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This is a list of countries by real GDP per capita growth rate. These numbers take into account inflation and population growth rate but not purchasing power parity . [ 2 ] This list is not to be confused with gross national income per capita growth [ 3 ] or the real GDP growth .
This is an alphabetical list of countries by past and projected gross domestic product per capita, ... (October 2024 edition), [1 ... United States: 12,553: 13,949:
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, ... October 2024 edition. [1] ... United States: 12,553: 13,949 ...
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.
This is a list of countries by nominal GDP per capita. 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.
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 ...
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.
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [5] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [6]