Gdp per capita ppp

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This is an alphabetical list of countries by past and projected Gross Domestic Product per capita , based on the Purchasing Power Parity PPP methodology, not on official exchange rates. Values are given in International Dollars. Contents move to sidebar hide. Article Talk. Read View source View history.

Gdp per capita 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 on the basis of 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. All figures are in current international dollars , and rounded to the nearest whole number. The table initially ranks each country or territory with their latest available year's estimates, and can be reranked by any of the sources. The share of the shadow economy is significant in many European countries, ranging from less than 10 to over 40 percent of GDP. There are many natural economic reasons for GDP-per-capita to vary between jurisdictions e. However, it is increasingly being recognized that tax havens , or corporate tax havens , have distorted economic data which produces artificially high, or inflated, GDP-per-capita figures. These investments in empty corporate shells almost always pass through well-known tax havens. The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world's investment in special purpose entities, which are often set up for tax reasons. In , Ireland's economic data became so distorted by U. Ireland is one of the world's largest corporate tax havens.

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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

Gdp per capita ppp

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.

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Although the EU is not a federation in the strict sense, it is far more than a free-trade association such as ASEAN, NAFTA, or Mercosur, and it has certain attributes associated with independent nations: its own flag, currency for some members , and law-making abilities, as well as diplomatic representation and a common foreign and security policy in its dealings with external partners. Contents move to sidebar hide. San Marino. Retrieved 10 October S2CID Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Tools Tools. Download as PDF Printable version. GDP from Construction. United Arab Emirates. Solomon Islands. Toggle limited content width.

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PPP per capita Nominal per capita. Download as PDF Printable version. International Monetary Fund. United States. Sri Lanka. Calendar Forecast Indicators News. Contact us Already a Member? Gross National Happiness Net material product Research and development spending Stock market capitalization Patents, trademarks, and industrial design filing activity. Tax haven Sink OFC. All figures are in current international dollars , and rounded to the nearest whole number.