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The labour productivity level of Luxembourg is one of the highest in Europe. OECD, 2012. The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Citizens of Luxembourg enjoy the highest per capita gross domestic product in the world, according to an IMF estimate in 2022. [24]
Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, see List of countries by GDP (PPP) per capita .
Luxembourg: −0.3 2022 yearly Malta: −4.8 Mar 2023 quarterly Moldova: −3.3 2022 yearly Monaco: −1 2011 [4] – Montenegro: −0.5 Jun 2023 quarterly Netherlands: −0.1 Mar 2023 quarterly North Macedonia: −4.5 2022 yearly Norway: 24.0 Jun 2023 quarterly Poland: −3.7 2022 yearly Portugal: 0.0 Jun 2023 yearly Romania: −6.3 Jun 2023
IMF: Values are based upon GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). Exchange rate projections are provided by country economists for the group of other emerging market and developing countries.
In 2017, Ireland's economic data became so distorted by U.S. multinational tax avoidance strategies (see leprechaun economics), also known as BEPS actions, that Ireland effectively abandoned GDP (and GNP) statistics as credible measures of its economy, and created a replacement statistic called modified gross national income (or GNI*).
Based on Pew’s calculator, middle class earners are actually those whose income falls between $52,200 and $156,600, or two-thirds to double the national median when adjusted for local cost of ...
Nominal GDP (in US$) per capita by country Country Rank IMF [5] 2024 Rank WB [6] 2019 Change Albania 84: 9,598: 94: 5,353 10.5 Armenia ㅤㅤㅤ ㅤㅤㅤㅤ 86 8,518 41 4,670 9.5
Virginia was No. 1 on WalletHub’s list of the U.S. states with the highest income earners. According to the study, the average annual income of the top 5% earners in Virginia was $518,296.