Burundi
The 20 countries with the lowest gross domestic product (GDP) per capita in 2020. In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia. All three countries struggle economically, because of poorly developed infrastructure and a low standard of living.
What is a country’s GDP per capita?
What Is Per Capita GDP? Per capita gross domestic product (GDP) is a metric that breaks down a country’s economic output per person and is calculated by dividing the GDP of a country by its population.
What is the GDP of every country?
GDP by Country
| # | Country | GDP (abbrev.) |
|---|---|---|
| 1 | United States | $19.485 trillion |
| 2 | China | $12.238 trillion |
| 3 | Japan | $4.872 trillion |
| 4 | Germany | $3.693 trillion |
Which country GDP is high 2021?
According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP: United States (GDP: 20.49 trillion) China (GDP: 13.4 trillion) Japan: (GDP: 4.97 trillion)
What’s the average GDP per capita in the world?
As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$ 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.
Which is the richest country in the world by per capita?
As of 2019 at current $, Luxembourg is the richest country of the world having GDP (nominal) per capita over one lakh USD that is close to 10 times to the world GDP per capita of $11,463 and over 400 times of lowest ranked South Sudan of US$275. In World Bank data, Monaco and Liechtenstein has better per capita gdp than Luxembourg.
What was the GDP of the world in 2017?
Population figures based on United Nations data. World’s GDP is $80,934,771,028,340 ( nominal, 2017). (abbrev.)
What happens to countries with low per capita GDP?
However, countries with low levels of per capita GDP to begin with—including many nations in Africa—can have rapidly increasing populations with little GDP growth, resulting in a steady erosion of living standards. Global analysis of per capita GDP helps provide comparable insight on economic prosperity and economic developments across the globe.
