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
-
New Zealand: The economy sinks in Q1 as Omicron variant spreads
June 17, 2022
GDP decreased 0.2% in seasonally-adjusted quarter-on-quarter terms in Q1 amid the spread of the Omicron variant and border restrictions.
-
Luxembourg: Economy grows at softest pace since Q4 2020 in the first quarter
June 15, 2022
GDP growth moderated to 4.1% year on year in the first quarter, from 4.8% in the fourth quarter of last year.
-
United Kingdom: Economy contracts at sharpest pace since January 2021 in April, although underlying momentum is less downbeat
June 13, 2022
GDP declined 0.3% month-on-month in seasonally-adjusted terms in April (March: -0.1% mom).
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