Income Per Capita By Country 2018

The united states only comes in third for the highest wealth per adult.

Income per capita by country 2018. Gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. The values are adjusted for inflation and reported in the same currency. 27 economies have less than 1 000. This is problematic because gdp per capita is not a measure of personal income.

Dollars using the world bank atlas method divided by the midyear population. Top gainers in 2019. 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. This video shows top 10 richest countries in the world by gross national income gni per capita from 1960 to 2018.

Online tool for visualization and analysis. Gdp per capita of united states japan and israel have increased by more than 1 000 in 2019. Learn how the world bank group is helping countries with covid 19 coronavirus. The average income is calculated by gross national income and population.

Not just income which do not reflect differences in the cost of living in different countries. As of 2019 the estimated average gdp per capita ppp of all of the countries of the world is int 18 381. Gni per capita formerly gnp per capita is the gross national income converted to u s. While argentina and equatorial guinea has fallen below 10000 level in 2019.

These are the richest and poorest countries per capita in 2018. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. Average income around the world the worldwide highest income is earned in monaco. 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. Gni is the sum of value added by all resident producers plus any product taxes less subsidies not included in the valuation of output plus net receipts of primary income compensation of employees and property income from abroad.