Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.
The figures are shown in US dollars in the chart. For the EU in 2024, GDP per capita ranged from €15,773 in Bulgaria to €125,043 in Luxembourg. The EU average stood at €40,060, while the US ...
Chart 1 shows the average real (after-inflation) GDP growth rate per capita in the year after the debt-to-GDP ratio rises above a given threshold. Consistent with Reinhart and Rogoff, we observed that ...
Amid the economic disruption, however, several countries managed to display remarkable growth in their GDP per capita from 2020 to 2021. Using data from The World Bank, we analyzed various nations ...
Over the past decade, Canada’s GDP-per-capita growth has been the second ... per capita today is $71,659 (in 2023 dollars). Our chart shows that since 2000, if Ontario maintained the real ...
Australians have suffered their longest recession in modern history, with real per capita GDP declining for seven consecutive ...
South Korea ranked 21st, with a per capita GDP of $35,563. Japan’s ranking stayed at 22nd, the same as in 2022. According to the Cabinet Office, South Korea revised its GDP calculation standards ...