List of countries by GDP (PPP) per capita

Last updated

Countries by GDP (PPP) per capita (Int$) in 2018 according to the IMF
> 50,000
35,000-50,000
20,000-35,000
10,000-20,000
5,000-10,000
2,000-5,000
< 2,000
No data Countries by GDP (PPP) per capita in 2018.png
Countries by GDP (PPP) per capita (Int$) in 2018 according to the IMF
  > 50,000
  35,000–50,000
  20,000–35,000
  10,000–20,000
  5,000–10,000
  2,000–5,000
  < 2,000
  No data

This page is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.

Contents

As of 2017, the average GDP per capita (PPP) of all of the countries of the world is US$17,300. [1] For rankings regarding wealth, see list of countries by wealth per adult.

Method

The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Such calculations are prepared by various organizations, including the International Monetary Fund and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution.

Comparisons of national wealth are frequently made on the basis of nominal GDP and savings (not just income), which do not reflect differences in the cost of living in different countries (see List of countries by GDP (nominal) per capita); hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income. This is why GDP (PPP) per capita is often considered one of the indicators of a country's standard of living, [2] [3] although this can be problematic because GDP per capita is not a measure of personal income. (See Standard of living and GDP.)

Note that the Irish GDP data below is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. 2015 Irish GDP was over 150% of 2015 Irish gross national income (GNI). To address this, in 2017 the Central Bank of Ireland created "modified GNI" (or GNI*) as a more appropriate statistic, and the OECD and IMF have adopted it for Ireland. 2015 Irish GDP is 143% of 2015 Irish GNI*.

Lists of countries and dependencies

All figures are in current international dollars, and rounded up or down to the nearest whole number.

Several economies that are not considered to be sovereign states (such as various dependent territories) are included because they appear in the sources. These non-sovereign entities, former countries and other special groupings are in italics. They are listed in dollar order, but are not given a numerical rank.

International Monetary Fund (2018) [4] World Bank (2018) [5] [6] Central Intelligence Agency (19932017) [7]
RankCountry/TerritoryInt$
1Flag of Qatar.svg  Qatar 130,475
Flag of Macau.svg  Macau 116,808
2Flag of Luxembourg.svg  Luxembourg 106,705
3Flag of Singapore.svg  Singapore 100,345
4Flag of Brunei.svg  Brunei 79,530
5Flag of Ireland.svg  Ireland 78,785
6Flag of Norway.svg  Norway 74,356
7Flag of the United Arab Emirates.svg  United Arab Emirates 69,382
8Flag of Kuwait.svg  Kuwait 67,000
9Flag of Switzerland.svg   Switzerland 64,649
Flag of Hong Kong.svg  Hong Kong 64,216
10Flag of the United States.svg  United States 62,606
11Flag of San Marino.svg  San Marino 60,313
12Flag of the Netherlands.svg  Netherlands 56,383
13Flag of Saudi Arabia.svg  Saudi Arabia 55,944
14Flag of Iceland.svg  Iceland 55,917
Flag of the Republic of China.svg  Taiwan 53,023
15Flag of Sweden.svg  Sweden 52,984
16Flag of Germany.svg  Germany 52,559
17Flag of Australia (converted).svg  Australia 52,373
18Flag of Austria.svg  Austria 52,137
19Flag of Denmark.svg  Denmark 52,121
20Flag of Bahrain.svg  Bahrain 50,057
21Flag of Canada (Pantone).svg  Canada 49,651
22Flag of Belgium (civil).svg  Belgium 48,245
23Flag of Oman.svg  Oman 46,584
24Flag of Finland.svg  Finland 46,430
25Flag of France.svg  France 45,775
26Flag of the United Kingdom.svg  United Kingdom 45,705
27Flag of Malta.svg  Malta 45,606
28Flag of Japan.svg  Japan 44,227
29Flag of South Korea.svg  Korea, South 41,351
30Flag of Spain.svg  Spain 40,139
31Flag of New Zealand.svg  New Zealand 40,135
32Flag of Cyprus.svg  Cyprus 39,973
Flag of Puerto Rico.svg  Puerto Rico 39,737
33Flag of Italy.svg  Italy 39,637
34Flag of Israel.svg  Israel 37,972
35Flag of the Czech Republic.svg  Czech Republic 37,371
36Flag of Slovenia.svg  Slovenia 36,746
37Flag of Slovakia.svg  Slovakia 35,130
38Flag of Lithuania.svg  Lithuania 34,826
39Flag of Estonia.svg  Estonia 34,096
40Flag of the Bahamas.svg  Bahamas, The 33,494
41Flag of Trinidad and Tobago.svg  Trinidad and Tobago 32,254
42Flag of Portugal.svg  Portugal 32,006
43Flag of Poland.svg  Poland 31,939
44Flag of Hungary.svg  Hungary 31,903
45Flag of Malaysia.svg  Malaysia 30,860
46Flag of the Seychelles.svg  Seychelles 30,505
47Flag of Latvia.svg  Latvia 29,901
48Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis 29,820
49Flag of Russia.svg  Russia 29,267
50Flag of Greece.svg  Greece 29,123
51Flag of Antigua and Barbuda.svg  Antigua and Barbuda 27,981
52Flag of Turkey.svg  Turkey 27,956
53Flag of Kazakhstan.svg  Kazakhstan 27,550
54Flag of Romania.svg  Romania 26,447
55Flag of Croatia.svg  Croatia 26,221
56Flag of Chile.svg  Chile 25,978
57Flag of Panama.svg  Panama 25,674
58Flag of Mauritius.svg  Mauritius 23,699
59Flag of Uruguay.svg  Uruguay 23,274
60Flag of Bulgaria.svg  Bulgaria 23,156
61Flag of Equatorial Guinea.svg  Equatorial Guinea 22,710
62Flag of Maldives.svg  Maldives 21,760
63Flag of Mexico.svg  Mexico 20,602
64Flag of Argentina.svg  Argentina 20,537
65Flag of Belarus.svg  Belarus 20,003
66Flag of Iran.svg  Iran 19,557
67Flag of Turkmenistan.svg  Turkmenistan 19,527
68Flag of Thailand.svg  Thailand 19,476
69Flag of Montenegro.svg  Montenegro 19,043
70Flag of Barbados.svg  Barbados 18,534
71Flag of Gabon.svg  Gabon 18,496
72Flag of the Dominican Republic.svg  Dominican Republic 18,424
73Flag of the People's Republic of China.svg  China 18,110
74Flag of Azerbaijan.svg  Azerbaijan 18,076
75Flag of Botswana.svg  Botswana 17,965
76Flag of Iraq.svg  Iraq 17,659
77Flag of Costa Rica.svg  Costa Rica 17,559
78Flag of Serbia.svg  Serbia 17,555
 World [n 1] 16,779
79Flag of Grenada.svg  Grenada 16,167
80Flag of Brazil.svg  Brazil 16,154
81Flag of North Macedonia.svg  North Macedonia 15,709
82Flag of Algeria.svg  Algeria 15,440
83Flag of Suriname.svg  Suriname 15,105
84Flag of Palau.svg  Palau 14,952
85Flag of Colombia.svg  Colombia 14,943
86Flag of Lebanon.svg  Lebanon 14,684
87Flag of Saint Lucia.svg  Saint Lucia 14,355
88Flag of Peru.svg  Peru 14,224
89Flag of South Africa.svg  South Africa 13,675
90Flag of Bosnia and Herzegovina.svg  Bosnia and Herzegovina 13,491
91Flag of Mongolia.svg  Mongolia 13,447
92Flag of Sri Lanka.svg  Sri Lanka 13,397
93Flag of Paraguay.svg  Paraguay 13,395
94Flag of Egypt.svg  Egypt 13,366
95Flag of Albania.svg  Albania 13,345
96Flag of Indonesia.svg  Indonesia 13,230
97Flag of Tunisia.svg  Tunisia 12,372
98Flag of Nauru.svg  Nauru 12,326
99Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines 11,956
100Flag of Ecuador.svg  Ecuador 11,718
Flag of Kosovo.svg  Kosovo 11,552
101Flag of Georgia.svg  Georgia 11,485
102Flag of Libya.svg  Libya 11,469
103Flag of Namibia.svg  Namibia 11,229
104Flag of Eswatini.svg  Eswatini 11,020
105Flag of Fiji.svg  Fiji 10,234
106Flag of Armenia.svg  Armenia 10,176
107Flag of Dominica.svg  Dominica 9,886
108Flag of Bhutan.svg  Bhutan 9,540
109Flag of Jamaica.svg  Jamaica 9,447
110Flag of Jordan.svg  Jordan 9,433
111Flag of Ukraine.svg  Ukraine 9,283
112Flag of the Philippines.svg  Philippines 8,936
113Flag of Morocco.svg  Morocco 8,933
114Flag of Guyana.svg  Guyana 8,519
115Flag of Belize.svg  Belize 8,501
116Flag of Guatemala.svg  Guatemala 8,436
117Flag of El Salvador.svg  El Salvador 8,041
118Flag of Laos.svg  Laos 7,925
119Flag of India.svg  India 7,874
120Flag of Uzbekistan.svg  Uzbekistan 7,665
121Flag of Vietnam.svg  Vietnam 7,510
122Flag of Bolivia.svg  Bolivia 7,477
123Flag of Cape Verde.svg  Cape Verde 7,316
124Flag of Moldova.svg  Moldova 7,305
125Flag of Angola.svg  Angola 6,814
126Flag of the Republic of the Congo.svg  Congo, Republic of the 6,799
127Flag of Myanmar.svg  Myanmar 6,511
128Flag of Ghana.svg  Ghana 6,452
129Flag of Tonga.svg  Tonga 6,111
130Flag of Nigeria.svg  Nigeria 6,027
131Flag of Samoa.svg  Samoa 5,890
132Flag of Nicaragua.svg  Nicaragua 5,683
133Flag of Pakistan.svg  Pakistan 5,680
134Flag of East Timor.svg  Timor-Leste 5,242
135Flag of Honduras.svg  Honduras 5,212
136Flag of Bangladesh.svg  Bangladesh 4,620
137Flag of Cambodia.svg  Cambodia 4,335
138Flag of Sudan.svg  Sudan 4,232
139Flag of Cote d'Ivoire.svg  Côte d'Ivoire 4,178
140Flag of Zambia.svg  Zambia 4,104
141Flag of Tuvalu.svg  Tuvalu 4,052
142Flag of Mauritania.svg  Mauritania 3,990
143Flag of Kyrgyzstan.svg  Kyrgyzstan 3,844
144Flag of Cameroon.svg  Cameroon 3,828
145Flag of Djibouti.svg  Djibouti 3,786
146Flag of the Marshall Islands.svg  Marshall Islands 3,697
147Flag of Kenya.svg  Kenya 3,691
148Flag of Papua New Guinea.svg  Papua New Guinea 3,662
149Flag of Senegal.svg  Senegal 3,651
150Flag of Federated States of Micronesia.svg  Micronesia, Federated States of 3,482
151Flag of Tanzania.svg  Tanzania 3,444
152Flag of Tajikistan.svg  Tajikistan 3,416
153Flag of Lesotho.svg  Lesotho 3,494
154Flag of Sao Tome and Principe.svg  São Tomé and Príncipe 3,324
155Flag of Nepal.svg    Nepal 2,905
156Flag of Vanuatu.svg  Vanuatu 2,862
157Flag of The Gambia.svg  Gambia, The 2,792
158Flag of Zimbabwe.svg  Zimbabwe 2,788
159Flag of Uganda.svg  Uganda 2,498
160Flag of Benin.svg  Benin 2,426
161Flag of Chad.svg  Chad 2,415
162Flag of Mali.svg  Mali 2,384
163Flag of Yemen.svg  Yemen 2,377
164Flag of Ethiopia.svg  Ethiopia 2,332
165Flag of Guinea.svg  Guinea 2,310
166Flag of Rwanda.svg  Rwanda 2,280
167Flag of the Solomon Islands.svg  Solomon Islands 2,242
168Flag of Kiribati.svg  Kiribati 2,086
169Flag of Afghanistan.svg  Afghanistan 2,017
170Flag of Burkina Faso.svg  Burkina Faso 1,996
171Flag of Guinea-Bissau.svg  Guinea-Bissau 1,937
172Flag of Haiti.svg  Haiti 1,864
173Flag of Togo.svg  Togo 1,746
174Flag of Eritrea.svg  Eritrea 1,657
175Flag of the Comoros.svg  Comoros 1,632
176Flag of Madagascar.svg  Madagascar 1,630
177Flag of Sierra Leone.svg  Sierra Leone 1,620
178Flag of South Sudan.svg  South Sudan 1,502
179Flag of Liberia.svg  Liberia 1,418
180Flag of Mozambique.svg  Mozambique 1,291
181Flag of Niger.svg  Niger 1,217
182Flag of Malawi.svg  Malawi 1,199
183Flag of the Democratic Republic of the Congo.svg  Congo, Democratic Republic of the 767
184Flag of Burundi.svg  Burundi 732
185Flag of the Central African Republic.svg  Central African Republic 712
Flag of Syria.svg  Syria n/a
Flag of Venezuela.svg  Venezuela n/a
RankCountry/TerritoryInt$
1Flag of Qatar.svg  Qatar 126,898
Flag of Macau.svg  Macau 123,892
2Flag of Luxembourg.svg  Luxembourg 113,337
3Flag of Singapore.svg  Singapore 101,531
4Flag of Ireland.svg  Ireland 83,203
5Flag of Brunei.svg  Brunei 80,920
6Flag of the United Arab Emirates.svg  United Arab Emirates 75,075
7Flag of Kuwait.svg  Kuwait 72,897
8Flag of Switzerland.svg   Switzerland 68,060
9Flag of Norway.svg  Norway 65,510
Flag of Hong Kong.svg  Hong Kong 64,596
10Flag of San Marino.svg  San Marino 63,037 (2017)
11Flag of the United States.svg  United States 62,794
12Flag of Iceland.svg  Iceland 57,303
13Flag of the Netherlands.svg  Netherlands 56,328
14Flag of Denmark.svg  Denmark 55,671
15Flag of Austria.svg  Austria 55,454
16Flag of Saudi Arabia.svg  Saudi Arabia 55,335
17Flag of Sweden.svg  Sweden 53,208
18Flag of Germany.svg  Germany 53,074
19Flag of Australia (converted).svg  Australia 51,663
20Flag of Belgium (civil).svg  Belgium 51,408
21Flag of Finland.svg  Finland 48,416
22Flag of Canada (Pantone).svg  Canada 48,130
23Flag of Bahrain.svg  Bahrain 47,303
24Flag of the United Kingdom.svg  United Kingdom 45,973
25Flag of France.svg  France 45,342
Flag of Europe.svg  European Union 43,737
26Flag of Japan.svg  Japan 42,797
27Flag of Malta.svg  Malta 42,581
28Flag of Oman.svg  Oman 41,859
29Flag of Italy.svg  Italy 41,830
30Flag of New Zealand.svg  New Zealand 41,005
31Flag of South Korea.svg  Korea, South 40,111
32Flag of Israel.svg  Israel 39,919
33Flag of the Czech Republic.svg  Czech Republic 39,743
34Flag of Spain.svg  Spain 39,715
35Flag of Slovenia.svg  Slovenia 38,048
36Flag of Cyprus.svg  Cyprus 36,155 (2017)
37Flag of Estonia.svg  Estonia 35,973
38Flag of Lithuania.svg  Lithuania 35,461
39Flag of Slovakia.svg  Slovakia 33,736
40Flag of Portugal.svg  Portugal 33,415
41Flag of the Bahamas.svg  Bahamas, The 32,087
42Flag of Trinidad and Tobago.svg  Trinidad and Tobago 32,014
43Flag of Malaysia.svg  Malaysia 31,782
44Flag of Poland.svg  Poland 31,336
45Flag of Hungary.svg  Hungary 31,102
46Flag of the Seychelles.svg  Seychelles 30,557
47Flag of Latvia.svg  Latvia 30,304
48Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis 30,207
49Flag of Greece.svg  Greece 29,592
50Flag of Romania.svg  Romania 28,206
51Flag of Turkey.svg  Turkey 28,068
52Flag of Kazakhstan.svg  Kazakhstan 27,879
53Flag of Croatia.svg  Croatia 27,579
54Flag of Russia.svg  Russia 27,147
55Flag of Antigua and Barbuda.svg  Antigua and Barbuda 26,868
56Flag of Panama.svg  Panama 25,553
57Flag of Chile.svg  Chile 25,222
58Flag of Mauritius.svg  Mauritius 23,751
59Flag of Uruguay.svg  Uruguay 23,572
60Flag of Equatorial Guinea.svg  Equatorial Guinea 22,743
61Flag of Bulgaria.svg  Bulgaria 21,960
62Flag of Iran.svg  Iran 21,011 (2017)
63Flag of Libya.svg  Libya 20,764
64Flag of Montenegro.svg  Montenegro 20,690
65Flag of Argentina.svg  Argentina 20,610
66Flag of Belarus.svg  Belarus 19,994
67Flag of Mexico.svg  Mexico 19,844
68Flag of Turkmenistan.svg  Turkmenistan 19,304
69Flag of Thailand.svg  Thailand 19,051
70Flag of Botswana.svg  Botswana 18,615
71Flag of Barbados.svg  Barbados 18,554
72Flag of Palau.svg  Palau 18,510
73Flag of the People's Republic of China.svg  China 18,236
74Flag of Azerbaijan.svg  Azerbaijan 18,044
  World 17,948
75Flag of Gabon.svg  Gabon 17,875
76Flag of the Dominican Republic.svg  Dominican Republic 17,748
77Flag of Costa Rica.svg  Costa Rica 17,671
78Flag of Iraq.svg  Iraq 17,435
79Flag of Serbia.svg  Serbia 17,434
80Flag of Nauru.svg  Nauru 16,504
81Flag of North Macedonia.svg  North Macedonia 16,358
82Flag of Brazil.svg  Brazil 16,096
83Flag of Grenada.svg  Grenada 15,557
84Flag of Suriname.svg  Suriname 15,510
85Flag of Algeria.svg  Algeria 15,481
86Flag of Maldives.svg  Maldives 15,307
87Flag of Colombia.svg  Colombia 15,012
88Flag of Bosnia and Herzegovina.svg  Bosnia and Herzegovina 14,623
89Flag of Peru.svg  Peru 14,418
90Flag of Saint Lucia.svg  Saint Lucia 13,881
91Flag of Mongolia.svg  Mongolia 13,799
92Flag of South Africa.svg  South Africa 13,686
93Flag of Paraguay.svg  Paraguay 13,599
94Flag of Sri Lanka.svg  Sri Lanka 13,473
95Flag of Albania.svg  Albania 13,364
96Flag of Lebanon.svg  Lebanon 13,081
97Flag of Indonesia.svg  Indonesia 13,079
98Flag of Tunisia.svg  Tunisia 12,502
99Flag of Egypt.svg  Egypt 12,412
100Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines 12,288
101Flag of Georgia.svg  Georgia 12,004
102Flag of Ecuador.svg  Ecuador 11,734
Flag of Kosovo.svg  Kosovo 11,348
103Flag of Dominica.svg  Dominica 11,129
104Flag of Namibia.svg  Namibia 11,101
105Flag of Fiji.svg  Fiji 10,879
106Flag of Eswatini.svg  Eswatini 10,637
107Flag of Bhutan.svg  Bhutan 10,534
108Flag of Armenia.svg  Armenia 10,343
109Flag of Jordan.svg  Jordan 9,478
110Flag of Jamaica.svg  Jamaica 9,326
111Flag of Ukraine.svg  Ukraine 9,233
112Flag of the Philippines.svg  Philippines 8,951
113Flag of Belize.svg  Belize 8,648
114Flag of Guyana.svg  Guyana 8,640
115Flag of Morocco.svg  Morocco 8,586
116Flag of Uzbekistan.svg  Uzbekistan 8,556
117Flag of Guatemala.svg  Guatemala 8,462
118Flag of El Salvador.svg  El Salvador 8,331
119Flag of Bolivia.svg  Bolivia 7,873
120Flag of India.svg  India 7,762
121Flag of East Timor.svg  Timor-Leste 7,658
122Flag of Cape Verde.svg  Cape Verde 7,454
123Flag of Vietnam.svg  Vietnam 7,447
124Flag of Laos.svg  Laos 7,439
125Flag of Moldova.svg  Moldova 7,271
126Flag of Myanmar.svg  Myanmar 6,674
127Flag of Samoa.svg  Samoa 6,483
128Flag of Angola.svg  Angola 6,452
129Flag of Tonga.svg  Tonga 6,419
130Flag of Nigeria.svg  Nigeria 5,990
131Flag of the Republic of the Congo.svg  Congo, Republic of the 5,662
132Flag of Pakistan.svg  Pakistan 5,567
133Flag of Nicaragua.svg  Nicaragua 5,533
Flag of Palestine.svg  West Bank and Gaza 5,157
134Flag of Honduras.svg  Honduras 5,138
135Flag of Sudan.svg  Sudan 4,759
136Flag of Ghana.svg  Ghana 4,746
137Flag of Bangladesh.svg  Bangladesh 4,371
138Flag of Cambodia.svg  Cambodia 4,360
139Flag of Papua New Guinea.svg  Papua New Guinea 4,336
140Flag of Zambia.svg  Zambia 4,223
141Flag of Cote d'Ivoire.svg  Côte d'Ivoire 4,207
142Flag of Mauritania.svg  Mauritania 4,151
143Flag of Tuvalu.svg  Tuvalu 4,049
144Flag of the Marshall Islands.svg  Marshall Islands 3,989
145Flag of Kyrgyzstan.svg  Kyrgyzstan 3,884
146Flag of Cameroon.svg  Cameroon 3,785
147Flag of Senegal.svg  Senegal 3,782
148Flag of Federated States of Micronesia.svg  Micronesia, Federated States of 3,553
149Flag of Kenya.svg  Kenya 3,467
150Flag of Tajikistan.svg  Tajikistan 3,449
151Flag of Sao Tome and Principe.svg  São Tomé and Príncipe 3,418
152Flag of Tanzania.svg  Tanzania 3,227
153Flag of Vanuatu.svg  Vanuatu 3,221
154Flag of Lesotho.svg  Lesotho 3,219
155Flag of Nepal.svg    Nepal 3,089
156Flag of Zimbabwe.svg  Zimbabwe 3,029
157Flag of the Comoros.svg  Comoros 2,913
158Flag of The Gambia.svg  Gambia, The 2,612
159Flag of Yemen.svg  Yemen 2,575
160Flag of Guinea.svg  Guinea 2,504
161Flag of Benin.svg  Benin 2,424
162Flag of the Solomon Islands.svg  Solomon Islands 2,422
163Flag of Mali.svg  Mali 2,316
164Flag of Kiribati.svg  Kiribati 2,293
165Flag of Rwanda.svg  Rwanda 2,251
166Flag of Uganda.svg  Uganda 2,038
167Flag of Ethiopia.svg  Ethiopia 2,022
168Flag of Burkina Faso.svg  Burkina Faso 1,984
169Flag of Chad.svg  Chad 1,968
170Flag of Afghanistan.svg  Afghanistan 1,955
171Flag of Madagascar.svg  Madagascar 1,891
172Flag of Haiti.svg  Haiti 1,866
173Flag of Guinea-Bissau.svg  Guinea-Bissau 1,799
174Flag of Togo.svg  Togo 1,773
175Flag of Sierra Leone.svg  Sierra Leone 1,602
176Flag of Mozambique.svg  Mozambique 1,459
177Flag of Malawi.svg  Malawi 1,311
178Flag of Liberia.svg  Liberia 1,308
179Flag of Niger.svg  Niger 1,063
180Flag of the Democratic Republic of the Congo.svg  Congo, Democratic Republic of the 932
181Flag of the Central African Republic.svg  Central African Republic 859
182Flag of Burundi.svg  Burundi 744
RankCountry/TerritoryInt$Year
1Flag of Liechtenstein.svg  Liechtenstein 139,1002009 est.
2Flag of Qatar.svg  Qatar 124,9002017 est.
3Flag of Monaco.svg  Monaco 115,7002015 est.
Flag of Macau.svg  Macau 114,4002017 est.
4Flag of Luxembourg.svg  Luxembourg 109,1002017 est.
Flag of the Falkland Islands.svg  Falkland Islands 96,2002012 est.
5Flag of Singapore.svg  Singapore 90,5002017 est.
Flag of Bermuda.svg  Bermuda 85,7002013 est.
Flag of the Isle of Man.svg  Isle of Man 84,6002014 est.
6Flag of Brunei.svg  Brunei 76,7002017 est.
7Flag of Ireland.svg  Ireland 72,6002017 est.
8Flag of Norway.svg  Norway 70,6002017 est.
9Flag of Kuwait.svg  Kuwait 69,7002017 est.
10Flag of the United Arab Emirates.svg  United Arab Emirates 68,2002017 est.
Flag of Sint Maarten.svg  Sint Maarten 66,8002014 est.
Flag of Gibraltar.svg  Gibraltar 61,7002014 est.
11Flag of Switzerland.svg   Switzerland 61,4002017 est.
Flag of Hong Kong.svg  Hong Kong 61,0002017 est.
12Flag of San Marino.svg  San Marino 59,5002017 est.
13Flag of the United States.svg  United States 59,5002017 est.
14Flag of Saudi Arabia.svg  Saudi Arabia 55,3002017 est.
15Flag of the Netherlands.svg  Netherlands 53,6002017 est.
Flag of Guernsey.svg  Guernsey 52,5002014 est.
16Flag of Iceland.svg  Iceland 52,1002017 est.
17Flag of Bahrain.svg  Bahrain 51,8002017 est.
18Flag of Sweden.svg  Sweden 51,3002017 est.
19Flag of Germany.svg  Germany 50,2002017 est.
20Flag of Australia (converted).svg  Australia 49,9002017 est.
21Flag of Andorra.svg  Andorra 49,9002015 est.
Flag of the Republic of China.svg  Taiwan 49,8002017 est.
22Flag of Denmark.svg  Denmark 49,6002017 est.
Flag of Jersey.svg  Jersey 49,5002015 est.
23Flag of Austria.svg  Austria 49,2002017 est.
24Flag of Canada (Pantone).svg  Canada 48,1002017 est.
25Flag of Belgium (civil).svg  Belgium 46,3002017 est.
26Flag of Oman.svg  Oman 45,5002017 est.
27Flag of Finland.svg  Finland 44,0002017 est.
Flag of the Cayman Islands.svg  Cayman Islands 43,8002004 est.
28Flag of France.svg  France 43,6002017 est.
29Flag of the United Kingdom.svg  United Kingdom 43,6002017 est.
30Flag of Japan.svg  Japan 42,7002017 est.
31Flag of Malta.svg  Malta 42,5002017 est.
Flag of the British Virgin Islands.svg  British Virgin Islands 42,3002010 est.
Flag of Europe.svg  European Union 40,9002017 est.
Flag of the Faroe Islands.svg  Faroe Islands 40,0002014 est.
32Flag of South Korea.svg  Korea, South 39,4002017 est.
33Flag of New Zealand.svg  New Zealand 38,9002017 est.
34Flag of Spain.svg  Spain 38,3002017 est.
35Flag of Italy.svg  Italy 38,1002017 est.
Flag of Greenland.svg  Greenland 37,6002015 est.
Flag of Puerto Rico.svg  Puerto Rico 37,3002017 est.
36Flag of Cyprus.svg  Cyprus 36,6002017 est.
37Flag of Israel.svg  Israel 36,2002017 est.
Flag of the United States Virgin Islands.svg  U.S. Virgin Islands 36,1002013 est.
38Flag of the Czech Republic.svg  Czech Republic 35,2002017 est.
39Flag of Equatorial Guinea.svg  Equatorial Guinea 34,9002017 est.
Flag of France.svg  Saint Pierre and Miquelon 34,9002006 est.
40Flag of Slovenia.svg  Slovenia 34,1002017 est.
41Flag of Slovakia.svg  Slovakia 32,9002017 est.
42Flag of Lithuania.svg  Lithuania 31,9002017 est.
43Flag of Estonia.svg  Estonia 31,5002017 est.
44Flag of Trinidad and Tobago.svg  Trinidad and Tobago 31,2002017 est.
Flags of New Caledonia.svg  New Caledonia 31,1002015 est.
Flag of Guam.svg  Guam 30,5002013 est.
45Flag of Portugal.svg  Portugal 30,3002017 est.
46Flag of Poland.svg  Poland 29,3002017 est.
Flag of the Turks and Caicos Islands.svg  Turks and Caicos Islands 29,1002007 est.
47Flag of the Seychelles.svg  Seychelles 28,9002017 est.
48Flag of Hungary.svg  Hungary 28,9002017 est.
49Flag of Malaysia.svg  Malaysia 28,9002017 est.
50Flag of Russia.svg  Russia 27,9002017 est.
51Flag of Greece.svg  Greece 27,8002017 est.
52Flag of Latvia.svg  Latvia 27,3002017 est.
53Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis 26,8002017 est.
54Flag of Turkey.svg  Turkey 26,5002017 est.
55Flag of Antigua and Barbuda.svg  Antigua and Barbuda 26,3002017 est.
56Flag of Kazakhstan.svg  Kazakhstan 26,1002017 est.
Flag of Aruba.svg  Aruba 25,3002011 est.
57Flag of the Bahamas.svg  Bahamas, The 25,1002017 est.
58Flag of Chile.svg  Chile 24,6002017 est.
59Flag of Panama.svg  Panama 24,3002017 est.
60Flag of Croatia.svg  Croatia 24,1002017 est.
61Flag of Romania.svg  Romania 24,0002017 est.
62Flag of Uruguay.svg  Uruguay 22,4002017 est.
63Flag of Bulgaria.svg  Bulgaria 21,6002017 est.
64Flag of Mauritius.svg  Mauritius 21,6002017 est.
65Flag of Argentina.svg  Argentina 20,7002017 est.
66Flag of Iran.svg  Iran 20,0002017 est.
67Flag of Mexico.svg  Mexico 19,5002017 est.
68Flag of Lebanon.svg  Lebanon 19,5002017 est.
69Flag of Gabon.svg  Gabon 19,3002017 est.
Flag of France.svg  Saint Martin 19,3002005 est.
70Flag of Maldives.svg  Maldives 19,2002017 est.
71Flag of Turkmenistan.svg  Turkmenistan 18,7002017 est.
72Flag of Belarus.svg  Belarus 18,6002017 est.
73Flag of Botswana.svg  Botswana 18,1002017 est.
74Flag of Thailand.svg  Thailand 17,8002017 est.
75Flag of Barbados.svg  Barbados 17,5002017 est.
76Flag of Azerbaijan.svg  Azerbaijan 17,4002017 est.
77Flag of Montenegro.svg  Montenegro 17,4002017 est.
78Flag of Costa Rica.svg  Costa Rica 17,2002017 est.
79Flag of Iraq.svg  Iraq 17,0002017 est.
Flag of French Polynesia.svg  French Polynesia 17,0002015 est.
80Flag of the Dominican Republic.svg  Dominican Republic 17,0002017 est.
81Flag of Palau.svg  Palau 16,7002017 est.
82Flag of the People's Republic of China.svg  China 16,6002017 est.
83Flag of Brazil.svg  Brazil 15,5002017 est.
84Flag of Serbia.svg  Serbia 15,2002017 est.
85Flag of North Macedonia.svg  North Macedonia 15,2002017 est.
86Flag of Algeria.svg  Algeria 15,1002017 est.
Flag of Curacao.svg  Curaçao 15,0002004 est.
87Flag of Grenada.svg  Grenada 14,7002017 est.
88Flag of Colombia.svg  Colombia 14,5002017 est.
89Flag of Suriname.svg  Suriname 13,9002017 est.
90Flag of Saint Lucia.svg  Saint Lucia 13,5002017 est.
91Flag of South Africa.svg  South Africa 13,4002017 est.
Flag of the Northern Mariana Islands.svg  Northern Mariana Islands 13,3002013 est.
92Flag of Peru.svg  Peru 13,3002017 est.
93Flag of Egypt.svg  Egypt 13,0002017 est.
Flag of American Samoa.svg  American Samoa 13,0002013 est.
94Flag of Sri Lanka.svg  Sri Lanka 13,0002017 est.
95Flag of Mongolia.svg  Mongolia 12,6002017 est.
96Flag of Jordan.svg  Jordan 12,5002017 est.
97Flag of Albania.svg  Albania 12,5002017 est.
98Flag of Indonesia.svg  Indonesia 12,4002017 est.
99Flag of Venezuela.svg  Venezuela 12,4002017 est.
Flag of the Cook Islands.svg  Cook Islands 12,3002010 est.
100Flag of Nauru.svg  Nauru 12,2002017 est.
Flag of Anguilla.svg  Anguilla 12,2002008 est.
101Flag of Dominica.svg  Dominica 12,0002017 est.
102Flag of Tunisia.svg  Tunisia 12,0002017 est.
103Flag of Cuba.svg  Cuba 11,9002016 est.
104Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines 11,6002017 est.
105Flag of Namibia.svg  Namibia 11,5002017 est.
106Flag of Bosnia and Herzegovina.svg  Bosnia and Herzegovina 11,4002017 est.
107Flag of Ecuador.svg  Ecuador 11,2002017 est.
108Flag of Georgia.svg  Georgia 10,6002017 est.
Flag of Kosovo.svg  Kosovo 10,4002017 est.
109Flag of Fiji.svg  Fiji 9,9002017 est.
110Flag of Eswatini.svg  Eswatini 9,9002017 est.
111Flag of Paraguay.svg  Paraguay 9,8002017 est.
112Flag of Libya.svg  Libya 9,8002017 est.
113Flag of Jamaica.svg  Jamaica 9,2002017 est.
114Flag of Armenia.svg  Armenia 9,1002017 est.
115Flag of El Salvador.svg  El Salvador 8,9002017 est.
116Flag of Ukraine.svg  Ukraine 8,7002017 est.
117Flag of Bhutan.svg  Bhutan 8,7002017 est.
118Flag of Morocco.svg  Morocco 8,6002017 est.
Flag of Montserrat.svg  Montserrat 8,5002006 est.
119Flag of Guyana.svg  Guyana 8,3002017 est.
120Flag of Belize.svg  Belize 8,3002017 est.
121Flag of Guatemala.svg  Guatemala 8,2002017 est.
122Flag of the Philippines.svg  Philippines 8,2002017 est.
Flag of the United Kingdom.svg  Saint Helena, Ascension
and Tristan da Cunha
7,8002010 est.
123Flag of Bolivia.svg  Bolivia 7,5002017 est.
124Flag of Laos.svg  Laos 7,4002017 est.
125Flag of India.svg  India 7,2002017 est.
126Flag of Uzbekistan.svg  Uzbekistan 7,0002017 est.
127Flag of Vietnam.svg  Vietnam 6,9002017 est.
128Flag of Cape Verde.svg  Cape Verde 6,9002017 est.
129Flag of Angola.svg  Angola 6,8002017 est.
130Flag of the Republic of the Congo.svg  Congo, Republic of the 6,7002017 est.
131Flag of Myanmar.svg  Myanmar 6,3002017 est.
132Flag of Nigeria.svg  Nigeria 5,9002017 est.
133Flag of Nicaragua.svg  Nicaragua 5,8002015 est.
Flag of Niue.svg  Niue 5,8002003 est.
134Flag of Moldova.svg  Moldova 5,7002017 est.
135Flag of Samoa.svg  Samoa 5,7002017 est.
136Flag of Tonga.svg  Tonga 5,6002017 est.
137Flag of Honduras.svg  Honduras 5,5002017 est.
138Flag of Pakistan.svg  Pakistan 5,4002017 est.
139Flag of East Timor.svg  Timor-Leste 5,0002017 est.
140Flag of Ghana.svg  Ghana 4,6002017 est.
141Flag of Sudan.svg  Sudan 4,6002017 est.
142Flag of Mauritania.svg  Mauritania 4,5002017 est.
Flag of Palestine.svg  Palestine, State of 4,3002014 est.
143Flag of Bangladesh.svg  Bangladesh 4,2002017 est.
144Flag of Cambodia.svg  Cambodia 4,0002017 est.
145Flag of Zambia.svg  Zambia 4,0002017 est.
146Flag of Lesotho.svg  Lesotho 3,9002017 est.
147Flag of Cote d'Ivoire.svg  Côte d'Ivoire 3,9002017 est.
148Flag of Tuvalu.svg  Tuvalu 3,8002017 est.
149Flag of Papua New Guinea.svg  Papua New Guinea 3,8002017 est.
Flag of France.svg  Wallis and Futuna 3,8002004 est.
150Flag of Kyrgyzstan.svg  Kyrgyzstan 3,7002017 est.
151Flag of Djibouti.svg  Djibouti 3,6002017 est.
152Flag of Kenya.svg  Kenya 3,5002017 est.
153Flag of Cameroon.svg  Cameroon 3,4002017 est.
154Flag of the Marshall Islands.svg  Marshall Islands 3,4002017 est.
155Flag of Federated States of Micronesia.svg  Micronesia, Federated States of 3,4002017 est.
156Flag of Tanzania.svg  Tanzania 3,3002017 est.
157Flag of Sao Tome and Principe.svg  São Tomé and Príncipe 3,2002017 est.
158Flag of Tajikistan.svg  Tajikistan 3,1002017 est.
159Flag of Syria.svg  Syria 2,9002015 est.
160Flag of Vanuatu.svg  Vanuatu 2,8002017 est.
161Flag of Nepal.svg    Nepal 2,7002017 est.
162Flag of Senegal.svg  Senegal 2,7002017 est.
Flag of the Sahrawi Arab Democratic Republic.svg  Western Sahara 2,5002007 est.
163Flag of Chad.svg  Chad 2,4002017 est.
164Flag of Uganda.svg  Uganda 2,4002017 est.
165Flag of Zimbabwe.svg  Zimbabwe 2,3002017 est.
166Flag of Yemen.svg  Yemen 2,3002017 est.
167Flag of Mali.svg  Mali 2,2002017 est.
168Flag of Benin.svg  Benin 2,2002017 est.
169Flag of Rwanda.svg  Rwanda 2,1002017 est.
170Flag of Ethiopia.svg  Ethiopia 2,1002017 est.
171Flag of the Solomon Islands.svg  Solomon Islands 2,1002017 est.
172Flag of Guinea.svg  Guinea 2,0002017 est.
173Flag of Burkina Faso.svg  Burkina Faso 1,9002017 est.
174Flag of Kiribati.svg  Kiribati 1,9002017 est.
175Flag of Afghanistan.svg  Afghanistan 1,9002017 est.
176Flag of Sierra Leone.svg  Sierra Leone 1,8002017 est.
177Flag of Guinea-Bissau.svg  Guinea-Bissau 1,8002017 est.
178Flag of Haiti.svg  Haiti 1,8002017 est.
179Flag of North Korea.svg  Korea, North 1,7002015 est.
180Flag of The Gambia.svg  Gambia, The 1,7002017 est.
181Flag of Togo.svg  Togo 1,6002017 est.
182Flag of Madagascar.svg  Madagascar 1,6002017 est.
183Flag of the Comoros.svg  Comoros 1,6002017 est.
184Flag of South Sudan.svg  South Sudan 1,5002017 est.
185Flag of Eritrea.svg  Eritrea 1,4002017 est.
186Flag of Mozambique.svg  Mozambique 1,3002017 est.
187Flag of Niger.svg  Niger 1,2002017 est.
188Flag of Malawi.svg  Malawi 1,2002017 est.
Flag of Tokelau.svg  Tokelau 1,0001993 est.
189Flag of Liberia.svg  Liberia 9002017 est.
190Flag of the Democratic Republic of the Congo.svg  Congo, Democratic Republic of the 8002017 est.
191Flag of Burundi.svg  Burundi 8002017 est.
192Flag of the Central African Republic.svg  Central African Republic 7002017 est.
193Flag of Somalia.svg  Somalia N/A2017 est.

Distorted GDP-per-capita for tax havens

There are many natural economic reasons for GDP-per-capita to vary between jurisdictions (e.g. places rich in Oil & Gas reserves tend to have high GDP-per-capita figures). However, it is increasingly being recognized that tax havens, or corporate tax havens, have distorted economic data which produces artificially high, or inflated, GDP-per-capita figures. [8] It is estimated that over 15% of global jurisdictions are tax havens (see tax haven lists). [9] An IMF investigation estimates that circa 40% of global FDI flows, which heavily influence the GDP of various jurisdictions, are described as "phantom" transactions. [10]

A stunning $12 trillion—almost 40 percent of all foreign direct investment positions globally—is completely artificial: it consists of financial investment passing through empty corporate shells with no real activity. These investments in empty corporate shells almost always pass through well-known tax havens. The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.

"Piercing the Veil", International Monetary Fund, June 2018 [10]

In 2017, Ireland's economic data became so distorted by U.S. multinational tax avoidance strategies (see leprechaun economics), also known as BEPS actions, that Ireland effectively abandoned GDP (and GNP) statistics as credible measures of its economy, and created a replacement statistic called modified gross national income (or GNI*). Ireland is one of the world's largest corporate tax havens.

Ireland has, more or less, stopped using GDP to measure its own economy. And on current trends [because Irish GDP is distorting EU-28 aggregate data], the eurozone taken as a whole may need to consider something similar.

Brad Setser, Council on Foreign Relations, "Ireland exports its Leprechaun", 25 April 2018 [11]

The statistical distortions created by the impact on the Irish National Accounts of the global assets and activities of a handful of large multinational corporations have now become so large as to make a mockery of conventional uses of Irish GDP.

Patrick Honohan, ex-Governor of the Central Bank of Ireland, 13 July 2016 [12]

A list of the top 15 GDP-per-capita countries from 2016-2017, contains most of the major global tax havens (see GDP-per-capita tax haven proxy for more detail):

International Monetary Fund (2017) World Bank (2016) [5] [6]
RankCountry/TerritoryType
1Flag of Qatar.svg  Qatar Oil & Gas
Flag of Macau.svg  Macau Tax haven (Sink OFC)
2Flag of Luxembourg.svg  Luxembourg Top 10 Tax haven (Sink OFC)
3Flag of Singapore.svg  Singapore Top 10 Tax haven (Conduit OFC)
4Flag of Brunei.svg  Brunei Oil & Gas
5Flag of Ireland.svg  Ireland Top 10 Tax haven (Conduit OFC)
6Flag of Norway.svg  Norway Oil & Gas
7Flag of Kuwait.svg  Kuwait Oil & Gas
8Flag of the United Arab Emirates.svg  United Arab Emirates Oil & Gas
9Flag of Switzerland.svg   Switzerland Top 10 Tax Haven (Conduit OFC)
Flag of Hong Kong.svg  Hong Kong Top 10 Tax Haven (Sink OFC)
10Flag of San Marino.svg  San Marino Tax haven (Sink OFC)
11Flag of the United States.svg  United States 59,495
12Flag of Saudi Arabia.svg  Saudi Arabia Oil & Gas
13Flag of the Netherlands.svg  Netherlands Top 10 Tax Haven (Conduit OFC)
14Flag of Iceland.svg  Iceland 52,150
15Flag of Bahrain.svg  Bahrain Oil & Gas
RankCountry/TerritoryType
1Flag of Qatar.svg  Qatar Oil & Gas
2Flag of Luxembourg.svg  Luxembourg Top 10 Tax haven (Sink OFC)
Flag of Macau.svg  Macau Tax haven (Sink OFC)
3Flag of Singapore.svg  Singapore Top 10 Tax haven (Conduit OFC)
4Flag of Brunei.svg  Brunei Oil & Gas
5Flag of the United Arab Emirates.svg  United Arab Emirates Oil & Gas
6Flag of Ireland.svg  Ireland Top 10 Tax haven (Conduit OFC)
7Flag of Switzerland.svg   Switzerland Top 10 Tax haven (Conduit OFC)
8Flag of Norway.svg  Norway Oil & Gas
Flag of Hong Kong.svg  Hong Kong Top 10 Tax haven (Sink OFC)
9Flag of the United States.svg  United States 57,467
10Flag of Saudi Arabia.svg  Saudi Arabia Oil & Gas
11Flag of Iceland.svg  Iceland 51,399
12Flag of the Netherlands.svg  Netherlands Top 10 Tax haven (Conduit OFC)
13Flag of Austria.svg  Austria 50,078
14Flag of Denmark.svg  Denmark 49,496
15Flag of Sweden.svg  Sweden 49,175

See also

Notes

  1. Calculated by dividing total world GDP according to IMF by total world population based on 2017 projection published by the United Nations.

References

  1. "World GDP – per capita (PPP) – Economy". www.indexmundi.com.
  2. "Sarkozy attacks focus on economic growth (French president urges more emphasis on quality of life)", The Guardian, 14-09-2009.
  3. "Alternative progress indicators to Gross Domestic Product (GDP) as a means towards sustainable development"
  4. World Economic Outlook Database, April 2019, International Monetary Fund. Database updated in April 2019. Accessed on 12 April 2019.
  5. 1 2 "PPP (current international $)". data.worldbank.org. World Bank. Retrieved 7 January 2020.
  6. 1 2 "World Bank, International Comparison Program database" . Retrieved 10 April 2018.
  7. GDP – per capita (PPP), The World Factbook, Central Intelligence Agency. Accessed on 7 March 2014.
  8. "How tax havens turn economic statistics into nonsense". Quartz. 11 June 2018.
  9. Dharmapala, Dhammika; Hines, James R., Jr. (2009). "Which Countries Become Tax Havens?" (PDF). Journal of Public Economics . 93 (9–10): 1058–1068. doi:10.1016/j.jpubeco.2009.07.005. The paper implicitly adopts the "smaller" tax haven approach, i.e., disregarding larger countries which have either low taxes rates (for example, Russia), or systems of taxation which permit them to be used to structure tax avoidance schemes (for example, the United Kingdom). It also excludes non-sovereign tax havens (for example, Delaware or Labuan).
  10. 1 2 "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. 55, NO. 2". IMF Finance & Development. June 2018.
  11. "Ireland Exports its Leprechaun". Council on Foreign Relations. 11 May 2018.
  12. "The Irish National Accounts: Towards some do's and don'ts". irisheconomy.ie. 13 July 2016.