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In this article, we take a look at the 25 wealthiest countries in the world by GDP per Capita. You can skip our detailed analysis of the global economic wealth dynamics and its current challenges ...
The formula for calculating per capita income is straightforward: ... Human Development Index, and GDP PPP Per Capita offer a better view of living standards.
GDP Per Capita. The average GDP per person. Formula: GDP Per Capita = Population ÷ Total GDP. Gives an idea of the average economic standard of living (though it is just an average).
As per IMF’s data, in 2024, the North American region boasted the highest GDP per capita, increasing to $63,060 from $57,710 in 2022. Meanwhile, Western Europe saw its GDP per capita rise to ...
A new report found that Massachusetts not only has the highest GDP per capita in the country, but that it’s among the states least dependent on federal dollars. This is both good and bad news ...