China is the world's second largest economy by nominal GDP and by purchasing power parity after the United States. China is also the largest exporter and second largest importer of goods in the world.
GDP (Nominal) - US$ - 1,676,143,000,000 (11th) GDP (Purchasing Power) - US$ - 4,457,784,000,000 (3rd)
Well, for a nations real Gross Domestic Product (GDP) per capita to rise in a particular year a multitude of things need to occur. First we need to understand that per capita GDP is simply all the goods and services produced in a particular nation within a specific time period. In this case one year, divided amongst the number of people living in that nation. $10,000 GDP divided by 100 citizens = per capita GDP of $100. The second thing that we need to understand is that "real" GDP means that it has been adjusted for inflation, or that the fact that things generally increase in price and there fore weaken the purchasing power of the dollar versus the year prior has be taken into consideration. Once you understand these two things here's what needs to happen to increase a countrys' real GDP per capita. The nations GDP (all the goods and services produced with the nation) must exceed the previous years GDP plus the amount of inflation incurred. If last years GDP was $10,000 and this years is $10,500 with an inflation increase of 3% then you have a real GDP per capita increase of $200. ( $10,000 plus a 3% inflation equals $10,300 minused from the new GDP of $10,500 equals a $200 increase in real GDP percapita )( this is considering a change in population didn't occur) Real GDP per capita is found by dividing real GDP by population.
nominal GDP and real GDP.
World's Top Ten Richest Countries by GDP The Richest Country by GDP is the US with an annual GDP of $14.8 trillion. # United States of America. GDP = $14,839bn, GDP per head = $48,400, PPP = $48,400 # Japan. GDP = $5,388bn, GDP per head = $42,310, PPP = $35,710 # China. GDP = $4,818bn, GDP per head = $3,600, PPP = $6,830 # Germany. GDP = $3,440bn, GDP per head = $41,550, PPP = $36,100 # France. GDP = $2,734bn, GDP per head = $43,910, PPP = $35,750 # United Kingdom. GDP = $2,442bn, GDP per head = $39,470, PPP = $36,820 # Italy. GDP = $2,334bn, GDP per head = $40,150, PPP = $32,210 # Russia. GDP = $1,680bn, GDP per head = $11,880, PPP = $16,300 # Spain. GDP = $1,581bn, GDP per head = $34,540, PPP = $32,120 # Canada. GDP = $1,468bn, GDP per head = $43,860, PPP = $40,540 Source: Economist Intelligence Unit, The World in 2009. World's Top Ten Richest Countries by PPP It is clear from the above figures that the world's richest countries by GDP may not be the same when adjusted for PPP. The GDP per head in PPP (USA = 100), 2006, looks like this:# Luxembourg 172 # Qatar 160.8 # Bermuda 159.0 # Channel Islands 117.9 # Norway 113.9 # Brunei 113.5 # Singapore 101.7 # = Macau 100, USA 100 # Cayman Islands 99.6 # Kuwait 99.1
South Africa's GDP (purchasing power parity) was $495.1 billion in 2009, for a per capita GDP of $10,100.00 in 2009. (CIA).
GDP (purchasing power parity):$20.87 billionnote: Albania has a large gray economy that may be as large as 50% of official GDP (2007 est.)
GDP (purchasing power parity)$108.4 billion (2008 est.)Source: https://www.cia.gov/library/publications/the-world-factbook/geos/cu.html
Information about Ghana GDP (purchasing power parity): $31.13 billion (2007 est.) GDP-per capita (PP) $1
Following are values of Gross Domestic Product at nominal and purchasing power parity values. Figures are given in billion US dollars.Mexico GDP (Nominal): 1,163 (est.)A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.Mexico GDP (PPP): 1,758 (est.)PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
As of 2011, the total gross domestic product (GDP) of Antigua and Barbuda, based on purchasing power parity (PPP), is $1.575 billion, which equates to $17,980 per capita.
GDP (Purchasing Power Parity) - $1.559 trillion (2008 est.), $1.538 trillion (2007), $1.49 trillion (2006) GDP (Official Exchange Rate) - $1.143 trillion (2008 est.) GDP (Per Capita) - $14,200 (2008 est.)
As of 2021, Canada's GDP is approximately $2 trillion USD.
GDP per capita for 2012 was of US$10,400 at nominal exchange. Using the Purchasing Power Parity (PPP) conversion, Mexican GDP Per Capita is of US$15,600.Mexico GDP Per Capita (PPP), US dollars:2000: 9,1002001: 9,0002002: 9,0002003: 9,0002004: 9,6002005: 10,0002006: 10,7002007: 12,4002008: 14,2002009: 13,2002010: 13,9002011: 15,1002012: 15,600A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
GDP (Purchasing Power Parity) - $1.559 trillion (2008 est.), $1.538 trillion (2007), $1.49 trillion (2006) GDP (Official Exchange Rate) - $1.143 trillion (2008 est.) GDP (Per Capita) - $14,200 (2008 est.)
I'm going to guess that you are referring to the country of Wales in the United kingdom, which has a Purchasing Power Parity GDP of approximately 85.4 billion U.S. dollars.
The rank of England's economy is the 20th in the world. The economy of United Kingdom is the world's sixth largest in terms of nominal GDP and purchasing power parity.