Source | International Monetary Fund World Economic Outlook (April - 2024) |
Date | 14 May 2024 |
As of 2024, Luxembourg would stay at the top of the GDP per capita ranking in nominal and PPP terms. Luxembourg would remain in the top spot of the nominal ranking for the next few years, as it is ahead of 2nd-ranked occupier Ireland by a huge margin of $25,326. Regarding ppp per capita, Luxembourg is ahead of 2nd-ranked occupier Ireland by a good margin of Int. $9,602.
In the nominal ranking, there would be only one change in the top 20 list as Belgium would overtake Finland. Among the top 50, Guyana's rank would move up by 10 positions, followed by Taiwan (+5) and Slovenia (+3). Japan and Kuwait will move down by 4 positions.
In the PPP ranking, Macao SAR will overtake Ireland and Singapore to become the 2nd richest economy in the world. Among the top 50, Guyana will climb 19 spots. Kuwait will lose four spots.
Among the top 10 richest economies, Macao SAR has the fastest-growing economy with 13.94%. Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of -33.90%. Three economies will experience a negative growth rate in 2024. Kuwait has the lowest growth rate of -1.44%, followed by Estonia (-0.53%).
GDP per capita ranking has been occupied by smaller economies, as among the top 10 list, only two economies (the United States and Switzerland) are in the top 20 list of gdp (nominal) ranking and only three economies (the United States, UAE, and Switzerland) are in the top 40 lists of ppp ranking.
Code | Country/Economy | GDP per capita (Nominal) ($) | Growth (%) | GDP (Nominal) ($) | Continent | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2023 | Rank | 2024 | Rank | % world | diff | 2024 | 2024 | Rank | |||
LUX | Luxembourg | 129,810 | 1 | 131,384 | 1 | 1,070 | - | 1.26 | 88.56 | 74 | Europe |
IRL | Ireland | 104,272 | 2 | 106,059 | 2 | 863 | 25,326 | 1.47 | 564.0 | 26 | Europe |
CHE | Switzerland | 100,413 | 3 | 105,669 | 3 | 860 | 390 | 1.34 | 938.5 | 20 | Europe |
NOR | Norway | 87,739 | 4 | 94,660 | 4 | 771 | 11,009 | 1.53 | 527.0 | 31 | Europe |
SGP | Singapore | 84,734 | 5 | 88,447 | 5 | 720 | 6,213 | 2.10 | 525.2 | 32 | Asia |
USA | United States | 81,632 | 6 | 85,373 | 6 | 695 | 3,074 | 2.73 | 28,781 | 1 | North America |
ISL | Iceland | 79,998 | 7 | 84,594 | 7 | 689 | 779 | 1.74 | 33.34 | 108 | Europe |
QAT | Qatar | 78,696 | 8 | 81,400 | 8 | 663 | 3,194 | 1.99 | 244.7 | 56 | Asia |
MAC | Macao SAR | 69,080 | 9 | 78,962 | 9 | 643 | 2,437 | 13.94 | 54.68 | 92 | Asia |
DNK | Denmark | 68,300 | 10 | 68,898 | 10 | 561 | 10,065 | 2.13 | 410.0 | 38 | Europe |
AUS | Australia | 65,434 | 11 | 66,589 | 11 | 542 | 2,308 | 1.46 | 1,790 | 13 | Oceania |
NLD | Netherlands | 62,719 | 12 | 63,750 | 12 | 519 | 2,839 | 0.63 | 1,143 | 17 | Europe |
SMR | San Marino | 57,259 | 13 | 59,405 | 13 | 484 | 4,345 | 1.30 | 2.034 | 178 | Europe |
AUT | Austria | 57,081 | 14 | 59,225 | 14 | 482 | 180 | 0.44 | 540.9 | 28 | Europe |
SWE | Sweden | 56,225 | 15 | 58,529 | 15 | 476 | 697 | 0.22 | 623.0 | 24 | Europe |
BEL | Belgium | 53,659 | 17 | 55,536 | 16 | 452 | 2,992 | 1.16 | 655.2 | 23 | Europe |
FIN | Finland | 54,008 | 16 | 55,127 | 17 | 449 | 409 | 0.42 | 308.1 | 47 | Europe |
CAN | Canada | 53,548 | 18 | 54,866 | 18 | 447 | 261 | 1.15 | 2,242 | 10 | North America |
DEU | Germany | 52,727 | 19 | 54,291 | 19 | 442 | 575 | 0.15 | 4,591 | 3 | Europe |
ARE | United Arab Emirates | 51,909 | 21 | 53,916 | 20 | 439 | 375 | 3.52 | 527.8 | 30 | Asia |
HKG | Hong Kong SAR | 50,030 | 22 | 53,606 | 21 | 436 | 310 | 2.88 | 406.8 | 39 | Asia |
ISR | Israel | 52,219 | 20 | 53,372 | 22 | 434 | 235 | 1.61 | 530.7 | 29 | Asia |
GBR | United Kingdom | 49,099 | 23 | 51,075 | 23 | 416 | 2,297 | 0.46 | 3,495 | 6 | Europe |
NZL | New Zealand | 47,537 | 24 | 48,531 | 24 | 395 | 2,544 | 1.05 | 257.6 | 53 | Oceania |
FRA | France | 46,001 | 25 | 47,359 | 25 | 386 | 1,172 | 0.74 | 3,130 | 7 | Europe |
AND | Andorra | 43,785 | 26 | 44,900 | 26 | 366 | 2,459 | 1.80 | 3.897 | 165 | Europe |
MLT | Malta | 38,674 | 27 | 41,738 | 27 | 340 | 3,162 | 5.04 | 22.74 | 120 | Europe |
ITA | Italy | 38,326 | 28 | 39,580 | 28 | 322 | 2,159 | 0.71 | 2,328 | 9 | Europe |
ABW | Aruba | 36,746 | 29 | 38,018 | 29 | 309 | 1,561 | 1.10 | 4.069 | 164 | North America |
PRI | Puerto Rico | 36,369 | 30 | 37,172 | 30 | 303 | 847 | -0.20 | 117.8 | 65 | North America |
CYP | Cyprus | 34,957 | 31 | 37,149 | 31 | 302 | 23.1 | 2.69 | 34.22 | 107 | Europe |
BHS | The Bahamas | 34,224 | 33 | 35,257 | 32 | 287 | 1,891 | 2.30 | 14.39 | 142 | North America |
BRN | Brunei Darussalam | 34,248 | 32 | 35,111 | 33 | 286 | 146 | 2.39 | 15.51 | 139 | Asia |
TWN | Taiwan Province of China | 32,444 | 39 | 34,432 | 34 | 280 | 679 | 3.07 | 803.0 | 22 | Asia |
KOR | Korea | 33,192 | 35 | 34,165 | 35 | 278 | 267 | 2.32 | 1,761 | 14 | Asia |
ESP | Spain | 33,071 | 36 | 34,045 | 36 | 277 | 120 | 1.90 | 1,647 | 15 | Europe |
SVN | Slovenia | 32,233 | 40 | 34,026 | 37 | 277 | 18.7 | 2.01 | 72.10 | 86 | Europe |
JPN | Japan | 33,806 | 34 | 33,138 | 38 | 270 | 888 | 0.86 | 4,110 | 4 | Asia |
SAU | Saudi Arabia | 32,530 | 38 | 33,040 | 39 | 269 | 98.2 | 2.55 | 1,106 | 19 | Asia |
EST | Estonia | 29,839 | 42 | 31,855 | 40 | 259 | 1,185 | -0.53 | 43.49 | 102 | Europe |
KWT | Kuwait | 32,638 | 37 | 31,724 | 41 | 258 | 131 | -1.44 | 160.4 | 60 | Asia |
CZE | Czech Republic | 30,600 | 41 | 29,801 | 42 | 243 | 1,923 | 0.66 | 325.9 | 46 | Europe |
PRT | Portugal | 27,880 | 44 | 28,969 | 43 | 236 | 831 | 1.73 | 298.9 | 48 | Europe |
BHR | Bahrain | 28,262 | 43 | 28,876 | 44 | 235 | 92.8 | 3.57 | 46.79 | 97 | Asia |
LTU | Lithuania | 27,026 | 45 | 28,407 | 45 | 231 | 469 | 2.21 | 81.17 | 81 | Europe |
GUY | Guyana | 21,472 | 56 | 26,592 | 46 | 216 | 1,815 | 33.90 | 21.18 | 126 | South America |
SVK | Slovak Republic | 24,337 | 46 | 25,935 | 47 | 211 | 657 | 2.08 | 140.8 | 62 | Europe |
LVA | Latvia | 23,153 | 47 | 24,194 | 48 | 197 | 1,741 | 1.66 | 45.47 | 99 | Europe |
GRC | Greece | 22,805 | 48 | 23,966 | 49 | 195 | 228 | 2.04 | 250.3 | 55 | Europe |
KNA | St. Kitts and Nevis | 22,366 | 49 | 23,705 | 50 | 193 | 261 | 4.73 | 1.134 | 184 | North America |
World | 12,740 | 13,171 | 3.18 | 109,529 |
Code | Country/Economy | GDP (PPP) per capita (Int. $) | Growth (%) | GDP (PPP) (Int. $) | Continent | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2023 | Rank | 2024 | Rank | % world | diff | 2024 | 2024 | Rank | |||
LUX | Luxembourg | 141,380 | 1 | 143,743 | 1 | 768 | - | 1.26 | 96.89 | 100 | Europe |
MAC | Macao SAR | 116,847 | 4 | 134,141 | 2 | 717 | 9,602 | 13.94 | 92.89 | 102 | Asia |
IRL | Ireland | 130,915 | 2 | 133,895 | 3 | 715 | 246 | 1.47 | 712.1 | 41 | Europe |
SGP | Singapore | 128,349 | 3 | 133,737 | 4 | 715 | 158 | 2.10 | 794.2 | 38 | Asia |
QAT | Qatar | 108,570 | 5 | 112,283 | 5 | 600 | 21,455 | 1.99 | 337.5 | 61 | Asia |
ARE | United Arab Emirates | 92,074 | 6 | 96,846 | 6 | 517 | 15,437 | 3.52 | 948.0 | 34 | Asia |
CHE | Switzerland | 89,243 | 7 | 91,932 | 7 | 491 | 4,914 | 1.34 | 816.5 | 36 | Europe |
SMR | San Marino | 84,107 | 8 | 86,989 | 8 | 465 | 4,943 | 1.30 | 2.978 | 179 | Europe |
USA | United States | 81,632 | 9 | 85,373 | 9 | 456 | 1,616 | 2.73 | 28,781 | 2 | North America |
NOR | Norway | 80,144 | 10 | 82,832 | 10 | 443 | 2,541 | 1.53 | 461.1 | 53 | Europe |
GUY | Guyana | 58,617 | 29 | 80,137 | 11 | 428 | 2,694 | 33.90 | 63.82 | 116 | South America |
DNK | Denmark | 74,457 | 11 | 77,641 | 12 | 415 | 2,496 | 2.13 | 462.0 | 52 | Europe |
BRN | Brunei Darussalam | 73,945 | 12 | 77,534 | 13 | 414 | 107 | 2.39 | 34.25 | 144 | Asia |
TWN | Taiwan Province of China | 72,812 | 13 | 76,858 | 14 | 411 | 676 | 3.07 | 1,792 | 21 | Asia |
HKG | Hong Kong SAR | 71,810 | 16 | 75,128 | 15 | 401 | 1,731 | 2.88 | 570.1 | 45 | Asia |
NLD | Netherlands | 72,403 | 14 | 74,158 | 16 | 396 | 970 | 0.63 | 1,329 | 29 | Europe |
ISL | Iceland | 71,969 | 15 | 73,784 | 17 | 394 | 374 | 1.74 | 29.08 | 150 | Europe |
SAU | Saudi Arabia | 68,305 | 17 | 70,333 | 18 | 376 | 3,451 | 2.55 | 2,354 | 17 | Asia |
AUT | Austria | 67,738 | 19 | 69,460 | 19 | 371 | 872 | 0.44 | 634.4 | 43 | Europe |
SWE | Sweden | 68,000 | 18 | 69,177 | 20 | 370 | 284 | 0.22 | 736.4 | 40 | Europe |
AND | Andorra | 67,638 | 20 | 69,146 | 21 | 369 | 30.5 | 1.80 | 6.001 | 170 | Europe |
BEL | Belgium | 66,021 | 21 | 68,079 | 22 | 364 | 1,067 | 1.16 | 803.2 | 37 | Europe |
MLT | Malta | 63,230 | 24 | 67,682 | 23 | 362 | 397 | 5.04 | 36.87 | 142 | Europe |
DEU | Germany | 65,584 | 22 | 67,245 | 24 | 359 | 437 | 0.15 | 5,687 | 5 | Europe |
AUS | Australia | 64,762 | 23 | 66,627 | 25 | 356 | 618 | 1.46 | 1,791 | 22 | Oceania |
BHR | Bahrain | 60,569 | 25 | 62,671 | 26 | 335 | 3,955 | 3.57 | 101.5 | 99 | Asia |
FIN | Finland | 59,425 | 27 | 60,851 | 27 | 325 | 1,820 | 0.42 | 340.0 | 60 | Europe |
CAN | Canada | 59,712 | 26 | 60,495 | 28 | 323 | 356 | 1.15 | 2,472 | 16 | North America |
FRA | France | 58,647 | 28 | 60,339 | 29 | 322 | 156 | 0.74 | 3,988 | 10 | Europe |
KOR | Korea | 56,552 | 31 | 59,330 | 30 | 317 | 1,009 | 2.32 | 3,058 | 14 | Asia |
GBR | United Kingdom | 57,492 | 30 | 58,880 | 31 | 315 | 449 | 0.46 | 4,029 | 9 | Europe |
CYP | Cyprus | 55,877 | 32 | 58,733 | 32 | 314 | 148 | 2.69 | 54.10 | 126 | Europe |
ITA | Italy | 55,144 | 33 | 56,905 | 33 | 304 | 1,828 | 0.71 | 3,347 | 13 | Europe |
ISR | Israel | 54,385 | 34 | 55,533 | 34 | 297 | 1,373 | 1.61 | 552.2 | 47 | Asia |
ABW | Aruba | 52,796 | 36 | 54,716 | 35 | 292 | 817 | 1.10 | 5.857 | 173 | North America |
JPN | Japan | 52,215 | 38 | 54,184 | 36 | 290 | 532 | 0.86 | 6,721 | 4 | Asia |
NZL | New Zealand | 52,677 | 37 | 53,797 | 37 | 287 | 387 | 1.05 | 285.6 | 64 | Oceania |
SVN | Slovenia | 51,055 | 39 | 53,287 | 38 | 285 | 511 | 2.01 | 112.9 | 97 | Europe |
KWT | Kuwait | 52,823 | 35 | 52,274 | 39 | 279 | 1,012 | -1.44 | 264.3 | 68 | Asia |
ESP | Spain | 50,436 | 40 | 52,012 | 40 | 278 | 262 | 1.90 | 2,516 | 15 | Europe |
LTU | Lithuania | 47,906 | 42 | 50,600 | 41 | 270 | 1,412 | 2.21 | 144.6 | 89 | Europe |
CZE | Czech Republic | 49,347 | 41 | 50,475 | 42 | 270 | 125 | 0.66 | 552.0 | 48 | Europe |
POL | Poland | 46,412 | 43 | 49,060 | 43 | 262 | 1,415 | 3.07 | 1,801 | 20 | Europe |
PRT | Portugal | 45,224 | 44 | 47,070 | 44 | 252 | 1,990 | 1.73 | 485.7 | 51 | Europe |
BHS | The Bahamas | 44,896 | 45 | 46,524 | 45 | 249 | 546 | 2.30 | 18.99 | 152 | North America |
HRV | Croatia | 43,233 | 48 | 45,702 | 46 | 244 | 822 | 3.00 | 175.3 | 82 | Europe |
HUN | Hungary | 43,567 | 47 | 45,692 | 47 | 244 | 10.8 | 2.20 | 437.8 | 54 | Europe |
EST | Estonia | 44,269 | 46 | 45,122 | 48 | 241 | 569 | -0.53 | 61.60 | 118 | Europe |
PAN | Panama | 43,218 | 49 | 44,797 | 49 | 239 | 326 | 2.50 | 202.0 | 78 | North America |
SVK | Slovak Republic | 42,170 | 50 | 44,081 | 50 | 236 | 716 | 2.08 | 239.3 | 71 | Europe |
World | 20,849 | 22,038 | 3.18 | 185,677 |