What country has the highest real GDP per capita?
What country has the highest real GDP per capita?
Luxembourg
Luxembourg is the top country by real GDP per capita in the world. As of 2020, real GDP per capita in Luxembourg was 107,458 US dollars. The top 5 countries also includes Norway, Ireland, Switzerland, and Denmark.
Which country had the highest GDP per capita for 2010?
GDP per capita (constant 2010 US$) – Country Ranking
| Rank | Country | Value |
|---|---|---|
| 1 | Monaco | 195,879.60 |
| 2 | Liechtenstein | 141,200.40 |
| 3 | Luxembourg | 110,742.30 |
| 4 | Norway | 92,077.58 |
Which was the richest country in the world?
Known for high-income levels and a low unemployment rate, Luxembourg is the richest country in the world….The Richest Countries In The World Ranked.
| Rank | Country | GDP per capita (PPP) |
|---|---|---|
| 1 | Luxembourg | 120,962.2 |
| 2 | Singapore | 101,936.7 |
| 3 | Qatar | 93,851.7 |
| 4 | Ireland | 87,212.0 |
What is the average GDP per capita in the world?
As of 2017, the average GDP per capita (PPP) of all of the countries of the world is US$17,300. For rankings regarding wealth, see list of countries by wealth per adult .
Is PPP better than GDP per capita?
PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
What is the nominal GDP for countries and dependencies?
List of per capita nominal GDP for countries and dependencies. International Monetary Fund (2021 estimates) World Bank (2019) United Nations (2019); Rank Country/Territory US$ 1 Luxembourg 131,782 2 Switzerland 94,696 3 Ireland 94,556 4 Norway 81,995 5 United States 68,309
Is GDP per capita a good measure of standard of living?
GDP per capita is often considered an indicator of a country’s standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries.
