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List of countries by GDP (nominal) per capita

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Countries or territories 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  8,748
 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
 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
 Venezuela  1,542
 Myanmar  1,423
 Comoros  1,420
 Benin  1,388
 East Timor  1,285
 Pakistan  (2020) 1,260
 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
 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
 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
 Pakistan  1,284
 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
 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
 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
 Pakistan  1,187
 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