Gdp Per Capita Quebec

However this is problematic because gdp per capita is not a measure of personal income.

Gdp per capita quebec. Canada gdp per capita for 2019 was 46 195 a 0 26 decline from 2018. Gdp per capita is often considered an indicator of a country s standard of living. Of this total the share of international exports is 60 4 compared with 39 6 for interprovincial exports. This ranking was established by comparing about 60 indicators for québec with those of 250.

This is one of the findings from the updated international comparisons section of the institut de la statistique du québec website. The per capita rather than per tax filer measure is chosen for comparability with gdp per capita. Gross domestic product gdp per capita shows a country s gdp divided by its total population. Canada gdp per capita for 2017 was 45 149 a 6 68 increase from 2016.

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. In constant 2012 dollars gap in per cent economy 1 standard of living as measured by real gdp per capita and productivity as measured by real gdp per job. In fact over the last five years 2014 2019 quebec has seen the highest increases in hourly wages in canada. The gross domestic product per capita in canada was last recorded at 51588 80 us dollars in 2019.

For illustrative purposes market income total income less government transfers per capita from tax returns is included. This page provides canada gdp per capita actual. Gdp per capita in canada averaged 37087 84 usd from 1970 until 2019 reaching an all time high of 51588 80 usd in 2019 and a record low of 22843 60 usd in 1970. As a result real purchasing power per capita grew by 1 6 in the area the strongest growth among the country s major metropolitan areas.

A table listing total gdp expenditure based share of canadian gdp population and per capita gdp in 2018. Québec ranked 32 nd worldwide for gdp per capita. Québec december 8 2016 québec ranked 32 nd worldwide for gross domestic product gdp per capita in 2015. Canada gdp per capita for 2018 was 46 313 a 2 58 increase from 2017.

The gdp per capita in canada is equivalent to 408 percent of the world s average. The gross domestic product per capita or gdp per capita is a measure of a country s economic output that accounts for its number of people it divides the country s gross domestic product by its total population. Canada gdp per capita for 2016 was 42 322 a 2 9 decline from 2015. Comparisons of national income are also frequently made on the basis of purchasing power parity ppp to adjust for differences in the cost of living in different countries.