Per Capita Income Map World
Gdp per capita is gross domestic product divided by midyear population.
Per capita income map world. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita i e the purchasing power parity ppp value of all final goods and services produced within a country in a given year divided by the average or mid year population for the same year. The shade of the country corresponds to the magnitude of the indicator. As of 2019 gdp per capita in luxembourg was 115 839 us dollars. Dollars converted from local currency using the world bank atlas method which is applied to smooth exchange rate fluctuations.
The world bank classifies economies for analytical purposes into four income groups. This data is based on self reported data that was gathered between 2006 and 2012. 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. 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 top 5 countries also includes switzerland ireland macau and norway. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. Cia world factbook unless otherwise noted information in. In this article we ll explore the median income around the world.
This list contains projected gdp per capita nominal and ppp of top 50 countries economies in current prices of year 2019 and 2020 by imf alongside their world rank compare to world s average gdp growth rate and gdp. Learn how the world bank group is helping countries with covid 19 coronavirus. Gdp per capita current us from the world bank. This entry shows gdp on a purchasing power parity basis divided by population as of 1 july for the same year.
Luxembourg is the top country by gdp per capita in the world. Low lower middle upper middle and high income. Explore world per capita income map world countries map satellite images of the world world cities maps political physical map of world get driving directions and traffic map. Gdp per capita ppp current international gdp per capita current lcu.
The average income is calculated by gross national income and population. For this purpose it uses gross national income gni per capita data in u s. According to 2013 data from gallup the median household income worldwide is 9 733. The map displayed here shows how gdp per capita ppp varies by country.
Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any. The darker the shade the higher the value. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar.