Income Per Capita Ranking 2018

In ppp ranking margin between macao sar 2nd and luxembourg 3rd would be decline to int.

Income per capita ranking 2018. The average income is calculated by gross national income and population. Gdp per capita is often considered an indicator of a country s standard of living. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. 1 300 compare to int as per capita gdp of macao sar would deline in ppp figure too.

Burundi ranked 181st on the 2017 world bank gdp rankings. 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. No claims are made regarding the accuracy of gdp per capita ppp information contained here. All countries and economies.

Top 20 gdp per capita ranking 2017 2018 of the world richest countries. Gdp per capita ppp current international gdp per capita current lcu gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. Online tool for visualization and analysis. 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.

Average income around the world the worldwide highest income is earned in monaco. Being one of the world s richest countries with the best gdp per capita ranking is no joke this takes lots of time effort and so much to boost the nation s economy. 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. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd.

However this is problematic because gdp per capita is not a measure of personal income. 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. The country here listed below took a lot of time to grow their economy. Taiwan province of china would climb past iceland and saudi arabia.

Security high per capita income and advanced technological. The information regarding gdp per capita ppp on this page is re published from the cia world factbook 2018. Dollars using the world bank atlas method divided by the midyear population. These are the richest and poorest countries per capita in 2018.

Gni per capita formerly gnp per capita is the gross national income converted to u s.