Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated ...
Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated ...
China, Canada, Germany, France and the United Kingdom did not make it into the top ten wealthiest countries in the world. Which countries' GDP per capita ranked at the top of the list and why? We explain in our review.
GDP measures the total economic output of a country or region, while GDP per capita divides that output by the population, indicating the average economic output per person. When the population factor is considered, lesser-known countries or territories with smaller populations but significantwealthapp...
GDP per capitais a measure of the total economic output of a country (GDP) divided by the total population of the country. Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Luxembourg, one of thesmallest countriesin the EU has a population of ...
Economically countries are ranked as per the GDP. This article lists the top countries by GDP in the world by 2024, are United States, China, Germany, Japan, India, United Kingdom, France, Italy.
With above 126k USD, Luxembourg has the highest GDP (nominal) per capita globally in 2022, which is almost ten times of the world GDP per capita and over 407 times of lowest-ranked Burundi of US$311. In World Bank data, Monaco and Liechtenstein have better per capita gdp than Luxembourg...
2.China– Country GDP $14.72 trillion The Chinese economy, one of the fastest growing economies of the 21st century, now ranked as the second largest economy in the world, is currently valued at a GDP of $14.72 trillion. With China’s Belt and Road Initiative effectively merging its foreign...
2023 GDP (Ranked by GDP)CountryGDP Saudi Arabia 1,108,671.52 Israel 525,002.45 United Arab Emirates 507,063.97 Egypt, Arab Rep. 476,747.72 Iran, Islamic Rep. 413,493.21 Iraq 264,182.17 Qatar 236,258.30 Algeria 194,998.45 Kuwait 175,363.27 Morocco 130,912.56 Oman 114,667.36 Jordan 48,653.38...
richest African countries) are ranked based on GDP per capita. And to determine a country’s GDP per capita for a specified year, we have to divide the GDP for that year by the corresponding population. Finally, below are the top 20 richest African countries in terms of GDP per capita. ...