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…

At-risk-of-poverty rate in the EU 2014

At-risk-of-poverty rate in the EU 2014

Definition: At-risk-of-poverty „The at-risk-of-poverty rate is the share of people with an equivalised disposable income (after social transfer) below the at-risk-of-poverty threshold, which is set at 60 % of the national median equivalised disposable income after social transfers. This indicator does not measure wealth or poverty, but low income in comparison to other residents in that country, which does not necessarily imply a low standard of living.“ – eurostat – Statistics Explained „The at-risk-of-poverty rate before social transfers is calculated as the share of people having an equivalised disposable income before social transfers that is below the at-risk-of-poverty threshold calculated…