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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, Ireland and Luxembourg.
GDP per capita (nominal) is a raw figure that does not take into account the differences in the cost of living between one country and another. In contrast, GDP per capita (PPP) factors in each country’s relative cost of living and inflation rate.
1960 - 2022. Country. Most Recent Year. GDP per capita (current US$) from The World Bank: Data.
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.
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
May 14, 2024 · Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of -33.90%. Three economies will experience a negative growth rate in 2024. Kuwait has the lowest growth rate of -1.44%, followed by Estonia (-0.53%).
Standard of living: income distribution. Gross domestic product per capita and level of urbanization. GDP per capita is often used as an indicator of living standards. [36]
