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

GDP (in USD) per capita by country (including  territories, and countries not included in the IMF report )
Country/Territory UN Region IMF[4][5] World Bank[6] United Nations[7]
EstimateYearEstimateYearEstimateYear






 MonacoEurope—234,3162021234,3172021
 LiechtensteinEurope—157,7552020169,2602021
 LuxembourgEurope127,6732022133,5902021133,7452021
 BermudaAmericas—114,0902021112,6532021
 IrelandEurope102,2172022100,1722021101,1092021
 NorwayEurope92,646202289,154202189,2422021
 SwitzerlandEurope92,434202291,992202193,5252021
 Isle of ManEurope—87,1582019—
 Cayman IslandsAmericas—86,569202185,2502021
 QatarAsia82,887202266,838202166,7992021
 SingaporeAsia79,426202272,794202166,8222021
 United StatesAmericas75,180202270,249202169,1852021
 Channel IslandsEurope—75,1532007—
 IcelandEurope73,981202268,728202169,1332021
 Faroe IslandsEurope—69,0102021—
 AustraliaOceania66,408202260,443202166,9162021
 DenmarkEurope65,713202268,008202168,0372021
 GreenlandAmericas—54,571202058,1852021
 CanadaAmericas56,794202251,988202152,1122021
 SwedenEurope56,361202261,029202160,7302021
 NetherlandsEurope56,298202257,768202157,8712021
 IsraelAsia55,359202252,171202154,1112021
 AustriaEurope52,062202253,638202153,8402021
 FinlandEurope50,818202253,655202153,7032021
 BelgiumEurope50,598202251,247202151,1662021
 Hong KongAsia49,700202249,801202149,2592021
 British Virgin IslandsAmericas——49,4442021
 GermanyEurope48,398202251,204202151,0732021
 United Arab EmiratesAsia47,793202244,316202143,2952021
 San MarinoEurope47,700202245,320202050,4252021
 United KingdomEurope47,318202246,510202146,5422021
 New ZealandOceania47,278202248,781202148,8242021
 BruneiAsia42,939202231,449202131,4492021
 FranceEurope42,330202243,659202144,2292021
 AndorraEurope40,723202242,137202142,0662021
 US Virgin IslandsAmericas—39,5522020—
 Puerto RicoAmericas38,443202232,641202132,7162021
 KuwaitAsia38,123202224,300202032,1502021
 European Union[n 1]Europe37,280202238,411202131,875[8]2021
 New CaledoniaOceania—37,160202134,9942021
 GuamOceania—35,9052021—
 TaiwanAsia35,5132022——
 JapanAsia34,358202239,313202139,6502021
 ItalyEurope33,740202235,658202135,5792021
 MacauAsia33,608202243,874202143,5552021
 South KoreaAsia33,592202234,998202134,9402021
 MaltaEurope32,912202233,487202133,6422021
 BahamasAmericas32,246202227,478202127,4782021
 ArubaAmericas31,990202229,342202129,3422021
 CyprusAsia29,535[n 2]202231,552[n 2]202132,281[n 2]2021
 SloveniaEurope29,469202229,291202129,1352021
 EstoniaEurope29,344202227,944202127,9912021
 SpainEurope29,198202230,104202130,0582021
 BahrainAsia28,692202226,563202126,5632021
 Czech RepublicEurope28,095202226,821202126,8092021
 Saudi ArabiaAsia27,941202223,186202123,1862021
 Sint Maarten (Dutch part)Americas—28,988201826,1992021
 PortugalEurope24,910202224,568202124,6512021
 LithuaniaEurope24,032202223,723202123,8442021
 Northern Mariana IslandsOceania—23,7072019—
 OmanAsia23,542202219,510202119,5092021
 IranAsia23,034[n 3]20224,09120216,7662021
 Saint Martin (French part)Americas—21,9212014—
 LatviaEurope21,482202221,148202121,2672021
 Turks and Caicos IslandsAmericas—20,909202120,9092021
 GreeceEurope20,876202220,193202120,5712021
 Trinidad and TobagoAmericas20,746202216,033202116,0332021
 SlovakiaEurope20,565202221,392202121,3902021
 SeychellesAfrica20,266202214,653202112,0852021
 UruguayAmericas20,018202217,313202117,3132021
 BarbadosAmericas20,004202217,226202117,2252021
 French PolynesiaOceania—19,915202119,9152021
 Cook IslandsOceania——19,2642021
 AnguillaAmericas——19,2162021
 Saint Kitts and NevisAmericas19,129202218,083202118,0832021
 PolandEurope19,023202218,000202117,7362021
 HungaryEurope18,983202218,728202118,7282021
 GuyanaAmericas18,74520229,99920219,9992021
 CuraçaoAmericas—17,718202114,1832021
 CroatiaEurope17,318202217,685202116,9832021
 Antigua and BarbudaAmericas16,787202215,781202115,2462021
 MontserratAmericas——16,1992021
 PanamaAmericas16,173202214,618202114,6182021
 American SamoaOceania—15,7432021—
 RomaniaEurope15,619202214,858202114,6982021
 ChileAmericas15,604202216,265202116,2652021
 MaldivesAsia15,097202210,366202110,3662021
 RussiaEurope14,665202212,195202112,2592021
 ArgentinaAmericas13,622202210,636202110,7612021
 World13,400202212,235202112,2302021
 MalaysiaAsia13,108202211,109202111,1012021
 Costa RicaAmericas13,090202212,472202112,4722021
 ChinaAsia12,970[n 4]202212,556[n 5]202112,437[n 4]2021
 PalauOceania12,663202212,084202112,0842021
 BulgariaEurope12,505202212,222202112,2072021
 TurkmenistanAsia11,92920227,34520198,5082021
 KazakhstanAsia11,591202210,374202110,0552021
 Equatorial GuineaAfrica11,26420227,50720217,6052021
 CubaAmericas—9,500202011,2552021
 MexicoAmericas10,948202210,046202110,0462021
 Saint LuciaAmericas10,76320229,41420219,8242021
 Dominican RepublicAmericas10,57320228,47720218,4772021
 GrenadaAmericas10,47720229,01120218,9502021
 GabonAfrica10,28220228,63520217,9112021
 NauruOceania10,005202210,648202112,3902021
 TurkeyAsia9,96120229,66120219,6612021
 MontenegroEurope9,85020229,46620219,2522021
 SerbiaEurope9,16420229,23020218,6432021
 MauritiusAfrica9,11220229,10620218,8732021
 BrazilAmericas8,85720227,50720217,5072021
 BelarusEurope8,56720227,30220217,1212021
 Saint Vincent and the GrenadinesAmericas8,54620228,66620218,4402021
 DominicaAmericas8,08620227,65320217,5712021
 ThailandAsia7,63120227,06620217,0672021
 BotswanaAfrica7,34820226,80520216,8052021
 PeruAmericas7,00520226,62220216,6222021
 AzerbaijanAsia6,84220225,38820215,2962021
 Bosnia and HerzegovinaEurope6,81820227,14320217,1432021
 North MacedoniaEurope6,81620226,69520216,6002021
 LebanonAsia3,58920204,13620216,7852021
 GeorgiaAsia6,770[n 6]20225,023[n 6]20214,975[n 6]2021
 South AfricaAfrica6,73920227,05520217,0552021
 IraqAsia6,69620224,77520214,6862021
 ColombiaAmericas6,64420226,10420216,1042021
 EcuadorAmericas6,41320225,96520215,9652021
 AlbaniaEurope6,36920226,49320216,3962021
 BelizeAmericas6,09620226,22820216,2292021
 LibyaAfrica6,02620226,35720215,7912021
 ArmeniaAsia5,97220224,96720214,9672021
 TuvaluOceania5,90020225,63220215,3702021
 JamaicaAmericas5,87020225,18420215,1842021
 ParaguayAmericas5,61520225,89220216,0352021
 MoldovaEurope5,529[n 7]20225,231[n 7]20214,468[n 7]2021
 FijiOceania5,34120224,64720214,6472021
 KosovoEurope5,23020225,27020215,6632021
 TongaOceania5,00820224,42620214,4512021
 El SalvadorAmericas4,88320224,55120214,5512021
 GuatemalaAmericas4,88020225,02620214,8832021
 SurinameAmericas4,88020224,86920215,2592021
 UkraineEurope4,862[n 8]20214,836[n 8]20214,596 [n 8]2021
 Marshall IslandsOceania4,85920226,17220216,1112021
 NamibiaAfrica4,80920224,86620214,8362021
 IndonesiaAsia4,69120224,33320214,3332021
 JordanAsia4,66620224,10320214,0582021
 MongoliaAsia4,54220224,56620214,5102021
 EgyptAfrica4,50420223,69920213,8982021
 VietnamAsia4,16320223,75720213,7562021
 AlgeriaAfrica4,15120223,69120213,7002021
 SamoaOceania4,12820223,85720213,9192021
 MicronesiaOceania4,07220223,57120213,5732021
 EswatiniAfrica4,05620223,97820213,9692021
 MoroccoAfrica3,89620223,79520213,8532021
 TunisiaAfrica3,81620223,80720213,8072021
 AngolaAfrica3,79120221,95420212,2582021
 DjiboutiAfrica3,66620223,15020213,3482021
 BoliviaAmericas3,63120223,34520213,3452021
 Cape VerdeAfrica3,60020223,29320213,2932021
 PhilippinesAsia3,59720223,46120213,4612021
 BhutanAsia3,56220223,26620213,0632021
 PalestineAsia3,517[n 9]20223,664[n 9]20213,514[n 10]2021
 Papua New GuineaOceania3,42720222,67320212,6732021
 Sri LankaAsia3,29320224,01420213,9182021
 VenezuelaAmericas3,052202215,97620143,9652021
 VanuatuOceania3,05020222,99720213,0732021
 HondurasAmericas2,96920222,77220212,7722021
 CongoAfrica2,94520222,29020212,2002021
 BangladeshAsia2,73420222,45820212,4502021
 IndiaAsia2,46620222,25720212,2742021
 ZimbabweAfrica2,42020221,77420211,5082021
 Ivory CoastAfrica2,41820222,54920212,5392021
 NicaraguaAmericas2,37520222,04620212,0462021
 GhanaAfrica2,36920222,36320212,4092021
 MauritaniaAfrica2,32820222,16620212,1662021
 NigeriaAfrica2,32620222,06620212,0192021
 KenyaAfrica2,25520222,08220212,0822021
 UzbekistanAsia2,24320221,98320212,0322021
 Solomon IslandsOceania2,24020222,30520212,3062021
 São Tomé and PríncipeAfrica2,23120222,36120212,4862021
 LaosAsia2,17220222,53620212,5692021
 Timor-LesteAsia1,79320222,74120211,5172021
 CambodiaAsia1,77120221,62520211,6082021
 KiribatiOceania1,67320221,60720211,7652021
 HaitiAmericas1,67320221,83020211,6642021
 PakistanAsia1,65820221,50520211,4802021
 CameroonAfrica1,58420221,66720211,6682021
 SenegalAfrica1,55820221,63720211,6372021
 KyrgyzstanAsia1,43520221,27720211,3392021
 BeninAfrica1,36720221,31920211,3612021
 ZambiaAfrica1,34820221,13720211,0952021
 GuineaAfrica1,34620221,18920211,1852021
 ComorosAfrica1,30020221,57820211,6312021
 NepalAsia1,29320221,20820211,1592021
 TanzaniaAfrica1,24520221,09920211,136[n 11]2021
 ZanzibarAfrica——1,2112021
 LesothoAfrica1,18720221,09420211,0402021
 UgandaAfrica1,106202288420219302021
 MyanmarAsia1,10520221,21020211,0892021
 EthiopiaAfrica1,098202292520218252021
 TajikistanAsia1,015202289720218972021
 TogoAfrica961202297320219442021
 SyriaAsia—53320209252021
 SudanAfrica916202275220217862021
 RwandaAfrica913202282220218222021
 YemenAsia874202270220183022021
 MaliAfrica858202287420218752021
 Guinea-BissauAfrica857202279520217592021
 GambiaAfrica846202277220217722021
 Burkina FasoAfrica825202289320218932021
 ChadAfrica743202268620219552021
 LiberiaAfrica735202267620214712021
 DR CongoAfrica660202257720215512021
 North KoreaAsia——6542021
 EritreaAfrica647202264420116232021
 NigerAfrica561202259120215912021
 MozambiqueAfrica542202249220214922021
 SomaliaAfrica539202244720214472021
 MalawiAfrica523202263520216132021
 MadagascarAfrica522202250120215002021
 Central African RepublicAfrica496202246120214612021
 Sierra LeoneAfrica494202248020215052021
 AfghanistanAsia611202036920213732021
 South SudanAfrica32820221,07220154002021
 BurundiAfrica293202222220213112021

Notes:

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[9]

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. "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. 55, NO. 2". IMF Finance & Development. June 2018.
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