What is the GNP per person in Argentina?

Argentina gni per capita for 2019 was $11,260, a 9.41% decline from 2018. Argentina gni per capita for 2018 was $12,430, a 5.4% decline from 2017.

Argentina GNI Per Capita 1964-2023.

Argentina GNI Per Capita – Historical Data
Year GNI Per Capita (US $) Annual % Growth
2020 $9,080 -19.36%
2019 $11,260 -9.41%
2018 $12,430 -5.40%

What is the GNP per person?

Per capita GNP (US$)

Definition: Comprises the gross domestic product (GDP), plus net factor income from abroad, which is the income residents receive from abroad for factor services (labour and capital) less similar payments made to non-residents who contributed to the domestic economy.

What is the GDP per capita of Argentina 2022?

Related information about Argentina GDP Per Capita data

Argentina Nominal GDP reached 161.469 USD bn in Sep 2022. Its GDP deflator (implicit price deflator) increased 78.790 % in Sep 2022.

What is the average per capita income in Argentina?

Data are in current U.S. dollars. Argentina gdp per capita for 2021 was $10,729, a 24.97% increase from 2020.

Argentina GDP Per Capita 1962-2023.

Argentina GDP Per Capita – Historical Data
Year GDP Per Capita (US $) Annual Growth Rate (%)
2019 $10,076 -14.57%
2018 $11,795 -19.28%
2017 $14,613 14.25%

Does Argentina have a high GDP per capita?

This indicator describes the gross domestic product per capita at current prices.

Characteristic GDP per capita in U.S. dollars
2025* 13,116.37
2024* 13,607.49
2023* 13,767.1
2022* 13,621.86

Which country has highest GNP?

With a GDP of 23.32 trillion dollars, the USA is by far the world’s largest economy in this ranking for 2021.

Which country has the highest GNP per capita?

Top 12 Countries with the Highest GNI per Capita in the World (2020-21 PPP method INT$):*

  • Singapore — 102,450.
  • Qatar — 92,080.
  • Bermuda — 87,340.
  • Luxembourg — 83,230.
  • Norway — 82,840.
  • Ireland — 79,450.
  • Switzerland — 75,860.
  • Macau (China SAR) — 72,260.

Is Argentina a rich country?

Measuring how rich a country is not that easy (spoiler: it is not just about GDP).


Rank Country GDP-PPP ($)
66 Uruguay 26,663
67 Argentina 25,882
68 Mauritius 25,043
69 Montenegro 24,878

Is Argentina a high or low income country?

The World Bank classifies Argentina as a high-income nation. The country’s economy is driven by manufacturing, agricultural exports, natural resources and the services industry, which includes a thriving tourism industry.

Where does Argentina economy rank in the world?

Indicators of economy in Argentina

Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Argentina, on the other hand, reached USD 10,636 per capita, or 487.23 billion USD for the whole country. Argentina is therefore currently ranked 27 of the major economies.

Was Argentina once the richest country in the world?

Argentina began the 20th century as one of the wealthiest places on the planet. In 1913, it was richer than France or Germany, almost twice as prosperous as Spain, and its per capita GDP was almost as high as that of Canada.

Is Argentina good economically?

The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base.

Is Argentina cheap to live?

According to numbeo.com, the cost of living in Argentina is 50% to 60% less than in the U.S. All told, a couple can expect to live comfortably on $1,500 to $1,800 per month. Single individuals can expect to get by on about $1,000 per month. In particular, housing in Argentina is quite affordable by U.S. standards.

How is GNP calculated?

GNP is commonly calculated by taking the sum of personal consumption expenditures, private domestic investment, government expenditure, net exports, and any income earned by residents from overseas investments, then subtracting income earned by foreign residents.

What does GNP per head mean?

GNP per capita

We use the per-capita figure to determine how much economic production is created annually on a per person average. Per capita can be figured for all economy-wide measurements in macroeconomics: GDP, GNP, real GDP (GDP adjusted for inflation), national income (NI), and disposable income (DI).

How do you calculate the GDP of a person?

The formula for calculating GDP with the expenditure approach is the following: GDP = private consumption + gross private investment + government investment + government spending + (exports – imports).

What is the GNP 2022?

United States Gross National Product (GNP) was reported at 6,471.358 USD bn in Sep 2022. This records an increase from the previous number of 6,364.102 USD bn for Jun 2022.

Where does Russia rank in GNP?

Gross national product (GNP) is one of the most commonly used measures of a country’s economy.

GNP/GNI by Country 2023.

Country GNI (current US $, UN 2020) GNI per capita, PPP (current int’l $, World Bank 2020)
South Korea 1.7T $45,620
Canada 1.6T $46,090
Russia 1.4T $29,110
Brazil 1.4T $14,550

Is GNP better than GDP?

The main difference is that GDP measures productivity within a country’s geographical boundaries and GNP records economic activity by that country’s citizens and businesses, regardless of location. Although GDP tends to be the more popular of the two, their values tend to be about equal.