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.
The formula thus is: GDP (PPP) = GDP per capita (PPP) x population size It should be stressed that, historically speaking, population size is the far more important multiplier in the equation. This is because, in contrast to industrial economies , the average income ceiling of premodern agrarian societies was quite low everywhere, possibly not ...
This is a list of OECD regions by GDP per capita, a ranking of subnational entities from members of the Organisation for Economic Co-operation and Development (OECD) by gross domestic product at purchasing power parity prices per capita. The 381 areas shown below are "territorial level 2" (TL2) regions. Data are in current 2016 international ...
- External Links
In the absence of sufficient data for nearly all economies until well into the 19th century, past GDP cannot be calculated, but at best only roughly estimated. In a first step, economic historians try to reconstruct the GDP per capita for a given political or geographical entity from the meagre evidence. This value is then multiplied by estimated populationsize, another determinant for which as a rule only little ancient data is available. A key notion in the whole process is that of subsistence, the income level which is necessary for sustaining one's life. Since pre-modern societies, by modern standards, were characterized by a very low degree of urbanization and a large majority of people working in the agricultural sector, economic historians prefer to express income in cerealunits. To achieve comparability over space and time, these numbers are then converted into monetary units such as Interna...
In his 1995 book Economics and World History, economic historian Paul Bairoch gave the following estimates in terms of 1960 US dollars, for GNP from 1750 to 1990, comparing what are today the Third World (Asia, Africa, Latin America) and the First World (Europe, North America, Japan). A ^ Third World refers to Asia (excluding Japan), Africa, and Latin America. B ^ First World refers to Europe, Russia, the United States, Canada, and Japan.
The following estimates are taken exclusively from the 2007 monograph Contours of the World Economy, 1–2030 AD by the British economist Angus Maddison. A ^ From 1 AD to 1913 AD, India includes modern Pakistan and Bangladesh. From 1950 onwards, India refers only to the modern Republic of India. Maddison' assumptions have been criticized and admired by academics and journalists. By Bryan Haig, who has characterized Maddison's figures for 19th century Aust...
The following estimates were made by the economic historian Paul Bairoch. Contrary to most other estimates on this page, the GNP (at market prices) is given here in 1960 US dollars. Unlike Maddison, Bairoch allows for the fluctuation of borders, basing his estimates mostly on the historical boundaries at the given points in time.
The following estimates are taken from a revision of Angus Maddison's numbers for the whole of Europe by the Italian economists Elio Lo Cascio and Paolo Malanima.According to their calculations, the basic level of European GDP (PPP) was historically higher, but its increase was less pronounced.
Angus Maddison's above GDP estimates for Chinarefer to the following empires: 1. Han dynasty 1.1. 1 AD — 25.4% share of world GDP 2. Song dynasty 2.1. 1000 — 22.1% share of world GDP 3. Ming dynasty 3.1. 1500 — 24.9% share of world GDP 3.2. 1600 — 29% share of world GDP 4. Qing dynasty 4.1. 1700 — 22.3% share of world GDP 4.2. 1820 — 32.9% share of world GDP 4.3. 1870 — 17.1% share of world GDP
Angus Maddison's above GDP estimates for India (including modern Pakistan and Bangladesh) refer to the following empires: 1. Middle kingdoms of India 1.1. 1 AD — 32% combined share of world GDP 2. Medieval Indian empires 2.1. 1000 — 28% combined share of world GDP 2.2. 1500 — 24.4% combined share of world GDP 3. Mughal Empire 3.1. 1600 — 22.4% share of world GDP 3.2. 1700 — 24.4% share of world GDP 4. British Indian Empire 4.1. 1820 — 16% share of world GDP 4.2. 1870 — 12.1% share o...
Much work in estimating past GDP has been done in the study of the Roman economy, following the pioneering studies by Keith Hopkins (1980) and Raymond Goldsmith (1984). The estimates by Peter Temin, Angus Maddison, Branko Milanović and Peter Fibiger Bang follow the basic method established by Goldsmith, varying mainly only in their set of initial numbers; these are then stepped up to estimations of the expenditure checked by those on the income side. Walter Sc...
People also ask
What is ppp in gdp?
Is European GDP per capita higher?
What percentage of GDP is affected by fDi?
What was the GNP per capita in 1960?
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 dollar (international dollar) estimates here are derived from PPP estimates.
List of regions by past GDP (PPP) per capita; List of regions by past GDP (PPP) This article includes a country-related list of lists Last edited on 21 September 2020 ...
This page is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.
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. Per capita means per person.
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2020 Edition. 
(Redirected from List of Italian regions by GDP (PPP)) This article lists Italian regions and autonomous provinces ( NUTS 2 ) by gross domestic product (GDP) . Note that data for region Trentino-Alto Adige are broke down to the level of its two constituent autonomous provinces, Trento and Bolzano .