Gdp per capita by country ppp

A country's gross domestic product GDP at purchasing power parity PPP per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average or mid-year population for the same year. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country.

Much of the economic data we use to understand the world — for instance on the goods and services bought or produced by households, firms and governments, or the incomes they receive — is initially recorded in terms of the units in which these transactions took place. That means this data starts out being expressed in a variety of local currencies — as so many rupees, US dollars, or yuan, etc. Before these figures can be meaningfully compared, they need to be converted into common units. International dollars int. It is the result of adjusting both for inflation within countries over time and for differences in the cost of living between countries.

Gdp per capita by country ppp

The data given on this page are based on the international dollar , a standardized unit used by economists. Certain regions that are not widely considered countries such as Hong Kong also show up in the list if they are distinct jurisdiction areas or economic entities. GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income. The first set of data on the left columns of the table includes estimates for the year made for each economy of the economies U. The data is in millions of international dollars and was calculated and published by the IMF in October The second table includes data, mostly for the year , for of the current United Nations member states as well as Hong Kong and Macau the two Chinese Special Administrative Regions. Data are in millions of international dollars; they were compiled by the World Bank. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to Non-sovereign entities the world, continents, and some dependent territories and states with limited recognition such as Kosovo , Palestine and Taiwan are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in italics.

GDP per capita Death rate from cancers vs.

Business and economic data for countries. The highest value was in Luxembourg: U. The indicator is available from to Below is a chart for all countries where data are available. Measure: U. Download data API. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates.

PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U. 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 without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the ICP round.

Gdp per capita by country ppp

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By country future estimates per capita per capita per person employed. Gross National Happiness Net material product Research and development spending Stock market capitalization Patents, trademarks, and industrial design filing activity. GDP per capita Share of adults who smoke vs. United Arab Emirates. GDP per capita Per capita electricity consumption vs. French Polynesia. GDP per capita Carbon intensity vs. GDP per capita Life expectancy vs. Lists of countries by GDP rankings. San Marino. GDP per capita Mean income or consumption per day vs. Think of it as follows.

A country's gross domestic product GDP at purchasing power parity PPP per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average or mid-year population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.

GDP per capita Homicide rate vs. If it has only one computer, then it may not know what to do with it. That happens, for example, through foreign direct investment as companies from the rich countries bring new technologies to the poor countries. The data is in millions of international dollars and was calculated and published by the IMF in October Dominican Republic. Archived from the original on 11 June Ireland has, more or less, stopped using GDP to measure its own economy. Forex reserves Forex reserves ex. GDP per capita Malnutrition death rate vs. In fact, when it comes to the poorest countries, there has even been some income divergence. In the example above, if the firm has many computers and much experience using them, an additional computer will be put to good use.