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Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the ...
GDP per capita, calculated by dividing a country’s total economic output by its population, serves as a useful indicator of ...
Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is ...
Dr Akinwunmi Adesina, the outgoing president of the African Development Bank, AfDB, stirred the hornet’s nest when he said Nigeria’s GDP per capita was $1,847 in 1960 but $824 in 2025, implying that ...
Singapore is also rich, with a GDP-PPP per capita of $153,610. The economy of Singapore is supported by global trade, finance, and high technology.
GDP per capita, based on purchasing power parity (PPP), accounts for the cost of living, purchases, and other price differences. Together, it helps you to assess how much wealth is distributed ...
Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita in 2025.
Japan’s nominal gross domestic product per capita in 2023 ranked 22nd among the 38 members of the Organization for Economic Cooperation and Development (OECD), matching its lowest level on ...