Annualized average growth rate in per capita real survey mean consumption or income, total population (%) - Country Ranking

Definition: The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 and 2005 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases where the data collection period bridged two calendar years, the first year in which data were collected is reported. The final year refers to the most recent survey available between 2010 and 2014. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. Growth rates for four countries – Bangladesh, Cambodia, Jordan, and Lao PDR – are based on survey means of 2005 PPP$. This is due to the large deviations in the rate of change in PPP factors relative to the rate of change in domestic consumer price indexes. See Box 1.1 in the Global Monitoring Report 2015/2016 (http://www.worldbank.org/en/publication/global-monitoring-report) for a detailed explanation.

Source: World Bank, Global Database of Shared Prosperity (GDSP) circa 2007 - 2012 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Belarus 8.14 2011
2 China 7.86 2010
3 Vietnam 7.81 2010
4 Kazakhstan 7.56 2013
5 Dem. Rep. Congo 7.20 2012
6 Slovak Republic 6.67 2012
7 Bhutan 6.47 2012
8 Russia 5.27 2012
9 Paraguay 5.20 2012
10 Turkey 4.81 2012
11 Australia 4.65 2010
12 Brazil 4.54 2012
13 South Africa 4.38 2011
14 Uruguay 4.33 2012
15 Congo 4.29 2011
16 Bolivia 4.29 2012
17 Cambodia 4.09 2012
18 Nepal 4.08 2010
19 Peru 3.99 2012
20 Thailand 3.95 2012
21 Rwanda 3.89 2010
22 India 3.70 2011
23 Panama 3.63 2012
24 Colombia 3.59 2012
25 Indonesia 3.39 2014
26 Costa Rica 3.15 2013
27 Argentina 3.13 2012
28 Uganda 2.95 2012
29 Chile 2.83 2011
30 Pakistan 2.69 2010
31 Tunisia 2.63 2010
32 Georgia 2.63 2013
33 Jordan 2.57 2010
34 Israel 2.46 2010
35 Norway 2.39 2012
36 Ukraine 2.27 2013
37 Sweden 2.25 2012
38 Lao PDR 1.96 2012
39 Canada 1.93 2010
40 Moldova 1.81 2013
41 Sri Lanka 1.66 2012
42 Mauritania 1.62 2014
43 Tanzania 1.59 2011
44 Poland 1.44 2012
45 Bulgaria 1.37 2012
46 Bangladesh 1.37 2010
47 Malawi 1.27 2010
48 Nigeria 1.12 2009
49 Finland 1.07 2012
50 Iraq 0.98 2012
51 Ecuador 0.97 2012
52 Togo 0.95 2011
53 Switzerland 0.93 2012
54 Mauritius 0.86 2012
55 Belgium 0.44 2012
56 Philippines 0.41 2012
57 Austria 0.39 2012
57 France 0.39 2012
59 Czech Republic 0.37 2012
60 Denmark 0.32 2012
61 Senegal 0.31 2011
62 Croatia 0.25 2010
63 Germany 0.14 2011
64 Spain 0.00 2012
65 Ethiopia -0.09 2010
66 Dominican Republic -0.20 2012
67 Mexico -0.22 2012
68 Romania -0.28 2013
69 Slovenia -0.28 2012
70 United States -0.43 2013
71 Luxembourg -0.54 2012
72 Hungary -0.67 2012
73 Netherlands -0.99 2012
74 Armenia -1.05 2013
75 Lithuania -1.16 2012
76 Iran -1.20 2013
77 Estonia -1.24 2012
78 Albania -1.31 2012
79 Serbia -1.33 2010
80 Mali -1.47 2009
81 El Salvador -1.49 2012
82 Cyprus -1.58 2012
83 Italy -1.82 2012
84 Portugal -2.14 2012
85 Kyrgyz Republic -2.35 2012
86 Honduras -2.68 2012
87 United Kingdom -2.78 2012
88 Madagascar -3.52 2010
89 Montenegro -3.64 2013
90 Ireland -3.88 2012
91 Latvia -4.33 2012
92 Iceland -4.56 2012
93 Guatemala -4.57 2011
94 Greece -8.40 2012

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Limitations and Exceptions: Growth rates for four countries -- Bangladesh, Cambodia, Jordan, and Lao PDR -- are based on survey means of 2005 PPP$. This is due to the large deviations in the rate of change in PPP factors relative to the rate of change in domestic consumer price indexes. See Box 1.1 in the Global Monitoring Report 2015/2016 (http://www.worldbank.org/en/publication/global-monitoring-report) for a detailed explanation. Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.

Unit of Measure: %

Periodicity: Annual

General Comments: The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.