Top richest us states

“ GDP, PPP (Current International $) - United States.” This can also act as a very rough measure of income or standard of living for individuals living in a country.

GDP per capita measures how much a country’s economy produces per person, rather than in total. Dollars: This is nominal GDP divided by the number of people in a country.

GDP Growth: This is the annual percentage growth rate of nominal GDP in local prices and currencies, which estimates how fast a country’s economy is growing.

This is a way to adjust for the difference in the cost of living among countries.

Purchasing Power Parity (PPP) Adjusted GDP in Current International Dollars: This is an alternative way of comparing nominal GDP among countries, adjusting currencies based on what basket of goods they could buy in those countries rather than currency exchange rates.

dollars by using currency market exchange rates. This is the number that was used to determine the countries’ rankings in the top 25 list. Dollars: This is the most basic and common way of measuring and comparing GDP among countries, using local prices and currencies converted into U.S.