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, gdp per capita by country ppp, 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.

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.

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. The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by either of the sources. Contents move to sidebar hide. Article Talk. Read View source View history.

Our work would not be possible without gdp per capita by country ppp data providers we rely on, so we ask you to always cite them appropriately see below. GDP per capita National poverty line vs. A list of the top 15 GDP-per-capita countries from tocontains most of the major global tax havens see GDP-per-capita tax haven proxy for more detail :.

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.

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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. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution. Comparisons of national wealth are frequently made based on nominal GDP and savings not just income , which do not reflect differences in the cost of living in different countries see List of countries by GDP nominal per capita ; hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between economies because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates , which may distort the real differences in income. This is why GDP PPP per capita is often considered one of the indicators of a country's standard of living, [3] [4] although this can be problematic because GDP per capita is not a measure of personal income. See Standard of living and GDP.

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GDP per capita Diabetes prevalence vs. Read View source View history. All figures are in current international dollars , and rounded to the nearest whole number. GDP per capita Antidepressant drug consumption per 1, people vs. The highest value was in Luxembourg: U. And on current trends [because Irish GDP is distorting EU aggregate data], the eurozone taken as a whole may need to consider something similar. GDP per capita Per capita plastic waste vs. Sri Lanka. Solomon Isl. This is why GDP PPP per capita is often considered one of the indicators of a country's standard of living, [3] [4] although this can be problematic because GDP per capita is not a measure of personal income.

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GDP per capita Share of low-pay earners who are female vs. GDP per capita Years lived with disease or disability vs. Explore charts that include this data Fertilizer use vs. By country past and projected per capita per capita. This is the citation of the original data obtained from the source, prior to any processing or adaptation by Our World in Data. The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by either of the sources. GDP per capita Daily per capita supply of calories vs. Faroe Islands. By country future estimates per capita per capita per person employed. Citations How to cite this page To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation:. GDP per capita Aid received per capita vs. GDP per capita Annual change in forest area vs. Preparing this original data involves several processing steps. Northern Mariana Islands. Solomon Islands.