List of continents by GDP per capita

Source International Monetary Fund World Economic Outlook (October-2024)
UN
Date02 Nov 2024

North America has the highest continental GDP per capita in the world. With $57,192 in nominal terms, the per capita GDP of North America is 413% of the world's GDP per capita. North America is followed by Oceania ($43,819). There is a large gap between 3rd-ranked Europe ($36,677) and 4th-ranked South America ($9,756). Europe is in 2nd place, Oceania is in 3rd, and South America is in 4th position in PPP methods. Africa is the poorest continent in the world. GDP per capita in Asia, South America, and Africa is less than the global average.

Four subregions have figures above $50,000, as Northern America is the richest subregion, followed by Australia/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 in 2nd spot, followed by Northern Europe and Australia/New Zealand. The GDP per capita of these four subregions is more than four times greater than the global per capita in nominal terms and almost three times greater in the PPP list. In the nominal list, the bottom three positions are occupied by African subregions.

Northern America would add $3,421 in 2024, followed by Northern Europe ($2,328), Western Europe ($2,135) and Southern Europe ($1,507). Africa and its three subregions have seen a decline in GDP per capita in nominal methods.

The grouping of continents and subregions is as per the United Nations Statistics Division.

  • GDP per capita
  • % World
  • Continent
  • Sub region
  • Nominal
  • PPP

Continents by gdp per capita (IMF)

Continent GDP (Nominal per capita) ($) GDP (PPP per capita) (Int. $)
20232024Net change% world 20232024Net change% world
Asia8,2438,4892466118,89520,0471,15282
Africa2,0351,927-108146,8317,02819729
Europe34,95836,6771,71926554,83656,9872,151233
North America54,91257,1922,28041359,03761,4852,448251
South America9,6689,756887020,89421,67978589
Oceania43,10843,81971131746,05546,950895192
World 13,407 13,842 435 23,374 24,469 1,095

Continents by gdp per capita (UN)

Continent GDP per capita ($) % world
197020002022 197020002022
Asia2462,5658,049274764
Africa3208232,015341516
Europe1,97713,32332,001213242253
North America3,92324,69150,322423449398
South America6053,9238,839657170
Oceania2,79315,54846,473301283367
World 928 5,497 12,647

Subregions by gdp per capita (IMF)

Subregion GDP (Nominal per capita) ($) GDP (PPP per capita) (Int. $)
20232024Net change% world 20232024Net change% world
Southern Asia2,4252,609184199,88310,61973643
Western Asia15,81216,71490212132,93133,844913138
South-Eastern Asia5,5805,8052254216,77717,8131,03673
Eastern Asia15,43615,72328711428,66430,5431,879125
Central Asia5,9056,4044994618,28719,13785078
Southern Africa5,8926,1402484414,98415,29030662
Western Africa1,5291,181-34895,3165,49317722
Northern Africa3,5623,560-22614,49714,86837161
Eastern Africa1,2931,264-2993,7123,89918716
Middle Africa1,4251,46338114,2394,34610718
Southern Europe31,64333,1501,50723950,65752,6381,981215
Western Europe54,11856,2532,13540669,41271,1911,779291
Northern Europe54,86657,1942,32841367,48369,4081,925284
Eastern Europe15,17516,3021,12711841,65644,1492,493180
Northern America79,61483,0353,42160080,53684,0073,471343
Central America11,80112,1543538821,79022,49970992
Caribbean10,71811,1814638118,99519,85586081
South America9,6689,756887020,89421,67978589
Australia and New Zealand61,75962,8691,11045465,45166,7731,322273
Melanesia2,7362,78145204,0824,26618417
Polynesia4,7715,252481386,6617,23757630
Micronesia4,9285,276348385,2035,50330022
World 13,407 13,842 435 23,374 24,469 1,095

Subregions by gdp per capita (UN)

Subregion GDP ($) % world Continent
197020002022 197020002022
Central Asia - 7505,118- 1440Asia
Eastern Africa1853291,0872069Africa
Western Africa3875051,79542914Africa
Northern Africa2891,4723,298312726Africa
Middle Africa2774571,46530812Africa
Southern Africa7773,0726,485845651Africa
Eastern Asia3314,87615,0633689119Asia
Southern Asia1315022,37214919Asia
South-Eastern Asia1351,1935,330152242Asia
Western Asia6724,74414,2177286112Asia
Eastern Europe1,5532,16314,33116739113Europe
Northern Europe2,67926,80153,207289488421Europe
Southern Europe1,51114,15627,853163258220Europe
Western Europe2,82724,23749,648305441393Europe
Northern America5,24135,12374,012565639585North America
Central America8006,0279,9748611079North America
Caribbean7004,42011,135758088North America
South America6053,9238,839657170South America
Australia and New Zealand3,36220,31164,485362369510Oceania
Melanesia5211,5393,931562831Oceania
Polynesia8987,63611,3129713989Oceania
Micronesia4702,0794,105513832Oceania
World 928 5,497 12,647