Unit 6: Economic development and its environmental risk - Identifying inequalities between countries

                                     

GDP per capita

Follow the link below to understand the difference between GDP and GNP:

http://www.investopedia.com/ask/answers/030415/what-functional-difference-between-gdp-and-gnp.asp

GDP per capita, PPP (constant 2011 international $)

GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

 

Source: http://data.worldbank.org/

Literacy rate

Life expectancy

HDI

Human Development Index

Rank               Index

United States                         8          0.915

Nicaragua                              125      0.631

Source:  hdr.undp.org/en/composite/HDI and http://hdr.undp.org/en/countries/profiles/NIC