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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.
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [ 5 ] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [ 6 ] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades ...
Note: The figures for the dependent territories are slightly outdated (e.g. the GDP per capita figure for the Cayman Islands is from 2004), therefore they may not be easily compared with more recent figures for sovereign states. Pie chart showing member countries by share of GDP (PPP) within the Commonwealth in 2018.
The formula thus is: GDP (PPP) = GDP per capita (PPP) x population size It should be stressed that, historically speaking, population size is the far more important multiplier in the equation. This is because, in contrast to industrial economies , the average income ceiling of premodern agrarian societies was quite low everywhere, possibly not ...
Afghanistan's nominal GDP was $20.1 billion in 2020, or $81 billion by purchasing power parity (PPP). [355] Its GDP per capita is $2,459 (PPP) and $611 by nominal. [355] Despite having $1 trillion or more in mineral deposits, [356] it remains one of the world's least developed countries.
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by USD. The first list includes 2024 data estimates n1 for members of the International Monetary Fund.
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [ 1 ]
After the Stage IV transition of authority to ISAF, the status of the 10th Combat Aviation Brigade/Task Force Falcon, which handles all the helicopter combat aviation duties in Afghanistan, was uncertain, along with the exact status of Combined Task Force Sword, the engineer task force, and the Combined Joint Special Operations Task Force.