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[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021. [8] [1] [11]
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.
I updated the country-colours according to the new imf data in the table: 07:43, 23 June 2024: 2,192 × 1,135 (1.7 MB) Titanx114: Updated Chile and Uruguay: 20:56, 6 May 2024: 2,192 × 1,135 (1.7 MB) Titanx114: Czech Republic, Oman, Bosnia and Herzegovina and Republic of the Congo has been updated according to 2024 list: 04:50, 3 May 2024: ...
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [a] For rankings regarding wealth, see list of countries by wealth per adult.
The coloring was based on the best available GDP figure for each country on the time of creation (16 June 2024). Best available GDP figure was defined as the latest figure from the w:International Monetary Fund (including forecasts for the current year) if available, otherwise the latest figure from the w:World Bank if available, otherwise the ...
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] 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.
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.