IMF Members' Quotas and Voting Power, and Board of Governors, IMF Regional Office for Asia and the Pacific, IMF Capacity Development Office in Thailand (CDOT), IMF Regional Office in Central America, Panama, and the Dominican Republic, High-Level Summary Technical Assistance Reports, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves, World Economic Outlook, October 2022: Countering the Cost-of-Living Crisis, World Economic Outlook Update, July 2022:Gloomy and More Uncertain, World Economic Outlook, April 2022: War Sets Back The Global Recovery, World Economic Outlook Update, January 2022: Rising Caseloads, A Disrupted Recovery, and Higher Inflation, World Economic Outlook, October 2021: Recovery During A Pandemic, World Economic Outlook Update, July 2021: Fault Lines Widen in the Global Recovery, World Economic Outlook, April 2021: Managing Divergent Recoveries, World Economic Outlook Update, January 2021: Policy Support and Vaccines Expected to Lift Activity. Description: Description: The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. SDR Interest Rate Calculation. Countries with the largest gross domestic product (GDP) 2022 Fuel and food prices have increased rapidly, hitting vulnerable populations in low-income countries hardest. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic. Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. Description: Chinas recent reopening has paved the way for a faster-than-expected recovery. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Description: Additional troubleshooting resources. The Gross Domestic Product per capita in Philippines was last recorded at 3327.68 US dollars in 2021. This page provides - Philippines GDP per . Description: Show sources information Use Ask Statista Research Service, Annual average unemployment rate in Germany 2005-2023, Monthly inflation rate in Germany 2022-2023, Purchasing managers' index for the industrial sector in Germany 2020-2022, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. 9. How Old Are the Worlds Nuclear Reactors? Et Fi Gdp - World Rankings - Blue Growth World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Gross domestic product (GDP) per capita (in PPP dollars) in the 2022 International Monetary Fund. Click here to know more. statistic alerts) please log in with your personal account. Performance & security by Cloudflare. Gross domestic product (GDP) in India 2028, Countries with the lowest estimated GDP per capita 2023, Countries with the largest gross domestic product (GDP) per capita 2022, Countries with the largest gross domestic product (GDP) 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Then you can access your favorite statistics via the star in the header. As of 2021, Luxembourg would remain at the top spot in gdp per capita ranking in nominal and PPP terms. World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. See a ranking of the poorest countries in the world. dollars) Statista, https://www.statista.com/statistics/722960/g20-country-gdp-levels-per-capita/ (last visited July 01, 2023), Gross domestic product per capita of G20 countries in 2023 and 2028* (in PPP int. 10 richest countries in the world by GDP per capita - IMMIGRANT INVEST IMF Members' Quotas and Voting Power, and Board of Governors, IMF Regional Office for Asia and the Pacific, IMF Capacity Development Office in Thailand (CDOT), IMF Regional Office in Central America, Panama, and the Dominican Republic, High-Level Summary Technical Assistance Reports, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves. Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Global growth is expected to slow to 3.8 percent in 2023. Members' Financial Data. Cloudflare Ray ID: 7dfb32e49e472b26 World Economic Outlook, April 2023: A Rocky Recovery - IMF Visualized: The 100 Largest U.S. Banks by Consolidated Assets, Visualizing Every Company on the S&P 500 Index, Ranked: The Most Innovative Companies in 2023, Ranked: Americas Largest Semiconductor Companies, Visualizing the Top U.S. States for AI Jobs, Ranked: The Worlds Top 25 Websites in 2023, Ranked: The Most Affordable U.S. Cities for Home Buyers, Charted: Public Trust in the Federal Reserve, Charting the Rise of Americas Debt Ceiling, Ranked: The Worlds Top 50 Endowment Funds, Comparing the Speed of Interest Rate Hikes (1988-2023), Ranked: The Best U.S. States for Retirement. As a Premium user you get access to background information and details about the release of this statistic. Largest economies in the world by PPP GDP in 2023 according to International Monetary Fund estimates [1] GDP (PPP) by country in 2022 according to the IMF GDP (PPP) means gross domestic product based on purchasing power parity. Data for the European Union has been excluded due to overlap with G20 members France, Germany, Italy and the United Kingdom. "Gross Domestic Product (Gdp) per Capita (in Ppp Dollars) in Panama from 2006 to 2028 (in Thousand Ppp Dollars). The IMFs gold standard for data transparency the SDDS Plus has reached 30 participants, with Belgium just joining the standard. According to projections by the IMF, per capita GDP in China will escalate from around 12,814 U.S. dollars in 2022 to 19,623 U.S. dollars in 2028. The World Bank also uses GNI (nominal) per capita to classify income groups. Gross domestic product (GDP) per capita in Ecuador 2006-2028 2023 Projected Consumer Prices (% Change). The use of digital financial services continued to expand in 2021, with considerably higher transaction values than the pre-pandemic levels, while access to and use of traditional services remained broadly stable. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than projected in January. Carbon credits are used to help fund projects that avoid, reduce or remove CO emissions. There is an unknown connection issue between Cloudflare and the origin web server. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Luxembourg would remain at the top spot of nominal ranking for the next few years as it is ahead of 2nd ranked occupier Ireland by a huge margin of $28,908. This statistic is not included in your account. The present publication presents time series which extend beyond the date of the United Kingdom's withdrawal from the European Union on February 1st, 2020. Statista. The January 2023 World Economic Outlook Update projects that global growth will fall to 2.9 percent in 2023 but rise to 3.1 percent in 2024. Both metrics show a continuation of historical trends of regional wealth in the world. IMF Financial Activities. Most recent updates to the Dashboard highlight that the latest data for National Determined Contributions do not deliver the deep reductions required to limit global warming. Chart: Automakers Adoption of Fuel-Saving Technologies. The 2023 forecast is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook but below the historical average of 3.8 percent. World Economy Ranking 2023 The International Monetary Fund (IMF) produces the World Economic Outlook (WEO) study twice a year based on each nation's growth, gross domestic product (GDP), consumer price index, unemployment rate, surplus, and deficit. 2023 GDP Growth Outlook. Currently this metric is at $13,920 globally in 2023, up from $13,400 in 2022 and $11,160 in 2020, all nominal figures, not accounting for inflation. Global inflation is forecast to rise from 4.7 percent in 2021 to 8.8 percent in 2022 but to decline to 6.5 percent in 2023 and to 4.1 percent by 2024. Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. IMF 2023 GDP ranking | Page 3 | FanVerse According to the IMF the top ten countries in nominal terms in 2018 were : United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil and Canada. Thank you for your comment, we value your opinion and the time you took to write to us! Multilateral efforts to respond to the humanitarian crisis, prevent further economic fragmentation, maintain global liquidity, manage debt distress, tackle climate change, and end the pandemic are essential. Global inflation is expected to fall to 6.6 percent in 2023 and 4.3 percent in 2024, still above pre-pandemic levels. China: GDP per capita 1985-2028 | Statista GDP By Size | 2023 | Rankings | GDP PPP | Data - World Economics "Gross Domestic Product per Capita of G20 Countries in 2023 and 2028* (in Ppp Int. Bitter Dose & Harsh Reality: Why are online pharmacies and healthtech platforms bleeding? The G20 is an international organization whose permanent members are 19 countries and the European Union. The ideal entry-level account for individual users. Impact of the coronavirus (COVID-19) on global GDP, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Click the charts or button below to see more charts showing the world economy of today and how it could look in 2030. War-induced commodity price increases and broadening price pressures have led to 2022 inflation projections of 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies1.8 and 2.8 percentage points higher than projected last January. (April 11, 2023). In a plausible alternative scenario with further financial sector stress, global growth declines to about 2.5 percent in 2023 with advanced economy growth falling below 1 percent. 5 List of countries by GDP (nominal) - Wikipedia Philippines GDP per capita 2022 Data - 2023 Forecast - TRADING ECONOMICS Data note: The IMF dataset does not include data for all countries, and those with missing data for 2023 have not been included in this visualization. Which Countries Produce the Most Natural Gas? Global headline inflation in the baseline is set to fall from 8.7 percent in 2022 to 7.0 percent in 2023 on the back of lower commodity prices but underlying (core) inflation is likely to decline more slowly. and over 1Mio. facts. The upward revision reflects additional fiscal support in a few large economies, the anticipated vaccine-powered recovery in the second half of 2021, and continued adaptation of economic activity to subdued mobility. Ranked: The World's 25 Richest Countries by GDP per Capita PDF List of Countries by Projected GDP per capita While many large businesses and countries have committed to net-zero goals, it is essential to acknowledge that your everyday activities also contribute to global emissions. IMF. The gross domestic product (GDP) per capita (in PPP dollars) in Ecuador was forecast to continuously increase between 2023 and 2028 by 0.8 thousand PPP dollars (+7.26 percent). China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. BRICS: GDP per country 2028 | Statista To help support the investigation, you can pull the corresponding error log from your web server and submit it our support team. Brazil, Annual .. . Profit from the additional features of your individual account. Books help me express myself: Vikas Khanna. IMF Finances. All rights reserved. GDP per capita is an evolution of this metric, and is obtained by dividing a country's GDP by its population. A BCG-Patch survey revealed that only 34% of U.S. consumers are familiar with carbon credits, and only 3% have purchased them in the past. G7: GDP per capita by country 2023 | Statista IMF - International Monetary Fund 2023 | countryeconomy.com Luxembourgs per capita GDP is nearly 415 times the per capita GDP of the worlds poorest country, Burundi, at $303. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. In, IMF. Currently, you are using a shared account. Directly accessible data for 170 industries from 150+ countries By contrast, the forecast for advanced economies is revised up. World Economic Outlook (October 2022) - GDP per capita, current prices. If you are an admin, please authenticate by logging in again. Overview In 2022, Luxembourg and Ireland recorded the highest level of GDP per capita in the EU, at 161 % and 133 % above the EU average. Global growth is projected at 6% in 2021, moderating to 4.4% in 2022. Global growth is projected to slow from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023. In terms of GDP purchasing power parity, the UK is in the ninth spot with a GDP (PPP) of The UK is ranked 23rd for GDP per capita which is $42,558. List of countries by GDP (gross domestic product) may refer to: List of countries by GDP (nominal) per capita, List of countries by past and projected GDP (nominal), List of countries by past and projected GDP (nominal) per capita, List of countries by GDP (PPP) per capita, List of countries by past and projected GDP (PPP), List of countries by past and projected GDP (PPP) per capita, List of countries by real GDP growth rate, List of regions by past GDP (PPP) per capita, List of country subdivisions by GDP over 200 billion US dollars, List of sovereign states by wealth inequality, List of countries by Human Development Index, https://en.wikipedia.org/w/index.php?title=Lists_of_countries_by_GDP&oldid=1149846624, This page was last edited on 14 April 2023, at 19:59. Beyond 2023, global growth is forecast to decline to about 3.3 percent over the medium term. The IMF Press Center is a password-protected site for working journalists. Your choice of transportation plays a crucial role in determining your carbon footprint. Changes in rank: Egypt (+14) and Tuvalu (+14) are huge gainers in the gdp per capita ranking. Formerly known for its steel manufacturing, the country now boasts a large financial services sector, which accounts for the majority of its economic output. Available: https://www.statista.com/statistics/1392471/gross-domestic-product-gdp-per-capita-in-ppp-dollars-panama/, Gross domestic product (GDP) per capita (in PPP dollars) in Panama from 2006 to 2028, Immediate access to statistics, forecasts & reports, Monthly change of incoming orders in manufacturing sector in Germany 2020-2022, Change of incoming orders in the construction industry in Germany 2022-2023, Number of building permits for residential and non-residential buildings Germany 2021, Economic expectations based on the ZEW index in Germany 2020-2022, DIW economic barometer development for Germany Q4 2020-Q4 2022, Development of the ifo Business Climate Index in Germany 2020-2022, ifo Business Climate balance for the economy in Germany 2021-2022, ifo Business Climate balance for the manufacturing sector in Germany 2021-2022, Gross domestic product (GDP) in Germany Q3 2018-Q3 2022, Output change of the goods-producing industry in Germany 2022, by segment, Development of producer prices in Germany 2022-2023, Monthly change of export volume in Germany 2022-2023, Monthly change of import volume in Germany 2022-2023, Quarterly private and government consumption expenditure change in Germany 2018-2022, Ratio of government expenditure to gross domestic product (GDP) in Germany 2028, Y-o-y disposable income and consumer spending change private households Germany 2022, Annual average unemployment figures for Germany 2005-2023, Monthly unemployment rate in Germany 2022-2023, Monthly number of unemployed persons in Germany March 2022-March 2023, Number of job openings reported in Germany 2011-2023, Number of corporate insolvencies in Germany 1950-2020, Forecast for the economic development in Germany 2021-2022, Year-on-year GDP development in Germany 2007-2024, Number of unemployed people Germany 2009-2023, Gross domestic product (GDP) per capita (in PPP dollars) in Panama from 2006 to 2028 (in thousand PPP dollars), Find your information in our database containing over 20,000 reports. You can then purchase these carbon credits to help fund climate solutions around the world and compensate for your own emissions. GDP per capita of world in 2018 is forecasted at $11,727 its GDP per capita (PPP) is projected . Global economic activity is experiencing a broad-based and sharper-than-expected slowdown, with inflation higher than seen in several decades. Please create an employee account to be able to mark statistics as favorites. Description: The GDP per capita is estimated . A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. Major reasons for this are high economic. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Gross domestic product (GDP) per capita (in PPP dollars) in - Statista GDP per capita is a country's gross domestic product divided by the country's total population. You can change your personal cookie settings through your internet browser settings. Please include the Ray ID (which is at the bottom of this error page). Numbers for 2023 are estimates.
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