GDP and per capita GDP of 188 countries in the world in 2020 [in-depth analysis]
Writer： Hengfeng you electric Time：2023-06-12 views：times
GDP and per capita GDP of 188 countries in the world in 2020 [in-depth analysis]
Data source: IMF Author: Martin date: August 8, 2021
In 2020, the total global GDP will be US $84.54 trillion, the total population will be 7.662 billion, and the per capita GDP will be US $11033. The total population of the economy with the highest per capita GDP in China is 1.241 billion, accounting for 16.2% of the world's total population; The Chinese mainland is 1 billion 404 million, accounting for 18.3% of the world's total population. The per capita GDP is lower than that of China's economy, with a total population of 5.016 billion. The median world per capita GDP is US $3920.
In 2020, China's per capita GDP was US $10484, an increase of US $390 over the previous year, and the ranking moved from 70 to 63 (excluding regions and countries, from 65 to 58). The five economies removed are Hong Kong Special Administrative Region, Macao Special Administrative Region, Puerto Rico, Aruba and Taiwan Province), surpassing large and medium-sized countries such as Russia, Malaysia and Mexico, roughly equivalent to Eastern Europe (excluding the former Soviet republics outside Russia and the three Baltic countries), and at the middle and upper reaches of all economies in the world.
In 2020, China's ranking has been greatly improved. Although the per capita GDP of the United States fell by nearly $1700 (from 65111 to 63416), the United States moved two places forward due to the greater decline in Qatar and Iceland. The 10 countries with the lowest per capita GDP in the world are all located in Africa. The top 10 countries are located in Europe, North America, Asia and Oceania.
1. In 2020, only 24% of the world's national GDP will achieve positive growth
China novel coronavirus pneumonia was the most popular one in 2020. The new crown pneumonia epidemic swept the world and affected by the epidemic. In 2020, the nominal growth rate of GDP TOP10 countries was only positive in China compared with that in 2019. Only 3 countries in TOP20 countries (China @2.67%, Holland @0.25%, Switzerland @2.08%), and 46 countries in 188 countries are growing.
2. IMF is divided into five world based on per capita GDP
The first world is a developed country, the second world is a well-off country, the third world is a country with food and clothing, the fourth world is a poor country, the fifth world is an extremely poor country, more than half of the countries in Europe are developed countries, while 72.2% of the countries in Africa are in the fourth World (poor countries) and the fifth World (extremely poor countries). According to the per capita GDP, the division standard of five worlds and the economic status, it is divided into 24 states, as shown in the table below. The number of countries and regions in the table includes the regions of six non sovereign countries.
Attached table: IMF detailed division criteria and distribution based on per capita GDP in 2020:
3. 40% of the world's population is still in poverty and extreme poverty. There are no poor countries in Europe, no developed countries in Africa, and only 20% of Africa's population has lifted out of poverty.
*Asia: the most populous continent is polarized, and the only continent that is not absent from development to extreme poverty
*Europe: there are no poor countries, and more than half of European countries are in developed countries
*Africa: without developed countries, countries with 79% of the population are in poverty and extreme poverty
*North America: the most developed continent, with a small number of poor people
*South America: it is concentrated on the food and clothing line, with 77% of the population in food and clothing countries
*Oceania: the heaviest barbell, with 74% of the population in developed countries and 23% in poor countries
4. The gap between the rich and the poor has further widened. The per capita GDP of the most developed countries is 460 times that of the poorest countries. With GDP per capita, the world's richest country is Luxemburg, a small country in Europe. In 2020, the per capita GDP reached 116921 US dollars, while the lowest per capita GDP was Burundi, Africa, which was only 254 US dollars. China was 10484, ranking 58. It is in the well-off society of second world (well-off country), and there is still a big gap from developed countries.
Attached table: total GDP and per capita GDP of 188 countries in the world in 2020
The above data are from IMF and compiled by Martin, chief economist of Qingdao hengfengyou electric. There are 195 sovereign countries in the world. North Korea, Cuba, Syria and some small European countries (Vatican, Monaco, Liechtenstein and Andorra) have no data. Therefore, this set of data analysis analyzes the GDP and per capita GDP of 188 sovereign countries. Some regions (non sovereign countries, such as Taiwan, Hong Kong, China) only provide data but do not participate in ranking. English publishing website: https://www.hengfengyou.cn
