)note: data are in 2017 dollars, $127.509 billion (2021 est. )note: data are in 2017 dollars, $3.868 billion (2021 est. )$3.273 billion (2013 est. @huff_joelsymnds @LibertyCappy "The Per capita income of the United States is 5.78 and 3.61 times higher than that of China in nominal and PPP terms, respectively. )$1.083 trillion (2017 est. )$2.761 billion (2019 est. )$6.313 billion (2020 est. )note: data are in 2017 dollars, $46.452 billion (2021 est. They were placed on your computer when you launched this website. )$1.488 billion (2019 est. )note: data are in 2017 dollars, $20.01 billion (2017 est. )$141.445 billion (2020 est. )note: data are in 2017 dollars, $270.062 billion (2021 est. . )$174.388 billion (2019 est. Real personal income per capita is income per person adjusted for state price level differences and national inflation, according to the Bureau of Economic Analysis. Opinions expressed by Forbes Contributors are their own. )$51.993 billion (2020 est. )$18.716 trillion (2020 est. )note: data are in 2017 dollars, $123.348 billion (2021 est. )$24.152 billion (2020 est. )$845 million (2014 est. )note: data are in 2017 dollars, $38.628 billion (2021 est. Updated country income classifications are available here. )$96.636 billion (2019 est. GDP per capita based on PPP by country, 2021 - knoema.com The richest area currently in Europe is London and Paris, with a total economic output of $835 billion and $822 billion, respectively. 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 For a better glimpse of incomes in the United States, looking at per capita income can be helpful. note: data are in 2017 dollars$4.788 billion (2019 est. For more information, see Federal Recovery Programs and BEA Statistics. All Rights Reserved. )$3.944 billion (2019 est. )note: data are in 2017 dollars, $55.169 million (2021 est. Lesson Plan: 2021 World Population Data Sheet | PRB The price level is determined by the average prices paid by consumers for the mix of goods and services consumed in each region. )$37.619 billion (2020 est. )note: data are in 2017 dollars, $39.613 billion (2021 est. )$26.907 billion (2019 est. )$31.874 billion (2020 est. )$3.2 billion (2009 est. )note: data are in 2017 dollars, $500 million (2017 est. )$1.889 billion (2019 est. )$38.434 billion (2020 est. )note: data are in 2017 dollars, $578.254 billion (2021 est. )note: data are in 2017 dollars, $9.279 trillion (2021 est. ), $37.546 billion (2021 est. )$162.7 million (2009 est. )note: data are in 2017 dollars, $19.399 billion (2021 est. )$211.966 billion (2020 est. Regional price parities (RPPs) are regional price levels expressed as a percentage of the overall national price level for a given year. )$214.655 billion (2019 est. )$54.89 billion (2019 est. )$3.11 trillion (2019 est. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, )note: data are in 2017 dollars, $3.048 trillion (2021 est. )note: data are in 2017 dollars, $2.344 billion (2021 est. )$3.534 billion (2020 est. )note: data are in 2017 dollars, $986.134 billion (2021 est. )$33.832 billion (2019 est. The expenditure weights for each category are constructed using BEA PCE and Census ACS housing rents expenditures.2, The CPI price levels and the ACS housing rents are combined with the expenditure weights using a multilateral aggregation method that expresses a region's price level relative to that of the United States.3. )$81.511 billion (2019 est. The top 5 countries also includes Singapore, Ireland, Qatar, and Switzerland. )$113.083 billion (2019 est. Regional Price Parities and Implicit Regional Price Deflators, by Metropolitan Area, 2020, These data have been superseded. Implicit regional price deflator. Here are the top 10 states with the highest real per capita incomes, as well as their corresponding nominal per capita incomes (real per capita income figures are in constant 2012 dollars): In all these cases, nominal per capita personal income is higher than real, as expected since nominal figures do not account for inflation and regional price differences. )$91.669 billion (2020 est. In Utah, Idaho, and Montana current-dollar PCE increased while their implicit regional price deflators decreased 1.0 percent, 0.7 percent, and 0.6 percent respectively (table2). Find out how good a country could be if it upgraded it's GDP data. WebGDP Per Capita by Country GDP Per Capita CAGR Growth GDP Per Capita - Quality Raitings Inequality Inequality Index Gini Coefficient Gini Year Debt Debt-to-GDP Ratio by Web13 economic data series with tags: USA, GDP, Per Capita, PPP. PPP )$413.365 billion (2020 est. Our website uses cookies to improve your online experience. )note: data are in 2017 dollars, $149.474 million (2021 est. Got a confidential news tip? )$28.635 billion (2019 est. )$2.867 billion (2019 est. )note: data are in 2017 dollars, $3.246 trillion (2021 est. )$8.665 billion (2019 est. )$58.094 billion (2020 est. Per Capita )$136.702 billion (2020 est. )note: data are in 2017 dollars, $167.804 billion (2021 est. )note: data are in 2017 dollars, $39.351 billion (2021 est. )note: data are in 2017 dollars, $167.4 million (2011 est. )$597.165 billion (2019 est. )note: data are in 2017 dollars, $5.126 trillion (2021 est.) )note: data are in 2017 dollars, $30.141 billion (2021 est. )$3.361 billion (2020 est. )note: data are in 2017 dollars, $2.418 trillion (2021 est. )note: data are in 2017 dollars, $73.63 billion (2017 est. U.S. home prices rose by 24% between November 2019 and November 2021, according to the Federal Reserve Bank of San Francisco, driven by factors such as shifting demand and regional moves. )$531.455 billion (2020 est. )$11.346 billion (2020 est. )note: data are in 2017 dollars, $2.413 billion (2015 est. )$134.049 billion (2019 est. )note: data are in 2017 dollars, $270.143 billion (2021 est. )$2.122 billion (2019 est. )$105.85 billion (2019 est. Data source: World Economics Research, London and )note: data are in 2017 dollars, $618.228 billion (2021 est. )$133.757 billion (2019 est. )$297.372 billion (2019 est. Its area of 18,941 km2 (7,313 sq mi) is far larger than the administrative territory of le-de-France, which includes Paris (12,012 km2 (4,638 sq mi). 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). 2030 is only 8 years away, by making very modest assumptions about economic growth it is possible to project forward economic data to 2030. )note: data are in 2017 dollars, $992.675 billion (2021 est. )note: data are in 2017 US dollars, $790.625 billion (2021 est. GDP at purchaser's 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. )$99.488 billion (2020 est. Click the charts or button below to see more charts showing the world economy of today and how it could look in 2030. Real state PCE is a state's current-dollar PCE adjusted by the state's regional price parity and the national PCE price index. )$472.495 billion (2019 est. Data are in constant 2011 international dollars. )$22.996 trillion (2020 est. BEA will incorporate the Census Bureau midyear population estimates based on the 2020 census results when they become available. )$182.165 billion (2020 est. Read on to find out real per capita income by state. )note: supplemented by annual payments from France of about $60 million, $1.429 billion (2021 est. )$2.322 trillion (2020 est. )note: data are in 2017 dollars, $249.636 billion (2021 est. Annual Electricity Generation. )note: data are in 2017 dollars, $100.648 billion (2021 est. )$2.309 trillion (2020 est. Dublin has the highest per-person income, at $115,094. 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 )note: data are in 2017 dollars, $1.832 trillion (2021 est. )$12.162 billion (2019 est. 2021 source data is projected forward for 2022 using the latest IMF growth estimates. )$35.007 billion (2020 est. Per capita )$215.3 million (2006 est. )note: data are in 2017 dollars, $23.12 billion (2021 est. )$315.42 million (2019 est. Prospective buyers are welcomed by real estate agents at an open house in West Hempstead, New York on April 18, 2021. United States Price indexes commonly measure price changes over time. )$201.65 billion (2020 est. )$18.644 billion (2020 est. 5 Steps To Catch Up Your Investing If You Feel Behind, The Supreme Courts Affirmative Action Ruling Will Have Other Impacts, Las Vegas And The Washington, D.C. Introducing Purchasing Power Parity One of the major drawbacks of using GDP per capita is that it doesnt account for the strength of the local currency versus its exchange rate, the latter of which is heavily influenced by investment flows and demand for the national currency. 185. )$38.465 billion (2019 est. Current account balance as a share of GDP. )note: data are in 2017 dollars, $206.4 million (2015 est. )note: data are in 2017 dollars, $147.942 billion (2021 est. )$884.192 million (2020 est. )$184.447 billion (2020 est. )$112.612 billion (2020 est. County data are then aggregated to states and metropolitan areas. )$61.9 billion (2013 est. )$394.369 million (2019 est. 2030 is only 8 years away, by making very modest assumptions about economic growth it is possible to project forward economic data to 2030. )$893.251 billion (2020 est. WebIn 2019, GNI per capita based on PPP for United States of America was 66,060 international dollars. )$5.638 billion (2019 est. )note: data are in 2017 dollars, $103.007 billion (2021 est. )note: data are in 2017 dollars, $13.597 billion (2021 est. There are 22 states that have real per capita incomes that exceed the U.S. per capita income average of $53,504. )note: data are in 2017 dollars, $339.472 billion (2021 est. )$31.098 billion (2020 est. )$495.557 billion (2019 est. )$77.996 billion (2020 est. )note: data are in 2017 dollars, $63.03 billion (2021 est. )$27.212 billion (2020 est. )$106.28 billion (2020 est. )$155.639 billion (2019 est. )$1.233 trillion (2020 est. )$6.963 billion (2015 est. )$984.912 billion (2019 est. Region Are Making Suckers Bets On Publicly Funded Sports Stadiums. )note: data are in 2017 dollars, $146.305 billion (2021 est. )$5.697 billion (2015 est. An example of these types of indexes are purchasing power parities, which measure differences in price levels across countries for a given period and can be used to convert estimates of per capita gross domestic product into comparable levels in a common currency. )$56.543 billion (2019 est. )$2.198 trillion (2020 est. )$593.185 billion (2020 est. )$3.513 billion (2019 est. Data source: World Bank, Washington D.C., IMF, Washington D.C. and World Economics Research, London, GROSS DOMESTIC PRODUCT PER CAPITA (REAL PPP IN 2017 PRICES), Environmental, Social & Governance Indexes, Data for individual countries by using country lists, GDP Per Capita (PPP 2017 Constant Prices): All Countries, 1 Ivory Square, Plantation Wharf, London, SW11 3UE. )note: data are in 2017 dollars, $1.44 billion (2018 est.) Using Alabama in 2020 as an example: Total real PCE in the United States is derived as the sum of the regional estimates and net expenditures abroad by U.S. residents divided by the U.S. PCE price index. )$40.384 billion (2019 est. )note: data are in 2017 dollars, $27.136 billion (2021 est. )$19.166 billion (2020 est. )$86.859 billion (2018 est. )$247.304 million (2019 est. )$738.364 million (2020 est. )$40.27 billion (2019 est. )note: data are in 2017 dollars, $515.88 billion (2021 est. Download all data featured on World Economics in a simple and consiatant format. )$24.49 billion (2019 est. )$50.894 billion (2020 est. )$463.574 billion (2020 est. The average value for the USA during that period was Real GDP (purchasing power parity) - The World Factbook per capita )$334.751 billion (2017 est. Greenwich is a town in Fairfield County, Connecticut, United States. )$119.327 billion (2019 est. An international dollar (int$) has the same purchasing power over GDP as a United States dollar. WebA nation's 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 United States - GDP Per Capita, PPP (current International $) )$362.632 billion (2020 est. )$262.343 billion (2020 est. )$319.019 billion (2019 est. )$55.8 billion (2014 est. )$100.446 billion (2019 est. )$1.259 trillion (2019 est. )note: data are in 2017 dollars, $5.482 billion (2021 est. )$5.227 billion (2019 est. This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or numeraire currency. What are PPP adjustments and why do we need them? The average value for the USA during that period was 52100.23 U.S. dollars with a minimum of 39876.02 U.S. dollars in 1991 and a maximum of 63669.71 U.S. dollars in 2021. )$2.012 billion (2018 est. Find out how good a country could be if it upgraded it's GDP data. )$330.34 billion (2019 est. These are allocated to counties in combination with direct price and expenditure data on housing rents from the American Community Survey. GDP per Capita in United States is estimated to be $64,152 international dollars at the end of 2022. )$661.233 billion (2019 est. One Federal Reserve Bank Plaza, WebDefinition 1 / 45 True Click the card to flip Flashcards Test Created by vchencat Terms in this set (45) The purchasing power parity for different countries is adjusted (up or down) depending upon whether a country's cost of living is lower or higher than the cost of living in the United States. )$933 million (2015 est. GNI per capita, Atlas method (current US$) - United States | Data )$2.053 billion (2019 est. List of countries by GNI (PPP) per capita - Wikipedia A balancing factor is applied so that the sum of personal income at RPPs across regions equals the current-dollar sum. )note: data are in 2017 dollars, Saint Helena, Ascension, and Tristan da Cunha, Center for the Study of Intelligence (CSI). )$88.872 billion (2019 est. )$8.791 billion (2015 est. )$22.522 billion (2020 est. )note: data are in 2015 US dollarsthe war-driven deterioration of the economy resulted in a disappearance of quality national level statistics in the 2012-13 period, $1.143 trillion (2019 est. Implicit regional price deflator is the product of the RPP times the national PCE price index. )note: data are in 2015 US dollars, $39.063 billion (2021 est. )$2.35 trillion (2019 est. )$110.404 billion (2020 est. $2.289 trillion (2021 est. )note: data are in 2017 dollars, $6.648 billion (2021 est. United States GDP per capita )note: data are in 2017 dollars, $1.261 billion (2021 est. ), $5.569 billion (2016 est. )note: data are in 2017 dollars, $754.645 billion (2021 est. )$108.9 million (2004 est. )$149.798 billion (2019 est. Which country (or countries) is the wealthiest in terms of GNI PPP? )$28.541 billion (2019 est. )$43.653 billion (2019 est. GDP per capita in the USA and other countries is calculated as the Gross Domestic Product (GDP) divided by the population. WebGNI per capita, Atlas method (current US$) - United States from The World Bank: Data )note: data are in 2017 dollars, $155.028 billion (2021 est. )$72.356 billion (2019 est. )$79.733 billion (2019 est. )$1.538 billion (2017 est. ), $173.582 billion (2021 est. )$471.223 billion (2020 est. )note: data are in 2017 dollars, $92.331 billion (2019 est. More from Personal Finance:Americans expect to need nearly $1.3 million to retire comfortablyHow many credit cards should you have? note: data are in 2017 dollars$1.436 billion (2018 est. )$1.629 billion (2020 est. This is a very specific type of stimulus that injected cash into certain areas, and it seems to have played a pretty significant role. Please see our, EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, Tuesday, December 14, 2021, 4600 Silver Hill Road Suitland, MD 20746, Federal Recovery Programs and BEA Statistics, Regional Price Parity Methodology Revisions, Real Personal Consumption Expenditures and Personal Income by State, 2020. )$70.45 billion (2020 est. )$14.225 billion (2019 est. )$109.088 billion (2020 est. )note: data are in 2017 dollars, $884.106 billion (2021 est. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller. )$100.581 billion (2020 est. )note: data are in 2017 dollars, $326.186 billion (2021 est. English only 78.2%, Spanish 13.4%, Chinese 1.1%, other 7.3% (2017 est.) )note: data are in 2017 dollars, $2.478 trillion (2021 est. )$753.6 billion (2020 est. )$37.79 billion (2019 est. )note: data are in 2017 dollars and includes Gaza Strip, $134.08 trillion (2021 est. ), $26.779 billion (2021 est. It's not zero, say experts, Here's how workers use side gigs to make ends meet while unemployed. )$20.584 billion (2019 est. )$20.995 billion (2020 est. )$20.247 billion (2019 est. )$936.113 billion (2020 est. )note: data are in 2017 dollars, $91.759 billion (2021 est. )note: data are in 2017 dollars, $9.052 billion (2021 est. )$681.844 billion (2020 est. )note: data are in 2017 dollars, $115.093 billion (2021 est. )$4.786 billion (2019 est. Personal income at RPPs is current-dollar personal income divided by the price parity for a given year and region. Real personal income is personal income at RPPs divided by the national PCE price index. GDP (PPP) per capita (Int. )$96.945 billion (2020 est. )$33.382 billion (2019 est. This is a BETA experience. )$1.272 billion (2020 est. Across states, the percent change in real personal income ranged from 9.8 percent in Idaho to 1.6 percent in Alaska (table 1). )note: data are in 2017 dollars, $146.323 billion (2021 est. Estimates of real personal income in the United States are derived as the sum of the regional estimates divided by the U.S. PCE price index. Table 1. GROSS DOMESTIC PRODUCT PER CAPITA (REAL PPP IN 2017 PRICES), World Economics Rates United States's Offical GDP Per Capita Data as, United States|#FE1800|11463.1694179055, 11421.1300006253, 10217.8695925328, 8636.21841303057, 9422.14060840316, 9588.36138269172, 10237.6373735127, 8950.86798327197, 9652.49535484001, 9071.7397622826, 9926.49546128628, 11613.4704090494, 11445.0087132953, 12844.255628998, 13271.2989502736, 11729.4443504095, 14328.9944785531, 12959.166607234, 11732.1558242509, 12617.9657087921, 12757.2826751996, 13671.2934350824, 15050.3881404937, 14681.5134716053, 15268.5480225488, 14554.2534484426, 13284.4699483812, 13495.8634914989, 13450.4907810639, 13497.6088062163, 15483.0038601316, 15713.6676605012, 15825.290983864, 13942.7332952418, 15081.3871938978, 16393.2955652695, 17624.6984259311, 17495.3069895251, 18496.4053614669, 17661.593534503, 21223.1232613247, 20203.8206198517, 16512.7408441265, 15434.6336333111, 15739.6496073202, 17141.8452822023, 18177.6951325151, 20280.5974768469, 17361.7871245858, 17916.79529425, 20208.9367583555, 20915.6930156581, 22485.6299447693, 21285.509973899, 22925.2498796358, 25862.7458011409, 26897.7808413828, 26843.4865240768, 30183.2594531388, 24770.4805676534, 22846.6899414607, 19865.7972044357, 23503.0691517737, 24716.0630939943, 25726.5333959787, 26030.3423968417, 27868.7064098676, 27647.9606845806, 27448.9643169436, 27437.1540945063, 24727.7701421431, 24526.4833363149, 27133.1945804085, 27460.3668233948, 29681.5590388982, 31252.1772599378, 31811.2839420551, 32093.6271908179, 32460.1726416572, 34521.9910205461, 34485.2359530202, 35664.8215665088, 37314.4155905615, 36981.8391772627, 36960.2217046624, 36681.3225132968, 37069.1228974733, 33262.9865938168, 33379.937614025, 33432.260358169, 32809.9923812188, 31874.0187985002, 32287.370263028, 31647.6027626907, 32549.7670457454, 31344.1459599255, 31402.453795487, 33254.5591553594, 34214.9813543837, 33952.8377730964, 33130.0551970715, 32955.9578914951, 33688.7118371518, 35343.9901945364, 36419.1031142191, 36508.3149160978, 38072.9423761087, 40045.34066209, 42052.4177850576, 42451.4587349797, 38105.143788632, 35539.2351641923, 34822.554504627, 35006.8024194759, 37751.9322889365, 40366.0938956301, 39984.1229481654, 40116.4564363348, 40099.4270897141, 39675.3360524514, 40681.1141666171, 41391.6569631538, 42614.4379583808, 43276.0436312094, 44377.8886865185, 45775.1115777068, 47224.8290379007, 48870.5278414635, 50316.3358461666, 50301.3716608001, 50701.5850746948, 51695.8656101205, 53193.701240588, 54569.9514520483, 55606.6145579142, 56112.9093117314, 55504.9451029753, 53598.6073256589, 54491.7293857961, 54879.9202110626, 55674.9373636263, 56278.1909918588, 57246.880524086, 58491.411911261, 59014.942724375, 59939.4261757424, 61314.6540776602, 62338.7092465377, 60258.4592292725, 63474.3821435006, 64151.7618943198. )$34.615 billion (2019 est. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. )$25.599 billion (2020 est. )note: data are in 2017 dollars, $106.5 billion (2021 est. GDP in United States is estimated to be $21.478 trillion international dollars at the end of 2022. This page in: English; GNI per capita, PPP (constant 2017 international $) GNI per capita growth (annual %) GNI per capita (constant 2015 US$) )note: data are in 2017 dollars, $32.221 billion (2021 est. )note: data are in 2017 dollars, $216.948 billion (2021 est. The 2020 estimates of real PCE and personal income by state were impacted by the response to the spread of COVID-19, as governments issued and lifted "stay-at-home" orders and government pandemic assistance payments were distributed to households and businesses. )$28.127 billion (2019 est. Find out how good a country could be if it upgraded it's GDP data. United States )note: data are in 2017 dollars, $5.236 billion (2021 est. )$70.694 billion (2020 est. )$1.752 trillion (2020 est. Click the charts or button below to see more charts showing the world economy of today and how it could look in 2030. )$76.711 billion (2020 est. $651.247 million (2021 est. )$1.766 billion (2019 est. )note: data are in 2017 dollars, $24.49 billion (2021 est. )$3.451 billion (2014 est. )$23.909 billion (2020 est. )$4.354 billion (2018 est. The description is composed by our digital data assistant. However, because of lower costs of living in southern states, many of these 10 states actually have real per capita incomes that are higher than their nominal per capita income figures. )$318.662 billion (2019 est. WebMedian income (US$, PPP) Year 1 United States: 46,625: 2021 2 Luxembourg: 44,270: 2019 3 Norway: 40,720: 2020 4 Canada: 38,487: 2020 5 Switzerland: 37,946: 2019 6 Here are the 10 states with the lowest per capita incomes: In Mississippi, the nominal per capita income is $1,155 lower than the corresponding real per capita income in the state, $42,129 versus $43,284. )$24.787 billion (2020 est. ), $2.001 billion (2014 est. )note: data are in 2017 dollars, $29.658 billion (2021 est. )$1.137 trillion (2020 est. 2030 is only 8 years away, by making very modest assumptions about economic growth it is possible to project forward economic data to 2030. per capita The description is composed by our digital data assistant. )$40.287 billion (2020 est. )note: data are in 2017 dollars. )note: data are in 2017 dollars, $428.016 billion (2021 est. )note: data are in 2017 dollars, $19.962 billion (2021 est. )$10.094 billion (2020 est. )$245.727 billion (2020 est. )$28.864 billion (2020 est. )$97.103 billion (2020 est. )$234.438 billion (2019 est. )note: data are in 2017 dollars, $4.978 billion (2014 est. )$211.296 billion (2018 est. )$11.075 billion (2019 est. )$74.364 billion (2019 est. However, we cant compare these two per capita figures since they are in different unitsdollars and yuan. Luxembourg is the top country by GDP per capita based on PPP in the world. Per Capita The new )$3.42 billion (2013 est. Covid-era Paycheck Protection Program fraud may have contributed to home price inflation in certain U.S. markets, research suggests. )$281.049 billion (2020 est. )note: data are in 2017 dollars, $36.589 billion (2021 est. )$4.47 billion (2019 est. )note: data are in 2017 dollars, $74.045 billion (2021 est. )$6.903 billion (2020 est.
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