MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It...

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MEASUREMENT OF WEALTH

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Transcript of MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It...

Page 1: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

MEASUREMENT OF WEALTH

Page 2: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

1. The GDP can also be known as the Gross Domestic Income per Capita.

2. It can be measured in many different ways.

3. The best way to explain it: Sum total of incomes of individuals living in a country during one year.

GDP: GROSS DOMESTIC PRODUCT

Page 3: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

Top 5 Countries (in millions of US$)

1. US 17,419,0002. China 10,360,105

3. Japan 4,601,4614. Germany 3,852, 556

5. UK 2, 941, 886

Lowest 5 Countries

190. Micronesia 316

191. Palau 251192. Marshall Islands

193. Kiribati 167194. Tuvalu 38

GDP: GROSS DOMESTIC PRODUCT

Page 4: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

GDP MAP

Page 5: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

GDP: WORLD MAPPER VERSION

Page 6: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

1. Measures inequalities in the distribution of income.

2. The value is between 0 (perfect equality) and 1 (absolute inequality)

Perfect equality: everyone has the same income

Absolute inequality: one person has all the income.

3. A country can never have a 1 or a 0 because those situations cannot exist in real life.

GINI INDEX/GINI COEFFICIENT

Page 7: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

1. Lesotho 63.22. South Africa 63.1

3. Botswana 634. Sierre Leone 62.9

5. Central African Republic 61.3

136. Denmark 24.8135. Hungary 24.7134. Montenegro 24.3

140. Slovenia 23.7141. Sweden 23.0

COUNTRY RANKING ACCORDING TO THE GINI INDEX (OUT OF

100)

108. Canada 32.141. USA 45.026. China 47.3

Page 8: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

GINI COEFFICIENT

Page 9: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

1. The HDI is a relatively new way to measure development. (1991)

It combines different factors.2. There are 3 dimensions:A) Health: Life expectancy at birth

B) Education: Years of schooling and expected years of schooling

C) Living standards: Gross national income (GNI) per capita.

HDI: HUMAN DEVELOPMENT INDEX

Page 10: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

3. The calculation of HDI is now up to 187 countries.

Some countries that are not included:

Peoples Democratic Republic of Korea

SomaliaSouth SudanMonaco4. It is published by the United Nations Development Programme

HDI: HUMAN DEVELOPMENT INDEX

Page 11: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

Very High HDI1. Norway2. Australia3. Switzerland4.Netherlands5. United States8. CanadaHigh HDI50. Uruguau51. Bahamas52. Montengro91. China

Medium HDI103. Maldives103. Mongolia103.Turkmenistan

Lowest HDI183. Sierra Leone184. Chad185. Central African

Republic186. Democratic

Republic of Congo187. Niger

2014 HDI REPORT

Page 12: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

Lowest HDI183. Sierra Leone184. Chad185. Central African Republic186. Democratic Republic of Congo187. Niger

Syria -5 positionsLibya -4

2014 HDI REPORT

Page 13: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

HDI 2011

Page 14: MEASUREMENT OF WEALTH. 1. The GDP can also be known as the Gross Domestic Income per Capita. 2. It can be measured in many different ways. 3. The.

HDI: WORLD MAPPER VERSION


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Economy of Nigeria : Gross Domestic Product GDP- $387 billion GDP per Capita- $2,600 GDP growth rate- 8.2%

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Real GDP per capita since 1870 - arXiv

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C-ROADS Reference Guide - Climate Interactive€¦  · Web viewFigure 3.2 Structure of GDP per Capita and GDP. Figure 3.3 Structure of GDP per Capita Measures . Table 31 Population

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Financial Market Report Croatia · 4 5 Croatia has a GDP per capita equivalent to EUR 10,771, which is approximately 34% of GDP per capita in the Eurozone, or EUR 17,100 GDP per capita

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