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(see List of countries by GDP (PPP) per capita). PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
50K. 100K. 150K. Click on a country for details. GDP per Capita by Country 2024. Gross domestic product (GDP) is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. GDP per capita is an evolution of this metric, and is obtained by dividing a country's ...
PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. See also: GDP by Country. #. Country. GDP (PPP) per capita (2022) GDP (nominal) per capita (2022) vs. World PPP GDP per capita ($20,645) 1. Luxembourg.
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5 days ago · The statistic shows the 20 countries with the largest gross domestic product (GDP) per capita in 2022. In 2022, Belgium ranked 19th with an estimated GDP of about 49,843.16 U.S. dollars per capita.
Jun 22, 2023 · Here are the top 10 countries with the highest nominal GDP per capita in the world in 2023, measured in U.S. dollars: Luxembourg, Ireland, and Norway lead the ranking with more than $100,000 in GDP per capita. Luxembourg is a key financial services center in Europe, Ireland is headquarters to many multinational corporations, and Norway is one ...
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the United States surpassed the British Empire 's output around 1916, [6] which in turn had surpassed the Qing dynasty in aggregate output decades earlier.
GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. Details. Label. 1960 - 2021. Country.
