per capita is also used as an apples-to-apples comparison between countries, as all countries have different populations. For example, U.S. GDP was $27.72 trillion in 2023, according to the ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

For example, some affluent nations may function as tax havens, artificially inflating their GDPs with wealth generated externally. Nevertheless, the GDP per capita ranking for 2023, adjusted for ...

If a country’s per-capita GDP is growing with a stable population level, for example, it could be the result of technological progressions that are producing more with the same population level.

For example, if a country has a high overall GDP but a low per-capita GDP, significant wealth might be concentrated in the hands of very few people. The United Nations' Human Development Index ...

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 ...

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 ...

Belarus plans to make it to the top 50 countries in terms of GDP per capita by 2040 (at purchasing power parity), Belarusian ...

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.