Per capita income by country. The highest value was in Bermuda: 138934.

Per capita income by country A median household income of $80,610 underscores this strength. S. Because the number of people or earners per household can vary significantly between regions and over time, the choice of measurement basis can impact household income rankings and trends. Making over $100,000 puts you in the top 10% of global earners, while making over $1 million puts you in the top 1%. Alternative measures of standard of living include list of countries by average wage and disposable household and per capita income. Sep 8, 2025 · Gross national income (GNI) per capita, 2024 Gross national income (GNI) measures the total income earned by residents of a country, including income earned abroad. The highest value was in Singapore: 132570 U. This figure is almost $435 more than compared to $13,407 in 2023. Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2024 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. Sep 11, 2025 · Countries use various measures to gauge their wealth. This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population Explore GDP per capita data in current prices for various countries and regions as presented in the IMF's World Economic Outlook (April 2025). Discover top 10 nations with the highest income per person. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. Upper-middle-income average – countries with fast-growing systems and rising coverage. Ratio to World's average GDP per capita at PPP Sep 8, 2025 · GDP per capita is a comprehensive measure of people's average income. List by GDP at PPP (Purchasing Power Parity) and by Nominal GDP. ) in a specified year. The median per-capita household income is only $2,920 per year. It is derived by dividing the total income of a particular area by […] 4 days ago · Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. GDP per Capita Rankings: 2025 GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. 6 days ago · Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U. The term "income per capita" is derived from two Latin words: "Per Capita" means "by the head. The second-highest country with the most average disposable income is Luxembourg at $47,336, followed by Switzerland at $47,124. This metric is used to assess the standard of living in a country, as higher GDP per capita often indicates improved quality of life. Global GDP per capita in Discover annual GDP per Capita by country for the year, visualized on an interactive world map. Nominal Gross national income per capita (2018, World Bank) Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc. 95 U. This page provides values for GDP per capita reported in several countries. Measure: U. The United States has the highest average disposable income compared to other countries. The average global household income is $12,235 per year. May 7, 2025 · Gross national income (GNI) per capita, 2023 Gross national income (GNI) measures the total income earned by residents of a country, including income earned abroad. GDP per capita, Purchasing Power Parity, 2024: The average for 2024 based on 177 countries was 27291 U. 73 U. dollars and the lowest value was in Mauritius: 11871. For most countries, we have only one option available. Household income can be measured on various bases, such as per household income, per capita income, per earner income, or on an equivalised basis. However, inequality lingers, with counties like Santa Clara reporting median incomes of Oct 1, 2025 · Discover what per capita income is, how it's calculated, its uses in measuring wealth and living standards, and limitations like inflation and income disparity. Jan 29, 2025 · Similarly, India, which was a low income country two decades ago, has grown into a middle income country driven by rapid economic growth. Malawi follows closely Mar 6, 2025 · Even amongst some of the world’s most advanced economies, some countries have struggled to keep up due to slow wage growth or prolonged economic stagnation. Jun 16, 2025 · For example, countries like China or India have very large economies, but their per capita income is much lower compared to smaller countries like Singapore and Luxembourg. Below is a chart for all countries where data are available. GDP per capita (current US$) Source:WITS - Country Profile 1988 1998 2008 2018 Switzerland Japan Luxembourg Bermuda Sweden 150000 125000 100000 75000 50000 25000 0 Discover annual household income per capita for countries, such as the US, China, India, Indonesia, Brazil and Russia to use in your data forecasts and economic reports with CEIC. Changes in gdp per capita and their respective ranking of economies. Disposable income is the amount of money a Photo Credit: Pexels Annual disposable income per capita (2023): $58,300 (USD PPP) The United States consistently tops global rankings for disposable income due to its high wages, vibrant financial sector, and consumer-friendly tax policies. Dec 16, 2024 · GDP per capita by country. Madagascar, slightly above DR Congo, has a median income of $398 per year. Apr 7, 2025 · The Tricky Part of Comparing Income Inequality Globally This chart looks at the average daily per capita income of wealth groups in countries with starkly different populations. It is computed on a per Here is a list of countries by GDP per capita (nominal) for the year 2025, based on the latest projections from the IMF and other reputable sources: GDP per capita is a solid indicator of a country’s economic prosperity and the average standard of living of its citizens. By 2025, the world’s richest nations in terms of GDP per capita are primarily small, high-income economies with strong financial sectors, natural resources, or advanced industries. Apr 29, 2024 · Published Apr 29, 2024Definition of Per Capita Income Per capita income is a measure that calculates the average income earned per person in a given area (city, region, country, etc. ) PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. . Discover which countries moved between income categories and understand the factors driving these changes. Mar 8, 2025 · What is GDP Per Capita? GDP per capita is an economic metric that is calculated by dividing the country’s total income by its population. 6 days ago · The United States has the highest disposable income per capita in the OECD ahead of Luxembourg. It is especially useful for understanding trends in economic growth and living standards. Jul 28, 2025 · The World Bank updates its income brackets every July 1, ranking economies by Gross National Income (GNI) per capita using the Atlas methodology. The indicator is available from 1990 to 2024. dollars; Source: The World Bank Select indicator Countries are classified each year on July 1, based on the estimate of their GNI per capita for the previous calendar year. It serves as a valuable tool for assessing the economic well-being and quality of life for the population in that region. Jul 1, 2025 · The World Bank's income classification divides countries into four categories based on their gross national income (GNI) per capita. This data is adjusted for inflation and differences in living costs between countries. dollars and the lowest value was in Burundi: 836 U. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP per capita. Income groupings remain fixed for the entire World Bank fiscal year (i. It helps compare income levels across countries and track how they change over time. Thresholds between income groups have changed over time. Oct 12, 2023 · Per capita income, often referred to as income per capita, is a crucial economic metric used to determine the average income earned by each individual in a particular nation, region, or geographic area. GDP per capita of the World, comprising 194 economies, in 2024 is projected to be around $13,842 in nominal terms, obtained by data from the IMF. Nov 8, 2023 · Gross Domestic Product (GDP) per capita is a vital economic metric that provides insights into the standard of living and overall economic well-being of a country’s residents. 3 days ago · Top-10 high-income average – countries that currently lead in public health spending per capita. , is about 34 million individuals, compared to India and China’s 140 million individuals. The World Bank's income classification divides countries into four categories based on their gross national income (GNI) per capita. This graphic shows the percent change in household disposable income per capita for each G7 country from 2007 to July 2024. Explore the real GDP per capita (PPP) by country, highlighting the wealthiest and poorest nations globally. Data from World bank includes gdp and year estimated for. Jan 25, 2024 · Here you can find a list with all the countries in the world sorted by their GDP per capita (2024 data from the World Bank; in USD dollars). dollars per person in 2023. Income Levels by Country (2025) For the fiscal year 2025, each country is classified by the World Bank into one of four income levels based on its 2023 GNI per capita (Atlas method), and is also grouped into one of seven geographic regions: East Asia and Pacific, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, North America, South Asia, and Sub-Saharan Detailed information on median income by country, providing insights into the average earnings of individuals within each nation with additional details related to this topic. 93 U. Richest countries by GDP per capita ranked. Gross domestic product per capita is often used as a proxy indicator an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income and does Comprehensive overview of GDP per capita by country including the top ten countries with the highest GDP per capita as well as the lowest. Below, we outline the 10 countries with the highest incomes, based on disposable income per capita. [1] We would like to show you a description here but the site won’t allow us. It reflects the average income per individual within a country. The data for this visualization comes from the World Bank’s FY 2026 income classification release. GDP (nominal) per capita of 195 countries by IMF. Overall, 40% GDP per capita, Purchasing Power Parity, 2024: The average for 2024 based on 177 countries was 27291 U. 9 U. Explore GDP per capita data in PPP terms, offering insights into economic performance and living standards across countries from The World Bank. Updated list with data and insights. 19 U. The table has current values for GDP per capita, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. , until July 1 of the following year), even if GNI per capita estimates are revised in the meantime. The income per capita of a country is the per head income obtained by dividing the total national income of that country or state by the people of that geographical location. (See List of countries by GDP (PPP) per capita. Explore adjusted net national income per capita data in current US dollars, sourced from The World Bank. Oct 9, 2025 · Depending on the country and year, the data refers either to income (after taxes and benefits) or to consumption, per capita. dollars, 2024: The average for 2024 based on 58 countries was 47825. Apr 7, 2025 · This chart measures inflation-adjusted GDP per capita growth for OECD economies from 2014–2024. [1] GNI per capita is the gross national income divided by the midyear population. dollars. Country Comparisons Real GDP per capita Compares GDP on a purchasing power parity basis divided by population, as of 1 July for the same year. The 2025 update covers 223 reporting economies (including dozens of small territories), painting a fresh picture of global prosperity. It represents the average income earned by each individual in a nation when the total economic output is divided by the population. But when there is a mix of consumption and income data points, we process the data to keep one observation per country and year. The highest value was in Bermuda: 138934. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. Jul 1, 2025 · This list contains projected GDP per capita (Nominal and PPP) of 194 Countries/Economies at current prices by IMF alongside with their world rank and compare to world's average. For the richest ones, it's indicating other influences in their economies. Nominal gross domestic product (GDP) per capita is the total value of a country's finished goods and services (gross domestic product) divided by its total population (per capita). GDP Per Capitas - By Country - was last updated on Sunday, November 30, 2025. GDP per capita, current U. Nov 14, 2024 · Personal Income by County and Metropolitan Area, 2023 In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. The Richest Countries in the World in 2025 The following table shows the top 25 richest countries ranked by GDP per capita in 2025. dollars; Source: The World Bank Select indicator This is why GDP (PPP) per capita is considered one of the indicators of a country's standard of living, [2][3] The relation between GDP per capita and standard of living has been criticized. This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices by IMF alongside their world rank, compare to world's average, gdp growth rate and gdp. The top 10% in the U. DR Congo reports the lowest median income with $395 per year. Jun 13, 2025 · For most countries, GDP per capita measures relative prosperity. The indicator is available from 1960 to 2024. Nov 19, 2025 · In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Burundi is next with a median income of $475 per year. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). May 1, 2025 · Tracking per capita daily median incomes between 1994 and 2024 for 20 countries reveals where the most income growth has occurred. dollars, 2024: The average for 2024 based on 176 countries was 19439. Dec 15, 2024 · Gross world product per capita is obtained by adding the GDP of each of the countries and dividing the total GDP by the combined population of these countries. GNI is the sum of value added by all resident producers plus any Jul 1, 2024 · Explore the updated World Bank country income classifications for 2024-2025, highlighting GNI per capita shifts and global economic trends. ) over a specified period, usually one year. Apr 13, 2023 · The average global personal income is $9,733 per year. The average wage is a measure of total income divided by total number of employees employed. Here’s where the standard of living improved. The ten countries with the lowest median income are DR Congo, Madagascar, Burundi, Malawi, Guinea-Bissau, Central African Republic, Mozambique, Zambia, Uzbekistan, and Rwanda. This graphic shows countries by gross national income (GNI) per capita, based on data from the World Bank. GDP per capita is calculated as the value of all final goods and services produced each year in a country (the gross domestic product), divided by the Access GDP per capita data in current US dollars from the World Bank, providing insights into economic performance and living standards worldwide. dollars and the lowest value was in Burundi: 153. Learn about the GDP per capita rank of countries and how it helps measure income and living standards with the impact of PPP on global economies. " Per capita income is commonly used in various disciplines like statistics, business, and economics. e. World Economics has developed a database presenting GDP per Capita in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. On average, as of 2023 data, the United States has $62,722 of gross disposable income per capita.