Introduction
GDP per capita is an important economic indicator that provides insight into the average income and living standards of a country’s population. Monaco has the highest GDP per capita at $234,316, followed by Luxembourg at $133,590 and Bermuda at $114,090. These countries consistently rank among the top in terms of GDP per capita, reflecting their strong economies and high-income levels.
On the other end of the spectrum, the countries with the lowest GDP per capita include Afghanistan at $368.75, Burundi at $221.48, and Mozambique at $491.84. These countries face significant economic challenges and generally have lower income levels and living standards.
There is a substantial disparity in GDP per capita across different regions. European countries like Monaco, Luxembourg, and Switzerland tend to dominate the top ranks, highlighting the region’s prosperity. Meanwhile, Sub-Saharan African countries, such as Burundi, Mozambique, and the Central African Republic, struggle with lower GDP per capita figures, indicative of economic hardships faced by many countries in the region.
It is worth noting that GDP per capita alone doesn’t capture the full picture of a country’s economic health or societal well-being. Other factors such as income inequality, distribution of wealth, and quality of public services also play a crucial role in assessing the overall economic conditions and living standards of a nation.
Countries by GDP Per Capita
# | Country | GDP per capita | GDP | GNI per capita |
---|---|---|---|---|
1 | Monaco | $234,315.5 | ||
2 | Luxembourg | $133,590.1 | ||
3 | Bermuda | $114,090.3 | ||
4 | Ireland | $100,172.1 | ||
5 | Switzerland | $91,991.6 | ||
6 | Norway | $89,154.28 | ||
7 | Cayman Islands | $86,568.77 | ||
8 | Singapore | $72,794 | ||
9 | United States of America | $70,248.63 | ||
10 | Faroe Islands | $69,010.31 | ||
11 | Iceland | $68,727.64 | ||
12 | Denmark | $68,007.76 | ||
13 | Qatar | $66,838.36 | ||
14 | Sweden | $61,028.74 | ||
15 | Australia | $60,443.11 | ||
16 | Netherlands | $57,767.88 | ||
17 | Finland | $53,654.75 | ||
18 | Austria | $53,637.71 | ||
19 | Israel | $52,170.71 | ||
20 | Canada | $51,987.94 | ||
21 | Belgium | $51,247.01 | ||
22 | Germany | $51,203.55 | ||
23 | Hong Kong | $49,800.54 | ||
24 | New Zealand | $48,781.03 | ||
25 | United Kingdom | $46,510.28 | ||
26 | United Arab Emirates | $44,315.55 | ||
27 | Macau | $43,873.59 | ||
28 | France | $43,658.98 | ||
29 | Andorra | $42,137.33 | ||
30 | Japan | $39,312.66 | ||
31 | New Caledonia | $37,159.55 | ||
32 | Guam | $35,904.86 | ||
33 | Italy | $35,657.5 | ||
34 | South Korea | $34,997.78 | ||
35 | Malta | $33,486.67 | ||
36 | Puerto Rico | $32,640.71 | ||
37 | Cyprus | $31,551.82 | ||
38 | Brunei | $31,449.08 | ||
39 | Spain | $30,103.51 | ||
40 | Aruba | $29,342.1 | ||
41 | Slovenia | $29,291.4 | ||
42 | Estonia | $27,943.7 | ||
43 | The Bahamas | $27,478.39 | ||
44 | Czech Republic | $26,821.25 | ||
45 | Bahrain | $26,562.97 | ||
46 | Portugal | $24,567.51 | ||
47 | Lithuania | $23,723.34 | ||
48 | Saudi Arabia | $23,185.87 | ||
49 | Slovakia | $21,391.93 | ||
50 | Latvia | $21,148.16 | ||
51 | Turks and Caicos Islands | $20,908.58 | ||
52 | Greece | $20,192.6 | ||
53 | Oman | $19,509.47 | ||
54 | Hungary | $18,728.12 | ||
55 | Poland | $17,999.91 | ||
56 | Curaçao | $17,717.6 | ||
57 | Croatia | $17,685.33 | ||
58 | Uruguay | $17,313.19 | ||
59 | Barbados | $17,225.46 | ||
60 | Chile | $16,265.1 | ||
61 | Trinidad and Tobago | $16,032.5 | ||
62 | Antigua and Barbuda | $15,781.4 | ||
63 | Romania | $14,858.23 | ||
64 | Seychelles | $14,653.31 | 1 billion | $14,540 |
65 | Panama | $14,617.6 | ||
66 | People's Republic of China | $12,556.33 | ||
67 | Costa Rica | $12,472.44 | ||
68 | Bulgaria | $12,221.5 | ||
69 | Russia | $12,194.78 | ||
70 | Palau | $12,083.89 | ||
71 | Malaysia | $11,109.26 | ||
72 | Nauru | $10,648.14 | ||
73 | Argentina | $10,636.12 | ||
74 | Kazakhstan | $10,373.79 | ||
75 | Maldives | $10,366.29 | ||
76 | Mexico | $10,045.68 | ||
77 | Guyana | $9,998.54 | ||
78 | Turkey | $9,661.24 | ||
79 | Montenegro | $9,465.7 | ||
80 | Serbia | $9,230.18 | ||
81 | Mauritius | $9,106.24 | 12 billion | $9,920 |
82 | Grenada | $9,010.57 | ||
83 | Gabon | $8,635.33 | 20 billion | $6,440 |
84 | Dominican Republic | $8,476.75 | ||
85 | Dominica | $7,653.17 | ||
86 | Brazil | $7,507.16 | ||
87 | Equatorial Guinea | $7,506.67 | 12 billion | $5,150 |
88 | Belarus | $7,302.26 | ||
89 | Bosnia and Herzegovina | $7,143.31 | ||
90 | Thailand | $7,066.19 | ||
91 | South Africa | $7,055.05 | 419 billion | $6,530 |
92 | Botswana | $6,805.22 | 18 billion | $6,430 |
93 | Republic of Macedonia | $6,694.64 | ||
94 | Peru | $6,621.57 | ||
95 | Albania | $6,492.87 | ||
96 | Libya | $6,357.2 | 43 billion | $8,700 |
97 | Belize | $6,228.27 | ||
98 | Marshall Islands | $6,172.15 | ||
99 | Colombia | $6,104.14 | ||
100 | Ecuador | $5,965.13 | ||
101 | Paraguay | $5,891.5 | ||
102 | Tuvalu | $5,632 | ||
103 | Azerbaijan | $5,388 | ||
104 | Kosovo | $5,269.78 | ||
105 | Moldova | $5,230.66 | ||
106 | Jamaica | $5,183.58 | ||
107 | Guatemala | $5,025.54 | ||
108 | Georgia | $5,023.27 | ||
109 | Armenia | $4,966.51 | ||
110 | Suriname | $4,869.13 | ||
111 | Namibia | $4,865.56 | 12 billion | $4,650 |
112 | Ukraine | $4,835.57 | ||
113 | Iraq | $4,775.38 | ||
114 | Fiji | $4,646.61 | ||
115 | Mongolia | $4,566.14 | ||
116 | El Salvador | $4,551.19 | ||
117 | Tonga | $4,426 | ||
118 | Indonesia | $4,332.71 | ||
119 | Lebanon | $4,136.15 | ||
120 | Jordan | $4,103.26 | ||
121 | Iran | $4,091.21 | ||
122 | Sri Lanka | $4,013.69 | ||
123 | Eswatini | $3,978.4 | 5 billion | $3,650 |
124 | Samoa | $3,857.32 | ||
125 | Tunisia | $3,807.14 | 47 billion | $3,540 |
126 | Morocco | $3,795.38 | 143 billion | $3,620 |
127 | Vietnam | $3,756.49 | ||
128 | Egypt | $3,698.84 | 404 billion | $3,350 |
129 | Algeria | $3,690.63 | 163 billion | $3,660 |
130 | Federated States of Micronesia | $3,571.34 | ||
131 | Philippines | $3,460.53 | ||
132 | Bolivia | $3,345.2 | ||
133 | Bhutan | $3,266.37 | ||
134 | Djibouti | $3,150.44 | 3 billion | $3,080 |
135 | Vanuatu | $2,996.62 | ||
136 | Honduras | $2,771.72 | ||
137 | East Timor | $2,741.39 | ||
138 | Papua New Guinea | $2,672.95 | ||
139 | Ivory Coast | $2,549.04 | 70 billion | $2,420 |
140 | Laos | $2,535.62 | ||
141 | Bangladesh | $2,457.93 | ||
142 | Ghana | $2,363.3 | 78 billion | $2,280 |
143 | São Tomé and Príncipe | $2,360.54 | 527 million | $2,260 |
144 | Solomon Islands | $2,304.85 | ||
145 | Republic of the Congo | $2,290.38 | 13 billion | $1,970 |
146 | India | $2,256.59 | ||
147 | Mauritania | $2,166.05 | 10 billion | $1,950 |
148 | Kenya | $2,081.8 | 110 billion | $2,080 |
149 | Nigeria | $2,065.75 | 441 billion | $2,080 |
150 | Nicaragua | $2,045.54 | ||
151 | Uzbekistan | $1,983.07 | ||
152 | Angola | $1,953.53 | 67 billion | $1,710 |
153 | Haiti | $1,829.59 | ||
154 | Zimbabwe | $1,773.92 | 28 billion | $1,530 |
155 | Cameroon | $1,666.93 | 45 billion | $1,590 |
156 | Senegal | $1,636.89 | 28 billion | $1,570 |
157 | Cambodia | $1,625.24 | ||
158 | Kiribati | $1,606.46 | ||
159 | Comoros | $1,577.47 | 1 billion | $1,580 |
160 | Pakistan | $1,505.01 | ||
161 | Benin | $1,319.16 | 17 billion | $1,350 |
162 | Kyrgyzstan | $1,276.7 | ||
163 | Myanmar | $1,209.93 | ||
164 | Nepal | $1,208.22 | ||
165 | Guinea | $1,189.18 | 16 billion | $1,020 |
166 | Zambia | $1,137.34 | 22 billion | $1,030 |
167 | Tanzania | $1,099.29 | 68 billion | $1,100 |
168 | Lesotho | $1,094.1 | 2 billion | $1,210 |
169 | Togo | $973.21 | 8 billion | $960 |
170 | Ethiopia | $925.08 | 111 billion | $940 |
171 | Tajikistan | $897.05 | ||
172 | Burkina Faso | $893.08 | 20 billion | $830 |
173 | Uganda | $883.89 | 41 billion | $760 |
174 | Mali | $873.79 | 19 billion | $820 |
175 | Rwanda | $822.35 | 11 billion | $840 |
176 | Guinea-Bissau | $795.12 | 2 billion | $760 |
177 | The Gambia | $772.15 | 2 billion | $740 |
178 | Sudan | $751.82 | 34 billion | $650 |
179 | Chad | $685.69 | 12 billion | $640 |
180 | Liberia | $675.66 | 4 billion | $630 |
181 | Malawi | $634.84 | 13 billion | $620 |
182 | Niger | $590.63 | 15 billion | $590 |
183 | Democratic Republic of the Congo | $577.21 | 55 billion | $550 |
184 | Madagascar | $500.51 | 14 billion | $490 |
185 | Mozambique | $491.84 | 16 billion | $480 |
186 | Sierra Leone | $480.04 | 4 billion | $500 |
187 | Central African Republic | $461.14 | 3 billion | $480 |
188 | Somalia | $446.98 | 8 billion | $430 |
189 | Afghanistan | $368.75 | ||
190 | Burundi | $221.48 | 3 billion | $220 |
GDP Per Capita Ranking
The ten countries with the highest GDP per capita are Monaco, Luxembourg, Bermuda, Ireland, Switzerland, Norway, Cayman Islands, Singapore, United States, and Faroe Islands. Monaco has the highest GDP per capita standing at $234,316, followed by Luxembourg at $133,590. Bermuda has the third highest GDP per capita at $114,090, while Ireland has the fourth highest GDP per capita at $100,172. Switzerland and Norway have GDP per capita figures of $91,992 and $89,154, respectively. The Cayman Islands have the seventh highest GDP per capita at $86,569, and Singapore has the eighth highest GDP per capita at $72,794. The United States has the ninth highest GDP per capita in the world at $70,249, and the Faroe Islands round out the top ten with $69,010.
The ten countries with the highest GDP per capita are:
1. Monaco – $234,316
2. Luxembourg – $133,590
3. Bermuda – $114,090
4. Ireland – $100,172
5. Switzerland – $91,992
6. Norway – $89,154
7. Cayman Islands – $86,569
8. Singapore – $72,794
9. United States – $70,249
10. Faroe Islands – $69,010
Highest GDP Per Capita
Monaco has the highest GDP per capita, standing at $234,316. There are several factors that contribute to Monaco’s economic performance. Firstly, Monaco is renowned as a global financial hub, attracting wealthy individuals and businesses from around the world. Its favorable tax system has made it an attractive destination for high-net-worth individuals seeking to preserve and grow their wealth. Furthermore, Monaco’s strategic location on the French Riviera has made it a popular tourist destination, attracting visitors who contribute to the local economy through spending on accommodations, dining, and entertainment. The principality’s luxury real estate market and thriving casino industry also generate substantial revenue. Monaco’s small size plays a role in its high GDP per capita as well. With a population of around 36,000 people, the economic output is concentrated among a relatively small number of individuals, which contributes to higher average incomes.
List of Countries by GDP per Capita
Afghanistan
$368.75
Ranked in the World
#189
Afghanistan has the second lowest GDP per capita at $368.75. The country has faced decades of conflict, political instability, and security challenges, which have hindered economic development.
Albania
$6,492.87
Ranked in the World
#95
Algeria
$3,690.63
Ranked in the World
#129
163 billion
Ranked in the World
#4
$3,660
Ranked in the World
#47
Andorra
$42,137.33
Ranked in the World
#29
Angola
$1,953.53
Ranked in the World
#152
67 billion
Ranked in the World
#11
$1,710
Ranked in the World
#33
Antigua and Barbuda
$15,781.4
Ranked in the World
#62
Argentina
$10,636.12
Ranked in the World
#73
Armenia
$4,966.51
Ranked in the World
#109
Aruba
$29,342.1
Ranked in the World
#40
Australia
$60,443.11
Ranked in the World
#15
Australia's GDP per capita stands at $60,443. The country benefits from its abundant natural resources, including minerals, natural gas, and agricultural products. Australia's strong ties to the Asia-Pacific region, advanced financial sector, and vibrant industries such as mining, tourism, and education contribute to its high GDP per capita.
Austria
$53,637.71
Ranked in the World
#18
Austria has a GDP per capita of $53,638. The country's strong economy is driven by sectors such as services, manufacturing, and high-end technology. Austria is known for its quality craftsmanship, automotive industry, tourism, and financial services. The country's strategic location in Central Europe further enhances its economic stability and growth.
Azerbaijan
$5,388
Ranked in the World
#103
Bahrain
$26,562.97
Ranked in the World
#45
Bangladesh
$2,457.93
Ranked in the World
#141
Barbados
$17,225.46
Ranked in the World
#59
Belarus
$7,302.26
Ranked in the World
#88
Belgium
$51,247.01
Ranked in the World
#21
Belize
$6,228.27
Ranked in the World
#97
Benin
$1,319.16
Ranked in the World
#161
17 billion
Ranked in the World
#25
$1,350
Ranked in the World
#28
Bermuda
$114,090.3
Ranked in the World
#3
Bermuda has the third highest GDP per capita at $114,090. Bermuda's thriving offshore financial sector, which includes insurance and reinsurance industries, has been a major driver of its high GDP per capita. The country's favorable tax regime, skilled workforce, and strong infrastructure have also played a significant role in attracting international businesses and high-income individuals.
Bhutan
$3,266.37
Ranked in the World
#133
Bolivia
$3,345.2
Ranked in the World
#132
Bosnia and Herzegovina
$7,143.31
Ranked in the World
#89
Botswana
$6,805.22
Ranked in the World
#92
18 billion
Ranked in the World
#24
$6,430
Ranked in the World
#50
Brazil
$7,507.16
Ranked in the World
#86
Brunei
$31,449.08
Ranked in the World
#38
Bulgaria
$12,221.5
Ranked in the World
#68
Burkina Faso
$893.08
Ranked in the World
#172
20 billion
Ranked in the World
#22
$830
Ranked in the World
#19
Burundi
$221.48
Ranked in the World
#190
3 billion
Ranked in the World
#45
$220
Ranked in the World
#2
Burundi has the lowest GDP per capita standing at $221.48. The country's low GDP per capita can be attributed to various factors, including political instability, widespread poverty, limited access to education and healthcare, and a primarily agrarian economy that faces challenges such as land scarcity and climate vulnerability.
Cambodia
$1,625.24
Ranked in the World
#157
Cameroon
$1,666.93
Ranked in the World
#155
45 billion
Ranked in the World
#14
$1,590
Ranked in the World
#32
Canada
$51,987.94
Ranked in the World
#20
Canada has a GDP per capita of $51,988. The country's strong economy benefits from its rich natural resources, including oil, gas, minerals, and forests. Canada also excels in industries such as manufacturing, finance, technology, and services. The country's stability, quality of life, and skilled workforce contribute to its high GDP per capita.
Cayman Islands
$86,568.77
Ranked in the World
#7
The Cayman Islands has the seventh highest GDP per capita at $86,569. The Cayman Islands' thriving financial services sector, including offshore banking and investment management, has been instrumental in its high GDP per capita. The absence of direct taxation and a well-regulated business environment have attracted international corporations and wealthy individuals to the country.
Central African Republic
$461.14
Ranked in the World
#187
3 billion
Ranked in the World
#46
$480
Ranked in the World
#4
The Central African Republic has the fourth lowest GDP per capita at $461.14. The country has faced a long history of political instability, ethnic tensions, and armed conflict. These factors, along with poor infrastructure, limited access to education and healthcare, and a predominantly subsistence-based agricultural economy, contribute to its low GDP per capita.
Chad
$685.69
Ranked in the World
#179
12 billion
Ranked in the World
#35
$640
Ranked in the World
#13
Chile
$16,265.1
Ranked in the World
#60
Colombia
$6,104.14
Ranked in the World
#99
Comoros
$1,577.47
Ranked in the World
#159
1 billion
Ranked in the World
#53
$1,580
Ranked in the World
#31
Costa Rica
$12,472.44
Ranked in the World
#67
Croatia
$17,685.33
Ranked in the World
#57
Curaçao
$17,717.6
Ranked in the World
#56
Cyprus
$31,551.82
Ranked in the World
#37
Czech Republic
$26,821.25
Ranked in the World
#44
Democratic Republic of the Congo
$577.21
Ranked in the World
#183
55 billion
Ranked in the World
#12
$550
Ranked in the World
#8
The Democratic Republic of the Congo (DRC) has a GDP per capita of $577.21. The country has faced years of political instability, armed conflict, and weak governance. The DRC is rich in natural resources, including minerals like cobalt and copper, but the exploitation of these resources has been plagued by corruption and mismanagement. Additionally, inadequate infrastructure, poor healthcare, and limited access to education contribute to the DRC's low GDP per capita.
Denmark
$68,007.76
Ranked in the World
#12
Denmark boasts a GDP per capita of $68,008. The country's strong welfare state, high standard of living, and well-regulated market economy contribute to its high GDP per capita. Denmark has a diverse economy, with key sectors including manufacturing, services, renewable energy, and pharmaceuticals.
Djibouti
$3,150.44
Ranked in the World
#134
3 billion
Ranked in the World
#44
$3,080
Ranked in the World
#41
Dominica
$7,653.17
Ranked in the World
#85
Dominican Republic
$8,476.75
Ranked in the World
#84
East Timor
$2,741.39
Ranked in the World
#137
Ecuador
$5,965.13
Ranked in the World
#100
Egypt
$3,698.84
Ranked in the World
#128
404 billion
Ranked in the World
#3
$3,350
Ranked in the World
#43
El Salvador
$4,551.19
Ranked in the World
#116
Equatorial Guinea
$7,506.67
Ranked in the World
#87
12 billion
Ranked in the World
#33
$5,150
Ranked in the World
#49
Estonia
$27,943.7
Ranked in the World
#42
Eswatini
$3,978.4
Ranked in the World
#123
5 billion
Ranked in the World
#41
$3,650
Ranked in the World
#46
Ethiopia
$925.08
Ranked in the World
#170
111 billion
Ranked in the World
#6
$940
Ranked in the World
#21
Faroe Islands
$69,010.31
Ranked in the World
#10
The Faroe Islands – a Danish territory – has the tenth highest GDP per capita at $69,010. The Faroe Islands' high GDP per capita is primarily driven by its fishing industry, which contributes significantly to its economy. Additionally, the islands have benefited from investments in renewable energy, tourism, and the development of niche industries.
Federated States of Micronesia
$3,571.34
Ranked in the World
#130
Fiji
$4,646.61
Ranked in the World
#114
Finland
$53,654.75
Ranked in the World
#17
Finland's GDP per capita is $53,655. The country has a well-diversified economy with a strong focus on technology, innovation, and research. Finland's key sectors include telecommunications, electronics, forest industry, and clean technology. Additionally, Finland boasts high-quality education and a skilled labor force, contributing to its economic prosperity.
France
$43,658.98
Ranked in the World
#28
Gabon
$8,635.33
Ranked in the World
#83
20 billion
Ranked in the World
#21
$6,440
Ranked in the World
#51
Georgia
$5,023.27
Ranked in the World
#108
Germany
$51,203.55
Ranked in the World
#22
Ghana
$2,363.3
Ranked in the World
#142
78 billion
Ranked in the World
#8
$2,280
Ranked in the World
#39
Greece
$20,192.6
Ranked in the World
#52
Grenada
$9,010.57
Ranked in the World
#82
Guam
$35,904.86
Ranked in the World
#32
Guatemala
$5,025.54
Ranked in the World
#107
Guinea
$1,189.18
Ranked in the World
#165
16 billion
Ranked in the World
#26
$1,020
Ranked in the World
#23
Guinea-Bissau
$795.12
Ranked in the World
#176
2 billion
Ranked in the World
#51
$760
Ranked in the World
#16
Guyana
$9,998.54
Ranked in the World
#77
Haiti
$1,829.59
Ranked in the World
#153
Honduras
$2,771.72
Ranked in the World
#136
Hong Kong
$49,800.54
Ranked in the World
#23
Hungary
$18,728.12
Ranked in the World
#54
Iceland
$68,727.64
Ranked in the World
#11
Iceland has a GDP per capita of $68,728. The country's high GDP per capita can be attributed to its thriving tourism industry, renewable energy sector, and robust fisheries. Additionally, Iceland benefits from a well-functioning welfare system, strong infrastructure, and a highly educated workforce.
India
$2,256.59
Ranked in the World
#146
Indonesia
$4,332.71
Ranked in the World
#118
Iran
$4,091.21
Ranked in the World
#121
Iraq
$4,775.38
Ranked in the World
#113
Ireland
$100,172.1
Ranked in the World
#4
Ireland has the fourth highest GDP per capita at $100,172. Ireland's GDP per capita is primarily due to its status as a global hub for technology and multinational corporations. The country has attracted significant foreign direct investment, particularly from the tech industry, benefiting from its skilled workforce, favorable tax policies, and membership in the European Union.
Israel
$52,170.71
Ranked in the World
#19
Israel's GDP per capita is $52,171. The country has a highly developed and diversified economy, with strong sectors such as technology, innovation, and defense. Israel is known for its advanced research and development, high-tech start-ups, and thriving industries in areas like cybersecurity, biotechnology, and aerospace.
Italy
$35,657.5
Ranked in the World
#33
Ivory Coast
$2,549.04
Ranked in the World
#139
70 billion
Ranked in the World
#9
$2,420
Ranked in the World
#40
Jamaica
$5,183.58
Ranked in the World
#106
Japan
$39,312.66
Ranked in the World
#30
Jordan
$4,103.26
Ranked in the World
#120
Kazakhstan
$10,373.79
Ranked in the World
#74
Kenya
$2,081.8
Ranked in the World
#148
110 billion
Ranked in the World
#7
$2,080
Ranked in the World
#36
Kiribati
$1,606.46
Ranked in the World
#158
Kosovo
$5,269.78
Ranked in the World
#104
Kyrgyzstan
$1,276.7
Ranked in the World
#162
Laos
$2,535.62
Ranked in the World
#140
Latvia
$21,148.16
Ranked in the World
#50
Lebanon
$4,136.15
Ranked in the World
#119
Lesotho
$1,094.1
Ranked in the World
#168
2 billion
Ranked in the World
#47
$1,210
Ranked in the World
#27
Liberia
$675.66
Ranked in the World
#180
4 billion
Ranked in the World
#43
$630
Ranked in the World
#12
Libya
$6,357.2
Ranked in the World
#96
43 billion
Ranked in the World
#15
$8,700
Ranked in the World
#53
Lithuania
$23,723.34
Ranked in the World
#47
Luxembourg
$133,590.1
Ranked in the World
#2
Luxembourg has the second highest GDP per capita at $133,590. Luxembourg's high GDP per capita is primarily driven by its robust financial services sector, hosting numerous international banks and investment firms. The country's favorable business environment, political stability, and advantageous tax policies have attracted foreign investments, contributing to its strong economic performance.
Macau
$43,873.59
Ranked in the World
#27
Madagascar
$500.51
Ranked in the World
#184
14 billion
Ranked in the World
#29
$490
Ranked in the World
#6
Madagascar has the seventh lowest GDP per capita at $500.51. The country faces challenges such as political instability, weak governance, and environmental vulnerability which contribute to its low GDP per capita.
Malawi
$634.84
Ranked in the World
#181
13 billion
Ranked in the World
#31
$620
Ranked in the World
#11
Malawi has the ten lowest GDP per capita at $634.84. The country faces challenges such as widespread poverty, limited access to education and healthcare, and a predominantly agrarian economy. Malawi relies on subsistence farming, and the agriculture sector is vulnerable to weather patterns and climate change. Inadequate infrastructure, high population growth, and low industrial development contribute to its low GDP per capita.
Malaysia
$11,109.26
Ranked in the World
#71
Maldives
$10,366.29
Ranked in the World
#75
Mali
$873.79
Ranked in the World
#174
19 billion
Ranked in the World
#23
$820
Ranked in the World
#18
Malta
$33,486.67
Ranked in the World
#35
Marshall Islands
$6,172.15
Ranked in the World
#98
Mauritania
$2,166.05
Ranked in the World
#147
10 billion
Ranked in the World
#38
$1,950
Ranked in the World
#34
Mauritius
$9,106.24
Ranked in the World
#81
12 billion
Ranked in the World
#36
$9,920
Ranked in the World
#54
Mexico
$10,045.68
Ranked in the World
#76
Moldova
$5,230.66
Ranked in the World
#105
Monaco
$234,315.5
Ranked in the World
#1
Monaco has the highest GDP per capita standing at $234,316. Monaco's GDP per capita can be attributed to its status as a global financial hub and a popular tourist destination, attracting wealthy individuals and generating substantial revenue from sectors such as finance, real estate, and the casino industry.
Mongolia
$4,566.14
Ranked in the World
#115
Montenegro
$9,465.7
Ranked in the World
#79
Morocco
$3,795.38
Ranked in the World
#126
143 billion
Ranked in the World
#5
$3,620
Ranked in the World
#45
Mozambique
$491.84
Ranked in the World
#185
16 billion
Ranked in the World
#27
$480
Ranked in the World
#5
Mozambique has the sixth lowest GDP per capita at $491.84. The country has faced economic challenges such as inadequate infrastructure, limited access to education and healthcare, and vulnerability to natural disasters. Although Mozambique has significant natural resources, including natural gas and minerals, these resources have yet to be fully exploited to drive economic growth and development.
Myanmar
$1,209.93
Ranked in the World
#163
Namibia
$4,865.56
Ranked in the World
#111
12 billion
Ranked in the World
#32
$4,650
Ranked in the World
#48
Nauru
$10,648.14
Ranked in the World
#72
Nepal
$1,208.22
Ranked in the World
#164
Netherlands
$57,767.88
Ranked in the World
#16
The Netherlands has a GDP per capita of $57,768. The country is known for its open economy, advanced logistics, and highly developed infrastructure. The Netherlands excels in sectors such as manufacturing, services, agriculture, and international trade, making it a prominent player in global markets.
New Caledonia
$37,159.55
Ranked in the World
#31
New Zealand
$48,781.03
Ranked in the World
#24
Nicaragua
$2,045.54
Ranked in the World
#150
Niger
$590.63
Ranked in the World
#182
15 billion
Ranked in the World
#28
$590
Ranked in the World
#9
Niger has the ninth lowest GDP per capita at $590.63. The country faces significant economic challenges such as a predominantly agrarian economy, vulnerability to climate change, and limited access to basic services. Niger's economy heavily relies on subsistence agriculture and faces persistent food insecurity. Factors like high population growth, desertification, and inadequate infrastructure contribute to its low GDP per capita.
Nigeria
$2,065.75
Ranked in the World
#149
441 billion
Ranked in the World
#1
$2,080
Ranked in the World
#37
Norway
$89,154.28
Ranked in the World
#6
Norway has the sixth highest GDP per capita at $89,154. Norway's prosperity is primarily driven by its abundant natural resources, particularly oil and gas reserves. The country has effectively managed its petroleum wealth through a sovereign wealth fund, providing stability and economic growth. Additionally, Norway has a well-functioning welfare system and high standards of living, further contributing to its high GDP per capita.
Oman
$19,509.47
Ranked in the World
#53
Pakistan
$1,505.01
Ranked in the World
#160
Palau
$12,083.89
Ranked in the World
#70
Panama
$14,617.6
Ranked in the World
#65
Papua New Guinea
$2,672.95
Ranked in the World
#138
Paraguay
$5,891.5
Ranked in the World
#101
People's Republic of China
$12,556.33
Ranked in the World
#66
Peru
$6,621.57
Ranked in the World
#94
Philippines
$3,460.53
Ranked in the World
#131
Poland
$17,999.91
Ranked in the World
#55
Portugal
$24,567.51
Ranked in the World
#46
Puerto Rico
$32,640.71
Ranked in the World
#36
Qatar
$66,838.36
Ranked in the World
#13
Qatar has a GDP per capita of $66,838, primarily driven by its vast oil and natural gas reserves. The country has successfully transformed its energy wealth into a modern and prosperous economy. Qatar invests heavily in infrastructure development, tourism, finance, and real estate, positioning itself as a regional hub for business and trade.
Republic of Macedonia
$6,694.64
Ranked in the World
#93
Republic of the Congo
$2,290.38
Ranked in the World
#145
13 billion
Ranked in the World
#30
$1,970
Ranked in the World
#35
Romania
$14,858.23
Ranked in the World
#63
Russia
$12,194.78
Ranked in the World
#69
Rwanda
$822.35
Ranked in the World
#175
11 billion
Ranked in the World
#37
$840
Ranked in the World
#20
Samoa
$3,857.32
Ranked in the World
#124
São Tomé and Príncipe
$2,360.54
Ranked in the World
#143
527 million
Ranked in the World
#54
$2,260
Ranked in the World
#38
Saudi Arabia
$23,185.87
Ranked in the World
#48
Senegal
$1,636.89
Ranked in the World
#156
28 billion
Ranked in the World
#19
$1,570
Ranked in the World
#30
Serbia
$9,230.18
Ranked in the World
#80
Seychelles
$14,653.31
Ranked in the World
#64
1 billion
Ranked in the World
#52
$14,540
Ranked in the World
#55
Sierra Leone
$480.04
Ranked in the World
#186
4 billion
Ranked in the World
#42
$500
Ranked in the World
#7
Sierra Leone has the fifth lowest GDP per capita at $480.04. The country has faced challenges such as civil war, political instability, and inadequate infrastructure which contribute to its low GDP per capita.
Singapore
$72,794
Ranked in the World
#8
Singapore has the eighth highest GDP per capita at $72,794. Singapore's economic success can be attributed to its strategic location, excellent infrastructure, and pro-business policies. The country has positioned itself as a global trade and financial center, attracting foreign investments, fostering innovation, and nurturing a competitive business environment.
Slovakia
$21,391.93
Ranked in the World
#49
Slovenia
$29,291.4
Ranked in the World
#41
Solomon Islands
$2,304.85
Ranked in the World
#144
Somalia
$446.98
Ranked in the World
#188
8 billion
Ranked in the World
#40
$430
Ranked in the World
#3
Somalia has the third lowest GDP per capita at $446.98. The country has experienced prolonged political instability, civil unrest, and lack of effective governance, which have severely hampered its economic growth.
South Africa
$7,055.05
Ranked in the World
#91
419 billion
Ranked in the World
#2
$6,530
Ranked in the World
#52
South Korea
$34,997.78
Ranked in the World
#34
Spain
$30,103.51
Ranked in the World
#39
Sri Lanka
$4,013.69
Ranked in the World
#122
Sudan
$751.82
Ranked in the World
#178
34 billion
Ranked in the World
#17
$650
Ranked in the World
#14
Suriname
$4,869.13
Ranked in the World
#110
Sweden
$61,028.74
Ranked in the World
#14
Sweden has a GDP per capita of $61,029. The country's high GDP per capita can be attributed to its knowledge-based economy, innovation, and a strong focus on research and development. Sweden has thriving sectors such as manufacturing, information technology, green technology, and healthcare, contributing to its economic success.
Switzerland
$91,991.6
Ranked in the World
#5
Switzerland has the fifth highest GDP per capita at $91,992. Switzerland's strong economy is characterized by a highly developed financial sector, precision manufacturing, and a thriving pharmaceutical industry. Its reputation for quality products, technological innovation, and political stability has contributed to its high GDP per capita.
Tajikistan
$897.05
Ranked in the World
#171
Tanzania
$1,099.29
Ranked in the World
#167
68 billion
Ranked in the World
#10
$1,100
Ranked in the World
#26
Thailand
$7,066.19
Ranked in the World
#90
The Bahamas
$27,478.39
Ranked in the World
#43
The Gambia
$772.15
Ranked in the World
#177
2 billion
Ranked in the World
#49
$740
Ranked in the World
#15
Togo
$973.21
Ranked in the World
#169
8 billion
Ranked in the World
#39
$960
Ranked in the World
#22
Tonga
$4,426
Ranked in the World
#117
Trinidad and Tobago
$16,032.5
Ranked in the World
#61
Tunisia
$3,807.14
Ranked in the World
#125
47 billion
Ranked in the World
#13
$3,540
Ranked in the World
#44
Turkey
$9,661.24
Ranked in the World
#78
Turks and Caicos Islands
$20,908.58
Ranked in the World
#51
Tuvalu
$5,632
Ranked in the World
#102
Uganda
$883.89
Ranked in the World
#173
41 billion
Ranked in the World
#16
$760
Ranked in the World
#17
Ukraine
$4,835.57
Ranked in the World
#112
United Arab Emirates
$44,315.55
Ranked in the World
#26
United Kingdom
$46,510.28
Ranked in the World
#25
United States of America
$70,248.63
Ranked in the World
#9
The US GDP per capita is one of the highest GDP per capita in the world at $70,249. The economy is highly diversified and characterized by its large consumer market, technological innovation, and significant contributions from sectors such as finance, healthcare, and technology. Its entrepreneurial culture, access to capital, and robust infrastructure contribute to its high GDP per capita.
Uruguay
$17,313.19
Ranked in the World
#58
Uzbekistan
$1,983.07
Ranked in the World
#151
Vanuatu
$2,996.62
Ranked in the World
#135
Vietnam
$3,756.49
Ranked in the World
#127
Zambia
$1,137.34
Ranked in the World
#166
22 billion
Ranked in the World
#20
$1,030
Ranked in the World
#24
Zimbabwe
$1,773.92
Ranked in the World
#154
28 billion
Ranked in the World
#18
$1,530
Ranked in the World
#29
FAQs
What country has the highest GDP per capita ?
Monaco has the highest GDP per capita at $234,316.
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