Gdp is the sum of gross value added by all resident producers in the economy plus. Part of the palgrave studies in economic history book series pehs. They must still be desperately poor and were terribly rich. Per capita income in world history iowa state university. It appears that gdp per capita levels do not necessarily converge acrosscountries, even advanced ones see for example the seminal papers from baumol, 1986, or barro, 1991. Germany compared to other countries the gdp per capita ppp of germany is similar to that of austria, kuwait, ireland, sweden, iceland, greenland, denmark, belgium, new caledonia, united kingdom with a respective gdp per capita ppp of 42,600, 42,100, 41,300, 40,900, 40,700, 38,400, 37,800, 37,800. The gross domestic product gdp of an economy is a measure of total. Gdp would have been on par with france and less than say united kingdom with ww2 unexpected by people that saw the independence for many countrys with germany being the main homestead for europeans aspects on the future that play on events on 194. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. For estimations of total gdp in history, see list of regions by past gdp ppp. When you look at portugal on the other hand, its gdp per capita is much lower at 21 812. In his 1995 book economics and world history, economic historian paul.
Aug 10, 2016 france would lose 15% of per capita income if it didnt have paris, where its biggest companies, like total, renault, and peugeot have their headquarters. Hci and gdp per capita ppp log scale, horizontal axis. The lists may be based on nominal or the more meaningful purchasing power parity gdp. Dollars economic output rebounds robustly in february. Germany is a federal republic situated in central europe. Gdp per capita in germany real gdp per capita in germany. For estimations of per capita gdp in history, see list of regions by past gdp ppp per capita. I include only france, germany, italy, the uk, the ussr, the usa, china, and japan.
The gdp per capita in germany is equivalent to 376 percent of the worlds average. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about germany economic outlook, debt to gdp ratio. I hate that they have the audacity to think that we should be grateful to them for it. The level of gdp per capita for norway in 2014 was closer to the european average compared to 2012 and 20 due to the export price decrease for crude oil. But ive seen datas from imf and world bank and the united kingdom have consistently over the past few decades had lower gdp per capita then both france and germany. Below you will find the last recordings for the indicator. Income inequality metrics measure the distribution of income between rich and poor.
In 2018, gdp per capita for netherlands was 53,228 us dollars. Most figures are from the federal statistical office of germany. World 17501990 bairoch in his 1995 book economics and world history, economic historian paul bairoch gave the following estimates in terms of 1960 us dollars, for gnp per capita from 1750 to 1990, comparing what are today the third world asia, africa, latin america and the first world western europe, northern america, japan, singapore and south korea. On almost every indicator, germanys south is the economist. Germany gdp from retail trade transportation accommodation. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. From the longterm perspective of social history, we know that economic. Norway still had one of the highest price leveladjusted gross domestic product gdp per capita in europe in 2014. These are lists of regions and countries by their estimated real gross domestic product gdp in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year.
Philippines gross domestic product gdp per capita 2024. Why are people in the united states, germany, and japan so much richer today than 100 or. Brian nolan has edited two books on the question which were published just recently. Purchasing power parity converted gdp per capita chain series for germany 2005 international dollars per person, annual, not seasonally adjusted 1970 to 2010 20120917 purchasing power parity converted gdp per capita laspeyres, derived from growth rates of consumption, government consumption, investment for germany. In his 1995 book economics and world history, economic historian paul bairoch gave the following estimates in terms of 1960 us. In other words, low gdp per capita countries do not necessarily catch up with high gdp per capita ones, and the gap may even increase over long period of time. This article is about the gross regional product grp per capita of german states in nominal values. The gdp per capita, in germany, when adjusted by purchasing power parity is equivalent to 259 percent of the worlds average. Like most european countries the service sector contributes the most to germanys gdp about 72. Mar 23, 2019 gdp would have been on par with france and less than say united kingdom with ww2 unexpected by people that saw the independence for many countrys with germany being the main homestead for europeans aspects on the future that play on events on 194. Approaching the problem in two different ways, the figure is approximately the same. S dollars per person, for the latest year for which data is published.
The lists may be based on nominal or purchasing power parity gdp. Germany gdp per capita 19702018 data historical chart. Gdp is the total value of all goods and services produced in a. South sudan and burundi would be the poorest economy in nominal and ppp, respectively. Germany, gdp, per capita economic data series fred. The most comprehensive source for historical gdp per capita data is the angus maddison database. The basis of singapores wealth is its financial services sector, a chemical export industry, and its liberal.
These figures have been taken from the international monetary funds world economic outlook weo database, april 2019 edition. List of countries by past and projected gdp nominal per. Germany gdp per capita growth gdp per capita growth annual % the value for gdp per capita growth annual % in germany was 1. Please use the search box above to select a different country or region. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. List of regions by past gdp ppp per capita wikipedia. And heres the same chart, in terms of gdp per capita eg adjusted for population. Gdp and spending gross domestic product gdp oecd data. Germany gdp per capita 19702018 data 20192020 forecast. Gross domestic product gdp, us dollarscapita, 2018. In exchange rates methods, per capita wealth of the richest economy luxembourg would be 985% of the global average, while poorest economy south sudan would be only 2% of. These are lists of regions and countries by their estimated real gross domestic product gdp in.
List of countries by gdp ppp per capita growth rate. After the industrial revolution, due to mass production, per capita income began to grow. This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. Feb 16, 2020 in ppp data, qatar, macao sar, luxembourg and singapore would have gdp per capita of above one lakh international dollar. Gdp at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Germany the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Gdp per capita is gross domestic product divided by midyear population. Though netherlands gdp per capita fluctuated substantially in recent years, it tended to increase through 1999 2018 period ending at 53,228 us dollars in 2018. Dollars, annual, not seasonally adjusted 1960 to 2011 20121210 constant gdp per capita for germany. I extract from this maddison database 19301950 gdp per capita data for the major combatants.
The statistic shows gross domestic product gdp per capita in the philippines from 1984 to 2017, with projections up until 2024. First, the gdp of a country is measured in its own currency. Real per capita gdp of eu member states as % of german. Gdp per capita in current prices of germany 2024 statista. Gross national income gni per capita accounts for inflows and outflows of foreign capital. Instead only recently they started taking over france, but still less then germany. Though germany gdp per capita fluctuated substantially in recent years, it tended to increase through 1999 2018 period ending at 47,662 us dollars in 2018. Gross domestic product in million gross domestic product per capita in gross domestic product per employee in 1 berlin berlin. Germany ranked among the top 20 countries worldwide with the.
There would be 24 economies which have per capita gdp ppp above int. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor. Gdp per capita since 1820 since 1820, the world economy experienced spectacular growth in output and income. This is an alphabetical list of countries by past and future gross domestic product per capita, based on official exchange rates, not on the purchasing power parity ppp methodology.
Gdp per capita in advanced countries over the 20th century. Global finance magazine germany gdp and economic data. France would lose 15% of per capita income if it didnt have paris, where its biggest companies, like total, renault, and peugeot have their headquarters. From 1850 to 2015 while population trebled, real gdp per head in spain. The following estimates of per capita income of the world was made by angus maddison emeritus professor, university of groningen, 1999 in his article poor until 1820. In 2020, luxembourg and qatar would have highest gdp per capita in nominal and ppp, respectively. This chapter builds upon the work by angus maddison and shows that the worlds average gdp per capita increased by a factor of 10 between 1820 and the 2010.
Germany compared to other countries the gdp per capita ppp of germany is similar to that of austria, kuwait, ireland, sweden, iceland, greenland, denmark, belgium, new caledonia, united kingdom with a respective gdp per capita ppp of 42,600, 42,100, 41,300, 40,900, 40,700. The best books on gdp five books expert recommendations. List of countries by past and projected gdp nominal per capita. Aug 01, 2017 hamburg is the richest german state by gdp per capita whereas north rhinewestphalia is the richest state by total gdp. January 11, 1999 angus maddison university of groningen, the netherlands roman villa in the first century ad. Values are given in usds and have not been adjusted for inflation. World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. Real gdp per capita in the republic of korea south korea discontinued 2011 u.
We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. Its interesting from my point of view because what he offers is almost an alternative to gdp. Country report 2017 includes germany real gross domestic product growth rate, with latest forecasts and historical data, gdp per capita, gdp composition and breakdown by sector. This article is about the gross regional product grp of german states in main fiscal years. The gdp per capita in germany is equivalent to 376.
Countries by real gdp per capita ppp growth according to the world bank. The gross domestic product gdp or value of all final goods and services produced within a nation in a given year. The idea was to use ratios between per capita gdp of germany and other eu states to see if there has been any convergence or divergence of living standards. In conclusion, yes, a country may be in an overall rich region but it doesnt mean that its gdp per capita is close to the average gdp per capita of the entire region. Gross domestic product gdp, us dollars capita, 2018. The shortest history of germany, a new, mustread book by the. The reason why germany is the baseline is because its the biggest eurozone economy and. As the graph below shows, over the past 47 years this indicator reached a maximum value of 5. In 2018, gdp per capita for germany was 47,662 us dollars. Driven by fishing, natural resources, and major petroleum exploration, norway is the eighth largest exporter of crude oil, the 9th largest exporter of refined oil, and 3rd largest exporter of natural gas in the world. Hours worked per capita the natural counterpart to gdp per capita surged by 40%.
India has a somewhat larger gdp than germany, but on a per capita basis. List of countries by gdp nominal per capita wikipedia. In reality, estonias gdp in 1938 was higher than that of finland. Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current u. Gdp per capita dollar international dollar estimates here are derived from ppp estimates. The gross domestic product per capita in germany was last recorded at 45959.
Berlin is the only capital city in europe that is a drag. Redirected from list of german states by gdp this article is about the gross regional product grp of german states in main fiscal years. The gross domestic product per capita in germany was last recorded at 47501. May 20, 2014 approaching the problem in two different ways, the figure is approximately the same. Germany, gdp, per capita economic data series fred st. Lists of countries by gdp per capita list the countries in the world by their gross domestic product gdp per capita. After the fall of the roman empire, the west entered a recession that lasted about a millennium. Berlin is the only capital city in europe that is a drag on. We lost 50 years of economic and social development due to the occupation. Redirected from list of countries by gdp ppp per capita growth rate jump to navigation jump to search.
Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and. Germany, 408, 410, 688, 791, 910, 1,077, 1,839, 3,648, 3,881, 11,966. Nov 21, 2019 the statistic shows gross domestic product gdp per capita in the philippines from 1984 to 2017, with projections up until 2024. Some argue that in 1405 zheng he reached europe, but this is questionable because i the circumafrican voyage would have been difficult, and ii europe was not important yet during that period 14051433 because the byzantine empire 330 1453 ad was in decline. Gross domestic product gdp is the standard measure of the value added created through the production of goods and services in a country during a certain period. Chinese gdp per capita from the han dynasty to modern times kent deng london school of economics patrick karl obrien london school of economics so far the decisive data on prices, wages, etc. These are lists of regions and countries by their estimated real gross domestic product gdp per capita in terms of purchasing power parity ppp, the value of all final goods and services produced within a countryregion in a given year divided by population size. For estimations of percapita gdp in history, see list of regions by past gdp ppp per capita. The nation covers an extensive area of 357,104 square kilometers making it one of the largest european countries. This page is a list of the countries of the world by gross domestic product at. As such, it also measures the income earned from that production, or the total amount spent on final goods and services less imports. Hamburg is one of the richest german states by gdp.
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