what is the per capita gdp in the us
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United States GDP per capita PPP 1990-2018 | Data | Chart | Calendar The Gross Domestic Product per capita in the United States was last recorded at 52117.76 US dollars in 2014, when adjusted by purchasing power parity (PPP).
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United States GDP per capita PPP 1990-2018 | Data | Chart | Calendar The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides-United States GDP per capita PPP-actual values, historical data, forecast, chart, statistics, economic calendar and news.
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- The GDP per capita in Philippines is $4,700 while in The United States it is $52,800. This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
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Country vs country: Russia and United States compared: Economy stats GDP-per capita (PPP): $3,100 (2013 est.). $3,100 (2012 est.). $3,000 (2011 est.). note: data are in 2013 US dollars. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.ariable: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. Note: Expressed in GDP in PPP dollars per person. Data are derived by dividing GDP in PPP dollars by total population.
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GDP per capita “ Even though China is expected to overtake the United States in total Gross Domestic Product (GDP), the United States still maintains a significantly higher GDP per capita, which indicates a higher standard of living for the average U.S. citizen.
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Country vs country: Russia and United States compared: Economy stats The United States is the 2nd largest export economy in the world. In 2016, the United States exported $1.42T and imported $2.21T, resulting in a negative trade balance of $783B. In 2016 the GDP of the United States was $18.6T and its GDP per capita was $57.5k.
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- Per capita is a Latin term that roughly translates as by heads. This may be better understood as per person or per individual unit, and it usually refers to a group of people and some form of income either earned or spent.er capita takes individuals or groups of individuals and creates averages or means for things like income. Combining salaries is one way of averaging a city's per capita income.
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United States - GDP per capita The latest value for GDP per capita (constant 2005 US$) in United States was 45,710 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between 45,710 in 2013 and 15,792 in 1960.he latest value for GDP per capita (constant 2005 US$) in United States was 45,710 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between 45,710 in 2013 and 15,792 in 1960.
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Capitalismâs Triumph But perhaps more telling than such extreme examples is the fact that countries in the top quartile of the Cato Institute’s annual Economic Freedom of the World Index had an average per capita GDP of $31,501 in 2009, compared with $4,545 for those nations in the bottom quartile.
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United States GDP 1960-2018 | Data | Chart | Calendar | Forecast | News The Gross Domestic Product (GDP) in the United States was worth 18036.65 billion US dollars in 2015. The GDP value of the United States represents 29.09 percent of the world economy. GDP in the United States averaged 6560.26 USD Billion from 1960 until 2015, reaching an all time high of 18036.65 USD Billion in 2015 and a record low of 543.30 USD Billion in 1960.
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GDP Per Capita with its Formula and Country Comparisons As a result, its GDP per capita is only $57,300. That makes it the 18th most prosperous country per person. China has the largest GDP in the world, producing $21.2 trillion in 2016. But its GDP per capita was only $15,400 because it has four times the number of people as the United States. It's the most populous country in the world, with 1.37 billion people. The European Union is the world's second most prosperous economy, at $19.2 trillion.
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- The GDP per capita in Finland is $35,900 while in The United States it is $52,800. This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
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GDP Per Capita with its Formula and Country Comparisons GDP per capita allows you to compare the prosperity of countries with different population sizes. For example, U.S. GDP was $18.56 trillion in 2016. But one reason America is so prosperous is it has so many people. It's the third most populous country after China and India.
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GDP per capita vs. per capita income? Best Answer: GDP per capita is the same thing as income per capita. However median and average are calculated in two different ways. Average is the sum of all incomes divided by the number of people. Median is the middle value of a group.
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United States GDP per capita 1960-2018 | Data | Chart | Calendar GDP per capita in the United States averaged 31261.08 USD from 1960 until 2014, reaching an all time high of 46405.26 USD in 2014 and a record low of 15791.86 USD in 1960.
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- GDP per capita (current LCU). The value for GDP per capita (current LCU) in United States was 53,042 as of 2013. As the graph below shows, over the past 53 years this indicator reached a maximum value of 53,042 in 2013 and a minimum value of 3,007 in 1960.he latest value for GDP per capita (constant 2005 US$) in United States was 45,710 as of 2013. Over the past 53 years, the value for this indicator has fluctuated between 45,710 in 2013 and 15,792 in 1960.
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Gross domestic product (GDP) per capita in the United States 2022 The statistic shows the gross domestic product (GDP) per capita in the United States from 2010 to 2014, with projections up until 2020. In 2011, the gross domestic product per capita in the United States amounted to around 49,725 U.S. dollars.
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United States GDP 1960-2018 | Data | Chart | Calendar | Forecast | News United States GDP 1960-2017 | Data | Chart | Calendar | Forecast | News. The Gross Domestic Product (GDP) in the United States was worth 18036.65 billion US dollars in 2015. The GDP value of the United States represents 29.09 percent of the world economy. GDP in the United States averaged 6560.26 USD Billion from 1960 until 2015, reaching an all time high of 18036.65 USD Billion in 2015 and a record low of 543.30 USD Billion in 1960. 1Y 5Y 10Y MAX.
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- The GDP per capita in Venezuela is $13,600 while in The United States it is $52,800. This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
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What is 'Per Capita GDP ' DEFINITION of 'Per Capita GDP '. A measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in the country.The per capita GDP is especially useful when comparing one country to another because it shows the relative performance of the countries.EFINITION of 'Per Capita GDP '. A measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in the country.
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Gross domestic product (GDP) per capita in the United States 2022 In 2011, the gross domestic product per capita in the United States amounted to around 49,725 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide.
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- Gross domestic product (GDP) is the total dollar value of all goods and services produced by a country in a given year. It is one of the primary indicators used to evaluate a country's economy and can be calculated in market exchange terms and in purchasing power parity (PPP) terms.
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- GDP per capita is a measure of average income per person in a country. 1  GDP stands for Gross domestic product. 2  This measure National income / National Output and National expenditure. 3  GDP per capita divides the GDP by the population.4  Real GDP per capita takes into account inflation. GDP stands for Gross domestic product. 2  This measure National income / National Output and National expenditure. 3  GDP per capita divides the GDP by the population. 4  Real GDP per capita takes into account inflation.
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What is the GDP per capita, and why is it important.? Best Answer: It is a measurement of national wealth. Essentially, it is a measure of the economic output of a nation on a per person level. For instance, a per capita GDP of $40,000 means that, on average, each person generates that amount of economic output.Of course, in reality, each person may earn far more or far less than this number.It is important because it measures the relative wealth of a nation on a microeconomic scale.For instance, a country like Chad has a very low GDP (something like $500/per person) versus the USA (something like $45k/ per person).t is important because it measures the relative wealth of a nation on a microeconomic scale. For instance, a country like Chad has a very low GDP (something like $500/per person) versus the USA (something like $45k/ per person).
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- For a wealthy nation, such as the United States, with a GDP in the neighborhood of $10 trillion, the 0.5 percentage point difference between 2.5 and 3.0 percent amounts to $50 billion a year, or more than $150 per person per year.
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- GDP per capita is a measure of country's gross domestic product by person. Real GDP per capita allows you to compare across time and countries. GDP per capita is a measure of country's gross domestic product by person.