List of Countries by GDP (nominal) per capita

GDP per capita is calculated by dividing GDP by midyear population. GDP is the total market value of all final goods and services produced in a country in a given year. In the Nominal method, market exchange rates are used for conversion.

With above 116k USD, Luxembourg has the highest GDP (nominal) per capita globally in 2020, which is ten times the world GDP per capita and over 460 times of lowest-ranked Burundi of US$254. In World Bank data, Monaco and Liechtenstein have better per capita gdp than Luxembourg.

Twelve economies have per capita income above $50,000. Macao SAR and Austria fell below the $50k mark in 2020. Forty-three have above $20,000, and 65 have above $10,000 on an exchange rate basis. Maldives, St. Lucia, Grenada, and Mauritius were out of the elite $10000 per capita GDP club in 2020. Sixty-two countries have per capita income higher than the global average. Twenty-seven economies have less than $1,000. Eight economies are above five times richer than the world, and the 28 poorest are poorer by over ten times.

Top Gainers in 2020: Ireland has added $3368 in 2020, followed by Taiwan Province of China ($2370), Switzerland ($1163), Luxembourg ($1082) and Guyana ($733). GDP per capita of 39 economies increased in 2020. Four economies in the top ten including top three have gained.

Top Losers in 2020: Out of 194 economies, gdp (nominal) per capita 155 economies have decreased in 2020 compared to 2019. With a decline of more than $40k, the GDP per capita of Macao SAR is down by 50% in 2020. Iceland and Qatar are down by almost $10k.

Changes in rank: Egypt (+14) and Tuvalu (+14) are huge gainers in the gdp per capita ranking. Lebanon (-50), Libya (-31), Macao SAR (-22) and Suriname (-18) are the top loser in the ranking.