What is GDP per capita?
GDP per capita stands for Gross Domestic Product (GDP) per capita (per person). It is derived from a straightforward division of total GDP (see definition of GDP) by the population. Per capita GDP is typically expressed in local current currency, local constant currency or a standard unit of currency in international markets, such as the U.S. dollar (USD).
GDP per capita is an important indicator of economic performance and a useful unit to make cross-country comparisons of average living standards and economic wellbeing. However, GDP per capita is not a measure of personal income and using it for cross-country comparisons also has some known weaknesses. In particular, GDP per capita does not take into account income distribution in a country. In addition, cross-country comparisons based on the U.S. dollar can be distorted by exchange rate fluctuations and often don’t reflect the purchasing power in the countries being compared.
The table below shows the GDP per capita in current U.S. dollars (USD) by country for the last five years.
Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. 30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Get Details.
GDP per capita Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Albania | 4,714 | 3,955 | 4,141 | 4,640 | 5,251 |
| Algeria | 5,465 | 4,166 | 3,920 | 4,015 | 4,080 |
| Angola | 5,624 | 4,354 | 3,655 | 4,304 | 3,652 |
| Argentina | 13,133 | 15,110 | 12,778 | 14,386 | 12,123 |
| Armenia | 3,966 | 3,574 | 3,567 | 3,875 | 4,192 |
| Australia | 61,618 | 51,474 | 51,971 | 55,970 | 56,462 |
| Austria | 53,382 | 44,447 | 45,416 | 47,912 | 50,685 |
| Azerbaijan | 7,926 | 5,525 | 3,901 | 4,161 | 4,722 |
| Bahrain | 25,321 | 22,700 | 22,597 | 24,328 | 25,385 |
| Bangladesh | 1,093 | 1,220 | 1,372 | 1,521 | 1,650 |
| Belarus | 8,315 | 6,183 | 4,948 | 5,738 | 6,490 |
| Belgium | 48,989 | 41,317 | 42,270 | 44,847 | 47,098 |
| Belize | 4,742 | 4,712 | 4,720 | 4,755 | 4,728 |
| Bolivia | 3,124 | 3,037 | 3,084 | 3,345 | 3,540 |
| Bosnia and Herzegovina | 5,390 | 4,767 | 4,992 | 5,321 | 5,868 |
| Botswana | 7,643 | 6,702 | 6,986 | 7,657 | 7,843 |
| Brazil | 12,170 | 8,827 | 8,774 | 9,973 | 9,040 |
| Brunei | 41,905 | 31,383 | 27,346 | 28,211 | 30,689 |
| Bulgaria | 7,891 | 7,116 | 7,584 | 8,404 | 9,361 |
| Cambodia | 1,091 | 1,160 | 1,278 | 1,385 | 1,510 |
| Canada | 51,029 | 43,621 | 42,409 | 45,202 | 46,381 |
| Chile | 14,699 | 13,680 | 13,788 | 15,125 | 15,911 |
| China | 7,650 | 7,945 | 8,134 | 8,858 | 9,916 |
| Colombia | 7,992 | 6,075 | 5,808 | 6,322 | 6,689 |
| Costa Rica | 10,574 | 11,292 | 11,659 | 11,769 | 12,054 |
| Croatia | 13,724 | 11,944 | 12,303 | 12,595 | 15,713 |
| Cyprus | 28,089 | 23,495 | 24,764 | 26,784 | 28,588 |
| Czech Republic | 19,770 | 17,874 | 18,532 | 20,502 | 22,958 |
| DR Congo | - | - | - | - | - |
| Denmark | 64,658 | 53,737 | 55,152 | 58,040 | 60,880 |
| Dominican Republic | 6,805 | 7,139 | 7,520 | 7,869 | 8,332 |
| Ecuador | 6,347 | 6,099 | 6,046 | 6,217 | 6,319 |
| Egypt | 3,525 | 3,738 | 3,691 | 2,472 | 2,587 |
| El Salvador | 3,530 | 3,628 | 3,704 | 3,787 | 3,922 |
| Estonia | 20,268 | 17,541 | 18,240 | 20,398 | 23,312 |
| Ethiopia | 731 | 828 | 897 | 910 | 1,021 |
| Finland | 51,607 | 43,068 | 44,034 | 46,796 | 49,657 |
| France | 44,732 | 38,189 | 38,415 | 40,061 | 42,707 |
| Georgia | 4,441 | 4,016 | 4,061 | 4,361 | 4,718 |
| Germany | 49,753 | 41,287 | 42,204 | 44,828 | 47,164 |
| Ghana | 1,881 | 1,721 | 1,926 | 2,014 | 2,173 |
| Greece | 21,757 | 18,226 | 18,154 | 18,901 | 20,149 |
| Guatemala | 3,665 | 3,825 | 3,982 | 4,227 | 4,222 |
| Haiti | 819 | 826 | 740 | 779 | 882 |
| Honduras | 2,227 | 2,379 | 2,396 | 2,498 | 2,547 |
| Hong Kong | 40,190 | 42,319 | 43,494 | 46,097 | 48,454 |
| Hungary | 14,213 | 12,740 | 12,996 | 14,529 | 16,003 |
| Iceland | 56,494 | 52,754 | 60,759 | 75,587 | 76,458 |
| India | 1,614 | 1,633 | 1,763 | 2,017 | 2,027 |
| Indonesia | 3,532 | 3,368 | 3,607 | 3,885 | 3,946 |
| Iran | 5,642 | 4,931 | 5,274 | 5,635 | - |
| Iraq | 6,724 | 4,677 | 4,606 | 5,133 | 5,571 |
| Ireland | 55,496 | 62,155 | 63,089 | 69,623 | 77,773 |
| Israel | 39,393 | 35,790 | 37,350 | 40,563 | 41,674 |
| Italy | 36,550 | 30,316 | 31,063 | 32,724 | 34,073 |
| Jamaica | 4,949 | 5,042 | 4,976 | 5,206 | 5,494 |
| Japan | 38,363 | 34,514 | 38,977 | 38,130 | 39,305 |
| Jordan | 4,067 | 4,096 | 4,088 | 4,196 | 4,264 |
| Kazakhstan | 12,481 | 6,793 | 7,856 | 8,790 | 8,819 |
| Kenya | 1,434 | 1,433 | 1,528 | 1,681 | 1,835 |
| Korea | 29,254 | 28,723 | 29,273 | 31,555 | 33,308 |
| Kosovo | 4,184 | 3,591 | 3,713 | 3,996 | 4,256 |
| Kuwait | 40,694 | 27,261 | 25,301 | 27,115 | 30,736 |
| Kyrgyzstan | 1,154 | 962 | 1,140 | 1,252 | 1,303 |
| Laos | 2,075 | 2,135 | 2,309 | 2,424 | 2,542 |
| Latvia | 15,688 | 13,723 | 14,115 | 15,533 | 17,644 |
| Lebanon | 8,620 | 8,541 | 8,530 | 8,779 | 9,294 |
| Lithuania | 15,348 | 14,355 | 15,028 | 16,902 | 18,649 |
| Luxembourg | 124,024 | 103,039 | 105,825 | 109,643 | 116,472 |
| Malaysia | 11,062 | 9,724 | 9,578 | 9,947 | 11,068 |
| Malta | 26,387 | 24,500 | 25,556 | 27,804 | 30,483 |
| Mexico | 10,964 | 9,654 | 8,804 | 9,379 | 9,791 |
| Moldova | 2,249 | 2,164 | 2,286 | 2,794 | 3,229 |
| Mongolia | 4,087 | 3,847 | 3,578 | 3,595 | 4,051 |
| Montenegro | 7,386 | 6,521 | 7,034 | 7,809 | 8,840 |
| Morocco | 3,346 | 2,975 | 3,003 | 3,160 | 3,313 |
| Mozambique | 651 | 579 | 417 | 449 | 484 |
| Myanmar | 1,231 | 1,219 | 1,157 | 1,166 | 1,217 |
| Netherlands | 52,993 | 45,593 | 46,263 | 48,721 | 52,878 |
| New Zealand | 43,841 | 37,791 | 39,070 | 41,847 | 41,835 |
| Nicaragua | 1,979 | 2,044 | 2,102 | 2,158 | 2,028 |
| Nigeria | 3,271 | 2,699 | 2,155 | 1,951 | 2,134 |
| North Macedonia | 5,493 | 4,869 | 5,150 | 5,440 | 6,093 |
| Norway | 99,455 | 75,973 | 70,495 | 74,367 | 81,369 |
| Oman | 21,784 | 18,080 | 16,311 | 17,020 | 18,947 |
| Pakistan | 1,314 | 1,426 | 1,440 | 1,545 | 1,566 |
| Panama | 12,758 | 13,608 | 14,344 | 15,183 | 15,660 |
| Paraguay | 6,047 | 5,348 | 5,248 | 5,596 | 5,727 |
| Peru | 6,234 | 6,142 | 6,182 | 6,736 | 7,007 |
| Philippines | 2,849 | 2,881 | 2,953 | 2,989 | 3,104 |
| Poland | 14,330 | 12,562 | 12,430 | 13,876 | 15,416 |
| Portugal | 22,152 | 19,376 | 20,027 | 21,447 | 23,290 |
| Puerto Rico | 28,981 | 29,764 | 30,629 | 31,353 | 31,653 |
| Qatar | 93,030 | 66,323 | 57,940 | 62,765 | 70,359 |
| Romania | 9,989 | 8,987 | 9,556 | 10,833 | 12,214 |
| Russia | 14,315 | 9,290 | 8,739 | 10,748 | 11,339 |
| Saudi Arabia | 24,577 | 21,063 | 20,284 | 21,113 | 23,536 |
| Serbia | 6,594 | 5,587 | 5,757 | 6,288 | 7,232 |
| Singapore | 57,669 | 55,615 | 56,788 | 60,722 | 65,953 |
| Slovakia | 18,665 | 16,329 | 16,526 | 17,570 | 19,467 |
| Slovenia | 24,284 | 21,028 | 21,691 | 23,490 | 23,553 |
| South Africa | 6,635 | 6,022 | 5,291 | 6,220 | 6,137 |
| Spain | 29,723 | 25,923 | 26,618 | 28,241 | 30,364 |
| Sri Lanka | 3,820 | 3,839 | 3,871 | 4,102 | 4,097 |
| Sweden | 58,888 | 51,139 | 51,609 | 53,446 | 54,318 |
| Switzerland | 87,592 | 82,478 | 80,641 | 80,778 | 83,104 |
| Taiwan | 22,716 | 22,941 | 23,161 | 25,154 | 25,750 |
| Tajikistan | 1,031 | 807 | 799 | 777 | 826 |
| Tanzania | 1,061 | 925 | 962 | 1,000 | 1,039 |
| Thailand | 6,088 | 5,954 | 6,133 | 6,746 | 7,455 |
| Trinidad and Tobago | 20,361 | 18,484 | 16,414 | 16,524 | 17,370 |
| Tunisia | 4,271 | 3,829 | 3,669 | 3,466 | 3,428 |
| Turkey | 12,026 | 10,898 | 10,805 | 10,556 | 9,384 |
| Turkmenistan | 7,963 | 6,433 | 6,413 | 6,642 | 7,064 |
| USA | 54,993 | 56,787 | 57,901 | 60,000 | 62,869 |
| Uganda | 812 | 699 | 839 | 837 | 870 |
| Ukraine | 3,058 | 2,055 | 2,175 | 2,686 | 3,118 |
| United Arab Emirates | 43,335 | 37,375 | 36,220 | 37,248 | 39,704 |
| United Kingdom | 47,040 | 45,001 | 41,199 | 40,432 | 43,092 |
| Uruguay | 16,829 | 15,575 | 14,980 | 17,206 | 17,074 |
| Uzbekistan | 2,070 | 2,149 | 2,124 | 1,839 | 1,547 |
| Venezuela | 7,030 | 10,568 | 9,092 | 4,755 | 3,411 |
| Vietnam | 2,029 | 2,085 | 2,172 | 2,353 | 2,545 |
| Yemen | 1,210 | 943 | 849 | 806 | 866 |
| Zambia | 1,685 | 1,508 | 1,293 | 1,566 | 1,608 |
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GDP per capita Economic News
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United States: 2nd GDP release confirms stable growth in Q4 2019
February 27, 2020
Economic growth was stable in the fourth quarter from the third, with GDP growth again clocking in at 2.1% in seasonally-adjusted annualized terms (SAAR), according to a second GDP estimate released by the Bureau of Economic Analysis.
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Hong Kong: Second release confirms GDP contracted at sharpest rate in a decade in Q4
February 26, 2020
The revised GDP reading confirmed the economy contracted at the sharpest pace since June 2009 in the fourth quarter, as political turmoil continued to extinguish economic activity.
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Mexico: Economy contracts for third quarter running in Q4 2019
February 25, 2020
A comprehensive GDP estimate released by the Statistical Institute (INEGI) on 25 February showed that output fell 0.5% on an annual basis in the final quarter of 2019, more sharply than the 0.3% drop reported in the preliminary estimate and marking the third consecutive quarter of decline (Q3 2019: -0.3% year-on-year).
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