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 2021.
  >$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]
EstimateYearEstimateYearEstimateYear
 Liechtenstein *EuropeN/A180,2272020175,8142019
 Monaco *EuropeN/A173,6962020190,5132019
 Luxembourg *Europe135,0462022117,1822020115,8742020
 Bermuda *AmericasN/A123,9452020107,0802020
 Ireland *Europe101,509202286,251202085,2682020
 Norway *Europe99,481202266,871202067,3902020
 Cayman Islands *AmericasN/A95,191202085,0832020
 Switzerland *Europe96,390202286,919202087,0972020
 Qatar *Asia84,514202250,815202050,1242020
 Brunei *Asia79,816202227,437202027,4432020
 Singapore *Asia79,576202258,114202059,7982020
 United States *Americas76,027202263,123202063,4142020
 Iceland *Europe74,417202263,644202059,2702020
 Denmark *Europe68,094202261,477202061,0632020
 Australia *Oceania67,464202255,823202051,6932020
 Sweden *Europe57,978202253,575202052,2742020
 Netherlands *Europe57,836202253,334202052,3972020
 Canada *Americas57,406202243,560202043,2582020
 Greenland *AmericasN/A55,139202053,0412019
 Israel *Asia54,688202247,034202044,1692020
 Finland *Europe53,745202248,685202048,7732020
 Austria *Europe53,371202248,106202048,5872020
 Belgium *Europe52,485202245,028202045,1592020
 Germany *Europe51,104202245,909202046,2082020
 Macau *Asia50,578202237,474202039,4032020
 United Arab Emirates *Asia50,349202236,285202036,2852020
 San Marino *Europe49,901202245,832202047,7312019
 Hong Kong *Asia49,850202246,611202046,3242020
 New Zealand *Oceania49,847202243,972202041,4422020
 United Kingdom *Europe49,761202240,718202041,1252020
 British Virgin Islands *AmericasN/A49,3572020N/A
 France *Europe44,747202238,959202039,0302020
 Andorra *Europe41,930202237,072202040,8972019
 Japan *Asia39,243202239,990202040,1932020
 Kuwait *Asia38,755202224,809202024,8122020
 Puerto Rico *Americas37,823202236,052202032,2912020
 Taiwan *Asia36,051202228,383[8][9]2020N/A
 South Korea *Asia34,994202231,947202031,6322020
 Italy *Europe34,777202231,238202031,7142020
 Guam *OceaniaN/AN/A34,6242020
 New Caledonia *OceaniaN/A34,006202034,7892019
 Malta *Europe33,094202233,771202027,8852020
 Bahamas *Americas32,077202225,194202025,1942020
 Cyprus *Europe30,663202228,133202026,6242020
 Slovenia *Europe30,159202225,777202025,5172020
 Spain *Europe30,157202227,409202027,0632020
 Bahrain *Asia29,103202219,925202020,4102020
 Aruba *Americas28,863202223,386202030,2532018
 Saudi Arabia *Asia28,759202220,110202020,1102020
 Estonia *Europe27,971202223,106202023,0272020
 Czech Republic *Europe27,609202222,911202022,9322020
 Lithuania *Europe25,015202220,772202020,2342020
 Portugal *Europe24,495202222,413202022,1762020
 Turks and Caicos IslandsAmericasN/A23,881202023,8802020
 Oman *Asia23,416202212,409202012,6602020
 Slovakia *Europe21,665202219,264202019,2672020
 Latvia *Europe21,311202217,871202017,7262020
 Greece *Europe20,940202218,117202017,6232020
 French Polynesia *OceaniaN/A20,707202014,3242000
 Northern Mariana Islands *OceaniaN/AN/A20,6602019
 Hungary *Europe20,336202216,129202015,9812020
 Iran *Asia20,261202211,18320202,4232020
 Sint Maarten *AmericasN/A20,000202029,1602018
 Saint Kitts and Nevis *Americas19,117202217,434202018,4382020
 Barbados *Americas19,110202215,449202015,3742020
 Poland *Europe18,506202215,764202015,7212020
 Uruguay *Americas18,083202215,438202015,4382020
 Trinidad and Tobago *Americas17,921202215,286202015,4262020
 Seychelles *Africa17,693202210,767202010,7642020
 Croatia *Europe17,338202213,934202014,1342020
 Anguilla *AmericasN/A17,2262020N/A
 Guyana *Americas17,10820226,95620206,9562020
 Curaçao *AmericasN/A15,819202016,7462020
 Cook Islands *OceaniaN/A16,1352020N/A
 Antigua and Barbuda *Americas16,085202213,993202013,9932020
 Panama *Americas16,038202212,269202012,5102020
 Chile *Americas15,941202213,232202013,2322020
 Romania *Europe14,825202212,929202012,8962020
 China *Asia14,096[n 1]202210,229[n 1]202010,4352020
 Maldives *Asia14,07820226,92420206,9242020
 Palau *Oceania13,706202214,567202014,2442020
 Montserrat *AmericasN/A13,5232020N/A
 Malaysia *Asia13,268202210,402202010,4122020
 Bulgaria *Europe13,101202210,058202010,0792020
 American Samoa *OceaniaN/AN/A12,8452020
 Russia *Europe12,575202210,166202010,1272020
 Costa Rica *Americas12,483202212,077202012,1412020
 Turkmenistan *Asia12,27420227,10420207,6122019
 Argentina *Americas12,18720228,47620208,5792020
 Saint Lucia *Americas11,36420228,80520208,8052020
 WorldN/A10,949202010,9262020
 Equatorial Guinea *Africa10,90220227,14320207,1432020
 Grenada *Americas10,47220229,27320209,2622020
 Gabon *Africa10,39020226,78920207,0062020
 Dominican Republic *Americas10,25920227,26820207,2682020
 Mexico *Americas10,16620228,32620208,3292020
 Nauru *Oceania10,005202212,510202010,5802020
 Kazakhstan *Asia10,00320229,11120209,1222020
 Montenegro *Europe9,67320227,62620207,6772020
 Serbia *Europe9,50320227,65620207,7212020
 Cuba *AmericasN/A9,47820209,4782020
 Lebanon *Asia4,00320209,31020204,6502020
 Mauritius *Africa8,89220228,58720208,6282020
 Saint Vincent and the Grenadines *Americas8,59520227,29820207,2982020
 Dominica *Americas8,57520227,03820207,2682020
 Brazil *Americas8,57020226,79720206,7972020
 Turkey *Asia8,08120228,53820208,5362020
 Botswana *Africa7,51920226,71120206,7112020
 Thailand *Asia7,44920227,18920207,1892020
 Libya *Africa7,19720224,24320203,6992020
 Azerbaijan *Asia7,16520224,20220204,2142020
 Iraq *Asia7,03820224,14620204,1582020
 Peru *Americas7,03420226,16320206,1272020
 South Africa *Africa6,97920225,09420205,0912020
 North Macedonia *Europe6,86320225,88620205,8882020
 Colombia *Americas6,80720225,33320205,3332020
 Bosnia and Herzegovina *Europe6,72620226,03520206,0322020
 Ecuador *Americas6,41220225,60020205,6002020
 Belarus *Europe6,38420226,37720206,4112020
 Albania *Europe6,26020225,18120205,2152020
 Tuvalu *Oceania6,04720224,64820204,1432020
 Jamaica *Americas5,73020224,66520204,6652020
 Fiji *Oceania5,68520225,01320204,8822020
 Paraguay *Americas5,62620224,95020204,9502020
 Georgia *Asia5,61820223,98420204,2792020
 Moldova *Europe5,43520222,95420204,5512020
 Kosovo *Europe5,35520224,36820204,2872020
 Tonga *Oceania5,28320224,64620204,9032019
 Mongolia *Asia5,20620224,00720204,0072020
 Namibia *Africa5,01620224,21520204,2112020
 Guatemala *Americas4,86420224,33220204,6032020
 Suriname *Americas4,84320227,02320206,4912020
 Ukraine *Europe4,82820213,55720203,7272020
 Marshall Islands *Oceania4,75620224,13020204,0732019
 Armenia *Asia4,74120224,26620204,2682020
 Indonesia *Asia4,69120223,87020203,8702020
 El Salvador *Americas4,68920223,79920203,7992020
 Jordan *Asia4,63520224,28320204,2832020
 Belize *Americas4,52020223,98820204,4362020
 Algeria *Africa4,29420223,36820203,3102020
 Egypt *Africa4,16220223,60920203,5482020
 Vietnam *Asia4,12220222,78620202,7862020
 Micronesia *Oceania4,06620223,50020203,5852019
 Samoa *Oceania4,05920223,89020204,0682020
 Eswatini *Africa4,03620223,30620203,4162020
 Angola *Africa3,79320221,89620201,8962020
 Djibouti *Africa3,77520223,46520203,4262020
 Tunisia *Africa3,76320223,31820203,3202020
 Sri Lanka *Asia3,69920223,76820203,6822020
 Philippines *Asia3,68720223,29920203,2992020
 Palestine *Asia3,682[n 2]20223,05020203,2402020
 Morocco *Africa3,62920223,10820203,0092020
 Cape Verde *Africa3,50320223,06420203,0642020
 Bhutan *Asia3,49120223,21820203,1222020
 Bolivia *Americas3,43120223,13320203,1432020
 Papua New Guinea *Oceania3,26920222,64020202,6372020
 Congo *Africa3,24320221,83020201,9732020
 Vanuatu *Oceania3,14520222,78320202,7832020
 Honduras *Americas2,92520222,40620202,4062020
 Ivory Coast *Africa2,57420222,31820202,3262020
 Nicaragua *Americas2,38420221,90520201,9052020
 Bangladesh *Asia2,36220222,00120201,9692020
 Nigeria *Africa2,35620222,08520202,0972020
 India *Asia2,34220221,93120201,9012020
 Solomon Islands *Oceania2,33420222,25120202,2582020
 Laos *Asia2,31920222,62320202,6302020
 São Tomé and Príncipe *Africa2,31520222,17420202,1582020
 Ghana *Africa2,30320222,20620202,3292020
 Zimbabwe *Africa2,30120221,46620201,1282020
 Kenya *Africa2,25220221,87920201,8382020
 Mauritania *Africa2,14120221,70220201,6732020
 Uzbekistan *Asia2,07120221,72420201,6862020
 Venezuela *Americas1,82420223,740202016,0562014
 Cambodia *Asia1,75220221,51320201,5132020
 Kiribati *Oceania1,74520221,51520201,6712020
 Haiti *Americas1,67220221,36020201,1772020
 Cameroon *Africa1,63820221,50220201,4992020
 Senegal *Africa1,60920221,45820201,4882020
 Pakistan *Asia1,56220211,16720201,1942020
 Benin *Africa1,43220221,25420201,2912020
 Guinea *Africa1,42820221,17920201,1942020
 East Timor *Asia1,40220221,44320201,3812020
 Comoros *Africa1,37120221,42120201,4032020
 Zambia *Africa1,330202298520201,0512020
 Kyrgyzstan *Asia1,32720221,18620201,1742020
 Myanmar *Asia1,28520221,29220201,4002020
 Tanzania *Africa1,26020221,115[n 3]20201,0772020
 Lesotho *Africa1,21320221,06120208612020
 Nepal *Asia1,20320221,13520201,1552020
 Uganda *Africa1,060202284620208172020
 Ethiopia *Africa1,040202284020209362020
 ZanzibarAfricaN/A1,0312020N/A
 Togo *Africa1,000202286320209152020
 Rwanda *Africa910202279820207982020
 Mali *Africa897202285620208592020
 Yemen *Asia891202293720208242018
 Syria *Asia2,807201089020202,0332007
 Burkina Faso *Africa886202283120208312020
 Guinea-Bissau *Africa873202266820207282020
 Gambia *Africa844202275720207872020
 Tajikistan *Asia795202283820208592020
 Liberia *Africa776202249120205832020
 Chad *Africa743202267920206152020
 Eritrea *Africa701202258820206432011
 Sudan *Africa67420221,41520205962020
 DR Congo *Africa669202250620205572020
 North Korea *AsiaN/A6182020N/A
 Afghanistan *Asia611202050820205092020
 Niger *Africa599202256820202,0972020
 Mozambique *Africa547202244920204492020
 Malawi *Africa545202261520206252020
 Somalia *Africa544202211820203092020
 Central African Republic *Africa527202248120204772020
 Sierra Leone *Africa513202247520204852020
 Madagascar *Africa504202247020204962020
 South Sudan *Africa39320221,42120201,1202015
 Burundi *Africa272202228620202742020

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
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[10]

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

See also

Notes
  1. 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. , (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.
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