The International Monetary Fund (IMF) has said that Nigeria's per capita income has declined to N1.25 million annually at ...
Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...
According to the IMF, Seychelles has the highest GDP per capita in Africa at $22,000, making it the continent’s leader in ...
Many African countries have transitioned from low-income to middle-income status based on Gross National Income (GNI) per ...
Increasing the per capita income is an important aspect in the road to becoming a developed nation, said Industrialist Naveen Jindal today, hoping that the upcoming Budget will lead the country ...
The inclusion threshold is set at the three-year average of the level of GNI per capita, which the World Bank defines for identifying low-income countries. The threshold for the 2024 review is $1,088.
A reduction in Nigeria’s per capita income means that, on average, Nigerians are earning less or that economic growth has not ...
South Korea’s gross domestic product per capita is estimated to have surpassed the $36,000 mark in 2024, outpacing its ...
The average income per person in Nigeria has yet again reduced to $835.49 in 2025, further shrinking the living standards of the people, according to new data ...
Vietnam’s economy grew by 7.09% in 2024, surpassing projections and setting the stage for the country to achieve upper-middle-income status by 2025.
Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.