Source | International Monetary Fund World Economic Outlook (October-2023) |
UN | |
Date | 09 Feb 2024 |
North America has the highest continental gdp per capita by both GDP Nominal and PPP in the world. With $53,478 in nominal terms, the per capita gdp of North America is 403% of the world GDP per capita. North America is followed by Oceania ($42,439). There is a large gap between 3rd ranked Europe ($34,636), and 4th ranked South America ($9,645). Europe is at 2nd place, Oceania is at 3rd, and South America is at 4th position in ppp methods. Africa is the poorest continent in the world. GDP per capita of Asia, South America, and Africa are less than the global average.
Four subregions have figures above $50,000 as Northern America is the richest subregion, followed by Australia and New Zealand, Northern Europe, and Western Europe. In ppp terms too, these four occupy the top four positions, but the ranking is different as Western Europe is at 2nd spot, followed by Northern Europe and Australia and New Zealand. GDP per capita of these four subregions are more than four times greater than the global per capita in nominal and almost three times greater in the ppp list. In the nominal list, the bottom three positions are occupied by African subregions.
Western Europe would add $4,350 in 2023, followed by Northern America ($3,411), Southern Europe ($2,825) and Northern Europe ($2,790). Two continents (Africa and Oceania) nd Seven subregions has seen a decline in GDP per capita in nominal methods.
Grouping of continents and subregions are as per United Nations Statistics Division.
Continent | GDP (Nominal per capita) ($) | GDP (PPP per capita) (Int. $) | ||||||
---|---|---|---|---|---|---|---|---|
2022 | 2023 | Net change | % world | 2022 | 2023 | Net change | % world | |
Asia | 8,177 | 8,257 | 80 | 62 | 16,984 | 18,201 | 1,217 | 82 |
Africa | 2,141 | 2,029 | -112 | 15 | 6,029 | 6,291 | 262 | 28 |
Europe | 32,440 | 34,636 | 2,196 | 261 | 47,754 | 50,023 | 2,269 | 225 |
North America | 50,717 | 53,478 | 2,761 | 403 | 54,640 | 57,421 | 2,781 | 259 |
South America | 9,008 | 9,645 | 637 | 73 | 18,691 | 19,581 | 890 | 88 |
Oceania | 43,192 | 42,439 | -753 | 320 | 42,490 | 44,186 | 1,696 | 199 |
World | 12,834 | 13,268 | 434 | 21,003 | 22,201 | 1,198 |
Continent | GDP per capita ($) | % world | ||||
---|---|---|---|---|---|---|
1970 | 2000 | 2022 | 1970 | 2000 | 2022 | |
Asia | 246 | 2,565 | 8,049 | 27 | 47 | 64 |
Africa | 320 | 823 | 2,015 | 34 | 15 | 16 |
Europe | 1,977 | 13,323 | 32,001 | 213 | 242 | 253 |
North America | 3,923 | 24,691 | 50,322 | 423 | 449 | 398 |
South America | 605 | 3,923 | 8,839 | 65 | 71 | 70 |
Oceania | 2,793 | 15,548 | 46,473 | 301 | 283 | 367 |
World | 928 | 5,497 | 12,647 |
Subregion | GDP (Nominal per capita) ($) | GDP (PPP per capita) (Int. $) | ||||||
---|---|---|---|---|---|---|---|---|
2022 | 2023 | Net change | % world | 2022 | 2023 | Net change | % world | |
Southern Asia | 2,371 | 2,494 | 123 | 19 | 8,522 | 9,162 | 640 | 41 |
Western Asia | 15,526 | 16,067 | 541 | 121 | 33,158 | 34,729 | 1,571 | 156 |
South-Eastern Asia | 5,392 | 5,688 | 296 | 43 | 15,338 | 16,414 | 1,076 | 74 |
Eastern Asia | 15,373 | 15,306 | -67 | 115 | 25,469 | 27,533 | 2,064 | 124 |
Central Asia | 5,203 | 5,751 | 548 | 43 | 14,788 | 15,767 | 979 | 71 |
Southern Africa | 6,446 | 6,006 | -440 | 45 | 15,191 | 15,691 | 500 | 71 |
Western Africa | 1,768 | 1,591 | -177 | 12 | 4,789 | 4,998 | 209 | 23 |
Northern Africa | 3,660 | 3,469 | -191 | 26 | 12,439 | 13,008 | 569 | 59 |
Eastern Africa | 1,208 | 1,303 | 95 | 10 | 3,275 | 3,484 | 209 | 16 |
Middle Africa | 1,489 | 1,329 | -160 | 10 | 3,206 | 3,337 | 131 | 15 |
Southern Europe | 27,686 | 30,511 | 2,825 | 230 | 45,052 | 47,485 | 2,433 | 214 |
Western Europe | 49,302 | 53,652 | 4,350 | 404 | 62,796 | 65,088 | 2,292 | 293 |
Northern Europe | 52,887 | 55,677 | 2,790 | 420 | 61,405 | 63,602 | 2,197 | 286 |
Eastern Europe | 14,983 | 14,822 | -161 | 112 | 33,111 | 35,132 | 2,021 | 158 |
Northern America | 74,120 | 77,531 | 3,411 | 584 | 74,462 | 78,227 | 3,765 | 352 |
Central America | 9,823 | 11,809 | 1,986 | 89 | 20,591 | 21,837 | 1,246 | 98 |
Caribbean | 10,372 | 10,817 | 445 | 82 | 17,056 | 17,848 | 792 | 80 |
South America | 9,008 | 9,645 | 637 | 73 | 18,691 | 19,581 | 890 | 88 |
Australia and New Zealand | 61,943 | 60,970 | -973 | 460 | 60,383 | 62,900 | 2,517 | 283 |
Melanesia | 2,802 | 2,808 | 6 | 21 | 3,957 | 4,185 | 228 | 19 |
Polynesia | 4,455 | 4,949 | 494 | 37 | 6,119 | 6,706 | 587 | 30 |
Micronesia | 4,299 | 4,569 | 270 | 34 | 4,299 | 4,523 | 224 | 20 |
World | 12,834 | 13,268 | 434 | 21,003 | 22,201 | 1,198 |
Subregion | GDP ($) | % world | Continent | ||||
---|---|---|---|---|---|---|---|
1970 | 2000 | 2022 | 1970 | 2000 | 2022 | ||
Central Asia | - | 750 | 5,118 | - | 14 | 40 | Asia |
Eastern Africa | 185 | 329 | 1,087 | 20 | 6 | 9 | Africa |
Western Africa | 387 | 505 | 1,795 | 42 | 9 | 14 | Africa |
Northern Africa | 289 | 1,472 | 3,298 | 31 | 27 | 26 | Africa |
Middle Africa | 277 | 457 | 1,465 | 30 | 8 | 12 | Africa |
Southern Africa | 777 | 3,072 | 6,485 | 84 | 56 | 51 | Africa |
Eastern Asia | 331 | 4,876 | 15,063 | 36 | 89 | 119 | Asia |
Southern Asia | 131 | 502 | 2,372 | 14 | 9 | 19 | Asia |
South-Eastern Asia | 135 | 1,193 | 5,330 | 15 | 22 | 42 | Asia |
Western Asia | 672 | 4,744 | 14,217 | 72 | 86 | 112 | Asia |
Eastern Europe | 1,553 | 2,163 | 14,331 | 167 | 39 | 113 | Europe |
Northern Europe | 2,679 | 26,801 | 53,207 | 289 | 488 | 421 | Europe |
Southern Europe | 1,511 | 14,156 | 27,853 | 163 | 258 | 220 | Europe |
Western Europe | 2,827 | 24,237 | 49,648 | 305 | 441 | 393 | Europe |
Northern America | 5,241 | 35,123 | 74,012 | 565 | 639 | 585 | North America |
Central America | 800 | 6,027 | 9,974 | 86 | 110 | 79 | North America |
Caribbean | 700 | 4,420 | 11,135 | 75 | 80 | 88 | North America |
South America | 605 | 3,923 | 8,839 | 65 | 71 | 70 | South America |
Australia and New Zealand | 3,362 | 20,311 | 64,485 | 362 | 369 | 510 | Oceania |
Melanesia | 521 | 1,539 | 3,931 | 56 | 28 | 31 | Oceania |
Polynesia | 898 | 7,636 | 11,312 | 97 | 139 | 89 | Oceania |
Micronesia | 470 | 2,079 | 4,105 | 51 | 38 | 32 | Oceania |
World | 928 | 5,497 | 12,647 |