List of sovereign states in Europe by GNI (nominal) per capita

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This is a map of European countries by GNI (gross national income nominal) per capita for year 2021. [1] High income [2] in purple ($13,205 or more, as defined by the World Bank), upper middle income in orange ($4,256 and $13,205), and lower middle income ($1,086 and $4,255) in red.

Contents

Explanation

For the current 2021 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,085 or less in 2021; lower middle-income economies are those with a GNI per capita between $1,086 and $4,255; upper middle-income economies are those with a GNI per capita between $4,256 and $13,205; high-income economies are those with a GNI per capita of $13,205 or more.

  high income [7] ($13,205 or more)
  upper middle income ($4,256 and $13,205)
  lower middle income ($1,086 and $4,255)

See also

Notes

  1. Only 52 sovereign states are listed, including Kosovo and Vatican which are not UN members.
  2. Data include the French overseas departments of French Guiana, Guadeloupe, Martinique and Réunion.

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An emerging market is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets that may become developed markets in the future or were in the past. The term "frontier market" is used for developing countries with smaller, riskier, or more illiquid capital markets than "emerging". As of 2006, the economies of China and India are considered to be the largest emerging markets. According to The Economist, many people find the term outdated, but no new term has gained traction. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion. Emerging market economies’ share of global PPP-adjusted GDP has risen from 27 percent in 1960 to around 53 percent by 2013. The ten largest emerging economies by nominal GDP are 5 of the 10 BRICS countries along with Indonesia, Mexico, Poland, South Korea, and Turkey.

The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of 56* member states. 49* are predominantly Muslim states. As of 2013, the combined GDP (nominal) of 48* Muslim majority countries was US$ 12.97 trillion. As of 2016, they contributed 8% of the world's total. Those 57* OIC countries have a combined GDP of US$ 23.948trillion. The largest economic country based on total PPP and Nominal GDP is Indonesia. The richest country on the basis of GDP per capita at PPP is Qatar, with incomes exceeding $133,357 per capita. On the basis of per capita GDP, Qatar is also the richest country, with incomes exceeding US$68,977 per capita. According to a report by Salam Standard, the GDP impact of the world’s Muslim tourism sector exceeded $138 billion in 2015, generating 4.3 million jobs and contributing more than $18 billion in tax revenue.

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 9.97 lakh rupees in 2022. 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. The same year, GRI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country's economic performance and welfare, the GNI is related to the GDP or the Gross Domestic Product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation.

References

  1. "World Bank Country and Lending Groups – World Bank Data Help Desk".
  2. World Bank Country Classification for 2021
  3. GNI (nominal) per capita for year 2021, World Development Indicators database, Atlas method, World Bank, revised 2023
  4. "IMF WEO April 2021 Edition GDP (PPP) per capita – international dollars".
  5. "IMF WEO April 2021 Edition GDP (PPP) per capita – international dollars".
  6. GNI (PPP) per capita (World Bank Database), revised 01 July 2017
  7. World Bank Country Classification for 2021