GDP per capita (current US$) is an economic indicator that measures the average economic output per person in a country. It is calculated by dividing the total Gross Domestic Product (GDP) of a country by its population, both measured in current US dollars. GDP per capita provides a useful metric for comparing the economic well-being and living standards between different countries.
There are various sources where you can find GDP per capita data, including international organizations, government agencies, and financial institutions. Some prominent sources for GDP per capita data include:
World Bank: The World Bank provides comprehensive data on GDP per capita for countries around the world. They maintain the World Development Indicators (WDI) database, which includes GDP per capita figures for different years.
International Monetary Fund (IMF): The IMF also offers GDP per capita data through their World Economic Outlook (WEO) database. It provides economic indicators and forecasts, including GDP per capita figures for various countries.
National Statistical Agencies: Many countries have their own national statistical agencies that publish GDP per capita data. These agencies collect and analyze economic data, including GDP and population figures, to calculate GDP per capita.
Central Banks: In some cases, central banks may also provide GDP per capita data for their respective countries. They often publish economic indicators and reports that include GDP per capita figures.
When using GDP per capita data, it's important to note that it represents an average measure and does not necessarily reflect the distribution of wealth within a country. Additionally, GDP per capita figures are often adjusted for inflation to provide real GDP per capita, which accounts for changes in the purchasing power of money over time.
To access the most up-to-date and accurate GDP per capita data, it is recommended to refer to reputable sources mentioned above or consult the official websites of international organizations, government agencies, or central banks that specialize in economic data and analysis.
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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.
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GDP per capita (current US$) is an economic indicator that measures the average economic output per person in a country. It is calculated by dividing the total Gross Domestic Product (GDP) of a country by its population, both measured in current US dollars. GDP per capita provides a useful metric for comparing the economic well-being and living standards between different countries.
There are various sources where you can find GDP per capita data, including international organizations, government agencies, and financial institutions. Some prominent sources for GDP per capita data include:
World Bank: The World Bank provides comprehensive data on GDP per capita for countries around the world. They maintain the World Development Indicators (WDI) database, which includes GDP per capita figures for different years.
International Monetary Fund (IMF): The IMF also offers GDP per capita data through their World Economic Outlook (WEO) database. It provides economic indicators and forecasts, including GDP per capita figures for various countries.
National Statistical Agencies: Many countries have their own national statistical agencies that publish GDP per capita data. These agencies collect and analyze economic data, including GDP and population figures, to calculate GDP per capita.
Central Banks: In some cases, central banks may also provide GDP per capita data for their respective countries. They often publish economic indicators and reports that include GDP per capita figures.
When using GDP per capita data, it's important to note that it represents an average measure and does not necessarily reflect the distribution of wealth within a country. Additionally, GDP per capita figures are often adjusted for inflation to provide real GDP per capita, which accounts for changes in the purchasing power of money over time.
To access the most up-to-date and accurate GDP per capita data, it is recommended to refer to reputable sources mentioned above or consult the official websites of international organizations, government agencies, or central banks that specialize in economic data and analysis.