GDP By Country
Trying to compare GDP per capita by country and then include other likely drivers is difficult. On the one hand you have countries like Liechtenstein and Luxembourg near the top of the list who are not relying on natural resources to drive their economy. Then there are the various Arab states and Norway who are benefiting from oil.
My thoughts are to expand this into a matrix and include each country's debt as % of GDP, % of GDP spent on military, total population, health care as % of GDP, primary industry, form of government, and corporate tax rate. Then I would like to run a multiple linear regression to see if there are any attributes that are statistically valid determinants of GDP. Let me know if there are any other attributes you believe should be included.
The U.S. is at the top of the list for big countries. Almost all the countries in the top 20 besides the U.S. are either financial tax havens or have some kind of natural resource.
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