In 2021, the per capita income in San Francisco city was at 80,383 U.S. dollars. San Francisco was followed in this regard by Seattle and Washington, D.C. The most populated cities in the U.S. are ranked by per capita income in this statistic. While New York, New York had the highest population, San Francisco had the highest per capita income in 2021. The median household income in San Francisco in 2020 was 119,136 dollars, the highest among the most populated cities in the United States.
In 20212, the San Jose-Sunnyvale-Santa Clara metro area in California had the highest per capita income at 64,169 U.S. dollars. The second highest, San Francisco-Oakland-Berkeley metro area is also located in California.
This statistic shows the top ten cities in the world with the largest "super-rich wealth gap" in 2015. Bangalore had the largest wealth gap in 2015 with the wealth of billionaires 646,407 times that of the average per capita GDP.
Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.
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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.
https://www.ohio-demographics.com/terms_and_conditionshttps://www.ohio-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in Ohio for 2024, including information on rank, city, county, population, average income, and median income.
https://www.alabama-demographics.com/terms_and_conditionshttps://www.alabama-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in Alabama for 2024, including information on rank, city, county, population, average income, and median income.
https://www.colorado-demographics.com/terms_and_conditionshttps://www.colorado-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in Colorado for 2024, including information on rank, city, county, population, average income, and median income.
https://www.iowa-demographics.com/terms_and_conditionshttps://www.iowa-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in Iowa for 2024, including information on rank, city, county, population, average income, and median income.
Johannesburg was the wealthiest city in Africa as of 2021. South Africa's biggest city held 239 billion U.S. dollars in private wealth, while Cape Town followed with 131 billion U.S. dollars. The country led the ranking of wealthiest nations in Africa. The wealth value referred to assets such as cash, properties, and business interests held by individuals living in each country, less liabilities. Moreover, government funds were excluded.
https://www.california-demographics.com/terms_and_conditionshttps://www.california-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in California for 2024, including information on rank, city, county, population, average income, and median income.
https://www.kansas-demographics.com/terms_and_conditionshttps://www.kansas-demographics.com/terms_and_conditions
A dataset listing the 20 richest cities in Kansas for 2024, including information on rank, city, county, population, average income, and median income.
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.
As of 2024, three out of ten Latin American and Caribbean cities with the highest local purchasing power were located in Mexico. With an index score of 51.3, people in Querétaro had the highest domestic purchasing power in Mexico. In South America, the city with the highest domestic purchasing power for 2024 was Montevideo, scoring 53 index points.
In 2022, Mumbai was home to the highest number of millionaires, followed by India’s capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook. Overall, India had around 187 billionaires as of March 2023, and ranked third globally in terms of its ultra-net-worth individuals.
A growing wealth gap
Despite this, India also has a very high wealth inequality with millions of people living below the poverty line. In fact, according to the last census, the state of Maharashtra (with Mumbai as its capital city) had the highest number of slums across the country with over 2.5 million households. Furthermore, according to a 2015 study on the geography of the super-rich, Bangalore was ranked first in terms of the inequality between its rich and poor, with the wealth of the city’s billionaires being 646,407 times that of the average per capita GDP in the city. Mumbai came second in this listing, while Delhi was ranked fifth.
It's a rich man's world
As of 2018, the richest 10 percent of Indians owned 77.4 percent of the country’s wealth. The Indian economy was also seen to be one of the fastest growing economies across the world. This indicates the level of unequal distribution of wealth in the country. This is a matter of grave concern and has several implications in terms of the country’s development and progress.
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.
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.
In 2022, Luxembourg had the largest gross domestic product (GDP) per capita at purchasing power parity. The country ranked first with a PPP-adjusted GDP per capita of about 141,000 international dollars. Ireland and Singapore followed in the places behind.
This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.
Gross domestic product (GDP) per capita is a measure of economic production, which takes the entire output of a national economy during a year and divides it by the population of that country. In the European Union, Luxembourg, Ireland, Denmark, the Netherlands, and Austria come out on top as the countries which produced the most per capita in 2023. Europe's richest countries benefit from multinational companies Many criticisms have been made of using GDP per capita as away to judge a country's economic wealth in recent years, as global capital flows have come to distort the statistics and to give a warped impression of different countries' wealth. This is most notably the case for Ireland and for Luxembourg, which while certainly high-income countries, have experienced dramatic booms in their GDP over the past two decades due to the accounting practices of the large multinational corporations which have their European headquarters in these member states, such as Facebook and Apple in Dublin, and Amazon in Luxembourg. Will the poorest countries converge towards the EU average? At the bottom of the list, two of the most recent member states of the EU, Romania and Bulgaria, come last in terms of GDP per capita. Whether these countries will be able to capitalize on their relatively low-wages to spur economic growth and experience the convergence towards the older member states of the union shown by countries such as Estonia, Czechia, and Lithuania, remains a pressing issue for these poorer member states.
In 2021, the per capita income in San Francisco city was at 80,383 U.S. dollars. San Francisco was followed in this regard by Seattle and Washington, D.C. The most populated cities in the U.S. are ranked by per capita income in this statistic. While New York, New York had the highest population, San Francisco had the highest per capita income in 2021. The median household income in San Francisco in 2020 was 119,136 dollars, the highest among the most populated cities in the United States.