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GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different ...
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
The United States', however, remained the world's largest economy with the highest nominal GDP. [139] Real GDP per capita (measured in 2009 dollars) was $52,444 in 2017 and has been growing each year since 2010.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the Qing dynasty in aggregate output decades earlier.
Appearance. This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Values are given in International Dollars. These figures have been taken from the International Monetary Fund 's World Economic Outlook (WEO ...
County GDP per capita (2012 US$) d County population, 2020/2022 e; 1 Los Angeles: Los Angeles: California: 711.874 72,422 9,829,544 2 New York: New York a: New York ...
This is a list of North American nations ranked by Gross Domestic Product (GDP) per capita in nominal terms, which are calculated at market or government official exchange rates. The figures provided are 2019 estimates from the IMF [1]