Top 10 country GDP per capita 1960 - 2020 | Top 10 countries by GDP per capita (Nominal)

This is a visualization of Top 10 country GDP per capita | Top 10 countries by GDP per capita. GDP per capita is a measure of a country's economic output that accounts for its number of people. Nominal GDP is GDP evaluated at current market prices. Therefore, nominal GDP will include all of the changes in market prices that have occurred during the current year due to inflation or deflation. It divides the country's gross domestic product by its total population. So basically this video lists the countries of the world sorted by their gross domestic product per capita at nominal values. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year. It tells you how prosperous a country feels to each of its citizens. The top 10 highest GDP per capita Countries are the countries with the highest economic production per person have thriving economies and few residents. GDP per capita is often considered an indicator of a country's standard of living, although this is problematic because GDP per capita is not a measure of personal income. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. This video shows the GDP rankings of Top countries i.e top countries are ranked based on their GDP per capita. The country with highest GDP will not remain in the same spot when it comes to GDP per capita as GDP is different from GDP per capita. That's it for now. Enjoy visualizations. Enjoy data. #WeAreDataBroz #DataNeverDies

Source:
World Bank, IMF, Wikipedia

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