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Which country has the highest GDP per capita?
What is the average GDP per capita (PPP) of all countries?
What is a country's GDP at purchasing power parity (PPP) per capita?
Why is PPP more important than GDP per capita?
Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. The data given on this page are based on the international dollar , a standardized unit used by economists.
List of countries by GDP (PPP) per capita. A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Country/territoryUn RegionImf [5] [6](projection)Imf [5] [6](year)455202491620241,12320241,5522024The average for 2022 based on 179 countries was 22555 U.S. dollars. The highest value was in Luxembourg: 117747 U.S. dollars and the lowest value was in Burundi: 708 U.S. dollars. The indicator is available from 1990 to 2022. Below is a chart for all countries where data are available.
Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita.
Gross domestic product (GDP) is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. GDP per capita is an evolution of this metric, and is obtained by dividing a country's GDP by its population.
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.
May 15, 2024 · Luxembourg is currently the richest country in the world based on its GDP per capita (PPP) of $143,742 according to the 2024 IMF report. Ireland, Singapore, and Qatar trail behind at $133,895, $133,737, and $112,282, respectively.
