Income Per Capita Ppp

The gdp per capita in antigua and barbuda when adjusted by purchasing power parity is equivalent to 123 percent of the world s average.

Income per capita ppp. The gdp ppp per capita of the advanced economies country group increased from 10 186 in 1980 to 53 369 in 2019 implying 5 2 times increase. 77 economies have per capita income greater than global average. For example if the per capita income for a nation rose from 50 000 per. This article includes a list of countries of the world sorted by their gross national income gni per capita at purchasing power parity ppp for rankings regarding wealth see list of countries by wealth per adult.

The gross domestic product per capita in antigua and barbuda was last recorded at 21908 50 us dollars in 2019 when adjusted by purchasing power parity ppp. The per capita income does not give a clear understanding of the standard of living. Gross national income per capita 2019 atlas method and ppp purchasing atlas power parity methodology international ranking economy us dollars ranking economy dollars 1 switzerland 85 500 1 macao sar china 123 290 l 2 norway 82 500 2 qatar 94 170. Per capita income of top ranker qatar is over 7 times to the world gdp per capita and 183 times of lowest ranked burundi of int.

The per capita income of france is approximately 42 000 us dollars while that of india is 2300 us dollars. But there is a limitation. 25 000 and 111 has above int. 50 000 62 have above int.

There are 24 economies which have per capita income above int. 10 000 at purchasing power parity basis. The key difference between gdp per capita and income per capita is that gdp per capita is the measure of the total output of a country where the gross domestic product gdp is divided by the total population in the country whereas income per capita is a measure of income earned per person in a country within a given period of time. So there is a huge gap between the two numbers which explains why france is so much more prosperous than india.

Gdp per capita ppp constant 2017 international gdp per capita growth annual gdp per capita constant lcu gdp per capita constant 2010 us gdp per capita current lcu gdp per capita current us inflation gdp deflator annual oil rents of gdp download. The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income.