In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.
In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.
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The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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The data consists of the country's GDP (2022). The table is initially ranked by the average of the available estimates for each country or territory and can be reranked by either of the sources.
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The average for 2024 based on 177 countries was 3.2 percent. The highest value was in Guyana: 43.37 percent and the lowest value was in Palestine: -26.56 percent. The indicator is available from 1961 to 2024. Below is a chart for all countries where data are available.
In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.
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This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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The average for 2022 based on 175 countries was -2.64 percent. The highest value was in Kiribati: 35.68 percent and the lowest value was in Palau: -60.03 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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The average for 2022 based on 75 countries was 74.88 percent. The highest value was in Hong Kong: 1273.23 percent and the lowest value was in Armenia: 1.29 percent. The indicator is available from 1975 to 2024. Below is a chart for all countries where data are available.
The European Union is comprised of 27 member states who share the European Single Market, a common trade area which ensures the free movement of goods, services, capital, and people. As of 2024, the largest economies in the EU were Germany, France, Italy, Spain, and the Netherlands, with these countries making up the vast majority of the EU's almost 17 trillion Euro GDP. The relatively small island member states of Cyprus and Malta come in at the bottom of the list, with GDPs of around 23 and 33 billion Euros respectively.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Time series data for the statistic GDP deflator (base year varies by country) and country Virgin Islands (U.S.). Indicator Definition:The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.The indicator "GDP deflator (base year varies by country)" stands at 117.12 as of 12/31/2022, the highest value at least since 12/31/2003, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 5.04 percent compared to the value the year prior.The 1 year change in percent is 5.04.The 3 year change in percent is 12.63.The 5 year change in percent is 16.69.The 10 year change in percent is 17.12.The Serie's long term average value is 92.21. It's latest available value, on 12/31/2022, is 27.02 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2002, to it's latest available value, on 12/31/2022, is +72.24%.The Serie's change in percent from it's maximum value, on 12/31/2022, to it's latest available value, on 12/31/2022, is 0.0%.
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Time series data for the statistic GDP deflator (base year varies by country) and country Guam. Indicator Definition:The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.The indicator "GDP deflator (base year varies by country)" stands at 127.49 as of 12/31/2022, the highest value at least since 12/31/2003, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 5.47 percent compared to the value the year prior.The 1 year change in percent is 5.47.The 3 year change in percent is 13.29.The 5 year change in percent is 17.76.The 10 year change in percent is 27.49.The Serie's long term average value is 99.29. It's latest available value, on 12/31/2022, is 28.40 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2002, to it's latest available value, on 12/31/2022, is +70.88%.The Serie's change in percent from it's maximum value, on 12/31/2022, to it's latest available value, on 12/31/2022, is 0.0%.
In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.
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The Gross Domestic Product (GDP) in Israel was worth 540.38 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Israel represents 0.51 percent of the world economy. This dataset provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Time series data for the statistic GDP per person employed (constant 2017 PPP $) and country Sudan. Indicator Definition:GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2017 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.The indicator "GDP per person employed (constant 2017 PPP $)" stands at 15.28 Thousand usd as of 12/31/2022, the lowest value since 12/31/1997. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -6.06 percent compared to the value the year prior.The 1 year change in percent is -6.06.The 3 year change in percent is -12.30.The 5 year change in percent is -20.25.The 10 year change in percent is -18.79.The Serie's long term average value is 18.92 Thousand usd. It's latest available value, on 12/31/2022, is 19.25 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1991, to it's latest available value, on 12/31/2022, is +10.64%.The Serie's change in percent from it's maximum value, on 12/31/2008, to it's latest available value, on 12/31/2022, is -38.65%.
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The average for 2022 based on 37 countries was 81.93 index points. The highest value was in Ireland: 177.64 index points and the lowest value was in Colombia: 22.41 index points. The indicator is available from 1970 to 2022. Below is a chart for all countries where data are available.
In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.