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List of countries by GDP (nominal) per capita

Countries by 2019 GDP (nominal) per capita[note 1]
 >$60,000
 $50,000 - $60,000
 $40,000 - $50,000
 $30,000 - $40,000
 $20,000 - $30,000
 $10,000 - $20,000
 $5,000 - $10,000
 $2,500 - $5,000
 $1,000 - $2,500
 $500 - $1,000
 <$500
 No Data

The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population.

Therefore, these figures should be used with caution. GDP per capita is often considered an indicator of a country's standard of living;[1][2] however, this is problematic because GDP per capita is not a measure of personal income.

Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (See List of countries by GDP (PPP) per capita.) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.

Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as Kosovo, Palestine and Taiwan) are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in italics.

Note that several leading GDP-per-capita (nominal) jurisdictions may be considered tax havens, and their GDP data subject to material distortion by the tax planning activities.

All data are in current United States dollars. Historical data can be found here.

List of per capita nominal GDP for countries and dependencies

International Monetary Fund (2021 estimates)[3] World Bank (2019)[4] United Nations (2019)[5]
Country/Territory US$
  Luxembourg 131,782
  Switzerland 94,696
  Ireland 94,556
  Norway 81,995
  United States 68,309
  Denmark 67,218
  Iceland 65,273
  Singapore 64,103
  Australia 62,723
  Qatar 59,143
  Sweden 58,977
  Macau 58,004
  Netherlands 58,003
  Finland 54,330
  Austria 53,859
  Germany 51,860
  Belgium 50,103
  San Marino 49,765
  Canada 49,222
  Hong Kong 49,036
  Israel 47,602
  New Zealand 47,499
  United Kingdom 46,344
  France 44,995
  Japan 42,928
  United Arab Emirates 35,171
  Italy 34,997
  South Korea 34,866
  Brunei 33,097
  Puerto Rico 32,233
  Taiwan 32,123
  Malta 31,576
  Spain 30,996
  Bahamas 30,070
  Cyprus 29,551
  Slovenia 28,104
  Estonia 26,470
  Czech Republic 25,732
  Kuwait 25,290
  Portugal 25,065
  Bahrain 24,294
  Aruba 22,852
  Saudi Arabia 22,700
  Lithuania 22,245
  Slovakia 21,529
  Latvia 19,824
  Greece 19,673
  Hungary 18,075
  Poland 16,930
  Croatia 16,247
  Oman 16,212
  Barbados 16,036
  Trinidad and Tobago 15,752
  Uruguay 15,653
  Chile 15,617
  Romania 14,968
  Saint Kitts and Nevis 14,402
  Antigua and Barbuda 13,824
  Panama 13,690
  Palau 12,850
  China 11,819
  Costa Rica 11,806
  Maldives 11,801
  Russia 11,654
  Malaysia 11,604
  Bulgaria 11,321
  Nauru 10,125
  Kazakhstan 9,828
  Saint Lucia 9,816
  Seychelles 9,666
  Mauritius 9,639
  Turkey 9,327
  Mexico 9,246
  Guyana 9,192
  Grenada 9,171
  Argentina 9,122
  Montenegro 9,064
  Turkmenistan 9,032
  Serbia 8,807
  Gabon 8,601
  Equatorial Guinea 8,074
  Iran 8,034
  Dominican Republic 7,951
  Botswana 7,817
  Thailand 7,702
  Saint Vincent and the Grenadines 7,212
  Brazil 7,011
  Dominica 6,989
  Bosnia and Herzegovina 6,728
  Peru 6,678
  North Macedonia 6,657
  Belarus 6,487
  Albania 5,991
  Colombia 5,753
  Ecuador 5,665
  South Africa 5,444
  Jamaica 5,328
  Paraguay 5,146
  Tuvalu 5,116
  Tonga 5,081
  Fiji 5,069
  Azerbaijan 4,883
  Kosovo 4,856
  Moldova 4,638
  Iraq 4,632
  Guatemala 4,439
  Namibia 4,371
  Georgia 4,361
  Jordan 4,358
  Indonesia 4,256
  Marshall Islands 4,206
  Mongolia 4,172
  Armenia 4,125
  El Salvador 4,031
  Suriname 4,030
  Ukraine 3,984
  Belize 3,970
  Egypt 3,832
  Sri Lanka 3,830
  F.S. Micronesia 3,821
  Eswatini 3,710
  Tunisia 3,683
  Western Samoa 3,672
  Philippines 3,646
  Bolivia 3,624
  Libya 3,617
  Vietnam 3,609
  Cape Verde 3,555
  Morocco 3,415
  Algeria 3,364
  Bhutan 3,296
  Djibouti 3,214
  Palestine 3,156
  Vanuatu 2,957
  Syria (2010) 2,807
  Lebanon (2020) 2,802
  Laos 2,773
  Papua New Guinea 2,737
  Honduras 2,586
  Ivory Coast 2,567
  Congo 2,505
  Solomon Islands 2,455
  Nigeria 2,432
  Ghana 2,374
  India 2,191
  Mauritania 2,179
  São Tomé and Príncipe 2,174
  Kenya 2,129
  Bangladesh 2,122
  Angola 2,080
  Haiti 1,943
  Kiribati 1,917
  Nicaragua 1,877
  Uzbekistan 1,775
  Cambodia 1,720
  Zimbabwe 1,684
  Cameroon 1,649
  Senegal 1,622
  Pakistan (2021) 1,543
  Venezuela 1,542
  Myanmar 1,423
  Comoros 1,420
  Benin 1,388
  East Timor 1,285
  Nepal 1,236
  Lesotho 1,178
  Guinea 1,141
  Kyrgyzstan 1,123
  Tanzania 1,104
  Togo 1,016
  Mali 983
  Zambia 974
  Uganda 972
  Ethiopia 952
  Guinea-Bissau 888
  Burkina Faso 876
  Gambia 834
  Rwanda 821
  Tajikistan 810
  Sudan 787
  Yemen 754
  Chad 741
  Liberia 700
  Niger 633
  Eritrea 625
  Afghanistan 592
  DR Congo 588
  Central African Republic 552
  Sierra Leone 542
  Madagascar 521
  Malawi 432
  Mozambique 425
  Somalia 347
  South Sudan 315
  Burundi 265
Country/Territory US$
  Monaco (2018) 185,741
  Liechtenstein (2017) 173,356
  Luxembourg 114,705
  Macau 84,096
  Switzerland 81,994
  Ireland 78,661
  Norway 75,420
  Iceland 66,945
  United States 65,281
  Singapore 65,233
  Qatar 64,782
  Denmark 59,822
  Australia 54,907
  Netherlands 52,448
  Sweden 51,610
  Austria 50,277
  Hong Kong 48,756
  Finland 48,686
  San Marino (2018) 48,481
  Germany 46,259
  Canada 46,195
  Belgium 46,117
  Israel 43,641
  United Arab Emirates 43,103
  United Kingdom 42,300
  New Zealand 42,084
  Andorra 40,886
  France 40,494
  Japan 40,247
  European Union 34,843
  Italy 33,190
  Bahamas 32,934
  Puerto Rico 32,874
  Kuwait 32,032
  South Korea 31,762
  Brunei 31,087
  Spain 29,614
  Malta 29,416
  Cyprus 27,858
  Slovenia 25,739
  Estonia 23,660
  Bahrain 23,504
  Czech Republic 23,495
  Portugal 23,145
  Saudi Arabia 23,140
  Saint Kitts and Nevis 19,897
  Greece 19,583
  Lithuania 19,456
  Slovakia 19,329
  Barbados 18,148
  Latvia 17,836
  Antigua and Barbuda 17,790
  Seychelles 17,402
  Trinidad and Tobago 17,277
  Hungary 16,476
  Uruguay 16,190
  Palau 15,859
  Panama 15,731
  Poland 15,595
  Oman 15,474
  Chile 14,897
  Croatia 14,853
  Romania 12,920
  Costa Rica 12,238
  Saint Lucia 11,611
  Russia 11,585
World 11,429
  Malaysia 11,415
  Mauritius 11,204
  Grenada 10,966
  Maldives 10,791
  China 10,262
  Argentina 10,006
  Mexico 9,863
  Bulgaria 9,738
  Kazakhstan 9,731
  Nauru 9,397
  Turkey 9,043
  Montenegro 8,832
  Cuba (2018) 8,822
  Brazil 8,717
  Dominica 8,300
  Dominican Republic 8,282
  Equatorial Guinea 8,132
  Botswana 7,961
  Thailand 7,808
  Lebanon 7,784
  Libya 7,684
  Gabon 7,667
  Saint Vincent and the Grenadines 7,464
  Serbia 7,402
  Peru 6,978
  Turkmenistan 6,967
  Suriname 6,855
  Belarus 6,663
  Colombia 6,432
  Fiji 6,220
  Ecuador 6,184
  North Macedonia 6,093
  Bosnia and Herzegovina 6,073
  Iraq 5,855
  Iran 5,701
  Jamaica 5,582
  South Africa 5,520
  Guyana 5,468
  Paraguay 5,415
  Albania 5,353
  Namibia 4,958
  Belize 4,815
  Azerbaijan 4,794
  Georgia 4,769
  Armenia 4,623
  Guatemala 4,620
  Moldova 4,499
  Kosovo 4,418
  Tonga (2018) 4,364
  Jordan 4,330
  Samoa 4,316
  Mongolia 4,295
  El Salvador 4,187
  Indonesia 4,136
  Tuvalu 4,059
  Algeria 3,948
  Sri Lanka 3,853
  Eswatini 3,837
  Marshall Islands (2008) 3,788
  Ukraine 3,659
  Cape Verde 3,604
  F.S. Micronesia (2018) 3,568
  Bolivia 3,552
  Philippines 3,485
  Djibouti 3,409
  Tunisia 3,318
  Bhutan (2008) 3,243
  Morocco 3,204
  Palestine (2008) 3,199
  Vanuatu 3,058
  Egypt 3,020
  Angola 2,974
  Papua New Guinea 2,845
  Vietnam 2,715
  Honduras 2,575
  Laos 2,535
  Ivory Coast 2,286
  Nigeria 2,230
  Ghana 2,202
  Solomon Islands 2,128
  India 2,104
  Syria (2007) 2,033
  Congo 2,011
  São Tomé and Príncipe 1,995
  Nicaragua 1,913
  Bangladesh 1,909
  Kenya 1,817
  Uzbekistan 1,725
  Mauritania 1,678
  Kiribati 1,655
  Cambodia 1,643
  Pakistan (2021) 1,543
  Cameroon 1,498
  Zimbabwe 1,464
  Senegal 1,447
  Myanmar 1,408
  Comoros 1,394
  Kyrgyzstan 1,309
  East Timor 1,294
  Zambia 1,291
  Benin 1,219
  Lesotho 1,158
  Tanzania 1,122
  Nepal 1,071
  Guinea 1,064
  Yemen 968
  Mali 891
  Tajikistan 871
  Ethiopia 858
  Rwanda 802
  Uganda 777
  Burkina Faso 775
  Haiti 755
  Gambia 751
  Chad 710
  Guinea-Bissau 698
  Togo 676
  Liberia 622
  Niger 555
  DR Congo 545
  Madagascar 522
  Sierra Leone 505
  Afghanistan 502
  Mozambique 492
  Central African Republic 468
  Sudan 442
  Malawi 412
  Burundi 261
Country/Territory US$
  Monaco 190,532
  Liechtenstein 179,258
  Luxembourg 115,481
  Bermuda 117,768
  Cayman Islands 92,692
  Switzerland 85,135
  Macau 84,097
  Ireland 81,637
  Norway 74,986
  Iceland 71,345
  United States 65,134
  Qatar 64,782
  Singapore 64,103
  Denmark 60,657
  Australia 54,763
  Greenland 53,353
  Netherlands 53,053
  Sweden 52,896
  Austria 49,701
  Hong Kong 49,180
  Finland 48,678
  British Virgin Islands 48,511
  San Marino 47,313
  Canada 46,550
  Israel 46,376
  Germany 46,232
  Belgium 46,198
  New Zealand 43,264
  United Arab Emirates 43,103
  United Kingdom 41,855
  Andorra 40,887
  France 40,319
  Japan 40,063
  Puerto Rico 35,791
  New Caledonia 34,942
  Bahamas 34,864
  Malta 33,752
  Italy 33,090
  South Korea 32,143
  Kuwait 31,999
  Turks and Caicos Islands 31,353
  Brunei 31,086
  Aruba 30,975
  Spain 29,816
  European Union 28,896
  Cyprus 28,285
  Americas 28,239
  Slovenia 26,062
  Anguilla 25,529
  Estonia 23,740
  Bahrain 23,504
  Czech Republic 23,452
  Portugal 23,350
  Saudi Arabia 23,140
  Cook Islands 21,603
  French Polynesia 21,567
  Saint Kitts and Nevis 19,896
  Lithuania 19,795
  Greece 19,604
  Slovakia 19,256
  Curaçao 18,980
  Barbados 18,149
  Latvia 17,885
  Seychelles 17,382
  Antigua and Barbuda 17,113
  Hungary 16,879
  Trinidad and Tobago 16,637
  Uruguay 16,190
  Panama 15,728
  Poland 15,727
  Palau 15,572
  Oman 15,343
  Chile 14,896
  Croatia 14,627
  Montserrat 13,487
  Romania 12,914
  Costa Rica 12,238
  Nauru 12,351
  Saint Lucia 11,611
  Russia 11,606
  Malaysia 11,414
World 11,339
  Mauritius 11,169
  Grenada 10,818
  Maldives 10,626
  Argentina 10,041
  China 10,004
  Mexico 9,849
  Kazakhstan 9,793
  Bulgaria 9,703
  Cuba 9,296
  Turkey 9,127
  Montenegro 8,825
  Brazil 8,755
Central America 8,606
  South America 8,238
  Dominican Republic 8,282
  Equatorial Guinea 8,130
  Turkmenistan 8,124
  Dominica 8,111
  Botswana 7,961
  Thailand 7,785
  Lebanon 7,784
  Gabon 7,773
  Saint Vincent and the Grenadines 7,464
  Serbia 7,359
  Iran 7,282
  Peru 6,978
  Belarus 6,674
  Guyana 6,610
  Colombia 6,432
  Suriname 6,360
  Fiji 6,185
  Ecuador 6,184
  Bosnia and Herzegovina 6,109
  North Macedonia 6,093
  South Africa 6,001
  Iraq 5,730
  Paraguay 5,406
  Jamaica 5,369
  Albania 5,303
  Namibia 4,957
  Belize 4,884
  Tonga 4,865
  Libya 4,810
  Azerbaijan 4,782
  Venezuela 4,733
  Armenia 4,623
  Kosovo 4,473
  Georgia 4,439
  Jordan 4,405
  Guatemala 4,363
  Mongolia 4,295
  Samoa 4,285
  El Salvador 4,187
  Indonesia 4,136
  Marshall Islands 4,038
  Tuvalu 4,036
  Eswatini 4,002
  Algeria 3,976
  Sri Lanka 3,940
  F.S. Micronesia 3,640
  Cape Verde 3,604
  Bolivia 3,552
  Ukraine 3,496
 Palestine 3,424
  Bhutan 3,361
  Philippines 3,324
  Tunisia 3,318
  Morocco 3,282
  Djibouti 3,252
  Egypt 3,161
  Vanuatu 3,023
  Moldova 2,957
  Papua New Guinea 2,845
  Vietnam 2,715
  Angola 2,671
  Laos 2,625
  Honduras 2,575
  Nigeria 2,361
  Congo 2,304
  Ivory Coast 2,276
  Southeast Asia 2,187
  Ghana 2,203
  India 2,116
  São Tomé and Príncipe 1,961
  Solomon Islands 1,945
  Nicaragua 1,913
  Africa 1,884
  Bangladesh 1,846
  Kenya 1,817
  Uzbekistan 1,756
  Mauritania 1,678
  Kiribati 1,657
  Cambodia 1,644
  East Timor 1,561
  Pakistan (2021) 1,543
  Cameroon 1,534
  Zimbabwe 1,464
  Senegal 1,452
  Myanmar 1,421
  Comoros 1,370
  Kyrgyzstan 1,318
  Zambia 1,292
  Benin 1,220
  Syria 1,194
  Lesotho 1,158
  Tanzania 1,084
  Nepal 1,074
  Guinea 967
  Togo 899
  Tajikistan 894
  Mali 887
  Yemen 855
  Ethiopia 828
  Rwanda 820
  Sudan 815
  Burkina Faso 787
  Gambia 776
  Uganda 737
  Haiti 715
  Chad 707
  Guinea-Bissau 688
  North Korea 640
  Eritrea 567
  Niger 555
  DR Congo 545
  Sierra Leone 528
  Madagascar 523
  Liberia 523
  Mozambique 504
  Afghanistan 470
  Central African Republic 468
  South Sudan 448
  Malawi 435
  Burundi 260
  Somalia 105

Distorted GDP-per-capita for tax havens

Many of leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries.

For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. To address this, in 2017 the Central Bank of Ireland created "modified GNI" (or GNI*) as a more appropriate statistic, and the OECD and IMF have adopted it for Ireland. 2015 Irish GDP is 143% of 2015 Irish GNI*.

A stunning $12 trillion—almost 40 percent of all foreign direct investment positions globally—is completely artificial: it consists of financial investment passing through empty corporate shells with no real activity. These investments in empty corporate shells almost always pass through well-known tax havens. The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.

— "Piercing the Veil", International Monetary Fund, June 2018[6]

Further discussion on this topic can be found in the List of countries by GDP (PPP) per capita article.

See also

References

  1. ^ O'Sullivan, Arthur
  2. ^ French President seeks alternatives to GDP, The Guardian 14-09-2009.
    "European Parliament, Policy Department Economic and Scientific Policy: Beyond GDP Study" (PDF). (1.47 MB)
  3. ^ "World Economic Outlook Database, April 2021". World Economic Outlook. International Monetary Fund. April 2021. Retrieved 7 April 2021.
  4. ^ Data refer mostly to the year 2018.[1] Selecting all countries, GDP per capita (current US$), World Bank. Accessed on 1st of July 2020.
  5. ^ [2], (Select all countries, "GDP, Per Capita GDP - US Dollars", and 2019 to generate table), United Nations Statistics Division. Accessed on 1 December 2020.
  6. ^ "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. 55, NO. 2". IMF Finance & Development. June 2018.
  1. ^ Based on the IMF data. If no data was available for a country from IMF, data from the World Bank is used

External links


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