List of Oceanian countries by GDP per capita

Source IMF World Economic Outlook (April-2024)
Date11 Sep 2024

Australia is the richest economy in Oceania, the only economy having a per capita GDP above $50,000. The next three, New Zealand, Palau, and Nauru, have a GDP per capita of more than 10k US dollars. Solomon Islands is the poorest economy in Oceania.

In 2024, there will be no change in nominal ranking. Only two economies are within the top 50 world GDP per capita rankings.

Out of 14 economies, all Oceanian economies would see an increase in their per capita income in 2024 compared to 2023. Palau will add $2,357 in 2024, followed by Australia ($1,155).

In PPP data, Australia and New Zealand have a GDP per capita of above 50k Int. Dollars. Five economies would have per capita GDP above Int. $10,000. None of the Oceanian economies is in the top 20 richest economies globally, and only two economies are within the top 50 world GDP per capita rankings. There will be no change in PPP ranking in 2024.

Out of 14 economies, none of the Oceanian economies would see a decrease in 2024 compared to 2023. Palau will add Int. $2,292 in 2024, followed by Australia (Int. $1,864).

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GDP per capita (Nominal)

Code Country/Economy GDP per capita ($) % of Rank
20232024ChangeOceaniaWorld OceaniaWorld
AUSAustralia65,43466,5891,155151542111
FJIFiji5,9936,2872941451.26106
KIRKiribati2,2312,446215619.913148
MHLMarshall Islands6,3076,7114041554.65102
FSMMicronesia4,8655,1202551241.79119
NRUNauru12,03812,36232428101479
NZLNew Zealand47,53748,531994110395224
PLWPalau15,08517,4412,35740142364
PNGPapua New Guinea2,5252,5306620.612146
WSMSamoa4,4784,8403611139.410120
SLBSolomon Islands2,2052,25348518.314151
TONTonga5,4885,8403521347.58112
TUVTuvalu5,7236,0012791448.97108
VUTVanuatu3,5013,734233830.411133
Oceania 43,497 44,153 656 335.23
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GDP per capita (PPP)

Code Country/Economy GDP per capita (Int. $) % of Rank PPP/Nom
20232024ChangeOceaniaWorld OceaniaWorld
AUSAustralia64,76266,6271,8641473561250.990
FJIFiji16,59017,4038143893.03992.768
KIRKiribati3,3883,614226819.3111641.518
MHLMarshall Islands6,0336,3132801433.781480.957
FSMMicronesia4,5274,6901641025.1101550.931
NRUNauru10,60810,8232152457.851270.881
NZLNew Zealand52,67753,7971,1211192872371.108
PLWPalau15,08917,3812,2923892.941001.000
PNGPapua New Guinea3,3713,534164818.9121651.335
WSMSamoa6,3166,7214041535.971461.410
SLBSolomon Islands2,6522,71361614.5141801.203
TONTonga7,0897,4623731639.961391.292
TUVTuvalu5,7356,0563211332.491491.002
VUTVanuatu2,8832,93956615.7131760.823
Oceania 44,136 45,261 1,125 205.38