Gdp per capita by country. The 734 km² country has only 5.

Gdp per capita by country Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. World's GDP is $100,562,000,000,000 ( nominal , 2022) GDP per Capita by Country in 2021-5 year-1 year 2021 +1 year +5 year. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. Similar Economic Metrics for 2020. Singapore gdp per capita for 2020 was $61,467, a 6. Germany had the second highest GDP per capita. GDP by Country in 2010; GDP (current US$) from The World Bank: Data GDP per capita growth (annual %) WDI Tables. Also Read: The top 10 largest economies in the world in 2025 A closer look: Top 10 richest countries by GDP per capita ranking 2025. [1] This article includes 2 lists of countries of the world and their total expenditure on health per capita. GDP per capita is one of the best measures of a country’s wealth as it provides an understanding of how each country’s citizens live on average, showing a representation of the quantity of goods and services created per GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is problematic because GDP per capita is not a measure of personal income. DataBank. Country Date of Information; 1 Jul 23, 2024 · Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. Most Recent Value. GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Selected Countries and Economies. 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. Data are in current U GDP per Capita by Country in 1960-5 year-1 year 1960 +1 year +5 year. , while Mississippi ($53,061), Arkansas ($60,276), and West Virginia ($60,783) recorded the three lowest GDP per capita Mar 20, 2023 · Singapore: High GDP per capita with fluctuations, a peak in 2018 at $66,859, a dip in 2020, and the highest value of $72,794 in 2021. Oct 29, 2024 · The United States (1,6) is present in both lists of the top ten GDP and GDP per capita rankings in nominal terms. Explore Our DataBank. All Countries and Economies. GDP by Country in 2021; GDP per Capita by Country in 2020-5 year-1 year 2020 +1 year +5 year. These are lists of regions and countries by their estimated real gross domestic product (GDP) per capita in terms of purchasing power parity (PPP), the value of all final goods and services produced within a country/region in a given year divided by population size. GDP per capita, PPP (constant 2021 international $) GDP per capita growth (annual %) Selected Countries and Economies. This measures CO₂ emissions from fossil fuels and industry only – land-use change is not included. The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050; UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. Jan 7, 2024 · GDP (nominal) per capita of 195 countries by IMF. Some country estimates are available as far back as 1950. California has the largest GDP of any state, at $3,120,386,000,000, accounting for about 14. This indicator provides per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. GDP by Country in 2012; Dec 28, 2019 · GDP per capita (current US$) - Country Ranking - Central America & the Caribbean Definition: GDP per capita is gross domestic product divided by midyear population. Singapore reported the highest GDP per capita in 2021, surpassing the US. This is a list of Asian countries by GDP per capita based on purchasing power parity. Similar Economic Metrics for 2010. Canada gdp per capita for 2022 was $55,509, a 5. Using these numbers, that would mean the US GDP per capita is: GDP per capita GDP per Capita by Country in 2010-5 year-1 year 2010 +1 year +5 year. Rank GDP per capita is adjusted for inflation and differences in the cost of living between countries. Most The following lists show the latest figures for GDP and GDP per capita. Similar Economic Metrics for 1960. Asian countries by GDP (PPP) per capita in 2017. Total expenditure includes both public and private expenditures. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. See the ranking, the figures in USD and the historical data for each entity. The table has current values for GDP per capita, previous releases, historical highs and record lows, release frequency GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. It is often complemented by Gross National Income (GNI) per capita, which gives a better indication of how that nation's individual citizens are faring. The country with the lowest GDP per capita is Somalia with a GDP per capita of only $73. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. 6: 38,123 Singapore gdp per capita for 2023 was $84,734, a 4. Jan 1, 1998 · University of Warwick, Estimated pre-Second World War gross domestic product (GDP) per capita of selected countries, territories, and regions in 1938 (in 1990 international dollars) Statista PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. 1%), and Poland (2. 18% decline from 2022. GDP per capita, PPP (constant 2021 international $) Download. Brazil has the world’s 73rd highest per capita GDP of $8,967 and a GDP (PPP) of $2. May 6, 2024 · But how do countries in the region compare with each other on a per capita productivity basis? In this map, we show Europe’s GDP per capita levels across 44 nations in current U. The 734 km² country has only 5. Purchasing Power Parity (PPP) is a monetary conversion rate used to enable country-to-country comparisons of economic indicators including Gross Domestic Product (GDP), Gross National Income (GNI), GDP per capita, and GNI per capita. annual GDP per Capita. Given its vast energy resources, including the world’s third-largest natural gas reserves, the country provides its citizens free water and electricity. North America is followed by Oceania ($43,819). During the 2014 summit, all NATO members agreed to spend at least 2% of their GDPs on defense by 2025. For example, the US GDP per Capita is around $20 trillion in gross domestic product (2018) for a population of more than 300 million people. 1: 55,359 Cyprus 26. 4% of the country's total GDP. All figures are given in international dollars and are the latest estimates from the International Monetary Fund. It is used to describe the standard of living of a population, with a higher gross domestic product per capita country ranking a higher standard of GDP per capita, PPP (constant 2021 international $) from The World Bank: Data. 98% decline from 2019. Country Date of Information; 1 The countries with the lowest Gross Domestic Product (GDP) per capita are primarily situated in Africa. 58% increase from 2020. Canada’s GDP is expected to rise to $2. GDP by Country in 1980; Countries by GNI (PPP) per capita in 2016. GDP: California, Texas, New York, and Florida. The highest value was in Luxembourg: 132847 U. Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. While the country is the world’s largest exporter of soybeans, raw sugar, and coffee, wealth distribution is highly concentrated. 73 trillion. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020. 7: 53,705 UAE 536. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country. This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database. Mauritius followed with around 13 thousand U. dollars and the lowest value was in Burundi: 829 U. The following lists summarise the GDP © 2021 International Monetary Fund. This is a list of countries by gross national income (GNI) per capita growth. 84 trillion is ranked 17th globally. Similar Economic Metrics for 2017. . Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. Figures from other sources and years are noted as such. Data for this visualization and article is sourced from the International Monetary Fund (IMF) via their DataMapper tool, updated April 2024. Singapore gdp per capita for 2021 was $79,601, a 29. 07% decline from 2019. Burundi comes second with a GDP per capita of $217 and Malawi ranks third with a GDP per capita of $254. 7% of the country's total GDP. The United States had the highest GDP per capita of the countries at over 76,000 dollars in terms of purchasing-power-parity (PPP). Compare the GDP (PPP) per capita of different countries or territories in 2024 and previous years. GDP by Country in 2020; Apr 26, 2024 · There is, to begin with, no doubt that the 2011 PPPs and the related estimates of GDP per capita reflect the relative levels of GDP per capita in the world economy today better than the combination of the 1990 benchmark and growth rates of GDP per capita according to national accounts. [1] Jun 24, 2024 · GDP per capita takes the total economic output of a country in a year, and divides it by the total population, providing a measure of a country’s economic performance and living standards on a per person basis. See the sources, methods, and projections of the estimates by IMF, World Bank, and CIA. 74% increase from 2021. 85% decline from 2022. In this graphic, we’ve visualized GDP per capita for G7 nations, from 2019 to 2029 (forecasted). See the top 10 and bottom 10 countries, and learn about the techniques and problems of measuring GDP per capita. Canada has the tenth-largest economy in the world with a nominal GDP of $1. World Bank national accounts data, and OECD National Accounts data files. GDP per capita (constant 2015 US$) from The World Bank: Data. Canada’s per capita GDP of $46,260. 8 trillion in natural resources, which includes vast amounts of timber, uranium, gold, and iron. See also: Health spending as percent of gross domestic product (GDP) by country. The per capita of the richest economy, Luxembourg, would be 978% and 618% of the global average in nominal and PPP methods, respectively. GDP Per Capita - G20 - By Country - was last updated on Friday, January 10, 2025. Oct 31, 2024 · In 2024, Luxembourg would have the highest GDP per capita, while Burundi and South Sudan would be the poorest economies in nominal and PPP terms, respectively. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. 10 Poorest Countries in Europe (PPP GNI): Minimum required defense spending by NATO countries. 6 million residents and very few natural resources. Which country has highest GNI per capita? According to the Atlas method, Bermuda, which has a GNI of 122,470, has the highest GNI per capita. However, by 2023, 11 countries were meeting the GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. GDP per capita also varied widely throughout the United States in 2024, with New York ($117,332), Massachusetts ($110,561), and Washington (state) ($108,468) recording the three highest GDP per capita figures in the U. GDP per capita is gross domestic product at current market rates and divided by total population. In 2017, only four nations met the threshold: The United States (3. In contrast, GDP per capita (PPP) factors in each country’s relative cost of living and inflation rate. GDP by Country in 1960; GDP per Capita by Country in 1980-5 year-1 year 1980 +1 year +5 year. 6%), Greece (2. 71 is ranked 20th globally while its GDP (PPP) of $1. Luxembourg is at the top in the world gdp per capita ranking 2019 in the nominal method, followed by Macao SAR, China. Data from World bank includes gdp and year estimated for. 13 trillion by 2023. 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 Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. GDP per capita (GDP per citizen) is often considered an indicator of a country's standard of living. dollars GDP per capita is gross domestic product divided by midyear population. Country. Most Gross domestic product (GDP) refers to the market value of all final goods and services produced in a country in a given period. Country Date of Information; 1 May 20, 2024 · This GDP per capita indicator provides information on economic growth and income levels from 1990. However, when using the 2021 PPP method, Singapore has the highest GNI at 102,450. 09% increase from 2021. All rights reserved. GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) All Countries and Economies. Canada gdp per capita for 2020 was $43,538, a 6. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. GDP per capita is adjusted for inflation and differences in the cost of living between countries. This list is not to be confused with GDP per capita growth , GNI per capita or GDP growth . This page has a list of countries by GDP per capita, PPP (current international $), according to officially-recognized international sources compiled by the World Bank. 40 trillion. GDP per Capita by Country in 2017-5 year-1 year 2017 +1 year +5 year. The average GNI per capita in North America was $68,599 USD in 2021, and the European Union's average GNI per capita was $37,779. dollars. The total fertility rate summarizes the total number of births a woman would have, if she experienced the birth rates seen in women of each age group in one particular year across her childbearing The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP). GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. Gross Domestic Product (GDP) is one of the most important metrics used to measure the economic wealth of an entire nation. 87 thousand U. GDP per capita (nominal) is a raw figure that does not take into account the differences in the cost of living between one country and another. Most Recent Year 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. The country has an estimated $21. However, Seychelles is ahead of the 2021 global average of $12,023 USD, and several other African countries have the potential to meet and exceed that goal as well. , Canada GDP per capita, PPP (constant 2021 international $) CSV XML EXCEL. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Most figures are 2024 data from the International Monetary Fund; figures for dependent territories (both GDP [1] [2] and GDP per capita [3]) are 2024 data from the United Nations. This page provides values for GDP per capita reported in several countries part of World. GDP per capita (current US$) from The World Bank: Data. This data is adjusted for inflation and for differences in the cost of living between countries. The tax percentage for each country listed in the source has been added to the chart. World's GDP is $100,562,000,000,000 ( nominal , 2022) GDP per capita is gross domestic product divided by midyear population. Four states contribute over $1 trillion to the U. Oct 10, 2024 · In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. Dec 14, 2024 · No data available for Syria, Lebanon, and Palestine. Similar Economic Metrics for 1980. Qatar is the most prosperous overall, with the ninth-highest GDP per capita in the world, at $71,568 per person. Minimum required defense spending by NATO countries. S. This article includes a list of countries of the world and their gross national income (GNI) (formerly GNP) per capita at purchasing power parity (PPP) in 2023, as reported by the World Bank. The table has current values for GDP per capita, previous releases, historical highs and record lows, release frequency Latin American and the Caribbean countries by GDP per capita PPP (2019). Current healthcare expenditure per capita is adjusted for differences in the cost of living between countries but not for inflation. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. This page provides values for GDP per capita reported in several countries part of G20. In ppp terms, Macao SAR, China has the highest gdp per capita, followed by Luxembourg. Free and open access to global development data. GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. This GDP per capita indicator provides information on economic growth and income levels in the medium run. List of countries and dependencies This article lists countries alphabetically, with total tax revenue as a percentage of gross domestic product (GDP) for the listed countries. Canada gdp per capita for 2021 was $52,497, a 20. GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. GDP Per Capita) - By Country - was last updated on Wednesday, November 13, 2024. 2 days ago · Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. GDP by Country in 2017; This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. Use this database to find data on national accounts, inflation, unemployment rates, balance of payments, fiscal indicators, trade for countries and country groups (aggregates), and commodity prices whose data are reported by the IMF. Jul 26, 2021 · This map using data from the IMF shows the GDP per capita (nominal) of nearly every country and territory in the world. However, by 2023, 11 countries were meeting the World Bank tracks a number of income- and poverty-related metrics, including GDP per capita, GNI per capita, GINI coefficient per country, and median income. GDP per capita, PPP (constant 2021 international $) GDP per capita growth (annual %) All Countries and Economies. 5: 82,887 Israel 530. Data. 8: 52,407 Kuwait 183. Compare the GDP per capita of different countries using data from UN, WB and IMF. This information should be taken into account. Map of total public and private health expenditure per person (see year above map). Luxembourg, Bermuda, and Ireland rank highest in GDP per capita, indicating significant national wealth. The formula for GDP per capita is: GDP per capita =Gross Domestic Product / Population. [ 5 ] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [ 6 ] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades Oct 29, 2024 · This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices by IMF alongside their world rank, compare to world's average, gdp growth rate and gdp. As of March 2021, the 10 countries with the highest median incomes ranked are below. GDP per capita is gross domestic product divided by midyear population. GDP per Capita by Country in 2020; GDP Growth Rate by Country in 2020; GNI by Country in 2020; Countries with the Highest GDP (Gross Domestic Product) in 2020. Singapore gdp per capita for 2022 was $88,429, a 11. GDP per capita, Purchasing Power Parity, 2023: The average for 2023 based on 183 countries was 26940 U. GDP Per Capita (Market Prices): All Countries: Latest Data (2023 GDP per capita, PPP (constant 2021 international $) Download. Canada gdp per capita for 2023 was $53,372, a 3. CSV XML EXCEL. Most Recent Year. This page in: All Countries and Economies. Dec 6, 2024 · When it comes to Brazil, GDP per capita stands at $10,296—roughly a third of Guyana’s. Similar Economic Metrics for 2012. Most May 8, 2024 · Ranked: Southeast Asian Countries by GDP Per Capita. Most GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. The value amounted to 21. 5% increase from 2020. GDP per capita is a common measure of a country's wealth, but it does not always correspond to the average income of its citizens. It is also, incidentally, one of the richest nations in the world by this metric. Texas follows with $1,772,132,000,000, about 8. Sep 29, 2020 · How to Calculate GDP Per Capita. Nov 2, 2024 · With $57,192 in nominal terms, the per capita GDP of North America is 413% of the world's GDP per capita. Singapore stands head-and-shoulders above the rest of the region with a per capita GDP past $88,000. Country 4 days ago · This is a list of countries by nominal GDP per capita. Data are in current U Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Germany (3,17), Canada (9,19), Australia (14,12), the Netherlands (18,11), and Switzerland (20,2) are in the top twenty lists of GDP and GDP per capita. This is shown against gross domestic product (GDP) per capita, adjusted for differences in the cost of living between countries, and for inflation. 4%), the United Kingdom (2. Country GDP nominal billions of USD List of countries by GDP (per capita) Qatar 235. 0%). Country Date of Information; 1 2 days ago · Now, let’s explore each of the top 10 more closely. [2] Countries are ranked by their estimated 2024 figures. See also: GDP - per capita (PPP) map GDP per Capita by Country in 2012-5 year-1 year 2012 +1 year +5 year. While we GDP per capita is a measurement used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. Changes in gdp per capita and their respective ranking of economies. Compare the nominal GDP per capita of countries and territories in 2023, based on IMF, World Bank and UN estimates. As a result, Brazil has the highest income inequality in the region, with average wealth falling near the middle of the pack. World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Data are available from 1980 to the present, and projections are given for the next two years. Thematic data tables from WDI. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. ( learn more ). Selected Countries and Economies. Similar Economic Metrics for 2021. GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) Selected Countries and Economies. sjoy ddfyn rqdt ztna czqbl wftr gth kumgvd hpov pts