1 Qatar 105,091.42 2011 2 Luxembourg 79,593.91 2011 3 Singapore 61,567.28 2011 4 Norway 56,663.47 2012 5 Brunei Darussalam 55,111.20 2011 6 Hong Kong 53,432.23 2011 7 United States 51,248.21 2011 8 United Arab Emirates 49,883.58 2009 9 Switzerland 46,474.95 2011 10 Australia 44,073.81 2011 11 Canada 43,593.74 2012 12 Austria 43,344.79 2012 13 Ireland 42,806.38 2011 14 Netherlands 42,493.49 2011 15 Sweden 42,037.48 2012 16 Iceland 40,401.63 2011 17 Taiwan 40,392.86 2012 18 Germany 39,993.34 2012 19 Kuwait 39,861.23 2011 20 Denmark 38,521.26 2011 21 Belgium 38,286.44 2012 22 Japan 37,525.38 2012 23 United Kingdom 37,501.70 2010 24 Finland 37,012.46 2011 25 France 35,941.52 2011 26 Korea 33,580.49 2011 27 Israel 33,282.21 2012 28 Saudi Arabia 32,469.34 2010 29 The Bahamas 32,397.94 2008 30 New Zealand 30,803.76 2011 31 Spain 30,620.15 2012 32 Italy 30,094.06 2012 33 Oman 29,924.88 2009 34 Bahrain 29,832.89 2010 35 Slovenia 28,013.94 2011 36 Malta 27,786.99 2008 37 Czech Republic 27,662.99 2010 38 Seychelles 26,168.91 2011 39 Barbados 25,854.24 2010 40 Equatorial Guinea 25,117.18 2010 41 Slovak Republic 24,971.88 2012 42 Greece 23,930.22 2011 43 Portugal 23,185.21 2012 44 Lithuania 22,787.84 2011 45 Estonia 22,731.03 2012 46 Poland 21,005.39 2012 47 Trinidad and Tobago 20,746.28 2010 48 Hungary 19,998.05 2011 49 Chile 19,474.74 2009 50 Latvia 19,384.91 2012 51 Argentina 18,709.31 2010 52 Russia 18,670.53 2012 53 Antigua and Barbuda 18,625.96 2009 54 Croatia 18,066.82 2010 55 Malaysia 17,775.70 2012 56 Botswana 17,595.63 2008 57 Gabon 17,586.34 0 58 Panama 16,993.82 2010 59 Uruguay 16,728.30 2005 60 St. Kitts and Nevis 16,495.30 2003 61 Mauritius 16,350.47 2011 62 Belarus 16,307.68 2010 63 Lebanon 16,126.73 2007 64 Mexico 15,931.75 2012 65 Turkey 15,578.38 2011 66 Bulgaria 14,870.19 2012 67 Kazakhstan 14,750.46 2012 68 Dominica 14,579.73 2011 69 Libya 14,474.75 2008 70 Grenada 13,948.43 2009 71 Venezuela 13,633.61 2010 72 St. Lucia 13,381.42 2011 73 Romania 13,251.92 2011 74 Costa Rica 13,205.99 2011 75 Islamic Republic of Iran 13,008.37 2010 76 Suriname 12,989.56 2007 77 Brazil 12,340.18 2010 78 Montenegro 12,101.08 2011 79 St. Vincent and the Grenadines 12,081.34 2001 80 South Africa 11,750.37 2011 81 Peru 11,403.04 2009 82 Colombia 11,284.22 2009 83 Azerbaijan 11,003.54 2011 84 FYR Macedonia 10,945.61 2011 85 Thailand 10,848.74 2011 86 Serbia 10,787.58 2011 87 Timor-Leste 10,783.70 2009 88 Ecuador 10,517.91 2010 89 Tunisia 10,200.29 2010 90 China 10,011.48 2012 91 Dominican Republic 9,845.60 2004 92 Maldives 9,579.23 2006 Country 2013 Estimates Start After 93 Turkmenistan 9,394.35 2007 94 Jamaica 9,323.34 2010 95 Belize 8,963.61 2012 96 Marshall Islands 8,793.02 2011 97 Guyana 8,488.39 2002 98 Bosnia and Herzegovina 8,406.07 2010 99 Albania 8,290.46 2008 100 Namibia 8,159.88 2008 101 Tonga 7,753.90 2006 102 Algeria 7,736.90 2011 103 El Salvador 7,648.21 2007 104 Iraq 7,604.93 2004 105 Ukraine 7,532.92 2011 106 Micronesia 7,532.58 2011 107 Bhutan 7,187.72 0 108 Paraguay 6,787.73 2011 109 Egypt 6,652.92 2010 110 Angola 6,650.29 2000 111 Sri Lanka 6,550.22 2011 112 Georgia 6,355.74 2011 113 Samoa 6,282.41 2011 114 Jordan 6,198.91 2010 115 Mongolia 6,134.48 2011 116 Armenia 6,128.16 2011 117 Kiribati 6,125.06 2009 118 Swaziland 5,806.66 2008 119 Morocco 5,537.51 2011 120 Guatemala 5,335.95 2005 121 Bolivia 5,330.64 1981 122 Indonesia 5,302.03 2010 123 Vanuatu 5,093.80 2009 124 Fiji 4,947.38 2007 125 Republic of Congo 4,937.41 2004 126 Honduras 4,741.16 2001 127 Philippines 4,691.15 2011 128 Nicaragua 4,641.61 2007 129 Cape Verde 4,313.48 2008 130 India 4,060.22 2010 131 Uzbekistan 3,820.65 2010 132 Vietnam 3,750.00 2010 133 Moldova 3,613.35 2012 134 Ghana 3,501.53 0 135 Solomon Islands 3,458.50 2010 136 Tuvalu 3,423.06 2011 137 Lao P.D.R. 3,260.59 2011 138 Pakistan 2,969.68 2011 139 Papua New Guinea 2,896.83 2010 140 Nigeria 2,883.44 2006 141 Djibouti 2,778.25 1999 142 Cambodia 2,579.06 2008 143 Kyrgyz Republic 2,567.82 2010 144 Sudan 2,550.10 2006 145 Cameroon 2,473.13 2010 146 Sao Tome and Principe 2,432.93 2010 147 Tajikistan 2,373.96 2011 148 Yemen 2,351.46 2008 149 Lesotho 2,244.10 2006 150 Mauritania 2,230.44 2009 151 Bangladesh 2,174.32 2010 152 Senegal 2,086.38 2011 153 Chad 2,061.63 2004 154 The Gambia 2,008.23 2010 155 Kenya 1,884.57 2010 156 Zambia 1,841.64 2010 157 Ivory Coast 1,839.67 2009 158 Benin 1,717.82 2011 159 Tanzania 1,670.21 2006 160 Rwanda 1,591.71 2010 161 Sierra Leone 1,559.95 2011 162 Myanmar 1,490.53 2006 163 Burkina Faso 1,488.33 2010 164 Uganda 1,459.62 2010 165 Haiti 1,358.10 0 166 Nepal 1,347.62 2011 167 South Sudan 1,324.10 2008 168 Comoros 1,296.77 2003 169 Guinea-Bissau 1,268.46 2004 170 Mozambique 1,262.96 2010 171 Ethiopia 1,258.60 2008 172 Guinea 1,162.18 2009 173 Togo 1,145.94 2010 174 Mali 1,136.77 2010 175 Afghanistan 1,072.19 2007 176 Madagascar 972.07 2006 177 Malawi 893.84 2009 178 Niger 853.43 2009 179 Central African Republic 827.93 2004 180 Eritrea 792.13 2006 181 Liberia 716.04 2009 182 Burundi 648.58 0 183 Zimbabwe 589.46 2008 184 Democratic Republic of the Congo 394.25 1983 There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a countrys economy. A refinement of this is per-capita GDP, which is a measure of the average welfare and affluence, or poverty, of residents of a country. However, GDP and per-capita GDP are less useful when comparing economies across national boundaries - which one must do to determine the richest or poorest countries in the world - because GDP is expressed in a countrys local currency. The measure that most economists prefer, therefore, is GDP (PPP) [GDP based on purchasing power parity] per capita. GDP (PPP) per capita compares generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of countries, rather than using just exchange rates, which may distort the real differences in income. The indicator measures GDP converted to a common set of prices in a common currency (international dollars, also called Geary-Khamis dollars) so that real quantity comparisons can be made both between countries and over time. In 2013, wealth continues to be highly concentrated in a few Gulf states, Europe and North America. With a per-capita GDP (PPP) of over 105 thousand dollars, Qatar dominates the ranking. Luxembourg comes a distant second with close to 80 thousand dollars and Singapore third with just more than 61 thousand dollars. The drop of per-capita GDP from the top of the ranking to almost all other countries is precipitous. Norway, which comes fourth with nearly 57 thousand dollars, has a per-capita GDP (PPP) thats almost half that of Qatar. Poverty remains extensive throughout the world, particularly in South Asia and Africa. In fact, Africa dominates the bottom of the ranking, occupying 9 of the last ten spots. The Democratic Republic of Congo is last with a per-capita GDP (PPP) of less than 400 dollars. Zimbabwe, Burundi and Liberia come just before it. The first non-African country to be found among the worlds poorest nations is Afghanistan, with just over a thousand dollars. GDP is not a perfect measure to describe the wellbeing and quality of life of populations, and there are other indexes that take into account other variables such as life expectancy, income distribution, literacy, etc. - for example, the UN Human Development Index and the Index of Sustainable Economic Welfare. In fact, GDP is often considered imperfect even to measure overall economic strength. (See the report released in 2009 by a commission chaired by Nobel Prize-winning economists Professor Joseph E. Stiglitz and Professor Amartya Sen, and by Professor Jean-Paul Fitoussi. Download PDF and Beyond GDP from the European Commission). Still, when taken with PPP, it is a useful tool for comparing economies across national boundaries. For a further discussion of Gross Domestic Product Purchasing Power Parity (GDP PPP), click here. For definitions of other indicators, click here. For a list of countries in the regions listed in the regional table, click here. alt Sources Read more: gfmag/component/content/article/119-economic-data/12529-the-worlds-richest-and-poorest-countries.html#ixzz31mKKJ7d3 Under Creative Commons License: Attribution Share Alike
Posted on: Thu, 15 May 2014 10:22:48 +0000
Recently Viewed Topics
© 2015