How much per capita. In which countries GDP per capita is the same, but living standards are different? GNP per capita
- (per capita real GDP) Real GDP of the country per capita. It can be calculated on the basis of the total population, adults only, or based on the adult equivalent, using different weights when converting children into ... ... Economic Dictionary
This term has other meanings, see List of countries by GDP. World countries by GDP (PPP) per capita (IMF, 2008) ... Wikipedia
World countries by GDP (nominal) per capita (IMF, 2011) ... Wikipedia
List of countries by future level of GDP (purchasing power parity) per capita as projected by the International Monetary Fund. All figures are in international dollars. GDP (PPP) per capita, in international dollars Country ... Wikipedia
This term has other meanings, see List of countries by GDP. List of countries by future level of GDP (purchasing power parity) per capita as projected by the International Monetary Fund. All figures are in international ... ... Wikipedia
Per capita coffee consumption in the world List of countries by coffee consumption per capita in 2008 (latest available data) ... Wikipedia
The request "GDP" is redirected here. Cm. also other meanings. GDP per capita, converted at purchasing power parity in US dollars (as of 2008) * Maximum: Luxembourg 58,600 USD * Minimum: Timor Leste 400 ... Wikipedia
GDP (gross domestic product)- an indicator of the level of national income. Expresses the cumulative market value all final goods and services produced during the year in all sectors of the economy on the territory of the state for consumption, export and accumulation. Unlike the so-called ... ... Big topical political encyclopedia
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Books
- Russia is not Singapore. What kind of GDP do we need, Mukhin Yuri Ignatievich. In his new book, the famous publicist and writer Yuri Mukhin dwells on an amazing phenomenon in world politics and economy of the 20th century - "Singapore economic miracle" . He…
- Russia is not Singapore. What kind of GDP do we need, Mukhin Yuri Ignatievich. In his new book, the famous publicist and writer Yuri Mukhin dwells on an amazing phenomenon in world politics and economics of the 20th century - 171; Singapore economic miracle 187 ;. He…
Hello, dear readers of the Tyulyagin project! Today we will talk about such indicators as GDP per capita. We have already considered GDP indicator and compared countries by this criterion. In this article we will talk about what GDP per capita is, how it differs from. In this article I will give a complete list of the ranking of the countries of the world by GDP per capita. In addition, you can also familiarize yourself with the dynamics of GDP per capita in Russia for last years.
What is GDP per capita and what does it mean
GDP per capita is economic indicator, which reflects the value of all final products produced domestically for the year, divided by the average population for the year.
GDP per capita when comparing the indicator for countries of the world is usually considered in US dollars, however, when calculating their own GDP per capita, countries recalculate the indicator in national currency at the market rate of the dollar. The formula for calculating GDP per capita is very simple:
GDP per capita = GDP of the country / Population of the country
It is also important to say that GDP per capita is often compared with the indicator. However, this is not entirely true, since GDP per capita does not reflect the personal income of the population. However, GDP per capita is often measured as an average indicator of the quality of life of people in a country.
In addition to comparing the life of the population in different countries ah of the world, the indicator of GDP per capita in dynamics over several years allows us to track changes in welfare in the country. GDP per capita is also considered to be an indicator of the performance of an economy.
How GDP per capita differs from normal GDP
Types of GDP per capita
As with GDP, GDP per capita can be calculated in two ways. Hence, there are two types of GDP per capita:
- GDP (nominal) per capita
- GDP (PPP - purchasing power parity) per capita
The second type, based on PPP, is considered more accurate, since it reduces the difference between the exchange rates of different countries and assesses welfare more objectively. When assessing and comparing the welfare of the countries of the world, international institutions (for example, the IMF) often take into account the GDP per capita indicator at purchasing power parity.
Top 10 countries in the world by GDP per capita
To summarize the top 10 countries in the world by GDP per capita, I will give two ratings at once, one by nominal GDP, and the second by GDP by PPP. Data for 2019 is preliminary.
Top 10 countries world GDP(nominal) per capita 2019:
- Luxembourg - $ 113,196
- Switzerland - $ 83,717
- Macau - $ 81,152
- Norway - $ 77,975
- Ireland - $ 77,771
- Qatar - $ 69,688
- Iceland - $ 67,037
- USA - 65 112 $
- Singapore - $ 63,987
- Denmark - $ 59,795
Top 10 countries in the world GDP (PPP) per capita 2019:
- Qatar - $ 132,886
- Macau - $ 114,363
- Luxembourg - $ 108,951
- Singapore - $ 103,181
- Ireland - $ 83,399
- Brunei - $ 80,384
- Norway - $ 76,684
- UAE - 69 435 $
- Kuwait - $ 66,387
- Switzerland - $ 66,196
As you can see, the top 10 countries in terms of GDP per capita, regardless of the calculation method, practically coincide. The highest indicators of GDP per capita are observed in small countries with a high diversification and development of the economy, as well as a small population. The only exceptions, perhaps, are Qatar, Kuwait and the United Arab Emirates, whose economies are based on the oil and gas sector.
Complete list of world countries ranking by GDP per capita
Below I present to you a complete list of the ranking of the countries of the world by GDP per capita. The rating is presented for both nominal GDP per capita and purchasing power parity (PPP). The source for the rating is the official data of the IMF at the beginning of 2019, since there is no official data for 2019 for all countries yet, there are only preliminary ones.
№ | Country / Territory | GDP (nominal) per capita, $ | № | GDP (PPP) per capita, $ |
---|---|---|---|---|
1 | Luxembourg | 114234 | 3 | 106705 |
2 | Switzerland | 82950 | 10 | 64649 |
- | Macau | 82388 | 2 | 116808 |
3 | Norway | 81695 | 7 | 74356 |
4 | Ireland | 76099 | 6 | 78785 |
5 | Iceland | 74278 | 16 | 55917 |
6 | Qatar | 70780 | 1 | 130475 |
7 | Singapore | 64041 | 4 | 100345 |
8 | United States | 62606 | 12 | 62606 |
9 | Denmark | 60692 | 22 | 52121 |
10 | Australia | 56352 | 20 | 52373 |
11 | Sweden | 53873 | 18 | 52984 |
12 | Netherlands | 53106 | 14 | 56383 |
13 | Austria | 51509 | 21 | 52137 |
14 | Finland | 49845 | 27 | 46430 |
15 | San Marino | 48946 | 13 | 60313 |
- | Hong Kong | 48517 | 11 | 64216 |
16 | Germany | 48264 | 19 | 52559 |
17 | Belgium | 46724 | 25 | 48245 |
18 | Canada | 46261 | 24 | 49651 |
19 | France | 42878 | 28 | 45775 |
20 | Great Britain | 42558 | 29 | 45705 |
21 | Israel | 41644 | 38 | 37972 |
22 | New Zealand | 41267 | 34 | 40135 |
23 | UAE | 40711 | 8 | 69382 |
24 | Japan | 39306 | 31 | 44227 |
25 | Italy | 34260 | 37 | 39637 |
26 | Bahamas | 34003 | 44 | 33494 |
27 | Brunei | 32414 | 5 | 79530 |
- | Puerto Rico | 31939 | 36 | 39737 |
28 | Korea, South | 31346 | 32 | 41351 |
29 | Malta | 31058 | 30 | 45606 |
30 | Kuwait | 30839 | 9 | 67000 |
31 | Spain | 30697 | 33 | 40139 |
32 | Cyprus | 28340 | 35 | 39973 |
33 | Slovenia | 26243 | 40 | 36746 |
34 | Bahrain | 25851 | 23 | 50057 |
- | Taiwan | 24971 | 17 | 53023 |
35 | Saudi Arabia | 23566 | 15 | 55944 |
36 | Portugal | 23186 | 46 | 32006 |
37 | Estonia | 22990 | 43 | 34096 |
38 | Czech | 22850 | 39 | 37371 |
39 | Greece | 20408 | 54 | 29123 |
40 | Slovakia | 19582 | 41 | 35130 |
41 | Oman | 19302 | 26 | 46584 |
42 | Lithuania | 19143 | 42 | 34826 |
43 | Saint Kitts and Nevis | 18203 | 52 | 29820 |
44 | Latvia | 18032 | 51 | 29901 |
45 | Barbados | 17961 | 74 | 18534 |
46 | Antigua and Barbuda | 17636 | 55 | 27981 |
47 | Uruguay | 17165 | 63 | 23274 |
48 | Seychelles | 16472 | 50 | 30505 |
49 | Trinidad and Tobago | 16223 | 45 | 32254 |
50 | Palau | 16091 | 89 | 14952 |
51 | Chile | 16079 | 60 | 25978 |
52 | Hungary | 15924 | 48 | 31903 |
53 | Panama | 15679 | 61 | 25674 |
54 | Poland | 15431 | 47 | 31939 |
55 | Croatia | 14816 | 59 | 26221 |
56 | Maldives | 14501 | 66 | 21760 |
57 | Romania | 12285 | 58 | 26447 |
58 | Costa Rica | 11744 | 81 | 17559 |
59 | Argentina | 11627 | 68 | 20537 |
- | The whole world | 11355 | 83 | 16779 |
60 | Russia | 11327 | 53 | 29267 |
61 | Mauritius | 11281 | 62 | 23699 |
62 | Grenada | 11042 | 84 | 16167 |
63 | Malaysia | 10942 | 49 | 30860 |
64 | Saint Lucia | 10610 | 92 | 14355 |
65 | Equatorial Guinea | 10453 | 65 | 22710 |
66 | Mexico | 9807 | 67 | 20602 |
67 | China | 9608 | 77 | 18110 |
68 | Turkey | 9346 | 56 | 27956 |
69 | Bulgaria | 9267 | 64 | 23156 |
70 | Lebanon | 9257 | 91 | 14684 |
71 | Kazakhstan | 9237 | 57 | 27550 |
72 | Nauru | 9037 | 103 | 12326 |
73 | Brazil | 8968 | 85 | 16154 |
74 | Montenegro | 8652 | 73 | 19043 |
75 | Gabon | 8297 | 75 | 18496 |
76 | Botswana | 8137 | 79 | 17965 |
77 | Dominican Republic | 7881 | 76 | 18424 |
78 | Turkmenistan | 7646 | 71 | 19527 |
79 | Saint Vincent and the Grenadines | 7491 | 104 | 11956 |
80 | Serbia | 7243 | 82 | 17555 |
81 | Thailand | 7187 | 72 | 19476 |
82 | Peru | 7002 | 93 | 14224 |
83 | Dominica | 6977 | 113 | 9886 |
84 | Libya | 6692 | 108 | 11469 |
85 | Colombia | 6684 | 90 | 14943 |
86 | South Africa | 6377 | 94 | 13675 |
87 | Ecuador | 6316 | 105 | 11718 |
88 | Belarus | 6306 | 69 | 20003 |
89 | North Macedonia | 6100 | 86 | 15709 |
90 | Iraq | 5930 | 80 | 17659 |
91 | Paraguay | 5899 | 98 | 13395 |
92 | Suriname | 5799 | 88 | 15105 |
93 | Fiji | 5752 | 111 | 10234 |
94 | Namibia | 5727 | 109 | 11229 |
95 | Bosnia and Herzegovina | 5674 | 95 | 13491 |
96 | Iran | 5491 | 70 | 19557 |
97 | Jamaica | 5392 | 115 | 9447 |
98 | Albania | 5289 | 100 | 13345 |
99 | Belize | 4862 | 121 | 8501 |
100 | Tonga | 4666 | 135 | 6111 |
101 | Guyana | 4649 | 120 | 8519 |
102 | Guatemala | 4575 | 122 | 8436 |
103 | Azerbaijan | 4569 | 78 | 18076 |
- | Kosovo | 4403 | 106 | 11552 |
104 | Georgia | 4400 | 107 | 11485 |
105 | Samoa | 4318 | 137 | 5890 |
106 | Jordan | 4278 | 116 | 9433 |
107 | Eswatini | 4250 | 110 | 11020 |
108 | Algeria | 4238 | 87 | 15440 |
109 | Armenia | 4169 | 112 | 10176 |
110 | Tuvalu | 4096 | 147 | 4052 |
111 | Sri Lanka | 4068 | 97 | 13397 |
112 | Mongolia | 4026 | 96 | 13447 |
113 | Salvador | 3924 | 123 | 8041 |
114 | Indonesia | 3871 | 101 | 13230 |
115 | Marshall Islands | 3831 | 152 | 3697 |
116 | Bolivia | 3682 | 128 | 7477 |
117 | Angola | 3669 | 131 | 6814 |
118 | Micronesia | 3656 | 157 | 3482 |
119 | Cape Verde | 3563 | 129 | 7316 |
120 | Tunisia | 3423 | 102 | 12372 |
121 | Venezuela | 3374 | - | - |
122 | Morocco | 3359 | 119 | 8933 |
123 | Vanuatu | 3254 | 162 | 2862 |
124 | Moldova | 3218 | 130 | 7305 |
125 | Butane | 3215 | 114 | 9540 |
126 | Philippines | 3104 | 118 | 8936 |
127 | Ukraine | 2963 | 117 | 9283 |
128 | Laos | 2720 | 124 | 7925 |
129 | Egypt | 2573 | 99 | 13366 |
130 | Vietnam | 2551 | 127 | 7510 |
131 | Papua New Guinea | 2530 | 154 | 3662 |
132 | Honduras | 2521 | 141 | 5212 |
133 | Congo, Republic | 2511 | 132 | 6799 |
134 | East Timor | 2435 | 140 | 5242 |
135 | Solomon islands | 2271 | 173 | 2242 |
136 | Ghana | 2206 | 134 | 6452 |
137 | Nicaragua | 2108 | 138 | 5683 |
138 | Djibouti | 2085 | 151 | 3786 |
139 | Sao Tome and Principe | 2063 | 160 | 3324 |
140 | Nigeria | 2049 | 136 | 6027 |
141 | India | 2036 | 125 | 7874 |
142 | Kenya | 1857 | 153 | 3691 |
143 | Bangladesh | 1745 | 142 | 4620 |
144 | Zimbabwe | 1712 | 164 | 2788 |
145 | Ivory Coast | 1680 | 145 | 4178 |
146 | Kiribati | 1641 | 174 | 2086 |
147 | Pakistan | 1555 | 139 | 5680 |
148 | Cameroon | 1548 | 150 | 3828 |
149 | Cambodia | 1509 | 143 | 4335 |
150 | Senegal | 1474 | 155 | 3651 |
151 | Zambia | 1417 | 146 | 4104 |
152 | Lesotho | 1358 | 156 | 3494 |
153 | Myanmar | 1298 | 133 | 6511 |
154 | Kyrgyzstan | 1268 | 149 | 3844 |
155 | Uzbekistan | 1263 | 126 | 7665 |
156 | Mauritania | 1143 | 148 | 3990 |
157 | Tanzania | 1134 | 158 | 3444 |
158 | Eritrea | 1112 | 180 | 1657 |
159 | Nepal | 972 | 161 | 2905 |
160 | Mali | 927 | 168 | 2384 |
161 | Benin | 915 | 166 | 2426 |
162 | Guinea | 883 | 171 | 2310 |
163 | Chad | 874 | 167 | 2415 |
164 | Comoros | 873 | 181 | 1632 |
165 | Yemen | 872 | 169 | 2377 |
166 | Haiti | 857 | 178 | 1864 |
167 | Ethiopia | 853 | 170 | 2332 |
168 | Guinea-Bissau | 840 | 177 | 1937 |
169 | Tajikistan | 826 | 159 | 3416 |
170 | Sudan | 808 | 144 | 4232 |
171 | Rwanda | 791 | 172 | 2280 |
172 | Gambia | 745 | 163 | 2792 |
173 | Burkina Faso | 729 | 176 | 1996 |
174 | Liberia | 728 | 185 | 1418 |
175 | Uganda | 724 | 165 | 2498 |
176 | Go | 670 | 179 | 1746 |
177 | Afghanistan | 544 | 175 | 2017 |
178 | Sierra leone | 516 | 183 | 1620 |
179 | Niger | 477 | 187 | 1217 |
180 | Mozambique | 476 | 186 | 1291 |
181 | Madagascar | 459 | 182 | 1630 |
182 | Congo, DR | 449 | 189 | 767 |
183 | CAR | 430 | 191 | 712 |
184 | Malawi | 351 | 188 | 1199 |
185 | Burundi | 307 | 190 | 732 |
186 | South Sudan | 303 | 184 | 1502 |
Dynamics of GDP per capita in Russia in recent years
GDP per capita in Russia. Click on the picture to enlarge
As can be seen from the table below and the graph above, since 2000, GDP per capita in Russia has been growing. However, the crises of 2008 and 2014 made themselves felt. After the Ukraine crisis and the imposition of sanctions by Western countries, GDP per capita in Russia did not recover to its peak values in 2013, when GDP per capita in nominal terms reached $ 16,000. In 2019, according to forecasts in nominal terms, GDP per capita will decline compared to 2018 and will amount to $ 11,191. The low GDP per capita in Russia is largely due to low prices for the main export of the country - energy carriers. Despite the fact that in recent years the share of oil and gas exports in GDP has been declining, it still takes the lion's share. If we take the indicator of GDP per capita in purchasing power parity, then it amounted to $ 29,267 in 2018, and in 2019 it should exceed $ 30,000, according to experts' forecasts.
Year | GDP per capita, $ |
---|---|
1991 | 3485,06 |
1992 | 3095,66 |
1993 | 2929,46 |
1994 | 2663,39 |
1995 | 2665,78 |
1996 | 2643,93 |
1997 | 2737,57 |
1998 | 1834,86 |
1999 | 1330,76 |
2000 | 1771,60 |
2001 | 2100,36 |
2002 | 2377,54 |
2003 | 2975,13 |
2004 | 4102,37 |
2005 | 5323,47 |
2006 | 6920,19 |
2007 | 9101,26 |
2008 | 11635,27 |
2009 | 8562,81 |
2010 | 10675,00 |
2011 | 14351,21 |
2012 | 15434,57 |
2013 | 16007,09 |
2014 | 14100,73 |
2015 | 9313,79 |
2016 | 8745,38 |
2017 | 10750,59 |
2018 | 11288,87 |
2019* | 11191,3 |
And that's all about GDP per capita in the countries of the world today. Bookmark the article and site. See you soon on the pages of the Tyulyagin project and all the best to you!
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GDP per capita is a parameter that means domestic gross product, produced and generated by the entire state as a whole, divided by the total number of inhabitants of this state. In most cases, this parameter, together with others, is used by the International Monetary Fund to assess the welfare of a country, that is, to determine the degree of its wealth or poverty in comparison with others. The considered parameter allows one to give an estimate without taking into account the size of the territory, seasonal and conjunctive fluctuations of the economy.
According to the IMF, Russia in the general list of countries in the world by GDP per capita in 2018 took 73rd position, which is one step higher than in previous year... At the same time, the increase per person for this indicator increased by 600 US dollars and amounted to 9264.27. Lagging behind the leaders developed countries remains very significant.
Among the advanced countries, there are three most significant leaders:
- Luxembourg(the value is 110864.07, the population is 602,005 people). The increase per person for the year amounted to USD 2864.
- Switzerland(the value is 80113.9, the population is 8 419 600 people). The increase per person for the year was $ 767.
- Norway(the value is 73775.53, the population is 5,295,619 people). The increase per person for the year was $ 1,729.
Table. Countries by GDP per capita 2018:
Position | State | GDP per capita, in dollars |
---|---|---|
1 | Luxembourg | 110864.07 |
2 | Switzerland | 80113.9 |
3 | Norway | 73775.53 |
4 | Qatar | 72961.01 |
5 | Iceland | 63787.96 |
6 | USA | 61053.67 |
7 | Macau | 60470.56 |
8 | Ireland | 59335.56 |
9 | Denmark | 57070.3 |
10 | Singapore | 55253.36 |
11 | San Marino | 52867.85 |
12 | Sweden | 52825.19 |
13 | Australia | 52643.48 |
14 | Netherlands | 48066.64 |
15 | Austria | 47536.33 |
16 | Hong Kong | 47327.64 |
17 | Great Britain | 45111.11 |
18 | Finland | 45013.97 |
19 | Germany | 44408.42 |
20 | Canada | 43306.2 |
21 | Belgium | 42457.93 |
22 | France | 40039.74 |
23 | New Zealand | 39230.42 |
24 | Israel | 37276.07 |
25 | United Arab Emirates | 37068.45 |
26 | Japan | 36317.74 |
27 | Italy | 31570.04 |
28 | Kuwait | 29411.7 |
29 | Spain | 28841.1 |
30 | Puerto Rico | 28714.51 |
31 | South Korea | 27999.24 |
32 | Malta | 26718.36 |
33 | Brunei | 26428.59 |
34 | Bahamas | 25171.98 |
35 | Bahrain | 24439.82 |
36 | Cyprus | 24166.2 |
37 | Taiwan | 22875.1 |
38 | Slovenia | 22770.26 |
39 | Saudi Arabia | 21005.81 |
40 | Portugal | 20889.18 |
41 | Estonia | 20597.32 |
42 | Greece | 19799.11 |
43 | Trinidad and Tobago | 19670.05 |
44 | Palau | 18708.86 |
45 | Czech | 18365.64 |
46 | Slovakia | 18323.72 |
47 | Saint Kitts and Nevis | 17873.4 |
48 | Barbados | 17257.31 |
49 | Lithuania | 17054.77 |
50 | Seychelles | 16820.96 |
51 | Uruguay | 16693.23 |
52 | Latvia | 16194.16 |
53 | Antigua and Barbuda | 15841.04 |
54 | Panama | 15489.76 |
55 | Oman | 14198.9 |
56 | Poland | 13816.03 |
57 | Chile | 13715.34 |
58 | Costa Rica | 12948.22 |
59 | Croatia | 12942.76 |
60 | Hungary | 12833.38 |
61 | Lebanon | 11996.69 |
62 | Malaysia | 11772.2 |
63 | Argentina | 10623.41 |
64 | Mauritius | 10581.63 |
65 | Romania | 10428.76 |
66 | Turkey | 10402.61 |
67 | Maldives | 10274.49 |
68 | Grenada | 10218.56 |
69 | Equatorial Guinea | 9891.9 |
70 | China | 9559.92 |
71 | Mexico | 9321.69 |
72 | Suriname | 9285.98 |
73 | Russia | 9264.27 |
74 | Gabon | 8775.2 |
75 | Saint Lucia | 8661.52 |
76 | Libya | 8169.44 |
77 | Kazakhstan | 8111.85 |
78 | Dominica | 8090.46 |
79 | Saint Vincent and the Grenadines | 7786.08 |
80 | Dominican Republic | 7707.7 |
81 | Brazil | 7690.46 |
82 | Bulgaria | 7594.89 |
83 | Montenegro | 7292.77 |
84 | Turkmenistan | 7087.74 |
85 | Botswana | 6610.15 |
86 | Thailand | 6400.8 |
87 | Colombia | 6349.01 |
88 | Jordan | 6185.63 |
89 | Fiji | 6072.73 |
90 | Peru | 6030.09 |
91 | Serbia | 5796.38 |
92 | Namibia | 5704.68 |
93 | Belarus | 5610.17 |
94 | Macedonia | 5600.88 |
95 | Ecuador | 5359.21 |
96 | Iran | 5342.97 |
97 | Jamaica | 5325.4 |
98 | Belize | 5114.81 |
99 | South africa | 4930.57 |
100 | Albania | 4816.54 |
101 | Guyana | 4741.47 |
102 | Bosnia and Herzegovina | 4714.51 |
103 | Iraq | 4670.55 |
104 | Samoa | 4643.76 |
105 | Salvador | 4614.08 |
106 | Sri Lanka | 4607.09 |
107 | Georgia | 4581 |
108 | Guatemala | 4371.98 |
109 | Tonga | 4315.49 |
110 | Algeria | 4270.98 |
111 | Mongolia | 4182.09 |
112 | Indonesia | 4178.86 |
113 | Paraguay | 4011.68 |
114 | Armenia | 3915.56 |
115 | Azerbaijan | 3865.34 |
116 | Butane | 3850.46 |
117 | Tunisia | 3833.88 |
118 | Philippines | 3542.39 |
119 | Nigeria | 3521.73 |
120 | Morocco | 3511.01 |
121 | Marshall Islands | 3394.65 |
122 | Venezuela | 3364.55 |
123 | Bolivia | 3362.35 |
124 | Cape Verde | 3361.21 |
125 | Angola | 3338.05 |
126 | Micronesia | 3288.3 |
127 | Vanuatu | 3192.29 |
128 | Tuvalu | 3177.16 |
129 | Swaziland | 2620.15 |
130 | Vietnam | 2502.55 |
131 | Sudan | 2462.36 |
132 | Ukraine | 2432.73 |
133 | Honduras | 2398.33 |
134 | Nicaragua | 2251.79 |
135 | Djibouti | 2225.43 |
136 | Papua New Guinea | 2157.57 |
137 | Republic of the Congo | 2153.76 |
138 | Solomon islands | 2113.17 |
139 | East Timor | 2103.65 |
140 | Laos | 2054.35 |
141 | India | 2026.74 |
142 | Uzbekistan | 2019.29 |
143 | Moldova | 1889.95 |
144 | Sao Tome and Principe | 1821.35 |
145 | Myanmar | 1708.22 |
146 | Ivory Coast | 1652.02 |
147 | Yemen | 1636.07 |
148 | Bangladesh | 1634.49 |
149 | Kenya | 1559.47 |
150 | Ghana | 1512.73 |
151 | Kiribati | 1408.56 |
152 | Cameroon | 1408.05 |
153 | Cambodia | 1404.98 |
154 | Zimbabwe | 1173.41 |
155 | Zambia | 1173.35 |
156 | Mauritania | 1158.38 |
157 | Kyrgyzstan | 1127.6 |
158 | Senegal | 1062.67 |
159 | Tanzania | 1062.47 |
160 | Lesotho | 1028.19 |
161 | Chad | 966.77 |
162 | Eritrea | 925.41 |
163 | Nepal | 920.57 |
164 | Benin | 905.01 |
165 | Mali | 891.17 |
166 | Ethiopia | 857.37 |
167 | Rwanda | 808.46 |
168 | Comoros | 787.77 |
169 | Burkina Faso | 717.37 |
170 | Republic of Haiti | 707.66 |
171 | Uganda | 684.6 |
172 | Guinea-Bissau | 684.47 |
173 | Sierra leone | 660.87 |
174 | Togo | 647.08 |
175 | Tajikistan | 634.33 |
176 | Guinea | 556.68 |
177 | Afghanistan | 539.97 |
178 | Liberia | 536.24 |
179 | Democratic Republic of the Congo | 521.78 |
180 | Niger | 463.83 |
181 | Central African Republic | 462.24 |
182 | Mozambique | 460.13 |
183 | South Sudan | 436.05 |
184 | Gambia | 415.68 |
185 | Madagascar | 403.68 |
186 | Burundi | 318.13 |
187 | Malawi | 306.48 |
GDP or Gross Domestic Product is the value of goods and services produced by a country. As a rule, GDP is calculated for a year and presented in national currency, or in US dollars, for conducting comparative analysis... When calculating the GDP indicator, all sectors of the economy are involved.
There are three types of GDP:
- Nominal GDP - expresses a formal nature, calculated from current prices excluding inflation.
- Real GDP - the calculation takes into account the inflation of the current year.
- GDP in purchasing power parity per capita is the value of goods and services produced by the inhabitants of a country, expressed in US dollars / total number of inhabitants.
GDP is an economically significant value; it can be called a reflection of the life of the country's inhabitants. When the GDP grows, life improves, and when it decreases, accordingly, it worsens. GDP is an indicator of the success of the economy, its decline is a decrease in the well-being of citizens, who are the basis of the state.
It is worth saying that for the first time the world heard about the indicator of gross domestic product in 1934 in the United States, it was proposed by Simon Kuznets. Until that moment, there was no publicly available information about the country's economic activity and its results.
Simon Kuznets made a presentation to Congress and presented his estimate of the national income. In 1971, he was awarded the Nobel Prize for his work.
GDP is calculated by statistical institutes, which transmit this information to the source - The World Bank World Development Indicators. Statistics are updated annually and presented publicly in November-December of each year.
GDP of Russia
At the same time, the GDP per capita indicator, calculated at purchasing power parity, in 2017 places Russia in 55th place. Based on these data, the average Russian spent 4.5 thousand dollars in 2017.
For a comparative analysis, it is worth considering the GDP growth rates in Russia over the past 10 years:
Year | % |
---|---|
2007 | 8,5 |
2008 | 5,2 |
2009 | -7,8 |
2010 | 4,3 |
2011 | 4,3 |
2012 | 3,4 |
2013 | 1,3 |
2014 | 0,7 |
2015 | -3,7 |
2016 | -0,8 |
2017 | 1,5 |
According to experts, the main reason for the slowdown in the growth of the Russian economy is the lack of reforms. The country's economic policy is kept afloat, sometimes it even shows improvements, but for a real change for the better, there are not enough appropriate measures and actions.
Latest data
State Russian economy not catastrophic. Of course, there are a lot of internal problems, as well as external US sanctions, which in one way or another contribute to the country's economy, but even so external debt the country after deducting liquid assets is very small, 10% of GDP.
This official information, which speaks and reflects rather the political side of the economy. Speaking about the country's GDP, one cannot but touch upon the topic of population poverty. For the fourth year in a row, the incomes of Russians have been declining (on average by 3-5% annually). At the end of 2017, the poverty level in Russia is 13.8%.
Thus, the economic condition and GDP of Russia does not always reflect real life its population. After all, people are more interested in their own capabilities, and not in the figures of a mythical GDP for them.
GDP in the world
Specialists economic statistics analyzed the change in GDP in the world for the period from 1970 to 2016:
- World GDP increased from 3398.7 to 75212.7, by 718.17 billion US dollars (22 times). This increase was facilitated by the growth of the world's population.
- GDP per capita increased from USD 921 to USD 10167. Average annual income growth of the population amounted to 201 US dollars.
Also, calculations and analysis of projected economic changes in the world are carried out. From the forecasts for 2050, there are such scenarios for the development of events:
- India will overtake the United States and occupy the second place in terms of market volume, while Indonesia, ahead of Japan and Germany, will take the fourth place.
- The fastest pace of economic development until 2050 is assigned to Vietnam, which is predicted to be 20th in the world GDP ranking.
- Until 2042, the volume of the world economy may double.
The process of redistribution of the world today continues, GDP rating updated, there is an upward trend in economic growth in developing countries in Asia and other regions, which are gradually crowding out mature developed markets.
As the saying that characterizes the mentality of the Slavic peoples says - "It's good where we are not." Interest, the desire to live better, the desire for comfort and stability awakens human interest in other countries. Building international rankings, disputes about the economy and dry numbers will rarely interest a person if they do not have a down-to-earth character that is close to understanding.
Therefore, speaking about the economy, one should talk about the consequences for the inhabitants of the country from doing this or that economic policy... China's economy is comparable to that of the United States today, and has every chance of surpassing it soon. However, everyone understands that the standard of living of the average Chinese family is very different from the standard of living of the same family from the United States.
Table of GDP of the countries of the world according to the IMF calculations:
№ | The country | 2016 | 2017 |
---|---|---|---|
19 | Australia | 1197 | 1246 |
45 | Austria | 420 | 440 |
73 | Azerbaijan | 169 | 172 |
122 | Albania | 34,0 | 36,0 |
36 | Algeria | 610 | 633 |
66 | Angola | 186 | 190 |
175 | Antigua and Barbuda | 2,29 | 2,39 |
27 | Argentina | 879 | 920 |
133 | Armenia | 25,8 | 28,3 |
98 | Afghanistan | 66,7 | 69,6 |
152 | Bahamas | 11,2 | 11,6 |
32 | Bangladesh | 630 | 687 |
166 | Barbados | 5,11 | 5,24 |
97 | Bahrain | 67,1 | 70,4 |
171 | Belize | 3,13 | 3,21 |
71 | Belarus | 172 | 179 |
37 | Belgium | 510 | 528 |
138 | Benin | 23,6 | 25,3 |
76 | Bulgaria | 145 | 153 |
92 | Bolivia | 78,8 | 83,6 |
109 | Bosnia and Herzegovina | 42,7 | 44,6 |
117 | Botswana | 37,4 | 38,9 |
8 | Brazil | 3152 | 3240 |
125 | Brunei | 32,8 | 33,5 |
123 | Burkina Faso | 33,0 | 35,8 |
159 | Burundi | 7,85 | 7,99 |
160 | Butane | 6,52 | 7,03 |
184 | Vanuatu | 0,73 | 0,77 |
9 | Great Britain | 2812 | 2914 |
59 | Hungary | 273 | 289 |
47 | Venezuela | 435 | 381 |
163 | East Timor | 7,26 | 6,75 |
35 | Vietnam | 595 | 647 |
120 | Gabon | 35,8 | 36,7 |
144 | Haiti | 19,4 | 19,9 |
164 | Guyana | 6,05 | 6,29 |
169 | Gambia | 3,42 | 3,60 |
79 | Ghana | 121 | 134 |
77 | Guatemala | 132 | 138 |
172 | Guinea-Bissau | 2,92 | 3,14 |
136 | Guinea | 24,4 | 26,5 |
5 | Germany | 3997 | 4171 |
108 | Honduras | 43,3 | 46,2 |
43 | Hong Kong (PRC) | 430 | 455 |
177 | Grenada | 1,52 | 1,61 |
56 | Greece | 289 | 299 |
116 | Georgia | 37,2 | 39,7 |
60 | Denmark | 276 | 287 |
168 | Djibouti | 3,34 | 3,63 |
183 | Dominica | 0,81 | 0,79 |
72 | Dominican Republic | 162 | 172 |
100 | DRC | 65,0 | 68,5 |
21 | Egypt | 1132 | 1201 |
99 | Zambia | 65,3 | 68,9 |
124 | Zimbabwe | 32,4 | 34,0 |
54 | Israel | 301 | 316 |
3 | India | 8705 | 9459 |
7 | Indonesia | 3032 | 3243 |
87 | Jordan | 85,6 | 89,1 |
34 | Iraq | 652 | 659 |
18 | Iran | 1549 | 1645 |
149 | Iceland | 16,7 | 17,6 |
15 | Spain | 1691 | 1774 |
12 | Italy | 2237 | 2311 |
118 | Yemen | 44,0 | 38,6 |
167 | Cape Verde | 3,53 | 3,74 |
42 | Kazakhstan | 451 | 478 |
103 | Cambodia | 59,0 | 64,3 |
88 | Cameroon | 84,6 | 88,9 |
17 | Canada | 1687 | 1769 |
52 | Qatar | 328 | 341 |
74 | Kenya | 153 | 163 |
126 | Cyprus | 29,9 | 31,6 |
140 | Kyrgyzstan | 21,6 | 23,0 |
189 | Kiribati | 0,22 | 0,23 |
22 | Taiwan | 1133 | 1185 |
1 | PRC | 21290 | 23159 |
31 | Colombia | 689 | 714 |
180 | Comoros | 1,26 | 1,31 |
91 | Costa Rica | 79,8 | 83,9 |
85 | Ivory Coast | 88,3 | 96,9 |
58 | Kuwait | 294 | 291 |
107 | Laos | 45,2 | 49,2 |
106 | Latvia | 50,7 | 53,9 |
161 | Lesotho | 6,63 | 6,96 |
165 | Liberia | 5,85 | 6,10 |
90 | Lebanon | 85,1 | 87,7 |
102 | Libya | 37,0 | 64,4 |
86 | Lithuania | 86,3 | 91,2 |
104 | Luxembourg | 59,5 | 62,7 |
134 | Mauritius | 26,0 | 27,5 |
150 | Mauritania | 16,4 | 17,3 |
114 | Madagascar | 37,5 | 39,7 |
95 | Macau | 64,5 | 71,8 |
127 | Macedonia | 30,4 | 31,0 |
141 | Malawi | 21,1 | 22,4 |
26 | Malaysia | 863 | 931 |
113 | Mali | 38,2 | 41,0 |
162 | Maldives | 6,45 | 6,89 |
146 | Malta | 17,8 | 19,3 |
57 | Morocco | 281 | 299 |
190 | Marshall Islands | 0,18 | 0,19 |
11 | Mexico | 2367 | 2458 |
187 | Micronesia | 0,33 | 0,35 |
119 | Mozambique | 35,1 | 36,7 |
143 | Moldavia | 19,0 | 20,1 |
115 | Mongolia | 37,1 | 39,7 |
53 | Myanmar | 303 | 329 |
135 | Namibia | 26,3 | 26,5 |
191 | Nauru | 0,15 | 0,16 |
93 | Nepal | 71,8 | 78,6 |
142 | Niger | 20,4 | 21,8 |
24 | Nigeria | 1090 | 1119 |
28 | Netherlands | 873 | 916 |
121 | Nicaragua | 34,1 | 36,4 |
67 | New Zealand | 180 | 189 |
48 | Norway | 367 | 380 |
33 | UAE | 671 | 687 |
69 | Oman | 184 | 187 |
25 | Pakistan | 986 | 1057 |
188 | Palau | 0,29 | 0,29 |
82 | Panama | 96,9 | 104 |
129 | Papua New Guinea | 29,7 | 28,9 |
101 | Paraguay | 64,3 | 68,3 |
46 | Peru | 407 | 424 |
23 | Poland | 1053 | 1121 |
55 | Portugal | 300 | 313 |
80 | Puerto Rico | 129 | 121 |
130 | Republic of the Congo | 29,0 | 28,6 |
14 | The Republic of Korea | 1934 | 2029 |
145 | Republic of Kosovo | 18,5 | 19,6 |
6 | Russia | 3877 | 4008 |
139 | Rwanda | 22,8 | 24,6 |
41 | Romania | 442 | 481 |
105 | Salvador | 54,7 | 57,0 |
182 | Samoa | 1,09 | 1,13 |
176 | San Marino | 1,99 | 2,05 |
185 | Sao Tome and Principe | 0,64 | 0,68 |
16 | Saudi Arabia | 1755 | 1774 |
154 | Swaziland | 11,1 | 11,3 |
173 | Seychelles | 2,56 | 2,72 |
110 | Senegal | 39,6 | 43,2 |
181 | Saint Vincent and the Grenadines | 1,23 | 1,27 |
178 | Saint Kitts and Nevis | 1,46 | 1,53 |
174 | Saint Lucia | 2,42 | 2,54 |
81 | Serbia | 102 | 105 |
38 | Singapore | 500 | 527 |
70 | Slovakia | 170 | 179 |
96 | Slovenia | 66,5 | 71,1 |
179 | Solomon islands | 1,26 | 1,32 |
148 | Somalia | 18,0 | 18,7 |
68 | Sudan | 178 | 187 |
158 | Suriname | 8,36 | 8,51 |
2 | USA | 18624 | 19391 |
153 | Sierra leone | 10,9 | 11,5 |
132 | Tajikistan | 26,0 | 28,4 |
20 | Thailand | 1166 | 1234 |
75 | Tanzania | 150 | 162 |
151 | Togo | 12,2 | 12,9 |
186 | Tonga | 0,56 | 0,59 |
111 | Trinidad and Tobago | 43,4 | 43,0 |
192 | Tuvalu | 0,04 | 0,04 |
78 | Tunisia | 131 | 135 |
83 | Turkmenistan | 95,5 | 103 |
13 | Turkey | 1994 | 2173 |
89 | Uganda | 83,4 | 88,7 |
63 | Uzbekistan | 208 | 223 |
50 | Ukraine | 353 | 369 |
94 | Uruguay | 74,5 | 78,1 |
157 | Fiji | 8,19 | 8,65 |
29 | Philippines | 806 | 876 |
62 | Finland | 233 | 244 |
51 | Ireland | 325 | 357 |
10 | France | 2735 | 2836 |
84 | Croatia | 96,9 | 101 |
170 | CAR | 3,19 | 3,37 |
131 | Chad | 30,6 | 29,0 |
155 | Montenegro | 10,4 | 11,0 |
49 | Czech | 354 | 376 |
44 | Chile | 437 | 451 |
40 | Switzerland | 503 | 517 |
39 | Sweden | 500 | 521 |
61 | Sri Lanka | 262 | 275 |
65 | Ecuador | 184 | 193 |
128 | Equatorial Guinea | 31,2 | 30,4 |
156 | Eritrea | 8,78 | 9,38 |
112 | Estonia | 38,9 | 41,6 |
64 | Ethiopia | 177 | 200 |
30 | South Africa | 742 | 766 |
147 | South Sudan | 20,7 | 18,7 |
137 | Jamaica | 25,4 | 26,1 |
4 | Japan | 5243 | 5429 |
Attractive economies are observed in the following countries:
- San Marino is a dwarf state, the oldest sovereign state, founded in 301 BC. Considering the economic attractiveness of San Marino, it is worth noting that it is one of the richest countries in terms of GDP per capita ($ 44,480). The unemployment rate is one of the lowest in Europe. This situation was facilitated by the development of the financial sector and tourism in the country. However, over the past few years, San Marino's high ratings have faltered somewhat as a result of Europe's fight against money laundering. For a long time, San Marino was a tax haven, and funds from Italian taxpayers were actively attracted here. After a tax amnesty in Italy (2009), San Marino banks lost a third of their assets.
- Canada is known for its stable middle class. According to experts, the middle class of Canada in the coming years will be at a level higher than the middle class in the United States. Rising prices for commodities as well as the emerging financial industry in Canada make it economically developing country, Canada is gaining pace of development every year.
- Switzerland is a unique country in terms of economic standards, since Switzerland cannot single out a specific prosperous industry of the country. She is successfully involved in the technological, financial and industrial fields. Switzerland's political neutrality creates ideal conditions for the location of the headquarters of both multinational companies and non-profit organizations.
- United States - GDP per capita is $ 53,101, one of maximum performance... At the same time, the problem in the country is the large difference in income between segments of the population. The difference is too clear between rich and poor families. At the same time, the US middle class in terms of living standards exceeds most countries in the world.
- Singapore is an island state and the most important port in the world. Singapore is a commercial hub for transportation in Asia, the Asian capital financial world... Practically the center of currency trading, Singapore has increased its average daily currency trading volume by 50% over the past three years. Also Singapore is famous for its transparent and business-friendly tax policy and high level security. It is for these reasons that he is one of the three leaders in receiving the richest people in the world.
There are a lot of prosperous, stable countries, with a favorable economy for the population, and this is far from an exhaustive list, everyone notes something important for themselves and gives their preference to the economy of this or that country.
As opposed to successful and economically developed countries, there have always been countries with weak economies. Geographically, everything poorest countries, they are also the worst according to the GDP rating, concentrated around the equator and tropical latitudes. This is due to the fact that it is in this territory that the highest population density is.
- Afghanistan - GDP per capita - USD 687. The history of Afghanistan is known to us firsthand. The civil war in the country began in the 80s. The population of the state is involved either in hostilities or in the cultivation of drugs, which are the backbone of the Afghan economy.
- Liberia - GDP per capita - USD 500. The state was founded in the 19th century by slaves released from the United States. Liberia bears little resemblance to the classic example of the state, the basis of the population (95%) is made up of aborigines, tribes who are exclusively engaged in sorting out relations with each other.
- Burgundy - GDP per capita - USD 389. The country is dominated by Agriculture, there are no other occupations for the population, although it does not give people any income and prospects.
- Niger - GDP per capita - USD 381. Over the past 25 years, several military coups have taken place in the country, which entailed a non-stop redistribution of power, without a result or end. Hopeless poverty characterizes this country in the best possible way.
- Democratic Republic of the Congo - GDP per capita - USD 216. The result of the civil war that began in the 90s, which lasted with short interruptions and outbreaks for about 8 years. Over the years, the already shaky economy of the Congo has been completely destroyed.