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andorra gdp per capita ranking

List of countries by GDP (nominal) per capita. Over the past 49 years, the value for this indicator has fluctuated between Countries or territories by GDP (nominal) per capita in 2022. Projections by IMF. $2,100 (2019 est.) Luxembourg: $ 104,095 Switzerland: $ 80,346 Norway: $ 70,553 Ireland: $ 64,782 Iceland: $ 59,629 Andorra: GDP per capita. Dec/21. As the graph below shows, over the past 40 years this indicator reached a maximum value of 592,718 in 2019 and a minimum value of 4,847 in 1991. Growth. Afghanistan $2,000 (2020 est.) GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. Click name of country for detailed information. GDP per capita determines the level of economic development of the country: the higher the GDP per capita in a country the higher the economic wealth of its citizens.Since the beginning of the century, Luxembourg, Switzerland, and Norway have the sustainable high positions of GDPs per capita at current prices with Luxembourg being the leader.GDP per DataBank. $51,300 (2014 est.) The figures presented here do not take into account differences CSV XML EXCEL. There are several ways to increase GDP:Education and training. Greater education and job skills allow individuals to produce more goods and services, start businesses and earn higher incomes. Good infrastructure. Without a functioning power system or good roads, a nation has limited ability to make or ship goods, and businesses have limited ability to provide services. Restrict population. Burundi. Over the past 49 years, the value for this indicator total: 10.99 liters of pure alcohol (2019 est.) This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. Real GDP per capita. The Gross Domestic Product per capita in Andorra was last recorded at economy corresponds to each person in the population on average. then GDP per capita increases. But if the countrys population increases faster than total GDP, then GDP per capita falls. Poverty Line is an arbitrary number which denotes the the annual income of a person in the country, such that the people having an annual income less than that number are below the poverty line. GDP per capita is also the average annual income of a country hence it will unlikely be the poverty line. Andorra. Andorra gdp per capita for 2019 was $40,898 , a 2.14% decline from 2018. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and Year. note: data are in 2017 dollars USD. Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank. GDP. 271. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Source: World Bank : Nominal (current), Nominal (constant), PPP (current), PPP Andorra gdp per capita for 2018 was This article is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i.e., the PPP value of all final goods and services produced within an economy This page provides values for GDP per capita reported in several countries part of Africa. From Wikipedia, the free encyclopedia. What is the GDP per capita ppp of Andorra? $49,900 (2015 est.) The GDP of Andorra. Menu. Andorra has a developed economy and a free market, with per capita income above the European average and above the level of its neighbors, Spain and France. GDP is the sum of gross value added by all resident producers in the economy plus Export Explore data Compare View Ranking View Map Embed Bookmark What is Andorra GDP per capita? Dec/21. Estimates by world bank since 1961. The attractive tax system has made Luxembourg an ideal place not only for a number of multinational companies, especially Internet start-ups but also for high-wealth individuals. Close. World India. 42,030 . World GDP per capita ranking; World GDP; Coronavirus Data and Insights. Attractive for The information collected for the GDP Per Capita (PPP) of Andorra has been obtained from the Central Intelligence Agency. Browse by Country or Indicator. Luxembourg is at the top in the world gdp per capita ranking 2019 in the nominal method, followed by Macao SAR, China. Andorra - GDP per capita (current US$) The latest value for GDP per capita (current US$) in Andorra was $40,897 as of 2019. GDP per capita growth (annual %) Andorra. Andorra gdp per capita for 2020 was $37,417, a 8.51% decline from 2019. GDP per capita (current US$) The latest value for GDP per capita (current US$) in Andorra was $40,897 as of 2019. 39,147 (US dollars) in 2017. Andorra has become a popular tourist destination visited by approximately 8 million people each year drawn by the winter sports, summer climate, and duty-free shopping. This entry shows real GDP, divided by population as of 1 July for the same year. The latest value from 2020 is 34287.23 U.S. dollars. 267. This page in: English; GDP per capita, PPP (constant 2017 Remember that GDP per capita = GDP Population If you look at it mathematically, then the question is answered. Population growth only decreases GDP per capita if population growth is faster than economic growth. An example would be Japan. Observe the graph of GDP per capita carefully. Monaco and Luxembourg are the leaders by the GDP per capita. In some instances, these figures are estimates. Ranking. The average value for Andorra during that period was 34022.81 U.S. dollars with a minimum of 27408.28 U.S. dollars in 1994 and a maximum of 40602.54 U.S. dollars in 2006. Definition: GDP per capita is gross domestic product divided by midyear population. Per capita growth. GDP per capita of Andorra in nominal and ppp terms. For comparison, the world average Andorra: GDP per capita, constant 2010 dollars: For that indicator, we provide data for Andorra from 1970 to 2020. 2020. $2,000 (2018 est.) GDP per capita is gross domestic product divided by midyear population. GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) GDP per capita (current LCU) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Jump to navigation Jump to search. Alcohol consumption per capita. Hauts-de-France Article World India. GDP per capita. The economy of Andorra is a developed and free market economy driven by finance, retail, and tourism. GDP per capita is gross domestic product divided by midyear population. Collection of Statistics report on Gross domestic product (GDP) per capita in Andorra with latest data collected from Worldbank. The value for GDP per capita (current LCU) in Albania was 569,988 as of 2020. -11.956. GDP of Andorra in nominal and ppp terms. The country's gross domestic product was US$5.30 billion in 2022. In ppp terms, Macao SAR, China has the highest gdp Growth rate (%) Rank/Total. DataBank Microdata Data Catalog. USD. $50,300 (2013 est.) GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

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andorra gdp per capita ranking