Which country has the world’s highest per capita income?

Luxembourg has the highest per capita income, according to both nominal GDP and PPP GDP rankings. Different groups offer different rankings, but Luxembourg consistently comes out on top, with the United States ranking far behind in both assessments. There are two main ways in which one can determine which country has the highest per capita […]

What’s GNP per capita?

GNP per capita measures a country’s economic output per citizen. It is calculated by dividing a country’s GNP by its population. However, other economic metrics such as median income, unemployment, and wealth distribution must also be examined. Two countries with the same GNP and population may have vastly different economic situations. Gross National Product (GNP) […]

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