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Real GDP Per Capita and the Standard of Living
 
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They say what matters most in life are the things money can’t buy. So far, we’ve been paying attention to a figure that’s intimately linked to the things money can buy. That figure is GDP, both nominal, and real. But before you write off GDP as strictly a measure of wealth, here’s something to think about. Increases in real GDP per capita also correlate to improvements in those things money can’t buy. Health. Happiness. Education. What this means is, as real GDP per capita rises, a country also tends to get related benefits. As the figure increases, people’s longevity tends to march upward along with it. Citizens tend to be better educated. Over time, growth in real GDP per capita also correlates to an increase in income for the country’s poorest citizens. But before you think of GDP per capita as a panacea for measuring human progress, here’s a caveat. GDP per capita, while useful, is not a perfect measure. For example: GDP per capita is roughly the same in Nigeria, Pakistan, and Honduras. As such, you might think the three countries have about the same standard of living. But, a much larger portion of Nigeria's population lives on less than $2/day than the other two countries. This isn’t a question of income, but of income distribution—a matter GDP per capita can’t fully address. In a way, real GDP per capita is like a thermometer reading—it gives a quick look at temperature, but it doesn’t tell us everything. It’s far from the end-all, be-all of measuring our state of well-being. Still, it’s worth understanding how GDP per capita correlates to many of the other things we care about: our health, our happiness, and our education. So join us in this video, as we work to understand how GDP per capita helps us measure a country’s standard of living. As we said: it's not a perfect measure, but it is a useful one. Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/1WJcJ5w Next video: http://bit.ly/1S1CxuA Help us caption & translate this video! http://amara.org/v/H04s/
WORLD RANK 2017 | TOP 21 Richest Countries - Highest GDP Per Capita Income in the World 2017
 
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2017 Wealthiest Countries in the World based on Purchasing Power Parity of GDP Per Capita. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. WORLD'S TOP 21 RICHEST COUNTRIES 2017 | based on Purchasing Power Parity GDP per capita ------------------- World richest countries in 2017 Highest gdp per capita Per capita gdf 2017 Asian economy 2017 Strongest country in the world Country with highest gdp Gdp per capita 2017 Gdp per capita ppp 2017 Gdp per capita Gdp per capita ppp Rich people World economy Richest countries 2017 Rich countries 2017 US economy Germany economy 2017 WorldBank forecast World growth forecast Forecast 2017 Richest countries in the world Wealthiest countries gdp per capita ppp Wealthiest countries gdp per capital ppp 2017 India per capita ppp Gdp per capita ranking 2017 World countries economy 2017 Purchasing power by country Purchasing power Purchasing power 2017 Highest gross domestic product cities per capita What is gdp ppp Gross domestic product ppp Gross domestic product ppp 2017 Gross domestic product 2017
Views: 9394 Channel R
Per Capita GDP
 
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Views: 19548 ecopoint
GDP and GDP Per Capita
 
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This short topic video looks at the difference between GDP and GDP per capita. For more help with your A Level / IB Economics, visit tutor2u Economics http://www.tutor2u.net/economics If you find this topic video helpful, please SUBSCRIBE to our YouTube Channel For more help with Economics: Follow tutor2u Economics on Twitter: https://twitter.com/tutor2uEcon https://twitter.com/tutor2uGeoff - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 12473 tutor2u
What is GDP, GNP, NDP, NNP and Per Capita Income ?
 
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This Video Explains the Concepts of Gross Domestic Product, Gross National Product, Net Domestic Product, Net National Product and Per Capita Income. To Prepare for Central and State Civil Services Exam, Download the PrepMate Android App https://play.google.com/store/apps/details?id=in.prepmate.mobile https://prepmate.in/ Want to know How PrepMate-Cengage Book Series Performed In Prelims 2018? - Out of 100 questions, 65 questions were covered completely - 43 questions' statements were ditto as written in the books - 11 Questions were covered partially To see the full details, click on the link given below: https://prepmate.in/app/uploads/2018/06/2018-Prelims-Detailed-Solutions-along-with-Source-Analysis-.pdf To Order Prepmate Cengage Book Series, Visit The Link Given Below:- https://prepmate.in/books/
Views: 42872 PrepMate Edutech
GDP & GDP per capita
 
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"What does GDP even mean? I am so confused!" If you've uttered these words before, then watch this movie. You'll be glad you did!
Views: 29870 Obertopia
ASEAN's 2018 Purchasing Power Parity by GDP per capita
 
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This video is not for monetary. I made this video just to share the basic economy information of ASEAN countries. No purpose of allegation. This information is included 11 countries Singapore, Indonesia, Thailand, Malaysia, The Philippines, Vietnam, Brunei Darussalam, Myanmar, Laos, Cambodia, Timor Leste Information by IMF Music : Capital Letters (Instrumental) - Hailee Steinfeld https://www.youtube.com/watch?v=GBHFagpwfME
Views: 1419 Lak Lob Rad Channel
What The Heck Is GDP?
 
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GDP, GNP – what does it all mean? Jonathan explains what economists mean when they bring up these common economic indicators. Learn more at HowStuffWorks.com: http://money.howstuffworks.com/gross-national-happiness.htm Share on Facebook: Share on Twitter: Subscribe: http://goo.gl/ZYI7Gt Visit our site: http://www.brainstuffshow.com OK, let’s say you’ve just gotten a job offer to work in the majestic country of Bumpsylvania. Awesome, right? You’ve always wanted to live amongst the scenic Bumpsylvanian swamplands and hear the local ghost toads sing their famous mating screech. But before you pony up the $549.95 for Rosetta Stone: Bumpsylvanian Edition, you want to do a little research on the economic health of this country. So you ask your friend the economics professor: How is the economy of Bumpsylvania doing these days? One number that will almost definitely figure into her reply is the country’s GDP. This stands for Gross Domestic Product. GDP is a common measure that’s used to roughly represent the size of a country’s economy. The way you calculate GDP is both simple as a general principle, and complicated in the details. The simple version is that GDP is the value of all the goods and services produced within a country in a given period of time, such as a financial quarter or a year. So if we look at Bumpsylvania, we can calculate its yearly GDP by adding up the dollar-value of all the stuff it creates: All the pork sandwiches, shoe shines, fashion magazines, bullets, massages, motorcycles, jiu-jitsu classes, ghost toad swamp tours, and, of course, traditional, Bumpsylvanian-style wooden hats. Every item, product or service brought to market by workers or other economic resources located inside the country in that year is part of the GDP. Coming up with this figure is not as easy as it sounds. GDP is actually a highly complex and abstract statistical instrument that takes some real work to calculate. Just one example of the many complications: Let’s say somebody cuts down some swamp trees and turns those trees into lumber, and then sells that lumber to a haberdasher who turns it into a traditional, Bumpsylvanian-style wooden hat. Do you count the sales of both the lumber _and_ the hat? Well, no, because GDP is a measure of the final value of goods and services. So if you counted the sale of the wood to the hat-maker and the sale of the hat, you’d be counting the same value twice. The value of the wood gets wrapped into the final value of that gorgeous, gorgeous headgear. GDP is probably the most important measure of the size and performance of an economy, but it’s not the only one. There’s also GNP, which is related, but slightly different. GNP stands for gross national product. The difference is that GNP is the value of all the products and services produced by a country’s residents, even if production takes place outside of the country. So if a Bumpsylvanian business has a factory making wooden hats in another country, the output of that factory would be included in Bumpsylvania’s GNP, but not its GDP. While GDP is a widely used indicator of economic strength, many critics point out that it’s not necessarily the best indicator of the “real” health of a nation. For example, a country with a large, growing GDP might look strong on paper, but what if that number is masking vast income inequality – a productive economy based on huge amounts of low-wage labor? Of course by comparing GDP with other pieces of data, you can do more with the figure. A simple example would be comparing GDP with population to come up with Per Capita GDP (which means economic value per person). So for example, according to the World Bank, in 2013, China’s GDP was a massive $9.2 trillion. Compare that to Luxembourg’s relatively small GDP of $60 billion. Yet in the same year, China’s GDP Per Capita was only about $6,800, while Luxembourg’s was more than 16 times that, at about $110,000. So while China’s economy is certainly much larger, it looks like each individual citizen, on average, is better off in Luxembourg. Financially speaking, that is. SOURCES: http://www.britannica.com/EBchecked/topic/246663/gross-national-product-GNP http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm http://www.britannica.com/EBchecked/topic/246647/gross-domestic-product-GDP http://money.howstuffworks.com/gross-national-happiness.htm/printable http://www.nytimes.com/2013/10/05/world/asia/index-of-happiness-bhutans-new-leader-prefers-more-concrete-goals.html?_r=0 https://books.google.com/books?id=V5IpAgAAQBAJ&printsec=frontcover&dq=how+to+calculate+gnp&hl=en&sa=X&ei=QlVyVZH1CJKFyQTo-4D4CQ&ved=0CDYQ6AEwAg#v=onepage&q=how%20to%20calculate%20gnp&f=false http://data.worldbank.org/indicator/NY.GDP.MKTP.CD http://data.worldbank.org/indicator/NY.GDP.PCAP.CD http://www.factcheck.org/2008/02/gdp-vs-gnp/
Fundamentals of Macroeconomics Unit:  GDP per capita
 
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Hey Everyone, This is video 8 of 12 videos in "The Fundamentals of Macroeconomics Series". Watch the entire series right here: https://www.youtube.com/playlist?list=PLNI2Up0JUWkG6AmW4E2YNV_hBP0AVuw4v As a teacher of IB Economics in Santiago, Chile, these videos were created to help students navigate their way through their two-year course of study. I have made these videos public in the hope that they might be helpful to other Economics students around the world. Check out all of the Macroeconomic playlists… Fundamentals of Macroeconomics Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkG6AmW4E2YNV_hBP0AVuw4v Aggregate Demand and Aggregate Supply Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGyyUCGXdTWNgfkKJ9_0l6q Macroeconomic Equilibrium Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGZBoaxdZHC9mokrwtXT4Xg Low Unemployment Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFCxtc5-8q_AJseZFYbVeA4 Low and Stable Rate of Inflation Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGfCtnjSTIPQhZkZxzZM2Pf Economic Growth Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFxkSsb8p3fCrx0Z3i59REX Equity in the Distribution of Income Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkEFqlgvMNOhJ3pei2zXyuhD Fiscal Policy Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkGCPnKi4Er5FH8s_SV_WXH3 Monetary Policy Series: https://www.youtube.com/playlist?list=PLNI2Up0JUWkFCISVn47ZJzL7qx291zlS7 Supply-Side Policies Series https://www.youtube.com/playlist?list=PLNI2Up0JUWkGczuu4Frzrw9oBgp2GU4e5 Enjoy! Brad Cartwright
Top 10: Countries with the lowest GDP per Capita
 
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(7/10) So you've found out what countries have the highest GDP per Capita, so now its time to find out which countries have the lowest! -- Legal -- Music: Digya: Royalty Free at incompetech.com (by Kevin MacLeod) Images: Public Domain, Creative Commons Licences No copyrighted material is ever used.
Views: 6004 Ultimate Top 10s
All Countries Happiness Size Comparison | GDP (PPP) Per Capita
 
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Hello! friends! This video shows the size comparison of GDP (PPP) per capita of all countries or in other words how happy a country is. GDP per capita is calculated by dividing GDP/Population. Format: Country/Capital/Currency/GDP(PPP) per Capita Hope you will like it! Don't forget to like, share, comment and Subscribe. Playlists are listed below... ALL ABOUT SPACE https://www.youtube.com/watch?v=ciAfg_ILK8M&list=PL88610FE3F1500BE5 ALL ABOUT EARTH https://www.youtube.com/watch?v=FYM5nYTB24E&list=PLRD1q23llMIh-YcONWmnmKOmpvt57blfJ ALL ABOUT COUNTRIES https://www.youtube.com/watch?v=n1fcjFWNJCw&list=PLRD1q23llMIi25XfoJjT-RmJyKm_joMlP ALL ABOUT MOONS https://www.youtube.com/watch?v=sG7M5ljTHzg&list=PLRD1q23llMIiLufg_XAkvnpyUqfyHY_9M UNIVERSE IN 4K https://www.youtube.com/watch?v=yVt2ZNY6TeE&list=PLRD1q23llMIjvpWdWIBXNlcXqGlVQux0l ALL ABOUT PLANETARY SYSTEM https://www.youtube.com/watch?v=hvA8quO67lI&list=PLRD1q23llMIiN1AxHzpbxHFpm22KWjrCg ALL ABOUT CHARACTERS https://www.youtube.com/watch?v=Qh0G1dAOaWs&list=PLRD1q23llMIj3WpNOdbnLc3x4w4WA9NcO TOP 10 https://www.youtube.com/watch?v=HL2zLOr0vu4&list=PLRD1q23llMIhFGPclqtTBmrBx8nM3QIv2 SIT BACK AND RELAX https://www.youtube.com/watch?v=W3MZ-HIgec8&list=PLRD1q23llMIh6G_Us1hV2rwcfd4aG1DH9 Thanks for watching! Disco Lounge by Kevin MacLeod is licensed under a Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100602 Artist: http://incompetech.com/ Afghanistan Flag Image Credit: By Various - This vector image includes elements that have been taken or adapted from this: National emblem of Afghanistan.svg., CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=369517 https://creativecommons.org/licenses/by-sa/4.0/ Mauritania Flag Image Credit: By [1] - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=57054820 https://creativecommons.org/licenses/by-sa/4.0/ #v4vfx
Views: 7417 ramesh singh
Top 10 Poorest Countries in The World 2018 By GDP Per Capita
 
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► Please Remember to Subscribe! ► https://goo.gl/P5ZUPk ► Follow me on Twitter: https://goo.gl/el5pYm ► Facebook: https://goo.gl/XflDvj ----------------------------------------­----- Top 10 Poorest Countries in The World 2018 The richest countries have one thing in common, a proper and well established political environment supported by clear legislations, a corrupt-free government, and a strong judicial system. While these factors are only a drop in the ocean regarding what makes a country economically successful, the poorest countries in the world get these factors all wrong. While the availability of natural resources is the foundation of an economically robust country, utilising the resources well is a whole other aspect. This is not civic education 101, so we will get straight to the point and list the countries yet to realise self-actualisation. Here are the top 10 poorest countries in the world as of 2018. 10. Madagascar – $1477 9. Guinea – $1388 8. Eritrea – $1210 7. Mozambique – $1208 6. Niger – $1069 5. Burundi – $951 4. Liberia – $934 3. Malawi – $819 2. The Democratic Republic of Congo – $753 1. Central African Republic – $636 ----------------------------------------­----- Music: https://soundcloud.com/a-himitsu https://www.youtube.com/channel/UCgFwu-j5-xNJml2FtTrrB3A ----------------------------------------­----- Thanks for watching!
Views: 333248 World Top 10
India vs Pakistan & China Economy Power-GDP per capita-Growth Comparison from 1990.2017-2018 History
 
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India vs Pakistan & China Economy Power Comparison -GDP per capita-Growth Comparison from 1990.2017-2018 History Animated Chart Not Many will believe , Pakistan gdp per capita was more than China and India in 1990. ANIMATED 27 Years History of India vs Pakistan vs China Economy-Who is the Richest?Money Power Comparison-GDP . India , China are worlds oldest economic super powers and hold a significant portion of world economy . They are also the fastest growing economies of the world . This comparison of riches between India , china and Pakistan is based on 27 years of data for GDP - PPP and GDP per capita data. History of Chinese, Indian and Pakistan economy comparison is presented in form of animated video for all 3 countries for a simple understanding.
Views: 7923 TUINT
All European Countries Happiness Size Comparison | GDP (PPP) Per Capita
 
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Hello friends, this video shows the size comparison of GDP (PPP) per capita or how happy a country is. GDP per capita is calculated by dividing GDP/Population. Format: Country/Capital/Currency/GDP(PPP) per Capita Hope you will like it! Don't forget to like, share, comment and Subscribe. Playlists are listed below... ALL ABOUT SPACE https://www.youtube.com/watch?v=ciAfg_ILK8M&list=PL88610FE3F1500BE5 ALL ABOUT EARTH https://www.youtube.com/watch?v=FYM5nYTB24E&list=PLRD1q23llMIh-YcONWmnmKOmpvt57blfJ ALL ABOUT COUNTRIES https://www.youtube.com/watch?v=n1fcjFWNJCw&list=PLRD1q23llMIi25XfoJjT-RmJyKm_joMlP ALL ABOUT MOONS https://www.youtube.com/watch?v=sG7M5ljTHzg&list=PLRD1q23llMIiLufg_XAkvnpyUqfyHY_9M UNIVERSE IN 4K https://www.youtube.com/watch?v=yVt2ZNY6TeE&list=PLRD1q23llMIjvpWdWIBXNlcXqGlVQux0l ALL ABOUT PLANETARY SYSTEM https://www.youtube.com/watch?v=hvA8quO67lI&list=PLRD1q23llMIiN1AxHzpbxHFpm22KWjrCg ALL ABOUT CHARACTERS https://www.youtube.com/watch?v=Qh0G1dAOaWs&list=PLRD1q23llMIj3WpNOdbnLc3x4w4WA9NcO TOP 10 https://www.youtube.com/watch?v=HL2zLOr0vu4&list=PLRD1q23llMIhFGPclqtTBmrBx8nM3QIv2 SIT BACK AND RELAX https://www.youtube.com/watch?v=W3MZ-HIgec8&list=PLRD1q23llMIh6G_Us1hV2rwcfd4aG1DH9 Thanks for watching! Disco Lounge by Kevin MacLeod is licensed under a Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100602 Artist: http://incompetech.com/ #v4vfx
Views: 2580 ramesh singh
10 POOREST COUNTRIES IN ASIA  - 2017 | Lowest Per Capita Income
 
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Asia is the Largest Continent in the World with 17 million sqr miles of Area and most populous continent with 3.8 Billion inhabitants. The Region consists of 48 Countries including powerful countries India, China, Russia, Japan and South Korea. The Continent is home to many Poorest and Richest Countries, and many of the poorest countries income depending on Agriculture and small trading systems. Afghanistan is the Poorest Country in Asia with $1,100 per Capita. India and China are the developing countries and the whole economy depends on different sectors from Agriculture to Modern Technology. All figures are drawn from calculations based on World Bank Gross Domestic Product and Gross National Income data. Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population. -------------------------------------------------- World poor country 2017 Asian economy 2017 India poverty 2017 Poorest Country in Asia 2017 Top 5 biggest economies in south asia most populous country in asia World economy Gdp per capita 2017 Haseena Parkar Bareilly Ki Barfi Angelica Hale Golden Buzzer Jab Harry met sejal Poor countries in asia Asia poor countries Poorest in asia Asean 5 Ten poorest countries in asia 2017 South east asia rich and poor South east asia poorest Afghanistan economy Afghanistan India poor country Richest countries in asia 2017 Asia's richest countries in 2017 Rich countries in asia Asia rich and poor 2017 World poorest countries 2017 Poorest countries in the world 2017 Asean rich and poor Asean countries Asean integration Asean economy
Views: 59532 Channel R
Top 10: Countries with the highest GDP per Capita
 
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(6/10) Which Country has the highest GDP per Capita? 8/10 are in Europe! -- Legal -- Music: Bushwick Tarantella (Royalty Free at incompetech.com) by Kevin MacLeod Images: Public Domain, Creative Commons licences No copyrighted material is ever used.
Views: 15333 Ultimate Top 10s
Projected GDP Per Capita
 
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Projected GDP Per Capita, in select markets. Numbers by Goldman Sachs.
Views: 1552 TheMoxieRose
Top 25 World's Richest Countries by GDP Per Capita 2015
 
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The world's economy may be tanking, but there are many countries that are doing pretty well, I'm talking about countries whose wealth is based on the GDP(Gross Domestic Product).That is why the GDP per capita is a more appropriate tool than just comparing GDPs. It can therefore be assumed that the countries with the highest GDPs per capita have the richest citizens. To really ensure the figures are comprehensive and the rankings are appropriate, GDP per capita is then adjusted based on purchasing power parity (PPP) a concept in economics that’s used to determine the relative value between currencies.These estimates are made every year by international financial organizations such as the International Monetary Fund and the World Bank. While the GDP (PPP) is a good indicator of a country's wealth, calculations based on nominal GDP often tend to overlook the cost of living in each country. Small counries like: Monaco, Qatar, Luxembourg, Liechtenstein, Macau, Singapore, Norway, Switzerland, Brunei and other small nations are among the wealthiest in the world because they are able to stay independent. They are also able to totally control their own tax and travel policies, these places can make themselves very attractive to tourists/people looking for second homes; and they only need a few to make a big impact on their economy. Small-scale means agile. Another good thing about many these countries is that favorable tax policies encourage foreigners to base their businesses there, contributing to GDP, that also includes countries like: United States, Canada, Germany, Sweden, Finland, Iceland, Great Britain, Holland, Australia and so on. Source: List of countries by GDP (PPP) per capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita Business Code : Monaco un rocher qui vaut de l'or https://www.youtube.com/watch?v=gwhacLzOPuk Monaco's GDP Per Capita http://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_pcap_cd&idim=country:MCO:LUX:LIE&hl=en&dl=en Qatar's GDP Per Capita https://www.google.com/search?q=passeport+monegasque&safe=active&biw=1192&bih=420&source=lnms&sa=X&ei=CZCaVfeqEsHusAH0vaqYCA&ved=0CAYQ_AUoAA&dpr=1#safe=active&q=qatar+gdp+per+capita&stick=H4sIAAAAAAAAAGOovnz8BQMDowgHjxKHfq6-gZmlebGWWXaylX5OfnJiSWZ-nn5xCZAuLslMTsyJL0pNBwpZpacUxOfl52bmAYUKUovikxMLMksSuxiduOCGCFFqSJZhlQX5hjhzcYIMMawyMjQl1xTfL7pM9ruevE7fcKtor7q52ApBzqsAek1P3jEBAAA Scandinavia - the Utopia that Never Was https://www.youtube.com/watch?v=wpw247cfwes Piers Morgan on Monaco https://www.youtube.com/watch?v=E9iXG4Rkdv4 The 10 Nations With The Highest GDPs Per Capita http://www.therichest.com/business/economy/the-10-nations-with-the-highest-gdp-per-capita/ The World's Richest and Poorest Countries https://www.gfmag.com/global-data/economic-data/worlds-richest-and-poorest-countries Monaco: The Richest Place on Earth http://www.ibtimes.co.uk/monaco-richest-place-earth-1454967 Will America ever be one of the five richest countries https://answers.yahoo.com/question/index?qid=20130312193219AAZdcWL What Makes Countries Rich or Poor? http://www.nybooks.com/articles/archives/2012/jun/07/what-makes-countries-rich-or-poor/ Isn't true that the United States has a higher standard of living than Denmark? https://answers.yahoo.com/question/index?qid=20150706095703AALjPiw&page=2
Views: 23450 bnbalenda
TOP 7 Richest Economies in Southeast Asia 2018 by GDP (Per Capita)
 
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Southeast Asia is one of the region in Asia that have many potential in economy gdp and growth economy, there are 5 new industrialized countries, whole gdp of asean is one of the largest in the world. Having a population around 600 Million people in Asean, here are the top 7 gdp per capita in Asean Countries check it out.. Watch other 7 asean gdp 2022 nominal https://www.youtube.com/watch?v=8zWhY0XECDU&t=90sLike Top 12 asia countries to meet women https://www.youtube.com/watch?v=pjirLiToSm4&t=62s top 10 visited cities in the world https://www.youtube.com/watch?v=TqD46bnPSsE Comment Share and Subscibe Watch video longer down here: https://www.youtube.com/channel/UCY1rGJaKVImQGQb9uUfW6jA https://www.youtube.com/watch?v=2BSYFpizG5o
Views: 13110 Freedom Peace
Europe - Gdp Per Capita, Ppp - Time Lapse
 
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Based on the data freely available at data.worldbank.org
Views: 458 Laughing Copernicus
Gross domestic product (GDP) Comparison
 
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Comparison of money by countries in US dollars. Not all countries, only some. Source: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) ---My websites----- -Blog: http://alvarograciamontoya.blogspot.com.es/2017/01/producto-interno-bruto-pib-comparacion.html -Facebook: https://www.facebook.com/metaballstudios/
Views: 951781 MetaBallStudios
Top 20 Economies 2018 by GDP (PPP)
 
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GDP comparisons using PPP are arguably more useful than those using nominal GDP (see List of countries by GDP (nominal)) when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income. It is however limited when measuring financial flows between countries. PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods. #top10economies #gdp2018 #top10gdp
Views: 111428 Dr. Top 10
Top 15 richest countries in Africa by GDP Per Capita
 
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Africa is the world's second largest continent, home to 54 independent countries. Although Africa is viewed as the world's most impoverished continent, there are some progressing economies on the continent. This is a list of African countries by GDP per capita at Purchasing Power Parity. GDP (PPP) per capita data are in 2010 US Dollars. 2010 ranks are compared with (2005 figures in the brackets). Most important sectors of economy for each country is bolded. Source: Song: Holiday(Bluesolar Remix) by 009 Sound System List of African countries by GDP (PPP) per capita http://en.wikipedia.org/wiki/List_of_African_countries_by_GDP_%28PPP%29_per_capita Top 10 richest countries in Africa http://www.richestlifestyle.com/richest-countries-in-africa/ Top 10 Richest Country in Africa – List Based on Per Capita Income http://www.techscio.com/the-richest-country-in-africa/
Views: 85177 bnbalenda
Top 10 African Countries with the RICHEST Population; GDP Per Capita PPP
 
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There are two ways to measure GDP (total income of a country) of different countries and compare them. One way, called GDP at exchange rate, is when the currencies of all countries are converted into USD (United States Dollar). The second way is GDP (PPP) or GDP at Purchasing Power Parity (PPP) Ensure you SUBSCRIBE -- https://goo.gl/jYw6so GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. In this video we have; 1. Equatorial Guinea 2. Seychelles 3. Mauritius 4. Gabon 5. Botswana 6. Algeria 7. South Africa 8. Egypt 9. Tunisia 10. Namibia ............................ Algeria, Angola,Benin,Botswana, Burkina Faso, Burundi, Cabo Verde,Cameroon,Central African Republic (CAR), Chad, Comoros,Democratic Republic of the Congo,Republic of the Congo,Cote d'Ivoire, Djibouti, Egypt,Equatorial Guinea, Eritrea, Eswatini (formerly Swaziland), Ethiopia,Gabon,Gambia,Ghana,Guinea,Guinea-Bissau,Kenya,Lesotho,Liberia,Libya,Madagascar, Malawi, Mali, Mauritania, Mauritius,Morocco,Mozambique,Namibia,Niger,Nigeria, Rwanda, Sao Tome and Principe, Senegal,Seychelles,Sierra Leone,Somalia,South Africa,South Sudan, Sudan,Tanzania,Togo,Tunisia,Uganda,Zambia,Zimbabwe
Views: 8482 African Insider
Europe - Gdp Per Capita - Timelapse
 
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Based on the data freely available at data.worldbank.org
Views: 799 Laughing Copernicus
10 Richest Countries In Africa in GDP per Capita 2017 - 2018
 
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The top 10 richest countries in Africa by GDP per Capita for 2017 - 2018. What other wealthy African countries do you know of? Comment below and let us know! Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for «fair use» for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of «fair use». The recent amendments to the Copyright Act of 1976 pertain to music. «Fair use» remains in force for film and video. No copyright intended. All content used in adherence to Fair Use copyright law. Copyright issue? Send us a message and we'll get it resolved.
Views: 714 Time Waste Top 10s
Real GDP Per Capita
 
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Link to guided notes: https://docs.google.com/document/d/15_ME7w55mM_9ZVS7n2tInPacSeVGEd1Dm8r-Cjj-hLg/edit?usp=sharing Subscribe and hit the bell to see a new videos. Subscribe here ►https://goo.gl/7sNYbR
Views: 131 Mr. Sinn
::: 20 Richest Countries in the World :::  * by GDP per capita
 
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TOP-20 countries with highest per capita GDP (nominal) : Andorra, Australia, Austria, Bermuda, Cayman Islands, Canada, Denmark, Finland, Qatar, Kuwait, Liechtenstein, Luxembourg, Monaco, Netherlands, Norway, San Marino, Sweden, Switzerland, Unites Arab Emirates, Unites States of America. TOP-20 countries by per capita GDP (nominal) 40 years ago, in 1971 1.MONACO - 13672 2. QATAR - 5827 3. BERMUDA - 5613 4. ARUBA - 5391 5. USA - 5268 6. KUWAIT- 4878 7. LIECHTENSTEIN - 4813 8. SWEDEN - 4765 9. LUXEMBOURG - 4396 10. CANADA - 4421 11. SWITZERLAND - 4412 12. NEW CALEDONIA - 3984 13. AUSTRALIA - 3963 14. DENMARK - 3734 15. NORWAY - 3706 16. UAE - 3676 17. ANDORRA - 3485 18. ICELAND -3193 19. FRANCE - 3140 20. NETHERLANDS - 3134
Views: 10860 cbfhtyrty
Australia and New Zealand GDP per Capita
 
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Created by Andy Baker, IUPUI Geography
Views: 128 Andy Baker
How to Calculate Nominal GDP & GDP per capita
 
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macroeconomics Portugal
Views: 1225 TRAVIS KLEIN
Calculation of per capita GDP
 
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Sample calculation of per capita GDP. For www.inflateyourmind.com, Principles of Macroeconomics by John Bouman.
Views: 11714 John Bouman
List of countries by share of world GDP (1980-2021)
 
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List of top 10 countries by GDP PPP from 1982 to 2021. Only those countries are ranked which exist today. Some of the countries which dont exist today like USSR has not been ranked.We can see how china which was not even in top 10 in early 1980 grown remarkably and became the biggest economy in the world in 2014. India is also now reducing the gap with USA and is now have the healthy lead of 4th which is only expected to increase.
Views: 76190 Just Data
Real GDP Per Capita | Macroeconomics
 
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https://goo.gl/mQSvr6 for more FREE video tutorials covering Macroeconomics.
Views: 5824 Spoon Feed Me
World's Richest Countries by GDP | Per Capita | Top 10 Richest Country 2017 List
 
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Do you know? What are Top 10 Richest Countries in The World (2017)? Know about world's richest countries by GDP | Per Capita [2017 List]. In fact, these wealthiest Nations has world's strongest economy, and this list is based on their GDP and (PPP) Per Capita or say annual income of per person living in these wealthy countries. NOTE: Income Stats that are used in this video are taken from Forbes, to make it much more legit and accurate. So, the list of Top 10 Richest Countries in The World of 2017 is here: 10. Netherlands Population - 16.9 million GDP (PPP) Per Capita: $40,975 (As estimated from 2009-2016) The Dutch are more than just a tulip country. Its success comes from three key sectors mining, agriculture, and manufacturing. 9. Switzerland GDP (PPP) Per Capita: $42,310 (As estimated from 2009-2016) Swiss banking and financial institutions keep this country and its economy a float. Zurich and Geneva, Switzerland's most well-known cities, have consistently ranked among the top ten highest living standard cities in the world. 8. Hong Kong Population in 2016 - 7,346,248 GDP (PPP) Per Capita: $46,110 (As estimated from 2009-2016) Hong Kong is an autonomous territory, and former British colony, in southeastern China. Its vibrant, densely populated urban center is a major port and global financial hub with a skyscraper-studded skyline. 7. United States of America (U.S.A) GDP (PPP) Per Capita: $46,870 (As estimated from 2009-2016) While most nations on the list have small populations (relatively), it is impressive that the world's largest economy. The United States, can maintain a per capita GDP (PPP) of $46,870, considering its population of over 315 million people. 6. United Arab Emirates (U.A.E.) GDP (PPP) Per Capita: $47,440 (As estimated from 2009-2016) The UAE is the second largest economy in the Arab world after Saudi Arabia. This Middle Eastern federation of emirates has a land area of about 32,278 sq. miles, which means it could easily fit within New York State (54,556 sq. miles). With a population of 9.2 million people, it's a bit more populated than the state of New Jersey. A third of the $47,440 per capita economy comes from oil revenues, while the service sector and telecommunications also contribute significantly. 5. Brunei GDP (PPP) Per Capita: $48,410 (As estimated from 2009-2016) Brunei, a small country with a wealthy economy that is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village tradition has led to GDP per capita (PPP) of 48,410. It is almost completely supported by exports of crude oil and natural gas. Like other oil countries in the list the government has shown progress in diversifying the economy away from just oil and gas. 4. Norway GDP (PPP) Per Capita: $51,850 (As estimated from 2009-2016) Driven by fishing, natural resources, and major petroleum exploration, Norway is the eighth largest exporter of crude oil. Norway is the 9th largest exporter of refined oil, and 3rd largest exporter of natural gas in the world. This Nordic nation's per capita GDP of $51,850 allows its 4.97 million people to reap the benefits of a small yet robust economy. 3. Singapore GDP (PPP) Per Capita: $56,690 (As estimated from 2009-2016) The basis of Singapore's wealth is its financial services sector, a chemical export industry, and its liberal economic policies that encourage growth and innovation. Singapore has the second busiest port in the world, exporting $414 billion of goods in 2011 alone. This tiny city-state has moved up from 5th position to take 3rd with per capita income (PPP) of $56,690 which is five times the average per capita income for an ordinary individual in the world. 2. Luxembourg GDP (PPP) Per Capita: $81,456 A symbol of wealth, number two on the list has a per capita GDP (PPP) of $81,456 The backbone of this strong economy is its vibrant financial sector, prudent fiscal policies, and dynamic industrial and steel sectors. Banking in Luxembourg is the largest sector of its economy with an asset base of over $1.24 trillion alone. 1. Qatar GDP (PPP) Per Capita: $88,220 (As estimated from 2009-2016) Qatar ranks number one on the list of the top 10 richest nations because of its high GDP (PPP) per capita of $88,220. Qatar has a well-developed oil exploration industry where the petroleum industry accounts for 70% of its government revenue, 60% of its GDP and 85% of its export earnings. However, Qatar is also the most controversial country on the list for its use of forced labor from nations throughout Asia and parts of Africa. Now you know about world's Top 10 Most wealthiest countries,. Please do like, share and comment this video. SUBSCRIBE US HERE: https://www.youtube.com/c/networthm and click the red subscribe button including bell icon for instant updates. Also visit our official website: http://networthm.com Thanks of you appreciations in advance!
Views: 3587 Networthm
ASIA'S TOP 15 RICHEST COUNTRIES 2017 | Highest GDP Per Capita PPP in Asia
 
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GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. The List of the Countries by GDP (Gross Domestic Product) at Purchasing Power Parity per Capita, Asia is one of the Largest Region and has Developing nations with High Economy. Japan, Singapore, Brunei and South Korea ranks better in the World on GDP. The Countries has different rules and regulation with different cost of living and rates of inflation. Russia is not in the list that is considered as Eurasia and most countries in the Asia is below world GDP (PPP) per capita. The List of Richest Countries in Asia ranked by the GDP at PPP per Capital by International Monetary Fund. ASIA'S TOP 15 RICHEST COUNTRIES 2017 | Highest GDP Per Capita PPP --------------------- Asian economy 2017 Gdp per capita 2017 World economy 2017 World gdp per capita 2017 Richest nation 2017 Asian richest country Asean economy 2017 Rich asean country 2017 Rich country in the world 2017 Despacito Miss Universe 2017 Miss Thailand 2017 Qatar crisis Qatar income Qatar economy Qatar fifa Top 20 richest country in asia Rich countries gdp per capita income Gdp per capita income by countries Highest gdp per capita income in asia High gdp per capita income in asia Rich country in south east asia Richest country in asia 2017 Richest country in asia Top 10 rich country in asia Top 20 rich country in asia Asian rich country India economy Singapore economy Japan economy Philippines economy
Views: 25139 Channel R
GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent
 
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GDP Per Capita Growth, 5 Yrs (%) - Pakistan Compared To Continent Subscribe channel for getting more and valuable videos
Views: 20957 SMMARU
TOP 10 World Biggest Economies 2017 (GDP PPP) | GDP Per Capita PPP
 
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Here are the richest countries and global super power Top 10 Largest Economy In The World By GDP (PPP) 2017 and GDP per Capita. -~-~~-~~~-~~-~- Please watch: "Most Powerful Military Comparison | World Strongest Military" https://www.youtube.com/watch?v=s8q6qMAieUs -~-~~-~~~-~~-~-
Views: 3199 TheInfo Facts
Africa  Highest GDP per capita
 
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http://www.weforum.org/
Nominal vs. Real GDP
 
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"Are you better off today than you were 4 years ago? What about 40 years ago?" These sorts of questions invite a different kind of query: what exactly do we mean, when we say “better off?” And more importantly, how do we know if we’re better off or not? To those questions, there’s one figure that can shed at least a partial light: real GDP. In the previous video, you learned about how to compute GDP. But what you learned to compute was a very particular kind: the nominal GDP, which isn’t adjusted for inflation, and doesn’t account for increases in the population. A lack of these controls produces a kind of mirage. For example, compare the US nominal GDP in 1950. It was roughly $320 billion. Pretty good, right? Now compare that with 2015’s nominal GDP: over $17 trillion. That’s 55 times bigger than in 1950! But wait. Prices have also increased since 1950. A loaf of bread, which used to cost a dime, now costs a couple dollars. Think back to how GDP is computed. Do you see how price increases impact GDP? When prices go up, nominal GDP might go up, even if there hasn’t been any real growth in the production of goods and services. Not to mention, the US population has also increased since 1950. As we said before: without proper controls in place, even if you know how to compute for nominal GDP, all you get is a mirage. So, how do you calculate real GDP? That’s what you’ll learn today. In this video, we’ll walk you through the factors that go into the computation of real GDP. We’ll show you how to distinguish between nominal GDP, which can balloon via rising prices, and real GDP—a figure built on the production of either more goods and services, or more valuable kinds of them. This way, you’ll learn to distinguish between inflation-driven GDP, and improvement-driven GDP. Oh, and we’ll also show you a handy little tool named FRED — the Federal Reserve Economic Data website. FRED will help you study how real GDP has changed over the years. It’ll show you what it looks like during healthy times, and during recessions. FRED will help you answer the question, “If prices hadn’t changed, how much would GDP truly have increased?” FRED will also show you how to account for population, by helping you compute a key figure: real GDP per capita. Once you learn all this, not only will you see past the the nominal GDP-mirage, but you’ll also get an idea of how to answer our central question: "Are we better off than we were all those years ago?" Macroeconomics Course: http://bit.ly/1R1PL5x Ask a question about the video: http://bit.ly/24pzD7X Next video: http://bit.ly/1TGgR8r Help us caption & translate this video! http://amara.org/v/H0PX/
GDP Per Capita Explained in Hindi
 
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If you are confused between GDP per capita nominal and purchasing power parity then this video is for you. If you like this video then hit like and subscribe my channel.
Top 10 Countries by Per Capita Income
 
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Top 10 Countries by Per Capita Income: Income per capita is a measure of the amount of money earned per person in a certain area. It can apply to the average per-person income for a city, region or country, and is used as a means of evaluating the living conditions and quality of life in different areas. TOP 10 ECONOMIES OF 2018 IN TERMS OF GDP TOP 10 RICH COUNTRIES IN 2018 #percapitaincome #top10 #richestcountry
Views: 1813 Dr. Top 10
Top 10 Richest Countries in Asia by GDP per capita 2017
 
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The following are the top 10 Asian countries ranked by GDP per capita PPP according to International Monetary Fund 2016. Please leave your comments below and don’t forget to like and subscribe. Thanks. Music Provided by NoCopyrightSounds Jim Yosef - Firefly [NCS Release] https://www.youtube.com/watch?v=x_OwcYTNbHs NCS Twitch http://twitch.tv/nocopyrightsounds Spotify http://spoti.fi/NCS SoundCloud http://soundcloud.com/nocopyrightsounds Facebook http://facebook.com/NoCopyrightSounds Twitter http://twitter.com/NCSounds Google+ http://google.com/+nocopyrightsounds Follow Jim Yosef SoundCloud https://soundcloud.com/jim-yosef Facebook https://www.facebook.com/jimyosefmusic YouTube https://www.youtube.com/user/Jimboows Disclaimer: This video is purely for general information and entertainment purposes only. While we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the video or the information, products, services, or related graphics in the video for any purpose. All images used in this presentation are owned by their respective owners. No copyright infringement intended. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arise out of, or in connection with, the use of this video. Through this video you are able to link to other websites which are not under the control of PH TV. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Every effort is made to keep the channel up and running smoothly. However, PH TV takes no responsibility for, and will not be liable for, the video being temporarily unavailable due to technical issues beyond its control.
Views: 19633 PH TV
Relative GDP per capita in XLS
 
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This clip shows how to create a chart of relative GDP per capita in XLS.
What Is The Meaning Of Gross National Product Per Capita?
 
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ECONOMICS the total value of all the goods and services produced by a country in a year including income from foreign investments, divided by the number of people living there: For countries which have a lot of foreign investments, GNP per capita is a more accurate economic indicator. Gdp per capita definition, formula, highest, lowest, the balancegross national income wikipedia. Gni per capita gross national income (gni) is the sum of value added by all resident producers plus any product taxes (less tim callen gdp definition, what. 13 apr 2017 definition gdp per capita is a measure of a country's economic output that accounts for population. What is gnp (gross national product)? Definition & example per capita gross product longman dictionary. La per capita gross domestic product definition from financial times difference between gnp, gdp and gni (gdp) vs national (gnp. Gnp per capita meaning in the cambridge english dictionary. Per capita gdp investopedia per is a measure of the total output country that takes gross domestic product (gdp) and divides it by number people in national (gnp) an economic statistic includes gdp, plus any income earned residents from overseas investments, minus gnp meaning, definition, what value all goods services produced year including. Gross national product per capita listed as gnppcgnppc, gross definitions of the indicators. E per capita gross national product meaning, definition, what is the of a country learn more name domestic (gdp). Brief definition levels of gdp per capita are obtained by dividing at current market prices the it is gross national product. Please note whereas ppp estimates for oecd countries are quite gni definitions, examples, and meaning explained example tables present recent data on country gdp per capita 100 economies graph download economic from 1960 to 2016 about china, capita, translation 'per gross national product' in the free english german dictionary many other translations definition of domestic product. Per capita gdp investopedia. [1]add term to 8 jul 2017 the main difference is that gnp (gross national product) takes into account real gdp per capita to what extent does gdp measure living gross national product can also be calculated on a per capita basis to demonstrate the consumer buying power of an Gross national product (gnp) investopedia. It divides the country's gross domestic national product (gnp) is market value of all products and services produced in 'china's gdp per capita from han dynasty to communist times. Definition & formula global finance magazine. Gross domestic product per capita economic the united gross national capitagross (gdp) an economy's all back to basics. What are gross domestic national product income gdp gnp gni. ' (2016)measuring america how economic growth came to define american greatness in the late 20th century (2010) the gross national income (gni) is the total domestic and foreign output claimed by residents of gross national income in
Views: 21 Shanell Kahl Tipz
GDP, GDP Per Capita, and the Standard of Living
 
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Justin Hendrickson Econ Period 1 - created at http://goanimate.com/
Views: 6806 itsjustinhendrickson
Top 10 Richest Caribbean Islands | GDP per capita Income
 
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Support This channel : https://www.patreon.com/1MegaVideosChannel Join the Patron: this is Invitation link: https://patreon.com/invite/wvnznz Credits : http://indapaper.com/top-10-richest-caribbean-islands/10/ Music : Ikson - Utopia (Vlog No Copyright Music) Ikson - Lights (Vlog No Copyright Music) Ikson - Angel (Vlog No Copyright Music) Top 10 Richest Caribbean Islands In 2017 1. Bahamas – $31, 238 GDP per capita The Bahamas soars to the top of our list thanks to its prosperous tourism industry. The idyllic island paradise makes the most of its natural splendour, attracting visitors from all around the world to its sandy shores. With an estimated 5.7 million tourist arrivals in 2012, it is one of the most-visited Caribbean islands. Tourism boosts the Bahamian economy massively, accounting for 60% of GDP and providing employment for over half of the island’s population. 2. Puerto Rico – $27, 714 GDP per capita Puerto Rico is the most competitive economy in Latin America, with an economy primarily driven by the manufacturing industry: 46% of GDP is derived from manufacture. The most manufactured products are pharmaceuticals, electronics, textiles and petrochemicals. Pr in natural resources however, the island is very dependent on exterior trade with the US, Ireland and Japan for materials. This means that the Puerto Rican economy is highly sesitive to the flctuations of the world economy. 3. Trinidad and Tobago – $26, 681 GDP per capita Oil tanks for cargo service at night In November of 2011, Trinidad and Tobago was removed from the OECD’s list of dveloping cuntries. Today, it is the third richest Caribbean island. The petroleum industry lies at the heart of Trinidad and Tobago’s newly flourishing economy: oil and gas generate approximately 40% of GDP and 80% of exports. 4. Barbados – 26, 644 GDP per capita Barbados Beach Part of the British Epire up until 1966, since gaining independence Barbados has transformed itself from a low-income economy highly dependent on sugar production, into a well developed economy built on tourism and the offshore sector. Currently, the island has the third largest stock exchange in the Caribbean region. Nonetheless, a 2012 study with the Caribbean Development Bank revealed that 20% of Bajans live in perty, 5. Antigua and Barbuda – $19, 822 GDP per capita Antigua et Barbuda An ideal dual-island for luxury holidays, Antigua’s economy prospers thanks to its tourism industry. In 2009 the island’s economy was ht hard by the economic ression which decreased the number of visitors to the island but in past years tourism has picked up again: in 2013, it accounted for approximately 60% of GDP and 40% of investments. Antigua and Barbuda’s agricultural production is geared towards the domestic market, 6. St Kitts and Nevis – $18, 543 GDP per capita St Kitts and Nevis - Sugarcane The twin-island federation of St Kitts and Nevis prospers primarily thanks to tourism and export-oriented manufacturing, as well as agriculture, with approximately 39% of the islands’ land reserved to crops (primarily devoted to sugarcane and peanuts). The service industry currently accounts for an estimated 75% of GDP, highlighting how crucial the tourist industry has been to St Kitts and Nevis’s economy. 7. Dominica – $12, 728 GDP per capita Hot Springs of Dominica A mere 6 years ago, in 2008, Dominica had the lst GDP of any of the East Caribbean states. Since, however, things have turned around for the island. Agriculture – particularly banana crops – are central to this regained prosperity. Banana production employs a third of the population. However, in response to a change in European Union banana trade preferences 8. St Lucia – $11, 632 GDP per capita Bananas St Lucia Traditionally, St Lucia gained most of its riches from banana cultivation. However, in October of 2010, Hcane Tmas battered many of St Lucia’s banana crops which, once recovered, were then largely ht with back sitoka diase. 9. St Vincent and the Grenadines – $11, 149 GDP per capita St Vincent and the Grenadines The island where The Prates of the Caribbean was filmed does not gather its riches from gold-filled treasure chests, but from agriculture. Bananas alone account for more than 60% of the work force, and 50% of merchandise exports. 10. Grenada – $10, 979 GDP per capita Grenada Watersports Grenada has a small, open economy that’s largely tourism-based. Approximately 69% of the island’s GDP emanates from the service industry. Over the past twenty years, the economy has shifted from being dependent on agriculture to being dependent on the services.
Views: 2108 1 Mega Videos Channel