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Which country has the highest GDP per capita by purchasing power parity?

Which country has the highest GDP per capita by purchasing power parity?

Qatar
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….GDP per Capita.

# 1
Country Qatar
GDP (PPP) per capita (2017) $128,647
GDP (nominal) per capita (2017) $61,264
vs. World PPP GDP per capita ($17,100) 752%

Which country has highest purchasing power parity?

Country Comparison > GDP (purchasing power parity) > TOP 10

Rank Country GDP (purchasing power parity) (Billion $)
1 China 25,360
2 United States 19,490
3 India 9,474
4 Japan 5,443

What is the average GDP per capita measured in PPP for the world?

Int$18,381
As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381.

Does GDP per capita measure purchasing power?

GDP per capita is a country’s economic output divided by its population. Purchasing power parity compares different countries’ economic output.

What is the richest country in the world 2021?

Richest Countries In The World 2021

  • Luxembourg (GDP per capita: $118,001)
  • Singapore (GDP per capita: $97,057)
  • Ireland (GDP per capita: $94,392)
  • Qatar (GDP per capita: $93,508)
  • Switzerland (GDP per capita: $72,874)
  • Norway (GDP per capita: $65,800)
  • United States of America (GDP per capita: $63,416)

What is the PPP adjusted GDP per capita?

The GDP per Capita, in the United States, when adjusted by Purchasing Power Parity is equivalent to 353 percent of the world’s average. source: World Bank GDP per capita PPP in the United States averaged 51499.23 USD from 1990 until 2019, reaching an all time high of 62682.80 USD in 2019 and a record low of 39919.70 USD in 1991.

What is the per capita GDP of the world?

As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$ 18,381. For rankings regarding wealth, see list of countries by wealth per adult . The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations.

What is an example of purchasing power?

In its simplest form, purchasing power is a measurement of how much an individual or organization can buy via cash or credit. For example, if someone has $5,000 in cash and pre-approval for a $10,000 auto loan, then she has $15,000 of purchasing power when she goes to the car lot.