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The higher the per capita trade, the more closely intertwined is that country's economy with the rest of the world.
developing 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.
Iceland has almost 3 times as many as the second highest per capita, which is Japan.
Usually the more oil wealth per capita the higher the GDP per capita is.
Singapore has the highest GDP per capita in Asia
National income- total income of the country Per capita income- average income of the country
In Asia, the country with the highest GNP per capita, as of 2013, is Qatar with $98,814. It is followed by Singapore, with $64,584 GNP per capita.
Country exports more than their total imports per capita
The United States of America
Those countries with annual income of 4,53,000 are called rich or developed country. SO,Usa is a developing country because the per capita income of this country is more than 4,53,000 per annum. India is an undeveloped country because its per capita income is 28,000 per annum.
Gross domestic product per capita is the measure of the total output of a country divided by the number of people in the country.