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
-
Argentina: GDP growth improves in Q2
September 28, 2022
GDP growth gathered momentum to 6.9% year on year in the second quarter, from 6.0% in the first quarter. Fixed investment growth improved to 18.8% in Q2, from a 10.6% increase in the prior quarter.
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Panama: GDP growth slows in Q2 to over one-year low
September 17, 2022
According to a preliminary reading, GDP growth softened to 9.8% year on year in the second quarter, from 13.6% in the first quarter.
-
New Zealand: The economy rebounds in Q2 amid easing Covid-19 restrictions
September 15, 2022
GDP increased 1.7% in seasonally adjusted quarter-on-quarter (s.a.
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