Real Incomes by Country

Real incomes by country is the most important module of UQICD as the series available here are subsequently used in compiling series available in other modules. The Real Incomes module has been available in all the earlier versions of UQICD starting from Version 1.0 released in 2012.

A special feature of UQICD is the availability of charts showing different series over time for all the countries in the database.

The main series available in this Module are panels of purchasing power parity (PPP) exchange rates and real expenditures at the GDP level and for the three main components: Consumption; Investment; and Government Expenditure. Measures for 183 countries (see detailed information) are included.

In addition to the panels of PPPs available from the UQICD, a number of standard series of interest from secondary sources are made available to the users to facilitate basic analyses as well as the construction of a number of series that can be derived from the series that can be downloaded from UQICD.

The user may consult the UQ International Comparisons Database: UQICD User Guide V3.0 to decide on the most appropriate series to download. The methodology used in the construction of the available series are summarised in the User Guide, and further details can be found in various publications and working papers.

Real incomes by region are also available.



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View the notes on the countries.

Available countries:



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Available years:



Selected years:


These provide essential country and year identifiers associated with downloaded data - including country codes, regions, years and currency units (present and historical)

description: World Bank 3-letter code
details: World Bank ISO code (3-letter) available from wits.worldbank.org
source: WDI
time-stamp: 29/11/2021

description: Year
details: Year
source:
time-stamp: 29/11/2021

description: Country name
details: Country name
source:
time-stamp: 29/11/2021

description: IMF International Financial Statistics (IFS) Code
details: IMF International Financial Statistics (IFS) 3-digit Country Code
source: IFS
time-stamp: 29/11/2021

description: The currency unit used in 2019
details: Currency unit used in 2019
source: https://www.iso.org/iso-4217-currency-codes.html
time-stamp: 29/11/2021

description: The currency code (ISO 4217) by country used in computing the PPP
details: The currency code (ISO 4217) by country used in computing the PPP
source: https://www.iso.org/iso-4217-currency-codes.html
time-stamp: 29/11/2021

description: The geographical regions
details: Geographical regions - World Bank Grouping
source: World bank
time-stamp: 29/11/2021

PPPs available here are estimated using methodology developed by UQICD researchers - see UQICD V3.0 User Guide. PPPs are presented for GDP, Consumption, Government Expenditure and Gross Capital Formation.

description: UQICD PPP Series for GDP in current prices ( LCU/US$).
details: UQICD Estimated PPP Series for GDP in current prices (LCU/US$). These are unrestricted estimates. Restricted estimates constrained to track benchmark PPPs or deflators are available from UQICD upon request.
source: Our estimates
time-stamp: 3/12/2021

description: Standard errors associated with UQICD PPP series
details: Standard errors of UQICD PPP series are expressed as percentage of the PPPs.
source: Our estimates
time-stamp: 3/12/2021

description: UQICD PPP Series for Consumption in current prices
details: UQICD Estimated PPP Series for Consumption aggregate in current prices (LCU/US$). These are unrestricted estimates. Restricted estimates constrained to track benchmark PPPs or deflators are available from UQICD upon request.
source: Our estimates
time-stamp: 3/12/2021

description: Standard errors associated with UQICD PPPC series
details: Standard errors of UQICD PPP_CONS series are expressed as percentage of the PPPs
source: Our estimates
time-stamp: 3/12/2021

description: UQICD PPP Series for Government in current prices, reference USD
details: UQICD Estimated PPP Series for Government expenditure aggregate in current prices (LCU/US$). These are unrestricted estimates. Restricted estimates constrained to track benchmark PPPs or deflators are available from UQICD upon request.
source: Our estimates
time-stamp: 3/12/2021

description: Standard errors associated with UQICD PPPG series
details: Standard errors of UQICD PPP_GOV series are expressed as percentage of the PPPs
source: Our estimates
time-stamp: 3/12/2021

description: UQICD PPP Series for Investment in current prices, reference USD
details: UQICD Estimated PPP Series for Gross Capital Formation aggregate in current prices (LCU/US$). These are unrestricted estimates. Restricted estimates constrained to track benchmark PPPs or deflators are available from UQICD upon request.
source: Our estimates
time-stamp: 3/12/2021

description: Standard errors associated with UQICD PPPI series
details: Standard errors of UQICD PPP_GCF series are expressed as percentage of the PPPs
source: Our estimates
time-stamp: 3/12/2021

Current price real and nominal series are provided for GDP as well as its components. Real series are obtained by converting local currency unit aggregates in each year using PPPs for that year. Nominal series are exchange rate converted series. Separate series are available for GDP, Individual Consumption Expenditure by Households (CONS); Government expenditure (GOV); and Gross Capital Formation (GCF). Corresponding per capita series are also available.

description: Total population
details: Population data are drawn from the UN World Population Prospects
source: Undata base
time-stamp: 29/11/2021

description: Real GDP per capita in current prices, using PPP_GDP
details: Real GDP per capita in current prices and US dollars, LCU converted using PPP_GDP
source: Our estimates
time-stamp: 3/12/2021

description: Nominal GDP per capita in current dollars, using XR
details: Nominal GDP per capita in current prices and US dollars, LCU converted using exchange rate (XR) series
source: Our estimates
time-stamp: 3/12/2021

description: Real Consumption per capita at current prices, using PPP_CONS
details: Real Individual Consumption Expenditure by Households (CONS) per capita in current prices and US dollars, LCU converted using PPP_CONS
source: Our estimates
time-stamp: 3/12/2021

description: Nominal Consumption per capita at current prices, using ER
details: Nominal Individual Consumption Expenditure by Households per capita in current prices and US dollars, LCU converted using exchange rate (XR) series
source: Our estimates
time-stamp: 3/12/2021

description: Real Government per capita at current prices, using PPP_gov
details: Real Government Expenditure (GOV) per capita in current prices and US dollars, LCU converted using PPP_GOV
source: Our estimates
time-stamp: 3/12/2021

description: Nominal Government per capita at current prices, using XR
details: Nominal Government Expenditure (GOV) per capita in current prices and US dollars, LCU converted using exchange rate (XR) series
source: Our estimates
time-stamp: 3/12/2021

description: Real per capita gross capital formation at current prices using PPP_GFC
details: Real Gross Capital Formation (GCG) per capita in current prices and US dollars, LCU converted using PPP_GOV
source: Our estimates
time-stamp: 3/12/2021

description: Nominal Invetment per capita at current prices, using XR
details: Nominal Gross Capital Formation (GCF) per capita in current prices and US dollars, LCU converted using exchange rate (XR) series
source: Our estimates
time-stamp: 3/12/2021

Constant price series are useful for comparisons over time. Series provided here are anchored on 2011 as the base year. Measures of real GDP and its components at 2011 constant prices are provided. Corresponding per capita series are also available. Methodology used is the compilation of constant price series can be found in UQICD V3.0 User guide.

description: Real GDP per capita in constant prices of 2011, reference USD
details: Real GDP per capita in constant 2011 prices and US dollars - see User Guide for details as to how this series is constructed.
source: Our estimates
time-stamp: 3/12/2021

description: Real Consumption per capita in constant prices of 2011, reference USD
details: Real Individual Consumption Expenditure by Households (CONS) per capita in constant 2011 prices and US dollars - see UQICD V3.0 User Guide for details as to how this series is constructed.
source: Our estimates
time-stamp: 3/12/2021

description: Real Government per capita in constant prices of 2011,reference USD
details: Real Government Expenditure (GOV) per capita in constant 2011 prices and US dollars - see UQICD V3.0 User Guide for details as to how this series is constructed.
source: Our estimates
time-stamp: 3/12/2021

description: Real Investgment per capita at constant prices of 2011, reference USD
details: Real Gross Capital Formation (GCF) per capita in constant 2011 prices and US dollars - see UQICD V3.0 User Guide for details as to how this series is constructed.
source: Our estimates
time-stamp: 3/12/2021

Series for a number of related macroeconomic variables as well as population are available for users. These series are NOT UQICD constructed series. Data are drawn from secondary sources which are listed for each of the series.

description: The exchange rate
details: Exchange rate data are from International Financial Statistics (IFS) from IMF
source: WDI and UN, although ultimate source is International Monetary Fund, International Financial Statistics.
time-stamp: 29/11/2021

description: The historical currency code (ISO 4217) by country by year
details: The historical currency code (ISO 4217) by country by year
source: https://www.iso.org/iso-4217-currency-codes.html
time-stamp: 29/11/2021

description: PPP Data for GDP from ICP and OECD.
details: These are PPPs for GDP from various benchmarks of ICP, OECD-Eurostat and other regions. The PPP series from UQICD are close to this series but not identical due to the methodology used - see UQICD V3.0 User Guide.
source: OECD; ICP for 1970, 1975, 1980, 1985; communication with World Bank for 1996 data.
time-stamp: 29/11/2021

description: PPP Data for consumption from ICP and OECD.
details: These are PPPs for Individual Connsumption Expenditure by Households (CONS) from various benchmarks of ICP, OECD-Eurostat and other regions. The PPP series from UQICD are close to this series but not identical due to the methodology used - see UQICD V3.0 User Guide.
source: OECD; ICP for 1970, 1975, 1980, 1985; communication with World Bank for 1996 data.
time-stamp: 29/11/2021

description: PPP Data for government from ICP and OECD.
details: These are PPPs for Government Expenditure by Households (GOV) from various benchmarks of ICP, OECD-Eurostat and other regions. The PPP series from UQICD are close to this series but not identical due to the methodology used - see UQICD V3.0 User Guide.
source: OECD; ICP for 1970, 1975, 1980, 1985; communication with World Bank for 1996 data.
time-stamp: 29/11/2021

description: PPP Data for investment from ICP and OECD.
details: These are PPPs for Gross Capital Formation (GCF) from various benchmarks of ICP, OECD-Eurostat and other regions. The PPP series from UQICD are close to this series but not identical due to the methodology used - see UQICD V3.0 User Guide.
source: OECD; ICP for 1970, 1975, 1980, 1985; communication with World Bank for 1996 data.
time-stamp: 29/11/2021

description: AMA exchange rate
details: AMA exchange rate
source: IMF
time-stamp: 29/11/2021

description: IMF exchange rate
details: IMF exchange rate
source: IMF
time-stamp: 29/11/2021

description: Household final consumption expenditure, etc. (% of GDP).
details: These shares (in percentages) are computed as the ratio of Individual Consumption Expenditure by Households (CONS) to GDP in local currency units (LCUs)
source: WDI and UN National Accounts database
time-stamp: 29/11/2021

description: Gross capital formation (%GDP)
details: These shares (in percentages) are computed as the ratio of Gross Capital Formation (GCF) to GDP in local currency units (LCUs)
source: WDI and UN National Accounts database
time-stamp: 29/11/2021

description: General government final consumption expenditure (% of GDP)
details: These shares (in percentages) are computed as the ratio of Government Expenditure (GOV) to GDP in local currency units (LCUs)
source: WDI and UN National Accounts database
time-stamp: 29/11/2021

description: GDP per capita in local currency units at current prices
details: GDP per capita in local currency units (LCUs) at current prices
source: WDI and UN National Accounts database
time-stamp: 29/11/2021

description: Government per capita at current prices - LCU
details: Government Expenditure (GOV) per capita in local currency units (LCUs) at current prices
source: Our calculations
time-stamp:

description: Consumption per capita at current prices - LCU
details: Individual Consumption Expenditure by Households (CONS) per capita in local currency units (LCUs) at current prices
source: Our calculations
time-stamp:

description: Investment per capita at current prices - LCU
details: Gross Capital Formation (GCF) per capita in local currency units (LCUs) at current prices
source: Our calculations
time-stamp:

description: The GDP implicit deflator - 2010 base year.
details: The GDP implicit deflator from national accounts - 2010 base year.
source: WDI is primary source, UN National Accounts database is secondary source, with data from 1970 onwards only, and IFS was tertiary source for a few countries.
time-stamp: 29/11/2021

description: GDP deflator for government expenditure_2010 base year
details: Implicit deflator for Government Expenditure (GOV) from national accounts - 2010 base year.
source: Undata base
time-stamp: 29/11/2021

description: GDP deflator for private (household) consumption_2010 base year
details: Implicit deflator for Individual Consumption Expenditure by Households (CONS) from national accounts - 2010 base year.
source: Undata base
time-stamp: 29/11/2021

description: GDP deflator for Investment_2010 base year
details: Implicit deflator for Gross Capital Formation (GCF) from national accounts - 2010 base year.
source: Undata base
time-stamp: 29/11/2021

Charts

Cite UQICD

Cite UQICD:

Rao, D.S. Prasada, A. N. Rambaldi, G. Hajargasht, D. Chotikapanich and W.E. Griffiths, UQ International Comparisons Database: UQICD V3.0, School of Economics, The University of Queensland, St Lucia, QLD 4072, Australia. 2022.