What is a good GDP per capita PPP?

What is GDP per capita based on PPP?…Gross domestic product per capita based on purchasing-power-parity in current prices.

United States
2017 60,106
2018 63,056
2019 65,254
2020 63,416

What country has the highest GDP per capita PPP?

GDP per capita, PPP – Country rankings The highest value was in Luxembourg: 110261.16 U.S. dollars and the lowest value was in Burundi: 731.06 U.S. dollars. The indicator is available from 1990 to 2020. Below is a chart for all countries where data are available.

What was the GDP capita in 2012?

Rank Value
1 . $141,100
2 . $102,700
3 . $84,700
4 . $69,900

What is Canada’s PPP?

In 2020, purchasing power parity for Canada was 1.2 LCU per international dollars.

Which country has the highest purchasing power in the year 1995?

By average values of GDP (PPP)

Year 1st 2nd
1995 United States 7,664.075 Japan 2,965.536
1990 United States 5,979.575 Soviet Union
1985 United States 4,346.750 Soviet Union
1980 United States 2,862.475 Soviet Union

Which is more accurate GDP nominal or PPP?

GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing a nation’s domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real …

What is the GDP per capita of the US 2021?

56200.00 USD
GDP per capita in the United States is expected to reach 56200.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations.

What is GDP per capita PPP current international $)?

World – GDP Per Capita, PPP (current International $) GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products.

What countries have the highest GDP per capita?


  • Singapore. The economy of small-but-mighty Singapore is driven in part by a business-friendly regulatory environment and a rapid period of industrialization in the 1960s.
  • Qatar.
  • Ireland.
  • Switzerland.
  • United Arab Emirates.
  • Norway.
  • United States.
  • Brunei.
  • Denmark.
  • How to calculate GDP per capita?

    GDP per capita can be said to be a measure of a nation’s economic output which shall account for its population that is the count of the person.

  • The formula divides the nation’s gross domestic product that is the GDP by its number of people,in short,the total population of the nation.
  • Further,if one is looking at just one point in time then Nominal GDP can be used and if one is comparing across timeline then Real GDP would make better
  • What state has the most GDP?

    California has the largest GDP of any state, at $3,120,386,000,000, accounting for about 14.7% of the country’s total GDP. Texas follows with $1,772,132,000,000, abot 8.4% of the country’s total GDP. Here are the 10 states with the highest GDP: California (3,120,386 million)

    What are the top ten countries in GDP?

    United States. The world’s most powerful economy is the United States,with a GDP of USD 21,374,418.88 million (i.e.,USD 21.4 trillion).

  • China. The second-largest economy in the world is China,with an official GDP of USD 14,342,902.84 million (i.e.,USD 14.3 trillion) in 2019.
  • Japan.
  • Germany.
  • India.
  • United Kingdom.
  • France.
  • Italy.
  • Brazil.
  • Canada.