List of countries by GDP (nominal) per capita

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.

Countries or territories by GDP (nominal) per capita in 2022.
  >$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

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 inaccurate 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 tax planning activities. Examples include Bermuda, the Cayman Islands, and Luxembourg.[3]

All data are in current United States dollars. Historical data can be found here.

Table

The table initially ranks each country or territory with their latest available estimates, and can be reranked by either of the sources

* Nearly all country links in the table take to articles titled "Income in country or territory" or to "Economy of country or territory".

GDP (in US$) per capita by country or  territory 
Country/Territory UN Region IMF[4][5] United Nations[6] World Bank[7]
Estimate Year Estimate Year Estimate Year








  Liechtenstein * Europe 180,227 2020 169,049 2019
  Monaco * Europe 173,696 2020 173,688 2020
  Luxembourg * Europe 135,046 2022 117,182 2020 135,683 2021
  Bermuda * Americas 123,945 2020 110,870 2021
  Ireland * Europe 101,509 2022 86,251 2020 85,268 2020
  Norway * Europe 99,481 2022 66,871 2020 67,390 2020
  Cayman
Islands *
Americas 95,191 2020 85,083 2020
  Switzerland * Europe 96,390 2022 86,919 2020 87,097 2020
  Qatar * Asia 84,514 2022 50,815 2020 50,124 2020
  Brunei * Asia 79,816 2022 27,437 2020 27,443 2020
  Singapore * Asia 79,576 2022 58,114 2020 59,798 2020
  United States * Americas 76,027 2022 63,123 2020 63,414 2020
  Iceland * Europe 74,417 2022 63,644 2020 59,270 2020
  Denmark * Europe 68,094 2022 61,477 2020 61,063 2020
  Australia * Oceania 67,464 2022 55,823 2020 51,693 2020
  Sweden * Europe 57,978 2022 53,575 2020 52,274 2020
  Netherlands * Europe 57,836 2022 53,334 2020 52,397 2020
  Canada * Americas 57,406 2022 43,560 2020 43,258 2020
  Greenland * Americas 55,139 2020 53,041 2019
  Israel * Asia 54,688 2022 47,034 2020 44,169 2020
  Finland * Europe 53,745 2022 48,685 2020 48,773 2020
  Austria * Europe 53,371 2022 48,106 2020 48,587 2020
  Belgium * Europe 52,485 2022 45,028 2020 45,159 2020
  Germany * Europe 51,104 2022 45,909 2020 46,208 2020
  Macau * Asia 50,578 2022 37,474 2020 39,403 2020
  United
Arab Emirates *
Asia 50,349 2022 36,285 2020 36,285 2020
  San Marino * Europe 49,901 2022 45,832 2020 47,731 2019
  Hong Kong * Asia 49,850 2022 46,611 2020 46,324 2020
  New Zealand * Oceania 49,847 2022 43,972 2020 41,442 2020
  United Kingdom * Europe 49,761 2022 40,718 2020 41,125 2020
  British
Virgin Islands *
Americas 49,357 2020
  France * Europe 44,747 2022 38,959 2020 39,030 2020
  Andorra * Europe 41,930 2022 37,072 2020 40,897 2019
  Japan * Asia 39,243 2022 39,990 2020 40,193 2020
  Kuwait * Asia 38,755 2022 24,809 2020 24,812 2020
  Puerto Rico * Americas 37,823 2022 36,052 2020 32,291 2020
  Taiwan * Asia 36,051 2022 28,383 [8][9]2020
  South Korea * Asia 34,994 2022 31,947 2020 31,632 2020
  Italy * Europe 34,777 2022 31,238 2020 31,714 2020
  Guam * Oceania 34,624 2020
  New Caledonia * Oceania 34,006 2020 34,789 2019
  Malta * Europe 33,094 2022 33,771 2020 27,885 2020
  Bahamas * Americas 32,077 2022 25,194 2020 25,194 2020
  Cyprus * Europe 30,663 2022 28,133 2020 26,624 2020
  Slovenia * Europe 30,159 2022 25,777 2020 25,517 2020
  Spain * Europe 30,157 2022 27,409 2020 27,063 2020
  Bahrain * Asia 29,103 2022 19,925 2020 20,410 2020
  Aruba * Americas 28,863 2022 23,386 2020 30,253 2018
  Saudi Arabia * Asia 28,759 2022 20,110 2020 20,110 2020
  Estonia * Europe 27,971 2022 23,106 2020 23,027 2020
  Czech Republic * Europe 27,609 2022 22,911 2020 22,932 2020
  Lithuania * Europe 25,015 2022 20,772 2020 20,234 2020
  Portugal * Europe 24,495 2022 22,413 2020 22,176 2020
  Turks and
Caicos Islands
Americas 23,881 2020 23,880 2020
  Oman * Asia 23,416 2022 12,409 2020 12,660 2020
  Slovakia * Europe 21,665 2022 19,264 2020 19,267 2020
  Latvia * Europe 21,311 2022 17,871 2020 17,726 2020
  Greece * Europe 20,940 2022 18,117 2020 17,623 2020
  French
Polynesia *
Oceania 20,707 2020 14,324 2000
  Northern
Mariana Islands *
Oceania 20,660 2019
  Hungary * Europe 20,336 2022 16,129 2020 15,981 2020
  Iran * Asia 20,261 2022 11,183 2020 2,423 2020
  Sint Maarten * Americas 20,000 2020 29,160 2018
  Saint Kitts
and Nevis *
Americas 19,117 2022 17,434 2020 18,438 2020
  Barbados * Americas 19,110 2022 15,449 2020 15,374 2020
  Poland * Europe 18,506 2022 15,764 2020 15,721 2020
  Uruguay * Americas 18,083 2022 15,438 2020 15,438 2020
  Trinidad
and Tobago *
Americas 17,921 2022 15,286 2020 15,426 2020
  Seychelles * Africa 17,693 2022 10,767 2020 10,764 2020
  Croatia * Europe 17,338 2022 13,934 2020 14,134 2020
  Anguilla * Americas 17,226 2020
  Guyana * Americas 17,108 2022 6,956 2020 6,956 2020
  Curaçao * Americas 15,819 2020 16,746 2020
  Cook Islands * Oceania 16,135 2020
  Antigua
and Barbuda *
Americas 16,085 2022 13,993 2020 13,993 2020
  Panama * Americas 16,038 2022 12,269 2020 12,510 2020
  Chile * Americas 15,941 2022 13,232 2020 13,232 2020
  Romania * Europe 14,825 2022 12,929 2020 12,896 2020
  China * Asia 14,096 [n 1]2022 10,229 [n 1]2020 10,435 2020
  Maldives * Asia 14,078 2022 6,924 2020 6,924 2020
  Palau * Oceania 13,706 2022 14,567 2020 14,244 2020
  Montserrat * Americas 13,523 2020
  Malaysia * Asia 13,268 2022 10,402 2020 10,412 2020
  Bulgaria * Europe 13,101 2022 10,058 2020 10,079 2020
  American
Samoa *
Oceania 12,845 2020
  Russia * Europe 12,575 2022 10,166 2020 10,127 2020
  Costa Rica * Americas 12,483 2022 12,077 2020 12,141 2020
  Turkmenistan * Asia 12,274 2022 7,104 2020 7,612 2019
  Argentina * Americas 12,187 2022 8,476 2020 8,579 2020
  Saint Lucia * Americas 11,364 2022 8,805 2020 8,805 2020
 World 10,949 2020 10,926 2020
  Equatorial Guinea * Africa 10,902 2022 7,143 2020 7,143 2020
  Grenada * Americas 10,472 2022 9,273 2020 9,262 2020
  Gabon * Africa 10,390 2022 6,789 2020 7,006 2020
  Dominican
Republic *
Americas 10,259 2022 7,268 2020 7,268 2020
  Mexico * Americas 10,166 2022 8,326 2020 8,329 2020
  Nauru * Oceania 10,005 2022 12,510 2020 10,580 2020
  Kazakhstan * Asia 10,003 2022 9,111 2020 9,122 2020
  Montenegro * Europe 9,673 2022 7,626 2020 7,677 2020
  Serbia * Europe 9,503 2022 7,656 2020 7,721 2020
  Cuba * Americas 9,478 2020 9,478 2020
  Mauritius * Africa 8,892 2022 8,587 2020 8,628 2020
  Saint Vincent and
the Grenadines *
Americas 8,595 2022 7,298 2020 7,298 2020
  Dominica * Americas 8,575 2022 7,038 2020 7,268 2020
  Brazil * Americas 8,570 2022 6,797 2020 6,797 2020
  Turkey * Asia 8,081 2022 8,538 2020 8,536 2020
  Botswana * Africa 7,519 2022 6,711 2020 6,711 2020
  Thailand * Asia 7,449 2022 7,189 2020 7,189 2020
  Libya * Africa 7,197 2022 4,243 2020 3,699 2020
  Azerbaijan * Asia 7,165 2022 4,202 2020 4,214 2020
  Bosnia and
Herzegovina *
Europe 7,078 2022 6,035 2020 6,032 2020
  Iraq * Asia 7,038 2022 4,146 2020 4,158 2020
  Peru * Americas 7,034 2022 6,163 2020 6,127 2020
  South Africa * Africa 6,979 2022 5,094 2020 5,091 2020
  North
Macedonia *
Europe 6,863 2022 5,886 2020 5,888 2020
  Colombia * Americas 6,807 2022 5,333 2020 5,333 2020
  Ecuador * Americas 6,412 2022 5,600 2020 5,600 2020
  Belarus * Europe 6,384 2022 6,377 2020 6,411 2020
  Albania * Europe 6,260 2022 5,181 2020 5,215 2020
  Tuvalu * Oceania 6,047 2022 4,648 2020 4,143 2020
  Jamaica * Americas 5,730 2022 4,665 2020 4,665 2020
  Fiji * Oceania 5,685 2022 5,013 2020 4,882 2020
  Paraguay * Americas 5,626 2022 4,950 2020 4,950 2020
  Georgia * Asia 5,618 2022 3,984 2020 4,279 2020
  Moldova * Europe 5,435 2022 2,954 2020 4,551 2020
  Kosovo * Europe 5,355 2022 4,368 2020 4,287 2020
  Tonga * Oceania 5,283 2022 4,646 2020 4,903 2019
  Mongolia * Asia 5,206 2022 4,007 2020 4,007 2020
  Namibia * Africa 5,016 2022 4,215 2020 4,211 2020
  Guatemala * Americas 4,864 2022 4,332 2020 4,603 2020
  Suriname * Americas 4,843 2022 7,023 2020 6,491 2020
  Ukraine * Europe 4,828 2021 3,557 2020 3,727 2020
  Marshall
Islands *
Oceania 4,756 2022 4,130 2020 4,073 2019
  Armenia * Asia 4,741 2022 4,266 2020 4,268 2020
  Indonesia * Asia 4,691 2022 3,870 2020 3,870 2020
  El Salvador * Americas 4,689 2022 3,799 2020 3,799 2020
  Jordan * Asia 4,635 2022 4,283 2020 4,283 2020
  Belize * Americas 4,520 2022 3,988 2020 4,436 2020
  Algeria * Africa 4,294 2022 3,368 2020 3,310 2020
  Egypt * Africa 4,162 2022 3,609 2020 3,548 2020
  Vietnam * Asia 4,122 2022 2,786 2020 2,786 2020
  Micronesia * Oceania 4,066 2022 3,500 2020 3,585 2019
  Samoa * Oceania 4,059 2022 3,890 2020 4,068 2020
  Eswatini * Africa 4,036 2022 3,306 2020 3,416 2020
  Lebanon * Asia 4,003 2020 9,310 2020 4,650 2020
  Angola * Africa 3,793 2022 1,896 2020 1,896 2020
  Djibouti * Africa 3,775 2022 3,465 2020 3,426 2020
  Tunisia * Africa 3,763 2022 3,318 2020 3,320 2020
  Sri Lanka * Asia 3,699 2022 3,768 2020 3,682 2020
  Philippines * Asia 3,687 2022 3,299 2020 3,299 2020
  Palestine * Asia 3,682 [n 2]2022 3,050 2020 3,240 2020
  Morocco * Africa 3,629 2022 3,108 2020 3,009 2020
  Cape Verde * Africa 3,503 2022 3,064 2020 3,064 2020
  Bhutan * Asia 3,491 2022 3,218 2020 3,122 2020
  Bolivia * Americas 3,431 2022 3,133 2020 3,143 2020
  Papua
New Guinea *
Oceania 3,269 2022 2,640 2020 2,637 2020
  Congo * Africa 3,243 2022 1,830 2020 1,973 2020
  Vanuatu * Oceania 3,145 2022 2,783 2020 2,783 2020
  Ivory Coast * Africa 2,646 2022 2,318 2020 2,326 2020
  India * Asia 2,601 2022 1,931 2020 1,901 2020
  Honduras * Americas 2,524 2022 2,406 2020 2,406 2020
  Nicaragua * Americas 2,384 2022 1,905 2020 1,905 2020
  Bangladesh * Asia 2,362 2022 2,001 2020 1,969 2020
  Nigeria * Africa 2,356 2022 2,085 2020 2,097 2020
  Solomon
Islands *
Oceania 2,334 2022 2,251 2020 2,258 2020
  Laos * Asia 2,319 2022 2,623 2020 2,630 2020
  São Tomé
and Príncipe *
Africa 2,315 2022 2,174 2020 2,158 2020
  Ghana * Africa 2,303 2022 2,206 2020 2,329 2020
  Zimbabwe * Africa 2,301 2022 1,466 2020 1,128 2020
  Kenya * Africa 2,252 2022 1,879 2020 1,838 2020
  Mauritania * Africa 2,141 2022 1,702 2020 1,673 2020
  Uzbekistan * Asia 2,071 2022 1,724 2020 1,686 2020
  Venezuela * Americas 1,824 2022 3,740 2020 16,056 2014
  Cambodia * Asia 1,752 2022 1,513 2020 1,513 2020
  Kiribati * Oceania 1,745 2022 1,515 2020 1,671 2020
  Haiti * Americas 1,672 2022 1,360 2020 1,177 2020
  Cameroon * Africa 1,638 2022 1,502 2020 1,499 2020
  Senegal * Africa 1,609 2022 1,458 2020 1,488 2020
  Pakistan * Asia 1,562 2021 1,167 2020 1,194 2020
  Benin * Africa 1,432 2022 1,254 2020 1,291 2020
  Guinea * Africa 1,428 2022 1,179 2020 1,194 2020
  East Timor * Asia 1,402 2022 1,443 2020 1,381 2020
  Comoros * Africa 1,371 2022 1,421 2020 1,403 2020
  Zambia * Africa 1,330 2022 985 2020 1,051 2020
  Kyrgyzstan * Asia 1,327 2022 1,186 2020 1,174 2020
  Myanmar * Asia 1,285 2022 1,292 2020 1,400 2020
  Tanzania * Africa 1,260 2022 1,115 [n 3]2020 1,077 2020
  Lesotho * Africa 1,213 2022 1,061 2020 861 2020
  Nepal * Asia 1,203 2022 1,135 2020 1,155 2020
  Uganda * Africa 1,060 2022 846 2020 817 2020
  Ethiopia * Africa 1,040 2022 840 2020 936 2020
  Zanzibar Africa 1,031 2020
  Togo * Africa 1,000 2022 863 2020 915 2020
  Rwanda * Africa 910 2022 798 2020 798 2020
  Mali * Africa 897 2022 856 2020 859 2020
  Yemen * Asia 891 2022 937 2020 824 2018
  Syria * Asia 2,807 2010 890 2020 2,033 2007
  Burkina Faso * Africa 886 2022 831 2020 831 2020
  Guinea-Bissau * Africa 873 2022 668 2020 728 2020
  Gambia * Africa 844 2022 757 2020 787 2020
  Tajikistan * Asia 795 2022 838 2020 859 2020
  Liberia * Africa 776 2022 491 2020 583 2020
  Chad * Africa 743 2022 679 2020 615 2020
  Eritrea * Africa 701 2022 588 2020 643 2011
  Sudan * Africa 674 2022 1,415 2020 596 2020
  DR Congo * Africa 669 2022 506 2020 557 2020
  North Korea * Asia 618 2020
  Afghanistan * Asia 611 2020 508 2020 509 2020
  Niger * Africa 599 2022 568 2020 2,097 2020
  Mozambique * Africa 547 2022 449 2020 449 2020
  Malawi * Africa 545 2022 615 2020 625 2020
  Somalia * Africa 544 2022 118 2020 309 2020
  Central African
Republic *
Africa 527 2022 481 2020 477 2020
  Sierra Leone * Africa 513 2022 475 2020 485 2020
  Madagascar * Africa 504 2022 470 2020 496 2020
  South Sudan * Africa 393 2022 1,421 2020 1,120 2015
  Burundi * Africa 272 2022 286 2020 274 2020

Note: Data unavailable for the Falkland Islands, the Faroe Islands, Gibraltar, Guernsey, the Holy See (Vatican City), the Isle of Man, Jersey, Niue, the Pitcairn Islands, Saint Helena, Ascension and Tristan da Cunha, Tokelau, the United States Virgin Islands, and Western Sahara.

Distorted GDP-per-capita for tax havens

Many of the 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[10]

Further discussion on this topic can be found in the List of countries by GDP (PPP) per capita article.

See also

Notes

  1. ^ a b Figures exclude special administrative regions of Hong Kong and Macau.
  2. ^ The name used in IMF report is "West Bank and Gaza"
  3. ^ The UN figure excludes autonomous region of Zanzibar.

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. ^ Richard Phillips; Matt Gardner; Alexandria Robins; Michelle Surka (2017). "Offshore Shell Games 2017" (PDF). Institute on Taxation and Economic Policy.
  4. ^ "World Economic Outlook Database, April 2022". IMF.org. International Monetary Fund. 19 April 2022. Retrieved 19 April 2022.
  5. ^ "World Economic Outlook Database, April 2022". IMF.org. International Monetary Fund. 19 April 2022. Retrieved 19 April 2022.
  6. ^ [1], (Select all countries, "GDP, Per Capita GDP - US Dollars", and "2020" to generate the table), United Nations Statistics Division. Access date: 29 January 2022.
  7. ^ "GDP per capita (current US$)". World Development Indicators. World Bank. Retrieved 28 June 2021.{{cite web}}: CS1 maint: url-status (link)
  8. ^ "GDP: Preliminary estimate for 2021 Q1 and outlook for 2021" (PDF). eng.stat.gov.tw. Retrieved 2021-07-02.
  9. ^ "國民所得統計摘要" (PDF). eng.stat.gov.tw (in Chinese (Taiwan)). Retrieved 2021-07-02.
  10. ^ "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. 55, NO. 2". IMF Finance & Development. June 2018.

External links