The Gross Domestic Product per capita in the United States was last recorded at 75491.61 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in the United States, when adjusted by Purchasing Power Parity is equivalent to 425 percent of the world's average. This dataset provides - United States GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: GDP: PPP data was reported at 19,390,604.000 Intl $ mn in 2017. This records an increase from the previous number of 18,624,475.000 Intl $ mn for 2016. United States US: GDP: PPP data is updated yearly, averaging 11,892,799.000 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 19,390,604.000 Intl $ mn in 2017 and a record low of 5,979,589.000 Intl $ mn in 1990. United States US: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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 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 current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

Actual value and historical data chart for United States GDP Ppp Us Dollar

United States US: PPP Conversion Factor: GDP data was reported at 1.000 USD/Intl $ in 2017. This stayed constant from the previous number of 1.000 USD/Intl $ for 2016. United States US: PPP Conversion Factor: GDP data is updated yearly, averaging 1.000 USD/Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1.000 USD/Intl $ in 2017 and a record low of 1.000 USD/Intl $ in 2017. United States US: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;

United States US: GDP: PPP:(GDP) Gross Domestic Productper Capita data was reported at 59,531.662 Intl $ in 2017. This records an increase from the previous number of 57,588.538 Intl $ for 2016. United States US: GDP: PPP:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 40,799.504 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 59,531.662 Intl $ in 2017 and a record low of 23,954.479 Intl $ in 1990. United States US: GDP: PPP:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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 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 current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Chain Series) for United States (RGDPCHUSA625NUPN) from 1950 to 2010 about chained, PPP, per capita, GDP, and USA.

The average for 2024 based on 23 countries was 28395 U.S. dollars. The highest value was in Bermuda: 105323 U.S. dollars and the lowest value was in Haiti: 2801 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

Actual value and historical data chart for United States GDP Per Capita Ppp Us Dollar

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.

Graph and download economic data for Purchasing Power Parity over GDP for United States (PPPTTLUSA618NUPN) from 1950 to 2010 about PPP, GDP, and USA.

In 2024, the United States accounted for 14.88 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 13.98 percent by 2030, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

Graph and download economic data for Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for United States (KCPPPGUSA156NUPN) from 1950 to 2010 about PPP, per capita, consumption, real, GDP, and USA.

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.

United States GDP per Capita: PPP: 2021 Price data was reported at 74,577.507 Intl $ in 2023. This records an increase from the previous number of 72,841.924 Intl $ for 2022. United States GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 59,702.020 Intl $ from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 74,577.507 Intl $ in 2023 and a record low of 43,742.026 Intl $ in 1991. United States GDP per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;

Graph and download economic data for Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for United States (PLGDPOUSA670NRUG) from 1950 to 2019 about PPP, real, GDP, rate, and USA.

GDP based on PPP of United States of America surged by 5.28% from 27,720,709,000,000 international dollars in 2023 to 29,184,890,000,000 international dollars in 2024. Since the 0.86% dip in 2020, GDP based on PPP soared by 36.67% in 2024. 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 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 current international dollars.

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.

Actual value and historical data chart for World GDP Per Capita Ppp Us Dollar

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.

Laos LA: GDP: PPP:(GDP) Gross Domestic Productper Capita data was reported at 7,023.372 Intl $ in 2017. This records an increase from the previous number of 6,549.668 Intl $ for 2016. Laos LA: GDP: PPP:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2,457.922 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 7,023.372 Intl $ in 2017 and a record low of 1,103.959 Intl $ in 1990. Laos LA: GDP: PPP:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Gross Domestic Product: Purchasing Power Parity. 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 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 current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;