GDP per capita takes the total economic output of a country in a year, and divides it by the total population, providing a measure of a country’s economic performance and living standards on a per person basis. However a more accurate measure is taking into account the inflation rates and costs of local products and services. Considering these factors, we get a figure called the PPP or the purchasing power parity .

Looking at the GDP per capita PPP gives you an idea of how rich or poor a country’s general populace is. Which countries are the richest?