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TwitterIn 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 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.
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TwitterIn 2024, the United States was the G20 country with the largest gross domestic product per capita, with ****** international dollars per capita. The international dollar is a hypothetical currency accounting for purchasing power parity (PPP), assuming that the U.S. dollar would have the same value all around the world. Saudi Arabia had the second highest GDP per capita, followed by Germany. On the other hand, India had the lowest at only ***** dollars per capita.
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The average for 2024 based on 178 countries was 15841.4 U.S. dollars. The highest value was in Bermuda: 117661.27 U.S. dollars and the lowest value was in Burundi: 255.6 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.
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TwitterThe statistic displays the global gross domestic product (GDP) per capita from 2014 to 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, global GDP per capita amounted to about 13,673 U.S. dollars. Gross domestic product and global economy The global economy suffered a major impact with the global financial crisis of 2008 but after a drop in global gross domestic product (GDP) per capita in 2009, the global economy recovered and reached record-high GDP per capita prices in 2013. Global GDP per capita has doubled over the past decade. Gross domestic product of industrial countries and emerging and developing countries combined is greater than GDP of all the other selected global regions combined, indicating economic prosperity and recovery despite some financial backsets. In the main industrialized and emerging countries, gross domestic product per capita is highest for the United States, followed by Germany and France. In the European Union, despite the financial crisis of 2008, GDP per capita has improved significantly. Another member of the European Union, Luxembourg, even reports the largest GDP per capita worldwide, followed by non-EU members Norway and Qatar.
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TwitterOut 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.
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Twitter19 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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The average for 2024 based on 58 countries was 58042 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Barbados: 19946 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
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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.
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TwitterIn 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.
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Key information about Israel GDP Per Capita
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The average for 2024 based on 40 countries was 31895 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Palestine: 3846 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.
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The Gross Domestic Product per capita in China was last recorded at 13121.68 US dollars in 2024. The GDP per Capita in China is equivalent to 104 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.
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TwitterGermany’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.
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TwitterSeychelles 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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TwitterIn 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.
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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.
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Key information about New Zealand GDP Per Capita
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The Gross Domestic Product per capita in Turkey was last recorded at 15147.84 US dollars in 2024. The GDP per Capita in Turkey is equivalent to 120 percent of the world's average. This dataset provides the latest reported value for - Turkey GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterIn 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.