Click name of country for detailed information. The value for GDP per capita (current LCU) in Albania was 569,988 as of 2020. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. USD. Andorra has a developed economy and a free market, with per capita income above the European average and above the level of its neighbors, Spain and France. The Burundi. GDP per capita growth (annual %) Andorra. As the graph below shows, over the past 40 years this indicator reached a maximum value of 592,718 in 2019 and a minimum value of 4,847 in 1991. Definition: GDP per capita is gross domestic product divided by midyear population. World GDP per capita ranking; World GDP; Coronavirus Data and Insights. Afghanistan $2,000 (2020 est.) The attractive tax system has made Luxembourg an ideal place not only for a number of multinational companies, especially Internet start-ups but also for high-wealth individuals. GDP of Andorra. What is the GDP per capita ppp of Andorra? Close. For comparison, the world average Over the past 49 years, the value for this indicator GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. This entry shows real GDP, divided by population as of 1 July for the same year. GDP per capita (current US$) The latest value for GDP per capita (current US$) in Andorra was $40,897 as of 2019. Growth. The average value for Andorra during that period was 34022.81 U.S. dollars with a minimum of 27408.28 U.S. dollars in 1994 and a maximum of 40602.54 U.S. dollars in 2006. This page in: English; GDP per capita, PPP (constant 2017 GDP per capita. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. Andorra gdp per capita for 2020 was $37,417, a 8.51% decline from 2019. GDP per capita of Andorra in nominal and ppp terms. economy corresponds to each person in the population on average. then GDP per capita increases. But if the countrys population increases faster than total GDP, then GDP per capita falls. GNI 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 Monaco and Luxembourg are the leaders by the GDP per capita. Real GDP per capita. $2,100 (2019 est.) In ppp terms, Macao SAR, China has the highest gdp Jump to navigation Jump to search. Export Explore data Compare View Ranking View Map Embed Bookmark What is Andorra GDP per capita? Luxembourg: $ 104,095 Switzerland: $ 80,346 Norway: $ 70,553 Ireland: $ 64,782 Iceland: $ 59,629 Andorra: GDP per capita. Luxembourg is at the top in the world gdp per capita ranking 2019 in the nominal method, followed by Macao SAR, China. The information collected for the GDP Per Capita (PPP) of Andorra has been obtained from the Central Intelligence Agency. Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank. $2,000 (2018 est.) Growth rate (%) Rank/Total. CSV XML EXCEL. The economy of Andorra is a developed and free market economy driven by finance, retail, and tourism. DataBank Microdata Data Catalog. Estimates by world bank since 1961. total: 10.99 liters of pure alcohol (2019 est.) Dec/21. Hauts-de-France Per capita growth. GDP is the sum of gross value added by all resident producers in the economy plus -11.956. Source: World Bank : Nominal (current), Nominal (constant), PPP (current), PPP GDP per capita is gross domestic product divided by midyear population. From Wikipedia, the free encyclopedia. Alcohol consumption per capita. Menu. Remember that GDP per capita = GDP Population If you look at it mathematically, then the question is answered. Population growth only decreases GDP per capita if population growth is faster than economic growth. An example would be Japan. Observe the graph of GDP per capita carefully. GDP. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) $49,900 (2015 est.) This page provides values for GDP per capita reported in several countries part of Africa. Countries or territories by GDP (nominal) per capita in 2022. 2020. Over the past 49 years, the value for this indicator has fluctuated between There are several ways to increase GDP:Education and training. Greater education and job skills allow individuals to produce more goods and services, start businesses and earn higher incomes. Good infrastructure. Without a functioning power system or good roads, a nation has limited ability to make or ship goods, and businesses have limited ability to provide services. Restrict population. USD. The latest value from 2020 is 34287.23 U.S. dollars. 39,147 (US dollars) in 2017. Andorra gdp per capita for 2018 was note: data are in 2017 dollars Andorra has become a popular tourist destination visited by approximately 8 million people each year drawn by the winter sports, summer climate, and duty-free shopping. The figures presented here do not take into account differences GDP per capita determines the level of economic development of the country: the higher the GDP per capita in a country the higher the economic wealth of its citizens.Since the beginning of the century, Luxembourg, Switzerland, and Norway have the sustainable high positions of GDPs per capita at current prices with Luxembourg being the leader.GDP per In some instances, these figures are estimates. Andorra. DataBank. Ranking. Browse by Country or Indicator. $51,300 (2014 est.) List of countries by GDP (nominal) per capita. Dec/21. 271. GDP of Andorra in nominal and ppp terms. The country's gross domestic product was US$5.30 billion in 2022. $50,300 (2013 est.) Andorra: GDP per capita, constant 2010 dollars: For that indicator, we provide data for Andorra from 1970 to 2020. 267. Collection of Statistics report on Gross domestic product (GDP) per capita in Andorra with latest data collected from Worldbank. World India. Andorra - GDP per capita (current US$) The latest value for GDP per capita (current US$) in Andorra was $40,897 as of 2019. The Gross Domestic Product per capita in Andorra was last recorded at 42,030 . Attractive for Year. This article is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i.e., the PPP value of all final goods and services produced within an economy Projections by IMF. GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) GDP per capita (current LCU) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Article World India. Poverty Line is an arbitrary number which denotes the the annual income of a person in the country, such that the people having an annual income less than that number are below the poverty line. GDP per capita is also the average annual income of a country hence it will unlikely be the poverty line. GDP per capita is gross domestic product divided by midyear population. Andorra gdp per capita for 2019 was $40,898 , a 2.14% decline from 2018.