Which country has the highest GDP per capita 2014?
Which country has the highest GDP per capita 2014?
Gross domestic product per capita is sometimes used to describe the standard of living of a population, with a higher GDP meaning a higher standard of living. In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as can be seen in this statistic.
What is per capita income of countries?
Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country’s national income by its population.
How is the per capita GDP of a country calculated?
GDP per Capita Gross Domestic Product (GDP) per capita shows a country’s GDP divided by its total population. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita.
Which is the country with the highest per capita income?
With above one lakh USD, Luxembourg has the highest GDP (nominal) per capita globally in 2020 , which is ten times the world GDP per capita and over 400 times of lowest-ranked South Sudan of US$264. In World Bank data, Monaco and Liechtenstein have better per capita gdp than Luxembourg. Twelve economies have per capita income above $50,000.
Where can I find list of all countries by GDP?
Selecting all countries, GDP per capita (current US$), World Bank. Accessed on 1st of July 2020. ^ [2], (Select all countries, “GDP, Per Capita GDP – US Dollars”, and 2019 to generate table), United Nations Statistics Division. Accessed on 1 December 2020.
Which is the largest country in the world by GDP?
Rank Country/Territory US$ 1 Monaco (2018) 185,741 2 Liechtenstein (2017) 173,356 3 Luxembourg 114,705 — Macau 84,096 4 Switzerland 81,994 5 Ireland 78,661 6 Norway 75,420 7 Iceland 66,945 8 United States 65,281 9 Singapore 65,233 10 Qatar 64,782