Often, to assess the economic state of the country, such an economic indicator as GDP per capita is used. Everyone knows about the existence of GDP. This is a term people often hear in economic news. But, unfortunately, not everyone knows what it is.
GDP is gross domestic product. In simple terms, then GDP is a measure of the value of goods and services produced by a country. These are all products and services produced in the state, which are expressed in monetary terms. Often this indicator is expressed in US dollars due to the fact that the US dollar is one of the most stable currencies in the world.
Today, there are two types of GDP:
The difference between nominal and real GDP is that real GDP can only be affected by changes in the volume of goods produced. While the change in the indicator of nominal GDP is directly affected by the price of products and services sold.
The ratio of the nominal to the real indicator in the economy is called the GDP deflator.
In other words, the deflator is a measure of the difference in the overall level of values in an economic sector.
The total GDP is divided by the number of citizens living in the state.
The most developed countries in the world in 2018-2019, according to the ranking of countries, were such states as:
America has entered the ranking of countries with the highest level of GDP thanks to corporations such as Microsoft and Google. Every year in America, there is an increase in the country's GDP in the amount of 2.2%. The rate per person is $55,000.
According to statistics, the share of the GDP of this republic increases by 1.5%. The increase in indicators is due to the well-established export of cars, household appliances, computers and other electronic goods. This country has a GDP per capita of $39,000.
Below are the top 20 largest countries in the world that have taken a leading position in terms of GDP after the top five most developed countries on the planet.
The name of the country | GDP (expressed in billions of US dollars) |
France | 2464.8 |
India | 2288.7 |
Italy | 1848.7 |
Brazil | 1534.8 |
Canada | 1462.3 |
South Korea | 1321.2 |
Spain | 1242.4 |
Australia | 1200.8 |
Russia | 1132.7 |
Mexico | 1082.4 |
Indonesia | 937.0 |
Netherlands | 762.5 |
Türkiye | 751.2 |
Switzerland | 651.8 |
Saudi Arabia | 618.3 |
Nigeria | 538.0 |
Sweden | 512.6 |
Taiwan | 508.8 |
Poland | 473.5 |
Belgium | 465.2 |
The European Union is a very powerful and unique economic structure. In 2019 .
GDP of the countries of the world for 2018
Top 10 most economically developed countries of the European Union (2018 statistics):
Table: GDP level of European countries that are members of the EU
Republic name | GDP per person (expressed in euros) |
Denmark | 31 500 |
Cyprus | 30 700 |
Belgium | 28 100 |
Slovakia | 26 100 |
Slovenia | 25 300 |
France | 25 800 |
Portugal | 24 900 |
Hungary | 24 500 |
Poland | 24 400 |
Greece | 23 600 |
Estonia | 22 900 |
Czech | 19 800 |
Romania | 19 700 |
Lithuania | 18 000 |
Latvia | 16 700 |
Bulgaria | 15 800 |
Malta | 14 600 |
Croatia | 12 600 |
Economists of Forex technical analysis conducted research on the forecast for the growth and decline of GDP for 2019. According to the conclusions, the list of countries with weak economies in 2019 will consist of such states as:
Table: list of countries with GDP growth expected in 2019
Republic name | Expected growth (expressed in %) | Probability of an economic crisis (expressed in %) |
India | 7.4 | 0 |
Vietnam | 6.6 | 0 |
China | 6.5 | 12 |
Sri Lanka | 6.4 | 0 |
Philippines | 6.0 | 5 |
Dominican Republic | 5.4 | 0 |
Indonesia | 5.2 | 10 |
Malaysia | 4.5 | 10 |
Bolivia | 3.9 | 20 |
Peru | 3.8 | 10 |
Romania | 3.8 | 10 |
Poland | 3.5 | 5 |
Albania | 3.5 | 0 |
Slovakia | 3.3 | 8 |
Thailand | 3.2 | 5 |
Iceland | 3.1 | 0 |
Türkiye | 3.0 | 20 |
Bosnia | 3.0 | 0 |
South Korea | 2.9 | 18 |
Colombia | 2.8 | 8 |
Mexico | 2.8 | 10 |
Sweden | 2.8 | 10 |
Spain | 2.7 | 5 |
Czech | 2.7 | 10 |
Australia | 2.6 | 15 |
Bulgaria | 2.5 | 10 |
USA | 2.5 | 15 |
Armenia | 2.5 | 0 |
Hungary | 2.4 | 0 |
New Zealand | 2.3 | 13 |
Great Britain | 2.3 | 13 |
Uruguay | 2.0 | 25 |
Kazakhstan | 2.0 | 33 |
Taiwan | 2.0 | 55 |
Germany | 1.8 | 8 |
Canada | 1.8 | 25 |
Serbia | 1.6 | 18 |
France | 1.4 | 10 |
Norway | 1.4 | 15 |
Ukraine | 1.4 | 60 |
Republic of South Africa | 1.4 | 25 |
Italy | 1.3 | 13 |
Denmark | 1.9 | 0 |
Kuwait | 1.9 | 0 |
Chile | 2.3 | 5 |
Azerbaijan | 2.4 | 0 |
The EU countries are expected to increase the level of GDP by 1.7%. At the same time, the probability of a recession is 15%.
The name of the country | GDP growth in 2018 (expressed in %) | Forecast GDP growth in 2018 (expressed in %) |
China | 7.00 | 6.90 |
Rwanda | 7.00 | 7.50 |
Tanzania | 7.10 | 7.10 |
Mozambique | 7.30 | 7.30 |
Butane | 8.40 | 7.00 |
India | 7.80 | 8.00 |
New Guinea | 5.00 | 2.40 |
Ivory Coast | 7.70 | 7.50 |
Uzbekistan | 7.80 | 8.00 |
Burma | 8.20 | 8.00 |
DR Congo | 8.50 | 9.00 |
Turkmenistan | 9.00 | 9.00 |
Ethiopia | 10.50 | 8.50 |
Surely everyone is interested in the question: what is the level of income of the population in different countries. In this article, I will introduce you to infographics: no need to spend hours looking at statistics. At first glance, it is clear: in Australia, the income of the population is more than $ 3,500, and in India it barely reaches $ 700. Ready to satisfy your curiosity? We look at the average salary level in the countries of the world in 2015.
The distribution of wages in European countries occurs exactly according to the color spectrum: the more western the country, the higher the value of the average wage. True, Spain and Portugal "fall out" of this rule: instead of the standard for Western Europe $2500-3000, their monthly income level (after taxes) is $1500-2000. But the price level cannot be compared with neighboring France and Italy. Therefore, tourists choose hot Spain and Portugal for a long vacation.
In Eastern Europe, the Czech Republic ($1,020), Slovenia ($1,275) and Poland ($905) boast the highest wages. Therefore, if you are thinking about a career abroad, these countries can be considered as a good springboard. It is important to remember here that the “average salary” is an analogue of the average temperature in a hospital, and for qualified personnel, the value will differ by 2-3 times.
With North America it is even more interesting: we have the opportunity to compare the level of income in the States. For example, it will come as a surprise to many that California, with Silicon Valley and the Hollywood Hills, is inferior in terms of average wages to the states of Washington, Wyoming, Nebraska, Virginia, New York and (attention) Alaska. At the same time, California is breaking records in real estate values.
The map of Africa resembles a red-orange desert: the level of income of the local population here rarely exceeds $500. There are also countries marked in gray - this means that there is not enough information on them to be included in the report.
Against this background, there are only two positive green islands: Angola (average salary at $2,650) and Gabon (about $1,700). The fact is that in addition to agriculture, the extraction of oil, gold, diamonds and ores is also developed here.
The map of Asia also does not please with an abundance of countries with a high level of income. The list with an average salary of $ 1500 includes only: Japan, South Korea, the United Arab Emirates, Israel, Oman.
But I would like to tell you about the state of Qatar, which you most likely did not immediately notice on the map. The small peninsula is home to 2 million people. But Qatar ranks first in the ranking of countries in terms of GDP per capita, and 14% of households are dollar millionaires. The main income of Qatar is oil production. In the structure of GDP, it is 60%.
Infographic source - movehub.com
One of the steps on the path to wealth is to develop the right attitude towards money. Money is not an end, but only a means. And using this tool, you can become more successful and prosperous.
In today's article - ten countries that are the richest. The rating was compiled by Forbes magazine.
Annual per capita income: $42,918. The main "trump card" of the Netherlands in a very good geographical location. Almost all trade routes to Europe lead through the Netherlands. Also this country has an excellent infrastructure and a multilingual workforce.
Interesting fact about the Netherlands: The number of bicycles in this country exceeds the number of its inhabitants.
Annual per capita income: $43,000. Speaking of Switzerland, the famous Swiss banks immediately come to mind. Indeed, the banking sector is highly developed here. Switzerland is a peaceful country that has not been involved in any war for several centuries. Swiss products are highly valued all over the world, namely cheese, chocolate and watches.
Interesting facts about Switzerland: for Swiss schoolchildren, Wednesday is an official holiday, on a par with the traditional weekend.
Annual per capita income: $44,996. Hong Kong is an autonomous region of the People's Republic of China, and in fact it is independent in many issues. Hong Kong is a tasty morsel for investors, because it has favorable trading conditions and low taxes for entrepreneurship.
Interesting facts about Hong Kong: Hong Kong's evening laser show is listed in the Guinness Book of Records as the largest and most impressive.
Annual per capita income: $46,874 This country at different stages of its development has attracted many adventurers and adventurers. To some extent, this also influenced its formation and prosperity. The US economy is the largest in the world, and has been at the top of the rankings of all world economies for about 100 years.
Interesting facts about the USA: it is considered bad form in the United States to start talking about politics with strangers.
Annual per capita income: $47,694 The main value of the Emirates is, of course, oil. Before the discovery of oil, the UAE was something like a bunch of villages, and now it is a rich tourist center.
Interesting fact about the UAE: hitchhiking in the Emirates is an administrative violation and a fine is charged for this.
Annual per capita income: $49,791 In this small but very rich state, almost ideal conditions for a comfortable life have been created. The presence of rich natural resources and the sale of oil is what keeps the country's economy.
Interesting Brunei Fact: The name of this country in translation means "blessed abode of the world."
Annual per capita income: $51,959. Norway is considered to be the country with the highest standard of living in the world. Such viability of this country is based on the rich reserves of energy resources and their reasonable use.
Interesting fact about Norway: compliance with the law for the inhabitants of Norway is such an unquestioning matter that stores do not even bother installing security systems. Video surveillance is available only in the largest shopping malls, but even there thefts are exceptionally rare.
Annual per capita income: $56,498. Singapore achieved its economic development during the second half of the 20th century. Now Singapore is becoming more and more developed both socially and financially.
Interesting facts about Singapore: Singapore's capital is the cleanest city on the planet. Once here, you will not want to litter - a fine for spitting on the street or a piece of paper thrown past the bin is punishable by a fine of $ 500.
Annual per capita income: $85,432 The motto of this small prosperous country is "We remain who we are." Even such a small area has a huge weight in the modern economic world, because Luxembourg is the second most populous country in the world.
Interesting fact about Luxembourg: Luxembourgers have 100% literacy.
Annual per capita income: $88,222. And, finally, the leader of the rating is the state of Qatar. Qatar owes its wealth to oil, which is produced in large quantities in this country.
Interesting facts about Qatar: a typical problem for male residents of Qatar is overweight.
Gross national income (GNI) / Gross National Income (GNI) is the total value of all goods and services produced during the year in the territory of the state (that is, gross domestic product, GDP), plus income received by citizens of the country from abroad, minus income taken out of the country by foreigners. One of the key indicators of economic development.
A country's GNI can be substantially less than its GDP if a significant portion of the country's income is taken out of the country by foreign companies or citizens. On the contrary, if the citizens of a given country own a large number of securities of foreign companies or governments and receive income from them, then GNI will be greater than GDP. However, for most countries in the world, GDP and GNI do not differ significantly and are often considered interchangeable. The term "gross" means that the value of capital consumed in the production process has not been excluded from the total market value of goods and services produced. If this were done, then not a "gross" but a "net national product" would be obtained, practically equal to the national income. In practice, however, the words "product" and "income" are often used interchangeably, so the indicator "gross national product" is also called "gross national income".
Gross national income per capita is GNI divided by the average annual population of the country. This indicator gives an idea of the amount of goods and services produced per inhabitant of the state, or, in other words, how much each inhabitant of the country would receive if the entire annual national income were distributed equally among all citizens of the country. GNI per capita is also referred to as "per capita income" or "per capita income".
The GNI per capita index is one of the basic ones in international statistics. This indicator is often understood as an index of the standard of living or well-being in a state or region, however, it is only an approximate measure of the well-being of the population of a particular country, since it does not take into account a number of important factors, in particular:
Does not show how evenly or unevenly incomes are distributed among the citizens of the country (for example, in countries with the same GNI per capita, there may be a significant difference, for example, in the share of the middle class or in the share of the poor, since in reality most of the national income can be concentrated in the hands of a narrow group of the population).
Does not take into account the damage caused by production to natural resources and the environment.
It does not take into account unpaid work done in the household or on a voluntary basis, as well as all production in the shadow economy, which can be quite significant.
Gives equal importance to both useful and harmful products for society (for example, certain medicines, cigarettes, weapons, and so on), while ignoring the value that free time or freedom has for a person.
In the methodology of the World Bank, which annually calculates indicators of national income per capita in the countries of the world, all states and territories are classified into three categories:
High income per capita countries ($12,616 and up).
Middle income countries per capita ($1,036 to $12,615).
Low per capita income countries ($1,035 and below).
This is the official analytical classification of the World Bank. The World Bank's World Development Indicators database serves as a source of information. Fixed during the financial year (ending June 30) and updated annually (updated statistics are usually published in October-November).
The data are presented as of 2012 (published in July 2013, updated in December 2013).
COUNTRIES AND TERRITORIES WITH HIGH PER CAPITA INCOME |
||
PLACE | ECONOMY | INCOME ($) |
---|---|---|
1 | Monaco | 186 950 |
2 | Liechtenstein | 186 950 |
3 | Bermuda | 104 590 |
4 | Norway | 98 860 |
5 | Switzerland | 80 970 |
6 | Qatar | 76 010 |
7 | Luxembourg | 71 620 |
8 | Denmark | 59 850 |
9 | Australia | 59 360 |
10 | Sweden | 55 970 |
11 | Macau | 55 720 |
12 | USA | 52 340 |
13 | San Marino | 51 470 |
14 | Canada | 50 970 |
15 | Kuwait | 44 100 |
16 | Netherlands | 47 970 |
17 | Japan | 47 880 |
18 | Austria | 47 660 |
19 | Singapore | 47 210 |
20 | Finland | 46 490 |
21 | Belgium | 44 660 |
22 | Germany | 44 260 |
23 | France | 41 750 |
24 | Ireland | 39 110 |
25 | Great Britain | 38 670 |
26 | Iceland | 38 330 |
27 | Hong Kong | 36 560 |
28 | United Arab Emirates | 35 770 |
29 | Italy | 33 860 |
30 | New Zealand | 30 640 |
31 | Spain | 29 620 |
32 | Israel | 28 380 |
33 | Cyprus | 26 110 |
34 | Greece | 23 260 |
35 | Slovenia | 22 800 |
36 | South Korea | 22 670 |
37 | Saudi Arabia | 21 210 |
38 | Portugal | 20 620 |
39 | Bahamas | 20 600 |
40 | Oman | 19 110 |
41 | Malta | 19 760 |
42 | Czech | 18 120 |
43 | Puerto Rico | 18 000 |
44 | Slovakia | 17 180 |
45 | Bahrain | 14 820 |
46 | Estonia | 16 150 |
47 | Barbados | 15 080 |
48 | Trinidad and Tobago | 14 710 |
49 | Chile | 14 310 |
50 | Latvia | 14 120 |
51 | Lithuania | 13 830 |
52 | Saint Kitts and Nevis | 13 610 |
53 | Uruguay | 13 580 |
54 | Equatorial Guinea | 13 560 |
55 | Croatia | 13 490 |
56 | Russia | 12 700 |
57 | Poland | 12 660 |
COUNTRIES AND TERRITORIES WITH MIDDLE INCOME PER CAPITA |
||
PLACE | ECONOMY | INCOME ($) |
58 | Antigua and Barbuda | 12 480 |
59 | Venezuela | 12 460 |
60 | Hungary | 12 380 |
61 | Seychelles | 12 260 |
62 | Brazil | 11 630 |
63 | Türkiye | 10 830 |
64 | Gabon | 10 040 |
65 | Palau | 9 860 |
66 | Malaysia | 9 820 |
67 | Kazakhstan | 9 780 |
68 | Mexico | 9 640 |
69 | Lebanon | 9 190 |
70 | Costa Rica | 8 820 |
71 | Romania | 8 820 |
72 | Suriname | 8 680 |
73 | Mauritius | 8 570 |
74 | Panama | 8 510 |
75 | Botswana | 7 650 |
76 | South Africa | 7 610 |
77 | Grenada | 7 220 |
78 | Montenegro | 7 220 |
79 | Colombia | 7 020 |
80 | Saint Lucia | 6 890 |
81 | Bulgaria | 6 840 |
82 | Belarus | 6 530 |
83 | Dominica | 6 440 |
84 | Saint Vincent | 6 400 |
85 | Azerbaijan | 6 220 |
86 | Peru | 6 060 |
87 | Cuba | 5 890 |
88 | Iraq | 5 870 |
89 | Maldives | 5 750 |
90 | China | 5 720 |
91 | Tuvalu | 5 650 |
92 | Namibia | 5 610 |
93 | Dominican Republic | 5 470 |
94 | Turkmenistan | 5 410 |
95 | Serbia | 5 280 |
96 | Thailand | 5 210 |
97 | Ecuador | 5 170 |
98 | Jamaica | 5 120 |
99 | Algeria | 5 020 |
100 | Bosnia and Herzegovina | 4 750 |
101 | Jordan | 4 670 |
102 | Macedonia | 4 620 |
103 | Angola | 4 580 |
104 | Belize | 4 490 |
105 | Tonga | 4 220 |
106 | Tunisia | 4 150 |
107 | Fiji | 4 110 |
108 | Marshall Islands | 4 040 |
109 | Albania | 4 030 |
110 | Cape Verde | 3 830 |
111 | Armenia | 3 720 |
112 | Timor Leste | 3 620 |
113 | Kosovo | 3 600 |
114 | Salvador | 3 590 |
115 | Ukraine | 3 500 |
116 | Indonesia | 3 420 |
117 | Guyana | 3 410 |
118 | Paraguay | 3 400 |
119 | Georgia | 3 270 |
120 | Samoa | 3 260 |
121 | micronesia | 3 230 |
122 | Mongolia | 3 160 |
123 | Guatemala | 3 120 |
124 | Vanuatu | 3 000 |
125 | Egypt | 2 980 |
126 | Morocco | 2 960 |
127 | Sri Lanka | 2 920 |
128 | Swaziland | 2 860 |
129 | Syria | 2 610 |
130 | Congo | 2 550 |
131 | Kiribati | 2 520 |
132 | Philippines | 2 500 |
133 | Butane | 2 420 |
134 | Bolivia | 2 220 |
135 | Honduras | 2 120 |
136 | Moldova | 2 070 |
137 | Papua New Guinea | 1 790 |
138 | Uzbekistan | 1 720 |
139 | Nicaragua | 1 650 |
140 | India | 1 580 |
141 | Ghana | 1 550 |
142 | Vietnam | 1 550 |
143 | Sudan | 1 500 |
144 | Nigeria | 1 440 |
145 | Lesotho | 1 380 |
146 | Zambia | 1 350 |
147 | Sao Tome and Principe | 1 310 |
148 | Laos | 1 270 |
149 | Yemen | 1 270 |
150 | Pakistan | 1 260 |
151 | Ivory Coast | 1 220 |
152 | Cameroon | 1 170 |
153 | Solomon islands | 1 130 |
154 | Mauritania | 1 110 |
COUNTRIES AND TERRITORIES WITH LOW PER CAPITA INCOME |
||
PLACE | ECONOMY | INCOME ($) |
155 | Senegal | 1 030 |
156 | Kyrgyzstan | 990 |
157 | Cambodia | 880 |
158 | Kenya | 860 |
159 | Tajikistan | 860 |
160 | Bangladesh | 840 |
161 | Comoros | 840 |
162 | South Sudan | 790 |
163 | Chad | 770 |
164 | Haiti | 760 |
165 | Benin | 750 |
166 | Nepal | 700 |
167 | Afghanistan | 680 |
168 | Burkina Faso | 670 |
169 | Mali | 660 |
170 | Zimbabwe | 650 |
171 | Rwanda | 600 |
172 | Sierra Leone | 580 |
173 | Tanzania | 570 |
174 | Central African Republic | 510 |
175 | Gambia | 510 |
176 | Guinea-Bissau | 510 |
177 | Mozambique | 510 |
178 | Togo | 500 |
179 | Eritrea | 450 |
180 | Guinea | 440 |
181 | Uganda | 440 |
182 | Madagascar | 430 |
183 | Niger | 390 |
184 | Ethiopia | 380 |
185 | Liberia | 370 |
186 | Malawi | 320 |
187 | Burundi | 240 |
188 | Democratic Republic of the Congo | 230 |
|
||
COUNTRIES AND TERRITORIES WITH UNKNOWN GROSS NATIONAL INCOME PER CAPITA 1 |
||
ECONOMY | CATEGORY | |
US Virgin Islands | A | |
Andorra | A | |
Aruba | A | |
Gibraltar | A | |
Greenland | A | |
Guam | A | |
Cayman islands | A | |
Curacao | A | |
Netherlands Antilles | A | |
New Caledonia | A | |
Isle Of Man | A | |
Saint Martin's Island | A | |
Northern Mariana Islands | A | |
St. Maarten | A | |
Turks and Caicos | A | |
Faroe islands | A | |
French polynesia | A | |
Argentina | B | |
Eastern Samoa | B | |
Iran | B | |
Libya | B | |
Mayotte | B | |
Djibouti | C | |
Myanmar | C | |
Palestine | C | |
North Korea | C | |
Somalia | C | |
Vatican | ||
Nauru | ||
Taiwan | ||
B- Belongs to the category of countries with an average level of income per capita. C- Belongs to the category of countries with low income per capita. |
Russia is a country with a vast territory and, surprisingly, no less colossal difference in the average income per capita in the regions. However, this is not surprising, since the potential of the regions in economic terms is significantly different, so some regions and autonomous republics of our country simply cannot earn money on their own, receiving funds in the form of subsidies on a residual basis.
The average per capita income is one of the most important economic indicators that show the attractiveness of a particular territory for living. Therefore, it is on him that the majority of the inhabitants of our country pay their attention before moving to a particular region of Russia. Today we will talk about what is the average per capita income, and what are its values in different regions of our country.
The average per capita income is one of the most important indicators, which determines the well-being of the inhabitants of an entire state. It represents the average income that citizens of a particular territory earn or receive. This indicator is calculated from the national or regional income, which is divided by the total population of the state or territory. At the same time, this indicator cannot be compared with the gross domestic product and the domestic national product, these are completely different indicators.
When conducting interstate comparisons, a single currency is used to calculate the average per capita income. As a rule, this indicator is calculated in US dollars, but other monetary units can be accepted for calculations. For domestic payments, as a rule, the national currency is used. Thus, domestic rubles can also be used to calculate the average income in the regions of Russia.
It is important to remember that the definition of the well-being of the population in this way is not without its drawbacks. In particular, this method has the following main disadvantages:
So, we found out what this indicator is. Next, we will figure out in which regions of Russia people live richer, and in which they live poorer.
As we have said above, the range of indicators of the average income of the population in Russia is huge. Moreover, nowhere in the world is there such a difference in values as in our country. This is so noticeable that most of the publications involved in the calculation of these indicators even compare the domestic regional product with the gross domestic product of the states of our planet in their news and articles. The results are very mixed.
Thus, in the United States of America, which is slightly inferior to Russia in terms of area, the difference in indicators of the internal regional product is incomparably smaller. Alaska is considered the richest region of the United States, while Mississippi is the poorest state. The average income of the population between them differs only 1.8 times. At the same time, in Russia, the poorest region lags behind the richest in this indicator by 32 times. Therefore, it is not surprising that there are regions on the territory of the country that, in terms of GRP, are comparable to the GDP of the Netherlands, the Czech Republic, France on the one hand, and the backward countries of Asia and Africa, on the other. So, let's figure out how the population of our country lives in certain regions. But first, a few notes:
In total, the average income in Russia is approximately 16.3 thousand dollars per capita. In the world ranking, our country is located immediately after Croatia and before Chile. Unfortunately, most of the administrative-territorial units of our country have a much lower GRP than in the above areas. So, the level of the Republic of Komi is inferior to Lithuania and is slightly higher than the Kazakh one. The Kemerovo region in this indicator competes with Malaysia. Orenburg is slightly behind Mexico. The Magadan region has a GRP at the income level of Venezuela.
Many regions of our country have an average per capita income comparable to Ukrainian or Chinese. These include Tver, Rostov, Saratov, Belgorod regions. Here, the average income is at the level of 8 thousand dollars. A little lower is the Lipetsk region. The Moscow region is far behind the capital, this indicator in the region is inferior to Turkey and slightly exceeds Panama. Residents of the Krasnodar Territory have an income at the level of Brazil. The Jewish Autonomous Region is close to China not only territorially, but also in terms of the average income of the population.
The weakest indicators traditionally have the southern republics of our country. Thus, residents of Ingushetia on average receive only 3.3 thousand dollars, the Filipinos and Vietnamese can boast of similar indicators. The lowest standard of living is in Chechnya, where residents earn only 2.9 thousand dollars per capita, which is close to the level of Djibouti. Other approximate republics, such as North Ossetia, Karachay-Cherkessia, Kabardino-Balkaria, Dagestan and others, have not gone far. These regions remain subsidized, with virtually no production and only underdeveloped agriculture.