Top 20 Richest Countries In The World Gdp Per Capita Gdp per capita is often considered an indicator of a country's standard of living; [1] [2] 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 ( see list of countries by gdp (ppp) per. 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 2022.
Gdp Per Capita Richest Countries In The World Ranking 1960 In april, the imf upgraded its 2024 projections for us economic growth to 2.7% ( 0.6% higher than it forecasted just a few months earlier), but the performance of the united states—according to the fund—will be this year “a major driver of global growth.”. 8. san marino🇸🇲. Central african republic. $516. malawi. $483. sierra leone. $472. burundi. $308. luxembourg, one of the smallest countries in the eu has a population of 634,000 and is the richest country in this ranking with a per capita gdp of nearly $130,000. This gdp per capita indicator provides information on economic growth and income levels in the medium run. some country estimates are available as far back as 1950. this data is adjusted for inflation and for differences in the cost of living between countries. this data is expressed in international $ at 2017 prices, using multiple benchmark. 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.
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