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Which Canadian province or territory has the highest per capita income?
Luxembourg has the highest per capita income. However, this is because a lot of people who work in Luxembourg do not live in it. Instead, they live in surrounding countries. If you looking at per capita income notwithstanding the above fact, then Norway is the highest per capita income in the world.
How does Australia's per capita income compare to that of the rest of the world?
Australia's per capita income is relatively high compared to many countries globally, often ranking among the top nations. As of recent data, Australia's per capita income is significantly above the world average, reflecting its strong economy and high standard of living. However, it still lags behind some of the wealthiest countries, such as Luxembourg and Switzerland. Overall, Australia's income levels indicate a prosperous economy, contributing to its high quality of life.
Is Germany richer then Luxembourg?
While Germany has a larger overall economy due to its size and population, Luxembourg has a higher GDP per capita, indicating greater wealth per individual. Luxembourg is often considered one of the richest countries in the world on a per capita basis, thanks to its strong financial sector and high-income levels. Therefore, in terms of total wealth, Germany is richer, but in terms of individual wealth, Luxembourg surpasses Germany.
Is Luxembourg a poor or rich country?
it depends what you are referring to. if you mean rich in terms of income per capita then its GDP/capita is the highest in europe, around 130,000 euros. if you refer to richness in terms of natural resources then probably not...
Difference between low levels of living and low per capita incomes?
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
What is national income and per capita income?
National income- total income of the country Per capita income- average income of the country
What is the Per capita income of Vietnam?
per capita income of Vietnam in 2009
What is Israel's per capita income?
The capita per income is 500,000 dollars.
Features of a developed economy?
the developed ecnomy is the one which has high per capita income
What is the per capita income of Colorado?
In 2016, the per capita income of Colorado was $65,685.
When was Luxembourg Income Study created?
Luxembourg Income Study was created in 1983.
Is the per capita income of Colorado higher or lower than Arizona?
Higher. Arizona has a per capita income of $34,999, and Colorado has a per capita income of $42,802.
