Although economists use GDP per capita to compare the level of prosperity of populations worldwide, it does not take into account the income inequalities that can exist within a country. Based on the Gini index, for example, some African countries are among the most unequal on the planet in ...
Gross domestic product (GDP) per capita is an economic metric that breaks down a country’s economic output to a per-person allocation. Economists use GDP per capita to determine the prosperity of countries based on their economic growth. Countries with a higher GDP per capita tend to be thos...
GDP is a measure of a country's economic activity and is used to compare the economies of different countries. GDP is an important indicator of a country's economic strength because it measures the total output of the economy. A higher GDP means that the country is producing more good...
decades and interest rates not likely to be cut soon, experts are united in suggesting only a broad range of stimuli could help the country's economy out of its ongoing slump. The lack of said stimuli led the IMF to projectChina's real GDP growthto dip below four percent from 2027 ...
Top 10 Highest GDP In Africa 2020 1. Nigeria GDP – $444.916 Billion Per Capita – $2,233.45 The West African country has always been referred to as “the giant of Africa”, both in terms of population and economy. Since 2014, Nigeria has been topping the list of highest GDP in Africa...
Ranked: The Import Dependency of Major Economies Visualized: Post-Pandemic GDP Growth Recovery, by Region Charted: America’s GDP Decline in Q1 2025 These 18 Industries Could Reshape the Global Economy by 2040 Charted: Real Interest Rates by Country in 2025 Technology These 18 Industries Could Res...
In 2022, the top1%of adults in the United Arab Emirates held 43.5% of the country’s total wealth. Learn More on the Voronoi App To learn more about the wealthiest countries in the world, check out thisgraphicthat shows the world’s richest countries by GDP per capita. ...
Population figures were obtained from the World Bank as of 2023. Gross domestic product (GDP) amounts for 2023 also come from the OECD.23 1. United States Neale Clark / Getty Images Disposable income per capita:$58,228.51 Population:334.9 million ...
The future of modern India, the IT Industry is one of the country’s fastest-growing sectors. From a significant shareholder of 2022-23 GDP growth to the contributor of bringing a change in society, the IT industry has given so much to our nation. ...
China's GDP grew 5.5 percent year-on-year to 59.3 trillion yuan ($8.3 trillion) in the first half of 2023, data from the National Bureau of Statistics showed on July 17. The GDP of Guangdong and Jiangsu provinces reached 6.29 and 6.05 trillion yuan, respectively, in the first half of t...