Emerging Economies and Developing Countries Although we have never lived in a more prosperous period, and poverty rates have been declining overall, this year global extreme poverty for the first time in over two decades.
Methodology Using data from the United Nations, Mathisen collected nominal GDP in U.
Calculate the GDP per capita of the country based on the given information.
In the years leading up to 1970, the USSR had seen impressive GDP growth largely due to adopting Western technologies that increased productivity.
Over the last 30 years, the number has been steadily decreasing — by 2030, an estimated 479 million people will be living in extreme poverty, which according to population estimates, will represent only 6% of the population.
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Applications of Per Capita GDP Governments can use per capita GDP to understand how the economy is growing with its population.
That said, economic inequality between different regions is still prevalent.
Real GDP per capita - The World Factbook Field Listing Real GDP per capita This entry shows real GDP, divided by population as of 1 July for the same year. Afghanistan $2,000 (2020 est.) $2,100 (2019 est.) $2,000 (2018 est.) note: data are in 2017 dollars Albania $13,300 (2020 est.) $13,700 (2019 est.) $13,300 (2018 est.)
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