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Gross domestic product |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.17 sec. |
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Gross domestic product (GDP) The market value of final goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas. |
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It's worth noting that in 1800, when the vast majority of people on the planet were farmers, the global average GDP per capita, adjusted for inflation, was about $600. Over the same period, African GDP per capita fell from $1,770 in constant 1995 dollars adjusted for purchasing power parity (PPP) to $1,479. GDP per capita based on purchasing power parity (PPP) Trinidad and Tobago $13,958 Argentina $13,153 Chile $11,537 Costa Rica $10,316 Mexico $10,090 Uruguay $9,619 Brazil $8,745 Panama $7,327 Colombia $7,303 Dominican Republic $7,055 Venezuela $5,801 Peru $5,594 Paraguay $4,663 El Salvador $4,525 Jamaica $4,471 Guatemala $4,136 Ecuador $4,010 Bolivia $3,049 Honduras $2,793 Nicaragua $2,779 SOURCE: IMF Note: Table made from bar graph. |
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GDP per capita
