Economists have historically used GDP per capita to determine the richest country in the world, but that's misleading when ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Amid the economic disruption, however, several countries managed ... By comparison, the U.S. GDP per capita in 2008 was $53,854.16 (in constant 2015 dollars). Below is a table detailing the ...

A country's Gross Domestic Product (GDP) can vary significantly depending on several factors, including; economic structure, ...

The analysis looks at GDP per capita, which is sometimes used as a way to roughly compare standards of living in different countries. It adjusts for price differences between countries in an ...

The OECD and the EU 27 rank Ireland as the wealthiest country by GDP per capita, while the OECD 28 ranks Ireland fourth. What caused Ireland's economic growth? In addition to rising house prices, ...

Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.