A measure of the wealth earned by nations through economic activites all around the world. Gross National Income comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries. Also known as GNP. It can be calculated as follows : GNI = Gross Domestic Product + Net property income from abroad.
GDP (PPP) 2006 estimate - Total $1.149 trillion (12th) - Per capita $11,249 (63rd) GDP (nominal) 2006 estimate - Total $840.012 billion (short scale) (14th) - Per capita $8,066 (55th)
Russian Federation in 2010 to 2014 13,850
The World Bank classifies countries into income categories based on their gross national income (GNI) per capita. As of 2023, high-income countries typically have a GNI per capita of $13,205 or more. This classification reflects the economic performance and living standards in these nations, which tend to have more developed infrastructures and higher quality of life. However, specific average income figures can vary widely within this category.
Usually the more oil wealth per capita the higher the GDP per capita is.
per capita incom
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GDP (PPP) 2006 estimate - Total $1.149 trillion (12th) - Per capita $11,249 (63rd) GDP (nominal) 2006 estimate - Total $840.012 billion (short scale) (14th) - Per capita $8,066 (55th)
The International Monetary Fund (IMF) classifies countries into three economic groups based on their income levels: low-income, middle-income, and high-income countries. Low-income countries have a gross national income (GNI) per capita of $1,045 or less, middle-income countries are further divided into lower-middle-income (GNI per capita between $1,046 and $4,095) and upper-middle-income (GNI per capita between $4,096 and $12,695), while high-income countries have a GNI per capita of $12,696 or more. This classification helps in tailoring economic policies and financial assistance programs.
Human Development Index (HDI) is based on life expectancy, education index, and GNI per capita.
Qatar is the second richest in the world and the first is Luxembourg.
Russian Federation in 2010 to 2014 13,850
The wealthiest nations of southeast Asia in terms of GDP PPP per capita are Indonesia, Thailand and Phillipines. For a full list visit en.wikipedia.org/wiki/List_of_Asian_and_Pacific_countries_by_GDP_(PPP)#Southeast_Asia
The wealthiest nations of southeast Asia in terms of GDP PPP per capita are Indonesia, Thailand and Phillipines. For a full list visit en.wikipedia.org/wiki/List_of_Asian_and_Pacific_countries_by_GDP_(PPP)#Southeast_Asia
The GDP per capita is estimated (2008) at US$1,100 per person. The GNP per capita is estimated (2008) at US$260 per person. The GNI per capita is US$232.47 per person. Seventy-two percent of Malagasy people live on less than $1 per day.
The four criteria are:Low income countries had GNI per capita of US$1,026 or less.Lower middle income countries had GNI per capita between US$1,026 and US$4,036.Upper middle income countries had GNI per capita between US$4,036 and US$12,476.High income countries had GNI above US$12,476.However I have also hear the definition as - Kofi Annan, former Secretary-General of the United Nations, defined a developed country as follows: "A developed country is one that allows all its citizens to enjoy a free and healthy life in a safe environment."If you look up most of the GDP's in these countries they are relatively low. There are other factors but that is the most obvious one.
The World Bank classifies countries into income categories based on their gross national income (GNI) per capita. As of 2023, high-income countries typically have a GNI per capita of $13,205 or more. This classification reflects the economic performance and living standards in these nations, which tend to have more developed infrastructures and higher quality of life. However, specific average income figures can vary widely within this category.
Africa India Cuba