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GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage , real income , median income , disposable income and GNI per capita .
Comparisons of national wealth are also frequently made based on purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita are used for comparing national standard of living. On the whole, PPP per capita figures are less ...
Dymaxion map of the world with the 30 largest countries and territories by area. This is a list of the world's countries and their dependencies, ranked by total area, including land and water.
Countries by global price level (World average=100) Rank County/Territory Global price level (% of world average) [2] Year 1 Bermuda: 193.5 2021 2 Barbados: 188.9 2021 3 Cayman Islands: 184.7 2021 4 Switzerland: 181.4 2021 5 Israel: 179.1 2021 6 Iceland: 177.1 2021 7 Turks and Caicos Islands: 172.8 2021 8 Australia: 168.6 2021 9 Norway: 165.3 ...
International comparisons, or national evaluation indicators, focuses on the quantitative, qualitative, and evaluative analysis of one country in relation to others. Often, the objective is to compare one country's performance to others in order to assess what countries have achieved, what needs to change in order for them to perform better, or a country's progress in reaching certain objectives.
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.
Population density (people per km 2) by country This is a list of countries and dependencies ranked by population density , sorted by inhabitants per square kilometre or square mile . The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
The radar chart is a chart and/or plot that consists of a sequence of equi-angular spokes, called radii, with each spoke representing one of the variables. The data length of a spoke is proportional to the magnitude of the variable for the data point relative to the maximum magnitude of the variable across all data points.