Macedonia Household Income: per Capita: Monetary: from Abroad data was reported at 2,408.682 MKD in 2017. This records an increase from the previous number of 2,363.418 MKD for 2016. Macedonia Household Income: per Capita: Monetary: from Abroad data is updated yearly, averaging 2,408.682 MKD from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 3,507.000 MKD in 2007 and a record low of 1,814.330 MKD in 2012. Macedonia Household Income: per Capita: Monetary: from Abroad data remains active status in CEIC and is reported by State Statistical Office of the Republic of Macedonia. The data is categorized under Global Database’s Macedonia – Table MK.H007: Household Income and Expenditure.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 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.

Residents of the District of Columbia had the highest personal income per capita in 2023, at 100,909 U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at 48,110 U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.

The statistic displays the global gross domestic product (GDP) per capita from 2013 to 2023. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2023, global GDP per capita amounted to about 13,169.6 U.S. dollars. Gross domestic product and global economy The global economy suffered a major impact with the global financial crisis of 2008 but after a drop in global gross domestic product (GDP) per capita in 2009, the global economy recovered and reached record-high GDP per capita prices in 2013. Global GDP per capita has doubled over the past decade. Gross domestic product of industrial countries and emerging and developing countries combined is greater than GDP of all the other selected global regions combined, indicating economic prosperity and recovery despite some financial backsets. In the main industrialized and emerging countries, gross domestic product per capita is highest for the United States, followed by Germany and France. In the European Union, despite the financial crisis of 2008, GDP per capita has improved significantly. Another member of the European Union, Luxembourg, even reports the largest GDP per capita worldwide, followed by non-EU members Norway and Qatar.

Macedonia Household Income: per Capita: NH: Monetary: Property data was reported at 1,316.960 MKD in 2017. This records an increase from the previous number of 442.495 MKD for 2016. Macedonia Household Income: per Capita: NH: Monetary: Property data is updated yearly, averaging 458.000 MKD from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 1,316.960 MKD in 2017 and a record low of 297.560 MKD in 2014. Macedonia Household Income: per Capita: NH: Monetary: Property data remains active status in CEIC and is reported by State Statistical Office of the Republic of Macedonia. The data is categorized under Global Database’s Macedonia – Table MK.H009: Household Income and Expenditure: Non-Agricultural Households.

Worldwide, Luxembourg has the highest net national income per capita, reaching nearly 78,000 U.S. dollars in 2021. Norway and Switzerland followed behind. When adjusting for pruchasing power parity (PPP), Bermuda has the highest average income or wealth per adult worldwide.

In 2023, the national gross income per capita in Libya remained nearly unchanged at around 5,940 U.S. dollars. Yet 2023 saw the lowest national gross income in Libya with 5,940 U.S. dollars. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more key insights for the national gross income per capita in countries like Tunisia and Algeria.

In the build up to the Second World War, the United States was the major power with the highest gross domestic product (GDP) per capita in the world. In 1938, the United States also had the highest overall GDP in the world, and by a significant margin, however differences in GDP per person were much smaller. Switzerland In terms of countries that played a notable economic role in the war, the neutral country of Switzerland had the highest GDP per capita in the world. A large part of this was due to the strength of Switzerland's financial system. Most major currencies abandoned the gold standard early in the Great Depression, however the Swiss Franc remained tied to it until late 1936. This meant that it was the most stable, freely convertible currency available as the world recovered from the Depression, and other major powers of the time sold large amounts of gold to Swiss banks in order to trade internationally. Switzerland was eventually surrounded on all sides by Axis territories and lived under the constant threat of invasion in the war's early years, however Swiss strategic military planning and economic leverage made an invasion potentially more expensive than it was worth. Switzerland maintained its neutrality throughout the war, trading with both sides, although its financial involvement in the Holocaust remains a point of controversy. Why look at GDP per capita? While overall GDP is a stronger indicator of a state's ability to fund its war effort, GDP per capita is more useful in giving context to a country's economic power in relation to its size and providing an insight into living standards and wealth distribution across societies. For example, Germany and the USSR had fairly similar GDPs in 1938, whereas Germany's per capita GDP was more than double that of the Soviet Union. Germany was much more industrialized and technologically advanced than the USSR, and its citizens generally had a greater quality of life. However these factors did not guarantee victory - the fact that the Soviet Union could better withstand the war of attrition and call upon its larger population to replenish its forces greatly contributed to its eventual victory over Germany in 1945.

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.

Macedonia Household Income: per Capita: Monetary: Agriculture data was reported at 6,869.738 MKD in 2017. This records an increase from the previous number of 3,921.372 MKD for 2016. Macedonia Household Income: per Capita: Monetary: Agriculture data is updated yearly, averaging 4,270.826 MKD from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 6,869.738 MKD in 2017 and a record low of 3,488.000 MKD in 2005. Macedonia Household Income: per Capita: Monetary: Agriculture data remains active status in CEIC and is reported by State Statistical Office of the Republic of Macedonia. The data is categorized under Global Database’s Macedonia – Table MK.H007: Household Income and Expenditure.

Macedonia Household Income: per Capita: MH: Monetary data was reported at 112,074.980 MKD in 2017. This records an increase from the previous number of 100,861.252 MKD for 2016. Macedonia Household Income: per Capita: MH: Monetary data is updated yearly, averaging 76,632.000 MKD from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 112,074.980 MKD in 2017 and a record low of 48,360.000 MKD in 2005. Macedonia Household Income: per Capita: MH: Monetary data remains active status in CEIC and is reported by State Statistical Office of the Republic of Macedonia. The data is categorized under Global Database’s Macedonia – Table MK.H010: Household Income and Expenditure: Mixed Households.

India’s per capita net national income or NNI was around *** thousand rupees in financial year 2025. The annual growth rate was *** percent as compared to the previous year. National income indicators   While GNI (Gross National Income) and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. In 2020, India ranked second amongst the Asia Pacific countries in terms of its gross national income. This has been possible due to a favorable GDP growth in India. Measuring wealth versus welfare   National income per person or per capita is often used as an indicator of people's standard of living and welfare. However, critics object to this by citing that since it is a mean value, it does not reflect the real income distribution. In other words, a small wealthy class of people in the country can skew the per capita income substantially, even though the average population has no change in income. This is exemplified by the fact that in India, the top one percent of people, control over 40 percent of the country’s wealth.

The estimated per capita income across Sikkim was the highest among Indian states at around *** thousand Indian rupees in the financial year 2024. Meanwhile, it was the lowest in the northern state of Bihar at over ** thousand rupees. India’s youngest state, Telangana stood in the fifth place. The country's average per capita income that year was an estimated *** thousand rupees. What is per capita income? Per capita income is a measure of the average income earned per person in a given area in a certain period. It is calculated by dividing the area's total income by its total population. If absolute numbers are noted, India’s per capita income doubled from the financial year 2015 to 2023. Wealth inequality However, as per economists, the increase in the per capita income of a country does not always reflect an increase in the income of the entire population. Wealth distribution in India remains highly skewed. The average income hides the disbursal and inequality in a society. Especially in a society like India where the top one percent owned over ** percent of the total wealth in 2022.

The national gross income per capita in Colombia increased by 170 U.S. dollars (+2.56 percent) compared to the previous year. While the growth is slowing down, with 6,810 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Colombia with key insights such as value added to gross domestic product by the manufacturing sector, personal remittances received, and value added by the services industry to the gross domestic product.

Macedonia Household Income: per Capita: Monetary: Inter Household Loans data was reported at 54.098 MKD in 2017. This records a decrease from the previous number of 168.057 MKD for 2016. Macedonia Household Income: per Capita: Monetary: Inter Household Loans data is updated yearly, averaging 161.000 MKD from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 481.000 MKD in 2005 and a record low of 27.000 MKD in 2009. Macedonia Household Income: per Capita: Monetary: Inter Household Loans data remains active status in CEIC and is reported by State Statistical Office of the Republic of Macedonia. The data is categorized under Global Database’s Macedonia – Table MK.H007: Household Income and Expenditure.

In 2023, the national gross income per capita in Ecuador did not change in comparison to the previous year. The national gross income per capita remained at 6,590 U.S. dollars. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Ecuador with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, share of value added by the services industry to gross domestic product, value added by the agriculture, and forestry and fishing sector to the gross domestic product.

In 2023, the national gross income per capita in Mexico increased by 1,260 U.S. dollars (+11.75 percent) compared to 2022. With 11,980 U.S. dollars, the national gross income thereby reached its highest value in the observed period. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Mexico with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, value added to gross domestic product by the manufacturing sector, value added by the agriculture, and forestry and fishing sector to the gross domestic product.

The national gross income per capita in Panama increased by 900 U.S. dollars (+5.3 percent) in 2023. With 17,870 U.S. dollars, the national gross income thereby reached its highest value in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Panama with key insights such as value added by the services industry to the gross domestic product, share of value added by the services industry to gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.

In 2023, Switzerland led the ranking of countries with the highest average wealth per adult, with approximately ******* U.S. dollars per person. Luxembourg was ranked second with an average wealth of around ******* U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. The Gini index shows wealth disparities in countries worldwide. Does wealth guarantee a longer life? As the old adage goes, “money can’t buy you happiness”, yet wealth and income are continuously correlated to the quality of life of individuals in different countries around the world. While greater levels of wealth may not guarantee a higher quality of life, it certainly increases an individual’s chances of having a longer one. Although they do not show the whole picture, life expectancy at birth is higher in the wealthier world regions. Does money bring happiness? A number of the world’s happiest nations also feature in the list of those countries for which average income was highest. Finland, however, which was the happiest country worldwide in 2022, is missing from the list of the top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that the larger proportion of the population has access to a high income relative to global levels. Measures of quality of life Criticism of the use of income or wealth as a proxy for quality of life led to the creation of the United Nations’ Human Development Index. Although income is included within the index, it also has other factors taken into account, such as health and education. As such, the countries with the highest human development index can be correlated to those with the highest income levels. That said, none of the above measures seek to assess the physical and mental environmental impact of a high quality of life sourced through high incomes. The happy planet index demonstrates that the inclusion of experienced well-being and ecological footprint in place of income and other proxies for quality of life results in many of the world’s materially poorer nations being included in the happiest.

China Income per Capita: Cash: Rural data was reported at 10,982.700 RMB in 2013. This records an increase from the previous number of 9,787.188 RMB for 2012. China Income per Capita: Cash: Rural data is updated yearly, averaging 1,761.285 RMB from Dec 1978 (Median) to 2013, with 36 observations. The data reached an all-time high of 10,982.700 RMB in 2013 and a record low of 63.900 RMB in 1978. China Income per Capita: Cash: Rural data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income and Expenditure per Capita: Rural.