For example, if a country has a high overall GDP but a low per-capita GDP, significant wealth might be concentrated in the hands of very few people. The United Nations' Human Development Index ...
Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...
Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.
In fact, when you strip out inflation and population growth, the latest quarterly figures show that GDP per capita actually fell by 0.1% between July and September 2024, external. Official GDP ...
The poorest US state's Gross Domestic Product (GDP) per capita is higher than that of Europe's top five economies, except for Germany. However, Mississippi competes closely with Germany ...
Amid the economic disruption, however, several countries managed to display remarkable growth in their GDP per capita from 2020 to 2021. Using data from The World Bank, we analyzed various nations ...
The federal government immigration plan for 2025-27, released in October, will reduce real GDP by 1.7% by the end of 2027, according to a Parliamentary Budget Officer (PBO) report published Thursday.
Luxembourg ranked first in per capita GDP in 2023 at $128,423, around 3.8 times that of Japan. The United States ranked sixth at $81,861, roughly 2.4 times higher than Japan.