List of countries by GDP (nominal) per capita

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 dependenciesEdit

International Monetary Fund (2020 estimates)[3] World Bank (2019)[4] United Nations (2019)[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   Serbia 8,506
69   Argentina 8,433
70   Guyana 8,073
71   Mexico 8,069
72   Montenegro 7,933
73   Turkey 7,715
74   Dominica 7,709
75   Turkmenistan 7,507
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   Azerbaijan 4,721
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
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   Pakistan 1,285
155   Benin 1,259
156   Kyrgyzstan 1,148
157     Nepal 1,116
158   Tanzania 1,106
159   Guinea 1,019
160   Zambia 1,001
161   Ethiopia 974
162   Lesotho 924
163   Zimbabwe 922
164   Uganda 915
165   Mali 899
166   Tajikistan 834
167   Rwanda 823
168   Burkina Faso 769
169   Guinea-Bissau 767
170   Gambia, The 746
171   Sudan 735
172   Haiti 732
173   Togo 690
174   Liberia 654
175   Yemen 645
176   Chad 640
177   Eritrea 585
178   Niger 536
179   Sierra Leone 518
180   Madagascar 515
181   Afghanistan 499
182   Central African Republic 480
183   Congo, Democratic Republic of the 457
184   Mozambique 455
185   Malawi 399
186   South Sudan 303
187   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   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
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   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
  Europe 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
  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 havensEdit

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 alsoEdit

ReferencesEdit

  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 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.

External linksEdit