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- Gross domestic product per capita measures a country's economic output per person and is calculated by dividing the GDP of a country by its population. It is a global measure for gauging the prosperity of nations and is used by economists, along with GDP, to analyze the prosperity of a country based on its economic growth.
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List of countries by GDP (nominal) per capita. Countries or territories by GDP (nominal) per capita in 2023. >$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.
GDP (PPP) per capita (2022) GDP (nominal) per capita (2022) vs. World PPP GDP per capita ($20,645) 1: Luxembourg: $142,214 : $127,046: 689% ; 2: Singapore: $127,565 : $78,115: 618% ; 3: Ireland: $126,905 : $105,362: 615% ; 4: Norway: $114,899 : $106,594: 557% ; 5: Qatar: $114,648 : $88,046: 555% ; 6: United Arab Emirates: $87,729 : $53,758: 425 ...
- What Is GDP Per Capita?
- Understanding GDP Per Capita
- GDP Per Capita vs. Gross Domestic Product
- Applications of GDP Per Capita
- Countries with The Highest GDP Per Capita
- Global Growth Projections
- The Bottom Line
Gross domestic product (GDP) per capita is an economic metric that breaks down a country's economic output per person. Economists use GDP per capita to determine how prosperous countries are based on their economic growth. GDP per capita is calculated by dividing the GDP of a nation by its population. Countries with a higher GDP per capita tend to ...
Gross domestic productper capita is a global measure for gauging the prosperity of nations and is used by economists to analyze the prosperity of a country based on its economic growth. There are a few ways to analyze a country’s wealth and prosperity. GDP per capita is the most universal because its components are regularly tracked on a global sca...
GDP itself is the primary measure of a country's economic productivity. A country's GDP shows the market value of goods and services it produces. In the United States, the Bureau of Economic Analysis (BEA)reports GDP every quarter. Economists watch this quarterly report closely for the quarter-over-quarter and annual growth figures that can assist ...
Governments can use GDP per capita to understand how the economy is growing with its population. GDP per capita analysis on a national level can provide insights into a country’s domestic population influence. It is important to look at each variable’s overall contribution to understand how an economy is growing or contracting in terms of its peopl...
Below are the top 10 countries with the highest GDP per capita in 2024, according to the International Monetary Fund (IMF). Many of the countries on the list have relatively small populations. Luxembourg, at the top of the list, has one of the smallest populations, with about 660,000 people in 2023. Most of the small population countries are energy...
The IMF provides a regular outlook on global growth. It expects global growth of 3.1% in 2024 and 3.2% in 2025. The projection is slightly higher than the projection the IMF provided in October 2023, due to the resilience of the U.S. economy and many large emerging market and developing economies. The 2024/2025 projection, however, is lower than th...
GDP per capita is a popular metric for the average prosperity and well-being of a country. Unlike some other measures of economic productivity, it takes population size into account, allowing easy comparisons between countries with different sizes.
In 2019, the estimated average GDP per capita (PPP) of all of the countries of the world was Int$ 18,381. [a] For rankings regarding wealth, see list of countries by wealth per adult . Method. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations.
Country/territoryUn RegionImf [5] [6](estimate)Imf [5] [6](year)476202389020231,10920231,5102023Country. Most Recent Year. Most Recent Value. GDP per capita (current US$) from The World Bank: Data.
See the latest data on economic growth and income levels from 1990 to 2021, adjusted for inflation and cost-of-living differences. This data is based on the International Comparison Program (ICP) and the World Development Indicators (WDI) of the World Bank.
World Bank Data