Source | IMF World Economic Outlook (April-2024) |
Date | 11 Sep 2024 |
Singapore is the richest economy in Asia, followed by Qatar. Six economies have a GDP per capita above 50,000 US dollars. Twenty-one economies would have a per capita GDP above $10,000. Afghanistan has the poorest economy in Asia. Two Asian economies have a GDP per capita below $1000.
In 2024, the United Arab Emirates and Hong Kong will overtake Israel. The rank of Taiwan will move up from 13th to 9th. Three economies are in the top ten richest economies in the world, and fourteen economies are within the top 50 world GDP per capita rankings.
Out of 49 economies, gdp (nominal) per capita of 40 economies would increase, and 9 economies would decrease in 2024 compared to 2023. Macao SAR will add $9,883 in 2024, followed by Singapore ($3,713) and Hong Kong ($3,577). Kuwait, Oman, and Japan are the top decliners.
In PPP data, three economies have a GDP per capita above 100k Int. Dollars. Fourteen economies would have a per capita GDP above Int. $50,000. Macao SAR will dethrone Singapore at the top spot. Four Asian economies are in the top ten richest economies globally, and fourteen economies are within the top 50 world GDP per capita rankings.
Out of 49 economies, the GDP (PPP) per capita of 44 would increase, and five economies would decrease in 2024 compared to 2023. Macao SAR will add Int. $17,294 in 2024, followed by Singapore (Int. $5,388) and United Arab Emirates (Int. $4,772). 'West Bank and Gaza' and Kuwait are the top decliners.
Code | Country/Economy | GDP per capita ($) | % of | Rank | ||||
---|---|---|---|---|---|---|---|---|
2023 | 2024 | Change | Asia | World | Asia | World | ||
PSE | West Bank and Gaza | 3,396 | 3,004 | -392 | 35 | 24.5 | 36 | 139 |
LKA | Sri Lanka | 3,153 | 3,190 | 37 | 37 | 26.0 | 35 | 137 |
LBN | Lebanon | 3,268 | 3,508 | 240 | 41 | 28.6 | 34 | 134 |
AFG | Afghanistan | 372 | 335 | -37 | 4 | 2.73 | 49 | 194 |
ARM | Armenia | 8,153 | 8,575 | 422 | 101 | 69.8 | 23 | 88 |
AZE | Azerbaijan | 7,525 | 7,641 | 115 | 90 | 62.2 | 25 | 94 |
BHR | Bahrain | 28,262 | 28,876 | 614 | 338 | 235 | 14 | 44 |
BGD | Bangladesh | 2,621 | 2,646 | 25 | 31 | 21.5 | 39 | 144 |
BTN | Bhutan | 3,776 | 4,014 | 238 | 47 | 32.7 | 33 | 130 |
BRN | Brunei Darussalam | 34,248 | 35,111 | 863 | 412 | 286 | 8 | 33 |
KHM | Cambodia | 2,460 | 2,628 | 167 | 31 | 21.4 | 40 | 145 |
CHN | China | 12,514 | 13,136 | 623 | 154 | 107 | 19 | 72 |
CYP | Cyprus | 34,957 | 37,149 | 2,192 | 435 | 302 | 7 | 31 |
GEO | Georgia | 8,173 | 8,825 | 653 | 103 | 71.8 | 22 | 87 |
HKG | Hong Kong SAR | 50,030 | 53,606 | 3,577 | 628 | 436 | 5 | 21 |
IND | India | 2,500 | 2,731 | 230 | 32 | 22.2 | 37 | 141 |
IDN | Indonesia | 4,942 | 5,271 | 329 | 62 | 42.9 | 29 | 118 |
IRN | Islamic Republic of Iran | 4,663 | 5,310 | 648 | 62 | 43.2 | 28 | 117 |
IRQ | Iraq | 5,870 | 5,979 | 109 | 70 | 48.7 | 27 | 110 |
ISR | Israel | 52,219 | 53,372 | 1,152 | 626 | 434 | 6 | 22 |
JPN | Japan | 33,806 | 33,138 | -668 | 388 | 270 | 11 | 38 |
JOR | Jordan | 4,498 | 4,705 | 208 | 55 | 38.3 | 30 | 122 |
KAZ | Kazakhstan | 13,117 | 14,778 | 1,662 | 173 | 120 | 17 | 68 |
KOR | Korea | 33,192 | 34,165 | 973 | 400 | 278 | 10 | 35 |
KWT | Kuwait | 32,638 | 31,724 | -914 | 372 | 258 | 13 | 41 |
KGZ | Kyrgyz Republic | 1,843 | 1,922 | 78 | 23 | 15.6 | 42 | 157 |
LAO | Lao P.D.R. | 2,004 | 1,976 | -28 | 23 | 16.1 | 41 | 155 |
MAC | Macao SAR | 69,080 | 78,962 | 9,883 | 925 | 643 | 3 | 9 |
MYS | Malaysia | 12,570 | 13,315 | 744 | 156 | 108 | 18 | 71 |
MDV | Maldives | 16,823 | 17,818 | 995 | 209 | 145 | 16 | 63 |
MNG | Mongolia | 5,668 | 6,182 | 514 | 72 | 50.3 | 26 | 107 |
MMR | Myanmar | 1,190 | 1,248 | 58 | 15 | 10.2 | 47 | 169 |
NPL | Nepal | 1,320 | 1,397 | 77 | 16 | 11.4 | 45 | 166 |
OMN | Oman | 21,623 | 20,913 | -710 | 245 | 170 | 15 | 57 |
PHL | Philippines | 3,868 | 4,130 | 263 | 48 | 33.6 | 32 | 128 |
QAT | Qatar | 78,696 | 81,400 | 2,703 | 954 | 663 | 2 | 8 |
SAU | Saudi Arabia | 32,530 | 33,040 | 510 | 387 | 269 | 12 | 39 |
SGP | Singapore | 84,734 | 88,447 | 3,713 | 1,037 | 720 | 1 | 5 |
TWN | Taiwan Province of China | 32,444 | 34,432 | 1,988 | 404 | 280 | 9 | 34 |
TJK | Tajikistan | 1,184 | 1,271 | 87 | 15 | 10.3 | 46 | 168 |
THA | Thailand | 7,337 | 7,812 | 474 | 92 | 63.6 | 24 | 92 |
TLS | Timor-Leste | 1,731 | 1,454 | -277 | 17 | 11.8 | 44 | 164 |
TUR | Türkiye | 12,849 | 12,765 | -84 | 150 | 104 | 20 | 75 |
TKM | Turkmenistan | 11,833 | 12,412 | 579 | 145 | 101 | 21 | 77 |
ARE | United Arab Emirates | 51,909 | 53,916 | 2,007 | 632 | 439 | 4 | 20 |
UZB | Uzbekistan | 2,523 | 2,666 | 143 | 31 | 21.7 | 38 | 143 |
VNM | Vietnam | 4,324 | 4,623 | 298 | 54 | 37.6 | 31 | 124 |
YEM | Yemen | 541 | 486 | -54 | 6 | 3.96 | 48 | 191 |
Asia | 8,199 | 8,532 | 333 | 64.78 |
Code | Country/Economy | GDP per capita (Int. $) | % of | Rank | PPP/Nom | ||||
---|---|---|---|---|---|---|---|---|---|
2023 | 2024 | Change | Asia | World | Asia | World | |||
PSE | West Bank and Gaza | 6,057 | 4,349 | -1,708 | 22 | 23.2 | 46 | 159 | 1.448 |
LKA | Sri Lanka | 13,426 | 13,616 | 190 | 70 | 72.8 | 31 | 114 | 4.269 |
LBN | Lebanon | 11,045 | 11,478 | 433 | 59 | 61.3 | 35 | 122 | 3.271 |
AFG | Afghanistan | 1,862 | 1,731 | -131 | 9 | 9.25 | 49 | 188 | 5.165 |
ARM | Armenia | 20,032 | 21,746 | 1,715 | 112 | 116 | 23 | 82 | 2.536 |
AZE | Azerbaijan | 18,585 | 19,328 | 742 | 100 | 103 | 26 | 93 | 2.529 |
BHR | Bahrain | 60,569 | 62,671 | 2,102 | 323 | 335 | 9 | 26 | 2.170 |
BGD | Bangladesh | 8,663 | 9,416 | 753 | 49 | 50.3 | 39 | 132 | 3.559 |
BTN | Bhutan | 15,104 | 15,978 | 874 | 82 | 85.4 | 29 | 108 | 3.980 |
BRN | Brunei Darussalam | 73,945 | 77,534 | 3,590 | 400 | 414 | 5 | 13 | 2.208 |
KHM | Cambodia | 7,708 | 8,287 | 579 | 43 | 44.3 | 40 | 134 | 3.154 |
CHN | China | 23,332 | 25,015 | 1,683 | 129 | 134 | 21 | 78 | 1.904 |
CYP | Cyprus | 55,877 | 58,733 | 2,856 | 303 | 314 | 11 | 32 | 1.581 |
GEO | Georgia | 23,237 | 25,248 | 2,011 | 130 | 135 | 20 | 77 | 2.861 |
HKG | Hong Kong SAR | 71,810 | 75,128 | 3,318 | 387 | 401 | 7 | 15 | 1.401 |
IND | India | 9,339 | 10,123 | 784 | 52 | 54.1 | 38 | 131 | 3.707 |
IDN | Indonesia | 15,829 | 16,861 | 1,033 | 87 | 90.1 | 27 | 101 | 3.199 |
IRN | Islamic Republic of Iran | 20,253 | 21,220 | 966 | 109 | 113 | 24 | 83 | 3.996 |
IRQ | Iraq | 11,797 | 11,937 | 140 | 62 | 63.8 | 34 | 121 | 1.997 |
ISR | Israel | 54,385 | 55,533 | 1,147 | 286 | 297 | 12 | 34 | 1.040 |
JPN | Japan | 52,215 | 54,184 | 1,969 | 279 | 290 | 13 | 36 | 1.635 |
JOR | Jordan | 11,853 | 12,402 | 549 | 64 | 66.3 | 32 | 118 | 2.636 |
KAZ | Kazakhstan | 33,064 | 34,534 | 1,470 | 178 | 185 | 19 | 63 | 2.337 |
KOR | Korea | 56,552 | 59,330 | 2,778 | 306 | 317 | 10 | 30 | 1.737 |
KWT | Kuwait | 52,823 | 52,274 | -549 | 269 | 279 | 14 | 39 | 1.648 |
KGZ | Kyrgyz Republic | 6,482 | 6,790 | 308 | 35 | 36.3 | 42 | 145 | 3.534 |
LAO | Lao P.D.R. | 9,750 | 10,242 | 492 | 53 | 54.7 | 37 | 130 | 5.182 |
MAC | Macao SAR | 116,847 | 134,141 | 17,294 | 692 | 717 | 1 | 2 | 1.699 |
MYS | Malaysia | 36,940 | 39,030 | 2,090 | 201 | 209 | 17 | 58 | 2.931 |
MDV | Maldives | 35,338 | 37,433 | 2,095 | 193 | 200 | 18 | 61 | 2.101 |
MNG | Mongolia | 15,322 | 16,504 | 1,181 | 85 | 88.2 | 28 | 104 | 2.670 |
MMR | Myanmar | 5,033 | 5,203 | 170 | 27 | 27.8 | 44 | 151 | 4.170 |
NPL | Nepal | 4,849 | 5,032 | 183 | 26 | 26.9 | 45 | 152 | 3.602 |
OMN | Oman | 39,691 | 39,859 | 167 | 205 | 213 | 16 | 57 | 1.906 |
PHL | Philippines | 11,340 | 12,192 | 852 | 63 | 65.1 | 33 | 119 | 2.952 |
QAT | Qatar | 108,570 | 112,283 | 3,713 | 579 | 600 | 3 | 5 | 1.379 |
SAU | Saudi Arabia | 68,305 | 70,333 | 2,027 | 363 | 376 | 8 | 18 | 2.129 |
SGP | Singapore | 128,349 | 133,737 | 5,388 | 689 | 715 | 2 | 4 | 1.512 |
TWN | Taiwan Province of China | 72,812 | 76,858 | 4,047 | 396 | 411 | 6 | 14 | 2.232 |
TJK | Tajikistan | 5,443 | 5,832 | 389 | 30 | 31.2 | 43 | 150 | 4.587 |
THA | Thailand | 22,276 | 23,401 | 1,125 | 121 | 125 | 22 | 79 | 2.996 |
TLS | Timor-Leste | 4,051 | 3,767 | -284 | 19 | 20.1 | 47 | 162 | 2.591 |
TUR | Türkiye | 42,064 | 43,921 | 1,857 | 226 | 235 | 15 | 51 | 3.441 |
TKM | Turkmenistan | 19,069 | 19,729 | 660 | 102 | 105 | 25 | 90 | 1.589 |
ARE | United Arab Emirates | 92,074 | 96,846 | 4,772 | 499 | 517 | 4 | 6 | 1.796 |
UZB | Uzbekistan | 10,354 | 10,936 | 582 | 56 | 58.4 | 36 | 126 | 4.102 |
VNM | Vietnam | 14,342 | 15,470 | 1,127 | 80 | 82.7 | 30 | 109 | 3.347 |
YEM | Yemen | 2,013 | 1,996 | -16 | 10 | 10.7 | 48 | 184 | 4.105 |
Asia | 18,284 | 19,397 | 1,113 | 88.02 |