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Per capita defense spending in Indonesia is $27.80, the second lowest in the region after Cambodia. GDP per capita It's a good representation of a country's standard of living. 500 times the country's GDP per capita worth of losses. Middle income countries are divided into two: lower middle-income countries have GNI per capita of $1,026 to 4,035, while those with $4,036 to 12, are upper middle-income countries. In the long-term, the Philippines GDP per capita PPP is projected to trend around 8720.00 USD in 2021 and 9000.00 USD in 2022, according to our econometric models. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Lower income countries are those with GNI per capita of $1,025 and less. Online tool for visualization and analysis. 2. Aggregates. Per Capita Gross Domestic Product: 20,827: 21,772: 4.5 2. Philippines's GDP growth is expected at 4.5% in 2021 and 5.5% in 2022 ADO 2021. France gdp for 2018 was $3,034.52B, a 0.58% increase from 2017. THE PHILIPPINE ECONOMY su ff ered its worst annual contraction on record in 2020, even after gross domestic product (GDP) shrank by a slower pace in the fourth quarter, the Per Capita Gross National Income: 25,058: 26,057: 4.0 3. CSV XML EXCEL. GDP per capita is an important metric to show a countrys economic strength. Graph and download economic data for Constant GDP per capita for the Philippines (NYGDPPCAPKDPHL) from 1960 to 2020 about Philippines, per capita, real, and GDP. MANILA (Reuters) - The Philippine economys contraction this year could be France gdp for 2018 was $3,063.02B, a 0.94% increase from 2018. GDP per capita in US$ World Bank (1960 to 2017) GDP per capita vs population density. According to these numbers, Vietnam has caught up with the Philippines in term of GDP per capita. The COVID-19 pandemic, however, dims the countrys growth prospects in 2020. A Look at the Markets. GDP per capita in Panama averaged 5481.93 USD from 1960 until 2020, reaching an all time high of 11902.33 USD in 2019 and a record low of 2139.39 USD in 1960. The industrial sector has made a fair and sustained contribution to the GDP of the Philippines over the years, averaging 34% during 1980-2014 and 4,577,736. This is a list of regions of the Philippines by GDP and GDP per capita. The equivalent countries which are comparable to the regions in GDP are chosen by Worldbank data for the same year. Data for 2020 estimates (international US$ using 2020 PPP conversion factor from the International Monetary Fund ). All suggestions for corrections of any errors about GDP - per capita (PPP) should be addressed to the CIA. GDP per capita in England. Statistics in Asia. In April 2015, the Indonesian parliament announced a plan to increase military expenditure to $15 billion by 2020, twice the 2015 level; expenditure would increase from 0.8 percent to 1.5 percent of GDP. (Xinhua/Rouelle Umali) On the other hand, contributors to growth were led by: Financial and insurance activities, 5.2 percent; Public Philippines. I hope you find the information useful. The maximum level was 3340 USD and minimum was 1100 USD. $5,515,376 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of quarterly GDP of the 51 countries that we publish. GDP (purchasing power parity) GDP - real growth rate; GDP - per capita (PPP) GDP Myanmar's GDP growth is expected to contract by 9.8% in 2021 ADO 2021 Myanmar's inflation rate forecasted at 6.2% in 2021 ADO 2021 Myanmar's per capita GDP growth rate is forecasted at -10.6% in 2021 ADO 2021 1. MORE. Philippines' GDP growth rate drops 16.5 pct Q2 2020, lowest since 1981. Vietnam: 3572 USD. By Reuters Staff. This is a list of Asian countries by GDP per capita based on purchasing power parity.All figures are given in international dollars and are the latest estimates from the International Monetary Fund. Per Capita Gross Domestic Product: 39,639: 41,595: 4.9 2. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The main contributors to the decline were: Construction, -24.2 percent; Other Services, -38.0 percent; and Real Estate and Ownership of Dwellings, -13.2 percent. The Philippines GDP and Economic Data Country Report 2017 - Includes The Philippines real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. mics expects the Philippine economy to grow by 6.3 percent, although the forecasts for this year and next year were both below the governments yearly target of GDP per capita (current US$) - Philippines. Selected Countries and Economies. GDP dropped at a more moderate, albeit still-pronounced, rate of 4.2% year-on-year in the first quarter, following the 8.3% decline logged in the fourth quarter of last year. In World Factbook data, Liechtenstein is in the 1st position. GDP per capita Maddison (2020) - line chart. Richest Asian Countries : GDP Per Capita (1960 2021) source Gross domestic product (GDP) contracted by 9.5% in 2020, the worst ever in Philippine history. Since 2009, spending on In 2020 Asias GDP will overtake the GDP of the rest of the world combined. Similar values. GDP per capita is an important metric to show a countrys economic strength. GDP (purchasing power parity) GDP - real growth rate; GDP - per capita (PPP) GDP The data reached an all-time high of 3,512.256 USD in Dec 2019 and a record low of 177.167 in Dec 1962. The Philippine Gross Domestic Product (GDP) posted a decline of -4.2 percent in the first quarter of 2021. Dollars) GDP drops at softer rate in Q1 but fails to meet market expectations. The Philippines per-capita GDP was last recorded at an all-time high of 2,891.36 U.S. dollars in 2017, according to Tradingeconomics.com.Thats well above the 8.4 percent from 2010 to 2020 Philippines GDP per capita History. Countries with GNI per capita amounting to $12,476 and above are high income countries. Philippines gdp per capita for 2019 was $3,485, a 7.16% increase from 2018. GDP per Capita. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2020. Source: CIA World Factbook - This page was last updated on Friday, November 27, 2020. The GDP per Capita in South Korea is equivalent to 225 percent of the world's average. Graph and download economic data for Gross Domestic Product Per Capita for Philippines (PCAGDPPHA646NWDB) from 1960 to 2019 about Philippines, per capita, and GDP. (see Data FAQs) Source: IMF World Economic Outlook Database. $760. The industrial sector has made a fair and sustained contribution to the GDP of the Philippines over the years, averaging 34% during 1980-2014 and The June 2020 Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt to prospects for growth. In the Philippines, health expenditure accounted for about 4.4 percent of the GDP in 2018. Purchasing power parity compares different countries economic output. This is a list of Asian countries by GDP per capita based on purchasing power parity.All figures are given in international dollars and are the latest estimates from the International Monetary Fund. Last 12 readings. National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP per capita (inflation- and PPP-adjusted): World Bank data vs. Penn World Table data. Most Recent Value. GDP per capita in China averaged 1979.43 USD from 1960 until 2020, reaching an all time high of 8405.18 USD in 2020 and a record low of 132.08 USD in 1962. Per capita income of top ranker, Luxembourg is over 6.8 times the world GDP per capita and 155 times the lowest-ranked Burundi of Int. GDP Growth Rate in Philippines averaged 1.12 percent from 1998 until 2021, reaching an all time high of 8 percent in the third quarter of 2020 and a record low of -14.90 percent in the second quarter of 2020. 1% of GDP (2020 est.) Dollars) GDP drops at softer rate in Q1 but fails to meet market expectations. MANILA, Philippines 2020 was a turbulent year, but apart from public health, the economy probably took the brunt of damage from the unprecedented coronavirus crisis. Jul 16, 2021. License : CC BY-4.0. Material footprint per capita in the Philippines 2005-2017. GDP Nominal: $20.81 trillion. The Philippines has one of the most vibrant economies in the East Asia Pacific region, growing at 6.2% in 2018 and 5.9% in 2019. Same region. INTRODUCTION. 8,452 (international dollars) in 2020 In 2020, GDP per capita based on PPP for Philippines was 8,452 international dollars. 2017. Asia-Pacific will also be responsible for the overwhelming majority (90%) of the 2.4 billion new members Richest Asian Countries : GDP Per Capita (1960 2021) source Buildings are seen in Manila, the Philippines on Aug. 7, 2020. Gross domestic product Data published MANILA -- The Philippines ended the pandemic year of 2020 with its worst economic performance since This means that Vietnam has already passed the Philippines GDP per capita. Frances GDP per capita is $42,877.56, the 19th highest in the world, and GDP (PPP) is $2.96 trillion. Philippines GDP shrinks 9.5% in 2020, worst since 1947. The 150 richest cities in the world by GDP in 2020. Philippines - GDP (billions of U.S. See Also. National income per capita is Monaco, which was in the first place of this list last year in the first step of 2020 world secrets. The Gross Domestic Product per capita in China was last recorded at 8405.18 US dollars in 2020. Estimated gross national income per capita, male (2017 PPP $) n.a. Click on any of the links to gain more in-depth reviews of these top countries. $700. Burundi. Many of leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.. For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. Country. The Gross Domestic Product per capita in South Korea was last recorded at 28361.19 US dollars in 2020. GDP - per capita: $8,400 (2017 est.) GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. PH economy plunges by record -9.5% in 2020 as Q4 GDP maintains slump. 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. Most such agglomerations are economically, socially and culturally dominated by one city at their centre. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020 See also: GDP - per capita (PPP) map 2020. As of October 2020, the Philippines GDP per capita is 3,373, and Vietnams is 3,498. The GDP per capita varies drastically worldwide. List of countries ranked by GDP - per capita (PPP). License : CC BY-4.0. GDP (per capita): $1,309 (2019) per World Bank. South Africa's GDP has been increasing year over year, slowed down in 2020, and is expected to see increases of 3.1% and 2.5% in 13,937. GDP per capita (2020) Philippines: 3575 USD. Philippine 2020 GDP decline to be deeper than forecast. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. GDP per capita of Philippines increased from 1,004 US dollars in 2001 to 3,330 US dollars in 2020 growing at an average annual rate of 6.72%. 181. 3 Min Read. Published by Statista Research Department , Jun 21, 2021. - GDP per capita: $13,034 (1.3% 2009-2019 annual growth) - GDP: $763.3 billion (#32 among all countries) Unemployment, poverty, and inequality have been continual challenges for South Africa's economy, although the state does have abundant natural resources.
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