Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of 14.44%. Puerto Rico will experience negative growth rates in 2025. Italy and Germany have growth rates below 1%. GDP per capita ranking has been occupied by smaller economies, as among the top...
Middle East and Central Asia2.72.2-2.95.74.62.4 Sub-Saharan Africa3.33.1-1.74.53.82.6 The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. GDP growth is expressed as a percent. The average gro...
GDP per capita of the World, comprising 194 economies, in 2024 is projected to be around $13,842 in nominal terms, obtained by data from the IMF. This figure is almost $435 more than compared to $13,407 in 2023. Global GDP per capita in terms of PPP is forecast to be around Int....
the years, the world economy has expanded from $11.07 trillion in 1960 to $92.83 in 2023, or 8.39x based on the market exchange rate as estimated by the World Bank, comprising more than 200 economies. In constant purchasing power parity terms, world GDP has expanded by 2.78 times since ...
GDP, current prices * U.S. $s | GDP, deflator Index, 2000=100 GDP per capita, constant pri Natl currency GDP per capita, current pric Natl currency GDP per capita, current pric U.S. $s Output gap in percent of pot % of potential GDP GDP based on PPP valuation o Current...
Read our in-depth guide to the richest countries in the world by GDP per capita in 2023 and how it could influence where you choose to establish yourself abroad
Every year, the IMF and the World Bank calculate the gross domestic product, or GDP, of all countries in the world. Based on this indicator, a rating of the richest countries is formed. The gross product per capita reflects the well-being of the country’s citizens. It’s important to ...
GDP Per Capita (Current) GROSS DOMESTIC PRODUCT PER CAPITA (MARKET PRICES) GDP per capita is gross domestic product at current market rates and divided by total population. The data is priced in United States dollars. Data source:World Bank, Washington D.C....
in terms of its population size. It gives economists an idea of how prosperous a country’s residents are.Per capitameans “per person.” Theformula for GDP per capita = GDP ÷ Population.Example: US GDP ($18,569,100,000,000)÷US Population (331,002,651) = $56,100 GDP per capita....
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 634,000 and is the richest country in this ranking with a per capita GDP of nearly$130,000. Formerly known for itssteel ma...