Gdp Per Capita History

His gnp per capita estimates for 1800 in terms of 1960 dollars are 228 for china 1 007 in 1990 dollars and 213 for western europe 941 in 1990 dollars.

Gdp per capita history. Values are given in usds and have not been adjusted for inflation. But italy under the roman empire had a per capita income of 809. This is an alphabetical list of countries by past and projected gross domestic product per capita based on official exchange rates not on the purchasing power parity ppp methodology. Estimation of a country s gross domestic product shows the size of its economy but does not show how wealthy on average are individuals of that country.

These figures have been taken from the international monetary fund s world economic outlook weo database april 2019 edition world bank or. Online tool for visualization and analysis. But china fell behind not long after falling to 204 901 in 1990 dollars by 1860. The gdp per capita in australia is equivalent to 452 percent of the world s average.

This chapter builds upon the work by angus maddison and shows that the world s average gdp per capita increased by a factor of 10 between 1820 and the 2010. All countries and economies. Gdp per capita since 1820 since 1820 the world economy experienced spectacular growth in output and income. China was still ahead in 1800.

Gdp per capita in australia averaged 37022 72 usd from 1960 until 2019 reaching an all time high of 57071 20 usd in 2019 and a record low of 19245 60 usd in 1962. The economic well being of a country s citizens can be measured as a country s gdp per one inhabitant known as gdp per capita which is usually used as an indicator of the quality of life.