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.

The Gross Domestic Product per capita in Japan was last recorded at 37144.91 US dollars in 2024. The GDP per Capita in Japan is equivalent to 294 percent of the world's average. This dataset provides - Japan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

Context : - 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. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country.

• 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.

Method

• The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Such calculations are prepared by various organizations, including the IMF and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution.

• Comparisons of national wealth are frequently made on the basis of nominal GDP and savings (not just income), which do not reflect differences in the cost of living in different countries (see List of countries by GDP (nominal) per capita); hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between economies because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income.

• This is why GDP (PPP) per capita is often considered one of the indicators of a country's standard of living,[3][4] although this can be problematic because GDP per capita is not a measure of personal income. (See Standard of living and GDP.)

• GDP (PPP) and GDP (PPP) per capita are usually measured by international dollar, which is a hypothetical currency that has the same purchasing power in every economy as the U.S. dollar in the United States.

Content

All figures are in current international dollars, and rounded to the nearest whole number.

The table initially ranks each country or territory with their latest available year's estimates, and can be reranked by either of the sources

• Nearly all country links in the table connect to articles titled "Income in (country or territory)" or to "Economy of (country or territory)".

Data Columns:

• Index of Serial Number
• Name of the U N Region
• International Monetary Fund (IMF) Data.
• World Bank Data.
• Central Intelligence Agency (CIA) Data.

Acknowledgements

The Method for collecting the Data is Web Scraping Wikipedia.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

The graph shows per capita gross domestic product (GDP) in China until 2024, with forecasts until 2030. In 2024, per capita GDP reached around 13,300 U.S. dollars in China. That year, the overall GDP of China had amounted to 18.7 trillion U.S. dollars. Per capita GDP in China Gross domestic product is a commonly-used economic indicator for measuring the state of a country's economy. GDP is the total market value of goods and services produced in a country within a given period of time, usually a year. Per capita GDP is defined as the GDP divided by the total number of people in the country. This indicator is generally used to compare the economic prosperity of countries with varying population sizes.In 2010, China overtook Japan and became the world’s second-largest economy. As of 2024, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2023, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked second among BRIC countries in terms of GDP per capita. Future development According to projections by the IMF, per capita GDP in China will escalate from around 13,300 U.S. dollars in 2024 to 18,600 U.S. dollars in 2030. Major reasons for this are comparatively high economic growth rates combined with negative population growth. China's economic structure is also undergoing changes. A major trend lies in the shift from an industry-based to a service-based economy.

Context

The World Happiness Ranking focuses on the social, urban, and natural environment. Specifically, the ranking relies on self-reports from residents of how they weigh the quality of life they are currently experiencing which englobes three main points: current life evaluation, expected future life evaluation, positive and negative affect (emotion). Half of the underlying data comes from multiple Gallup world polls which asked people to give their assessment of the previously mentioned points, and the other half of the data is comprised of six variables that could be used to try to explain the individuals’ perception in their answers.

Content

The data sources’ datasets were obtained in two different formats. The World Happiness Ranking Dataset is a Comma-separated Values (CSV) file with multiple columns (for the different variables and the score) and a row for each of the analyzed countries.

The rankings of national happiness are based on a Cantril ladder survey. Nationally representative samples of respondents are asked to think of a ladder, with the best possible life for them being a 10, and the worst possible life being a 0. They are then asked to rate their own current lives on that 0 to 10 scale. The report correlates the results with various life factors.

1. GDP per capita is in terms of Purchasing Power Parity (PPP) adjusted to constant 2011 international dollars, taken from the World Development Indicators (WDI) released by the World Bank on November 28, 2019. See Statistical Appendix 1 for more details. GDP data for 2019 are not yet available, so we extend the GDP time series from 2018 to 2019 using country-specific forecasts of real GDP growth from the OECD Economic Outlook No. 106 (Edition November 2019) and the World Bank’s Global Economic Prospects (Last Updated: 06/04/2019), after adjustment for population growth. The equation uses the natural log of GDP per capita, as this form fits the data significantly better than GDP per capita.
2. The time series of healthy life expectancy at birth are constructed based on data from the World Health Organization (WHO) Global Health Observatory data repository, with data available for 2005, 2010, 2015, and 2016. To match this report’s sample period, interpolation and extrapolation are used. See Statistical Appendix 1 for more details.
3. Social support is the national average of the binary responses (0=no, 1=yes) to the Gallup World Poll (GWP) question, “If you were in trouble, do you have relatives or friends you can count on to help you whenever you need them, or not?”
4. Freedom to make life choices is the national average of binary responses to the GWP question, “Are you satisfied or dissatisfied with your freedom to choose what you do with your life?”
5. Generosity is the residual of regressing the national average of GWP responses to the question, “Have you donated money to a charity in the past month?” on GDP per capita.
6. Perceptions of corruption are the average of binary answers to two GWP questions: “Is corruption widespread throughout the government or not?” and “Is corruption widespread within businesses or not?” Where data for government corruption are missing, the perception of business corruption is used as the overall corruption-perception measure.
7. Positive affect is defined as the average of previous-day affect measures for happiness, laughter, and enjoyment for GWP waves 3-7 (years 2008 to 2012, and some in 2013). It is defined as the average of laughter and enjoyment for other waves where the happiness question was not asked. The general form for the affect questions is: Did you experience the following feelings during a lot of the day yesterday? See Statistical Appendix 1 for more details.
8. Negative affect is defined as the average of previous-day affect measures for worry, sadness, and anger in all years.

Acknowledgements

The World Happiness Report is a publication of the Sustainable Development Solutions Network, powered by data from the Gallup World Poll, and supported by the Ernesto Illy Foundation, illycaffè, Davines Group, Blue Chip Foundation, the William, Jeff, and Jennifer Gross Family Foundation, and Unilever’s largest ice cream brand Wall’s.

Inspiration

Find the relationship between the ladder score and the other pieces of data.

In 2019, Venezuela’s estimated gross domestic product (GDP) per capita dropped to 2,624.41 U.S. dollars from 3,529.72 U.S. dollars the year before. the country's GDP has been on a continuous downswing for about a decade now - in 2010, it amounted to more than 11,000 U.S. dollars, and seemed to recover from a sudden slump again in 2016, before decreasing rapidly ever since. GDP per capita is a measurement of a country’s economic output that accounts for its number of people, thus making it a good measurement of a country’s standard of living. A time of economic hardships Currently, a major economic crisis is shaking Venezuela, resulting in hyperinflation, food and water shortages, and unemployment. Venezuela’s inflation rate has skyrocketed to over 900,000 percent in 2018, and the economy is suffering, with the Venezuelan GDP growth decreasing substantially each year since 2014. A population affected by instability In response to the economic and political climate, many are leaving the country for places such as Colombia, Peru, and Ecuador, with hopes for more stability and better economic prospects. Due in part to this, Venezuela’s population growth has decreased consistently over the last five years: In 2019, the country’s population was around 28 million inhabitants - a figure that is estimated to decrease further in the future.

The Gross Domestic Product per capita in Egypt was last recorded at 4137.61 US dollars in 2024. The GDP per Capita in Egypt is equivalent to 33 percent of the world's average. This dataset provides the latest reported value for - Egypt GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

World Happiness Report 2019

The report ranks the 156 countries on the basis of 9 parameters few of them being GDP per capita, Perception of corruption, life expectancy, freedom to make choices and many more.

Scores are given based on various parameters and then overall Rank is decided. Finland is the Most Happiest Country and South Sudan ranking the worst.

The notebook contains 1) Data Exploration using Pandas 2) Data Visualization using Poltly

I would like to thank Kaggle for providing the platform to share, learn and contribute. Multiple data sources from where information was gathered.

Germany’s GDP per capita stood at almost 54,989.76 U.S. dollars in 2024. Germany ranked among the top 20 countries worldwide with the highest GDP per capita in 2021 – Luxembourg, Ireland and Switzerland were ranked the top three nations. Rising annual income in Germany The average annual wage in Germany has increased by around 5,000 euros since 2000, reaching in excess of 39,000 euros in 2016. Germany had the tenth-highest average annual wage among selected European Union countries in 2017, ranking between France and the United Kingdom. Growing employment More than two thirds of the working population in Germany are employed in the service sector, which generated the greatest share of the country’s GDP in 2018. Unemployment in Germany soared to its highest level in decades in 2005, but the rate has since dropped to below 3.5 percent. The youth unemployment rate in Germany has more than halved since 2005 and currently stands around 6.5 percent.

Time series data for the statistic Real_GDP_Per_Capita_PPP_Constant_2017_USD and country Samoa. Indicator Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The statistic "Real GDP Per Capita PPP Constant 2017 USD" stands at 6,894.89 United States Dollars as of 12/31/2024, the highest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes an increase of 8.74 percent compared to the value the year prior.The 1 year change in percent is 8.74.The 3 year change in percent is 10.96.The 5 year change in percent is -1.97.The 10 year change in percent is 10.36.The Serie's long term average value is 5,575.09 United States Dollars. It's latest available value, on 12/31/2024, is 23.67 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1994, to it's latest available value, on 12/31/2024, is +78.90%.The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2024, is -1.97%.

Time series data for the statistic Real_GDP_Per_Capita_Constant_2015_USD and country Tunisia. Indicator Definition: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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 U.S. dollars.The statistic "Real GDP Per Capita Constant 2015 USD" stands at 3,986.97 United States Dollars as of 12/31/2024, the highest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.7177 percent compared to the value the year prior.The 1 year change in percent is 0.7177.The 3 year change in percent is 2.16.The 5 year change in percent is -4.04.The 10 year change in percent is -0.8612.The Serie's long term average value is 2,529.44 United States Dollars. It's latest available value, on 12/31/2024, is 57.62 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1967, to it's latest available value, on 12/31/2024, is +277.18%.The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2024, is -4.04%.

The dataset contains World Happiness Index data from 2015 to 2023, sourced from the annual World Happiness Report by the United Nations Sustainable Development Solutions Network.

The columns have been standardized to match the format of the 2015 dataset. Columns as follows:

| Country |Region |Happiness Rank |Happiness Score |Economy (GDP per Capita) |Family |Health (Life Expectancy) |Freedom |Generosity |Trust (Government Corruption) |Dystopia + residual | | --- | --- | | Finland | Western Europe| 1 | 7.8087 | 1.285190 | 1.499526 | 0.961271 | 0.662317 | 0.159670 |0.477857 | 2.762835 |

Additionally, unnecessary columns have been dropped for each year as follows:⁣

2015: 'Standard Error'⁣
2016: 'Lower Confidence Interval', 'Upper Confidence Interval'⁣
2017: 'Whisker.high', 'Whisker.low' + merged region⁣
2018: 'Whisker-high', 'Whisker-low', 'Unnamed: 23' + merged region⁣
2019: 'Whisker-high', 'Whisker-low' + merged region⁣
2020: 'Standard error of ladder score', 'upperwhisker', 'lowerwhisker', 'Logged GDP per capita', 'Social support', 'Healthy life expectancy', 'Freedom to make life choices', 'Generosity', 'Perceptions of corruption', 'Ladder score in Dystopia' + inserted column 'Happiness Rank' + merged region⁣
2021: 'Whisker-high', 'Whisker-low' + merged region⁣
2022: 'Whisker-high', 'Whisker-low' + merged region⁣
2023: 'Standard error of ladder score', 'upperwhisker', 'lowerwhisker', 'Logged GDP per capita', 'Social support', 'Healthy life expectancy', 'Freedom to make life choices', 'Generosity', 'Perceptions of corruption', 'Ladder score in Dystopia' + merged region⁣

For more info about how I processed the datasets : https://github.com/0lkhs0/WorldHappinessIndex

Happy coding! 😀

The Gross Domestic Product per capita in Iran was last recorded at 5778.66 US dollars in 2024. The GDP per Capita in Iran is equivalent to 46 percent of the world's average. This dataset provides - Iran GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Time series data for the statistic GDP per person employed (constant 2017 PPP $) and country Afghanistan. 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 10.78 Thousand usd as of 12/31/2023. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.7293 percent compared to the value the year prior.The 1 year change in percent is -0.7293.The 3 year change in percent is -20.28.The 5 year change in percent is -17.24.The 10 year change in percent is -19.02.The Serie's long term average value is 11.03 Thousand usd. It's latest available value, on 12/31/2023, is 2.21 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2001, to it's latest available value, on 12/31/2023, is +58.29%.The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2023, is -20.53%.

The statistic shows the gross domestic product (GDP) per capita in Japan from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in Japan was around 32,443 U.S. dollars. For further information, see Japan's GDP. Japan's economy Japan is the world’s second largest developed economy and a member of the Group of Eight, also known as G8, which is comprised of the eight leading industrialized countries. Due to a weak financial sector, overregulation and a lack of demand, Japan suffered substantially from the early 1990s until 2000, a time referred to as ‘’The Lost Decade’’. Japan’s economy is still slowly recovering from the country’s asset price bubble collapse; however it continues to struggle to retain economic milestones achieved in the 1980s. Japan’s response to the crash was to stimulate the economy, which in turn resulted in extensive amounts of debt that further increased into the 21st century, most notably after the 2008 financial crisis. Despite maintaining a surprisingly low unemployment rate, demand within the country remains inadequate, primarily because Japanese residents spend a rather small fraction of the money they earned from the workplace. Lower demand often has a direct effect on production, with companies seeing not enough profits to continue production at such a high rate. Based on the consumer confidence index, Japanese households found that their quality of life, income growth, employment and propensity to durable goods was below satisfactory standards, perhaps due to these households still experiencing the effects of the 1990s bubble crash.

Time series data for the statistic Real_GDP_Per_Capita_PPP_Constant_2017_USD and country St. Kitts and Nevis. Indicator Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.The statistic "Real GDP Per Capita PPP Constant 2017 USD" stands at 31,270.69 United States Dollars as of 12/31/2024, the highest value since 12/31/2020. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.9829 percent compared to the value the year prior.The 1 year change in percent is 0.9829.The 3 year change in percent is 16.26.The 5 year change in percent is -0.7664.The 10 year change in percent is 9.61.The Serie's long term average value is 23,185.41 United States Dollars. It's latest available value, on 12/31/2024, is 34.87 percent higher, 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 12/31/2024, is +122.02%.The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2024, is -0.766%.

The Gross Domestic Product per capita in India was last recorded at 9817.07 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in India, when adjusted by Purchasing Power Parity is equivalent to 55 percent of the world's average. This dataset provides - India GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.