GDP per continent

September 29, 2020
Africa Gdp Per Capita

GDP per capita is gross domestic product divided by midyear population. In Nominal method, market exchange rates are used for conversion. This ranking is based on IMF World Economic Outlook (October-2014).

Luxembourg is richest country of world on exchange rate basis. GDP (nominal) per capita of Luxembourg is estimated at 111, 716 USD in 2014. Per capita income of Luxembourg is 10.27 times greater than world average $10, 880. GDP (Nominal) per capita of Luxembourg is increased by $1, 410 in 2014. Norway is second and Qatar is at third place.

Top ten richest countries in 2014 are : Luxembourg, Norway, Qatar, Switzerland, Australia, Denmark, Sweden, San Marino, Singapore, United States. In top ten, GDP per capita of 5 countries has decreased in 2014 compare to 2013. In this list, six countries are located in Europe continent, two are located in Asia and one each is located in Oceania and North America continent. 8 countries has population of less than 10 millions. Only Australia (23 millions) and United States (320 millions) has population more than 10 millions.

Change in Top 10: Denmark displaced Sweden to become 6th richest country of the world. Per capita income of Denmark is increased by 614 USD, while Per capita income of Sweden is decreased by 1, 595 USD.

Change in Top 11-20: Rank of Canada is down by 4 place from 11 to 15 after decreasing per capita income about $1, 995. United Kingdom (19) has entered in top 20 after increament of 3, 833 USD. Rank of Ireland (11), Iceland (14) is moved up by 2 place. Rank of Finland (16) has down by 1 position.

Continent-wise - Top 3: Asia : 1. Qatar, 2. Singapore, 3. United Arab Emirates. Africa : 1. Equatorial Guinea, 2. Seychelles, 3. Gabon. Europe : 1. Luxembourg, 2. Norway, 3. Switzerland. North America : 1. United States, 2. Canada, 3. The Bahamas. South America : 1. Uruguay, 2. Chile, 3. Argentina. Oceania : 1. Australia, 2. New Zealand, 3. Palau.

Source: statisticstimes.com

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