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.

Not to be confused with List of countries by GDP (PPP) per capita.
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

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 (except that of Zanzibar) take to articles titled "Income in country or territory" or to "Economy of country or territory".

GDP (in USD) per capita by country (including  territories )
Country/Territory UN Region IMF[4][5] World Bank[6] United Nations[7]
EstimateYearEstimateYearEstimateYear






 Monaco *Europe—234,3162021234,3172021
 Liechtenstein *Europe—157,7552020169,2602021
 Luxembourg *Europe127,6732022133,5902021133,7452021
 Bermuda *Americas—114,0902021112,6532021
 Ireland *Europe102,2172022100,1722021101,1092021
 Norway *Europe92,646202289,154202189,2422021
 Switzerland *Europe92,434202291,992202193,5252021
 Isle of Man *Europe—87,1582019—
 Cayman Islands *Americas—86,569202185,2502021
 Qatar *Asia82,887202266,838202166,7992021
 Singapore *Asia79,426202272,794202166,8222021
 United States *Americas75,180202270,249202169,1852021
 Channel Islands *Europe—75,1532007—
 Iceland *Europe73,981202268,728202169,1332021
 Faroe Islands *Europe—69,0102021—
 Australia *Oceania66,408202260,443202166,9162021
 Denmark *Europe65,713202268,008202168,0372021
 Greenland *Americas—54,571202058,1852021
 Canada *Americas56,794202251,988202152,1122021
 Sweden *Europe56,361202261,029202160,7302021
 Netherlands *Europe56,298202257,768202157,8712021
 Israel *Asia55,359202252,171202154,1112021
 Austria *Europe52,062202253,638202153,8402021
 Finland *Europe50,818202253,655202153,7032021
 Belgium *Europe50,598202251,247202151,1662021
 Hong Kong *Asia49,700202249,801202149,2592021
 British Virgin Islands *Americas——49,4442021
 Germany *Europe48,398202251,204202151,0732021
 United Arab Emirates *Asia47,793202244,316202143,2952021
 San Marino *Europe47,700202245,320202050,4252021
 United Kingdom *Europe47,318202246,510202146,5422021
 New Zealand *Oceania47,278202248,781202148,8242021
 Brunei *Asia42,939202231,449202131,4492021
 France *Europe42,330202243,659202144,2292021
 Andorra *Europe40,723202242,137202142,0662021
 U.S. Virgin Islands *Americas—39,5522020—
 Puerto Rico *Americas38,443202232,641202132,7162021
 Kuwait *Asia38,123202224,300202032,1502021
 European Union *[n 1]Europe37,280202238,411202131,875[8]2021
 New Caledonia *Oceania—37,160202134,9942021
 Guam *Oceania—35,9052021—
 Taiwan *Asia35,5132022—33,011[9][10]2021
 Japan *Asia34,358202239,313202139,6502021
 Italy *Europe33,740202235,658202135,5792021
 Macau *Asia33,608202243,874202143,5552021
 South Korea *Asia33,592202234,998202134,9402021
 Malta *Europe32,912202233,487202133,6422021
 Bahamas *Americas32,246202227,478202127,4782021
 Aruba *Americas31,990202229,342202129,3422021
 Cyprus *Asia29,535[n 2]202231,552[n 2]202132,281[n 2]2021
 Slovenia *Europe29,469202229,291202129,1352021
 Estonia *Europe29,344202227,944202127,9912021
 Spain *Europe29,198202230,104202130,0582021
 Bahrain *Asia28,692202226,563202126,5632021
 Czech Republic *Europe28,095202226,821202126,8092021
 Saudi Arabia *Asia27,941202223,186202123,1862021
 Sint Maarten (Dutch part) *Americas—28,988201826,1992021
 Portugal *Europe24,910202224,568202124,6512021
 Lithuania *Europe24,032202223,723202123,8442021
 Northern Mariana Islands *Oceania—23,7072019—
 Oman *Asia23,542202219,510202119,5092021
 Iran *Asia23,034[n 3]20224,09120216,7662021
 Saint Martin (French part) *Americas—21,9212014—
 Latvia *Europe21,482202221,148202121,2672021
 Turks and Caicos Islands *Americas—20,909202120,9092021
 Greece *Europe20,876202220,193202120,5712021
 Trinidad and Tobago *Americas20,746202216,033202116,0332021
 Slovakia *Europe20,565202221,392202121,3902021
 Seychelles *Africa20,266202214,653202112,0852021
 Uruguay *Americas20,018202217,313202117,3132021
 Barbados *Americas20,004202217,226202117,2252021
 French Polynesia *Oceania—19,915202119,9152021
 Cook Islands *Oceania——19,2642021
 Anguilla *Americas——19,2162021
 Saint Kitts and Nevis *Americas19,129202218,083202118,0832021
 Poland *Europe19,023202218,000202117,7362021
 Hungary *Europe18,983202218,728202118,7282021
 Guyana *Americas18,74520229,99920219,9992021
 Curaçao *Americas—17,718202114,1832021
 Croatia *Europe17,318202217,685202116,9832021
 Antigua and Barbuda *Americas16,787202215,781202115,2462021
 Montserrat *Americas——16,1992021
 Panama *Americas16,173202214,618202114,6182021
 American Samoa *Oceania—15,7432021—
 Romania *Europe15,619202214,858202114,6982021
 Chile *Americas15,604202216,265202116,2652021
 Maldives *Asia15,097202210,366202110,3662021
 Russia *Europe14,665202212,195202112,2592021
 Argentina *Americas13,622202210,636202110,7612021
 World13,400202212,235202112,2302021
 Malaysia *Asia13,108202211,109202111,1012021
 Costa Rica *Americas13,090202212,472202112,4722021
 China *Asia12,970[n 4]202212,556[n 5]202112,437[n 4]2021
 Palau *Oceania12,663202212,084202112,0842021
 Bulgaria *Europe12,505202212,222202112,2072021
 Turkmenistan *Asia11,92920227,34520198,5082021
 Kazakhstan *Asia11,591202210,374202110,0552021
 Equatorial Guinea *Africa11,26420227,50720217,6052021
 Cuba *Americas—9,500202011,2552021
 Mexico *Americas10,948202210,046202110,0462021
 Saint Lucia *Americas10,76320229,41420219,8242021
 Dominican Republic *Americas10,57320228,47720218,4772021
 Grenada *Americas10,47720229,01120218,9502021
 Gabon *Africa10,28220228,63520217,9112021
 Nauru *Oceania10,005202210,648202112,3902021
 Turkey *Asia9,96120229,66120219,6612021
 Montenegro *Europe9,85020229,46620219,2522021
 Serbia *Europe9,16420229,23020218,6432021
 Mauritius *Africa9,11220229,10620218,8732021
 Brazil *Americas8,85720227,50720217,5072021
 Belarus *Europe8,56720227,30220217,1212021
 Saint Vincent and the Grenadines *Americas8,54620228,66620218,4402021
 Dominica *Americas8,08620227,65320217,5712021
 Thailand *Asia7,63120227,06620217,0672021
 Botswana *Africa7,34820226,80520216,8052021
 Peru *Americas7,00520226,62220216,6222021
 Azerbaijan *Asia6,84220225,38820215,2962021
 Bosnia and Herzegovina *Europe6,81820227,14320217,1432021
 North Macedonia *Europe6,81620226,69520216,6002021
 Lebanon *Asia3,58920204,13620216,7852021
 Georgia *Asia6,770[n 6]20225,023[n 6]20214,975[n 6]2021
 South Africa *Africa6,73920227,05520217,0552021
 Iraq *Asia6,69620224,77520214,6862021
 Colombia *Americas6,64420226,10420216,1042021
 Ecuador *Americas6,41320225,96520215,9652021
 Albania *Europe6,36920226,49320216,3962021
 Belize *Americas6,09620226,22820216,2292021
 Libya *Africa6,02620226,35720215,7912021
 Armenia *Asia5,97220224,96720214,9672021
 Tuvalu *Oceania5,90020225,63220215,3702021
 Jamaica *Americas5,87020225,18420215,1842021
 Paraguay *Americas5,61520225,89220216,0352021
 Moldova *Europe5,529[n 7]20225,231[n 7]20214,468[n 7]2021
 Fiji *Oceania5,34120224,64720214,6472021
 Kosovo *Europe5,23020225,27020215,6632021
 Tonga *Oceania5,00820224,42620214,4512021
 El Salvador *Americas4,88320224,55120214,5512021
 Guatemala *Americas4,88020225,02620214,8832021
 Suriname *Americas4,88020224,86920215,2592021
 Ukraine *Europe4,862[n 8]20214,836[n 8]20214,596 [n 8]2021
 Marshall Islands *Oceania4,85920226,17220216,1112021
 Namibia *Africa4,80920224,86620214,8362021
 Indonesia *Asia4,69120224,33320214,3332021
 Jordan *Asia4,66620224,10320214,0582021
 Mongolia *Asia4,54220224,56620214,5102021
 Egypt *Africa4,50420223,69920213,8982021
 Vietnam *Asia4,16320223,75720213,7562021
 Algeria *Africa4,15120223,69120213,7002021
 Samoa *Oceania4,12820223,85720213,9192021
 Micronesia *Oceania4,07220223,57120213,5732021
 Eswatini *Africa4,05620223,97820213,9692021
 Morocco *Africa3,89620223,79520213,8532021
 Tunisia *Africa3,81620223,80720213,8072021
 Angola *Africa3,79120221,95420212,2582021
 Djibouti *Africa3,66620223,15020213,3482021
 Bolivia *Americas3,63120223,34520213,3452021
 Cape Verde *Africa3,60020223,29320213,2932021
 Philippines *Asia3,59720223,46120213,4612021
 Bhutan *Asia3,56220223,26620213,0632021
 Palestine *Asia3,517[n 9]20223,664[n 9]20213,514[n 10]2021
 Papua New Guinea *Oceania3,42720222,67320212,6732021
 Sri Lanka *Asia3,29320224,01420213,9182021
 Venezuela *Americas3,052202215,97620143,9652021
 Vanuatu *Oceania3,05020222,99720213,0732021
 Honduras *Americas2,96920222,77220212,7722021
 Congo *Africa2,94520222,29020212,2002021
 Bangladesh *Asia2,73420222,45820212,4502021
 India *Asia2,46620222,25720212,2742021
 Zimbabwe *Africa2,42020221,77420211,5082021
 Ivory Coast *Africa2,41820222,54920212,5392021
 Nicaragua *Americas2,37520222,04620212,0462021
 Ghana *Africa2,36920222,36320212,4092021
 Mauritania *Africa2,32820222,16620212,1662021
 Nigeria *Africa2,32620222,06620212,0192021
 Kenya *Africa2,25520222,08220212,0822021
 Uzbekistan *Asia2,24320221,98320212,0322021
 Solomon Islands *Oceania2,24020222,30520212,3062021
 São Tomé and Príncipe *Africa2,23120222,36120212,4862021
 Laos *Asia2,17220222,53620212,5692021
 East Timor *Asia1,79320222,74120211,5172021
 Cambodia *Asia1,77120221,62520211,6082021
 Kiribati *Oceania1,67320221,60720211,7652021
 Haiti *Americas1,67320221,83020211,6642021
 Pakistan *Asia1,65820221,50520211,4802021
 Cameroon *Africa1,58420221,66720211,6682021
 Senegal *Africa1,55820221,63720211,6372021
 Kyrgyzstan *Asia1,43520221,27720211,3392021
 Benin *Africa1,36720221,31920211,3612021
 Zambia *Africa1,34820221,13720211,0952021
 Guinea *Africa1,34620221,18920211,1852021
 Comoros *Africa1,30020221,57820211,6312021
 Nepal *Asia1,29320221,20820211,1592021
 Tanzania *Africa1,24520221,09920211,136[n 11]2021
 ZanzibarAfrica——1,2112021
 Lesotho *Africa1,18720221,09420211,0402021
 Uganda *Africa1,106202288420219302021
 Myanmar *Asia1,10520221,21020211,0892021
 Ethiopia *Africa1,098202292520218252021
 Tajikistan *Asia1,015202289720218972021
 Togo *Africa961202297320219442021
 Syria *Asia—53320209252021
 Sudan *Africa916202275220217862021
 Rwanda *Africa913202282220218222021
 Yemen *Asia874202270220183022021
 Mali *Africa858202287420218752021
 Guinea-Bissau *Africa857202279520217592021
 Gambia *Africa846202277220217722021
 Burkina Faso *Africa825202289320218932021
 Chad *Africa743202268620219552021
 Liberia *Africa735202267620214712021
 DR Congo *Africa660202257720215512021
 North Korea *Asia——6542021
 Eritrea *Africa647202264420116232021
 Niger *Africa561202259120215912021
 Mozambique *Africa542202249220214922021
 Somalia *Africa539202244720214472021
 Malawi *Africa523202263520216132021
 Madagascar *Africa522202250120215002021
 Central African Republic *Africa496202246120214612021
 Sierra Leone *Africa494202248020215052021
 Afghanistan *Asia611202036920213732021
 South Sudan *Africa32820221,07220154002021
 Burundi *Africa293202222220213112021

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

Distorted GDP-per-capita for tax havens
Main articles: Corporate haven § GDP-per-capita tax haven proxy, and Corporate haven § Distorted GDP/GNP

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[11]

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

See also

Notes
  1. The European Union is included because it is far more than a free trade association such as ASEAN, NAFTA, or Mercosur. It has certain attributes associated with independent countries: its own flag, anthem, currency (for some members), parliament and other law-making abilities, as well as diplomatic representation and a common foreign and security policy when dealing with external partners. However, because the EU is an organization and not a sovereign state, it does not receive a ranking in this list.
  2. Data are for the area controlled by the Government of the Republic of Cyprus.
  3. Note the IMF converts Iran's nominal GDP using the official exchange rate of the rial. Kazemzadeh, Masoud (2022-05-09). The Iran National Front and the Struggle for Democracy: 1949–Present. Walter de Gruyter GmbH & Co KG. pp. 134–140. ISBN 9783110782158. Retrieved 2022-06-27. Looking at the market exchange rate of Iran's national currency, the rial, would be a better way to capture the decline of Iran's economy.
  4. Figures for China exclude Taiwan, and the special administrative regions of Hong Kong and Macau.
  5. Figures exclude special administrative regions of Hong Kong and Macau.
  6. Excludes Abkhazia and South Ossetia.
  7. Excludes data for Transnistria.
  8. Figures exclude the Republic of Crimea and Sevastopol.
  9. The name used by the IMF and World Bank is the "West Bank and Gaza"
  10. The name used by the UN is the "State of Palestine".
  11. 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, October 2022". IMF.org. International Monetary Fund. 11 October 2022. Retrieved 13 October 2022.
  5. "IMF DataMapper / Datasets / World Economic Outlook (October 2022) / GDP per capita, current prices / List (2022) - Analytical group: European Union, World". IMF.org. International Monetary Fund. 11 October 2022. Retrieved 17 November 2022.
  6. "GDP per capita (current US$)". World Development Indicators. The World Bank. Retrieved 14 January 2023.{{cite web}}: CS1 maint: url-status (link)
  7. , (Select all countries, "GDP, Per Capita GDP - US Dollars", and "2021" to generate the table), United Nations Statistics Division. Access date: 12 February 2023.
  8. United Nations Statistics Division - National Accounts - Basic Data Selection, unstats.un.org. Manually select the 27 member states, the latest available year (2020) and the parameter "GDP, Per Capita GDP - US Dollars", then press "Send request" to generate the table. Export the table as an Excel file ("Export to .xlsx" button), where you can use the Average formula to determine the GDP per capita at EU level. United Nations. Retrieved 17 November 2022.
  9. "Per capita income and consumption at current prices" (PDF). eng.stat.gov.tw. Retrieved 2023-02-12.
  10. "GDP:Preliminary Estimate for 2022Q1, and Outlook for 2022" (PDF). eng.stat.gov.tw. Retrieved 2023-02-12.
  11. "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. 55, NO. 2". IMF Finance & Development. June 2018.
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