source: World Bank 10Y Four economies in the top ten including top three have gained. Switzerland gdp per capita for 2019 was $81,994, a 1% decline from 2018. It is an important indicator of the economic strength of a country. Switzerland gdp per capita for 2018 was $82,818, a 2.94% increase from 2017. Switzerland has the second highest gross domestic product (GDP) per capita in the world. The gross domestic product provides information on regional and cantonal economic activity in Switzerland. GDP per capita of 39 economies increased in 2020. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. - … China Gross Domestic Product (GDP) per Capita reached 10,434.921 USD in Dec 2020, compared with 10,182.085 USD in Dec 2019. You are very wrong in your assertion that these countries are not food independent, Ireland is one of the most food-secure countries on earth. On the domestic side, the downturn reflected contractions in private consumption and fixed investment. Switzerland is yet another European country that made the list of top five wealthiest countries based on GDP per capita. Productivity by industry (ISIC Rev.3) Quarterly benchmarked Unit Labour Cost indicators – By economic activity. Switzerland GDP per capita: $94,696.13 GDP: $824.74 billion. Switzerland is a modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Dollars, Annual, Not Seasonally Adjusted 1960 to 2020 (Jul 1) Liquid Liabilities to GDP for Switzerland World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th –highest in the world. Burundi. The data reached an all-time high of 90,811.838 USD in Dec 2011 and a record low of 16,954.024 in Dec 1984. I hope you find the information useful. 198 rows With above one lakh USD Luxembourg has the highest GDP. Gross domestic product (GDP) per capita is often used as the barometer when comparing labor productivity and the standard of living across countries. €19,508. The nominal per capita GDP is higher than those of the larger Western and Central European economies and Japan. Currency – Iceland króna (ISK) Gross Domestic Product (PPP) – $19.8 billion (2020 est.) The statistic shows the growth of the real gross domestic product (GDP) in Switzerland from 2016 to 2019, with projections up until 2026. Gross domestic product per capita in current prices. Dollars: $52,331 6 . 4 overall in the U.S. News Best Countries ranking. Below you can find an updated list with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2019).. Turkey’s GDP per capita index was 36% lower than the EU average, according to the preliminary results of the European Comparison Program for 2020… Gross domestic product per capita is sometimes used to describe the standard of living of a population, with a higher GDP meaning a higher standard of living. Burundi. Data. In 2020, Germany ranked 16th with an estimated GDP of about 45,732.8 U.S. dollars per capita. Economy 2020. The GDP of Switzerland is currently 83,833 USD. Rankings of Switzerland (2018–2020) GII Innovation inputs Innovation outputs 2020 1 2 1 2019 1 2 1 ... (GDP per capita) and innovation performance (GII score). Meanwhile, this makes it an interesting thing to discuss the Top 10 Richest Countries in Europe by GDP per Capita. Data are in current U.S. dollars. August 27, 2020. GDP per capita in Laos averaged 897.98 USD from 1984 until 2020, reaching an all time high of 1840.50 USD in 2019 and a record low of 401.60 USD in 1988. Gross domestic product enables the economic growth of each region and canton to be measured. At the end of 2015 Swiss GDP per capita stood at CHF 77,943 (approx. Bulgaria was the Member State with the lowest GDP per capita, at 45% below the EU average. Global per capita GDP growth. Country GDP per Capita (Nominal, 2021, USD) Luxembourg: $125,923: Ireland: $90,478: Switzerland: $90,358: Norway: $76,408 GDP per capita PPP (purchasing power parity) in Switzerland decreased to 68393 USD in 2020. Explore photos, statistics and additional rankings of Switzerland. $18,820, less than the same period last year, when it was. Switzerland has very well developed high effective industry known for very good quality. The gdp per capita in switzerland is equivalent to 629 percent of the world s average. Country Report 2017 - Includes Switzerland real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. With a population of only 400,000 people, this country holds a GDP per Capita of $81, 612. Switzerland GDP. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This is higher than the long term average of 0.98%. ... 1960 - 2020 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Switzerland gdp for 2018 was $592.26B, a 0.65% increase from 2018. In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as … 2. The Gross Domestic Product per capita in Laos was last recorded at 1835.66 US dollars in 2020. IMPACT OF COVID-19: As of December 1, 2020, 4,940 deaths had been attributed to the pandemic in Switzerland, and the economy was forecast to contract by 5.3 percent for the year. Overview. 6. Turkey's GDP per capita index was 36% lower than the EU average, according to the preliminary results of the European Comparison Program for 2020… Switzerland. The nominal per capita GDP is higher than those of the larger Western and Central European economies and Japan. Let us try to calculate the GDP per capita using the nominal GDP formula. The South African economy grew by 1,1% in the first quarter of 2021 (January–March), translating into an annualised growth rate of 4,6%.1 This follows a revised 1,4% (annualised: 5,8%) rise in real gross domestic product (GDP) in the fourth quarter of 2020. Luxembourg; Luxembourg is a founding member of the European Union. GDP is … Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. In 2020, the highest share of economies will experience contractions in annual per capita gross domestic product (GDP) since 1870. 2017. The German economy is the fourth-largest in the world with a GDP of $4.0 trillion. GDP growth (annual %) Switzerland. In 2020, Ireland recorded the second highest level of GDP per capita in the EU, at 111% above the EU average, with only Luxembourg at a higher level. GDP per capita, PPP, constant 2017 international US-$ Year: 2019: Unit: PPP, constant 2017 international US-$ Direction: High values translate into high scores: Source 1: World Bank, World Development Indicators: Data for: In 2019, the United States spent about $11,100 per person on healthcare — the highest healthcare cost per capita across the OECD. Trade. Switzerland. Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. It has the 42nd GDP (PPP) globally which is estimated at $19.8 billion and its per capita income is estimated at $54,482. The maximum level was 2095 USD and minimum was 709 USD. In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as … NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. people receive multiple doses). Use the table below to search by country name, GDP per capita amount and percentage changes since 2010 when the Great Recession solidified or more recently since 2020. Austria GDP (Gross Domestic Product) was INT$467.23billion for 2020 in PPP terms. 10 rows Ten of the wealthiest countries experienced increases in their GDP per capita at a more. Graph and download economic data for Constant GDP per capita for Switzerland (NYGDPPCAPKDCHE) from 1980 to 2020 about Switzerland, per capita, real, and GDP. … Top 50 Countries by GDP Per Capita. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020). Country GDP per Capita (Nominal, 2021, USD) Luxembourg: $125,923: Ireland: $90,478: Switzerland: $90,358: Norway: $76,408 2. 72,874 (international dollars) in 2020 In 2020, GDP per capita based on PPP for Switzerland was 72,874 international dollars. No claims are made regarding the accuracy of GDP - per capita (PPP) information contained here. 1. Switzerland gdp for 2018 was $588.43B, a 0.03% increase from 2018. 10 rows Ten of the wealthiest countries experienced increases in their GDP per capita at a more. These countries aren't even food independent.??? Menu. According to the data compiled by the publication, with GDP per capita of $43,689 for 2020, Israel ranked 19 th out of the top 20, above No. GDP of Switzerland increased from 287.55 billion US dollars in 2001 to 747.43 billion US dollars in 2020 growing at an average annual rate of 5.37%. Close. $700. GDP per Capita. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Top Gainers in 2020: Ireland has added $3368 in 2020, followed by Taiwan Province of China ($2370), Switzerland ($1163), Luxembourg ($1082) and Guyana ($733). Menu. Dollars) GDP records sharpest contraction since Q2 2020 in the first quarter GDP declined 0.5% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, contrasting the 0.1% expansion logged in the fourth quarter of last year. And output for a given country 's GDP divided by population as of December.... 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