Friday, October 17, 2008

List of Countries by GDP (PPP) per capita (2007 est.)

GDP - Gross Domestic Product
PPP - Purchasing Power Parity per capita
GDP at PPP - the value of all final goods and services produced within a nation in a given year divided by the average (or mid-year) population for the same year.

PPP figures are estimates rather than hard facts, and should be used with caution. The results produced by different organizations (i.e. International Monetary Fund (IMF), Central Intelligence Agency (CIA), and World Bank) for the same country tend to differ, sometimes substantially.

DATA FROM THE IMF
Top 10 Countries, based on GDP per capita (2007 est.)
1. Qatar - $85,638
2. Luxembourg - $79,660
3. Norway - $53,152
4. Brunei - $50,790
5. Singapore - $49,754
6. United States - $45,725
7. Ireland - $43,414
8. Switzerland - $41,265
9. Kuwait - $39,344
10. Iceland - $39,168

(a) Philippines ranks 122nd among 179 countries, with a GDP per capita of $3,383. Fifty-seven countries have lower GDP per capita compared to the Philippines.

(b) Several economies which are not considered to be countries (world, EU, and some dependent territories) are included in the complete list because they appear in the sources. These economies are not ranked in the charts, but are listed in sequence by GDP for comparison. An example is, Hong Kong, with $42,124 GDP per capita.

Here are the Bottom 10 Countries (Rank 171 and so on):
1. Eritrea - $747
2. Afghanistan - $733
3. Central African Republic - $726
4. Sierra Leone - $693
5. Niger - $667
6. Guinea-Bissau - $484
7. Burundi - $372
8. Liberia - $358
9. Congo, Democratic Republic of - $312
10. Zimbabwe - $188

DATA FROM THE WORLD BANK

Top 10 Countries (2007 est.):
1. Luxembourg - $78,985
2. Norway - $53,334
3. Singapore - $50,299
4. United States - $45,790
5. Ireland - $43,035
6. Switzerland - $39,963
7. Austria - $38,155
8. Netherlands - $37,960
9. Iceland - $37,174
10. Sweden - $36,365

(a) WB didn't post any data from Qatar, Brunei, and Kuwait, among others.
(b) The Philippines ranks 111th among 167 countries, with a GDP of $3,410. It has higher GDP per capita compared to 56 others.
(c) Hong Kong has $42,321.

Bottom 10 (Rank 158 and so on):
1. Timor-Leste - $776
2. Malawi - $756
3. Central African Republic - $714
4. Sierra Leone - $677
5. Niger - $628
6. Eritrea - $538
7. Guinea-Bissau - $477
8. Liberia - $358
9. Burundi - $341
10. Congo, Democratic Republic of - $298

WB didn't hold records for Afghanistan and Zimbabwe, among others.


DATA FROM THE CIA

Top 10 Countries (2007 est.):
1. Qatar - $87,600
2. Luxembourg - $79,400
3. Kuwait - $55,900
4. Norway - $53,300
5. Brunei - $51,000
6. Singapore - $49,900
7. Ireland - $46,600
8. United States - $45,800
9. Iceland - $40,400
10. Switzerland - $40,100

The Philippines ranks 131st out of 194 countries at $3,200 GDP per capita. Sixty-three countries hold lower GDP per capita compared to the Philippines.

Economies with high GDP per capita, but are not considered countries are as follows:
a. Bermuda - $69,900 (2004 est.)
b. Jersey - $57,000 (2005 est.)
c. Guernsey - $44,600 (2005 data)
d. Cayman Islands - $43,800 (2004 est.)
e. Hong Kong - $42,000 (2007 est.)
f. Virgin Islands, British - $38,500 (2004 est.)
g. Gibraltar - $38,200 (2005 est.)
h. Isle of Man - $35,000 (2005 est.)
i. European Union - $32,700 (2007 est.)
j. Faroe Islands - $31,000 (2001 est.)

Bottom 10 Countries (2007 est., Rank 185 and so on):
1. Ethiopia - $700
2. Central African Republic - $700
3. Niger - $700
4. Sierra Leone - $600
5. Somalia - $600
6. Guinea-Bissau - $600
7. Liberia - $500
8. Burundi - $300
9. Congo, Democratic Republic of - $300
10. Zimbabwe - $200

For the complete list of countries, visit http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita


References:

World Economic Outlook Database-October 2008, International Monetary Fund. Accessed on October 8, 2008.

PPP GDP 2007 & Population 2007, World Development Indicators database, World Bank, September 10, 2008. Note: Per capita values were obtained by dividing the PPP GDP data by the Population data.

GDP - per capita (PPP), The World Factbook, Central Intelligence Agency. Data last updated on October 2, 2008.

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