What was the gross domestic product in 2012?

Current-dollar GDP increased 4.0 percent, or $600.3 billion, in 2012, compared with an increase of 4.0 percent, or $576.8 billion, in 2011. During 2012 (that is, measured from the fourth quarter of 2011 to the fourth quarter of 2012) real GDP increased 1.5 percent.

Which country in 2012 had the highest GDP per capita?

Luxembourg: Best per capita income

• Measure: GDP per capita.
• 2012 reading: $106,958.

What is the GDP per capita of Indonesia 2022?

around 4700.00 USD
GDP per capita in Indonesia is expected to reach 4450.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia GDP per capita is projected to trend around 4700.00 USD in 2022, according to our econometric models.

What is the average per capita income in Indonesia?

Indonesia gdp per capita for 2020 was $3,870, a 6.42% decline from 2019. Indonesia gdp per capita for 2019 was $4,135, a 6.2% increase from 2018. Indonesia gdp per capita for 2018 was $3,894, a 1.47% increase from 2017. Indonesia gdp per capita for 2017 was $3,838, a 7.71% increase from 2016.

What was the nominal GDP in 2012 quizlet?

nominal GDP to real GDP. In 2012 the nominal GDP was $18 billion and the GDP deflator was 120, what was real GDP?

Is GDP a per capita?

Gross Domestic Product (GDP) per capita shows a country’s GDP divided by its total population. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita.

Which country has the lowest GDP per capita 2012?

GDP per capita was lowest in the Czech Republic and the Republic of Korea. For more details, see page 3. This report updates international comparisons of GDP per capita and related measures produced annually by the Bureau of Labor Statistics (BLS).

What is Indonesia’s GDP 2021?

GDP in Indonesia is expected to reach 1150.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia GDP is projected to trend around 1270.00 USD Billion in 2022, according to our econometric models.

Why is Indonesia’s GDP so high?

Foreign investment flowed into Indonesia, particularly into the rapidly developing export-oriented manufacturing sector, and from 1989 to 1997, the Indonesian economy grew by an average of over 7%. GDP per capita grew 545% from 1970 to 1980 as a result of the sudden increase in oil export revenues from 1973 to 1979.

What is the HDI of Indonesia?

0.718
Indonesia’s HDI value for 2019 is 0.718— which put the country in the high human development category—positioning it at 107 out of 189 countries and territories.

What is the difference between GDP and GDP per capita?

1. GDP is a measure of a nationÃs economic health while GDP per capita takes into account the reflection of such economic health into an individual citizenÃs perspective. 2. GDP measures the nationÃs wealth while GDP per capita roughly determines the standard of living in a particular country.

How do you find the GDP per capita?

How Do You Calculate GDP Per Capita? The formula to calculate GDP per capita is a country’s gross domestic product (GDP) divided by its population. This calculation reflects a nation’s standard of living.

Why is GDP per capita better than GDP?

The GDP per capita provides a much better determination of living standards as compared to GDP alone. National income is naturally proportional to its population so it is only fitting that with the increase of the number of people, there is also an increase in GDP.