Gdp per capita ppp

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This is an alphabetical list of countries by past and projected Gross Domestic Product per capita , based on the Purchasing Power Parity PPP methodology, not on official exchange rates. Values are given in International Dollars. Contents move to sidebar hide. Article Talk. Read View source View history.

Gdp per capita ppp

A country's gross domestic product GDP at purchasing power parity PPP per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average or mid-year population for the same year. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution. Comparisons of national wealth are frequently made on the basis of nominal GDP and savings not just income , which do not reflect differences in the cost of living in different countries see List of countries by GDP nominal per capita ; hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between economies because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates , which may distort the real differences in income. This is why GDP PPP per capita is often considered one of the indicators of a country's standard of living, [3] [4] although this can be problematic because GDP per capita is not a measure of personal income. See Standard of living and GDP. All figures are in current international dollars , and rounded to the nearest whole number. The table initially ranks each country or territory with their latest available year's estimates, and can be reranked by any of the sources. The share of the shadow economy is significant in many European countries, ranging from less than 10 to over 40 percent of GDP. There are many natural economic reasons for GDP-per-capita to vary between jurisdictions e. However, it is increasingly being recognized that tax havens , or corporate tax havens , have distorted economic data which produces artificially high, or inflated, GDP-per-capita figures. These investments in empty corporate shells almost always pass through well-known tax havens. The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world's investment in special purpose entities, which are often set up for tax reasons. In , Ireland's economic data became so distorted by U.

Retrieved 24 February Spain Factory Activity Returns to Expansion.

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The data given on this page are based on the international dollar , a standardized unit used by economists. Certain regions that are not widely considered countries such as Hong Kong also show up in the list if they are distinct jurisdiction areas or economic entities. GDP comparisons using PPP are arguably more useful than those using nominal GDP when assessing the domestic market of a state 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 differences in per capita income. The first set of data on the left columns of the table includes estimates for the year made for each economy of the economies U. The data is in millions of international dollars and was calculated and published by the IMF in October The second table includes data, mostly for the year , for of the current United Nations member states as well as Hong Kong and Macau the two Chinese Special Administrative Regions. Data are in millions of international dollars; they were compiled by the World Bank. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to Non-sovereign entities the world, continents, and some dependent territories and states with limited recognition such as Kosovo , Palestine and Taiwan are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison.

Gdp per capita ppp

Additional Information. Skip to main content. In , Luxembourg had the largest gross domestic product GDP per capita at purchasing power parity. Ireland and Singapore followed in the places behind. Loading statistic Show source.

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No data. Not to be confused with List of countries by GDP nominal per capita. The statistical distortions created by the impact on the Irish National Accounts of the global assets and activities of a handful of large multinational corporations have now become so large as to make a mockery of conventional uses of Irish GDP. Financier Worldwide Magazine. GDP from Construction. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country. We Are Hiring. Gross Fixed Capital Formation. Federated States of Micronesia. World Bank [22] [23]. PPP per capita Nominal per capita. United Arab Emirates. United Kingdom. Calendar Forecast Indicators News. Developer Docs Features.

Business and economic data for countries. The highest value was in Luxembourg: U.

Forex reserves Forex reserves ex. In , Ireland's economic data became so distorted by U. Calendar Forecast Indicators News. Customers Investors Careers About us Contact. Saudi Arabia. Journal of Public Economics. Read View source View history. United States. Archived from the original on 11 June Wealth per adult Europe Financial assets per capita. World Bank [22] [23]. Retrieved 10 April