Highest Per Capita Income

For example maryland consistently remained the state with the highest per capita income rate in 2015 2016 and 2017.

Highest per capita income. 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. Among top 50 economies having highest gdp per capita brunei darussalam is fastest growing with growth rate of 4 70. Residents of the district of columbia had the highest personal income per capita in 2019 at 84 538 u s. For example if the per capita income for a nation rose from 50 000 per.

The countries with the highest median incomes are. Per capita income doesn t reflect inflation in an economy which is the rate at which prices rise over time. Likewise west virginia was the state to fall into last place over the course of those same three years. Rank country gdp per capita ppp date of information.

According to 2013 data from gallup the median household income worldwide is 9 733. Average income around the world the worldwide highest income is earned in monaco. Negative growth rate has been projected for macao sar puerto rico and the bahamas. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar.

This data is based on self reported data that was gathered between 2006 and 2012. The average income is calculated by gross national income and population. Mississippi residents on the other hand had the lowest personal income per. The smallest budget per capita exists in the democratic republic of the congo.

In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. 25 highest income earning countries in the world by james burton on october 23 2019 in economics norway s rich natural resources and fiscal responsibility allows it to have an incredibly high level of gross national income per capita. Gdp per capita ppp gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year.