0
Rank
Countries
Amount
# 1
United States:
$9,780,000,000,000.00
# 2
Japan:
$4,520,000,000,000.00
# 3
Germany:
$1,940,000,000,000.00
# 4
United Kingdom:
$1,480,000,000,000.00
# 5
France:
$1,380,000,000,000.00
# 6
China:
$1,130,000,000,000.00
# 7
Italy:
$1,120,000,000,000.00
# 8
Canada:
$682,000,000,000.00
# 9
Spain:
$588,000,000,000.00
# 10
Mexico:
$550,000,000,000.00
# 11
Brazil:
$529,000,000,000.00
# 12
India:
$477,000,000,000.00
# 13
Netherlands:
$390,000,000,000.00
# 14
Australia:
$386,000,000,000.00
# 15
Switzerland:
$277,000,000,000.00
# 16
Argentina:
$260,000,000,000.00
# 17
Russia:
$253,000,000,000.00
# 18
Belgium:
$245,000,000,000.00
# 19
Sweden:
$226,000,000,000.00
# 20
Austria:
$195,000,000,000.00
What else can I help you with?
What is the average income of rich country by world bank?
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.
What country's average per capita income is only a fraction of that in more industrialized countries?
developing country
How do you know a developed country?
The term developed country is used to describe countries that have a high level of development according to some criteria. Which criteria, and which countries are classified as being developed, is a contentious issue and is surrounded by fierce debate. Economic criteria have tended to dominate discussions. One such criterion is income per capita; countries with high gross domestic product (GDP) per capita would thus be described as developed countries. Another economic criterion is industrialization; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed. More recently another measure, the Human Development Index, which combines with an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. This criterion would define developed countries as those with a very high (HDI) rating. However, many anomalies exist when determining "developed" status by whichever measure is used.
What is Latin Americas economy like?
Most nations within Latin America are capitalist developing countries; some are more developed than others. For example, Argentina and Chile have an income per capita of US$18,400 and US$18,700 respectively; other countries are less developed such as Brazil with an income of US$12,100 and there are a couple of countries that are deemed as "least developed", such as Bolivia and Haiti, with incomes of US$5,200 and US$1,300, respectively. Means of production and economy also wildly varies among these, for the same reasons. For example, Mexico has an export-oriented economy with products such as motor vehicles, aircraft and electronics, while less developed countries like Paraguay export raw materials, like soybeans, cotton and meat.
Why per capita income expressed in us?
In 2012, the per capita average income of the United States was about $42,600. This is about $3,000 more than it was five years before in 2007.
Is the US a Major Developed Country or a Lesser Developed Country?
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.
What does Medc mean?
MEDC stands for More Economically Developed Country. It is used to describe countries with high levels of industrialization, income per capita, and quality of life. These countries typically have advanced infrastructure, technology, and healthcare systems.
What country's average per capita income is only a fraction of that in more industrialized countries?
developing country
What is LEDCs and MEDCs?
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
What single characteristic separates more developed countries from less developed countries?
Good economy activity, And money (country income)
Which countries in Latin America are developed country?
Countries in Latin America that are considered developed countries include Argentina, Chile, and Uruguay. These countries generally have higher GDP per capita, advanced infrastructure, and more developed social welfare systems compared to other countries in the region.
What are ledcs medcs and edcs?
LEDCs (Less Economically Developed Countries) are countries with lower income levels, higher poverty rates, and less developed infrastructure. MEDCs (More Economically Developed Countries) are countries with higher income levels, more advanced infrastructure, and a higher standard of living. EDCs (Emerging Economies or Economies in Transition) are countries that are in the process of transitioning from being less developed to more developed, often experiencing rapid economic growth.
Why per capita income is not the best measurement of country prosprity?
In high income countries, people need to spend more just to live. In some countries, people can live on a few hundred pounds/dollars/euros a year.
How do you know a developed country?
The term developed country is used to describe countries that have a high level of development according to some criteria. Which criteria, and which countries are classified as being developed, is a contentious issue and is surrounded by fierce debate. Economic criteria have tended to dominate discussions. One such criterion is income per capita; countries with high gross domestic product (GDP) per capita would thus be described as developed countries. Another economic criterion is industrialization; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed. More recently another measure, the Human Development Index, which combines with an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. This criterion would define developed countries as those with a very high (HDI) rating. However, many anomalies exist when determining "developed" status by whichever measure is used.
Is devoping or devoped country?
A developing country is a nation that is still in the process of industrialization and has lower levels of income, infrastructure, and human development compared to more advanced economies. Developed countries, on the other hand, have high levels of industrialization, income, and infrastructure, with strong healthcare and education systems. The classification of a country as developing or developed can vary based on criteria such as GDP per capita, Human Development Index, and industrialization levels.
Canadian annual income?
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
Is the per capita income of West Virginia more or less than Virginia?
As of 2010 it is LOWER
