Which among the following countries had the highest GDP per person in 2011?

Which among the following countries had the highest GDP per person in 2011?

GDP measures the value of all final goods and services produced within a country. The country with the highest GDP per capita, Norway, had a GDP per capita value in 2011 that was more than twice that of the country with the lowest value, the Czech Republic.

What was the GDP of India in 2011/12 rupees?

GDP of India Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year 2020-21 is estimated at ₹ 135.13 lakh crore, as against the First Revised Estimate of GDP for 2019-20 of ₹ 145.69 lakh crore.

Which is the second richest country in the world?

The GDP of Norway ranks as the second-largest in the world. Back in 2017, Norway’s GDP registered as 74,571 USD. In 2019, the country experienced a high jump to a GDP value of 86,362 USD. Switzerland is yet another European country that made the list of top five wealthiest countries based on GDP per capita.

Which is the largest economy in the world by GDP?

In 2018, the Chinese GDP in nominal terms stood at $13.41 trillion, lower than the U.S. by $7.08 trillion. In 2019, the gap is expected to reduce to $7.13 trillion, and by 2023, the difference would be $5.10 trillion. In terms of GDP in PPP, China is the largest economy,…

Where does China rank in the world in nominal GDP?

Since China’s transition to a market-based economy through privatisation and deregulation, the country has seen its ranking increase from ninth in 1978 to second to only the United States in 2016 as economic growth accelerated and its share of global nominal GDP surged from 2% in 1980 to 15% in 2016.

Which is the twelfth largest economy in the world?

Russia, the largest country in the world in terms of landmass is the twelfth largest economy in the world with a nominal GDP of $1.52 trillion. Russia moves up the ladder to the sixth spot for rankings with a $4.01 trillion GDP based on PPP.