Uk Gdp Per Capita Index Mundi

Over the last 20 years, GDP per capita based on PPP of Poland grew substantially from 10,819 to 31,939 international dollars rising at an increasing annual rate that reached a maximum of 10. [+] Defence Expenditure P. The GDP per Capita in the United Kingdom is equivalent to 340 percent of the world's average. Gross domestic product (GDP) is the central measure of national accounts, summarising the economic position of a country or a region; this well-known aggregate has traditionally been divided by the total number of inhabitants to create a proxy measure for analysing overall living standards, namely, GDP per capita. India's GDP was $10. Top 50 (UK) DMCA Contact Us ; Search. According to the Labour Force Survey figures in the report, of the 58. 40 USD in 1960. So everyone is doing fine, it's just that some are doing beter than others. Statistical analysis of 19 selected OECD countries for the period between 1950 and 2004 shows a very weak linear trend in the annual GDP per capita increment for the largest economies: the USA, Japan, France, Italy, and Spain. 92 one year ago. In the United States, which has both a high level of health spending per capita and a relatively high rate of real growth in spending, the share of GDP devoted to health care spending grew from 9%. At the end of 2008, it was estimated to be US$2. I divided 1. No claims are made regarding the accuracy of Nigeria Economy 2019 information contained here. dollars in 1960 and a maximum of 50134. United Kingdom from The World Bank: Data. It is the most obvious reflection of national income per person. (See List of countries by GDP (PPP) per capita. GDP Per Capita Formula. This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2019 and 2023 by IMF. Gross domestic product ranking table. Income statistics have been gathered during the last century, and there is no income data four centuries ago. uk 27 October 2011. No claims are made regarding theaccuracy of GDP - per capita (PPP) information contained here. 40 USD in 1960. We have selected the year of 1870 as a starting point. Why GDP per capita does not reflect a population's wealth The most common way to compare the economic development and average income between countries is to compare the GDP per capita, if possible at PPP so as to adjust the income to the cost of life. The results for 1950 with exchange rate conversion imply a per capita GDP of $85 in China and $172 in India (both in 1990 prices). 18 million square kilometres. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2019. Current US GDP Per Capita is 64,861. unit } { related. China would need 65% more overall nominal economic growth or a stronger currency to catchup to the overall US economy on a nominal basis. GDP per capita is the measure of the total output of a country where the Gross Domestic Product (GDP) is divided by the total population in the country. Its GDP per capita was only $43,120 because it must spread the wealth among 511 million people. The chart to the right measures the total cost of health care (public and private expenditures) as a percent of GDP (gross domestic product) for a few nations. In 2017 the GDP of Kenya was $79. Since the beginning of 2010, real GDP has risen by around 5¼ per cent and 1. It shows inflation-adjusted GDP per capita and median family income from 1947 (the earliest year for which the income data are available) to 2007. 4 Fiscal Balance (% of GDP) -5. That is not a success’ Andrew Anthony. The US is ranked 13th with a GDP per capita of $59,500, while the UK is ranked even lower. Mean: The average of a set of numbers. GDP per capita is gross domestic product divided by midyear population. In 2017, Kenya exported $6. IMF forecasts the US GDP PPP per capita to reach $62,518 in 2018, whereas the EU GDP PPP per capita would reach $43,120. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. 5 times growth rate of GDP. Visite o site do UNICEF no Brasil e saiba mais sobre o nosso trabalho pela garantia dos direitos e do bem-estar de cada criança e cada adolescente. gdp per capita for 2015 was $44,472 , a 5. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Slovenia, Cyprus, Estonia and Lithuania have a GDP per capita between 10 % and 20 % below the EU-28 average. This list contains projected GDP per capita of 192 Countries/Economies in current prices (U. Regional GDP per capita ranged from 29% to 611% of the EU average in 2016. GDP Per Capita = Real GDP / Population Relevance and Uses of GDP Per Capita Formula It is important to understand the concept of GDP per capita because it serves as a tool to measure the economic prosperity of a country which is also used to compare countries and rank them accordingly. Gross domestic product ranking table. Its GDP per capita was only $43,120 because it must spread the wealth among 511 million people. Average gross domestic product (GDP) per head, at current market prices in the United Kingdom (UK) from 2000 to 2018 (in 1,000 British pounds) Gross domestic product per capita in the United. Russia is characterized as having a mixed economy, where the state owns certain sectors. However, if it grows at 2 percent per year, it will take only 35 years to reach the US level. 000 USD in Dec 2018, compared with 24,408. The size of its GDP in terms of purchasing power parity is $4. The Office of Public Affairs (OPA) is the single point of contact for all inquiries about the Central Intelligence Agency (CIA). The chart to the right measures the total cost of health care (public and private expenditures) as a percent of GDP (gross domestic product) for a few nations. This makes it hard to argue that the EU is dragging the UK down. 92 one year ago. Gross domestic product (GDP) per capita United Kingdom 2024 (in U. Top 50 (UK) DMCA Contact Us ; Search. S dollars per person, for the latest year for which data is published. In 2016, regional GDP per capita, expressed in terms of purchasing power standards, ranged from 29% of the European Union (EU) in the average Bulgarian regionof Severozapaden , to 61% of the average in 1 Inner London - West in the United Kingdom. United Kingdom: GDP/cap growth, 5 years (%). 24 as of 2016. India has risen one rung to the 126th spot in the International Monetary Fund's ranking of countries based on their GDP per capita but remains at the bottom amongst the BRICS group. Dublin is the richest city by Per capita, at $115,094. Take Luxembourg’s GDP per head. Germany GDP per capita is $41,219. That is not a success’ Andrew Anthony. Japan basically caught up to the UK per capita GDP PPP and then matched UK per capita GDP growth. Real GDP forecast Real gross domestic product (GDP) is GDP given in constant prices and refers to the volume level of GDP. During the 20th Century, per capita income of the world more than quadrupled. United States (1,8) is present in both list of top ten GDP and GDP per capita ranking at nominal terms. This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2019 and 2023 by IMF. However, in Norway the cost of living is much higher (higher VAT, higher wages, higher rents). dollars) Gross domestic product (GDP) per capita of the United Kingdom (UK) in current prices from 2014 to 2024 (in U. Service output in June, annual % change. Its highest GDP was recorded in 2014 and its average GDP in the last 10 years is $2,684. The GNP per capita is estimated (2008) at US$260 per person. It presents the most current and accurate global development data available, and includes national, regional and global estimates. Dollars) Economy contracts in Q2 for first time in nearly seven years amid destocking and tumbling fixed investment The UK economy shrank 0. Per capita figures expressed per 1 population. Further background was given in an article in the March 1997 edition of the ONS publication Economic Trends. The GNP per capita is estimated (2008) at US$260 per person. UK Real GDP per capita in US constant 200 dollars (inflation-adjusted). 17 trillion while its GDP per capita is $44,549. China per capita GDP on a PPP basis is still 3 times less than Japan and the UK. Also See | Per Capita GDP The UK was not far behind, with a per capita income of $714. GDP per capita can compare two different. (see Data FAQs). CSV XML EXCEL. Median: The middle value in a distribution of numbers. The GDP per capita provides a much better determination of living standards as compared to GDP alone. Purchasing power parity means how much money would be needed to buy the same item in two different countries. Experts predicted that its GDP will continue to rise, which proved to be true as the latest data on GDP per capita per country suggests that Qatar is the richest country in the world in 2018. This page provides - Canada GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. The GDP per capita is obtained by dividing the country's gross domestic product, adjusted by inflation, by the total population. Economic growth during the 1990s and 2000s, with the GDP increasing 56% from 1999 to 2008, transformed Brunei into an industrialized country. Gross domestic product ranking table. According to a Fortune magazine report based on the IMF data. Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period of time. But, there are huge disparities of GDP per capita between countries. 74 USD in Dec 2016. Pakistan's GDP expected to grow by 3. To convert these metrics into indices between 0 and 1, the HIHD uses a different methodology from that of the HDI. Also See | Per Capita GDP The UK was not far behind, with a per capita income of $714. dollars in 2007. dollars) Gross domestic product (GDP) per capita of the United Kingdom (UK) in current prices from 2014 to 2024 (in U. United Kingdom — GDP per capita: $42,513 (£34,686) Getty. 30 May 2017 Achieving compliance with the International Health Regulations by overseas territories of the United Kingdom of Great Britain and Northern Ireland 29 October 2014 Potential cardiovascular mortality reductions with stricter food policies in the United Kingdom of Great Britain and Northern. UK GDP per capita in US current dollars (not inflation-adjusted). For example, GDP per capita in Norway is $98,102. 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. Discussion of Outliers -made box and whisker plots using fathom -negatively affect graphs if removed -Qatar: Highest GDP and a literacy rate of 96. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. Gross domestic product is the amount of goods and services produced inside a country. Dust from North Africa mingled with other aerosols in the skies over the United Kingdom (left of center) and Ireland (farther west) on 18 April 2003. nominal per capita gdp for a particular year/quarter is the monetary value of output using current prices (will change due to inflation) real gdp per capita takes into account inflation - adjusts it by constructing a price index (which measures how much a unit of money can buy) different types PPI/CPI and GDP deflator. One of the reliable ways of measuring a Nation's wealth is through their GDP (which means Gross Domestic Product) per capita. 47 per person. Estimates of GDP are released on a monthly and quarterly basis. US GDP Per Capita chart, historic, and current data. 47 per person. The gross domestic product (GDP) of The United Kingdom is $2,848. GDP per capita based on PPP of United Kingdom increased from 25,314 international dollars in 1999 to 45,705 international dollars in 2018 growing at an average annual rate of 3. Real GDP forecast Real gross domestic product (GDP) is GDP given in constant prices and refers to the volume level of GDP. The term does not tell you what people's salaries are, because in this type of calculation, the nation's total income is divided by the whole population - that is every single man, woman and child. 24 in 2016 and a minimum value of 492. Per capita means per person. It is the first time the nation has had a per capita recession since 2006. Trade in Value Added (December 2018). 8% 1997-2007. Further background was given in an article in the March 1997 edition of the ONS publication Economic Trends. Singapore GDP per capita is $52,888. The Seychelles has the highest GDP per capita of any African economy, according to the IMF. US dollars/capita 2017 United Kingdom US dollars/capita: Total US dollars/capita 1998-2017 United Kingdom (red), OECD - Total (black) Total US dollars/capita 2017 United Kingdom (red) Trade in goods and services Indicator: 29. 5% quarter-on-quarter expansion. 32%) people. Key results of our analysis (as summarised also in the accompanying video) include: View the infographics below for highlights of our GDP. National income is increasing by 1. 4 In order to remove this discontinuity, the 1995. It should be noted, however, that in some regions the GDP per capita figures can be significantly influenced by commuter flows. The GDP per Capita, in the United Kingdom, when adjusted by Purchasing Power Parity is equivalent to 226 percent of the world's average. GDP per capita (current LCU) The value for GDP per capita (current LCU) in United Kingdom was 29,878. This is an economic measurement used to compare two countries. GDP and per-capita GDP in all countries of the world since centuries ago. United Kingdom GDP per Capita is at a current level of 39953. at 10:47 am on May 19, 2017 | 0 comments. This page provides the latest reported value for - United Kingdom GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. GDP is the worth of all goods and services made in a country in a year. ) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. 550 since it has 126 million people. Ireland - GDP per capita (Euros) Economic growth surges in Q1. 5% of world GDP. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of June 30, 2015. The £ is very low vs the $ currently, - a return to the 1. Current US GDP Per Capita is 64,861. In 2016, regional GDP per capita, expressed in terms of purchasing power standards, ranged from 29% of the European Union (EU) in the average Bulgarian regionof Severozapaden , to 61% of the average in 1 Inner London - West in the United Kingdom. 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. 98 USD in Dec 2017, compared with 40,496. Definition of GDP - per capita (PPP): This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. GDP per capita, PPP (constant 2011 international $) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. GDP is the worth of all goods and services made in a country in a year. The GDP of Singapore was $307. The per capita GDP is especially useful. Based on UN and IMF figures, the United States has the largest GDP in the world at $20. However, in Norway the cost of living is much higher (higher VAT, higher wages, higher rents). The GDP per capita is estimated (2008) at US$1,100 per person. However GDP per capita is an even grimmer situation and when I calculated it a while back it showed a fall of 7% in the Euro era. Map showing the state wise per capita income of India from the year 1999 to 2013 and also find per capita net state domestic product at current prices. GDP per capita and Income per capita GDP per capita is nothing but GDP per person; the country’s GDP divided by the total population. real GDP per capita is in dollars and cannot be compared to Argonian real GDP per capita, which is in Argonian dollars. For example, the USA has a high GDP per capita, $45,000, but its Gini coefficient is around. The US ($1257 per cap) had achieved double Japan’s per capita GDP ($660) in 1820. United Kingdom: GDP/cap growth, 5 years (%). GDP's of Pakistan is missing in nominal methods and calculated by interpolation. AssetMacro Database holds data for the indicator UK GDP per capita since 1960. GDP is a perfect example of the muddle that reading league tables can cause. Posts Tagged ‘Countries with the lowest GDP per capita’ 10 Easiest and Hardest Countries to Conquer In our quest to find the 10 easiest and hardest countries to conquer we have come across. GDP 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. 8, compared with 81. United Kingdom's GDP per Capita (PPP) equals to 37,300 $ with a global rank of 29 compared to United States's GDP per Capita (PPP) which equals to 52,800 $ with a global rank of 13. United Kingdom's GDP Per Capita reached 42,506. GDP per capita copy. South Korea’s Per Capita GDP to Overtake Italy in 2018 South Korea’s per capita gross domestic product is expected to edge past Italy’s in 2018, the government predicted Sunday, based on. 27% higher today than 5 years prior in 2011. Key results of our analysis (as summarised also in the accompanying video) include: View the infographics below for highlights of our GDP. GDP's of Pakistan is missing in nominal methods and calculated by interpolation. 6 trillion (UN). In 2018, GDP per capita based on PPP for United Kingdom was 45,705 international dollars. In 1870 the global GDP per capita is estimated to be around 1,263 international-$ per year and this is already after some world regions have achieved economic growth. The GNP per capita is estimated (2008) at US$260 per person. Australia ranked first for GDP per capita amongst East Asia and Pacific in 2012. UK Real GDP per capita in US constant 200 dollars (inflation-adjusted). Belgium, Finland, the United Kingdom and France are the other EU Member States with a GDP per capita above the EU-28 average. 8% in the 1990s to 5. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2018. United Kingdom — GDP per capita: $42,513 (£34,686) Getty. 3% expansion in Q4 2018. United Kingdom GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2018, with an average number of 15,803. United Kingdom GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2017, with an average number of 14,262. at 10:47 am on May 19, 2017 | 0 comments. GDP figures for the US Territories of Guam , American Samoa and Northern Mariana Islands are based on Purchasing Power Parity from 2000. The £ is very low vs the $ currently, - a return to the 1. Therefore, even if you have a salary of $98,102 – it doesn’t go as far as elsewhere in the world. The GDP of London is higher than many of the African countries GDP. UK GDP 2014 = 2. Purchasing Power Parity Converted GDP Per Capita (Chain Series) for United Kingdom 2005 International Dollars per Person, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-09-17) Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for United Kingdom. The GDP per capita of the United Kingdom in 2009 was $34,619 the 19th highest in the world comparable to Belgium and Germany. 4 Fiscal Balance (% of GDP) -5. See also: GDP - per capita (PPP) map. dollars) of year 2019 and 2023. The Seychelles has the highest GDP per capita of any African economy, according to the IMF. London and Paris are the major and richest cities in Europe with a GDP of US$835 billion and US$822 billion respectively. Based on UN and IMF figures, the United States has the largest GDP in the world at $20. Growth in GDP per-capita measures the increase in the average economic well-being in the country, and adjusts gross GDP growth for whether the. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2017. One table uses U. The rate of growth is represented by a sum of two components – a monotonically decreasing trend and fluctuations related to the change in country-specific age population. Slovenia, Cyprus, Estonia and Lithuania have a GDP per capita between 10 % and 20 % below the EU-28 average. At the end of 2008, it was estimated to be US$2. United Kingdom has a quarterly GDP per capita, of €9,304 $9,304, €372 $372 higher than the same quarter last year, it was. It gives a. 59 (USD Billion). The percentage change in GDP per capita for the latest 5 years for which data is published. For a detailed explanation of the data presented here, please read: "Notes on Three Centuries of UK GDP and Seven Centuries of English GDP". By looking at the GDP per capita, or gross domestic product per capita, of each country around the globe, it is possible to rank countries based on wealth and then compare them to each other. British economic performance 1997-2007 was strong with GDP per capita growing faster than any other G6 country. 249m have come to the UK in the 8 years since 1997. In other words, low GDP per capita countries do not necessarily catch up with high GDP per capita ones, and the gap may even increase over long period of time. The other table uses 2011 PPP international US dollars (inflation-adjusted to 2011 dollars). GDP per Capita is calculated as (GDP/Population). Yachts are also big business in Monaco. The information collected for the GDP Per Capita (PPP) of The United Kingdom has been obtained from the Central Intelligence Agency. The economy of the United Kingdom is highly developed and market-orientated. 65 (USD Billion). It removes the effects of inflation from one year to the next. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2017. 8 Unemployment Rate 7. 'India moves up one notch to 126 in GDP per capita terms' According to IMF data, India's GDP per capita rank has improved. ) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. GDP per capita is a measure that results from GDP divided by the size of the nation's overall population. United Kingdom — GDP per capita: $42,513 (£34,686) Getty. 5 mark for example would instantly boost the UK GDP per capita level by 15%, & would be likely to. per capita, and GDP per employed person, it is necessary to express GDP in a common currency unit. Posted on 27 Nov 2009. United Kingdom from The World Bank: Data. Over time, growth in real GDP per capita also correlates to an increase in income for the country's poorest citizens. For example, GDP per capita in Norway is $98,102. How to use per capita in a sentence. gross domestic product (GDP) per capita (to assess standard of living). 249m have come to the UK in the 8 years since 1997. 16%, compared to 1. On the world scale, it now ranks as the fourth largest economy in terms of nominal GDP. 550 since it has 126 million people. 5 per cent in Poland’s favor, it would take no less than half a century to make up for the difference in the GDP per capita between Poland and Germany. Per capita means per person. GDP per capita copy. 'GDP per capita versus median household income: What gives rise to divergence over time?'. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2019. United Kingdom - GDP per capita (U. India's GDP was $10. [email protected] Then get the equivalent figure for Britain: I used the latest Treasury figures ( here. 0 Trillion in 2014. United Kingdom's GDP per Capita (PPP) equals to 37,300 $ with a global rank of 29 compared to United States's GDP per Capita (PPP) which equals to 52,800 $ with a global rank of 13. To convert these metrics into indices between 0 and 1, the HIHD uses a different methodology from that of the HDI. For example, the GDP for the United States in 2014 was $16. But the population aged 16 and older has grown by 1. The gross domestic product (GDP) of The United Kingdom is $2,848. However GDP per capita is an even grimmer situation and when I calculated it a while back it showed a fall of 7% in the Euro era. Jan 26, 2017 · UK GDP figures show solid end to 2016 despite Brexit vote said the recovery since the 2008 financial crash had been much slower than after previous recessions on a GDP per capita basis (growth. 24 in 2016 and a minimum value of 492. Although GDP per capita is often used as a broad measure of average living standards, high levels of GDP per capita do not necessarily mean high levels of household disposable income, a key measure of average material well-being of people. The analysis looks at 2017 health data from the OECD Health Statistics database and the National Health Expenditure Accounts. If you didn't use real GDP, you might think the country experienced growth when it really just suffered from rising prices. and World Cities by Population. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2017. 177 USD in Dec 2017. This page provides - Canada GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. Conversely, at just US$247, South Sudan has the world's lowest GDP per capita, and many countries, predominantly in Africa, have a GDP per capita below US$1000. 6 trillion (UN). Per capita income is a measure of a country's living standard. Also See | Per Capita GDP The UK was not far behind, with a per capita income of $714. Gross Domestic Product (GDP) per Capita, 1300-1800 - Grantham Research Institute on climate change and the environment [email protected] World rank and compare to world economy. 75 per cent on a quarterly basis. The UK's per capita GDP relative to the EU founding members' declined steadily from 1945 to 1972. Purchasing power parity means how much money would be needed to buy the same item in two different countries. unit } { related. Source: World Bank > UK > UK GDP Per Capita Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. Country comparison Sweden vs United Kingdom 2019 Country comparison, you can compare any two countries and see the data side by side. Philippe Legrain: Why immigration boosts GDP per capita London School of Economics academic Philippe Legrain tells the Lords economic affairs committee why he thinks immigration boosts the economy. Andrew Sentance, who was a member of the Bank of England's (BoE) interest-rate setting committee in 2006-2011, this week posted on Twitter the first chart here, showing that in the period 1972-2017, average GDP per capita of the G7 (Group of Seven industrialised nations) was highest in Japan, followed by the United Kingdom, the United States and Germany, Canada, France and Italy. Oxford Economics says the per capita GDP in the UK will soon exceed that in the U. Its GDP per capita was $44. dollar is worth 6 Argonian dollars) and reached 9 on August 1, 2008. GDP and per-capita GDP in all countries of the world since centuries ago. Regional GDP per capita ranged from 29% to 611% of the EU average in 2016. Real GDP per capita If we look at real GDP per capita, the recovery looks much weaker, with real GDP per capita barely overtaking the level seen in 2007. 92 one year ago. 5553 euros (33393. Source: World Bank > UK > UK GDP Per Capita Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA. The World Bank highlights the role of tourism in the country’s economic growth. The United Kingdom is made up of England, Scotland, Wales, and Northern Ireland. 8% in the 1990s to 5. Key results of our analysis (as summarised also in the accompanying video) include: View the infographics below for highlights of our GDP. Is this right? Thanks. GDP Per Capita Formula. A rising population (of which net immigration accounts for around half) has definitely helped boost real GDP more than real GDP per capita. After Severozapaden in Bulgaria (29% of the average), the lowest regions in the ranking were Mayotte in France. Boards > Community Central > The Vestibule > Countries by GDP per Capita - 2050 > Countries by GDP per Capita - 2050 Discussion in ' The Vestibule ' started by Viking11 , Sep 14, 2017. 4 billion today to more than 9 billion in 2040, and a process of urbanisation that adds a city the size of Shanghai to the world’s urban population every four months are key forces that underpin our projections. 279 trillion. The primary World Bank collection of development indicators, compiled from officially-recognized international sources. 82 Million at KeyOptimize. One of the reliable ways of measuring a Nation's wealth is through their GDP (which means Gross Domestic Product) per capita. The GDP per capita is obtained by dividing the country's gross domestic product, adjusted by inflation, by the total population. [email protected] The percentage change in GDP per capita for the latest 5 years for which data is published. how come Ireland's per capita GDP so high? When Google sell advertising in the UK, several European Countries and even Australia, that becomes an Irish Export. Service output in June, annual % change. A rising population (of which net immigration accounts for around half) has definitely helped boost real GDP more than real GDP per capita. Gross domestic product is the amount of goods and services produced inside a country. Income per capita is a measure of income earned per person in a country within a given period of time. By looking at the GDP per capita, or gross domestic product per capita, of each country around the globe, it is possible to rank countries based on wealth and then compare them to each other. 31% decline from 2014. Also See | Per Capita GDP The UK was not far behind, with a per capita income of $714. Populations shown for the Most Populous Countries and on the world map are projected to July 1, 2019. Per capita figures expressed per 1 population. 7 Money (annual variation in %) 5. United Kingdom GDP per Capita Growth is at 1.