Documentation_ GDP per Capita v26, Excel-file with data & meta-data v14 GDP per capita measures the value of everything produced in a country during a year, divided by the number of people. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed The study also examines to what extent public social spending is subject to a straightforward relationship with expected Beyond that point we have extended the series up to 2050. Countries by GDP (PPP) per capita 2020 - StatisticsTimes.com Use Ask Statista Research Service, Annual average unemployment rate in Germany 2005-2023, Monthly inflation rate in Germany 2022-2023, Purchasing managers' index for the industrial sector in Germany 2020-2022. We provide the highest quality of service and utmost personalized level of support to our clients. We have applied the IMF expected changes rates on WB estimates. GDP Directly accessible data for 170 industries from 150+ countries Downloaded File wp16123.pdf on October 9 2017 from https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Syrias-Conflict-Economy-44033. Chart. But the SSPs provide a starting point on the implications for how development efforts and finance might be resourced and focussed in the coming decades . PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. . Making Finance Ministries Part of the Push for Net Zero Emissions, July 13, 2023 (April 7, 2023). Gapminder is an independent Swedish foundation with no political, religious or economic affiliations. (For several years we were too busy with other things, and failed to update this documentation. List of sovereign states in Europe by GDP Government Finance Statistics. Poorer countries see more deaths in the wake of natural disaster, are ranked as the most vulnerable to climate change by various climate vulnerability indices, and are more reliant on industry and income-sources that are the most likely to me impacted by climate change, such as agriculture. Penn World Table: We use data from the Penn World Table version 10.0 of the Groningen Growth and Development Centre, which is a platform for research on economic growth and development. This means that many countries moved their position in our bubble charts as the updated data changed drastically. which provides information on comparative economic growth and income levels over a very long period. WebGDP per capita measures the value of everything produced in a country during a year, divided by the number of people. The GDP per Capita, in Israel, when adjusted by Purchasing Power Parity is equivalent to 237 percent of the world's average. (April 7, 2023). Our data continues into the future up to 2026, based on forecasts from theIMF, in their World Economic Outlook 2021, April edition. Growth from 2016 to 2022 in constant price GDP per capita from IMF WEO database. A preliminary documentation of how we estimated it is available here, based on this paper: Jeanne Gobat ; Kristina Kostial IMF working paper on Syria Page 10, Table 2 in A IMf-working paper on Syria estimates the Real GDP and Composition (In billion 2000 Syrian pounds) Est. Beyond that point we have extended the series up to 2050. Even seemingly small differences in growth rates have huge implications over the different the timeframes in which poorer countries can reach current high-income levels, and in turn their ability to cope with climate impacts. The SSPs imply radically different futures. gross domestic product (GDP) per capita Were not claiming that this is what will happen. simon wren-lewis on Twitter World Economic Outlook (October 2022) - GDP per capita, current prices. Table 2. This site uses cookies to optimize functionality and give you the best possible experience. Data are in constant 2011 international dollars. A higher per capita GDP generally corresponds to higher income, consumption levels, and standards of Under SSP3again, the least optimisticthe number of countries above that level rise from 88 in 2020, to 118 in 2050, over half the countries in the world. We have applied the IMF expected changes rates on WB estimates. The Intergovernmental Panel on Climate Change (IPCC)s Sixth Assessment Report on climate change made one thing very clear: development will be crucial for coping with climate change. 1. Please create an employee account to be able to mark statistics as favorites. GDP Gross domestic product 2021, PPP (millions of Ranking Economy international dollars) 1 China 27,312,548 2 United States 22,996,100 PPP is purchasing power parity; an international IMF. GDP (2010 USD, PPP) 2060. Figure 2 shows the distribution of GDP per capita among todays ODA-eligible countries in 2050, according to SSP3 and SSP5. If the current trends for each country continued up to 2026, and if all countries at the end of the IMFs forecast will converge to a common global (and modest) growth rate of 2% per year, then what would the world look like? We have applied the IMF expected changes rates on WB estimates. GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Request webinar IMF. You only have access to basic statistics. 181 countries. This site uses cookies to optimize functionality and give you the best possible experience. Bulgaria was the EU Member State with the lowest GDP per capita, at 41 % below the EU average. GDP per capita v25 Request webinar IMF. Are you the owner of the domain and want to get started? GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. This is the previous version of GDP per capita published by Gapminder, and which was based on World Bank, IMF, and historical time series from the Maddison Database Project 2018 version, PWT 9.1 and GM-GDP per Capita v14 (documented and detailed based on multiple sources but mostly based on Agnus Maddison). Statista. Otherwise, we used PWT estimates. Excel file with data and summary meta-data of version 8 (xlsx) PWT version 10.0 is a database with information on relative levels of income, output, input, and productivity, covering 13 countries between 1950 and 2019. International Comparison Program (ICP) - World Bank Group Currently, the database is maintained and improved by the Groningen Growth and Development Centre. The gross domestic product (GDP) per capita (in PPP dollars) in Panama was forecast to continuously increase between 2023 and 2028 by 4.7 thousand PPP dollars (+14.34 percent). If you are an admin, please authenticate by logging in again. Gapminder uses cookies to improve its statistics and user experience. facts. Figure 2. CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. Projections of GDP are available from a number of key sources, outlined in Table 1 below. Show publisher information Were particularly interested in progress of lower-income countries. so if you have a table of them (PPP basis) you can easily share it would interesting to see thanks. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Read more at loopia.com/loopiadns . Here are the top 10 countries with the highest nominal GDP per capita in the world in 2023, measured in U.S. dollars: Luxembourg, Ireland, and Norway lead the ranking with more The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information International Household Survey Network (IHSN) In New Zealand, you can study for internationally-recognised qualifications at a wide range of educational institutions. GDP Per Capita For more details on previous versions, see the documentations below. GDP per capita, PPP (current international $) - Thailand An interactive map with estimated data for 2022 from the IMF, using GDP based on Following the definitions provided by the International Monetary Fund, this indicator describes the share of a country's gross domestic product in the global gross domestic product. 196 countries. We made an exception for countries with MPD data available for the year 1820 or earlier, where we then used MPD data without any adjustment. Our data continues into the future up to 2026, based on forecasts from the, IMF, in their World Economic Outlook 2021, April edition. Definition: GDP per capita based on purchasing power parity (PPP). United States GDP per capita PPP - 2022 Data - 2023 Forecast This site uses cookies to optimize functionality and give you the best possible experience. While the decline in LICs would be a positive story, it also calls into question appropriateness of certain funding models. ", IMF, Gross domestic product (GDP) per capita (in PPP dollars) in Colombia from 2006 to 2028 (in thousand PPP dollars) Statista, https://www.statista.com/statistics/1391991/gross-domestic-product-gdp-per-capita-in-ppp-dollars-colombia/ (last visited July 01, 2023), Gross domestic product (GDP) per capita (in PPP dollars) in Colombia from 2006 to 2028 (in thousand PPP dollars) [Graph], IMF, April 7, 2023. In the former case, the median country (currently between Maldives and Albania) would, by 2050, be roughly as rich as Argentina is today (with a GDP per capita of $19,000, at 2017 prices PPP). Business Solutions including all features. Share in the global GDP adjusted for PPP in Bolivia from 2006 to 2028 [Graph]. GDP per capita PPP GDP The gross domestic product (GDP) per capita (in PPP dollars) in Panama was forecast to continuously increase between 2023 and 2028 by 4.7 thousand PPP dollars (+14.34 By design, they also exclude the impact that climate change might have on growth, which could be substantial, especially for poorer countries. Many of these countries are already providers of development assistance in the form of south-south cooperation. , published in May 2022 in their World Development Indicators. While all the scenarios suggest that by 2050 there will be some dent in regional inequalities, it will not be significant in any of them. Top Losers in 2020: Out of 194 economies estimated by IMF, GDP per capita of 170 economies decreased in 2020. GDP per capita Before the World Bank series starts in 1990, we have used several sources: This is the previous version of GDP per capita published by Gapminder, and which was based on World Bank, IMF, and historical time series from the Maddison Database Project 2018 version, PWT 9.1 and GM-GDP per Capita v14 (documented and detailed based on multiple sources but mostly based on Agnus Maddison). those numbers are expressed in PPP 2015 and we have converted them to PPP 2011 which GDP per capita, consumption per capita and price Our data continues into the future up to 2027, based on forecasts from the, IMF, in their World Economic Outlook 2022, April edition. IMF World Economic Outlook. In particular, the funding decisions of institutions like the Global Fund and the World Banks IDA fund depend on whether or not a country is a LIC, and would therefore need to alter their aims and/ or funding models with so few countries eligible. Profit from the additional features of your individual account. What will financing needs be, who will provide it, and are country-level or global challenges (including climate) more pressing? April 7, 2023. You must also be aged 55 or under, and meet English language, health, and character requirements. Gross domestic product 2021, PPP - World Bank This means that many countries moved their position in our bubble charts as the updated data changed drastically. For more details about the changes between versions, see a detailed data file for v27, For transparency, we provide the files that we used to calculate this data, which can be found, Any questions about the data and suggestions for how to improve it are always very welcome, Fertility and income by quintile Documentation, HIV/AIDS: Prevalence and number of people, How the Households Incomes on Dollar Street are calculated, Excel file with data and summary meta-data. Compared to these two groups of forecasts, the US Department of Agriculture (USDA) strikes more of a balance with its decade-long time horizon and coverage of 181 countries. List of sovereign states in Europe by GDP Penn World Table: We use data from the Penn World Table version 10.0 of the Groningen Growth and Development Centre, which is a platform for research on economic growth and development. Learn more about how Statista can support your business. IMFDataMapper. . GDP per capita, PPP (current international $) International Comparison Program & Purchasing Power Parity. With a Government Finance Statistics Database. IMF Data Login to Loopia Customer zone and actualize your plan. We use GM-GDP per Capita v26 for the historical time series which are not available in the Maddison Project database or Penn World Table. In future publications we will take a closer look at long-term economic growth scenarios, the SSPs and their plausibility, and explore how (or whether) they should change the way we think about the future of development. We have a range of family categories to help partners, dependent children and parents of New Zealand citizens or residents to come to live in New Zealand. Gapminder is an independent Swedish foundation with no political, religious or economic affiliations. ASP Immigration Services Limited, our firm provides comprehensive immigration representation to clients located throughout New Zealand and the world. Share in the global GDP adjusted for PPP in Suriname from 2006 to 2028 [Graph]. Shared Socioeconomic Pathways Database. Growth from 2016 to 2022 in constant price GDP per capita from IMF WEO database. Learn more about how Statista can support your business. And while they are intended to cover a range of outcomes, some projections look fanciful (the Democratic Republic of Congos GDP is projected to be 30 times bigger by 2050 according to SSP5). Overview In 2022, Luxembourg and Ireland recorded the highest level of GDP per capita in the EU, at 161 % and 133 % above the EU average. Under SSP5, the median growth among these countries is projected to be 5.7 percent (amounting to a five-fold increase by 2050) and under SSP3, it is projected to be 2.2 percent (GDP per capita would roughly double). Each scenario is more optimistic about growth in ODA-eligible countries than the historical experience of the past 30 years (potential measurement issues aside). You only have access to basic statistics. If you are an admin, please authenticate by logging in again. so if you have a table of them (PPP basis) you can easily share it would interesting to see thanks. health, and social protection spending and GNI per capita (in PPP in $). The chosen projections cover 184 countries and are based on the OECDs ENV-Growth model (i.e. 94,566 during 2019-20. In, IMF. Before the World Bank series starts in 1990, we have used several sources: Gapminder v26:This is the previous version of GDP per capita published by Gapminder, and which was based on World Bank, IMF, and historical time series from the Maddison Database Project 2018 version, PWT 9.1 and GM-GDP per Capita v14 (documented and detailed based on multiple sources but mostly based on Agnus Maddison). @sjwrenlewis. For more details on previous versions, see the documentations below. GDP per capita, PPP in the European union. Ideas to action: independent research for global prosperity, 2023 Center for Global Development|Privacy Notice and Cookie Policy, Climate Finance Is the Elephant in the Room at COP26, Ten Times Bigger? In general, we connected Gapminder historical data in version 26 to MPD/ PWT data and adjusted the data based on the earliest available year with data in MPD or PWT.
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