Projected GDP per capita Ranking
Source | International Monetary Fund World Economic Outlook (October - 2023) |
Date | 04 Nov 2023 |
As of 2023, Luxembourg would remain at the top spot in gdp per capita ranking in nominal and PPP terms. Luxembourg would remain at the top spot of nominal ranking for the next few years as it is ahead of 2nd ranked occupier Ireland by a huge margin of $23,358. In the ppp per capita, Luxembourg is ahead of 2nd ranked occupier Ireland by a good margin of Int. $15,209.
In the nominal ranking, Ireland and Switzerland will overtake Norway to become the 2nd and 3rd richest economy in the world, respectively. Singapore will overtake Qatar. Among the top 50, Macao SAR's rank would move up by 21 positions followed by Cyprus (+7) and Poland (+7). Kuwait will move down by 12 positions.
In the ppp ranking, Macao SAR will climb from 28th in 2022 to 5th in 2023. Among the top 50, Guyana will climb 19 spots. Finland (-3), New Zealand (-3)and Czech Republic (-3) will be the worst loser.
Among the top 10 richest economies, Macao SAR has the fastest-growing economy with 74.40%. Among the top 50 economies having the highest gdp per capita, nine economies will experience a negative growth rate in 2023 in both ranking. Estonia has the lowest growth rate of -2.27%, followed by the Brunei Darussalam (-0.77%).
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Country/Economy | GDP per capita (Nominal) ($) | Growth (%) | GDP (Nominal) ($) | Continent | ||||||
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2022 | Rank | 2023 | Rank | % world | diff | 2023 | 2023 | Rank | ||
Luxembourg | 126,598 | 1 | 135,605 | 1 | 1,104 | - | -0.44 | 89.10 | 73 | Europe |
Ireland | 103,311 | 3 | 112,248 | 2 | 914 | 23,358 | 2.01 | 589.6 | 26 | Europe |
Switzerland | 93,657 | 4 | 102,866 | 3 | 837 | 9,382 | 0.87 | 905.7 | 20 | Europe |
Norway | 105,826 | 2 | 99,266 | 4 | 808 | 3,599 | 2.28 | 546.8 | 27 | Europe |
Singapore | 82,808 | 6 | 87,884 | 5 | 715 | 11,382 | 1.04 | 497.3 | 32 | Asia |
Qatar | 83,521 | 5 | 81,968 | 6 | 667 | 5,916 | 2.43 | 235.5 | 55 | Asia |
United States | 76,343 | 7 | 80,412 | 7 | 655 | 1,556 | 2.09 | 26,950 | 1 | North America |
Iceland | 74,591 | 8 | 78,837 | 8 | 642 | 1,576 | 3.34 | 30.57 | 109 | Europe |
Denmark | 68,295 | 9 | 71,402 | 9 | 581 | 7,435 | 1.70 | 420.8 | 37 | Europe |
Australia | 64,814 | 10 | 63,487 | 10 | 517 | 7,915 | 1.78 | 1,688 | 14 | Oceania |
Netherlands | 57,428 | 11 | 61,770 | 11 | 503 | 1,717 | 0.55 | 1,093 | 18 | Europe |
San Marino | 52,447 | 15 | 58,541 | 12 | 477 | 3,229 | 2.22 | 1.998 | 177 | Europe |
Austria | 52,192 | 16 | 58,013 | 13 | 472 | 528 | 0.10 | 526.2 | 28 | Europe |
Sweden | 56,188 | 12 | 55,216 | 14 | 449 | 2,797 | -0.69 | 597.1 | 25 | Europe |
Finland | 51,030 | 18 | 54,507 | 15 | 444 | 709 | -0.13 | 305.7 | 48 | Europe |
Macao SAR | 31,539 | 37 | 54,296 | 16 | 442 | 211 | 74.40 | 38.48 | 101 | Asia |
Belgium | 49,843 | 19 | 53,657 | 17 | 437 | 639 | 1.00 | 627.5 | 23 | Europe |
Canada | 55,037 | 13 | 53,247 | 18 | 433 | 410 | 1.29 | 2,118 | 10 | North America |
Israel | 54,337 | 14 | 53,196 | 19 | 433 | 51.1 | 3.14 | 521.7 | 29 | Asia |
Germany | 48,756 | 20 | 52,824 | 20 | 430 | 372 | -0.54 | 4,430 | 3 | Europe |
Hong Kong SAR | 48,154 | 21 | 51,168 | 21 | 417 | 1,656 | 4.39 | 385.5 | 40 | Asia |
United Arab Emirates | 51,400 | 17 | 50,602 | 22 | 412 | 566 | 3.38 | 509.2 | 31 | Asia |
United Kingdom | 45,461 | 23 | 48,913 | 23 | 398 | 1,690 | 0.48 | 3,332 | 6 | Europe |
New Zealand | 47,226 | 22 | 48,072 | 24 | 391 | 841 | 1.12 | 249.4 | 53 | Oceania |
France | 42,350 | 24 | 46,315 | 25 | 377 | 1,757 | 0.95 | 3,049 | 7 | Europe |
Andorra | 41,085 | 25 | 44,107 | 26 | 359 | 2,208 | 2.05 | 3.692 | 163 | Europe |
Malta | 34,819 | 29 | 38,715 | 27 | 315 | 5,392 | 3.79 | 20.31 | 125 | Europe |
Italy | 34,085 | 31 | 37,146 | 28 | 302 | 1,569 | 0.67 | 2,186 | 8 | Europe |
Puerto Rico | 36,123 | 27 | 37,093 | 29 | 302 | 52.9 | -0.70 | 117.5 | 65 | North America |
Aruba | 33,032 | 33 | 35,718 | 30 | 291 | 1,375 | 2.30 | 3.827 | 162 | North America |
Cyprus | 31,459 | 38 | 34,791 | 31 | 283 | 927 | 2.25 | 32.03 | 105 | Europe |
Brunei Darussalam | 37,851 | 26 | 34,384 | 32 | 280 | 407 | -0.77 | 15.15 | 137 | Asia |
The Bahamas | 32,299 | 36 | 34,371 | 33 | 280 | 12.7 | 4.31 | 13.88 | 142 | North America |
Japan | 33,854 | 32 | 33,950 | 34 | 276 | 421 | 1.96 | 4,231 | 4 | Asia |
Korea | 32,418 | 35 | 33,147 | 35 | 270 | 802 | 1.45 | 1,709 | 13 | Asia |
Spain | 29,800 | 39 | 33,090 | 36 | 269 | 57.0 | 2.45 | 1,582 | 15 | Europe |
Saudi Arabia | 34,441 | 30 | 32,586 | 37 | 265 | 504 | 0.76 | 1,069 | 19 | Asia |
Slovenia | 28,527 | 41 | 32,350 | 38 | 263 | 236 | 2.03 | 68.39 | 88 | Europe |
Taiwan Province of China | 32,687 | 34 | 32,340 | 39 | 263 | 10.3 | 0.84 | 751.9 | 22 | Asia |
Kuwait | 36,092 | 28 | 32,215 | 40 | 262 | 125 | -0.61 | 159.7 | 59 | Asia |
Estonia | 28,136 | 42 | 30,998 | 41 | 252 | 1,217 | -2.27 | 41.80 | 98 | Europe |
Czech Republic | 26,832 | 43 | 30,475 | 42 | 248 | 524 | 0.18 | 335.2 | 47 | Europe |
Lithuania | 24,989 | 44 | 28,482 | 43 | 232 | 1,993 | -0.18 | 79.43 | 80 | Europe |
Bahrain | 28,781 | 40 | 28,464 | 44 | 232 | 17.8 | 2.74 | 44.99 | 96 | Asia |
Portugal | 24,540 | 45 | 26,879 | 45 | 219 | 1,585 | 2.28 | 276.4 | 49 | Europe |
Latvia | 21,947 | 47 | 24,929 | 46 | 203 | 1,950 | 0.50 | 46.67 | 95 | Europe |
Slovak Republic | 21,263 | 48 | 24,471 | 47 | 199 | 458 | 1.33 | 133.0 | 62 | Europe |
Greece | 20,960 | 50 | 23,173 | 48 | 189 | 1,298 | 2.46 | 242.4 | 54 | Europe |
Poland | 18,343 | 56 | 22,393 | 49 | 182 | 780 | 0.56 | 842.2 | 21 | Europe |
Barbados | 19,648 | 53 | 21,442 | 50 | 175 | 951 | 4.50 | 6.220 | 157 | North America |
World | 12,834 | 13,268 | 2.96 | 104,483 |
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Country/Economy | GDP (PPP) per capita (Int. $) | Growth (%) | GDP (PPP) (Int. $) | Continent | ||||||
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2022 | Rank | 2023 | Rank | % world | diff | 2023 | 2023 | Rank | ||
Luxembourg | 141,333 | 1 | 143,304 | 1 | 766 | - | -0.44 | 94.15 | 100 | Europe |
Ireland | 132,359 | 2 | 137,638 | 2 | 735 | 5,665 | 2.01 | 722.9 | 39 | Europe |
Singapore | 127,563 | 3 | 133,108 | 3 | 711 | 4,531 | 1.04 | 753.3 | 38 | Asia |
Qatar | 109,160 | 4 | 114,210 | 4 | 610 | 18,897 | 2.43 | 328.1 | 61 | Asia |
Macao SAR | 55,209 | 28 | 98,157 | 5 | 524 | 16,053 | 74.40 | 69.57 | 109 | Asia |
Switzerland | 86,262 | 5 | 89,537 | 6 | 478 | 8,620 | 0.87 | 788.3 | 35 | Europe |
United Arab Emirates | 84,657 | 6 | 88,962 | 7 | 475 | 576 | 3.38 | 895.2 | 34 | Asia |
San Marino | 79,633 | 7 | 84,135 | 8 | 450 | 4,826 | 2.22 | 2.872 | 179 | Europe |
Norway | 78,014 | 8 | 82,236 | 9 | 439 | 1,899 | 2.28 | 453.0 | 52 | Europe |
United States | 76,343 | 9 | 80,412 | 10 | 430 | 1,824 | 2.09 | 26,950 | 2 | North America |
Denmark | 71,332 | 10 | 74,958 | 11 | 401 | 5,455 | 1.70 | 441.8 | 53 | Europe |
Netherlands | 70,728 | 11 | 73,317 | 12 | 392 | 1,641 | 0.55 | 1,297 | 28 | Europe |
Hong Kong SAR | 67,880 | 14 | 72,861 | 13 | 389 | 456 | 4.39 | 549.0 | 45 | Asia |
Brunei Darussalam | 70,576 | 12 | 72,610 | 14 | 388 | 251 | -0.77 | 32.00 | 146 | Asia |
Taiwan Province of China | 69,290 | 13 | 72,485 | 15 | 387 | 124 | 0.84 | 1,685 | 22 | Asia |
Iceland | 67,176 | 15 | 69,833 | 16 | 373 | 2,652 | 3.34 | 27.08 | 151 | Europe |
Austria | 66,889 | 16 | 69,069 | 17 | 369 | 764 | 0.10 | 626.5 | 43 | Europe |
Saudi Arabia | 66,836 | 17 | 68,453 | 18 | 366 | 616 | 0.76 | 2,247 | 17 | Asia |
Andorra | 66,155 | 18 | 68,232 | 19 | 365 | 221 | 2.05 | 5.711 | 170 | Europe |
Sweden | 66,091 | 19 | 66,209 | 20 | 354 | 2,023 | -0.69 | 716.0 | 40 | Europe |
Germany | 64,086 | 20 | 66,038 | 21 | 353 | 172 | -0.54 | 5,538 | 5 | Europe |
Belgium | 63,268 | 21 | 65,813 | 22 | 352 | 224 | 1.00 | 769.7 | 37 | Europe |
Australia | 62,026 | 22 | 64,674 | 23 | 346 | 1,140 | 1.78 | 1,719 | 20 | Oceania |
Malta | 59,408 | 23 | 63,481 | 24 | 339 | 1,193 | 3.79 | 33.30 | 143 | Europe |
Guyana | 42,699 | 44 | 61,099 | 25 | 326 | 2,382 | 38.43 | 48.51 | 127 | South America |
Bahrain | 58,426 | 25 | 60,715 | 26 | 324 | 384 | 2.74 | 95.97 | 99 | Asia |
Finland | 58,445 | 24 | 59,869 | 27 | 320 | 846 | -0.13 | 335.8 | 60 | Europe |
Canada | 58,316 | 26 | 59,813 | 28 | 320 | 55.7 | 1.29 | 2,379 | 16 | North America |
France | 56,305 | 27 | 58,765 | 29 | 314 | 1,048 | 0.95 | 3,869 | 10 | Europe |
United Kingdom | 54,824 | 29 | 56,836 | 30 | 304 | 1,929 | 0.48 | 3,872 | 9 | Europe |
Korea | 53,845 | 30 | 56,709 | 31 | 303 | 127 | 1.45 | 2,924 | 14 | Asia |
Israel | 51,990 | 31 | 54,771 | 32 | 293 | 1,938 | 3.14 | 537.1 | 48 | Asia |
Italy | 51,827 | 33 | 54,259 | 33 | 290 | 512 | 0.67 | 3,193 | 13 | Europe |
Cyprus | 51,774 | 34 | 53,931 | 34 | 288 | 328 | 2.25 | 49.66 | 125 | Europe |
New Zealand | 51,962 | 32 | 53,809 | 35 | 288 | 122 | 1.12 | 279.2 | 63 | Oceania |
Japan | 49,090 | 36 | 52,120 | 36 | 278 | 1,690 | 1.96 | 6,495 | 4 | Asia |
Kuwait | 51,238 | 35 | 51,765 | 37 | 277 | 355 | -0.61 | 256.6 | 67 | Asia |
Slovenia | 48,757 | 37 | 51,407 | 38 | 275 | 358 | 2.03 | 108.7 | 96 | Europe |
Aruba | 48,341 | 38 | 51,352 | 39 | 274 | 54.2 | 2.30 | 5.502 | 172 | North America |
Spain | 47,711 | 40 | 50,472 | 40 | 270 | 881 | 2.45 | 2,413 | 15 | Europe |
Lithuania | 47,107 | 41 | 49,245 | 41 | 263 | 1,227 | -0.18 | 137.3 | 89 | Europe |
Czech Republic | 47,955 | 39 | 49,025 | 42 | 262 | 219 | 0.18 | 539.3 | 47 | Europe |
Poland | 43,624 | 43 | 45,538 | 43 | 243 | 3,487 | 0.56 | 1,713 | 21 | Europe |
Estonia | 44,630 | 42 | 45,236 | 44 | 242 | 303 | -2.27 | 61.00 | 114 | Europe |
Portugal | 42,692 | 45 | 45,227 | 45 | 242 | 8.55 | 2.28 | 465.1 | 51 | Europe |
The Bahamas | 42,023 | 47 | 44,950 | 46 | 240 | 277 | 4.31 | 18.15 | 153 | North America |
Hungary | 42,121 | 46 | 43,601 | 47 | 233 | 1,348 | -0.34 | 421.7 | 54 | Europe |
Croatia | 40,128 | 50 | 42,873 | 48 | 229 | 728 | 2.70 | 164.7 | 83 | Europe |
Panama | 39,397 | 51 | 42,738 | 49 | 228 | 135 | 6.00 | 190.3 | 79 | North America |
Slovak Republic | 40,211 | 49 | 42,228 | 50 | 226 | 510 | 1.33 | 229.6 | 69 | Europe |
World | 21,003 | 22,201 | 2.96 | 174,833 |