This is a list of countries by nominal GDP per capita.
GDP per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
Comparisons of GDP per capita 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.
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.
For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth.
Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition are included in the list in cases in which they appear in the sources. These economies are not ranked in the charts here (except Kosovo and Taiwan), but are listed in sequence by GDP for comparison. In addition, non-sovereign entities are marked in italics. Four UN members (Cuba, Liechtenstein, Monaco and North Korea) do not belong to the International Monetary Fund (IMF), hence their economies are not ranked below. Kosovo, despite not being a member of the United Nations, is a member of IMF. Taiwan is not a IMF member but it is still listed in the official IMF indices.
Several leading GDP-per-capita (nominal) jurisdictions may be considered tax havens, and their GDP data subject to material distortion by tax-planning activities. Examples include Bermuda, the Cayman Islands, Ireland and Luxembourg.
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This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
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. PPP takes into account the relative cost of living , rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income.
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [ 5 ] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [ 6 ] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades ...
(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.
Jan 7, 2024 · With above 126k USD, Luxembourg has the highest GDP (nominal) per capita globally in 2022, which is almost ten times of the world GDP per capita and over 407 times of lowest-ranked Burundi of US$311. In World Bank data, Monaco and Liechtenstein have better per capita gdp than Luxembourg. Eighteen economies have per capita income above $50,000.
GDP per capita (nominal) is a raw figure that does not take into account the differences in the cost of living between one country and another. In contrast, GDP per capita (PPP) factors in each country’s relative cost of living and inflation rate.
Jan 28, 2025 · GDP per capita ranking has been occupied by smaller economies, as among the top 10 list, only two economies (the United States and Switzerland) are in the top 20 list of GDP (nominal) ranking, and only three economies (the United States, Singapore, and Switzerland) are in the top 40 lists of PPP ranking.
GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. CSV XML EXCEL. ... Country. Most Recent Year.
Topping the list of countries with the highest GDP per capita is Monaco, with an impressive $178.2K Gross Domestic Product Per Capita. Following closely is Liechtenstein with a GDP per Capita of $156.5K. The third highest comes from Bermuda, reporting a GDP per Capita of $95.6K.
Jan 25, 2024 · Below you can find a list with all the countries in the world sorted by their GDP per capita (2024 data from the World Bank; in USD dollars). I hope you find it useful. 2. COUNTRIES BY GDP PER CAPITA (2024) Luxembourg: $142,213; Singapore: $127,564; Ireland: $126,905; Norway: $114,898; Qatar: $114,648; United Arab Emirates: $87,729; Switzerland ...
