Growth in Per Capita GDP- Brazil, China, Indonesia and Nigeria

Here, we explore GDP per capita of the four countries from 1970 – 2018. These countries have a few things in common: Great growth prospects, large populations, three out of four are resource-rich and are fast developing countries. All countries recorded growth in per capita income from under $700 in 1970. China recorded the highest per capital of about $10,000 in 2018, while Nigeria had the lowest of $2,000. China and Indonesia enjoyed a steady and remarkable increase in per capita GDP during the 48-year period. Brazil and Nigeria experienced both increases and declines during intervals. Fall in per capita GDP for both countries is largely influenced by oil price crash.