It tells you how prosperous a country feels to each of its citizens. Top 105 countries gdp ranking projection 20102100 youtube. While we think that the discussion of long term trends in the report remains of interest, it does not take account of major events since that date, including in particular the recent global covid19 pandemic. The changes of electricity demand of a country region will be influenced by many. Meditations on the city is the first urbanophile e book. Gross national income gni per capita accounts for inflows and outflows of foreign capital. Luxembourg and qatar would be the richest economy in nominal and ppp, respectively. China and india on track for worlds largest economies by 2030. We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. While using such a metric certainly gives a quick snapshot of wealth per capita, it doesnt necessarily show the complete picture. Asian countries are still maintaining gdp growth of 48% depending upon the country. Learn how the world bank group is helping countries with covid19 coronavirus. Purchasing power parity means how much money would be needed to buy the same item in two different countries. List of countries by past and projected gdp ppp wikipedia.
Top 105 countries gdp per capita ranking projection 2010. Gross domestic product gdp is the standard measure of the value added created through the production of goods and services in a country during a certain period. China the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. According to wikipedia, gdp comparisons using ppp are arguably more useful than those using nominal gdp see list of countries by gdp nominal when assessing a nations domestic market because. This is an alphabetical list of countries by past and future gross domestic product. Feb 16, 2020 this list contains projected gdp per capita nominal and ppp of 192 countries economies in current prices of year 2019 and 2020 by imf alongside with their world rank and compare to worlds average. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for gdp per capita ppp. Em countries to account for roughly 50% of global gdp by 2030 50% however average em gdp per capita still only 14% of the. Awesome gdp manufacturing bubble map by country coventry.
Changes in gdp per capita and their respective ranking of economies in 2019. Moreover, other countries who currently lead in per capita gdpsuch as norwaywould have been considered. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. The table has current values for gdp per capita ppp, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. Gdp per capita growth annual % subsaharan africa data. Data learn how the world bank group is helping countries with covid19 coronavirus.
The table has current values for gdp, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. That makes it a good measurement of a country s standard of living. List of regions by past gdp ppp per capita wikimili, the. The world in 2050 report was published in february 2017. This entry gives the gross domestic product gdp or value of all final goods and services produced within a nation in a given year. In the same year, however, the uk gdp per capita was six times that of india. The worlds largest 10 economies in 2030 visual capitalist. As such, it also measures the income earned from that production, or the total amount spent on final goods and services less imports. List of countries by gdp ppp per capita simple english. Using the purchasing power parity ppp value of all final goods shows the true value of a dollar within a country in a given year. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education. Gdp per capita is a measure of a country s economic output that accounts for its number of people. This is an alphabetical list of countries by past and future gross domestic product per capita, based on official exchange rates, not on the purchasing power parity ppp methodology. Highlights in our latest world in 2050 report we present economic growth projections for 32 of the largest economies in the world, accounting for around 84% of global gdp.
In 2016, an economist from australia predicted that in 2050, based on gross domestic product per capita spending, china will be the first and followed by india and the united states. Asean should have four countries with over a trillion. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. This list contains projected gdp per capita nominal and ppp of 192 countries economies in current prices of year 2019 and 2020 by imf alongside with their world rank and compare to worlds average. Countries are sorted by nominal gdp estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. For rankings regarding wealth, see list of countries by wealth per adult. The bank sees developing economies like indonesia, turkey, brazil, and egypt all moving up the ladder and by 2030, it estimates that seven of the worlds largest 10 economies by gdp ppp will be located in emerging markets. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year. Countries with the highest gross domestic product gdp.
According to projections by a prominent multinational bank, 7 of the worlds 10 largest economies will be in emerging markets by 2030. Country 49 54 subject 12 12 measure 6 6 time 50 layout. Income inequality metrics measure the distribution of income between rich and. Gdp per capita growth annual % subsaharan africa from the world bank.
Data from world bank includes gdp and year estimated for. What nation will have the largest nominal gdp in 2050. Meet the 5 countries that will dominate the global economy. This is an alphabetical list of countries by past and future gross domestic product per capita, based on the purchasing power parity ppp methodology, not on official exchange rates. There is also continued room for catchup going beyond 2030. Gross domestic product gdp is the market value of all final goods and services from a nation in a given year. Meet the 5 countries that will dominate the global economy in 2030. Gdp at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Countries with the highest gross domestic product gdp 2030. Going by current gdp growth and population growth trends we can get an estimated forecast. In 1945, germany, the united kingdom and france were among the most ravaged. The lists may be based on nominal or the more meaningful purchasing power parity gdp. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year.
Rank order listing for the gdp per capita ppp field. Gdp projections produced for 2050, by pwc price waterhouse coopers indicate that even more significant changes could be ahead. The data are for the different sovereign countries of the world. Values are given in usds and have not been adjusted for inflation. An exploration into chinas economic development and electricity. Gdp and spending gross domestic product gdp oecd data. Us growth will have been eclipsed and india will still be rising but only to near the level of the us.
The population of india at that time will be around 1. Mar 14, 2020 its an economy made up of 27 separate countries. By 2030, india will be the second largest economy in ppp terms. Vietnams gdp per capita to increase 4fold by 2030 14052019 10.
They have more people and as they become middle income the population factor overwhelms differences in income. World bank national accounts data, and oecd national accounts data files. Breakdown of gross domestic product per capita in its components. Countries by real gdp per capita ppp growth according to the world bank. What will be indias gdp per capita both nominal and ppp. The world in 2050 will the shift in global economic power continue. These 5 countries will dominate the global economy in 2030. Europes top 30 movers in 2030 brookings institution. Weve also added in potential % change for each country, if comparing these.
Jan 21, 2020 gdp nominal per capita of 192 countries as of 2018 and 2019 by imf. For all the hundreds, and really thousands, of years before 1870, the average gdp per capita was even lower. These notional figures have been taken from the international monetary funds world economic outlook weo database, october 2018 edition. Countries with the highest gross domestic product gdp 2030 forecast share of global regions in the gross domestic product 2019 share of the main industrialized and emerging countries in the.
Moreover, other countries who currently lead in per capita gdp such as. Gross domestic product gdp is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. Jan 31, 2018 in low and middleincome countries, human capital wealth on a per capita basis tends to increase, while aging populations and stagnant wage growth means that this component shrinks for richer. The region was the envy of europe in 17th century and the world is about to turn full circle.
Sep 24, 2019 figure 1 shows a global map with shaded areas for all poverty hotspots, defined as subnational regions districts or provinces within a country that are on track to have a per capita gdp of. This page provides values for gdp reported in several countries part of g20. Keep in mind that both countries suffer from extremely high income inequality, so the average person is much, much poorer than these numbers might suggest. Gdp is the worth of all goods and services made in a country in a year. The world in 2050 will the shift in global economic power. Having fewer babies has been helpful for per capita income growth since 1975. It divides the country s gross domestic product by its total population. A new world bank project shows that wealth, not gdp. Among countries on the continent itself, equatorial guinea is the richest.
Even in this world, and after doubling in 2007 2030, average em gdp per capita is set to remain just a fraction of that in the west. List of countries by past and projected gdp ppp per capita. Middle east saudi arabia the world factbook central. Gdp dollar international dollar estimates here are derived from ppp estimates. 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. Indonesia which nowadays does not belong to bric countries will jump from 9th position to 4th position. Similarly, while chinas gdp is larger than that of the united states in gdp, its gdp per capita is about onefourth that of the us. Ppp largely removes the exchange rate problem but not others. These will be the 21 most powerful economies in 2030 the.
Global trends in per capita gdp growth and gini coefficients. List of countries by gdp nominal per capita wikipedia. Jan 03, 2011 by the year 2030, it is projected that china will eclipse the united states and have the largest gross domestic product gdp in the world, at 31. This is a list of countries of the world sorted by their gross domestic product gdp per capita. The following are the worlds wealthiest countries by gross domestic product at purchasing power parity per capita. Aug 30, 2019 per capita gdp is a measure of the total output of a country that takes gross domestic product gdp and divides it by the number of people in the country. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures.
Global drivers of economic growth, economic growth and. Our forecasts are in line with the united nations population division and. The data correspond to the last date of registration provided by the source. This is an alphabetical list of countries by past and future gross domestic product per capita, based on the purchasing power parity ppp methodology, not on. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for gdp. Vulnerability to sealevel rise and storm surges by country, circa 2000. Aug 16, 2019 our animated chart this week uses data from the ninth credit suisse global wealth report, which ranks countries by average wealth, calculated as gross assets per adult citizen. Standard chartered has a massive acceleration in gdp growth for india, indonesia, turkey, brazil, egypt and russia. This is the measure most economists prefer when looking at per capita welfare and when comparing living conditions or use of resources across countries. The table has current values for gdp per capita, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts.
Forecast of the variation of the real gross domestic product gdp per capita of different european countries in 2030 as a result of the departure of the. This list contains projected gdp per capita of 192 countries economies in current prices u. Subscribe here thanks for watching the video and if you liked, leave a like and comment and subscribe to woraph channel. List of countries by past and projected gdp nominal per. The international macroeconomic data set provides data from 1969 through 2020 for real adjusted for inflation gross domestic product gdp, population, real exchange rates, and other variables for the 190 countries and 34 regions that are most important for u. 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. Gdp nominal per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. A nations gdp at official exchange rates oer is the homecurrencydenominated annual gdp figure divided by the bilateral average us exchange rate with that country in that year. 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. List of countries by gdp ppp per capita growth rate. These figures have been taken from the international monetary funds world economic outlook weo database, october 2019 edition. Lists of countries by gdp per capita list the countries in the world by their gross domestic product gdp per capita. List of countries by past and projected gdp nominal per capita. Which countries will be in the top5 gdp list by 2030.1481 442 628 1300 786 676 789 993 489 1137 459 1152 934 212 253 140 789 278 1590 71 233 370 54 1556 817 255 763 722 804 253 1258 1241 705 891 369 3 1238 153 95 678 402 1118 1038