GNI per capita (constant 2015 US$)



Countries By GNI per capita (constant 2015 US$)



Key points



Official Definition of GNI per capita (constant 2015 US$)

GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2015 U.S. dollars.



Importance

GNI per capita is a crucial macroeconomic statistic that provides insight into the economic well-being of a country's individual citizens. A high GNI per capita signifies a higher average income level among the population, indicating greater economic prosperity, better living standards, and increased purchasing power. This can lead to improved access to quality healthcare, education, and overall higher standards of living for the citizens.

Conversely, a low GNI per capita reflects lower average income levels within the population, indicating economic challenges such as poverty, limited access to basic services, and reduced purchasing power. Countries with a low GNI per capita may face difficulties in providing adequate healthcare, education, infrastructure, and social welfare for their citizens.

Therefore, the value of GNI per capita is crucial for policymakers and economists as it helps in assessing the economic development, inequality levels, and overall well-being of a country's population. Governments can use this statistic to design policies that aim to enhance economic growth, reduce poverty, and improve the standard of living for their citizens.



Top 10 Countries by GNI per capita (constant 2015 US$)

Bottom 10 Countries by GNI per capita (constant 2015 US$)



Regions

Europe

The GNI per capita (constant 2015 US$) data shows a wide disparity among the listed countries. Luxembourg stands out with the highest GNI per capita, indicating a high standard of living and economic prosperity. Countries like Ukraine and Moldova have significantly lower GNIs per capita, pointing to economic challenges and lower living standards. The GNI per capita reflects a country's overall economic performance and income distribution. High GNI per capita can signal a stable economy with opportunities for growth but may also highlight income inequality. Conversely, low GNI per capita may indicate underdevelopment or economic instability but could also suggest a more equal income distribution. Each country's GNI per capita figure provides valuable insights into its economic landscape and development trajectory.

Far East: East Asia, SE Asia, Australia

The GNI per capita data for the selected countries varies significantly, with Australia having the highest value at $58,413.69 and Cambodia the lowest at $1,345.81. Japan and South Korea also have notably high figures, standing at $36,120.46 and $31,208.55 respectively. These values reflect the economic development and standard of living within each country, with higher values indicating greater prosperity. Australia and Japan benefit from diversified economies and technological advancements, but face challenges of high costs of living. Cambodia and Vietnam, while showing lower figures, have potential for rapid growth, but may struggle with income inequality and infrastructure limitations. The GNI per capita statistic signals the overall economic health and income distribution within each country, influencing their development strategies and international competitiveness.

ASEAN

Brunei has the highest GNI per capita at $31,259, indicating a higher standard of living and strong economic performance. Malaysia follows with $10,178, showing a moderate level of development. Indonesia, Vietnam, and the Philippines fall in the middle range, while Cambodia has the lowest GNI per capita at $1,345, highlighting lower economic development. Brunei and Malaysia benefit from higher incomes but may face challenges in income distribution. Cambodia's low GNI per capita reflects limited economic opportunities, while Indonesia, Vietnam, and the Philippines show potential for growth but also disparities in wealth distribution. This statistic illustrates the varying levels of economic development and income inequality among these countries.

Latin America

Analysis of GNI per capita (constant 2015 US$) reveals a varied economic landscape among the listed countries. Uruguay boasts the highest GNI per capita at $15,533, indicating a relatively prosperous economy, possibly driven by strong industries. In contrast, Nicaragua has the lowest GNI per capita at $1,772, indicating economic challenges. Argentina, Chile, and Costa Rica also exhibit relatively high GNIs, suggesting stable economic growth. Bolivia, Honduras, and El Salvador face lower GNIs, indicating potential developmental hurdles. This statistic is crucial as it reflects the average income and standard of living in each country, impacting investment attractiveness, social welfare programs, and overall economic development strategies.

Middle East

When analyzing the GNI per capita (constant 2015 US$) for the selected countries, we see a wide range of values indicating varying economic conditions. The United Arab Emirates stands out with the highest GNI per capita, signaling a prosperous economy and high standard of living, while countries like Algeria and Morocco have lower values, highlighting economic challenges. Bahrain and Israel also show strong economic performance. Advantages of a high GNI per capita include better infrastructure and social services, but it may lead to income inequality. Lower GNI per capita can indicate a need for development strategies. This statistic impacts each country's development by influencing government policies, investments, and international relations, ultimately shaping their economic trajectory.



Rivals

Anglosphere v BRICS

When comparing GNI per capita among selected countries, we observe significant disparities. The United States stands out with a high GNI per capita of $60,290, indicating a prosperous economy. Australia and Canada also exhibit strong economic performance with GNIs of $58,413 and $41,941 respectively. The United Kingdom follows closely with $41,316. In contrast, India's GNI per capita is notably lower at $1,789, highlighting developmental challenges. Brazil, China, Russia, and South Africa fall in between. Advantages of high GNI per capita include better living standards and infrastructure, but it may also lead to income inequality. Conversely, lower GNIs may signify room for growth but can indicate economic struggles. The GNI per capita statistic reflects a country's overall economic health and impacts development strategies and resource allocation.

Russia v Ukraine

When comparing the GNI per capita of the Russian Federation and Ukraine, we see a stark contrast. The Russian Federation boasts a significantly higher GNI per capita of $9224.01 compared to Ukraine's $2408.32. This reflects Russia's larger economy and higher standard of living. However, Ukraine's lower GNI per capita could indicate economic challenges and lower living standards. The higher GNI per capita of Russia suggests better infrastructure, healthcare, and overall quality of life for its citizens. On the other hand, Ukraine may face disadvantages such as income inequality and limited access to resources. Improving this statistic is crucial for both countries' development, as a higher GNI per capita signifies economic prosperity and better opportunities for their populations.

France v United Kingdom

In terms of GNI per capita, France has a value of $36,140.32 while the United Kingdom stands at $41,316.36 in constant 2015 US dollars. The United Kingdom exhibits a higher GNI per capita compared to France, indicating a stronger economic performance and higher average income for its residents. This suggests a potential advantage for the UK in terms of higher standards of living and economic prosperity. On the other hand, France's slightly lower GNI per capita may indicate a need for more economic growth strategies to improve individual wealth and standard of living. Overall, the GNI per capita statistic reflects the economic development and income distribution within each country, influencing various aspects such as social welfare programs, infrastructure investments, and overall economic competitiveness on the global stage.

Israel v Iran

Iran has a GNI per capita of $5133.43, reflecting a lower economic output compared to Israel's $38569.12. Israel showcases a significantly higher economic prosperity than Iran. Iran's lower GNI per capita may indicate challenges in economic growth and development, potentially due to sanctions impacting its economy. However, Iran may benefit from a more diversified economy. In contrast, Israel's higher GNI per capita signifies a more robust economy with higher standards of living. This statistic implies that Israel has greater economic stability and potential for growth compared to Iran, yet Iran's potential lies in diversification and resilience to external pressures.

Saudi Arabia v Iran

Iran has a GNI per capita of $5133.43, while Saudi Arabia's GNI per capita stands at $19226.80. The significant disparity in their GNI per capita values reflects differing levels of economic development between the two countries. Iran's lower GNI per capita suggests a lower average income for its population compared to Saudi Arabia. Despite this, Iran may benefit from a more diversified economy compared to Saudi Arabia, which heavily relies on oil exports. Saudi Arabia, on the other hand, enjoys higher individual wealth but faces risks associated with its dependence on oil revenues. These GNI per capita figures are crucial indicators of each country's economic well-being and can influence policy decisions regarding development strategies and income distribution.

India v Pakistan

India has a GNI per capita of 1788.814 USD while Pakistan's GNI per capita is slightly lower at 1548.933 USD. India's higher GNI per capita indicates a relatively higher level of economic prosperity compared to Pakistan, suggesting a larger average income per person. Advantages for India include potentially higher standards of living and more significant individual purchasing power. However, this also signifies a wider income inequality gap. Pakistan, on the other hand, may struggle with lower average incomes, possibly affecting its overall economic development and social welfare programs. The GNI per capita statistic underscores the economic disparities between the two countries and serves as a crucial indicator of their respective developmental priorities and challenges.

China v Japan

China, People's Republic of, has a GNI per capita of $10,276.31, indicating a moderate level of economic prosperity. In comparison, Japan boasts a significantly higher GNI per capita of $36,120.46, reflecting a more developed and affluent economy. China's advantage lies in its large population and robust manufacturing sector, but faces challenges in income inequality and environmental degradation. Japan, on the other hand, benefits from advanced technology and a high standard of living, yet struggles with an aging population and low economic growth. This statistic is crucial for assessing the overall economic well-being and development potential of each country, guiding policy decisions and international relations.



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