Mali is heavily dependent on foreign aid and vulnerable to fluctuations in world prices for cotton, its main export, along with gold. The top 5 poorest countries in the world cia factbook. Purchasing power parity is a method of measuring the relative purchasing power of different countries currencies over the same types of goods and services. In statistics, its used to compare the economic indicators of countries with different population sizes. This list shows the government budget of each country divided by its total population, not adjusted to purchasing power parity. The gross domestic product gdp per capita figures on this page are derived from ppp. Eu membership, a top foreign policy goal, came in may 2004. A nations gdp at purchasing power parity ppp exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the united states in the year noted. The cias world factbook the central intelligence agency cia, part of the u. Communist domination ended in 1990, when bulgaria held its first multiparty election since world war ii and began the contentious process of moving toward political democracy and a market economy while. Gdp is the worth of all goods and services made in a country in a year. Gdp per capita country ranks gdp composition, by sector of origin.
The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2019. Some of those indices are similar across several organizations, some arent. Changes in gdp per capita and their respective ranking of economies in 2019 data from world bank and the world factbook includes gdp per capita and year estimated for. For rankings regarding wealth, see list of countries by wealth per adult. Normalizing the data, by dividing the budget balance by gdp, enables easy comparisons across countries and. Jan 22, 2020 gdp nominal per capita of 191 countries as of 2018 and 2019 by imf. However, with limited staff and resources, we simply cannot respond to all who write to us. Learn how the world bank group is helping countries with covid19 coronavirus. This list contains projected gdp per capita nominal and ppp of top 50 countrieseconomies in current prices of year 2019 and 2020 by imf alongside their world rank, compare to worlds average, gdp growth rate and gdp. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1.
Issn 155383 for additional information on government leaders in selected foreign countries, go to world leaders. Data for guam, monaco and the world obtained from individual countrygrouping pages. Of the 180 countries, 85 pursued unequivocally expansionary policies, boosting government spending while also expanding their money supply faster than the world average of 6%. Dollars gdp per capita is a good way to compare the economic. It tells you how a country, state, or city affects its residents. Countries with young populations high percentage under age 15. The current account deficit more than 22% of gdp in 2007 and inflation at nearly 10% per year remain major concerns. Series definition and calculation method as stated by the cia the world factbook. Cia the world factbook country comparison gdp per capita. All suggestions for corrections of any errors about ghana economy 2009 should be addressed to the cia. Field listing gdp purchasing power parity the world. The agricultural sector accounts for about onetenth of gdp, twofifths of exports, and half of the labor force. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current u. The world factbook provides information on the history, people and society, government, economy, energy, geography, communications, transportation, military, and transnational issues for 267 world entities.
Purchasing power parity means how much money would be needed to buy the same item in two different countries. Nov 04, 2019 the worlds top 10 economies by per capita gdp 1 to 10 are luxembourg, switzerland, norway, ireland, iceland, qatar, singapore, united states, denmark, and australia. Gdp per capita ppp, the world factbook, central intelligence agency. This page of gdp per capita ranking of countries is based on figures from the 1999 cia world factbook. Estonia, a member of the eu since 2004 and the euro zone since 2011, has a modern marketbased economy and one of the higher per capita income levels in central europe and the baltic region, but its economy is highly dependent on trade, leaving it vulnerable to external shocks. According to the list of countries sorted by their gdp per capita, made by. This entry shows gdp on a purchasing power parity basis divided by population as of 1 july for the same year. Fiscal and monetary data for 2012 are currently available for 180 countries, which together account for 98. For the complete list of gdp data and information on specific countries, visit the world bank and the cia world factbook. The government has continued its successful implementation of an imfrecommended structural adjustment program that is helping the economy grow, diversify, and attract foreign investment. This page is a list of the countries of the world by gross domestic product at. But despite having higher significant overall income from the sale of its natural resources, equatorial guinea has.
This is the measure most economists prefer when looking at percapita. Countries with young populations high percentage under age 15 need to invest more. An internet, word processing, and web page design project peter vogel. Mar 04, 2018 here, we use very simple methods of regular expression for matching the exact words like gdp per capita ppp. This is the measure most economists prefer when looking at percapita welfare and when comparing living conditions or use of resources across countries. Tourism, another mainstay of the economy, accounts for 24% of gdp. List of countries by gdp ppp per capita facts for kids.
The international monetary fund, the world bank, and the cia factbook, it is a country called burundi. List of countries by gdp ppp per capita simple english. Country comparison gdp purchasing power parity the world. The world factbook, also known as the cia world factbook, is a book that contains the central intelligence agency s information about the worlds countries. If the ppp method is used, china replaces the united states as the worlds largest economy. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. Gdp per capita flags, maps, economy, geography, climate.
Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. Per capita can take the place of saying per person in any number of statistical observances. Page last updated on february 28, 2018 economy overview. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. Gdp per capita based on purchasing power parity ppp. The factbook provides a two to threepage summary of the demographics, geography, communications, government, economy, and military of 272.
The shade of the country corresponds to the magnitude of the indicator. No claims are made regarding the accuracy of ghana economy 2009 information contained here. It is based on data from the 2018 cia world factbook. Gross domestic product gdp per capita ppp definition. As a rule the gdp per capita data used to rank the countries is as of january 1999. Countries compared by economy gdp cia factbook per capita. Why do gdp estimates by imf, world bank and cia factbook. A nations gdp at purchasing power parity ppp exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the united states. References definitions and notes the world factbook central. Gdp per capita ppp this entry shows gdp on a purchasing power parity. The question is about the solow convergence hypothesis which says that poor countries grow at a faster rate while rich countries grow at a slow pace and hence eventually converge to the same steady. Field listing gdp purchasing power parity the world factbook.
Here, we use very simple methods of regular expression for matching the exact words like gdp per capita ppp. List of countries by government budget per capita wikipedia. The question is about the solow convergence hypothesis which says that poor countries grow at a faster rate while rich countries grow at a slow pace and hence eventually converge to the same steady state in the long. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2020. The world factbook country location locator map modal. Country comparison gdp per capita ppp the world factbook. There are no defacto standards as regards the indices which should be used in quantifying or measuring the gdp of a country. Guatemala is the most populous of the central american countries with a gdp per capita roughly onehalf that of argentina, brazil, and chile.
The report includes countryspecific threeyear forecasts for major macroeconomic indicators, including commodity and financial markets. Gdp purchasing power parity compares the gross domestic product gdp or value of all final goods and services produced within a nation in a given year. Its commonly used in statistics, economics, and business to report an average per person. The world factbook list of developed countries covert. Having fought on the losing side in both world wars, bulgaria fell within the soviet sphere of influence and became a peoples republic in 1946. In 1996 the finance sector accounted for about 60% of the islands output. We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. The office of public affairs opa is the single point of contact for all inquiries about. The international monetary fund, the world bank, and the cia factbook.
This is a list of countries of the world sorted by their gross domestic product gdp per capita. Country comparison gdp purchasing power parity the. Greece 494 km, the former yugoslav republic of macedonia 148 km. Cia world factbook unless otherwise noted, information in this page is accurate as of january 1, 2019. Cia the world factbook country comparison military. The information regarding ghana on this page is republished from the 2009 world fact book of the united states central intelligence agency. The jersey breed of dairy cattle is known worldwide and represents an important export income earner.
Per capita is a latin term that translates into by head, basically meaning average per person. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. Gdp per capita ppp by country thematic map middle east. This list is based on gross national product purchasing power parity gdpppp. The liechtenstein economy is widely diversified with a large number of small and mediumsized businesses, particularly in the services sector. Series definition and calculation method as stated by the workbank world development indicators. Latvia officially joined the world trade organization in february 1999. Gdp nominal per capita of 191 countries as of 2018 and 2019 by imf.
Ansfive highest gdp growth rate countries would be china, india, singapore, brazil and taiwan whereas in terms of low gdp growth rate, it is pakistan, japan, and euro economies. Cia world factbook world the world factbook central. The per capita figure was calculated by the imf using a 2011 population estimate based on a 2001 census whose validity has been called into. The map displayed here shows how gdp per capita ppp varies by country. List of countries by gdp nominal per capita wikipedia. No claims are made regarding the accuracy of gdp per capita ppp information contained here. Latvia cia world factbook the best country factbook. The chinese, brazilian, indian, and united states government budgets used are the figures reported by the international monetary fund. This list is based on gross national product purchasing power parity gdp ppp. Field listing gdp per capita ppp the world factbook. This is the measure most economists prefer when looking at per capita welfare and when comparing living conditions or use of resources across countries. If the ppp method is used, china replaces the united states as the world s largest economy.
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