GDP per capita based on PPP of Luxembourg increased from 67,694 international dollars in 2001 to 118,002 international dollars in 2020 growing at an average annual rate of 3.02%. In second place we find Norway with a value of 90.884 dollars per capita and in third place Ireland with 81.297 dollars. 2020 Rank 2021 Rank world. life expectancy at birth: 82.6 years France is one of 24 countries in the world with a per capita income of . Luxembourg gdp for 2017 was $64.18B, a 5.68% increase from 2016. christmas island gdp per capita. Click to open interactive version. Levels of actual individual consumption were somewhat more homogeneous, but still showed . Frances gdp per capita is 4287756 the 19th highest in the world and gdp ppp is 296 trillion. . OECD-FAO Agricultural Outlook 2020-2029. The Gross Domestic Product per capita in Luxembourg was last recorded at 101206.75 US dollars in 2020. Highest values. . Luxembourg gdp per capita for 2017 was $107,627, a 3.14% increase from 2016. Luxembourg has a quarterly GDP per capita, of. The data reached an all-time high of 122,063.836 USD in Dec 2014 and a record low of . None. Debt. For example, Iceland makes the top 10 at $57,189, but the island's population is only around 342,000 people. Gross domestic product, or GDP for short, is a measurement that describes the value of a geographic location's total goods and services, and how it relates to the population of the region. Luxembourg: 7,351 Belgium 476,203 By GDP per capita. Data published Yearly by World Bank. IMPACT OF COVID-19: As of December 1, 2020, 330 deaths had been attributed to the pandemic in Luxembourg, and the economy was forecast to contract by 5.8 percent for the year. Luxembourg - GDP per capita (Euros) Recovery gains pace in annual terms, but underlying momentum loses steam in Q2. Gross national income per capita 2019, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 1 Bermuda 117,730 1 Macao SAR, China 123,380 l 2 Switzerland 85,500 2 Singapore 92,270 Serbia is fourth. Hungary gdp per capita for 2019 was $16,733, a 1.96% increase from 2018. 17,730. In fact, Luxembourg has a GDP per capita of $107.458 in 2020. GDP. In addition to Luxembourgish, the languages spoken in Luxembourg are German and French. PPP takes into account the relative cost of living, rather than using only exchange rates . Hungary gdp per capita for 2018 was $16,411, a 12.36% increase from 2017. (AIC) per capita in Turkey was 72 in 2020, versus the EU . GDP per capita in Luxembourg decreased to 107563 USD in 2020. In 2020, the GDP per capita in Luxembourg amounted to around 116,921.11 U.S. dollars. Luxembourg has 15.23 times the per capita GDP that Bulgaria does. 1. Valores atuais, dados histricos, previses, estatsticas, grficos e calendrio econmico - Luxemburgo - PIB per capita. Hungary gdp per capita for 2020 was $15,899, a 4.99% decline from 2019. GDP per capita is gross domestic product divided by midyear population. GDP per capita PPP in Luxembourg averaged 97394.47 USD from 1990 until 2020, reaching an all time high of 114889.18 . $2,000 note: data are in 2017 dollars (2018 est.) Similar values. Data are in current U.S. dollars. Luxembourg has one of the highest current account surpluses as a share of GDP in the euro zone, and it maintains a healthy budgetary position, with a 2017 surplus of 0.5% of . Line Bar Map. Luxembourg gdp for 2019 was $71.10B, a 0.26% increase from 2018. Aggregates. $51,885.47. The Grand Duchy of Luxembourg is a landlocked country in Western Europe with Belgium to the west, France to the . 1. A figure that puts the European state in first position with a gap over the second, Norway, of almost 17,000 dollars. Productivity by industry (ISIC Rev.3) Quarterly benchmarked Unit Labour Cost indicators - By economic activity. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020).. Many of the leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.. For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. Country. $2,000 note: data are in 2017 dollars (2020 est.) - GDP per capita: $13,034 (1.3% 2009-2019 annual growth) - GDP: $763.3 billion (#32 among all countries) Unemployment, poverty, and inequality have been continual challenges for South Africa's economy, although the state does have abundant natural resources. The 50 wealthiest economies showcased in the table below generated the highest GDP per capita averages on a Purchasing Power Parity basis. Christmas Island Gdp Per Capita, GDP - real growth rate.The Gross Domestic Product GDP in Solomon Islands was worth 155 billion US dollars in 2020 according to official data from the World Bank. INTRODUCTION. The maximum level was 112078 USD and minimum was 27112 USD. Luxembourg has the highest per capita GDP of all countries on the continent, which makes it the richest country in Europe. Luxembourg has the highest per capita GDP. Gross domestic product (GDP) denotes the aggregate value of all services and goods . The main component of the federation include the regions, national . In 2020, GDP per capita based on PPP for Luxembourg was 118,002 international dollars. Projections by IMF. For example, a list of the very richest countries on each of the six inhabited continents (by GDP per capita, as above) would look like this: Richest European Countries 2021: Luxembourg ($118,001), Ireland ($102,390), Switzerland ($93,520) Richest Asian Countries 2021: Singapore ($97,057), Qatar ($61,790), Israel ($49,840) The Slovenian gross domestic product per capita in purchasing power standards in 2020 amounted to 89% of the EU-27 average. Answer (1 of 3): There are a few answers to this question. Luxembourg; Luxembourg is a founding member of the European Union. What is France GDP in Constant Prices? 620,001. Hungary gdp per capita for 2018 was $16,411, a 12.36% increase from 2017. Luxembourg gdp per capita for 2019 was $114,685, a 1.69% decline from 2018. GDP per capita in France decreased to 40560 USD in 2020. Luxembourg gdp per capita for 2018 was $116,654, a 8.39% increase from 2017. GDP per capita of Luxembourg in nominal and ppp terms. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. The maximum level was 44236 USD and minimum was 12756 USD. As of 2020 GDP per capita in Luxembourg was 109602 US dollars. GDP per capita is a country's economic output divided by its population. The chart here shows whether this country has achieved this by showing the change in GDP per capita, . The GDP per Capita, in Luxembourg, when adjusted by Purchasing Power Parity is equivalent to 621 percent of the world's average. By the way, Luxembourg is the country with the largest GDP per capita worldwide as of 2015. . For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Per Capita GDP; Country: GDP per capita (USD) Luxembourg: $131,780: World Economics Rates Qatar's Offical GDP Per Capita Data as Grade B. Data published Yearly by World Bank. Overview. % of GDP 2020 Luxembourg % of GDP: Total % of GDP 2001-2020 Luxembourg (red) Total % of GDP 2019 Luxembourg (red) Government reserves Indicator: 538.7 Total SDR millions Q4-2014 Figure 21: More than half of rural youth work outside of agriculture . Actual individual consumption per capita in purchasing power standards in Slovenia in 2020 was 20% lower than the EU-27 average. $52,751.11. 1960-2020 Dados | 2021-2023 Previso. Labour productivity levels in the total economy. Luxembourg: Per capita: how much CO 2 does the average person emit? Here's a look at the 10 countries with the highest GDP per capita in 2021: However, not all citizens in Luxembourg are extremely wealthy. As a result, in 2021 the grand duchy's GDP will rebound by 4% from -1.3% in 2020. Data. Despite its small landmass and small population, Luxembourg is the fifth-wealthiest country in the world when measured on a gross domestic product (PPP) per capita basis. Hungary gdp per capita for 2020 was $15,899, a 4.99% decline from 2019. The SGI brings together a broad network of experts and practitioners aiming to understand what works best in sustainable governance. . Data are in current U.S. dollars. The Balkans continue to be considered the most volatile region in Europe. $3781 higher than the same quarter last year, it was . Qatar. global per capita GDP fell by an average of 4.5% in 2020, the largest drop on record. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. . 17,033.0 USD. GDP per Capita. For example, Luxembourg's Exports rank is higher than 82.45% of the countries in the dataset. The ratio of largest per capita GDP to smallest per capita GDP was down from 15.62 last quarter and up from 14.56 last year. The little lore I do have is that the original 6 of the European Economic Community are formed as a federation a few years after the conclusion of ww2. 72874 Norway GDP per capita. 2,586 SQ.KM. Considered one of the least populous . GDP per capita, Purchasing Power Parity, 2020 - Country rankings: The average for 2020 based on 175 countries was 19632.86 U.S. dollars.The highest value was in Luxembourg: 110261.16 U.S. dollars and the lowest value was in Burundi: 731.06 U.S. dollars. DataBank. The country topped the $100,000 mark in per capita GDP in 2014 and has never looked back ever since. To address this, in 2017 the Central Bank of Ireland created "modified GNI" (or GNI*) as a . This entry shows real GDP, divided by population as of 1 July for the same year. Capital Services. It also describes how much citizens benefit from their country's economy. The statistic shows gross domestic product (GDP) in Luxembourg from 1986 to 2020, with projections up until 2026. (HDI) and topped the HDI ranking in 2020. More than two-thirds of the population of the former Yugoslav republic live in rural areas. Turkey's GDP per capita index was 36% lower than the EU average, according to the preliminary results of the European Comparison Program for 2020, the Turkish Statistical Institute (TurkStat) said. Among the G-7 economies, average per-capita GDP rose from $31,471 to an expected $64,582 in 2025. Real GDP per capita. Italy is the only member forecast to fall sharply down the rankings, to 35th place from 21st. $2,100 note: data are in 2017 dollars (2019 est.) The Gross Domestic Product per capita in Luxembourg was last recorded at 110261.16 US dollars in 2020, when adjusted by purchasing power parity (PPP). Household debt, % of net disposable income, 2020 . Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. GDP Per Capita in European Federation 2020. This puts the Netherlands, just as in previous years, in fourth place within the European Union, above its surrounding countries. Although it is expressed as a dollar amount, GDP per capita is not a measure of average or median personal income . Real GDP (Constant Prices) in France decreased to 555608 EUR Million (656.716 B USD) in the first quarter of 2021. (please correct me if I am wrong) 1 "Luxembourg had GDP per capita being 166% above the EU-27 average whereas Albania 69% was below the EU-27 average," the report said. Graph and download economic data for Constant GDP per capita for Luxembourg (NYGDPPCAPKDLUX) from 1960 to 2020 about Luxembourg, per capita, real, and GDP. Breakdown of Gross Domestic Product per capita in its components. Top Gainers in 2020: Ireland has added $3368 in 2020, followed by Taiwan Province of China ($2370), Switzerland ($1163), Luxembourg ($1082) and Guyana ($733). In 2020, Ireland recorded the second highest level of GDP per capita in the EU, at 111% above the EU average, with only Luxembourg at a higher level. Four economies in the top ten including top three have gained. IMF projects . Luxembourg GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2020, with an average number of 104,756.054 USD. Similarly, Luxembourg's population is just under 633,000but it's the richest country in the world on a per capita basis. Gross domestic . The "bronze" medal is for RN Macedonia. 692374 per capita 5774 -Montserrat Montserrat-5189 -Norfolk Island Norfolk Island-2196 -Svalbard . GDP per capita (current US$) - Luxembourg. In 2020, GDP per capita for Luxembourg was 116,921 US dollars. Overview of Luxembourg. Thematic data tables from WDI. Top 50 Richest Countries by GDP per Capita. TOP 10 RICHEST COUNTRIES IN EUROPE 2020 BY GDP PER CAPITA. Purchasing power parity compares different countries' economic output. This article is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.. As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the . It joined the pair of Netherlands and Belgium in creating the Benelux customs union in 1948. Download Historical Data. Among EU Member States with the highest regional disparities, the ratio for GDP expressed per capita remains at a Hungary gdp per capita for 2019 was $16,733, a 1.96% increase from 2018. Household enterprises are the fastest growing livelihood sector in low income countries, ordered by GDP per capita. In fact: 29% of people spend over 40% of their income on housing costs. COUNTRIES BY GDP PER CAPITA (in USD $; 2020) Luxembourg: 116,730; Switzerland: 86,670; Ireland: 80,260; Norway: 78,330; Qatar: 70,740 . Population. It's a good representation of a country's standard of living. The description is composed by our digital data assistant. This table reports the gross domestic product (adjusted for purchasing power parity), expressed in euro, of the ten provinces and the Brussels capital region in 2018. . Luxembourg gdp for 2020 was $73.26B, a 3.04% increase from 2019. Selected Countries and Economies. * Luxembourg is small, with a population of only about 500,000. 118 726 US$ per capita. > GNI per capita: $50,400 > 2020 GDP: $3.1 trillion > Population: 67.4 million > Avg. 2. GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. 1. GDP per capita in Luxembourg averaged 63735.29 USD from 1960 until 2020, reaching an all time high of 105454.73 USD in 2007 and a record low of 25509.92 USD in 1960. Luxembourg has such a high GDP per capita it will well repay our efforts to investigate why this should be the case. Same region. In fact, the richest country today (in terms of nominal GDP per capita), Luxembourg, is over 471x more wealthy than the poorest, Burundi. OECD-FAO Agricultural Outlook 2020-2029. The economy expanded 11.8% year-on-year in the second quarter, accelerating from the first quarter's 5.2% increase. WDI Tables. Due to unavailable data the following indicators . Hopefully Czechia will eventually adopt the Euro, to my (limited) economical understanding, jt should improve gdp per capita considerably. World Bank national accounts data, and OECD National Accounts data files. Bulgaria was the Member State with the lowest GDP per capita, at 45% below the EU average. Luxembourg covers the meager land area of 998 square miles and this outlines the fact that it is the European sovereign state with the smallest land area. Lithuania GDP per capita. GDP per Capita in Luxembourg (with a population of 591,910 people) was $107,316 in 2017, a decrease of $674 from $107,990 in 2016; this represents a change of-0.6% in GDP per capita. GDP per capita is 9.20 euros. South Africa's GDP has been increasing year over year, slowed down in 2020, and is expected to see increases of 3.1% and 2.5% in 2021 and . 27,933. Projected growth rate: 3.5%. GDP growth (annual %) - Luxembourg from The World Bank: Data. Luxembourg is the richest country in the world due to its high GDP (PPP) per capita of $112,875. (2020) - "CO and Greenhouse Gas Emissions". Debt. Luxembourg GDP and Economic Data Includes Luxembourg real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. The SGI is a platform built on a cross-national survey of governance that identifies reform needs in 41 EU and OECD countries. It is the third poorest country in Europe. . . GDP per capita of Luxembourg increased from 48,499 US dollars in 2001 to 116,921 US dollars in 2020 growing at an average annual rate of 5.16%. $57,189.03. Mon. What we will see is that that the country benefits from a particularly unusual concatenation of circumstances, and it is the confluence of these circumstances that make Luxembourg so economically successful. GDP data is from the first quarter of 2020, the fourth quarter of 2020, and the first quarter of 2021. Luxembourg Gross Domestic Product (GDP) per Capita reached 115,311.965 USD in Dec 2020, compared with 112,114.475 USD in Dec 2019. 196 rows On the whole PPP per capita figures are more narrowly spread than nominal GDP per capita figures. Since 2015, the country topped the $100,000 mark in GDP per capita, it has never gone below that, as such, has been making the list of top five richest countries in the world. GDP per capita to 1.1 for GDP per person employed), Slovakia (from 3.3 to 1.8), Italy (from 2.8 to 1.6), Belgium (from 2.8 to 1.7), and as well as Czechia (from 3.0 to 1.9). License : CC BY-4.0. GDP Growth Rate in 2017 was 2.30%, representing a change of 966,881,506 US$ over 2016, when Real GDP was $62,554,580,195. GDP per capita growth (annual %) Download. Still, through effective testing and contact tracing measures, Luxembourg has weathered the pandemic better than most of its European neighbors. The GDP per Capita in Luxembourg is equivalent to 801 percent of the world's average. Valores atuais, dados histricos, previses, estatsticas, grficos e calendrio econmico - Luxemburgo - PIB per capita. Download Historical Data. Dec 2020 2020 ~ 2029 30/12/2020. Luxembourg GDP per capita: $131,781.72 GDP: $84.07 billion. Australia. Interestingly, a number of countries with smaller population sizes have a high GDP per capita. Multi-factor Productivity. This isn't meant to be realistic. Gross domestic product (GDP), US dollars/capita, 2020 Real GDP forecast, Annual growth rate (%), 2022 52 782 US$ per capita. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. The Richest Countries In Europe 2020 1. If we order the countries according to their . The second spot is taken by Ireland, followed by Denmark. Including the GDP per capita of 2020 (final quarter of 2017 to third quarter of 2020) and, thus, the impact from the pandemic reveals that the countries suffering greater economic implications from Covid19 were Mexico, Chile, New Zealand, Israel, Iceland, Australia, Greece, Costa Rica, Spain, Saudi Arabia, Romania, the United Kingdom, the Czech Republic, Portugal, Canada, Bulgaria and Belgium. Selected Countries and Economies. 2020 Belgium Per 1 000 inhabitants: Total Per 1 000 inhabitants 2001-2020 Belgium (red), OECD - Total (black) This page in: . I'm sure one could find any number of small cities with a higher GDP per captia in the world, but Luxembourg happens to have the distinction of being a country. Current GDP per Capita in Qatar is estimated to be $62,088 US dollars at the end of 2019. GDP per capita of 39 economies increased in 2020. $71.1 billion. Eventually Spain, East Germany, and Malta join. The economy of Qatar has grown at an average annual growth rate of -0.8% in the last four years and is ranked the 5th largest economy in Middle East, ahead of Kuwait. 1960-2020 Dados | 2021-2023 Previso. Per capita gross domestic product . . The GDP figure in the second quarter of 2021 was. Country. $27,933, 3781. Use the table below to search by country name, GDP per capita amount and percentage changes since 2010 when the Great Recession solidified or more recently since 2020. Save as Image. 1961 - 2020 GDP (constant 2015 US$) . Here's a list of the five richest nations based on the GDP per capita. Projected growth rate: 2.8%. Historical Data (USD) by years. Advocating the exchange of best practices, we offer full access to our data set and enable the comparisons that generate innovation in . Area. GDP per capita is 8.50 euros. Hungary gdp per capita for 2017 was $14,606, a 11.58% increase from 2016. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any . Luxembourg gdp for 2018 was $70.92B, a 10.5% increase from 2017. Similarly, Luxembourg's population is just under 633,000but it's the richest country in the world on a per capita basis.Mapped: The 25 Richest Countries in the World. Luxembourg gdp per capita for 2020 was $115,874, a 1.04% increase from 2019. * The Lu. Afghanistan. Country Comparison Ranking. Gross domestic product 2020 (millions of Ranking Economy US dollars) LKA 66 Sri Lanka 80,707 DOM 67 Dominican Republic 78,845 GTM 68 Guatemala 77,605 OMN 69 Oman 76,332 MMR 70 Myanmar 76,186 LUX 71 Luxembourg 73,264 Building Wealth Data. $21,379 million, Luxembourg is number 40 in the ranking of quarterly GDP of the 53 countries that we publish. Luxembourg had the highest GDP per capita index of 266, out of the 37 countries included in the comparison, according to TurkStat data. Luxembourg - $110,697. US census data is from 2010, EU census data is . OECD-FAO Agricultural Outlook 2020-2029, by variable . GDP per capita (USD) Iceland. Labour Productivity Growth. I hope you find the information useful. The GDP per capita varies drastically worldwide. Online tool for visualization and analysis. CSV XML EXCEL. In 2020, Dutch gross domestic product (GDP) per capita amounted to nearly 46 thousand euros. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Luxembourg economic outlook, debt to GDP . Hungary gdp per capita for 2017 was $14,606, a 11.58% increase from 2016.
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