The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in the European Union average, which is set to equal 100. If the country's index is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. As of 2024, ********* and ********** GDP per capita amounted to ** PPS, the highest level among Central and Eastern European countries but lower than the EU average.
This statistic displays the gross domestic product (GDP) per capita in purchasing power standards (PPS) in the European Union (EU-28) in 2017, by country. In relation to the EU28 average set at 100 PPS, the gross domestic product of Luxembourg in the year 2017 was *** PPS.
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Data from 1st of June 2022. For most recent GDP data, consult dataset nama_10_gdp. Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU27_2020 = 100, is intended for cross-country comparisons rather than for temporal comparisons."
Copyright notice and free re-use of data on: https://ec.europa.eu/eurostat/about-us/policies/copyrightThe gross domestic product (GDP) per capita in purchasing power standards (PPS) has been growing constantly since 2005 in Romania. In relation to the EU27 average set at 100 PPS, the gross domestic product of Romania in the year 2023 was ** PPS.
Gross domestic product (GDP) is a measure for the economic activity. It refers to the value of the total output of goods and services produced by an economy, less intermediate consumption, plus net taxes on products and imports. GDP per capita is calculated as the ratio of GDP to the average population in a specific year. Basic figures are expressed in purchasing power standards (PPS), which represents a common currency that eliminates the differences in price levels between countries to allow meaningful volume comparisons of GDP. The values are also offered as an index calculated in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Please note that this index is intended for cross-country comparisons rather than for temporal comparisons. Finally, the disparities indicator offered for EU aggregates is calculated as the coefficient of variation of the national figures. This time series offers a measure of the convergence of economic activity between the EU Member States.
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This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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MIP23 - European Gross Domestic Product (GDP) per capita in Purchasing Power Standards (PPS). Published by Eurostat. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).European Gross Domestic Product (GDP) per capita in Purchasing Power Standards (PPS)...
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The Gross Domestic Product per capita in the United States was last recorded at 75491.61 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in the United States, when adjusted by Purchasing Power Parity is equivalent to 425 percent of the world's average. This dataset provides - United States GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product per capita in Germany was last recorded at 62829.80 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Germany, when adjusted by Purchasing Power Parity is equivalent to 354 percent of the world's average. This dataset provides the latest reported value for - Germany GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Gross domestic product (GDP) is a measure for the economic activity. It refers to the value of the total output of goods and services produced by an economy, less intermediate consumption, plus net taxes on products and imports. GDP per capita is calculated as the ratio of GDP to the average population in a specific year. Basic figures are expressed in purchasing power standards (PPS), which represents a common currency that eliminates the differences in price levels between countries to allow meaningful volume comparisons of GDP. The values are also offered as an index calculated in relation to the European Union average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Please note that this index is intended for cross-country comparisons rather than for temporal comparisons. Finally, the disparities indicator offered for EU aggregates is calculated as the coefficient of variation of the national figures. This time series offers a measure of the convergence of economic activity between the EU Member States.
Czechia had the highest gross domestic product (GDP) per capita based on purchasing-power-parity (PPP) among Central and Eastern European (CEE) countries in 2024, at an estimated ** thousand 2017 international U.S. dollars. It was followed by Slovenia and Lithuania. The lowest figure among the presented CEE countries was recorded in Ukraine. In 2029, Poland's GDP per capita in PPP terms was forecast to reach approximately **** thousand 2017 international U.S. dollars.
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The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
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The Gross Domestic Product per capita in China was last recorded at 23845.62 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 134 percent of the world's average. This dataset provides - China GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Russia had the highest GDP per capita based on purchasing-power-parity (PPP) among the presented Eurasian countries between 2010 and 2023 and was forecast to remain in the leading position in the following years. However, Kazakhstan was predicted to close the gap with Russia slowly by 2029. What are the largest economies in Eurasia? At an estimated *** trillion U.S. dollars, Russia had the largest GDP among the Eurasian countries in 2024. The country generated most of its wealth through its energy sector, given that a high percentage of its industrial and agricultural sectors was privatized in the 1990s. Ranking second and third were Kazakhstan and Ukraine, whose GDP amounted to approximately *** billion U.S. dollars and *** billion U.S. dollars, respectively. Looking at national debt, Ukraine demonstrated the highest ratio to GDP, at over ** percent in 2024. Despite exhibiting the second-lowest figure in the region, Russia’s national debt was forecast to increase in the years until 2029. Inflation in Eurasia The highest inflation rate in Eurasia was recorded in Uzbekistan, at around ** percent in 2024. It was followed by Kazakhstan and Russia, where consumer prices were estimated to grow by approximately *** percent and *** percent relative to the previous year, respectively. As of January 2024, monthly expenses on the basic food basket occupied around ** percent of the official minimum wage in Moldova. At the same time, in Uzbekistan, the minimum wage was just enough to cover basic food expenses.
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China: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 23846 U.S. dollars, an increase from 22687 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for China from 1990 to 2024 is 9822 U.S. dollars. The minimum value, 1667 U.S. dollars, was reached in 1990 while the maximum of 23846 U.S. dollars was recorded in 2024.
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Gross domestic product (GDP) per capita is a crucial economic indicator that represents the average economic output per person in a given country or region. It is calculated by dividing the total GDP by the population size. This metric is often used to compare the economic performance of different countries and assess the relative prosperity of their citizens. Two commonly used versions of this indicator are GDP per capita at current prices and GDP per capita adjusted for purchasing power parity (PPP). GDP per capita at current prices reflects the total economic output of a country divided by its population, using the market prices of goods and services at the time of measurement. This metric provides a snapshot of the economic activity within a country without adjusting for inflation or differences in the cost of living across regions. Global GDP per capita at current prices (PPP) provides a measure of the average economic output per person, adjusted for the differences in the cost of living between countries. This adjustment allows for a more accurate comparison of living standards and economic productivity across different nations.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
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The Gross Domestic Product per capita in Greece was last recorded at 37752.63 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Greece, when adjusted by Purchasing Power Parity is equivalent to 213 percent of the world's average. This dataset provides the latest reported value for - Greece GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product per capita in Brazil was last recorded at 19647.91 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Brazil, when adjusted by Purchasing Power Parity is equivalent to 111 percent of the world's average. This dataset provides - Brazil GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in the European Union average, which is set to equal 100. If the country's index is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. As of 2024, ********* and ********** GDP per capita amounted to ** PPS, the highest level among Central and Eastern European countries but lower than the EU average.