Countries in green have more than 32,000, yellow 18,000-32,000 and red below 18,000 GDP (PPP) per capita. This is map and list of European countries by Gross national income (PPP) per capita for year 2020 from World Bank. Per capita consumption is the yearly use of goods and services by each person. List of sovereign states in Europe by GNI (PPP) per capita. PPP is for purchasing power parity and it means how much money would be needed to buy the same item in two different countries. GDP is the worth of all goods and services made in a country in a year. Although GDP per capita is an important and widely used indicator of countries’ level of economic welfare, "consumption per capita" may be more useful for comparing the relative welfare of consumers across various countries. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. It is used to describe the standard of living of a population, with a higher gross domestic product per capita country ranking a higher standard of living is possible for its population. GDP per capita of Philippines in nominal and ppp terms. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. For rankings regarding wealth, see list of countries by wealth per adult. GDP per capita is a measurement used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int18,381. This is a list of countries of the world sorted by their gross domestic product (GDP) per capita.
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