This is a list of countries by gross national income (GNI) per capita growth. This list is not to be confused with GDP per capita growth, GNI per capita or GDP growth.
The rate of GNI per capita growth in annual percentage according to the World Bank for last available year is shown in below table. [1] These values of GNI per capita growth are corrected for inflation, but not adjusted for purchasing power parity.
Country | GNI per capita growth (annual %) | Year |
---|---|---|
Afghanistan | -8.9 | 2022 |
Albania | 10.2 | 2021 |
Algeria | 3.7 | 2023 |
Angola | -3.0 | 2023 |
Argentina | -2.7 | 2023 |
Armenia | 10.7 | 2023 |
Australia | 0.0 | 2023 |
Austria | -0.1 | 2022 |
Azerbaijan | 2.5 | 2012 |
Bahamas | 9.5 | 2022 |
Bahrain | 4.3 | 2021 |
Bangladesh | 4.7 | 2023 |
Belarus | 4.9 | 2023 |
Belgium | -0.9 | 2022 |
Belize | 4.4 | 2023 |
Benin | 3.8 | 2023 |
Bermuda | 7.7 | 2022 |
Bhutan | 5.3 | 2022 |
Bolivia | 2.0 | 2022 |
Bosnia and Herzegovina | 3.4 | 2023 |
Botswana | 1.8 | 2022 |
Brazil | 2.4 | 2023 |
Brunei Darussalam | -5.6 | 2022 |
Bulgaria | 2.3 | 2023 |
Burkina Faso | 2.9 | 2021 |
Burundi | -0.2 | 2023 |
Cabo Verde | 5.1 | 2023 |
Cambodia | 6.9 | 2023 |
Cameroon | 1.8 | 2023 |
Canada | -4.0 | 2023 |
Central African Republic | -3.0 | 2022 |
Chad | 1.1 | 2023 |
Chile | -0.3 | 2023 |
China | 3.1 | 2022 |
Colombia | 1.9 | 2023 |
Comoros | 0.6 | 2023 |
DR Congo | 6.7 | 2023 |
Republic of the Congo | 1.6 | 2023 |
Costa Rica | 0.8 | 2022 |
Ivory Coast | 3.0 | 2023 |
Croatia | 3.0 | 2023 |
Cuba | -0.1 | 2019 |
Cyprus | 5.1 | 2022 |
Czech Republic | -2.5 | 2022 |
Denmark | 3.2 | 2022 |
Djibouti | 1.4 | 2023 |
Dominican Republic | 0.7 | 2023 |
Ecuador | 0.6 | 2023 |
Egypt | 1.0 | 2023 |
El Salvador | 2.8 | 2023 |
Equatorial Guinea | -10.6 | 2019 |
Eritrea | 5.7 | 2011 |
Estonia | -2.1 | 2022 |
Eswatini | 16.9 | 2022 |
Ethiopia | 4.1 | 2023 |
Finland | -2.3 | 2023 |
France | 0.3 | 2022 |
Gabon | 14.8 | 2022 |
The Gambia | 2.9 | 2023 |
Georgia | 6.3 | 2023 |
Germany | 0.7 | 2023 |
Ghana | 3.2 | 2022 |
Greece | 5.3 | 2022 |
Guatemala | 2.4 | 2023 |
Guinea | 2.4 | 2023 |
Guinea-Bissau | 1.9 | 2023 |
Haiti | -3.1 | 2023 |
Honduras | 2.7 | 2023 |
Hong Kong | 2.2 | 2023 |
Hungary | 0.5 | 2022 |
India | 6.7 | 2023 |
Indonesia | 4.5 | 2023 |
Iran | 2.7 | 2022 |
Iraq | -1.0 | 2021 |
Ireland | 3.2 | 2022 |
Isle of Man | -8.8 | 2021 |
Israel | 5.2 | 2022 |
Italy | 2.9 | 2023 |
Jamaica | 1.9 | 2019 |
Japan | -0.0 | 2022 |
Kazakhstan | 1.4 | 2022 |
Kenya | 3.0 | 2022 |
South Korea | 1.8 | 2023 |
Kosovo | 4.7 | 2023 |
Kuwait | -0.7 | 2019 |
Kyrgyzstan | 7.6 | 2022 |
Laos | 5.3 | 2016 |
Latvia | 4.2 | 2022 |
Lebanon | 1.3 | 2023 |
Lesotho | 3.5 | 2022 |
Libya | 1.9 | 2022 |
Lithuania | -5.2 | 2022 |
Luxembourg | -3.6 | 2022 |
Macau | -8.1 | 2022 |
Madagascar | 1.9 | 2023 |
Malaysia | 2.9 | 2023 |
Mali | 1.4 | 2023 |
Malta | 2.6 | 2023 |
Marshall Islands | 1.2 | 2022 |
Mauritania | 1.3 | 2023 |
Mauritius | 10.2 | 2023 |
Mexico | 2.2 | 2023 |
Moldova | 3.8 | 2023 |
Mongolia | 8.1 | 2023 |
Montenegro | 5.1 | 2023 |
Morocco | 0.2 | 2022 |
Mozambique | -5.2 | 2022 |
Namibia | 1.6 | 2023 |
Nepal | 1.4 | 2023 |
Netherlands | -0.3 | 2022 |
New Zealand | 0.8 | 2022 |
Nicaragua | 5.2 | 2023 |
Niger | 2.2 | 2019 |
North Macedonia | 0.8 | 2023 |
Norway | 25.0 | 2022 |
Oman | 3.6 | 2021 |
Pakistan | -2.3 | 2023 |
Palau | -4.5 | 2022 |
Panama | 11.1 | 2022 |
Paraguay | 3.5 | 2023 |
Peru | 0.4 | 2023 |
Philippines | 8.8 | 2023 |
Poland | 0.2 | 2023 |
Portugal | 3.0 | 2023 |
Puerto Rico | 4.2 | 2023 |
Qatar | -1.3 | 2020 |
Romania | 2.4 | 2023 |
Russia | -1.9 | 2022 |
Rwanda | 5.9 | 2023 |
Samoa | 8.0 | 2023 |
San Marino | 8.2 | 2021 |
Senegal | 0.7 | 2023 |
Serbia | 2.4 | 2023 |
Seychelles | 5.5 | 2023 |
Sierra Leone | 2.5 | 2021 |
Slovakia | 0.9 | 2023 |
Slovenia | -1.0 | 2022 |
Solomon Islands | -0.5 | 2022 |
South Africa | -0.9 | 2023 |
South Sudan | -5.8 | 2015 |
Spain | 2.1 | 2022 |
Sri Lanka | -2.3 | 2023 |
Sudan | -1.1 | 2022 |
Sweden | 1.6 | 2022 |
Switzerland | 2.6 | 2022 |
Tajikistan | 10.4 | 2022 |
Tanzania | 1.5 | 2022 |
East Timor | -28.1 | 2022 |
Togo | 3.9 | 2023 |
Tonga | -5.2 | 2021 |
Tunisia | -0.9 | 2023 |
Uganda | 2.5 | 2023 |
Ukraine | -8.7 | 2022 |
United Arab Emirates | -6.6 | 2020 |
United Kingdom | -12.2 | 2020 |
USA | 1.9 | 2022 |
Uruguay | 3.0 | 2023 |
Vanuatu | 0.5 | 2022 |
Venezuela | -2.3 | 2014 |
Vietnam | 7.6 | 2022 |
Palestine | 3.9 | 2022 |
Zimbabwe | 4.2 | 2022 |
The growth of per capita income can show high variance between years for some countries. [2] Some countries might misreport their GNI per capita growth, which can be corrected in later revisions. [3]
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Definitions of GDP are maintained by several national and international economic organizations, such as the OECD and the International Monetary Fund.
Per capita income (PCI) or average income measures the average income earned per person in a given area in a specified year.
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The category of newly industrialized country (NIC), newly industrialized economy (NIE) or middle income country is a socioeconomic classification applied to several countries around the world by political scientists and economists. They represent a subset of developing countries whose economic growth is much higher than that of other developing countries; and where the social consequences of industrialization, such as urbanization, are reorganizing society.
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The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign financial output claimed by the residents of a country, consisting of gross domestic product (GDP), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
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Real income is the income of individuals or nations after adjusting for inflation. It is calculated by dividing nominal income by the price level. Real variables such as real income and real GDP are variables that are measured in physical units, while nominal variables such as nominal income and nominal GDP are measured in monetary units. Therefore, real income is a more useful indicator of well-being since it measures the amount of goods and services that can be purchased with the income. Growth of real income is related to real gross national income per capita growth.
Income in India discusses the financial state in India. With rising economic growth and prosperity, India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. According to a 2021 report by the Pew Research Center, India has roughly 1.2 billion lower-income individuals, 66 million middle-income individuals, 16 million upper-middle-income individuals, and barely 2 million in the high-income group. According to The Economist, 78 million of India's population are considered middle class as of 2017, if defined using the cutoff of those making more than $10 per day, a standard used by the India's National Council of Applied Economic Research. According to the World Bank, 93% of India's population lived on less than $10 per day, and 99% lived on less than $20 per day in 2021.
Bangladesh is an under-developed nation. Despite rapid economic growth, poverty remains a major issue. However, poverty has declined sharply in recent history. Shortly after its independence, approximately 90% of the population lived under the poverty line. However, since economic reforms and trade liberalization of early 1990s, along with accelerated economic growth since early-2000s, Bangladesh have experienced a dramatic progress in reducing poverty. The remarkable progress in poverty alleviation has been recognized by international institutions. According to World Bank, more than 33 million Bangladeshi people have been lifted out of poverty since 2000; as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.