Michigan gdp per capita

Megacities produce a healthy portion of the world's GDP, but also produce more waste per capita. Thanks to the mass migration to urban areas in recent years, there has been a corresponding boom in the number of so-called megacities—populati...

2.0 tonnes per capita. GDP. Gross domestic product (GDP), US dollars/capita, 2022 Real GDP forecast, Annual growth rate (%), 2024 14 395 US$ per capita. Projected growth rate: 5.1%. Debt. Household debt: % of disposable income. Government debt: % of GDP. Tax. Tax on personal income:For calendar year 2021, the most recent year for which comparative data is available, Michigan's outstanding debt per capita was $833. This was well below the national average of $1,772 and ranked Michigan 20 th best among states. Below is additional information showing how Michigan's debt compared to other states as of calendar year 2021.Bulgaria's per-capita PPP GDP is about 60% of the EU27 average (2021), while the country's nominal GDP per capita is about 35% of the EU27 average (2021). However, Bulgaria ranks 38th (2015) in the Ease of Doing Business rank list , higher than most other Eastern European states, [50] and 40th (2012) in the Economic Freedom of the World index ...... GDP · total revenue outstanding as percent of GDP · state tax capacity ... per capita · infant mortality rate · Medicaid enrollment. IX. Welfare Policy.The table below is an imperfect attempt at assessing Japan's Income per capita level (proxied as World Economics GDP per capita) and Japan's Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report 2022), and using Untited Nations population data. Data for each indicator is indexed on a scale of 0-100 where 100 ...Gross domestic product (GDP), US dollars/capita, 2022 Real GDP forecast, Annual growth rate (%), 2024 127 146 US$ per capita. Projected growth rate: 3.7%. Debt. Household debt, % of net disposable income, 2021 ... Per capita, percentage change, previous period Q1-2023 Ireland Per capita, percentage change, previous period: Gross

Oct 8, 2021 · The Laredo, Tex., SMSA ranked lowest in both per capita ($937) and median family income ($2,952). As shown in table A, there was considerable difference in the proportion of the population residing in counties with per capita incomes in the lowest decile (between $424 and $828), and the proportion residing in counties with per capita income in ... GDP per capita is a country’s economic output divided by its population. It's a good representation of a country's standard of living. It also describes how much citizens benefit from their country's economy. Purchase power parity compares different countries’ economic output using a standardized metric based the a common basket of goods ...Government data offers valuable insights into a state's economy. Michigan's economy ranks 14th in size among states and Washington, DC. Explore this page to …Grand Rapids city, Michigan. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. ... Total retail sales per capita, 2017: $11,482: Transportation. Mean travel time to work (minutes), workers age 16 years+, 2017-2021: 19.2:Asia's wealthiest countries, ranked by GDP Per Capita. GDP per capita divides the GDP by the number of citizens a country has, giving a bit more insight into the welfare of the average person. Below are the ten richest Asian countries in terms of GDP per capita in October 2021, according to the International Monetary Fund (IMF). Top 10 Richest ...What is Michigan's GDP by Sector? Sector. GDP. Growth ... PER CAPITA CONSUMPTION EXPENDITURE. timeline. Growth Rate 2013-18 . Pennsylvania GDP was at its highest in 2019 when it reached $842.956 bn. It is now $3.519 bn (0.42%) lower. Real GDP (2021 Dollars): Historical Real GDP (2021 Dollars) data for Pennsylvania. Over the 5 years ending in 2021 the Pennsylvania economy grew in terms by 15.54% at a compound annual growth rate of 2.93% per year.Domestic Product (GDP) surpassed the pre-pandemic high. Real GDP is projected to grow by a much more modest 1.9% in CY 2022. While the economy is expected to grow by 1.9% in CY 2022 despite aggressive rate hikes by the Federal Reserve to mitigate inflationary pressures, the forecast assumes that the

The significant growth of the Michigan GDP in that year can be attributed to the recovery from the COVID-19 pandemic. Annual percent change in the real gross domestic product of Michigan in...This indexing study is conducted by the Michigan State University — International Business Center to help companies compare prospect markets on several dimensions. ... GNI per Capita Estimates Using PPP (2021) 1; Private Consumption as a percentage of GDP (2021) 1; Market Growth Rate: 12.5/100: Compound Annual Growth Rate (CAGR) of Primary ...Per Capita Real GDP, by State All Industry Total, 2022 New Hampshire 7 5, 3 Massachusetts 98,596 Rho de Islan 65,283 Connecticut 88,755 Alaska 86,722 Source: Institute for Policy & Social Research, The University of Kansas; data from U.S. Bureau of Economic Analysis and U.S. Census Bureau, Vintage 2022 Population Estimates. Per Capita GDP (dollars)Study with Quizlet and memorize flashcards containing terms like During the last two centuries, the average rate of growth of GDP per capita in the leading industrialized countries has averaged about _____ per year. A. 22% B. 2% C. 32% D. 12%, _____ is a term which refers to the widespread use of power-driven machinery and the economic and social changes that resulted in the first half of the ...Jun 1, 2023 · This statistic shows the per capita real gross domestic product of Michigan from 2000 to 2019. ...

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2.0% per year Year Log scale, chained 2009 dollars Fig. 1 GDP per person in the United States. Source: Data for 1929–2014 are from the U.S. Bureau of Economic Analysis, NIPA table 7.1. Data before 1929 are spliced from Maddison, A. 2008. Statistics on world population, GDP and per capita GDP, 1-2006 AD. Downloaded on December 4, 2008 fromThis is a list of U.S. state government budgets as enacted by each state's legislature. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita ...Graph and download economic data for Gross Domestic Product: All Industry Total in Michigan (MINGSP) from 2017 to 2022 about MI, GSP, industry, GDP, and USA.Real gross domestic product ( GDP) grew 1.6% in the fourth quarter of 2021, following a 1.3% rise in the third quarter. Real GDP posted a strong 4.6% growth in 2021, after the COVID -1 9 pandemic-induced decline ( -5 .2%) in 2020. Final domestic demand rose 0.7% in the fourth quarter of 2021, after rising 1.7% in the previous quarter.The GDP of a country is calculated by dividing a country's total domestic output by its population. The formula for GDP is as follows: Gross domestic product/population = GDP per capita. The following is a fictional example of how to calculate the GDP per capita for a country: The United States had $20 trillion in gross …

An enlargeable map of the 942 core based statistical areas (CBSAs) of the United States.The 366 metropolitan statistical areas (MSAs) are shown in medium green.The 576 U.S. micropolitan statistical area (μSAs) are shown in light green.. This is a list of U.S. metropolitan areas by their gross domestic product per capita.Ann Arbor city, Michigan. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. ... Total retail sales per capita, 2017: $16,252: Transportation. Mean travel time to work (minutes), workers age 16 years+, 2017-2021: 19.5:Graph and download economic data for Per Capita Personal Income in Michigan (MIPCPI) from 1929 to 2022 about MI, personal income, per capita, personal, income, and USA.Michigan’s 2018 per capita real GDP equaled 82.6 percent of national per capita real GDP ($56,749) and ranked 37thamong U.S. states. • In 2018, Michigan’s per capita real GDP grew 2.5 percent, tying Illinois and ranking fourth among all U.S. states.Michigan has an estimated per capita income of $27,549 and median household income of $50,803 . Michigan counties by per capita income Note: Data is from the 2010 ...Sep 30, 2022 · Real gross domestic product (GDP) decreased in 40 states and the District of Columbia in the second quarter of 2022, with the percent change in real GDP ranging from 1.8 percent in Texas to –4.8 percent in Wyoming (table 1), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Graph and download economic data for Gross Domestic Product: All Industry Total in Michigan (MINGSP) from 2017 to 2022 about MI, GSP, industry, GDP, and USA.The state with the lowest GDP as of Q1 2023 is Vermont, with a real GDP of $31.61 billion. However, Mississippi is the poorest state on a per capita basis, with a real GDP per capita of $46,25. It ...Gross domestic product (GDP) per capita in the United States 2028; U.S. per capita real GDP 2022; U.S. GDP forecast 2023-2033; The most important statistics. ... U.S. real GDP of Michigan 2000-2022;This statistic shows the per capita personal income in the United States from 1990 to 2022. ... U.S. per capita personal income in Michigan 2000-2022; U.S. per capita personal income in Arizona ...

GDP per Capita in Australia averaged 39200.88 USD from 1960 until 2022, reaching an all time high of 60797.96 USD in 2022 and a record low of 19810.52 USD in 1962. This page provides - Australia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. Calendar News.

Spending Details Spending in Percent GDP Spending per Capita Spending Change Total Spending Pie Chart Federal Spending Pie Chart State Spending Pie Chart Local Spending Pie Chart Welfare Spending Defense ... But the District of Columbia had the highest per-capita GSP. ... Michigan: $118.1: $80.5: $572.2: 7.4%: 10.0 more : Minnesota: $81.9: $57. ...The significant growth of the Michigan GDP in that year can be attributed to the recovery from the COVID-19 pandemic. Annual percent change in the real gross …Data are in current U.S. dollars. South Africa gdp per capita for 2022 was $6,776, a 3.95% decline from 2021. South Africa gdp per capita for 2021 was $7,055, a 22.88% increase from 2020. South Africa gdp per capita for 2020 was $5,742, a 14.16% decline from 2019. South Africa gdp per capita for 2019 was $6,689, a 5.1% decline from 2018.- 2018 state GDP: $348.3 billion - GDP higher than: 174 of 212 countries - GDP equal to: Colombia ($331 billion) plus Mali ($17.2 billion). State leaders in Arizona are promising more education spending made possible by economic growth that includes a $750 million surplus for the 2021 budget year.The sharp increase in poverty is largely due to weaker growth in per capita GDP, and high prices eroding the purchasing power of households. GDP growth is projected to average 5.4% in 2024-25, driven by increased activity in all sectors. Inflation increased to 18.4% (year-on-year) in August 2023, the highest level in decades, driven by food ...Interestingly, a number of countries with smaller population sizes have a high GDP per capita. For example, Iceland makes the top 10 at $57,189, but the island's population is only around 342,000 people. Similarly, Luxembourg's population is just under 633,000—but it's the richest country in the world on a per capita basis.By contrast, more than two-thirds of the Asia/Pacific have a GDP per capita that is below the regional average (USD 19 900). Real GDP growth for the Asia/Pacific region fell markedly at the beginning of the COVID-19 pandemic, in 2020 ( Figure 2.2 ). Growth in GDP bounced back in 2021, and is forecast to remain strong in 2022, even though growth ...Aug 1, 2023 · Michigan: 15.74 % Minnesota: 15.59 % South Carolina: 15.36 % Alabama: ... U.S. per capita state and local government debt outstanding 2020, by state ... Overall government expenditure GDP ... The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...

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GDP Growth; GDP per Capita; Current Account; Gold Reserves; Government Debt; Crude Oil Production; Gasoline Prices; Credit Rating; More IndicatorsThis is a list of U.S. state government budgets as enacted by each state's legislature. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita ...By Divya Patil and Matthew Burgess. October 22, 2023 at 3:05 PM PDT. Updated on. October 23, 2023 at 12:23 AM PDT. Listen. 5:36. US Treasuries and gold …GDP per capita is positively associated with education expenditures per FTE student at the elementary/secondary level. In other words, in countries where GDP was higher, educational expenditures also tended to be higher, and vice versa. In 2019, of the 16 countries with a higher GDP per capita than the average of OECD countries, 8Per capita income in past 12 months (in 2021 dollars), 2017-2021: $37,638: Persons in poverty, percent ...What is Michigan's GDP by Sector? Sector. GDP. Growth ... PER CAPITA CONSUMPTION EXPENDITURE. timeline. Growth Rate 2013-18 . Per Capita Real GDP, by State All Industry Total, 2022 New Hampshire 7 5, 3 Massachusetts 98,596 Rho de Islan 65,283 Connecticut 88,755 Alaska 86,722 Source: Institute for Policy & Social Research, The University of Kansas; data from U.S. Bureau of Economic Analysis and U.S. Census Bureau, Vintage 2022 Population Estimates. Per Capita GDP (dollars)The gross domestic product per capita in Singapore was forecast to continuously increase between 2023 and 2028 by in total 20,319.9 U.S. dollars (+23.12 percent). After the eigth consecutive ...Graph and download economic data for Gross domestic product per capita (A939RC0A052NBEA) from 1929 to 2022 about per capita, GDP, and USA.GDP per capita rose 1.7 percent; real gross national disposable income rose 1.0 percent; average annual GDP to June 2022 rose 1.0 percent; current price expenditure on GDP rose 3.4 percent. New Zealand economy up in June 2022 quarter.A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country.In 1995, the GDP per capita of Beijing, Tianjin, and Shanghai reached more than 1,000 US dollars; by 2000, there were 10 provinces with GDP per capita exceeding 1,000 US dollars, of which Beijing, Tianjin, and Shanghai exceeded 2,000 US dollars. By 2020, the per capita GDP of mainland China exceeded US$10,000, of which Beijing and Shanghai ... ….

Date GDP per capita GDP per capita GDP P.C. Annual Growth GDP P.C. Annual Growth; 2022: €58,745: $61,859: 21.9%: 8.5%: 2021: €48,201: $57,007: 6.6%: 10.4%: 2020 ... GDP per capita (current US$) GDP per capita (current US$) Most recent value (2022) 918.4 (2022) Trend. GDP growth (annual %) GDP growth (annual %) ... Institute for Development Studies (IDS), Michigan State University (MSU), University of Cape Town (UCT, South Africa) Submitted on: 26 Apr, 2021. Enquête sur les Indicateurs du Paludisme 2017 ...The state with the lowest GDP as of Q1 2023 is Vermont, with a real GDP of $31.61 billion. However, Mississippi is the poorest state on a per capita basis, with a real GDP per capita of $46,25. It ...Per capita income in past 12 months (in 2021 dollars), 2017-2021: $34,768: Persons in poverty, percentMay 6, 2021 · In spite of this, at the end of 2019, real per capita income for the city of Detroit ($21,044) was still substantially below real per capita income for the state of Michigan ($32,892), according to ACS data. That said, this gap had closed some in 2019 compared with the previous year. Per capita GDP of 17 provinces exceeded US$10,000. In terms of GDP per capita by province, Beijing's per capita GDP remained the highest in China, rising from RMB 164,200 (approx.US$25,457) in 2020 to RMB 183,900 (approx.US$28,512) in 2021. Shanghai's per capita GDP ranked second among all regions with RMB 173,800 (approx. US$26,946) in 2021.Real Per-Capita GDP (2021 Dollars): New York, National Historical Real Per-Capita GDP (2021 Dollars) and Population data for New York. Date US Per-Capita GDP New York Per-Capita GDP New York Population; 2021: $69,221: ... Michigan • Minnesota • ...Canada GDP Per Capita data is updated yearly, available from Jun 1971 to Jun 2022, with an average number of 21,530.588 USD. The data reached an all-time high of 54,104.301 USD in Jun 2022 and a record low of 4,312.333 in Jun 1971. CEIC calculates GDP per Capita from quarterly Nominal GDP and annual Population and converts it into USD.GDP per capita of West Bengal; Year Per capita at current prices (INR) Per capita at 2011-12 prices (INR) GSDP NSDP GSDP NSDP; 2011-12: 56,693: 51,543: 56,693 Michigan gdp per capita, The measurement of GNI is usually done along with the per capita data for a country. For instance, the GNI per capita for the USA in 2021 was $64210. The gross national income per capita saw an overwhelming increase of 11.78% from 1978 to 2020. This data was compiled and presented in the section of national accounts data of the world bank and ..., Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the fourth . quarter of 2020, as real GDP for the nation increased at an annual rate of 4.3 percent, according to . statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the , In 2022, the real gross domestic product (GDP) of Michigan was 490.32 billion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at 481.78 billion U.S...., Canada GDP Per Capita data is updated yearly, available from Jun 1971 to Jun 2022, with an average number of 21,530.588 USD. The data reached an all-time high of 54,104.301 USD in Jun 2022 and a record low of 4,312.333 in Jun 1971. CEIC calculates GDP per Capita from quarterly Nominal GDP and annual Population and converts it into …, This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. This page provides values for GDP per capita reported in several countries. The table has current values for GDP per capita, previous releases, historical highs and record lows, release frequency, reported unit and currency …, Gross domestic product (GDP) per capita in Sweden 2012-2022. The gross domestic product per capita in Sweden increased over the past 10 years. It fell in 2020 after the outbreak of COVID-19, but ..., Real Texas per-capita GDP is 6.18% higher today than 5 years prior in 2016. In that time the population in Texas grew by 1,613,877 (5.78%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Texas shown above., Units: 2010 U.S. Dollars, Not Seasonally Adjusted Frequency: Annual Notes: GDP per capita is gross domestic product divided by midyear population. GDP 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., GDP per capita, PPP (current international $) $46,697 (2022) Population, total 1,344,768 (2022) Ease of Doing Business Rank 80.6 (18 out of 189) (2020) Sources: CIA World Factbook open_in_new World Electric Guide open_in_new, Per Capita Real Gross Domestic Product • In 2018, Michigan’s per capita real GDP equaled $46,858. Michigan’s 2018 per capita real GDP equaled 82.6 percent of national per capita real GDP ($56,749) and ranked 37th among U.S. states. • In 2018, Michigan’s per capita real GDP grew 2.5 percent, tying Illinois and ranking fourth among all, The economy of the United Arab Emirates (UAE) is the 4th largest in the Middle East (after Saudi Arabia, Turkey, and Israel), with a gross domestic product (GDP) of US$498 billion (AED 1.83 trillion) in 2023.. The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi.In 2009, more than 85% of the UAE's economy was based on the oil exports., Domestic Product (GDP) surpassed the pre-pandemic high. Real GDP is projected to grow by a much more modest 1.9% in CY 2022. While the economy is expected to grow by 1.9% in CY 2022 despite aggressive rate hikes by the Federal Reserve to mitigate inflationary pressures, the forecast assumes that the, GDP Growth; GDP per Capita; Current Account; Gold Reserves; Government Debt; Crude Oil Production; Gasoline Prices; Credit Rating; More Indicators, 2018年9月16日 ... Michigan's gross domestic product per capita is up 21 percent from its annual low in 2009, and up 2 percent from its peak in 2005., Countries by GDP (PPP) per capita in 2023. Lists of countries by GDP per capita list the countries in the world by their gross domestic product (GDP) per capita. The lists may be based on nominal or purchasing power parity GDP. Gross national income (GNI) per capita accounts for inflows and outflows of foreign capital., Real Michigan per-capita GDP is 2.57% higher today than 5 years prior in 2016. In that time the population in Michigan grew by 96,694 (0.97%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Michigan shown above. Real Per-Capita GDP (2021 Dollars): Michigan, National Historical Real Per ..., Per capita GDP in 2005 was US$258, lowest among the 15 countries of the former Soviet Union. In 2005 services contributed 48%, agriculture 23.4%, and industry 28.6% to GDP. The recent global recession has reduced Tajikistan's GDP growth rate to 2.8% in the first half of 2009. Remittances from expatriate Tajikistanis is estimated to account for ..., In 2022, Luxembourg and Ireland recorded the highest level of GDP per capita in the EU, at 161 % and 133 % above the EU average. Bulgaria was the EU Member State with the lowest GDP per capita, at 41 % below the EU average. Levels of actual individual consumption were somewhat more homogeneous, but still showed significant …, GDP per capita (current US$) GDP per capita (current US$) Most recent value (2022) 918.4 (2022) Trend. GDP growth (annual %) GDP growth (annual %) ... Institute for Development Studies (IDS), Michigan State University (MSU), University of Cape Town (UCT, South Africa) Submitted on: 26 Apr, 2021. Enquête sur les Indicateurs du Paludisme 2017 ..., The states with the highest rates of energy-related CO2 emissions per capita in 2016 also tended to have higher energy-intensity values: Wyoming (24,000 Btu per chained 2009 dollar of GDP), Louisiana and West Virginia (both 19,000 Btu per dollar), North Dakota (16,000 Btu per dollar), and Montana and Alabama (both about 14,000 Btu …, 30. Senegal — GDP per capita: $2,578 (£2,102) A cityscape of Dakar is seen from the top of African Renaissance hill, Senegal December 19, 2016. REUTERS/Afolabi Sotunde. 29. Yemen — GDP per capita: $2,521 (£2,056) Smoke rises from the site of a Saudi-led air strike in Sanaa, Yemen August 30, 2016. Khaled Abdullah/Reuters., Mar 9, 2023 · New York leads in GDP per capita at $95,851, with Massachusetts and Washington coming in second and third, at $91,819 and $87,546 respectively. California is not far behind with the fourth-highest GDP per capita, producing $85,969 of economic output per resident. Coastal access is vital for international trade, with more than 90% of world trade ... , GDP per capita measures the value of goods and services if it were divided equally among every person in a country. GDP growth measures the difference in GDP from one year, or one three-month ..., Ann Arbor city, Michigan. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. ... Total retail sales per capita, 2017: $16,252: Transportation. Mean travel time to work (minutes), workers age 16 years+, 2017-2021: 19.5:, Graph and download economic data for Per Capita Personal Income in Michigan (MIPCPI) from 1929 to 2022 about MI, personal income, per capita, personal, income, and USA., Oct 13, 2023. The gross domestic product per capita in Switzerland was forecast to continuously increase between 2023 and 2028 by in total 27,450.5 U.S. dollars (+26.69 percent). After the sixth ..., The global average consumption was 6.1826344 liters per person in the latest year available. To make this average more understandable we can express it in bottles of wine. Wine contains around 12% of pure alcohol per volume 2 so that one liter of wine contains 0.12 liters of pure alcohol., Hidden Hunger Index vs. GDP per capita. Higher labor productivity and price levels in richer and poorer countries. Historical national accounts estimates of the distribution of people living at different income thresholds globally. Historical national accounts estimates of the share of people living below $5 a day., Formula. The calculation is straightforward. There are two components – mainly GDP and the country’s total population. So, the formula for GDP Per Capita is Total GDP / Total Population.. If we are looking at a particular point in one country, we can use Nominal GDP, which means the nominal GDP is measured in the current dollar.; Another option is, …, Government data offers valuable insights into a state's economy. Michigan's economy ranks 14th in size among states and Washington, DC. Explore this page to …, Real Michigan per-capita GDP is 2.57% higher today than 5 years prior in 2016. In that time the population in Michigan grew by 96,694 (0.97%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Michigan shown above. Real Per-Capita GDP (2021 Dollars): Michigan, National Historical Real Per ... , Gross domestic product ( GDP) is a monetary measure of the market value [2] of all the final goods and services produced in a specific time period by a country [3] or countries. [4] [5] [6] GDP is most often used by the government of a single country to measure its economic health. [3] Due to its complex and subjective nature, this measure is ..., After a sharp contraction of 3.4 per cent in 2020, the world's real GDP expanded by 5.7 per cent in 2021, the fastest annual growth since 1973. In 2022, GDP growth is nowcast to slow down to 3.3 per cent. Large differences in GDP per capita persist throughout the world. In 2021, most developed economies produced an output per person greater ...