Gross National Product(2000 data, billion dollars)(product per capita in parentheses, thousand dollars) GDP Yearly Growth Rate Back to politics  Back to history  More statistics 

Purchasingpower parity (2003)

Just for fun,
I tried
to calculate the wealth of the entire planet, and see how
rich/poor each person would be if we simply divided the world's wealth
by the world's population (six billion people).
If I use GNP data, i find that the world's total GNP is about $30 trillion (the USA's GNP is $10 trillion and the USA accounts for about 1/3 of the world's GNP). Divided by 6 billion people, that's an average of $5,000 per capita. That's yearly production of wealth. Depreciation of goods is hard to estimate, but we can assume that it is about 30% on average. So the accumulated wealth is 5000 minus 30% of 5000 minus 30% of this number minus... a series that converges to about $1011,000 If I use the data on net worth (average USA household net worth is $182,381 as per the census, which means a total wealth of about about $18 trillion for the 100 million USA households, which means about $54 trillion for the wealth of all households of the world). That's household wealth. Now we need to add government wealth, which is approx 3040% in the US, more in other countries. So the total wealth of the world is about $70 trillion of dollars. Thus the average human on this planet is worth $70,000/6= $11,000 So both ways we get the same number: if we distributed the wealth of the world to the people of the world in equal terms, each person would be worth $11,000 For the USA alone these numbers are: Percapita GNP: $38,000 and Average net worth: $60,000 . 