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.

Nominal per capita PPP per capita. The Gross Domestic Product per capita in Spain was last recorded at

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Business and economic data for countries. The highest value was in Luxembourg: U. The indicator is available from to Below is a chart for all countries where data are available. Measure: U. Download data API.

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

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GDP Growth Rate. See also: List of countries by average wage. These investments in empty corporate shells almost always pass through well-known tax havens. South Korea. Central African Republic. GDP from Construction. Spain Inflation Drops to 6-Month Low of 2. Summary Stats Forecast Download. By country past and projected per capita per capita. Forex reserves Forex reserves ex.

Much of the economic data we use to understand the world — for instance on the goods and services bought or produced by households, firms and governments, or the incomes they receive — is initially recorded in terms of the units in which these transactions took place. That means this data starts out being expressed in a variety of local currencies — as so many rupees, US dollars, or yuan, etc. Before these figures can be meaningfully compared, they need to be converted into common units.

Current job openings:. These investments in empty corporate shells almost always pass through well-known tax havens. Archived from the original on 11 June More Indicators. Solomon Islands. Article Talk. Ireland is one of the world's largest corporate tax havens. Ivory Coast. Equatorial Guinea. Gross National Happiness Net material product Research and development spending Stock market capitalization Patents, trademarks, and industrial design filing activity. It also excludes non-sovereign tax havens for example, Delaware or Labuan. Saudi Arabia. Hidden categories: Articles with short description Short description is different from Wikidata Wikipedia pages semi-protected against vandalism Use dmy dates from October Federated States of Micronesia.