List of countries by gdp ppp per capita simple english. Dollar figures for gdp are converted from domestic currencies using single year official exchange rates. This entry shows gdp on a purchasing power parity basis divided by population as of 1 july for the same year. List of countries by gdp nominal per capita wikipedia. Gdp per capita is an important indicator for measuring the economic performance of countries, which is a central driver of peoples economic wellbeing. Present your regression table along with the interpretation of the intercept and slope coefficients. The top 5 countries also includes macau, luxembourg, singapore, and ireland. Graph and download economic data for constant gdp per capita for the united kingdom nygdppcapkdgbr from 1960 to 2018 about united kingdom, per. It tells you how prosperous a country feels to each of its citizens. 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. This is an alphabetical list of countries by past and future gross domestic product. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Gdp per capita is gross domestic product divided by midyear population.
Cia world factbook unless otherwise noted, information in this page is accurate as of june 30, 2018. 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 countryregion in a given year divided by population size. Gdp per capita ppp 2016 country ranks, alphabetical. The table has current values for gdp per capita, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical. Gdp per capita in advanced countries over the 20th century. Purchasing power parity converted gdp per capita chain series for taiwan 2005 international dollars per person, annual, not seasonally adjusted. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. 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. The information regarding gdp per capita ppp 2016 on this page is republished from the cia world factbook 2016. It proposes also a comparison of the level and growth of the main components of gdp per capita through an accounting breakdown and runs philipssul 2007 convergence tests over gdp per capita and its main components. This page provides iraq gdp per capita actual values, historical data, forecast, chart, statistics, economic calendar and news.
Since 1820, the world economy experienced spectacular growth in output and income. Us real gdp per capita table by year, historic, and current data. World gdp ranking 2015 data and charts, gdp by country, 19802015, gdp of african countries, cpi by country statistics, africa. List of countries by past and projected gdp nominal per. Not to be confused with list of countries by gdp nominal per capita. Top 105 countries gdp per capita ranking history, ppp. Cia world factbook unless otherwise noted, information in this page is accurate as of january 1, 2019 see also.
Gdp per capita total gdp population of country now your next questionhigher gdp per capita is good for economy or lower gdp per capita. Country comparison ranking by country listing of the values for the gdp per capita ppp field. Qatar is the top country by gdp per capita based on ppp in the world. Gdp per capita ranking 2015 data and charts economy, gdp, ranking. This is a list of countries of the world sorted by their gross domestic product gdp per capita.
These components are total factor productivity, capital intensity capital stock per hours worked, working time and employment. To make meaningful comparison, ppp is used to compare economies and incomes of people by adjusting for differences in prices in different countries. Gdp per capita ranking 2015 data and charts ministry. That makes it a good measurement of a countrys standard of living. No claims are made regarding theaccuracy of gdp per capita ppp 2016 information contained here.
Gdp is the total market value of all final goods and services produced in a country in a given year. It is derived from a straightforward division of total gdp see definition of gdp by the population. Similarly, while chinas gdp is larger than that of the united states in gdp, its gdp per capita is about onefourth that of the us. Gdp per capita ppp based is gross domestic product converted to international dollars using purchasing power parity rates and divided by. Gdp is the worth of all goods and services made in a country in a year. Run the following simple linear regression function on gdp per capita and life expectancy. Map of countries by gdp per capita based on ppp, 2019. This is a list of countries of the world sorted by their gross domestic product gdp. Gdp per capita and life expectancy order instructions gdp per capita and life expectancy. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east north america oceans south america south asia. The following estimates of per capita income of the world was made by angus maddison emeritus professor, university of groningen, 1999 in his article poor until 1820. Purchasing power parity means how much money would be needed to buy the same item in two different countries. All suggestions for corrections of any errors about gdp per capita ppp 2016 should be addressed to the cia.
Per capita gdp is a measure of the total output of a country that takes gross domestic product gdp and divides it by the number of people in the country. Its commonly used in statistics, economics, and business to report an average per person. On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures. It tells you how a country, state, or city affects its residents. Gdp per capita is calculated by dividing gdp by midyear population. For estimations of total gdp in history, see list of regions by past gdp ppp. The best books on gdp five books expert recommendations. This chapter builds upon the work by angus maddison and shows that the worlds average gdp per capita increased by a factor of 10 between 1820 and the 2010. Asiapacific 2014 gdp per capita this is the third edition of society at a glance asiapacific, a regularly updated oecd overview of social indicators, which addresses the growing demand for quantitative evidence on social wellbeing and its trends. This page provides values for gdp per capita reported in several countries. List of regions by past gdp ppp per capita wikipedia. Gdp per capita is a measure of a countrys economic output that accounts for its number of people. 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.
Ppp largely removes the exchange rate problem but not others. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for gdp per capita. Iraq the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. United states gdp per capita data is updated yearly, available from dec 1929 to dec 2017, with an average number of 6,740. Gdp nominal per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. Gross domestic product gdp per capita shows a countrys gdp divided by its total population. They must still be desperately poor and were terribly rich. Per capita gdp is typically expressed in local current currency, local constant currency or a standard unit of currency in international markets, such as the u. In statistics, its used to compare the economic indicators of countries with different population sizes. List of countries by gdp nominal per capita simple.
In the same year, however, the uk gdp per capita was six times that of india. The middleincome group, however, currently capita gnp numbers used for both the world bank atlas includes countries whose debt, trade, and social indicators and operational purposes, conversion into u. For the median country in the world, with a year 2015 ppp gdp per capita of around 0usd, iv estimates predict that a 1 percentage point increase in the gini coefficient decreases gdp per capita growth over a 5year period by over 1 percentage point. Data learn how the world bank group is helping countries with covid19 coronavirus. Gdp, volume annual growth rates in percentage, 2019 archive. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. As of 2019, gdp per capita based on ppp in qatar was 2,886 international dollars. Us gdp per capita table by year, historic, and current data.
After the fall of the roman empire, the west entered a recession that lasted about a millennium. Its interesting from my point of view because what he offers is almost an alternative to gdp. Iraq gdp per capita 19682018 data 20192020 forecast. Learn how the world bank group is helping countries with covid19 coronavirus. I will show every stats data in the world using various graphs. To smooth the yearbyyear fluctuations of the per countries. It divides the countrys gross domestic product by its total population. The woraph is a compound word and is formed from world and graph.
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