Page semi-protected

List of countries by GDP (nominal) per capita

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

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]
Rank Country/Territory US$
1  Luxembourg 131,782
2   Switzerland 94,696
3  Ireland 94,556
4  Norway 81,995
5  United States 68,309
6  Denmark 67,218
7  Iceland 65,273
8  Singapore 64,103
9  Australia 62,723
10  Qatar 59,143
11  Sweden 58,977
 Macau 58,004
12  Netherlands 58,003
13  Finland 54,330
14  Austria 53,859
15  Germany 51,860
16  Belgium 50,103
17  San Marino 49,765
18  Canada 49,222
 Hong Kong 49,036
19  Israel 47,602
20  New Zealand 47,499
21  United Kingdom 46,344
22  France 44,995
23  Japan 42,928
24  United Arab Emirates 35,171
25  Italy 34,997
26  South Korea 34,866
27  Brunei 33,097
 Puerto Rico 32,233
28  Malta 31,576
29  Spain 30,996
30  Bahamas 30,070
31  Cyprus 29,551
 Taiwan 28,889
32  Slovenia 28,104
33  Estonia 26,470
34  Czech Republic 25,732
35  Kuwait 25,290
36  Portugal 25,065
37  Bahrain 24,294
 Aruba 22,852
38  Saudi Arabia 22,700
39  Lithuania 22,245
40  Slovakia 21,529
41  Latvia 19,824
42  Greece 19,673
43  Hungary 18,075
44  Poland 16,930
45  Croatia 16,247
46  Oman 16,212
47  Barbados 16,036
48  Trinidad and Tobago 15,752
49  Uruguay 15,653
50  Chile 15,617
51  Romania 14,968
52  Saint Kitts and Nevis 14,402
53  Antigua and Barbuda 13,824
54  Panama 13,690
55  Palau 12,850
56  China 11,819
57  Costa Rica 11,806
58  Maldives 11,801
59  Russia 11,654
60  Malaysia 11,604
61  Bulgaria 11,321
62  Nauru 10,125
63  Kazakhstan 9,828
64  Saint Lucia 9,816
65  Seychelles 9,666
66  Mauritius 9,639
67  Turkey 9,327
68  Mexico 9,246
69  Guyana 9,192
70  Grenada 9,171
71  Argentina 9,122
72  Montenegro 9,064
73  Turkmenistan 9,032
74  Serbia 8,748
75  Gabon 8,601
76  Equatorial Guinea 8,074
77  Iran 8,034
78  Dominican Republic 7,951
79  Botswana 7,817
80  Thailand 7,702
81  Saint Vincent and the Grenadines 7,212
82  Brazil 7,011
83  Dominica 6,989
84  Bosnia and Herzegovina 6,728
85  Peru 6,678
86  North Macedonia 6,657
87  Belarus 6,487
88  Albania 5,991
89  Colombia 5,753
90  Ecuador 5,665
91  South Africa 5,444
92  Jamaica 5,328
93  Paraguay 5,146
94  Tuvalu 5,116
95  Tonga 5,081
96  Fiji 5,069
97  Azerbaijan 4,883
 Kosovo 4,856
98  Moldova 4,638
99  Iraq 4,632
100  Guatemala 4,439
101  Namibia 4,371
102  Georgia 4,361
103  Jordan 4,358
104  Indonesia 4,256
105  Marshall Islands 4,206
106  Mongolia 4,172
107  Armenia 4,125
108  El Salvador 4,031
109  Suriname 4,030
110  Ukraine 3,984
111  Belize 3,970
112  Egypt 3,832
113  Sri Lanka 3,830
114  Federated States of Micronesia 3,821
115  Eswatini 3,710
116  Tunisia 3,683
117  Samoa 3,672
118  Philippines 3,646
119  Bolivia 3,624
120  Libya 3,617
121  Vietnam 3,609
122  Cape Verde 3,555
123  Morocco 3,415
124  Algeria 3,364
125  Bhutan 3,296
126  Djibouti 3,214
 Palestine 3,156
127  Vanuatu 2,957
128  Syria (2010) 2,807
129  Lebanon (2020) 2,802
130  Laos 2,773
131  Papua New Guinea 2,737
132  Honduras 2,586
133  Ivory Coast 2,567
134  Republic of the Congo 2,505
135  Solomon Islands 2,455
136  Nigeria 2,432
137  Ghana 2,374
138  India 2,191
139  Mauritania 2,179
140  São Tomé and Príncipe 2,174
141  Kenya 2,129
142  Bangladesh 2,122
143  Angola 2,080
144  Haiti 1,943
145  Kiribati 1,917
146  Nicaragua 1,877
147  Uzbekistan 1,775
148  Cambodia 1,720
149  Zimbabwe 1,684
150  Cameroon 1,649
151  Senegal 1,622
152  Venezuela 1,542
153  Myanmar 1,423
154  Comoros 1,420
155  Benin 1,388
156  Timor-Leste 1,285
157  Pakistan (2020) 1,260
158    Nepal 1,236
159  Lesotho 1,178
160  Guinea 1,141
161  Kyrgyzstan 1,123
162  Tanzania 1,104
163  Togo 1,016
164  Mali 983
165  Zambia 974
166  Uganda 972
167  Ethiopia 952
168  Guinea-Bissau 888
169  Burkina Faso 876
170  Gambia 834
171  Rwanda 821
172  Tajikistan 810
173  Sudan 787
174  Yemen 754
175  Chad 741
176  Liberia 700
177  Niger 633
178  Eritrea 625
179  Afghanistan 592
180  Democratic Republic of the Congo 588
181  Central African Republic 552
182  Sierra Leone 542
183  Madagascar 521
184  Malawi 432
185  Mozambique 425
186  Somalia 347
187  South Sudan 315
188  Burundi 265
Rank Country/Territory US$
1  Monaco (2018) 185,741
2  Liechtenstein (2017) 173,356
3  Luxembourg 114,705
 Macau 84,096
4   Switzerland 81,994
5  Ireland 78,661
6  Norway 75,420
7  Iceland 66,945
8  United States 65,281
9  Singapore 65,233
10  Qatar 64,782
11  Denmark 59,822
12  Australia 54,907
13  Netherlands 52,448
14  Sweden 51,610
15  Austria 50,277
 Hong Kong 48,756
16  Finland 48,686
17  San Marino (2018) 48,481
18  Germany 46,259
19  Canada 46,195
20  Belgium 46,117
21  Israel 43,641
22  United Arab Emirates 43,103
23  United Kingdom 42,300
24  New Zealand 42,084
25  Andorra 40,886
26  France 40,494
27  Japan 40,247
 European Union 34,843
28  Italy 33,190
29  Bahamas, The 32,934
 Puerto Rico 32,874
30  Kuwait 32,032
31  Korea, South 31,762
32  Brunei 31,087
33  Spain 29,614
34  Malta 29,416
35  Cyprus 27,858
36  Slovenia 25,739
37  Estonia 23,660
38  Bahrain 23,504
39  Czech Republic 23,495
40  Portugal 23,145
41  Saudi Arabia 23,140
42  Saint Kitts and Nevis 19,897
43  Greece 19,583
44  Lithuania 19,456
45  Slovakia 19,329
46  Barbados 18,148
47  Latvia 17,836
48  Antigua and Barbuda 17,790
49  Seychelles 17,402
50  Trinidad and Tobago 17,277
51  Hungary 16,476
52  Uruguay 16,190
54  Palau 15,859
55  Panama 15,731
56  Poland 15,595
57  Oman 15,474
58  Chile 14,897
59  Croatia 14,853
60  Romania 12,920
61  Costa Rica 12,238
62  Saint Lucia 11,611
63  Russia 11,585
World 11,429
64  Malaysia 11,415
65  Mauritius 11,204
66  Grenada 10,966
67  Maldives 10,791
68  China 10,262
69  Argentina 10,006
70  Mexico 9,863
71  Bulgaria 9,738
72  Kazakhstan 9,731
73  Nauru 9,397
74  Turkey 9,043
75  Montenegro 8,832
76  Cuba (2018) 8,822
77  Brazil 8,717
78  Dominica 8,300
79  Dominican Republic 8,282
80  Equatorial Guinea 8,132
81  Botswana 7,961
82  Thailand 7,808
83  Lebanon 7,784
84  Libya 7,684
85  Gabon 7,667
86  Saint Vincent and the Grenadines 7,464
87  Serbia 7,402
88  Peru 6,978
89  Turkmenistan 6,967
90  Suriname 6,855
91  Belarus 6,663
92  Colombia 6,432
93  Fiji 6,220
94  Ecuador 6,184
95  North Macedonia 6,093
96  Bosnia and Herzegovina 6,073
97  Iraq 5,855
98  Iran 5,701
99  Jamaica 5,582
100  South Africa 5,520
101  Guyana 5,468
102  Paraguay 5,415
103  Albania 5,353
104  Namibia 4,958
105  Belize 4,815
106  Azerbaijan 4,794
107  Georgia 4,769
108  Armenia 4,623
109  Guatemala 4,620
110  Moldova 4,499
 Kosovo 4,418
111  Tonga (2018) 4,364
112  Jordan 4,330
113  Samoa 4,316
114  Mongolia 4,295
115  El Salvador 4,187
116  Indonesia 4,136
117  Tuvalu 4,059
118  Algeria 3,948
119  Sri Lanka 3,853
120  Eswatini 3,837
121  Marshall Islands (2008) 3,788
122  Ukraine 3,659
123  Cape Verde 3,604
124  Micronesia (2018) 3,568
125  Bolivia 3,552
126  Philippines 3,485
127  Djibouti 3,409
128  Tunisia 3,318
129  Bhutan (2008) 3,243
130  Morocco 3,204
 West Bank and Gaza (2008) 3,199
131  Vanuatu 3,058
132  Egypt 3,020
133  Angola 2,974
134  Papua New Guinea 2,845
135  Vietnam 2,715
136  Honduras 2,575
137  Laos 2,535
138  Côte d'Ivoire 2,286
139  Nigeria 2,230
140  Ghana 2,202
141  Solomon Islands 2,128
142  India 2,104
143  Syrian Arab Republic (2007) 2,033
144  Congo, Republic of the 2,011
145  São Tomé and Príncipe 1,995
146  Nicaragua 1,913
147  Bangladesh 1,909
148  Kenya 1,817
149  Uzbekistan 1,725
150  Mauritania 1,678
151  Kiribati 1,655
152  Cambodia 1,643
153  Cameroon 1,498
154  Zimbabwe 1,464
155  Senegal 1,447
156  Myanmar 1,408
157  Comoros 1,394
158  Pakistan 1,349
159  Kyrgyzstan 1,309
160  East Timor 1,294
161  Zambia 1,291
162  Benin 1,219
163  Lesotho 1,158
164  Tanzania 1,122
165    Nepal 1,071
166  Guinea 1,064
167  Yemen 968
168  Mali 891
169  Tajikistan 871
170  Ethiopia 858
171  Rwanda 802
172  Uganda 777
173  Burkina Faso 775
174  Haiti 755
175  Gambia, The 751
176  Chad 710
177  Guinea-Bissau 698
178  Togo 676
179  Liberia 622
180  Niger 555
181  Congo, Democratic Republic of the 545
182  Madagascar 522
183  Sierra Leone 505
184  Afghanistan 502
185  Mozambique 492
186  Central African Republic 468
187  Sudan 442
188  Malawi 412
189  Burundi 261
Rank Country/Territory US$
1  Monaco 190,532
2  Liechtenstein 179,258
3  Luxembourg 115,481
 Bermuda 117,768
 Cayman Islands 92,692
4   Switzerland 85,135
 Macau 84,097
5  Ireland 81,637
6  Norway 74,986
7  Iceland 71,345
8  United States 65,134
9  Qatar 64,782
10  Singapore 64,103
11  Denmark 60,657
12  Australia 54,763
 Greenland 53,353
13  Netherlands 53,053
14  Sweden 52,896
15  Austria 49,701
 Hong Kong 49,180
16  Finland 48,678
 Virgin Islands, British 48,511
17  San Marino 47,313
18  Canada 46,550
19  Israel 46,376
20  Germany 46,232
21  Belgium 46,198
22  New Zealand 43,264
23  United Arab Emirates 43,103
24  United Kingdom 41,855
25  Andorra 40,887
26  France 40,319
27  Japan 40,063
 Puerto Rico 35,791
 New Caledonia 34,942
28  Bahamas, The 34,864
29  Malta 33,752
30  Italy 33,090
31  Korea, South 32,143
32  Kuwait 31,999
 Turks and Caicos Islands 31,353
33  Brunei 31,086
 Aruba 30,975
34  Spain 29,816
 European Union 28,896
35  Cyprus 28,285
Americas 28,239
36  Slovenia 26,062
 Anguilla 25,529
37  Estonia 23,740
38  Bahrain 23,504
39  Czech Republic 23,452
40  Portugal 23,350
41  Saudi Arabia 23,140
 Cook Islands 21,603
 French Polynesia 21,567
42  Saint Kitts and Nevis 19,896
43  Lithuania 19,795
44  Greece 19,604
45  Slovakia 19,256
 Curaçao 18,980
46  Barbados 18,149
47  Latvia 17,885
48  Seychelles 17,382
49  Antigua and Barbuda 17,113
50  Hungary 16,879
51  Trinidad and Tobago 16,637
52  Uruguay 16,190
53  Panama 15,728
54  Poland 15,727
55  Palau 15,572
56  Oman 15,343
57  Chile 14,896
58  Croatia 14,627
 Montserrat 13,487
59  Romania 12,914
60  Costa Rica 12,238
61  Nauru 12,351
62  Saint Lucia 11,611
63  Russia 11,606
64  Malaysia 11,414
World 11,339
65  Mauritius 11,169
66  Grenada 10,818
67  Maldives 10,626
68  Argentina 10,041
69  China 10,004
70  Mexico 9,849
71  Kazakhstan 9,793
72  Bulgaria 9,703
73  Cuba 9,296
74  Turkey 9,127
75  Montenegro 8,825
76  Brazil 8,755
Central America 8,606
 South America 8,238
77  Dominican Republic 8,282
78  Equatorial Guinea 8,130
79  Turkmenistan 8,124
80  Dominica 8,111
81  Botswana 7,961
82  Thailand 7,785
83  Lebanon 7,784
84  Gabon 7,773
85  Saint Vincent and the Grenadines 7,464
86  Serbia 7,359
87  Iran 7,282
88  Peru 6,978
89  Belarus 6,674
90  Guyana 6,610
91  Colombia 6,432
92  Suriname 6,360
93  Fiji 6,185
94  Ecuador 6,184
95  Bosnia and Herzegovina 6,109
96  North Macedonia 6,093
97  South Africa 6,001
98  Iraq 5,730
99  Paraguay 5,406
100  Jamaica 5,369
101  Albania 5,303
102  Namibia 4,957
103  Belize 4,884
104  Tonga 4,865
105  Libya 4,810
106  Azerbaijan 4,782
107  Venezuela 4,733
108  Armenia 4,623
 Kosovo 4,473
109  Georgia 4,439
110  Jordan 4,405
111  Guatemala 4,363
112  Mongolia 4,295
113  Samoa 4,285
114  El Salvador 4,187
115  Indonesia 4,136
116  Marshall Islands 4,038
117  Tuvalu 4,036
118  Eswatini 4,002
119  Algeria 3,976
120  Sri Lanka 3,940
121  Micronesia 3,640
122  Cape Verde 3,604
123  Bolivia 3,552
124  Ukraine 3,496
 Palestine 3,424
125  Bhutan 3,361
126  Philippines 3,324
127  Tunisia 3,318
128  Morocco 3,282
129  Djibouti 3,252
130  Egypt 3,161
131  Vanuatu 3,023
132  Moldova 2,957
133  Papua New Guinea 2,845
134  Vietnam 2,715
135  Angola 2,671
136  Laos 2,625
137  Honduras 2,575
138  Nigeria 2,361
139  Congo, Republic of the 2,304
140  Côte d'Ivoire 2,276
Association of Southeast Asian Nations Southeast Asia 2,187
141  Ghana 2,203
142  India 2,116
143  São Tomé and Príncipe 1,961
144  Solomon Islands 1,945
145  Nicaragua 1,913
Africa 1,884
146  Bangladesh 1,846
147  Kenya 1,817
148  Uzbekistan 1,756
149  Mauritania 1,678
150  Kiribati 1,657
151  Cambodia 1,644
152  East Timor 1,561
153  Cameroon 1,534
154  Zimbabwe 1,464
155  Senegal 1,452
156  Myanmar 1,421
157  Comoros 1,370
158  Kyrgyzstan 1,318
159  Zambia 1,292
160  Benin 1,220
161  Syria 1,194
162  Pakistan 1,187
163  Lesotho 1,158
164  Tanzania 1,084
165    Nepal 1,074
166  Guinea 967
167  Togo 899
168  Tajikistan 894
169  Mali 887
170  Yemen 855
171  Ethiopia 828
172  Rwanda 820
173  Sudan 815
174  Burkina Faso 787
175  Gambia, The 776
176  Uganda 737
177  Haiti 715
178  Chad 707
179  Guinea-Bissau 688
180  Korea, North 640
181  Eritrea 567
182  Niger 555
183  Congo, Democratic Republic of the 545
184  Sierra Leone 528
185  Madagascar 523
186  Liberia 523
187  Mozambique 504
188  Afghanistan 470
189  Central African Republic 468
190  South Sudan 448
191  Malawi 435
192  Burundi 260
193  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