The official data are clear: at the level of the average resident, Britain is once again getting poorer. While some are ...

Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.

As far as GDP per capita is concerned, Luxembourg tops the world chart, and that reflects the healthy and booming economy of the nation. But what does it imply for the nation's wealth and for the ...

A reduction in Nigeria’s per capita income means that, on average, Nigerians are earning less or that economic growth has not ...

The figures are shown in US dollars in the chart. For the EU in 2024, GDP per capita ranged from €15,773 in Bulgaria to €125,043 in Luxembourg. The EU average stood at €40,060, while the US ...

Amid the economic disruption, however, several countries managed to display remarkable growth in their GDP per capita from 2020 to 2021. Using data from The World Bank, we analyzed various nations ...

South Korea ranked 21st, with a per capita GDP of $35,563. Japan’s ranking stayed at 22nd, the same as in 2022. According to the Cabinet Office, South Korea revised its GDP calculation standards ...