India gdp per capita ppp

Business and economic data for countries. The average value for India during that period was U. The latest value from is U. For comparison, the world average in based on countries is U.

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India gdp per capita ppp

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. Tools Tools. Download as PDF Printable version. Retrieved 10 October Lists of countries by GDP rankings. Per capita Past and projected per capita Sector composition.

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 Constant Prices. International Monetary Fund.

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. All figures are in current international dollars , and rounded to the nearest whole number.

Most international comparisons on economic indicators are expressed in terms of official exchange rate. The technique of purchasing power parity allows us to estimate what exchange between two currencies is needed to express the accurate purchasing power of the tow currencies in the respective countries. Imagine that the market exchange rate between Dollar and Rupee is One Dollar in the US will buy one liter of milk there. Corresponding money in terms of Rupee i.

India gdp per capita ppp

Subscription Plans Features. Developer Docs Features. Already a user? App Store Google Play Twitter. Customers Investors Careers About us Contact. Summary Stats Forecast Download. The Gross Domestic Product per capita in India was last recorded at This page provides - India GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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South Africa. Economic growth. Accessed on 19 October Economic Calendar. Lists of countries by financial rankings. Hidden categories: All articles with dead external links Articles with dead external links from October Articles with short description Short description is different from Wikidata Wikipedia indefinitely semi-protected pages Use dmy dates from November Summary Stats Forecast Download. 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 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. 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 per cent of the world's investment in special purpose entities, which are often set up for tax reasons. The statistical distortions created by the impact on the Irish National Accounts of the global assets and activities of a handful of large multinational corporations have now become so large as to make a mockery of conventional uses of Irish GDP. 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. North Macedonia. Business and economic data for countries.

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.

GDP from Manufacturing. World Bank. Ghana Inflation Rate Ticks Down to A list of the top 15 GDP-per-capita countries from to , contains most of the major global tax havens see GDP-per-capita tax haven proxy for more detail :. National Statistics World Bank. GDP per capita varies considerably across countries. It allows us to answer the following question: 'What can the average person in some country buy if they paid U. We Are Hiring. There are many natural economic reasons for GDP-per-capita to vary between jurisdictions e. United Arab Emirates. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.