Thursday, January 26, 2012
GDP Per Capita Remains in the Top 5% in the World...
Of 227 countries and territories ranked by the CIA World Factbook, U.S. GDP per capita remains in the top 5%, behind natural resource heavy waits like Qatar and the U.A.E.
U.S. GDP per capita currently stands at $47,200.
In this chart from the St. Louis Fed, the rate has increased steadily since the 1960s, even after recessions have taken some bite from it. Already in 2010 and 2011, GDP per capita has re-accelerated as the overall economy begins growing.
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