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Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates .
Ninh Thuận has also been the only province in the South Central Coast with an average annual GDP growth rate of less than 10% from 2000 to 2007 - at 9.4% compared to the region's average of 11.2%. While its industrial growth has been slightly above the region's average at 16.4%, it started from a very low base and therefore contributed little ...
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.
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Total GDP can also be broken down into the contribution of each industry or sector of the economy. [10] GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress.
In terms of scale, Vietnam's GDP grew almost five times from $6.472 billion in 1990 to $31.173 billion in 2000, while GDP per capita grew from $95 in 1990 to $390 in 2000. [21] That is to show, both production and the standards of living improved over this period.
A multiday firestorm has erupted over comments made by two incoming advisers to President-elect Donald Trump about H-1B temporary worker visas, a carve-out for high-skilled workers who some in the ...
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.