Development of the average net income in the EU

Development of the average net income in the EU

Definition of Income: „The total disposable income of a household is calculated by adding together the personal income received by all of household members plus income received at household level. Missing income information is imputed.“ – Eurostat Disposable household income includes: – all income from work (employee wages and self-employment earnings) – private income from investment and property – transfers between households – all social transfers received in cash including old-age pensions Equivalence scale: „To take into account the impact of differences in household size and composition, the total disposable household…

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…

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…

Patent applications per country [2013]

Patent applications per country [2013]

Patent applications (residents) per country in 2013 Patent definition: „Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention–a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.“ – World Bank Top 5 countries with the highest number of patent applications:   Top countries…