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 four are in Asia, alongside the U.S., Canada, 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.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 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.

The average for 2023 based on 42 countries was 30848 U.S. dollars. The highest value was in Singapore: 127544 U.S. dollars and the lowest value was in Afghanistan: 1992 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

The Gross Domestic Product per capita in Panama was last recorded at 16872.88 US dollars in 2023. The GDP per Capita in Panama is equivalent to 134 percent of the world's average. This dataset provides - Panama GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about China GDP Per Capita

• China Gross Domestic Product (GDP) per Capita reached 12,621.720 USD in Dec 2023, compared with 12,674.873 USD in Dec 2022.
• China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2023, with an average number of 369.297 USD.
• The data reached an all-time high of 12,674.873 USD in Dec 2022 and a record low of 68.243 in Dec 1957.
• CEIC converts annual GDP per Capita into USD. The National Bureau of Statistics provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, China GDP expanded 4.550 % YoY in Mar 2023.
• China Nominal GDP reached 4,166.759 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.400 % in Mar 2023.
• Gross Savings Rate of China was measured at 44.277 % in Dec 2023.

In 2023, Singapore had the highest GDP per capita across the Asia-Pacific region, an estimated 84.7 thousand U.S. dollars. In comparison, Myanmar had an estimated GDP per capita of approximately 1189.8 U.S. dollars that year.

The average for 2023 based on 44 countries was 44137.65 U.S. dollars. The highest value was in Monaco: 256580.52 U.S. dollars and the lowest value was in Ukraine: 5069.7 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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.

The Gross Domestic Product per capita in Chile was last recorded at 14226.52 US dollars in 2023. The GDP per Capita in Chile is equivalent to 113 percent of the world's average. This dataset provides - Chile GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average for 2023 based on 11 countries was 10329.52 U.S. dollars. The highest value was in Guyana: 23325.12 U.S. dollars and the lowest value was in Bolivia: 3168.73 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 30 countries was 51644 U.S. dollars. The highest value was in Luxembourg: 132847 U.S. dollars and the lowest value was in Albania: 18244 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.

The Gross Domestic Product per capita in China was last recorded at 12175.20 US dollars in 2023. The GDP per Capita in China is equivalent to 96 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 34,749 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 34,749 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,693 U.S. dollars per person per year. The largest economies in Latin America GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population. By far, the two largest economies in the region are Brazil and Mexico, both registering GDPs three times bigger than the third place, Argentina. Nonetheless, they are the two most populated countries by a great margin.
Key economic indicators of Latin America Latin America emerges as an important region in the world economy, as of 2023, around 7.3 percent of the global GDP, a similar share to the Middle East. Nevertheless, the economic development of most of its countries has been heavily affected by other factors, such as corruption, inequality, inflation, or crime and violence. Countries such as Venezuela, Suriname, and Argentina are constantly ranking among the highest inflation rates in the world. While Jamaica, Ecuador, and Haiti rank as some of the most crime-ridden states.

The Gross Domestic Product per capita in Colombia was last recorded at 6819.18 US dollars in 2023. The GDP per Capita in Colombia is equivalent to 54 percent of the world's average. This dataset provides - Colombia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about New Zealand GDP Per Capita

• New Zealand Gross Domestic Product (GDP) per Capita reached 48,249.300 USD in Mar 2024, compared with 47,678.832 USD in Mar 2023.
• New Zealand GDP Per Capita data is updated yearly, available from Mar 1961 to Mar 2024, with an average number of 13,450.383 USD.
• The data reached an all-time high of 48,909.521 USD in Mar 2022 and a record low of 1,678.696 in Mar 1961.
• CEIC converts annual GDP per Capita into USD. Statistics New Zealand provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 1992 is sourced from the World Bank. GDP per Capita is in annual frequency, ending in March of each year.

• In the latest reports, New Zealand GDP expanded 1.795 % YoY in Mar 2023.
• New Zealand Nominal GDP reached 61.989 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.598 % in Mar 2023.
• Gross Savings Rate of New Zealand was measured at 22.787 % in Mar 2023.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Gross Domestic Product per capita in Azerbaijan was last recorded at 5651.35 US dollars in 2023. The GDP per Capita in Azerbaijan is equivalent to 45 percent of the world's average. This dataset provides - Azerbaijan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

19 of the 20 countries with the lowest estimated GDP per capita in the world in 2023 are located in Sub-Saharan Africa. Burundi is believed to have a GDP per capita of just 326.84 U.S. dollars - for reference, Luxembourg has the highest GDP per capita in the world, at almost 130,000 U.S. dollars, which is around 400 times larger than that of Burundi (U.S. GDP per capita is over 250 times higher than Burundi's). Poverty in Sub-Saharan Africa Many parts of Sub-Saharan Africa have been among the most impoverished in the world for over a century, due to lacking nutritional and sanitation infrastructures, persistent conflict, and political instability. These issues are also being exacerbated by climate change, where African nations are some of the most vulnerable in the world, as well as the population boom that will place over the 21st century. Of course, the entire population of Sub-Saharan Africa does not live in poverty, and countries in the southern part of the continent, as well as oil-producing states around the Gulf of Guinea, do have some pockets of significant wealth (especially in urban areas). However, while GDP per capita may be higher in these countries, wealth distribution is often very skewed, and GDP per capita figures are not representative of average living standards across the population. Outside of Africa Yemen is the only country outside of Africa to feature on the list, due to decades of civil war and instability. Yemen lags very far behind some of its neighboring Arab states, some of whom rank among the richest in the world due to their much larger energy sectors. Additionally, the IMF does not make estimates for Afghanistan, which would also likely feature on this list.

Key information about Israel GDP Per Capita

• Israel Gross Domestic Product (GDP) per Capita reached 54,191.462 USD in Dec 2024, compared with 51,750.494 USD in Dec 2023.
• Israel GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2024, with an average number of 30,250.165 USD.
• The data reached an all-time high of 54,396.600 USD in Dec 2022 and a record low of 18,638.043 in Dec 2002.
• CEIC converts annual GDP per Capita into USD. The Central Bureau of Statistics provides GDP per Capita in local currency. The Bank of Israel average market exchange rate is used for currency conversions.

• In the latest reports, Israel GDP expanded 4.141 % YoY in Mar 2023.
• Israel Nominal GDP reached 126.952 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.369 % in Mar 2023.
• Gross Savings Rate of Israel was measured at 27.169 % in Dec 2024.