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
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Albania | 3,955 | 4,141 | 4,638 | 5,266 | 5,425 |
| Algeria | 4,153 | 3,919 | 4,012 | 4,081 | 3,914 |
| Angola | 4,354 | 3,655 | 4,304 | 3,652 | 2,809 |
| Argentina | 15,110 | 12,778 | 14,727 | 12,123 | 9,679 |
| Armenia | 3,574 | 3,567 | 3,875 | 4,201 | 4,649 |
| Australia | 51,474 | 51,970 | 55,961 | 56,488 | 54,222 |
| Austria | 44,447 | 45,416 | 47,912 | 50,685 | 50,728 |
| Azerbaijan | 5,525 | 3,901 | 4,161 | 4,740 | 4,777 |
| Bahrain | 22,645 | 22,597 | 24,334 | 25,424 | 25,461 |
| Bangladesh | 1,220 | 1,372 | 1,521 | 1,650 | 1,829 |
| Belarus | 6,183 | 4,948 | 5,738 | 6,490 | 6,813 |
| Belgium | 41,317 | 42,270 | 44,847 | 47,068 | 47,020 |
| Belize | 4,712 | 4,720 | 4,755 | 4,728 | - |
| Bolivia | 3,037 | 3,084 | 3,345 | 3,540 | 3,541 |
| Bosnia and Herzegovina | 4,767 | 4,992 | 5,316 | 5,857 | 5,839 |
| Botswana | 6,702 | 6,986 | 7,657 | 7,843 | 7,814 |
| Brazil | 8,827 | 8,774 | 9,973 | 9,040 | 8,760 |
| Brunei | 31,383 | 27,346 | 28,211 | 30,689 | 30,135 |
| Bulgaria | 7,116 | 7,584 | 8,404 | 9,361 | 9,719 |
| Cambodia | 1,160 | 1,278 | 1,385 | 1,510 | 1,631 |
| Canada | 43,621 | 42,409 | 45,202 | 46,381 | 46,361 |
| Chile | 13,682 | 13,793 | 15,086 | 15,915 | 14,766 |
| China | 7,945 | 8,134 | 8,858 | 9,916 | 10,212 |
| Colombia | 6,075 | 5,808 | 6,322 | 6,689 | 6,421 |
| Costa Rica | 11,292 | 11,659 | 11,769 | 12,054 | 12,171 |
| Croatia | 12,241 | 12,675 | 13,123 | 15,046 | 14,877 |
| Cyprus | 23,495 | 24,764 | 26,784 | 28,588 | 28,539 |
| Czech Republic | 17,874 | 18,532 | 20,502 | 22,958 | 23,056 |
| DR Congo | - | - | - | - | - |
| Denmark | 53,737 | 55,152 | 58,040 | 60,880 | 61,008 |
| Dominican Republic | 7,139 | 7,520 | 7,869 | 8,332 | 8,574 |
| Ecuador | 6,099 | 6,046 | 6,217 | 6,319 | 6,222 |
| Egypt | 3,738 | 3,691 | 2,472 | 2,587 | 3,056 |
| El Salvador | 3,628 | 3,710 | 3,795 | 3,932 | 4,031 |
| Estonia | 17,541 | 18,240 | 20,398 | 23,312 | 23,797 |
| Ethiopia | 828 | 897 | 910 | 1,021 | - |
| Finland | 43,039 | 44,038 | 46,804 | 49,474 | 49,548 |
| France | 38,188 | 38,408 | 40,098 | 42,850 | 41,772 |
| Georgia | 4,016 | 4,061 | 4,361 | 4,718 | 4,767 |
| Germany | 41,287 | 42,204 | 44,828 | 47,164 | 47,231 |
| Ghana | 1,721 | 1,926 | 2,014 | 2,173 | 2,164 |
| Greece | 18,226 | 18,154 | 18,901 | 20,149 | - |
| Guatemala | 3,825 | 3,982 | 4,230 | 4,233 | 4,353 |
| Haiti | 826 | 740 | 779 | 882 | - |
| Honduras | 2,379 | 2,396 | 2,502 | 2,553 | 2,621 |
| Hong Kong | 42,319 | 43,491 | 46,037 | 48,323 | 48,380 |
| Hungary | 12,740 | 12,996 | 14,529 | 16,003 | 16,392 |
| Iceland | 52,754 | 60,759 | 75,684 | 75,789 | 66,761 |
| India | 1,633 | 1,766 | 2,018 | 2,023 | 2,113 |
| Indonesia | 3,368 | 3,607 | 3,885 | 3,946 | 4,194 |
| Iran | 4,931 | 5,274 | 5,635 | - | - |
| Iraq | 4,677 | 4,606 | 5,133 | 5,571 | 5,636 |
| Ireland | 62,155 | 63,089 | 69,623 | 77,773 | 78,182 |
| Israel | 35,790 | 37,350 | 40,563 | 41,674 | 43,658 |
| Italy | 30,316 | 31,067 | 32,724 | 34,088 | 33,721 |
| Jamaica | 5,042 | 4,976 | 5,206 | 5,494 | 5,536 |
| Japan | 34,514 | 38,977 | 38,130 | 39,286 | 40,365 |
| Jordan | 4,140 | 4,145 | 4,196 | 4,264 | 4,350 |
| Kazakhstan | 6,793 | 7,856 | 9,002 | 8,819 | 9,662 |
| Kenya | 1,433 | 1,528 | 1,685 | 1,832 | 1,931 |
| Korea | 28,723 | 29,273 | 31,555 | 33,391 | 31,731 |
| Kosovo | 3,577 | 3,698 | 3,959 | 4,305 | 4,293 |
| Kuwait | 27,261 | 25,301 | 27,099 | 30,673 | 28,639 |
| Kyrgyzstan | 962 | 1,140 | 1,252 | 1,303 | 1,326 |
| Laos | 2,135 | 2,309 | 2,424 | 2,542 | 2,527 |
| Latvia | 13,723 | 14,115 | 15,533 | 17,585 | 17,620 |
| Lebanon | 8,541 | 8,530 | 8,779 | 9,294 | 8,803 |
| Lithuania | 14,389 | 15,132 | 17,822 | 18,649 | 19,397 |
| Luxembourg | 103,039 | 105,825 | 109,643 | 116,472 | 117,806 |
| Malaysia | 9,724 | 9,578 | 9,952 | 11,072 | 11,091 |
| Malta | 24,500 | 25,556 | 27,783 | 30,546 | 30,536 |
| Mexico | 9,665 | 8,809 | 9,389 | 9,805 | 9,999 |
| Moldova | 2,164 | 2,286 | 2,794 | 3,229 | 3,286 |
| Mongolia | 3,847 | 3,578 | 3,595 | 4,051 | 4,211 |
| Montenegro | 6,521 | 7,034 | 7,809 | 8,840 | 8,819 |
| Morocco | 2,975 | 3,003 | 3,159 | 3,318 | 3,364 |
| Mozambique | 579 | 417 | 449 | 484 | 483 |
| Myanmar | 1,219 | 1,157 | 1,166 | 1,217 | 1,305 |
| Netherlands | 45,593 | 46,263 | 48,721 | 52,878 | - |
| New Zealand | 37,791 | 39,069 | 41,853 | 41,797 | 40,700 |
| Nicaragua | 2,044 | 2,102 | 2,158 | 2,028 | 1,915 |
| Nigeria | 2,744 | 2,214 | 1,957 | 2,183 | 2,363 |
| North Macedonia | 4,889 | 5,174 | 5,504 | 6,007 | 6,194 |
| Norway | 75,973 | 70,495 | 74,367 | 81,369 | 77,724 |
| Oman | 18,080 | 16,311 | 17,020 | 18,947 | 17,659 |
| Pakistan | 1,426 | 1,440 | 1,545 | 1,566 | 1,360 |
| Panama | 13,608 | 14,344 | 15,183 | 15,660 | 15,833 |
| Paraguay | 5,348 | 5,248 | 5,596 | 5,727 | 5,335 |
| Peru | 6,142 | 6,182 | 6,735 | 7,005 | 7,060 |
| Philippines | 3,015 | 3,086 | 3,131 | 3,253 | 3,480 |
| Poland | 12,562 | 12,430 | 13,876 | 15,455 | 15,596 |
| Portugal | 19,376 | 20,027 | 21,447 | 23,329 | - |
| Puerto Rico | 29,764 | 30,629 | 31,111 | 31,606 | 33,930 |
| Qatar | 66,323 | 57,940 | 62,765 | 70,359 | 66,622 |
| Romania | 8,987 | 9,556 | 10,833 | 12,214 | 12,737 |
| Russia | 9,289 | 8,699 | 10,718 | 11,371 | 11,583 |
| Saudi Arabia | 21,063 | 20,284 | 21,113 | 23,536 | 23,265 |
| Serbia | 5,587 | 5,757 | 6,288 | 7,232 | 7,380 |
| Singapore | 55,615 | 56,788 | 60,722 | 65,953 | 65,390 |
| Slovakia | 16,329 | 16,526 | 17,570 | 19,467 | 19,340 |
| Slovenia | 21,028 | 21,691 | 23,490 | 23,553 | 25,882 |
| South Africa | 6,022 | 5,291 | 6,220 | 6,137 | 6,121 |
| Spain | 25,923 | 26,618 | 28,241 | 30,364 | 29,776 |
| Sri Lanka | 3,839 | 3,871 | 4,075 | 4,074 | 3,831 |
| Sweden | 51,287 | 51,600 | 53,493 | 54,256 | 51,431 |
| Switzerland | 82,479 | 80,641 | 80,778 | 83,097 | 82,311 |
| Taiwan | 22,941 | 23,161 | 25,154 | 25,750 | 25,893 |
| Tajikistan | 807 | 799 | 777 | 826 | 874 |
| Tanzania | 925 | 962 | 1,000 | 1,039 | - |
| Thailand | 5,954 | 6,132 | 6,745 | 7,454 | 8,021 |
| Trinidad and Tobago | 18,484 | 16,414 | 16,524 | 17,370 | - |
| Tunisia | 3,829 | 3,669 | 3,466 | 3,421 | 3,297 |
| Turkey | 10,898 | 10,805 | 10,556 | 9,384 | 9,078 |
| Turkmenistan | 6,425 | 6,696 | 6,650 | 7,083 | - |
| USA | 56,787 | 57,901 | 60,000 | 62,869 | 65,076 |
| Uganda | 829 | 835 | 837 | 867 | 912 |
| Ukraine | 2,055 | 2,175 | 2,686 | 3,120 | 3,678 |
| United Arab Emirates | 37,375 | 36,220 | 38,027 | 40,474 | 39,173 |
| United Kingdom | 45,001 | 41,199 | 40,432 | 43,092 | 42,294 |
| Uruguay | 15,575 | 14,980 | 17,206 | 16,684 | 15,938 |
| Uzbekistan | 2,636 | 2,590 | 1,839 | 1,547 | 1,754 |
| Venezuela | 10,568 | 9,092 | 4,755 | 3,411 | - |
| Vietnam | 2,085 | 2,172 | 2,353 | 2,545 | 2,722 |
| Yemen | 943 | 849 | 806 | 866 | - |
| Zambia | 1,508 | 1,293 | 1,566 | 1,608 | - |
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GDP per capita Economic News
-
Spain: Economy swings back to growth in Q2 amid easing restrictions
July 30, 2021
The economy swung back to expansion in the second quarter, as the lifting of restrictions amid an acceleration in the vaccine rollout supported domestic activity.
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Czech Republic: Economy rebounds amid low base effect and easing restrictions in Q2
July 30, 2021
The economy expanded 7.8% in seasonally-adjusted year-on-year terms in the second quarter, swinging from Q1’s 2.4% decline supported by an acceleration in the vaccination campaign and easing restrictions.
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Euro Area: GDP rebounds strongly in Q2 amid easing lockdowns
July 30, 2021
The economy grew a seasonally-adjusted 2.0% over the previous quarter in Q2, contrasting Q1’s 0.3% contraction and beating market expectations of a softer expansion.
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