What is the per capita real GDP in 2011?
$50,495
Annual U.S. Real GDP Per Capita Since 1947 in 2012 Dollars
| Year | Real GDP Per Capita | Event Affecting GDP |
|---|---|---|
| 2008 | $51,637 | Financial crisis. Fed lowered rates. QE. |
| 2009 | $49,491 | Obama took office. American Recovery and Reinvestment Act. |
| 2010 | $49,903 | ACA passed. Tax cuts. |
| 2011 | $50,495 | Iraq War ended. |
What is the average GDP per capita in Spain?
Data are in current U.S. dollars. Spain gdp per capita for 2020 was $27,057, a 8.48% decline from 2019. Spain gdp per capita for 2019 was $29,565, a 2.71% decline from 2018. Spain gdp per capita for 2018 was $30,389, a 7.88% increase from 2017.
Does Spain have a high GDP per capita?
In 2020, the GDP per capita in Spain was around 27,179.45 U.S. dollars. The Spanish economy is essential for the global market, as it remains one of the largest economies in the world as well as within Europe….
| Characteristic | GDP per capita in U.S. dollars |
|---|---|
| 2020 | 27,179.45 |
| 2019 | 29,576.25 |
| 2018 | 30,423.17 |
| 2017 | 28,196.76 |
How do you find the GDP per capita?
How Do You Calculate GDP Per Capita? The formula to calculate GDP per capita is a country’s gross domestic product (GDP) divided by its population. This calculation reflects a nation’s standard of living.
What is the rule of 70?
The rule of 70 is used to determine the number of years it takes for a variable to double by dividing the number 70 by the variable’s growth rate. The rule of 70 is generally used to determine how long it would take for an investment to double given the annual rate of return.
What is Spain’s GDP per capita 2022?
In the long-term, the Spain GDP per capita is projected to trend around 32900.00 USD in 2022 and 33800.00 USD in 2023, according to our econometric models.
What is a capita GDP?
GDP per capita (constant LCU) Long definition. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser’s prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
Is Spain poor or rich?
GDP per capita adjusted for relative purchasing power gives us an idea, albeit an imperfect one. Luxembourg on the left is the world’s richest country and Burundi on the right is the poorest….Advertisement.
| Rank | Country | GDP-PPP ($) |
|---|---|---|
| 37 | Slovenia | 43,206 |
| 38 | Cyprus | 42,832 |
| 39 | Lithuania | 42,091 |
| 40 | Spain | 42,074 |
What are Spain’s top 4 industries?
The major industries that drive the economy of Spain are the tourism, manufacturing, agriculture, and energy industries.
What was the highest GDP in 2011?
Largest State Economies California has the largest GDP among states, which is to be expected since the state is much larger in terms of population than Texas, the next largest state. California’s GDP in 2011 was $1,959 billion followed by Texas with $1,308 billion and New York with $1,158 billion.
Which is the richest country in the world 2010?
The Persian Gulf emirate of 1.7 million people ranks as the world’s richest country per capita thanks to a rebound in oil prices and its massive natural gas reserves. Adjusted for purchasing power, Qatar booked an estimated gross domestic product per capita of more than $88,000 for 2010.