No, the fistribution of income must also be considered.
No per capita GDP is only an average figure it does not mean everyone is more prosperous
Singapore has the highest GDP per capita in Asia
China
per capita income is the income of every working individual of a country per capita income is the income of every working individual of a country
Vietnam
No per capita GDP is only an average figure it does not mean everyone is more prosperous
Ethiopia
Canada's annual income is 34,000 per capita household. ( Canada ranked 14 out of the top 25 country's with the most annual income). Per capita household means for everyone 1 household. Average people in per capita household : 4
National income- total income of the country Per capita income- average income of the country
Here is a list of the richest countries Luxembourg (GDP per capita: $119,719) Norway (GDP per capita: $86,362) Switzerland (GDP per capita: $83,832) Ireland (GDP per capita: $81,477) Iceland (GDP per capita: $78,181) Qatar (GDP per capita: $65,062) The United States of America (GDP per capita: $64,906) Denmark (GDP per capita: $63,434) Singapore (GDP per capita: $62,690) Australia (GDP per capita: $58,824) so I know the USA is the richest country but this is the richest countries by GDP.
Singapore has the highest GDP per capita in Asia
Gross domestic product per capita is the measure of the total output of a country divided by the number of people in the country.
The richest country is Qatar in Gross Domestic Product per capita income GDP per Capita Source: CIA
The United States of America
no the richest country in the world is Luxembourg with ovedr 88,800 GDP per capita
China
Per capita usa