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Global Purchasing Power Parities and Real Expenditures - Afristat

Global Purchasing Power Parities and Real Expenditures - Afristat

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2005 ICP: Results <strong>and</strong> Major Findings 13Figure 2 Distribution of <strong>Global</strong> GDP by Economy500United Statesreal GDP per capital, WORLD = 100400300200100United KingdomGermanyJapanFranceItalyRussiaMexicoBrazilNigeriaBangladeshIndiaIndonesiaPakistanChina00 10 20 30 40 50 60 70 80 90 100cumulative share of global population, percent(Countries are in the order of increasing real GDP per capita; area of eachrectangle corresponds to the share in global GDP of the corresponding country.)Source: 2005 ICP.Note: The economies with the highest GDP per capita, Luxembourg, Qatar, Norway, Brunei Darussalam, <strong>and</strong> Kuwait, are not shown in this figurebecause together they account for less than 1 percent of the world economy in total; <strong>and</strong> the United States is the sixth largest.ment. Per capita expenditures for collective governmentexceeded the other categories in Asia, South America, <strong>and</strong>Western Asia <strong>and</strong> were the only component for the lattertwo regions that were greater than the world average.Gross Fixed Capital FormationGross fixed capital formation (figure 3) measures investmentexpenditures, which mostly comprise purchases ofequipment <strong>and</strong> construction services. Compared with theregional dispersion of GDP per capita, investment expendituresper capita appear to be less unequally distributedacross regions. In particular, differences between the Asia-Pacific, CIS, South America, <strong>and</strong> Western Asia regions narrow.On the other h<strong>and</strong>, Africa lags far behind, reflectinglow investment efforts from national <strong>and</strong> foreign investors,plus high investment prices.In figure 4, a more detailed picture of per capita expenditureis provided by the chart showing the variation of percapita expenditures for the major categories of the GDP.

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