Israel’s GDP per capita is among highest in emerging markets

Study published by the British financial weekly “The Economist” shows that Israel’s per capita GDP is almost $20,000 in terms of purchasing power parity (PPP).
 
The study which was conducted among 25 emerging economies, rate Israel third, at almost $20,000, in per capital GDP in terms of purchasing power parity (PPP).
The study shows that Israel’s per capita GDP is 31% less than the leading emerging economy Hong Kong’s $28,800.
 
Hong Kong’s per capital GDP is only 23% less than the US’s $37,500 per capita. other emerging economies ahead of Israel in per capita GDP is Singapore, with $25,000.
Israel is rated ahead of 22 emerging economies, including South Korea, the Czech Republic, Hungary, Malaysia, Russia, Brazil, Thailand, Turkey, Columbia Saudi Arabia, Poland, Chile, Mexico, Peru, and China.
 
The study uncovers an interesting point about China. It shows that despite China's rapid economic growth rate, the per capita GDP in China is only $5,000 in terms of purchasing power parity (PPP).
 
The emerging economies with the lowest per capita GDP, ranging from $5,000 to less than $1,000, are Indonesia, India, and Pakistan, Venezuela, the Philippines and Egypt.