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- In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world.
www.statista.com/statistics/270180/countries-with-the-largest-gross-domestic-product-gdp-per-capita/
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For the 2023 financial year, the World Bank placed 81 countries in the high-income category. Many countries, such as the United States, have consistently ranked as high income since the 1980s, but others have moved in or out.
Mar 29, 2023 · Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Luxembourg, one of the smallest countries in the EU has a population of 634,000 and is the richest country in this ranking with a per capita GDP of nearly $130,000.
Jul 1, 2024 · Europe and Central Asia has a slightly lower share of high-income countries in 2023 (69%) than it did in 1987 (71%). These changing compositions are depicted visually in the diagram below, which shows country classifications by region and over time since 1987.
The table initially ranks each country or territory by its IMF estimate, and can be reranked by any of the sources. GDP (in USD) per capita by country, territory, non-sovereign state or non-IMF member
Country/territoryImf [4][5](estimate)Imf [4][5](year)World Bank [6](estimate)——240,862——187,267135,3212024128,259——123,091- Top 10 Countries by GDP Per Capita in 2023
- Top 10 Countries by GDP Per Capita in The World
- Introducing Purchasing Power Parity
- Nominal vs. Ppp-Adjusted GDP Per Capita
There are many ways to measure different economies against one another, but comparing countries by GDP per capita remains one of the most tried-and-true methods. GDP per capita attempts to level the playing field by dividing a country’s economic outputby its population, effectively giving the average GDP per person. A higher per capita GDP generall...
Here are the top 10 countries with the highest nominal GDP per capita in the world in 2023, measured in U.S. dollars: Luxembourg, Ireland, and Norway lead the ranking with more than $100,000in GDP per capita. Luxembourg is a key financial services center in Europe, Ireland is headquarters to many multinational corporations, and Norway is one of the...
One of the major drawbacks of using GDP per capita is that it doesn’t account for the strength of the local currencyversus its exchange rate, the latter of which is heavily influenced by investment flows and demand for the national currency. Non-tradable goods in a country (haircuts, local transport, schools, etc.) do not get valued when using an e...
In the case of GDP, PPP measurements use an “international dollar”which can buy the same amount of goods in any given country as a U.S. dollar could buy in America.
In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U.S.,...
This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1]
