What is the world per capita income?
As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381.
Which country has highest per capita income 2020?
GDP per Capita
| # | Country | vs. World PPP GDP per capita ($17,100) |
|---|---|---|
| 1 | Qatar | 752% |
| 2 | Macao | 675% |
| 3 | Luxembourg | 629% |
| 4 | Singapore | 550% |
How do you visualize GDP per capita?
GDP per capita is shown on the vertical axis as the bar height for each country. Each economy’s size in terms of its share of world total real GDP is thus represented by the area of its rectangle, which is the product of GDP per capita and population.
What is GDP per capita World Bank?
GDP per capita is gross domestic product divided by midyear population. GDP at purchaser’s prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
Which country has highest income?
10 Countries With the Highest Incomes
- United States.
- Luxembourg.
- Switzerland.
- Germany.
- Australia.
- Norway.
- Austria.
- Belgium.
What country has the lowest GDP per capita?
Burundi
The 20 countries with the lowest gross domestic product (GDP) per capita in 2020. In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.
Is GDP a per capita income?
GDP per capita stands for Gross Domestic Product (GDP) per capita (per person). However, GDP per capita is not a measure of personal income and using it for cross-country comparisons also has some known weaknesses. In particular, GDP per capita does not take into account income distribution in a country.
How is GDP per capita measured in the world?
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.
Which is the highest per capita country in the world?
A list of the top 15 GDP-per-capita countries from 2016 to 2017, contains most of the major global tax havens (see GDP-per-capita tax haven proxy for more detail): ^ There have been no exclusive estimate for world average by IMF.
Is there an interactive map of median household income?
But there is perhaps nothing more telling or interesting to explore than the “granddaddy” of all economic maps: an interactive visualization of median household income. That’s why today’s fantastic interactive map from Overflow Data is such a treat.
What was the median income of the world in 2003?
In 2003 half of the world population lived on less than 1,090 international-$ per year and the other half lived on more than 1,090 international-$. This level of global median income has almost doubled over the last decade and was 2,010 international-$ in 2013.