List of countries by GNI (nominal) per capita in the context of "Per capita income"

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⭐ Core Definition: List of countries by GNI (nominal) per capita

This is a list of countries by gross national income per capita in 2024 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. GNI per capita is the gross national income divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Knowing a country's GNI per capita is a good first step toward understanding the country's economic strengths and needs, as well as the general standard of living on average. A country's GNI per capita tends to be closely linked with other indicators that measure the social, economic, and environmental well-being of the country and its people. The GNI per capita at Purchasing power parity are shown at list of countries by GNI (PPP) per capita. Change of GNI per capita with time are at list of countries by GNI per capita growth.

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👉 List of countries by GNI (nominal) per capita in the context of Per capita income

Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year.

In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. This allows the calculation of per capita income for both the country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions.

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List of countries by GNI (nominal) per capita in the context of Japanese economic miracle

The Japanese economic miracle (Japanese: 高度経済成長, romanizedKōdo keizai seichō) refers to a period of economic growth in post–World War II Japan. It generally refers to the period from 1955, around which time the per capita gross national income of the country recovered to pre-war levels, and to the onset of the 1973 oil crisis.

Before the war, Japan had achieved industrialisation from the second half of the 19th century, but light industry and agriculture remained the backbone of the economy, and poverty was widespread among the working class and tenant farmers. Heavy industry was primarily focused on the military, such as aviation, shipbuilding, and military vehicles, rather than the production of civilian goods. The Second World War resulted in the loss of all its colonial possessions, and both the mainland's industrial capabilities and population were heavily damaged. After the war, the government was deep in debt, while the people suffered privation of vital supplies, which inevitably caused hyperinflation.

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List of countries by GNI (nominal) per capita in the context of List of countries by GNI per capita growth

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. These values of GNI per capita growth are corrected for inflation, but not adjusted for purchasing power parity.

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List of countries by GNI (nominal) per capita in the context of Economy of Brazil

Brazil has a diversified developing economy. It is the largest in Latin America and the Southern Hemisphere in nominal terms. As of 2024, the Brazilian economy is the third largest in the Americas in nominal terms, and second largest in purchasing power parity. It is an upper-middle income developing economy. In 2024, according to International Monetary Fund (IMF), Brazil had the 10th largest nominal gross domestic product in the world, but the 7th largest purchasing power parity GDP in the world. In 2024, according to Forbes, Brazil was the 7th largest country in the world by number of billionaires. Brazil is one of the ten chief industrial states in the world according to International Labour Organization. According to the International Monetary Fund (IMF), Brazil's nominal GDP was US$2.331 trillion; the country has a long history of being among the largest economies in the world and the GDP per capita was US$11,178 per capita.

The country is rich in natural resources. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy. However, Brazil's economic growth decelerated in 2013 and the country entered a recession in 2014. The economy started to recover in 2017, with a 1% growth in the first quarter, followed by a 0.3% growth in the second quarter compared to the same period of the previous year. It officially exited the recession.

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List of countries by GNI (nominal) per capita in the context of Economy of Malaysia

The economy of Malaysia is an upper-middle income, newly industrialised, developing economy, which is relatively open and state oriented. It ranks as the 36th largest in the world in terms of nominal GDP and 30th largest by purchasing power parity (PPP). It has a labour workforce of 17.51 million with the labour productivity of Malaysian workers being the 62nd highest in the world and significantly higher than China, Indonesia, Vietnam, and the Philippines.

The Malaysian economy has developed vertical and horizontal integration across several export linked industries while capturing a significant global market share for manufactured products and commodities ranging from integrated circuit, semiconductor, and palm oil to liquefied natural gas.

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