>>17866309Now explain why the actual income gap between the developed and developing world is actually increasing over time.
Gap between the US and China in income per capita adjusted for purchasing power based on constant 2021 USD to account for inflation:
1995: 43,680
2023: 52,337
Source:
https://data.un.org/Data.aspx?d=WDI&f=Indicator_Code%3aNY.GNP.PCAP.PP.KD%3bCountry_Code%3aCHN%2cUSA%3bTime_Code%3a1995%2c1996%2c1997%2c1998%2c1999%2c2000%2c2001%2c2002%2c2003%2c2004%2c2005%2c2006%2c2007%2c2008%2c2009%2c2010%2c2011%2c2012%2c2013%2c2014%2c2015%2c2016%2c2017%2c2018%2c2019%2c2020%2c2021%2c2022%2c2023&c=1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30&s=Country_Name:asc&p=Time_Code&v=1