List of countries by GDP (nominal) per capita

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/list-of-countries-by-gdp--nominal--per-capita

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the notable high-ranking countries?Luxembourg, Singapore, Ireland, and Qatar are often among the top performers
2. What is the distortion factor?Tax havens can have GDP data materially distorted by tax-planning activities

Nominal GDP: The value of goods and services produced at current prices, not adjusted for inflation.
Purchasing Power Parity (PPP): An economic theory that compares different countries' currencies through a 'basket of goods' approach.
Tax Haven: A country or jurisdiction that offers foreign individuals and businesses minimal or no tax liability.
Gross National Income (GNI) Per Capita: The total income earned by a nation's people and businesses, including income earned abroad, divided by population.