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Nominal gdp per capita by country

Countries by GDP (nominal) per capita 2019

As of 2019 at current $, Luxembourg is the richest country of the world having GDP (nominal) per capita over one lakh USD that is close to 10 times to the world GDP per capita of $11,463 and over 400 times of lowest ranked South Sudan of US$275. In World Bank data, Monaco and Liechtenstein has better per capita gdp than Luxembourg This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in USDs and have not been adjusted for inflation. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) database, April 2019 edition, World Bank, or. Country GDP (PPP) per capita (2017) GDP (nominal) per capita (2017) vs. World PPP GDP per capita ($17,100) 1: Qatar: $128,647 : $61,264: 752% ; 2: Macao: $115,367 : $80,890: 675% ; 3: Luxembourg: $107,641 : $105,280: 629% ; 4: Singapore: $94,105 : $56,746: 550% ; 5: Brunei : $79,003 : $28,572: 462% ; 6: Ireland: $76,745 : $69,727: 449% ; 7: United Arab Emirates: $74,035 : $40,325: 433% ; 8: Kuwait: $72,096 : $29,616: 422% ; Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period.GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing living.

GDP per capita is often considered an indicator of a country's standard of living; [2] [3] although this can be problematic because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in. Country/Economy GDP per capita Nominal ($) GDP per capita PPP (Int. $) 2019 Rank 2020 Rank % world 2019 Rank 2020 Rank % world; Pakistan: 1,349: 158: 1,260: 160: 11.5: 5,204: 144: 5,160: 141: 30.3: Venezuela: 2,299: 142: 1,739: 152: 15.9: 7,344: 130: 5,558: 134: 32.7: Afghanistan: 507: 188: 499: 187: 4.56: 2,201: 177: 2,073: 178: 12.2: Albania: 5,323: 102: 4,898: 98: 44.7: 14,534: 92: 13,651: 93: 80.3: Algeria: 3,898: 122: 3,331: 127: 30.4: 11,729: 112: 11,041: 10

List of countries by past and projected GDP (nominal) per

GDP per Capita - Worldomete

GDP per Capita . GDP per capita is a good way to compare the economic output of a country as experienced by its residents. It divides a country's economic output by its population. You can use GDP per capita to compare any country with another one It can then be further reduced to the nominal GDP per capita by dividing the nominal GDP by the country's population. What Does Nominal GDP Measure? Nominal GDP measures the value of the goods and services produced in a country at current prices, providing a snapshot of a country's current output in the current moment India is the world's sixth-largest economy by nominal GDP and the third-largest by PPP GDP. However, India ranks 141st in Nominal GDP per capita and 123rd in GDP per capita at PPP. GDP per capita is calculated by dividing the GDP by the total population of a country. It measures the average income of a country Suppose you produce T-shirts, and the equilibrium price for a T-shirt is $5. You haven't really done much research, so you decide to charge a price of $3 per shirt. At this price, there will be an excess demand of T-shirts The GDP per capita is calculated by using the Gross Domestic Product figure (real or nominal) and dividing it by the country's total population. It is assumed that a high GDP per capita means a high standard of living but there are many other factors that must be taken into account when evaluating the competitiveness of a given economy

Per capita gross domestic product (GDP) is a metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a country by its population GDP per capita is often considered an indicator of a country's standard of living; although this can be problematic because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries

Nominal Gross Domestic Product refers to the monetary value of all goods and services produced during the year, within the geographical limits of the country. The economic worth of all goods and services produced in a given year, adjusted as per changes in the general price level is known as Real Gross Domestic Product In other words, GDP per capita is the gross domestic product of a country that is apportioned against its entire population. However, it is important to note that usually real GDP (not nominal GDP) is used for the calculation of GDP per capita as it curbs the effects of inflation and aids comparison across the years _____ is Gross Domestic Product divided by a country's population. GDP per capita Real GDP Nominal GDP Country/Territory US$ 1 Luxembourg: 105,863 2 Switzerland: 80,637 — Macau: 77,111 3 Norway: 75,389 4 Iceland: 70,248 5 Ireland: 68,710 6 Qatar: 61,024 7 United States: 59,792 8 Singapore: 57,713 9 Denmark: 56,630 10 Australia: 55,692 11 Sweden: 52,925 12 Netherlands: 48,555 13 San Marino: 47,595 14 Austria: 47,347 — Hong Kong: 46,080 15 Finland: 45,927 1

This article contains a list of countries by nominal GDP per capita based on the most recently available data.Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates This is a list of countries of the world sorted by their gross domestic product (GDP) per capita.GDP is the worth of all goods and services made in a country in a year. PPP is for purchasing power parity. Purchasing power parity means how much money would be needed to buy the same item in two different countries The following is a list of GDP's (per Capita) of each nation.. Rank Country GDP Quebecshirite Credits per Capita ; 1 San Carlos Islands: TBD 2 Quebecshire 62982 This article includes four lists of countries of the world sorted by their gross domestic product per capita at nominal values, the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average (or mid-year) population for the same year.. The figures presented here do not take into account. This article includes four lists of countries of the world sorted by their gross domestic product per capita at nominal values. This is the value of all final goods and services produced within a nation in a given year, converted at market exchang

List of countries by GNI (nominal) per capita - WikiMili

Monaco has the world's second-highest GDP nominal per capita at US$153,177, GDP PPP per capita at $132,571 and GNI per capita at $183,150. Microstate French Riviera Monte Carlo Mediterranean Sea Constitutional monarch GDP/capita is the dumbest measure ever. Show me an Irishman making 90k a year and I show you an Irishman that doesn't have to drown his sorrows. Same goes for my country where people in the upper middle class make maybe 38k. 12k less than on this list. The lower you get on the list the more accurately the GDP/capita reflects how citizens are doing

List of countries by GDP (nominal) per capita Project

Per capita GDP is a GDP figure divided by the total population of the country in question. It can be a useful, though not perfect, measure of average standards of living in a country. GDP in large part rises due to population expansion, but per capita GDP can indicate average productivity changes per worker Economy Statistics > GDP > Nominal (per capita) by country Rank Countries Amount (top to bottom) #1 Luxembourg: $66,463.78 per capita #2 Norway: $54,467.23 per capita #3 Switzerland: $47,999.07 per capita #4 Ireland: $45,707.17 per capita #5 Denmark: $44,742.82 per capita #6 Iceland: $41,720.45 per capita Many of leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.. A stunning $12 trillion—almost 40 percent of all foreign direct investment positions globally—is completely artificial: it consists of financial investment passing through empty corporate shells with no real activity 세계정보 : 1인당 GDP (List of countries by GDP (nominal) per capita

The data on GDP by country from the World Bank presented on this page covers the period for the last half of the century. Looking at the GDP figures from a historic perspective allows an understanding of what phase is the economy of a country at the moment. GDP is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic The GDP per capita of the world can be obtained summing the GDP per capita of the seven continents. As of 2016, the world's GDP per capita averaged US$ 10,300. Comparing GDP Per Capita Of Different Continents. GDP per capita of a country is obtained by dividing the GDP by the size of the population This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. This is the value of all final goods and services produced within The world sorted by their gross domestic product per capita at nominal values. This is the value of all final goods and services produced within a nation in a given year, convert Nominal GDP estimates are used to determine the economic performance of a whole country or region in order to ease the comparisons on the international level. Mexico's government budget.

GDP Per Capita: Definition, Formula, Highest, Lowest,

Countries by Projected GDP per capita 2020

This post includes IMF data on Nominal Per Capita GDP by Country. I have organized the data by continent and identified the islands. I expect to post final updates of GDP and economies of countries as these are updated over Q1 2020. This data includes per capita GDP data by country and by year GDP Per Capita = $2000; Therefore, the GDP per capita of country X is $2000. Example #2. Country MCX is trying to figure out the GDP of the country and also then wants to know what the GDP is and per capita of the country Nominal Per Capita GDP by Country Luxembourg $120,061 Switzerland $86,835 Iceland $84,675 Macao SAR $83,844 Norway 82,711 Ir..

List of countries by GDP (nominal) - Wikipedi

GDP per capita in the USA at the eve of independence was still below $2,000, adjusted for inflation and measured in prices of 2011 it is estimated to $1,883. In 2016 - 240 years after independence - GDP per capita has increased more than 28-fold to $53,015 A country's per capita GDP is simply its total GDP divided by the number of people living in the country. Note that GDP can apply to a unit other than a country, such as a province or state or region of a country, or a group of countries like the European Union. But the same principle applies: per capita = total/population Country Info; Stats; Economy; GDP per capita in 1950; CONTENTS. MAP; INTERESTING; Q+A; SHARE TWEET EMBED EXPORT Economy > GDP per capita in 1950: Countries Compared Map. Interesting observations about Economy > GDP per capita in 1950. 0. maddison's data is pretty close to this data. In that dataset, the UK would have been 7th in 1950

GDP Ranked by Country 2020 - World Population Revie

GDP per capita per year: $900 It is located on the West African coast. It is bordered by Sierra Leone to its west, Guinea to its north and Ivory Coast to its east, the Atlantic Ocean to its south The country with the world's second-highest per capita GDP, is Switzerland, with a value of USD 81,993.7. This makes Switzerland the world's second most competitive economy. Apart from its neutrality, the country is known for its efficient capital markets, low unemployment, and highly skilled labor force Example of GDP Per Capita. A country has a nominal GDP of $5 trillion and a population of around 300 million, as of December 2018. Let us try to calculate the GDP per capita using the nominal GDP formula The share of such people in the workforce may vary from country to country. For example, Qatar uses more than 2 million foreign workers. Figure 1. The evolution of the working-age and total population ratio in the USA and Mexico since 1960. The per capita definition is crucial for our study, but the real GDP definition is also important From the given example, Serbia's GDP (PPP) is much larger than its GDP (Nominal) —it means that if you took the same amount of money to the US and Serbia, you'd be able to buy more stuff in Serbia. The word nominal here means name —GDP (Nomina..

This is a list of country subdivisions by gross domestic product (nominal) per capita in the world, ordered by GDP per capita (from 2008). Entries are limited to those entities exceeding 50,000 U.S. dollars.Those subdivisions which are the largest (in GDP per capita terms) in their respective countries are shown in bold.Figures are shown in U.S. dollars NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA List of European countries by GDP (nominal) per capita — This is a list of European nations by GDP per capita. * The IMF column includes estimated data for the year 2007 for members of the International Monetary Fund (plus the Hong Kong Special Administrative Region), for which information is available Nominal Gross Domestic Product (GDP) and Real GDP both quantify the total value of all goods produced in a country in a year. the real GDP (and real GDP per capita) shows a more accurate picture of a country's economic performance Economic Indicators An economic indicator is a metric used to assess, the nominal GDP of a country was $8. If India is to propel itself into the World Bank's 'upper middle income' category i.e. increase its nominal GDP per capita income to $4,000, some analysts have estimated that the size of the economy would need to increase to around $5.6 trillion

GDP Per Capita Formula | Calculator (Examples With Excel

GDP by Country - Worldomete

Estimation of a country's gross domestic product shows the size of its economy but does not show how wealthy on average are individuals of that country. The economic well-being of a country's citizens can be measured as a country's GDP per one inhabitant, known as GDP per capita which is usually used as an indicator of the quality of life The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nations within the seven continent model, sorted by USD. The first list includes 2010 data estimates n1 for members of the International Monetary Fund The real Gross Domestic Product per person, or per capita, is calculated by first adjusting the nominal GDP of a country for inflation by dividing the nominal GDP by the deflator. The adjusted number, or real GDP, is then divided by the country's population Per capita GDP is a measure of average income in a given country. It is calculated by dividing nominal GDP by the country's population (citizens and non-citizens).Although, this indicator is far from being perfect in measuring people's standards of living and lifestyle, it is still used to compare changes of average income over time for the same country, and in comparing on

Real GDP per capita - Products Datasets - Eurosta

The data is updated yearly and is categorized in CEIC under World Trend Plus's Country This is the measure most economists GDP (purchasing power parity): This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. Iceland and Qatar GDP per capita: $1,292; Malawi, one of the poorest countries in Africa, The. TheInfoList.com - (List_of_countries_by_GDP_%28nominal%29_per_capita) This page lists the countries of the world sorted by their a href 55 different GDP Quizzes on JetPunk.com. Check out our popular trivia games like Countries with the Biggest GDPs, and Richest Countries by Per-Capita GDP District 2010 Population (000) [1] 2008 GDP (USD bn) a 2008 GDP per capita (USD)a [2] Agri culture b Mining b Manufac turing b Services & cons truction b Exports (USD mn) 2011 [3] Median mo. salar

^ a b Indian GDP (Nominal, Per Capita, PPP, PPP Per Capita). April 2017. International Monetary Fund (IMF). WayBackMachine Link. Retrieved November 10th, 2017. ^ a b Japan Nominal GDP. April 2017. International Monetary Fund (IMF). WayBackMachine Link. Retrieved November 10th, 2017. ^ a b Saba Aziz (October 22nd, 2017) The key difference between GDP per capita and income per capita is that GDP per capita is the measure of the total output of a country where the Gross Domestic Product (GDP) is divided by the total population in the country whereas income per capita is a measure of income earned per person in a country within a given period of time. CONTENTS. 1 The Gross Domestic Product per capita in Malta was last recorded at 43340.20 US dollars in 2019, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Malta, when adjusted by Purchasing Power Parity is equivalent to 244 percent of the world's average. GDP per capita PPP in Malta averaged 29357.82 USD from 1990 until 2019, reaching an all time high of 43340.20 USD in 2019 and a. The dynamic graph shows the ranking GDP per capita (nominal) of ASEAN Countries. Data were taken from IMF. Source: IMF Music: Elektronomia - Sky High [NCS Re.. Turkey gdp per capita for 2019 was $9,042, a 3.5% decline from 2018. Turkey gdp per capita for 2018 was $9,370, a 10.88% decline from 2017. Turkey gdp per capita for 2017 was $10,514, a 2.84% decline from 2016. Turkey gdp per capita for 2016 was $10,821, a 1.17% decline from 2015

Countries by GDP: The Top 20 Economies in the Worl

  1. al values. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year
  2. al) per capita in the world, ordered by GDP per capita (from 2005).Entries are limited to those entities exceeding 30,000 U.S. dollars.Those subdivisions which are the largest in their respective countries are shown in bold.. Note: These figures are calculated using exchange rate conversions, and exchange rates fluctuate.
  3. Norway is the 5 th richest country in the world with a GDP per capita of $86, 362 in 2019. It is one Scandinavian country that is not only known by its charm but by its wealth too. 6. Switzerland. The Swiss people are swaddling in wealth with a GDP per capita of $80,069 as per 2019 reports. This was a great rise from $83,833 in 2017. 7. Brunei Darussala
  4. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita PPP. This page provides values for GDP per capita PPP reported in several countries. The table has current values for GDP per capita PPP, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to.

GDP per capita from the World Bank (in constant 2011 international $) vs. GDP per capita from the Maddison Project (in 2011US$, single benchmarks) GDP per capita in England; GDP per capita in US$ World Bank (1960 to 2017) GDP per capita vs population density; GDP per person employed (constant 2011 PPP $) Global Hunger Index vs. GDP per capita Level of GDP per capita and productivity. Level of GDP per capita and productivity. GDP per capita levels - most recent year. Labour productivity levels - most recent year. Total employment. Country [49 / 54] Subject [13 / 13] Measure [6 / 6] Time [50] Layout; Table options Export. Exce Their GDP per capita is ranked between 15th and 20th depending on which data you use. The CIA Factbook actually ranks them lowest. They have an economy somewhere between 44th and 47th largest in the world, but their population is 119th NOTE: The information regarding GDP - per capita (PPP) 2014 on this page is re-published from the CIA World Factbook 2014. No claims are made regarding theaccuracy of GDP - per capita (PPP) 2014 information contained here. All suggestions for corrections of any errors about GDP - per capita (PPP) 2014 should be addressed to the CIA

A country's wealth (defined as GDP per capita) is positively associated with its education expenditures per FTE student at the elementary/secondary and postsecondary levels. In 2016, of the 15 countries with a GDP per capita greater than the average of OECD countries that also reported data for elementary/secondary education expenditures per. 1. Of the following which is the best measure of standard of living within a country over time? a. Real GDP b. Nominal GDP c. Real GDP per capita China vs World by Nominal GDP per capita in 2020 (Green is richer, Red is poorer) Close. 0 6 60. Posted by 2 days ago. China vs World by Nominal GDP per capita in 2020 (Green is richer, Red is poorer) 6 3 36. comments. share. save. (on average) in a country. Continue this thread. China Nominal GDP Per Capita is forecasted to be 10,582.102 USD in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of 10,286.580 USD in Dec 2019. Looking ahead, China Nominal GDP Per Capita is projected to stand at 16,242.176 USD in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus's Country.

China Provinces (23)

Gross domestic product or GDP is an approximate measure of the market value of all goods and services produced in a country during a specific period. How to Calculate Country per Capita Income When country GDP per capita is calculated, it is done by dividing the nominal or real GDP by the country's population Country Comparison :: GDP - per capita (PPP) Download. GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Filter by the Region: Rank Order Listing for the GDP - per capita (PPP) field. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Description: The map displayed here shows how GDP - per capita (PPP) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. Source: CIA World Factbook - Unless otherwise noted, information in.

Real GDP per capita is real GDP divided by the country's population. It provides a better measure of a country's (average) standard of living than GDP itself since it shows the volume of goods and services available in principle to each member of the population. Nominal GDP is more useful for assessing how 'big' other nominal figures are Country or Area Year Item Value; Afghanistan: 2018: Gross Domestic Product (GDP) 552: Afghanistan: 2017: Gross Domestic Product (GDP) 593: Afghanistan: 2016: Gross Domestic Product (GDP The statistic shows gross domestic product (GDP) per capita in the MENA countries in 2018. GDP is the total value of all goods and services produced in a country in a year c. Calculated real GDP in each country in 2010, using 2005 as the base year. d. Calculate the percent increase in real GDP between 2005 and 2010 for each country. e. Compare the two countries' real GDP per capita in 2010 using 2005 as the base year GDP per capita is an average, and thus ignores the distribution of incomes in a given country. Although the GDP per capita of a country may be very high, it may be the case that 10 percent of the country earn millions of times more than the other 90 percent of the country's inhabitants, who earn extremely low wages

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GDP per capita is an important indicator of economic performance and a useful unit to make cross-country comparisons of average living standards and economic wellbeing. However, GDP per capita is not a measure of personal income and using it for cross-country comparisons also has some known weaknesses GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources Norway comes second among all other European countries in terms of per capita income and ranks at 6th in terms of GDP (PPP) over the entire world. Norway is not only the second richest country in Europe, but is also the second richest country in whole world. 1. LUXEMBOURG - 110,697.03 US Calculate the nominal GDP per capita for each country. Which country has the higher nominal GDP per capita? Country A Country B GDP (nominal) $30 million $360 million Population 1,000 12,000 Country A GDP per capita: 30m Country B GDP per capita: 360m 2. A significant number of people who work in Country A are citizens of a neighboring country Datasets > World Economic Outlook (April 2019) > Gross Domestic Product (GDP) > GDP per capita, current prices. Avaliable . Gyrostat (2016). Map with all the countries by GDP per capita (2014). Retrieved from Wikimedia Commons. Avaliable Country Nominal GDP (2017 CIA estimates in millions of US$) GDP (nominal) per capita (2017 IMF estimates in Int$) GDP (PPP) (2017 CIA estimates in millions of Int$) GDP (PPP) per capita (2017 CIA estimates in Int$) Australia: 1,390,000 56,135 1,235,000 49,900 Federated States of Micronesia: 329 3,218 347 3,033 Fiji: 5,054 5,761 8,647 9,90

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