Which country has highest per capita income in 2011?
The country with the highest GDP per capita, Norway, had a GDP per capita value in 2011 that was more than twice that of the country with the lowest value, the Czech Republic. In 2011, real GDP per capita grew in 18 of the 20 countries compared.
Which country has highest GDP per capita?
GDP per Capita
|#||Country||GDP (nominal) per capita (2017)|
Which country has lowest per capita income?
In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia….The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)
|Characteristic||GDP per capita in U.S. dollars|
What was GDP per hour worked in 2011?
Real GDP per hour worked growth Chart 6. Real GDP per hour worked, by country, 1995–2011 Chart 7. Average annual hours worked, 2011 Chart 8. Average annual hours worked growth Chart 9. Employment and Average hours worked, 2011 Chart10. Employment and Average hours worked growth
How are countries ranked by GDP per capita?
The table is initially ranked by the average of the available estimates for each country or territory, and can be reranked by either of the sources. Many of leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.
How is GDP per capita related to standard of living?
GDP per capita is often considered an indicator of a country’s standard of living; although this is problematic because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries.
When did GDP per capita start to rise?
Charts on current levels and recent trends of GDP per capita, GDP per hour worked, average annual hours worked, and employment are followed by tables with time series and growth rates of these and related indicators. The estimates shown in this report are based on data available as of September 2012.