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
-
Germany: Economy recovers at moderate pace in 2021
January 24, 2022
A preliminary estimate revealed that the German economy expanded 2.7% year-on-year on a price-adjusted basis in 2021, marking a moderate recovery from the pandemic-induced 4.6% contraction recorded in the prior year.
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China: Economic growth records slowest increase since Q2 2020 in the fourth quarter
January 16, 2022
GDP growth lost momentum in the fourth quarter, falling to 4.0% year-on-year from 4.9% in the third quarter.
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Angola: Economy rebounds in Q3 on firming non-oil activity
January 15, 2022
National accounts data for the third quarter showed that the economy expanded 0.8% year-on-year, rebounding from the second quarter’s revised 0.2% contraction.
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