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
20242025ChangeOceaniaWorld OceaniaWorld
AUSAustralia66,24864,547-1,701151456112
FJIFiji6,4476,7402931647.66107
KIRKiribati2,4192,414-5617.013152
MHLMarshall Islands7,3038,1338301957.4594
FSMMicronesia4,9865,2913041237.410120
NRUNauru12,31812,7274093089.9477
NZLNew Zealand48,31046,126-2,184108326225
PLWPalau17,40618,9931,58744134361
PNGPapua New Guinea2,5242,56540618.112148
WSMSamoa5,0705,4714001338.69118
SLBSolomon Islands2,2692,379109616.814153
TONTonga5,4165,7213061340.48115
TUVTuvalu6,5996,543-561546.27109
VUTVanuatu3,4923,54856825.111136
Oceania 44,029 42,742 -1,287 301.85
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GDP per capita (PPP)

Code Country/Economy GDP per capita (Int. $) % of Rank PPP/Nom
20242025ChangeOceaniaWorld OceaniaWorld
AUSAustralia69,97172,1382,1671482801231.056
FJIFiji16,11216,8677553565.541102.499
KIRKiribati3,5303,707177814.4121691.459
MHLMarshall Islands6,9467,6967501629.971440.951
FSMMicronesia4,5954,7681731018.5101600.921
NRUNauru10,86011,1492882343.351300.882
NZLNew Zealand53,84655,4501,6051142152391.115
PLWPalau16,86818,3441,4763871.331050.969
PNGPapua New Guinea3,5743,757184814.6111681.416
WSMSamoa7,0897,6215321629.681451.398
SLBSolomon Islands2,6222,71392610.5141801.155
TONTonga7,6548,0914381731.461421.413
TUVTuvalu6,6587,0053471427.291471.009
VUTVanuatu2,9682,98618611.6131770.850
Oceania 47,247 48,619 1,372 188.86