Jul 01, 2019 · Low income. 1,790. 910. Argentina. Upper-middle income. High income. 12,370. 13,040. The country and lending groups page provides a complete list of economies classified by income, region, and lending status and links to previous years’ classifications.
Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the ...
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16 countries in 2020 have an economy above $1 trillion. Sixty-two have above $100 billion, and 143 have above $10 billion. The top five economies constitute about 56% of the global gdp ; the top ten make up 69%, top 20 economies add up to over 81%.Country/EconomyGDP (Nominal) (billions of $)(2019)GDP (Nominal) (billions of $)(Rank)GDP (Nominal) (billions of $)(2020)United States21,433.225120,807.269China14,731.806215,222.155Japan5,079.91634,910.580Germany3,861.55043,780.553
Apr 14, 2021 · Calculated based on the top 100 wealthiest countries in terms of Gross Domestic Product (GDP) per capita at April 2021, the average GDP per capita for these competing economies was US$36,739 per country. That dollar amount reflects a 24.5 percent increase from an average $29,501 in 2010 when the Great Recession gained traction.
GDP helps to provide a snapshot of a country’s economy and can be calculated using expenditures, production, or incomes. World GDP. The world GDP is the added total of the gross national income for every country in the world. Gross national income takes a country’s GDP, adds the value of income from imports, and subtracts the value of money ...
Oct 05, 2020 · Middle income countries are a diverse group by size, population and income level, and are home to 5 of the world’s 7 billion people and 73% of the world’s poor people. MICs also represent about one-third of global GDP and are major engines of global growth.
Apr 13, 2021 · The income approach to measuring the gross domestic product (GDP) is based on the accounting reality that all expenditures in an economy should equal the total income generated by the production ...
Feb 04, 2021 · The country began to develop its travel and tourism industry in 1970s and now over 30 percent of GDP is coming from this sector in 2019. What is GDP? GDP is the total value of all goods and ...
GDP per capita (current US$) - Low income. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. None. Aggregates. Same region. Similar values. Highest values.
The UN calls for economically advanced countries to spend at least 0.7% of gross national income on ODA. The OECD argues this is perhaps the “best known target in international aid”. However, as the chart above shows, few countries have met it.