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.
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GDP per capita Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Albania | 4,298 | 4,714 | 3,955 | 4,141 | 4,640 |
| Algeria | 5,459 | 5,465 | 4,163 | 3,896 | 4,018 |
| Angola | 5,437 | 5,624 | 4,354 | 3,677 | 4,304 |
| Argentina | 14,540 | 13,133 | 15,110 | 12,778 | 14,727 |
| Armenia | 3,720 | 3,966 | 3,574 | 3,569 | 3,859 |
| Australia | 65,173 | 61,618 | 51,486 | 52,023 | 55,953 |
| Austria | 49,666 | 53,382 | 44,446 | 45,281 | 47,860 |
| Azerbaijan | 7,870 | 7,926 | 5,525 | 3,901 | 4,149 |
| Bahrain | 25,900 | 25,321 | 22,700 | 22,610 | 24,243 |
| Bangladesh | 956 | 1,093 | 1,220 | 1,372 | 1,521 |
| Belarus | 8,062 | 8,315 | 6,183 | 4,948 | 5,738 |
| Belgium | 45,786 | 48,989 | 40,762 | 41,704 | 44,124 |
| Belize | 4,596 | 4,742 | 4,816 | 4,805 | 4,825 |
| Bolivia | 2,948 | 3,124 | 3,086 | 3,126 | 3,388 |
| Bosnia and Herzegovina | 5,317 | 5,390 | 4,767 | 4,992 | 5,158 |
| Botswana | 6,863 | 7,643 | 6,702 | 6,986 | 7,657 |
| Brazil | 12,342 | 12,170 | 8,827 | 8,771 | 9,929 |
| Brunei | 44,897 | 41,905 | 31,383 | 27,346 | 28,276 |
| Bulgaria | 7,648 | 7,891 | 7,056 | 7,508 | 8,300 |
| Cambodia | 1,009 | 1,091 | 1,158 | 1,269 | 1,385 |
| Canada | 52,714 | 51,029 | 43,621 | 42,465 | 45,210 |
| Chile | 15,815 | 14,699 | 13,680 | 13,788 | 15,178 |
| China | 7,124 | 7,650 | 7,912 | 8,065 | 8,738 |
| Colombia | 8,106 | 7,992 | 6,075 | 5,808 | 6,322 |
| Costa Rica | 10,485 | 10,574 | 11,292 | 11,659 | 11,707 |
| Croatia | 13,697 | 13,724 | 11,896 | 12,568 | 14,048 |
| Cyprus | 27,252 | 28,089 | 23,377 | 24,175 | 26,199 |
| Czech Republic | 19,762 | 19,770 | 17,874 | 18,532 | 20,502 |
| DR Congo | - | - | - | - | - |
| Denmark | 60,020 | 64,658 | 53,737 | 54,952 | 58,118 |
| Dominican Republic | 6,410 | 6,805 | 7,139 | 7,520 | 7,869 |
| Ecuador | 6,030 | 6,347 | 6,099 | 6,046 | 6,217 |
| Egypt | 3,407 | 3,525 | 3,738 | 3,691 | 2,472 |
| El Salvador | 3,466 | 3,530 | 3,628 | 3,704 | 3,787 |
| Estonia | 19,077 | 20,268 | 17,430 | 18,231 | 20,260 |
| Ethiopia | 640 | 731 | 807 | 884 | 910 |
| Finland | 48,701 | 51,607 | 42,749 | 43,748 | 46,409 |
| France | 44,005 | 44,732 | 38,189 | 38,415 | 40,060 |
| Georgia | 4,341 | 4,441 | 3,758 | 3,856 | 4,049 |
| Germany | 45,623 | 49,753 | 41,546 | 42,551 | 45,277 |
| Ghana | 2,258 | 1,881 | 1,721 | 1,926 | 2,014 |
| Greece | 21,721 | 21,757 | 18,226 | 18,154 | 18,901 |
| Guatemala | 3,463 | 3,665 | 3,938 | 4,120 | 4,477 |
| Haiti | 804 | 819 | 793 | 705 | 776 |
| Honduras | 2,134 | 2,227 | 2,325 | 2,366 | 2,474 |
| Hong Kong | 38,233 | 40,190 | 42,316 | 43,478 | 46,079 |
| Hungary | 13,671 | 14,213 | 12,591 | 12,843 | 14,350 |
| Iceland | 49,084 | 56,494 | 52,754 | 60,759 | 75,699 |
| India | 1,488 | 1,614 | 1,633 | 1,763 | 2,017 |
| Indonesia | 3,672 | 3,532 | 3,368 | 3,607 | 3,885 |
| Iran | 6,917 | 5,642 | 4,931 | 5,272 | 5,635 |
| Iraq | 7,042 | 6,724 | 5,127 | 4,752 | 5,234 |
| Ireland | 51,393 | 55,496 | 62,155 | 63,089 | 69,637 |
| Israel | 36,065 | 39,393 | 36,957 | 37,282 | 41,836 |
| Italy | 34,460 | 36,550 | 30,256 | 30,958 | 32,552 |
| Jamaica | 5,098 | 4,949 | 5,027 | 4,974 | 5,197 |
| Japan | 40,111 | 38,363 | 34,514 | 39,010 | 38,075 |
| Jordan | 3,993 | 4,067 | 4,096 | 4,145 | 4,196 |
| Kazakhstan | 13,591 | 12,481 | 6,793 | 7,852 | 8,773 |
| Kenya | 1,322 | 1,434 | 1,433 | 1,528 | 1,681 |
| Korea | 27,189 | 29,254 | 28,723 | 29,273 | 31,555 |
| Kosovo | 3,796 | 4,184 | 3,591 | 3,713 | 3,875 |
| Kuwait | 44,489 | 40,694 | 27,261 | 25,301 | 26,840 |
| Kyrgyzstan | 1,249 | 1,154 | 942 | 1,118 | 1,204 |
| Laos | 1,895 | 2,075 | 2,217 | 2,400 | 2,523 |
| Latvia | 14,902 | 15,688 | 13,663 | 14,095 | 15,672 |
| Lebanon | 8,883 | 8,620 | 8,541 | 8,530 | 8,779 |
| Lithuania | 16,396 | 15,348 | 14,527 | 15,307 | 18,407 |
| Luxembourg | 112,551 | 124,024 | 102,075 | 102,807 | 106,719 |
| Malaysia | 10,722 | 11,062 | 9,724 | 9,578 | 9,947 |
| Malta | 23,924 | 26,387 | 24,500 | 25,489 | 27,739 |
| Mexico | 10,773 | 10,964 | 9,654 | 8,804 | 9,373 |
| Moldova | 2,252 | 2,249 | 1,820 | 1,925 | 2,761 |
| Mongolia | 4,318 | 4,087 | 3,847 | 3,578 | 3,585 |
| Montenegro | 7,191 | 7,386 | 6,521 | 7,023 | 7,784 |
| Morocco | 3,143 | 3,346 | 2,975 | 3,003 | 3,160 |
| Mozambique | 644 | 651 | 579 | 417 | 449 |
| Myanmar | 1,188 | 1,231 | 1,219 | 1,157 | 1,166 |
| Netherlands | 52,014 | 52,993 | 45,496 | 46,124 | 48,556 |
| New Zealand | 41,788 | 43,841 | 37,739 | 39,020 | 41,401 |
| Nicaragua | 1,850 | 1,979 | 2,105 | 2,163 | 2,219 |
| Nigeria | 3,047 | 3,271 | 2,736 | 2,183 | 1,974 |
| North Macedonia | 5,220 | 5,493 | 4,869 | 5,150 | 5,440 |
| Norway | 98,840 | 99,455 | 76,144 | 70,977 | 74,571 |
| Oman | 21,893 | 21,784 | 18,218 | 16,426 | 17,102 |
| Pakistan | 1,267 | 1,314 | 1,426 | 1,440 | 1,545 |
| Panama | 11,841 | 12,758 | 13,608 | 14,357 | 15,199 |
| Paraguay | 5,891 | 6,047 | 5,348 | 5,248 | 5,596 |
| Peru | 6,412 | 6,234 | 5,729 | 6,209 | 6,779 |
| Philippines | 2,768 | 2,849 | 2,881 | 2,953 | 2,989 |
| Poland | 13,777 | 14,330 | 12,562 | 12,429 | 13,876 |
| Portugal | 21,555 | 22,152 | 19,386 | 20,027 | 21,301 |
| Puerto Rico | 28,513 | 28,981 | 29,764 | 30,629 | 31,353 |
| Qatar | 99,140 | 93,030 | 66,323 | 57,940 | 62,765 |
| Romania | 9,532 | 9,989 | 8,987 | 9,556 | 10,819 |
| Russia | 15,991 | 14,315 | 9,459 | 8,911 | 10,965 |
| Saudi Arabia | 24,892 | 24,577 | 21,095 | 20,313 | 21,152 |
| Serbia | 6,754 | 6,594 | 5,587 | 5,757 | 6,288 |
| Singapore | 56,949 | 57,669 | 55,617 | 56,670 | 60,091 |
| Slovakia | 18,204 | 18,665 | 16,202 | 16,564 | 17,640 |
| Slovenia | 23,288 | 24,284 | 21,032 | 21,686 | 23,495 |
| South Africa | 6,715 | 6,635 | 6,094 | 5,351 | 6,284 |
| Spain | 29,134 | 29,723 | 26,009 | 26,736 | 28,348 |
| Sri Lanka | 3,608 | 3,820 | 3,839 | 3,871 | 4,102 |
| Sweden | 60,075 | 58,888 | 50,577 | 51,255 | 52,958 |
| Switzerland | 84,932 | 87,592 | 83,013 | 80,595 | 80,084 |
| Taiwan | 21,894 | 22,716 | 22,559 | 22,661 | 24,480 |
| Tajikistan | 1,043 | 1,031 | 807 | 799 | 777 |
| Tanzania | 985 | 1,061 | 970 | 1,018 | 1,061 |
| Thailand | 6,306 | 6,088 | 5,975 | 6,122 | 6,738 |
| Trinidad and Tobago | 20,203 | 20,361 | 18,527 | 16,018 | 16,359 |
| Tunisia | 4,197 | 4,271 | 3,827 | 3,669 | 3,467 |
| Turkey | 12,386 | 12,026 | 10,898 | 10,805 | 10,542 |
| Turkmenistan | 7,305 | 7,963 | 6,433 | 6,413 | 6,642 |
| USA | 53,061 | 54,993 | 56,770 | 57,877 | 59,895 |
| Uganda | 761 | 812 | 698 | 690 | 717 |
| Ukraine | 3,974 | 3,058 | 2,055 | 2,175 | 2,686 |
| United Arab Emirates | 43,191 | 43,335 | 37,375 | 36,220 | 37,252 |
| United Kingdom | 42,998 | 47,040 | 44,506 | 40,664 | 40,002 |
| Uruguay | 16,771 | 16,829 | 15,575 | 14,980 | 17,206 |
| Uzbekistan | 1,923 | 2,070 | 2,149 | 2,124 | 1,839 |
| Venezuela | 7,870 | 7,030 | 10,568 | 9,092 | 4,717 |
| Vietnam | 1,893 | 2,029 | 2,033 | 2,133 | 2,355 |
| Yemen | 1,304 | 1,210 | 943 | 853 | 933 |
| Zambia | 1,810 | 1,685 | 1,508 | 1,293 | 1,566 |
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GDP per capita Economic News
Angola: Economy contracts again in Q2
October 15, 2019
The economy contracted 0.1% on an annual basis in the second quarter, following the previous quarter’s revised 0.3% dip (previously reported: -0.4% year-on-year), according to national accounts data released by Angola’s Statistical Institute (INE) on 15 October. The all-important Angolan oil sector, which accounts for around one-third of GDP, once again drove the overall contraction amid sliding domestic oil production.
United Kingdom: Economy contracts in August, but still set to avoid recession in Q3
October 10, 2019
According to monthly GDP data released by the Office for National Statistics (ONS), economic activity shrank 0.1% in August over the previous month in seasonally-adjusted terms.
Romania: Second release confirms economic growth moderated in Q2
October 10, 2019
GDP grew 4.4% year-on-year in the second quarter (Q1: +5.0% year-on-year), according to a second release published by Romania’s Statistical Institute on 10 October.
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