Income Per Capita Eu

The gdp per capita in european union when adjusted by purchasing power parity is equivalent to 250 percent of the world s average.

Income per capita eu. These are the ten countries of europe with richest population living among them. In other words it is the real amount of money a person has available for spending for goods and services including basic needs such as food and rent. All of these nations have a staggering economy and its citizens enjoy a very high standard of living. Of rank ppp nom.

High income in purple 12 536 or more as defined by the world bank upper middle income in orange 4 045 and 12 536 and lower middle income 1 036 and 4 045 in red. Disposable income is defined as income from employment business property or social security minus taxes and social security contributions paid per year. Gdp per capita ppp country economy gdp per capita int. The gdp per capita in european union is equivalent to 294 percent of the world s average.

The gross domestic product per capita in european union was last recorded at 44369 60 us dollars in 2019 when adjusted by purchasing power parity ppp. For example this is the case in spain 590 euros per capita and year portugal 500 euros or greece 400 euros. According to 2013 data from gallup the median household income worldwide is 9 733. The imf column includes data for the year 2019 for members of the international monetary fund.

2018 2019 change europe world europe world. The world bank column includes data for the year 2016 from the world bank. Real gdp per capita the indicator is calculated as the ratio of real gdp to the average population of a specific year. Gdp per capita in european union averaged 23752 99 usd from 1960 until 2019 reaching an all time high of 37104 usd in 2019 and a record low of 10071 50 usd in 1960.

Data across columns are not comparable as they may refer to different years. In this article we ll explore the median income around the world. This is a map of european countries by gni gross national income nominal per capita for year 2019. This data is based on self reported data that was gathered between 2006 and 2012.

For the current 2021 fiscal year low income economies are defined as those with a gni per capita. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar. List of sovereign states in europe by gdp nominal per capita 2019. Gdp per capita ppp in european union averaged 36286 74 usd from 1990 until 2019 reaching an all time high of.

The per capita income of 110 697 makes luxembourg the richest nation in all over europe in terms of per capita income.