List of countries by GDP (nominal) per capita Information

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Countries by 2018 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
  <$1,000

This page lists the countries of the world sorted by their gross domestic product per capita at nominal values. This is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year.

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 many of leading GDP-per-capita (nominal) jurisdictions, such as Ireland, are tax havens. Their GDP data are subject to material distortion by the tax planning activities of foreign multinationals. 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.

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 (2020 estimates) [3] World Bank (2019) [4] United Nations (2018) [5]
Rank Country/Territory US$
1   Luxembourg 109,602
2    Switzerland 81,867
3   Ireland 79,669
4   Norway 67,989
5   United States 63,051
6   Singapore 58,484
7   Denmark 58,439
8   Iceland 57,189
9   Qatar 52,751
10   Australia 51,885
11   Netherlands 51,290
12   Sweden 50,339
13   Austria 48,634
14   Finland 48,461
15   Germany 45,466
  Hong Kong 45,176
16   Belgium 43,814
17   Canada 42,080
18   San Marino 41,683
19   Israel 41,560
20   France 39,257
21   United Kingdom 39,229
22   Japan 39,048
  Macau 38,769
23   New Zealand 38,675
24   United Arab Emirates 31,948
25   Italy 30,657
26   South Korea 30,644
  Puerto Rico 30,113
27   Bahamas, The 30,027
28   Malta 28,469
  Taiwan 26,910
29   Spain 26,832
30   Cyprus 26,240
31   Slovenia 25,039
32   Brunei 23,117
33   Estonia 22,986
34   Bahrain 22,878
35   Czech Republic 22,627
36   Kuwait 22,252
37   Portugal 21,608
  Aruba 20,310
38   Lithuania 19,883
39   Saudi Arabia 19,587
40   Slovakia 18,669
41   Greece 18,168
42   Latvia 17,230
43   Trinidad and Tobago 16,197
44   Barbados 16,082
45   Hungary 15,373
46   Uruguay 15,332
47   Poland 15,304
48   Saint Kitts and Nevis 15,246
49   Oman 14,423
50   Palau 14,233
51   Antigua and Barbuda 14,159
52   Panama 14,090
53   Croatia 14,033
54   Romania 12,813
55   Chile 12,612
56   Maldives 12,464
57   Seychelles 12,323
58   Costa Rica 11,629
59   China 10,839
60   Malaysia 10,192
61   Russia 9,972
62   Bulgaria 9,826
63   Grenada 9,824
64   Saint Lucia 9,780
65   Mauritius 8,951
66   Nauru 8,867
67   Kazakhstan 8,782
68   Guyana 8,649
69   Argentina 8,433
70   Turkmenistan 8,074
71   Mexico 8,069
72   Montenegro 7,933
73   Turkey 7,715
74   Dominica 7,709
75   Serbia 7,497
76   Dominican Republic 7,445
77   Thailand 7,295
78   Iran 7,257
79   Gabon 7,185
80   Equatorial Guinea 7,131
81   Saint Vincent and the Grenadines 7,033
82   Botswana 6,558
83   Brazil 6,450
84   Belarus 6,134
85   North Macedonia 6,019
86   Peru 5,845
87   Bosnia and Herzegovina 5,762
88   Ecuador 5,316
89   Jamaica 5,221
90   Colombia 5,207
91   Tonga 5,023
92   Paraguay 4,909
93   Albania 4,898
94   South Africa 4,736
95   Iraq 4,438
96   Georgia 4,405
97   Fiji 4,371
98   Armenia 4,315
99   Moldova 4,268
100   Guatemala 4,240
101   Suriname 4,199
102   Jordan 4,174
  Kosovo 4,141
103   Azerbaijan 4,125
104   Tuvalu 4,091
105   Samoa 4,084
106   Marshall Islands 4,071
107   Namibia 4,052
108   Indonesia 4,038
109   Mongolia 3,990
110   Micronesia 3,855
111   El Salvador 3,821
112   Belize 3,734
113   Sri Lanka 3,698
114   Egypt 3,561
115   Vietnam 3,498
116   Bhutan 3,431
117   Ukraine 3,425
118   Eswatini 3,415
119   Philippines 3,373
120   Cape Verde 3,358
121   Algeria 3,331
122   Bolivia 3,322
123   Tunisia 3,295
124   Libya 3,282
125   Morocco 3,121
126   Djibouti 3,074
127   Vanuatu 2,879
128   Lebanon 2,745
129   Papua New Guinea 2,652
130   Laos 2,567
131   Honduras 2,412
132   Solomon Islands 2,367
133   Côte d'Ivoire 2,281
134   Ghana 2,188
135   Nigeria 2,149
136   Congo, Republic of the 2,128
137   Syria 2,114
138   Kenya 2,075
139   Angola 2,021
140   São Tomé and Príncipe 1,912
141   Bangladesh 1,888
142   India 1,877
143   Nicaragua 1,832
144   Mauritania 1,791
145   Uzbekistan 1,763
146   Venezuela 1,739
147   Kiribati 1,638
148   Cambodia 1,572
149   Cameroon 1,493
150   East Timor 1,456
151   Senegal 1,455
152   Comoros 1,337
153   Myanmar 1,333
154   Benin 1,259
155   Kyrgyzstan 1,148
156     Nepal 1,116
157   Tanzania 1,106
158   Guinea 1,019
159   Zambia 1,001
160   Ethiopia 974
161   Lesotho 924
162   Zimbabwe 922
163   Uganda 915
164   Mali 899
165   Tajikistan 834
166   Rwanda 823
167   Burkina Faso 769
168   Guinea-Bissau 767
169   Gambia, The 746
170   Sudan 735
171   Haiti 732
172   Togo 690
173   Liberia 654
174   Yemen 645
175   Chad 640
176   Eritrea 585
177   Niger 536
178   Sierra Leone 518
179   Madagascar 515
180   Afghanistan 499
181   Central African Republic 480
182   Congo, Democratic Republic of the 457
183   Mozambique 455
184   Malawi 399
185   South Sudan 303
186   Burundi 264
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   Portugal 23,145
40   Saudi Arabia 23,140
41   Czech Republic 23,102
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
53   Venezuela (2014) 16,055
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   South Africa 6,001
98   Iraq 5,955
99   Jamaica 5,582
100   Iran (2017) 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 1,856
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   Kyrgyzstan 1,309
159   East Timor 1,294
160   Zambia 1,291
161   Pakistan 1,285
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 185,835
2   Liechtenstein 179,258
3   Luxembourg 117,370
  Bermuda 101,208
  Macau 86,355
  Cayman Islands 85,474
4    Switzerland 82,709
5   Norway 81,336
6   Ireland 79,415
7   Iceland 76,867
8   Qatar 68,794
9   United States 62,918
10   Singapore 62,721
11   Denmark 61,834
12   Australia 58,393
13   Sweden 55,767
  Greenland 53,950
14   Netherlands 53,583
15   Austria 51,230
16   Finland 50,136
  Hong Kong 49,199
  Virgin Islands, British 48,511
17   San Marino 48,473
18   Germany 47,514
19   Belgium 47,293
20   Canada 46,192
21   Israel 44,215
22   New Zealand 43,836
23   United Arab Emirates 43,005
24   United Kingdom 42,526
25   Andorra 42,052
26   France 41,358
27   Japan 39,082
  New Caledonia 36,335
28   Italy 34,389
29   Kuwait 34,249
30   Korea, South 33,622
  Puerto Rico 33,271
31   Malta 33,123
32   Bahamas, The 32,218
33   Brunei 31,627
34   Spain 30,406
  Aruba 30,262
  Europe 29,279
35   Cyprus 28,968
Americas 27,722
  Turks and Caicos Islands 27,142
36   Slovenia 26,005
37   Bahrain 24,134
38   Portugal 23,478
39   Estonia 23,242
40   Saudi Arabia 23,217
41   Czech Republic 22,992
  French Polynesia 21,968
42   Greece 20,731
  Cook Islands 20,705
  Anguilla 19,891
43   Slovakia 19,431
44   Saint Kitts and Nevis 19,275
  Curaçao 19,219
45   Lithuania 19,083
46   Oman 19,073
47   Latvia 17,852
48   Barbados 17,746
49   Uruguay 17,278
50   Trinidad and Tobago 17,130
51   Antigua and Barbuda 16,727
52   Seychelles 16,378
53   Hungary 16,264
54   Chile 15,923
55   Palau 15,859
56   Panama 15,575
57   Poland 15,444
58   Croatia 14,674
  Montserrat 12,754
59   Romania 12,281
60   Costa Rica 12,027
61   Nauru 11,876
62   Argentina 11,688
63   Russia 11,394
64   Malaysia 11,373
World 11,232
65   Mauritius 11,222
66   Saint Lucia 10,566
67   Grenada 10,486
68   Maldives 10,331
69   Equatorial Guinea 10,179
70   Kazakhstan 9,790
71   Mexico 9,695
72   China 9,532
73   Bulgaria 9,388
74   Turkey 9,368
75   Brazil 8,921
76   Cuba 8,822
77   Montenegro 8,772
  South America 8,746
Central America 8,503
78   Botswana 8,258
79   Lebanon 8,224
80   Gabon 8,019
81   Dominica 7,691
82   Dominican Republic 7,650
83   Saint Vincent and the Grenadines 7,361
84   Thailand 7,274
85   Venezuela 7,212
86   Serbia 7,209
87   Turkmenistan 6,965
88   Peru 6,947
89   Colombia 6,650
90   South Africa 6,369
91   Ecuador 6,345
92   Belarus 6,312
93   Fiji 6,267
94   North Macedonia 6,063
95   Suriname 6,004
96   Bosnia and Herzegovina 5,951
97   Namibia 5,930
98   Iran 5,795
99   Iraq 5,783
100   Jamaica 5,523
101   Albania 5,354
102   Guyana 5,224
103   Libya 5,147
104   Belize 4,901
105   Tonga 4,886
106   Guatemala 4,885
107   Azerbaijan 4,718
108   Samoa 4,549
Association of Southeast Asian Nations Southeast Asia 4,539
  Kosovo 4,453
109   Georgia 4,397
110   Paraguay 4,250
111   Jordan 4,238
112   Armenia 4,212
113   Sri Lanka 4,190
114   Eswatini 4,146
115   Algeria 4,115
116   Mongolia 4,104
117   El Salvador 4,058
118   Tuvalu 4,001
119   Indonesia 3,893
120   Marshall Islands 3,667
121   Cape Verde 3,635
122   Bolivia 3,549
123   Bhutan 3,524
124   Tunisia 3,450
125   Angola 3,437
  Palestine 3,347
126   Micronesia 3,296
127   Morocco 3,273
128   Philippines 3,103
129   Djibouti 3,049
130   Vanuatu 3,037
131   Ukraine 2,957
132   Moldova 2,791
133   Congo, Republic of the 2,703
134   Papua New Guinea 2,681
135   Vietnam 2,563
136   Laos 2,542
137   Egypt 2,538
138   Honduras 2,500
139   Ghana 2,202
140   Nigeria 2,154
141   India 2,055
142   East Timor 2,036
143   Nicaragua 2,029
144   Eritrea 1,985
145   São Tomé and Príncipe 1,948
146   Solomon Islands 1,947
Africa 1,856
147   Mauritania 1,730
148   Côte d'Ivoire 1,716
149   Kenya 1,710
150   Zimbabwe 1,684
151   Bangladesh 1,671
152   Kiribati 1,627
153   Zambia 1,572
154   Uzbekistan 1,555
155   Cameroon 1,534
156   Cambodia 1,512
157   Senegal 1,502
158   Comoros 1,401
159   Myanmar 1,354
160   Pakistan 1,330
161   Kyrgyzstan 1,284
162   Lesotho 1,248
163   Sudan 1,208
164   Tanzania 1,044
165     Nepal 991
166   Syria 981
167   Guinea 938
168   Yemen 936
169   Benin 907
170   Mali 900
171   Haiti 835
172   Tajikistan 827
173   Burkina Faso 820
174   Guinea-Bissau 778
175   Rwanda 773
176   South Sudan 748
177   Chad 736
178   Ethiopia 735
179   Gambia, The 716
180   Uganda 704
181   Korea, North 688
182   Togo 655
183   Niger 571
184   Congo, Democratic Republic of the 561
185   Afghanistan 552
186   Sierra Leone 536
187   Madagascar 527
188   Mozambique 499
189   Central African Republic 481
190   Liberia 440
191   Malawi 397
192   Burundi 294
193   Somalia 100

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, October 2020". World Economic Outlook. International Monetary Fund. October 2020. Retrieved 13 October 2020.
  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 2018 to generate table), United Nations Statistics Division. Accessed on 1 December 2019.
  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