Gross World Product per capita

SourceWorld Bank Nominal (current), Nominal (constant), PPP (current), PPP (constant)
Date15 Dec 2024

Gross world product per capita is obtained by adding the GDP of each of the countries and dividing the total GDP by the combined population of these countries.

GDP per capita of the World, comprising 194 economies, in 2024 is projected to be around $13,842 in nominal terms, obtained by data from the IMF. This figure is almost $435 more than compared to $13,407 in 2023. Global GDP per capita in terms of PPP is forecast to be around Int. $24,469, Int. $1,095 up compared to Int. $23,374 in 2023. Per capita income in PPP, which gives better living standard estimates, is 177% of the nominal.

During three years, global per capita income grew by over 4%, with the highest growth rate of 5.35 percent in 2021. Global GDP per capita contracted for six years, with the lowest of -3.91% in 2020.

In constant 2021 prices in PPP terms, which gives the best idea about improvement in living standards over the years, people of the world have become richer by 83% from Int. $11,271 in 1990 to Int. $20,661 in 2023, as estimated by the World Bank, comprising more than 200 economies. In the nominal method at 2015 prices, humans have become richer by 217% since 1960.

Nominal: The year 2021 was the best year at current and constant prices. The years 2015 and 2020 were the worst years at current and constant prices, respectively.

PPP: The year 2021 was the best year for the world when its figure had improved by Int. $1,025 at constant 2021 prices, next year of the worst 2020 when it had declined Int. $752. At current prices, 2021 and 2020 were the best and worst years, respectively.

  • Nominal per capita
  • PPP per capita
  • Growth (%)

Obtained by IMF's Projections

Year GDP per capita ($/Int. $)
NominalPPP
202313,40723,374
202413,84224,469
202514,40125,496
202615,00226,586
202715,59627,690
202816,22228,829
202916,85430,017

Estimates by World Bank

Year GDP per capita Nominal ($) GDP per capita PPP (Int. $) Growth (%)
CurrentConstant (2015) CurrentConstant (2017)
19604503,650---
19614683,744--2.584
19624933,875--3.486
19635213,985--2.829
19645614,160--4.393
19655984,303--3.446
19666344,443--3.258
19676614,516--1.645
19687004,687--3.778
19697574,865--3.797
19708134,943--1.609
19718805,050--2.156
19729975,229--3.557
19731,1895,456--4.334
19741,3415,455---0.021
19751,4725,384---1.305
19761,5715,564--3.359
19771,7455,688--2.224
19782,0285,819--2.294
19792,3175,957--2.370
19802,5705,964--0.125
19812,6095,973--0.155
19822,5315,884---1.486
19832,5555,931--0.787
19842,6116,101--2.879
19852,6856,219--1.919
19863,1106,315--1.552
19873,4806,435--1.902
19883,8236,613--2.769
19893,9066,742--1.939
19904,3116,8095,58811,2711.002
19914,4266,7805,78111,185-0.421
19924,6566,8075,94711,1460.385
19934,6726,8226,10411,1340.229
19944,9526,9426,33411,2541.760
19955,4387,0506,58911,4271.560
19965,4827,1966,87711,6742.063
19975,3857,3727,17011,9572.441
19985,3017,4767,30812,0851.415
19995,3997,6367,56312,3452.139
20005,5077,8758,02012,7633.136
20015,4017,9298,29712,8970.681
20025,5358,0068,58313,0750.976
20036,1278,1508,95313,3831.792
20046,8178,4079,55613,8923.154
20057,2898,63410,16614,3422.708
20067,7998,90610,99514,8963.146
20078,6819,18211,75915,4773.093
20089,4209,25512,29815,7100.804
20098,8189,01812,24515,404-2.562
20109,5439,31312,89415,9933.265
201110,4859,50813,58016,4202.095
201210,5879,64614,12316,7271.452
201310,7559,80214,64717,0581.616
201410,9199,98715,03517,4271.886
201510,17810,17815,19617,7931.915
201610,22410,34415,65018,1591.630
201710,76310,58016,32618,6362.284
201811,31510,80817,19419,1042.153
201911,35810,97718,01019,4511.561
202010,94210,54817,77218,699-3.907
202112,36211,11219,72019,7245.348
202212,73011,36521,65620,2152.278
202313,13811,56723,01020,6611.780