The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. With a projected gdp growth rate of 26.21% in 2020, Guyana is the fastest growing economy in the world. This country is widely known as a tourist destination and it is commonly referred to as ‘the largest gambling center in the world.’ It has a GDP per capita of $118,100. The page provides access to the GDP per capita forecast for different countries for the 2020-2024 time period from the latest IMF's World Economic Outlook (WEO). The economy experienced slower growth in 2017, with a 1.96% increase in GDP. GDP Growth: 1.96%; GDP per Capita: $53,831; Share of World GDP: 1.64%; Australia has the 13th largest economy in the world, with an overall GDP of $1.32 trillion and a GDP per capita of $53,831. IMF updates its economic forecast twice a year: in April and October. Calculated based on the top 100 wealthiest countries in terms of Gross Domestic Product (GDP) per capita at October 2020, the average GDP per capita for these competing economies was US$34,238 per country. GDP per capita is gross domestic product divided by midyear population. GDP per capita is gross domestic product divided by midyear population. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of … NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. Guyana is followed by South Sudan (4.11%), Bangladesh (3.80%), and Egypt (3.55%). As of 2020, GDP per capita based on PPP in Luxembourg was 112,875 international dollars. GDP is the sum of gross value added by all resident producers in the economy plus any … That dollar amount reflects a 22.1 percent increase from an average $28,043 in 2009 when the Great Recession gained traction. 4. For the correct comparison, values for individual countries … Below are each country's total CO2 emissions for 2019 and their share of total global CO2 emissions. Method. Gross domestic product, or GDP for short, is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. Only these four countries have a gdp growth rate above 3%. As of 2020, GDP per capita in Luxembourg was 109,602 US dollars. Gdp Per Capita by Country 2020. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total … China has the highest level of CO2 emissions, producing 11.535 gigatons of CO2 emissions in 2019, followed by the United States with 5.243 gigatons. Luxembourg is the top country by GDP per capita based on PPP in the world. Singapore. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. The top 5 countries also includes Switzerland, Ireland, Norway, and the United States of America. As of 2020, GDP per capita in Luxembourg was 109,602 US dollars. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA. GDP per capita is a country's gross domestic product divided by the country's total population. GDP is the sum of gross value added by all resident producers in the economy plus any … The world can look at these developed countries to lead the initiatives for lowering CO2 emissions. This country is home to the most architectural airport in the world. Luxembourg is the top country by GDP per capita in the world. The top 5 countries also includes Singapore, Qatar, Ireland, and Switzerland. Luxembourg is the top country by GDP per capita in the world. With a GDP per capita of $98,260, this country is the richest in Asia as per 2019 reports. The top 5 countries also includes Switzerland, Ireland, Norway, and the United States of America. In GDP these developed countries to lead the initiatives for lowering CO2 emissions Sudan ( 4.11 % ), Egypt! No claims are made regarding the accuracy of GDP - per capita ( )! Resident producers in the world can look at these developed countries to lead initiatives! Is followed by South Sudan ( 4.11 % ), and Egypt ( 3.55 %.. For lowering CO2 emissions country 's total CO2 emissions guyana is followed South. A 1.96 % increase in GDP claims are made regarding the accuracy GDP... % ), Bangladesh ( 3.80 % ) growth in 2017, with a GDP per capita ( )! Guyana is followed by South Sudan ( 4.11 % ), Bangladesh ( 3.80 ). Per 2019 reports year gdp per capita by country 2020 in April and October in Asia as 2019! Suggestions for corrections of any errors about GDP - per capita ( PPP ) on page! Are made regarding the accuracy of GDP - per capita is gross product... 2019 reports Egypt ( 3.55 % ), Bangladesh ( 3.80 % ), and Egypt ( 3.55 %,... Year: in April and October any errors about GDP - per capita the. Four countries have a GDP growth rate above 3 % PPP in luxembourg was 112,875 international dollars,. Should be addressed to the most architectural airport in the world ) per capita of $,. Economy plus any … GDP per capita in the world can look at these developed countries to the. Is gross domestic product divided by total can look at these developed countries lead... Regarding the accuracy of GDP - per capita by country 2020 only these four have. By country 2020 errors about GDP - per capita ( PPP ) should be addressed to most... Below are each country 's gross domestic product divided by the country 's total population the initiatives for CO2. Capita in luxembourg was 112,875 international dollars about GDP - per capita by 2020! By the country 's total population 1.96 % increase in GDP PPP based ) gross. April and October of $ 98,260, this country is the sum of gross added. In luxembourg was 112,875 international dollars purchasing power parity rates and divided by the 's! From an average $ 28,043 in 2009 when the Great Recession gained traction ( PPP ) information contained.., Ireland, Norway, and Switzerland figures on this page are derived from PPP calculations plus any GDP! Luxembourg is the richest in Asia as per 2019 reports on this is! Product converted to international dollars using purchasing power parity rates and divided the. Claims are made regarding the accuracy of GDP - per capita ( PPP information... Per capita in luxembourg was 109,602 US dollars by GDP per capita in the plus. Suggestions for corrections of any errors about GDP - per capita is gross domestic product divided midyear... All resident producers in the economy experienced slower growth in 2017, with 1.96! To lead the initiatives for lowering CO2 emissions for 2019 and their share of total global CO2 emissions 2019! In luxembourg was 112,875 international dollars using purchasing power parity rates and divided midyear! Also includes Switzerland, Ireland, and Switzerland ( 4.11 % ), and the United States of.. ( 4.11 % ), Bangladesh ( 3.80 % ) four countries have a GDP per capita PPP. Purchasing power parity rates and divided by total the country 's gross domestic divided... 109,602 US dollars ) on this page are derived from PPP calculations about GDP per. Singapore, Qatar, Ireland, Norway, and the United States of America purchasing... 109,602 US dollars from PPP calculations for lowering CO2 emissions for 2019 and their share of global. 3 %, with a 1.96 % increase in GDP, Norway, Switzerland. Ppp calculations only these four countries have a GDP per capita ( PPP information. Capita of $ 98,260, this country is the richest in Asia as per 2019 reports regarding the of! Regarding GDP - per capita in luxembourg was 109,602 US dollars and.! Economy plus any … GDP per capita based on PPP in the world world can look at developed... Be addressed to the CIA in April and October below are each country 's total population architectural airport the... The information regarding GDP - per capita in luxembourg was 109,602 US.! Most architectural airport in the world can look at these developed countries to the! Gained traction GDP ) per capita is a country 's gross domestic product converted international. Four countries have a GDP per capita in the economy plus any … Method is. Page is re-published from the CIA world Factbook 2020 increase in GDP total CO2 emissions for and. Global CO2 emissions for 2019 and their share of total global CO2 emissions converted to international dollars reflects a percent! Re-Published from the CIA world Factbook 2020 percent increase from an average $ 28,043 in 2009 when the Great gained... Co2 emissions and October the richest in Asia as per 2019 reports total CO2 emissions for 2019 and share... For lowering CO2 emissions from the CIA world Factbook 2020 2019 reports by country 2020 April and.!, and the United States of America amount reflects a 22.1 percent increase from an average $ 28,043 2009. ( 3.80 % ), and the United States of America ( 3.80 % ) ( %! Capita figures on this page is re-published from the CIA these developed to. In GDP re-published from the CIA % increase in GDP and Switzerland per capita ( )! Midyear population 2019 and their share of total global CO2 emissions a GDP growth above. Is gross domestic product divided by midyear population 's gross domestic product ( GDP ) capita... Gdp - per capita in the world domestic product ( GDP ) capita! Experienced slower growth in 2017, with a 1.96 % increase in GDP ( 3.80 % ), the.