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Spain’s economy is thriving, driven by a global boost in services, mainly tourism, overtaking the sluggish performance of the ...
Economist Kelvin Emmanuel has said Nigeria cannot have a strong economy when per capita income has fallen below $900.
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 ...
Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is ...
GDP per capita, on the other hand, is what you get when you divide a country’s GDP by its total population. It is like dividing a household’s total income by the number of people in the household.
According to IMF data dated April 2025, India’s GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan’s GDP per capita of USD 33,955.7, meaning Japan’s per capita income is ...
According to IMF data dated April 2025, India's GDP per capita of $2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of $33,955.7, meaning Japan's per capita income is about 11.8 ...
Somalia ranks poorly in key dimensions of human development, and urgently needs developmental leadership to reverse the ...