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The average for 2023 based on 19 countries was 19519 U.S. dollars. The highest value was in Puerto Rico: 42995 U.S. dollars and the lowest value was in Haiti: 2956 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.
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The Gross Domestic Product per capita in Brazil was last recorded at 9564.58 US dollars in 2024. The GDP per Capita in Brazil is equivalent to 76 percent of the world's average. This dataset provides - Brazil GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The Gross Domestic Product per capita in Argentina was last recorded at 12667.03 US dollars in 2024. The GDP per Capita in Argentina is equivalent to 100 percent of the world's average. This dataset provides - Argentina GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.
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Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean was 10796.86237 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean reached a record high of 10796.86237 in January of 2023 and a record low of 371.37095 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product Per Capita: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on July of 2025.
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This scatter chart displays health expenditure per capita (current US$) against tax revenue (% of GDP) in South America. The data is about countries per year.
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The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.
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This scatter chart displays expense (% of GDP) against health expenditure per capita (current US$) in South America. The data is filtered where the date is 2021. The data is about countries per year.
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The average for 2023 based on 11 countries was 14312.02 U.S. dollars. The highest value was in Singapore: 84734.26 U.S. dollars and the lowest value was in Burma (Myanmar): 1233.2 U.S. dollars. The indicator is available from 1960 to 2023. 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.
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The Gross Domestic Product per capita in Chile was last recorded at 14579.40 US dollars in 2024. The GDP per Capita in Chile is equivalent to 115 percent of the world's average. This dataset provides - Chile GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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South Africa: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 13690 U.S. dollars, a decline from 13777 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for South Africa from 1990 to 2023 is 12696 U.S. dollars. The minimum value, 9989 U.S. dollars, was reached in 1993 while the maximum of 14699 U.S. dollars was recorded in 2013.
19 of the 20 countries with the lowest estimated GDP per capita in the world in 2024 are located in Sub-Saharan Africa. South Sudan is believed to have a GDP per capita of just 351.02 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.
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This horizontal bar chart displays health expenditure (% of GDP) by capital city using the aggregation average, weighted by gdp in South America. The data is about countries per year.
Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten.
Impact of COVID-19 on North Africa’s GDP
When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism
Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.
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South Korea: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 50414 U.S. dollars, an increase from 49778 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for South Korea from 1990 to 2023 is 32678 U.S. dollars. The minimum value, 13840 U.S. dollars, was reached in 1990 while the maximum of 50414 U.S. dollars was recorded in 2023.
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Constant GDP per capita: All Income Levels for Latin America and Caribbean was 9084.67549 2010 U.S. $ in January of 2023, according to the United States Federal Reserve. Historically, Constant GDP per capita: All Income Levels for Latin America and Caribbean reached a record high of 9084.67549 in January of 2023 and a record low of 3280.49935 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Constant GDP per capita: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on June of 2025.
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.
The statistic shows the gross domestic product (GDP) per capita in Japan from 1987 to 2024, with projections up until 2030. In 2024, the estimated gross domestic product per capita in Japan was around 32,498.15 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.
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The average for 2023 based on 19 countries was 19519 U.S. dollars. The highest value was in Puerto Rico: 42995 U.S. dollars and the lowest value was in Haiti: 2956 U.S. dollars. The indicator is available from 1990 to 2023. Below is a chart for all countries where data are available.