GDP per capita, PPP in Europe, North Africa and Near East 2014

GDP per capita, PPP in Europe, North Africa and Near East 2014

Definition of GDP per capita: „GDP per capita is gross domestic product divided by midyear population. GDP 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.“ – World Bank  Definition of GDP per capita based on purchasing power parity (PPP): „PPP GDP is gross domestic product converted to international dollars using…

Life Expectancy at birth – 2014

Life Expectancy at birth – 2014

Definition of life expectancy at birth: „Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.“ – The World Bank Statistical concept and methodology: „Life expectancy at birth used here is the average number of years a newborn is expected to live if mortality patterns at the time of its birth remain constant in the future. It reflects the overall mortality level of a population, and summarizes the…

Adjusted net national income per capita 2014

Adjusted net national income per capita 2014

Definition of adjusted net national income: „Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.“ – World Bank  Statistical concept and methodology: „Adjusted net national income complements gross national income (GNI) in assessing economic progress (Hamilton and Ley 2010) by providing a broader measure of national income that accounts for the depletion of natural resources. Adjusted net national income is calculated by subtracting from GNI a charge for the consumption of fixed capital (a calculation thatyields net national income) and for the depletion of natural resources. The deduction for the depletion…