This table lists the international rankings of Gibraltar, in all categories that are published in the CIA World Factbook, and those that we derived from them. This has become the main activity within the Port of Gibraltar. Gibraltar offers a favourable tax system, good internet connectivity along with a well-developed regulatory system. This allowed the implementation of a new low tax system which took full effect in 2010. ), Oil - consumption This site uses cookies to optimize functionality and give you the best possible experience. This according to the Chief Minister’s budget speech. Cette liste des pays par PIB par habitant à parité du pouvoir d'achat comprend trois listes de pays du monde et de certains territoires classés selon la valeur de leur produit intérieur brut par habitant en parité de pouvoir d'achat (PPA) établies par les administrations suivantes : le Fonds monétaire international (FMI), la Banque mondiale (BM), et la Central Intelligence Agency (CIA). The list has not been updated to reflect such changes. GDP (purchasing power parity) $2.044 billion (2014 est.) Gibraltarians with second homes in the Campo de Gibraltar spent more than £33.5m in the Spanish economy during 2007. 1960 - 2018. $10,000 at purchasing power parity basis. GDP 2013 estimate • Total. Total gross domestic product (GDP) is 1 275 000 000 $. [17]. GDP grows by 6.00 % a year. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Country.io © 2014, All rights reserved. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. $1.85 billion (2013 est.) [see also: GDP (official exchange rate) country ranks] GDP - per capita: $61,700 (2014 est.) Carbon Dioxide (CO2) Emissions per Capita for each Country in the world - Net Public Debt is at £314 million or 13.38% of GDP in 2018/19. All suggestions for corrections of any errors about GDP - per capita (PPP) 2012 should be addressed to the CIA. [10] However, the list's disclaimer states:[11]. Mexico and China has entered in elite $10000 per capita GDP club in 2019. Global Metrics. Household income growth continues to outpace GDP growth . [13] Following Gibraltar's signing of 12 additional Tax Information Exchange Agreements (TIEAs), as of October 2009, with jurisdictions including the UK, US and Germany,[14] to sum 13, Gibraltar is currently listed in the OECD "white list", and is considered a jurisdiction that has substantially implemented the tax standard. This page of GDP per capita ranking of countries is based on figures from the 1999 CIA world factbook. Gibraltar benefits from an extensive shipping trade, a well regulated international finance center, tourism, and has become a global leader in the virtual gaming industry. Will Spain cooperate in the negotiations between the EU and the UK or could Gibraltar become a bargaining chip for Spain to push its sovereignty claim? 42,000 barrels per day (6,700 m3/d) 2001, Exports - commodities [27] Good[citation needed] regulation, and being part of the EU is seen as a strong advantage by large legitimate operators. Spanish frontier workers earned almost 243m in 2007 and this money was repatriated and spent in the Campo de Gibraltar region to generate further rounds of economic activity. Based on statistics in the 2006 surveys, the Government statisticians estimate it has grown by 8.5% in 2005/6 and by 10.8% in 2006/7 and that the GDP is probably now around 730 million. [34] The report aimed at clarifying the effects of Gibraltar's economy on the Campo area. The UK's Ministry of Defence was originally the mainstay of Gibraltar's economy but this has greatly reduced to around 6% of the gross domestic product. GDP per capita (current US$) - Gibraltar. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Invest Gibraltar ; Department for Economic Development ; Department of Consumer Affairs ; Civil Aviation . The International Monetary Fund (IMF) puts Gibraltar fourth in the world in terms of GDP per capita, indicating a prosperous nation with strong economic prospects. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. Self-sufficient Gibraltar benefits from an extensive shipping trade, offshore banking, and its position as an international conference center. Figures from the CIA World Factbook show the main export markets in 2006 were United Kingdom 30.8%, Spain 22.7%, Germany 13.7%, Turkmenistan 10.4%, Switzerland 8.3%, Italy 6.7% while the corresponding figures for imports are Spain 23.4%, Russia 12.3%, Italy 12%, UK 9%, France 8.9%, Netherlands 6.8% and United States 4.7%. Coins and sterling notes are issued by the Government of Gibraltar. If the value of this fuel is included as an import from the Campo de Gibraltar it adds almost another £300m to the impact of Gibraltar on the region, [using Meyrick and Associates of fuel bunker prices for this period and a GBP to, This page was last edited on 29 December 2020, at 11:10. It belonged to Spain between the years 1501 and 1704, and it was captured by a group of Dutch and British marines during the War of the Spanish Succession (1704). 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