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Which country has the highest per capita?

Which country has the highest per capita?

GDP per Capita

# Country GDP (nominal) per capita (2017)
1 Qatar $61,264
2 Macao $80,890
3 Luxembourg $105,280
4 Singapore $56,746

Which country has the lowest per capita?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia….The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

Characteristic GDP per capita in U.S. dollars
Burundi 253.59

What is Nigeria’s per capita?

GDP per capita in Nigeria is expected to reach 2300.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP per capita is projected to trend around 2450.00 USD in 2022, according to our econometric models.

Is Benin a high income country?

Based on data at the end of 2019, the World Bank announced Benin’s transition to the category of lower middle income economies. For the first time in its history, Benin is leaving the category of low-income countries and joining the group of countries such as Côte d’Ivoire, Senegal and Morocco.

Which country has highest per capita income in 2020?

GDP (Nominal) per capita Ranking

Code Country/Economy GDP per capita (Nominal) ($)
LUX Luxembourg 1
CHE Switzerland 2

Who is richest country in the world?

World’s 5 Richest Nations By GDP Per Capita

  1. Luxembourg. GDP per capita: $131,781.72. GDP: $84.07 billion.
  2. Switzerland. GDP per capita: $94,696.13. GDP: $824.74 billion.
  3. Ireland. GDP per capita: $94,555.79. GDP: $476.66 billion.
  4. Norway. GDP per capita: $81,995.39. GDP: $444.52 billion.
  5. United States. GDP per capita: $68,308.97.

Is Nigeria poorer than India?

make 18.1% less money. India has a GDP per capita of $7,200 as of 2017, while in Nigeria, the GDP per capita is $5,900 as of 2017.

Is Nigeria richer than Bangladesh?

Bangladesh vs Nigeria: Economic Indicators Comparison Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Bangladesh ranked 44th with $274B. By GDP 5-years average growth and GDP per capita, Nigeria and Bangladesh ranked 132nd vs 10th and 149th vs 155th, respectively.

Is Togo richer than Benin?

Togo has a GDP per capita of $1,700 as of 2017, while in Benin, the GDP per capita is $2,300 as of 2017.

What is the biggest problem in Benin?

The main environmental issues facing the people of Benin are desertification, deforestation, wildlife endangerment, and water pollution. The spread of the desert into agricultural lands in the north is accelerated by regular droughts.

What country has the most GDP per capita?

China has the largest GDP in the world. It produced $25.3 trillion in 2018. But its GDP per capita was only $18,120 because it has four times the number of people as the United States.

What state has the most GDP?

California is the largest economy today – it has a state GDP of $2.6 trillion, which is comparable to the United Kingdom.

How do you calculate the real GDP per person?

The best way to calculate real GDP per capita for the United States is to use the real GDP estimates already published by the Bureau of Economic Analysis . Then just divide it by the population .

What is the meaning and significance of GDP per capita?

Per capita GDP is typically expressed in local current currency, local constant currency or a standard unit of currency in international markets, such as the U.S. dollar (USD). GDP per capita is an important indicator of economic performance and a useful unit to make cross-country comparisons of average living standards and economic wellbeing.