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GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate 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.
Mar 31, 2024 · GDP per capita is an economic metric that measures a country's economic output per person. It is a global measure for gauging the prosperity of nations and is used by economists to analyze the growth of a country based on its GDP and population. Learn how to calculate GDP per capita, its applications, and the countries with the highest and lowest GDP per capita in 2023.
Country. Most Recent Year. Most Recent Value. GDP per capita (current US$) from The World Bank: Data.
May 29, 2023 · See the latest data on economic growth and income levels from 1990 to 2021, adjusted for inflation and cost-of-living differences. This data is based on the International Comparison Program (ICP) and the World Development Indicators (WDI) of the World Bank.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Country/territoryUn RegionImf [5] [6](projection)Imf [5] [6](year)455202491620241,12320241,5522024Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. 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.
Lists of countries by GDP per capita list the countries or territories in the world by their gross domestic product (GDP) per capita. The lists may be based on nominal or purchasing power parity GDP. Gross national income (GNI) per capita accounts for inflows and outflows of foreign capital.
