GDP per capita

The World Bank's GDP per capita ranking is one of the key indicators of economic development and well-being of citizens in different countries. This indicator is expressed in US dollars and reflects the volume of goods and services produced per person in the country. These figures allow you to compare countries by well-being, assess the effectiveness of the economy in ensuring the standard of living of the population.

As a rule, countries with a high GDP per capita have a higher standard of living, access to quality health care and education. This helps further economic development and social stability in the state.

The data was updated on 06/28/2024 and is the most accurate at the time of publication. But they differ from older figures or similar indicators from other organizations, including UN and IMF reports.

GDP per capita

Rank		GDP per capitaUS dollars	The cost of livingUSD
1	Monaco	241 thousand	-
2	Liechtenstein	187 thousand	-
3	Luxembourg	128 thousand	65.50
4	Bermuda	123 thousand	133.80
5	Ireland	104 thousand	67.20
6	Switzerland	100 thousand	114.30
7	Cayman Islands	96 thousand	111.20
8	Norway	88 thousand	80.10
9	Qatar	87 thousand	54.20
10	Singapore	85 thousand	82.50
11	United States	82 thousand	75.50
12	Iceland	79 thousand	86.60
13	Denmark	68 thousand	76.00
14	Faroe Islands	67 thousand	-
15	Macao SAR China	67 thousand	56.80
16	Australia	65 thousand	74.20
17	Netherlands	63 thousand	64.70
18	Austria	57 thousand	67.30
19	Sweden	56 thousand	62.50
20	Finland	54 thousand	66.20
21	Belgium	53 thousand	63.70
22	Canada	53 thousand	68.20
23	United Arab Emirates	53 thousand	57.70
24	Germany Freelance visa Work visa The Blue Card The Chance Card Study visa Career Counseling Career support	53 thousand	63.50
25	Israel	52 thousand	65.20
26	Hong Kong SAR China	51 thousand	71.50
27	United Kingdom	49 thousand	64.50
28	New Zealand	49 thousand	68.10
29	Andorra	47 thousand	-
30	France	44 thousand	66.90
31	Guam	40 thousand	-
32	Sint Maarten	39 thousand	-
33	Italy Visa Digital Nomad Study visa	38 thousand	59.60
34	Malta	38 thousand	55.70
35	Kuwait	38 thousand	43.80
36	Puerto Rico	37 thousand	64.80
37	New Caledonia	36 thousand	-
38	Bahamas	35 thousand	88.80
39	Cyprus	35 thousand	56.90
40	Japan	34 thousand	50.90
41	Brunei	33 thousand	51.60
42	Aruba	33 thousand	-
43	South Korea	33 thousand	63.80
44	Spain Visa Digital Nomad Startup Visa Study visa Financially Independent Residence Permit	33 thousand	48.60
45	Slovenia	32 thousand	49.80
46	Turks & Caicos Islands	30 thousand	-
47	Czechia	30 thousand	49.40
48	Estonia	30 thousand	53.60
49	Bahrain	29 thousand	52.50
50	Saudi Arabia	29 thousand	47.40
51	Portugal Visa Digital Nomad Financially Independent Residence Permit Freelance visa Study visa Startup visa	27 thousand	46.90
52	Lithuania	27 thousand	48.90
53	Slovakia	24 thousand	48.10
54	Oman	23 thousand	44.40
55	Latvia	23 thousand	51.10
56	Greece	23 thousand	54.90
57	Barbados	23 thousand	79.20
58	Uruguay	23 thousand	55.40
59	St. Kitts & Nevis	23 thousand	-
60	Hungary Visa Digital Nomad Business Residence Permit	22 thousand	44.40
61	Poland	22 thousand	42.10
62	Antigua & Barbuda	22 thousand	-
63	Croatia Visa Digital Nomad	21 thousand	46.10
64	Guyana	21 thousand	45.10
65	Curaçao	20 thousand	-
66	American Samoa	20 thousand	-
67	French Polynesia	19 thousand	-
68	Panama	19 thousand	47.80
69	Romania	18 thousand	39.00
70	Trinidad & Tobago	18 thousand	53.30
71	Seychelles	18 thousand	-
72	Chile	17 thousand	41.60
73	Costa Rica	17 thousand	53.90
74	Bulgaria Business Residence Permit	16 thousand	39.50
75	Palau	15 thousand	-
76	St. Lucia	14 thousand	-
77	Mexico	14 thousand	43.10
78	Russia	14 thousand	30.60
79	Argentina	14 thousand	27.90
80	Kazakhstan	13 thousand	33.60
81	Turkey Visa Digital Nomad	13 thousand	33.90
82	Maldives	13 thousand	50.20
83	China	13 thousand	34.60
84	Nauru	12 thousand	-
85	Montenegro Visa Digital Nomad Business Residence Permit	12 thousand	41.40
86	Malaysia	12 thousand	30.70
87	Mauritius	11 thousand	41.10
88	Serbia Business Residence Permit	11 thousand	38.40
89	Dominican Republic	11 thousand	38.80
90	Grenada	10 thousand	-
91	St. Vincent & Grenadines	10 thousand	-
92	Brazil	10 thousand	35.20
93	Turkmenistan	9 thousand	-
94	Dominica	9 thousand	-
95	Armenia	9 thousand	39.40
96	Bosnia & Herzegovina	8 thousand	35.10
97	Gabon	8 thousand	-
98	Albania	8 thousand	41.30
99	North Macedonia	8 thousand	34.20
100	Georgia	8 thousand	37.40
101	Belize	8 thousand	48.40
102	Belarus	8 thousand	27.10
103	Peru	8 thousand	31.80
104	Libya	7 thousand	21.70
105	Botswana	7 thousand	30.50
106	Thailand	7 thousand	36.00
107	Azerbaijan	7 thousand	31.20
108	Equatorial Guinea	7 thousand	-
109	Colombia	7 thousand	30.80
110	Jamaica	7 thousand	53.60
111	Marshall Islands	7 thousand	-
112	Moldova	7 thousand	34.90
113	Ecuador	7 thousand	33.40
114	Paraguay	6 thousand	27.40
115	South Africa	6 thousand	33.40
116	Suriname	6 thousand	-
117	Kosovo (Disputed Territory)	6 thousand	31.20
118	Fiji	6 thousand	34.30
119	Guatemala	6 thousand	37.60
120	Mongolia	6 thousand	32.80
121	Iraq	6 thousand	30.40
122	Tuvalu	5 thousand	-
123	El Salvador	5 thousand	41.30
124	Algeria	5 thousand	29.50
125	Ukraine	5 thousand	28.90
126	Indonesia	5 thousand	28.50
127	Namibia	5 thousand	30.20
128	Tonga	5 thousand	-
129	Iran	5 thousand	27.00
130	Jordan	4 thousand	43.10
131	Vietnam	4 thousand	30.70
132	Cape Verde	4 thousand	-
133	Samoa	4 thousand	-
134	Micronesia	4 thousand	-
135	Tunisia	4 thousand	28.90
136	Sri Lanka	4 thousand	32.30
137	Eswatini	4 thousand	-
138	Philippines	4 thousand	33.70
139	Bhutan	4 thousand	-
140	Bolivia	4 thousand	28.40
141	Morocco	4 thousand	30.30
142	Djibouti	4 thousand	-
143	Egypt	4 thousand	28.70
144	Vanuatu	3 thousand	-
145	Lebanon	3 thousand	47.60
146	Honduras	3 thousand	37.00
147	Papua New Guinea	3 thousand	-
148	Côte d’Ivoire	3 thousand	44.70
149	São Tomé & Príncipe	3 thousand	-
150	Nicaragua	3 thousand	33.40
151	Bangladesh	3 thousand	24.80
152	Congo - Brazzaville	3 thousand	-
153	Uzbekistan	2 thousand	26.90
154	India	2 thousand	22.20
155	Angola	2 thousand	-
156	Sudan	2 thousand	-
157	Ghana	2 thousand	26.60
158	Solomon Islands	2 thousand	-
159	Mauritania	2 thousand	-
160	Kiribati	2 thousand	-
161	Laos	2 thousand	-
162	Kyrgyzstan	2 thousand	27.20
163	Kenya	2 thousand	24.60
164	Cambodia	2 thousand	38.50
165	Senegal	2 thousand	45.10
166	Haiti	2 thousand	-
167	Cameroon	2 thousand	39.60
168	Guinea	2 thousand	-
169	Timor-Leste	2 thousand	-
170	Nigeria	2 thousand	19.00
171	Zimbabwe	2 thousand	36.80
172	Comoros	2 thousand	-
173	Benin	1 thousand	-
174	Pakistan	1 thousand	18.50
175	Zambia	1 thousand	39.80
176	Nepal	1 thousand	26.90
177	Ethiopia	1 thousand	43.10
178	Tanzania	1 thousand	26.30
179	Tajikistan	1 thousand	-
180	Myanmar (Burma}	1 thousand	38.70
181	Uganda	1 thousand	30.70
182	Togo	1 thousand	-
183	Rwanda	1 thousand	25.80
184	Guinea-Bissau	914	-
185	Mali	897	-
186	Lesotho	878	-
187	Burkina Faso	874	-
188	Gambia	844	-
189	Liberia	800	-
190	Chad	719	-
191	Malawi	673	-
192	Congo - Kinshasa	649	-
193	Somalia	644	28.70
194	Niger	618	-
195	Mozambique	608	45.20
196	Yemen	533	56.30
197	Madagascar	529	25.50
198	Central African Republic	445	-
199	Sierra Leone	433	-
200	Afghanistan	353	23.40
201	Burundi	200	-
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Top 10 countries with the highest GDP per capita

All the leaders of the rating are dwarf states that do not have large reserves of natural resources. The leader of the rating is the Principality of Monaco, a tiny state in the South of Europe, in which less than 40 thousand people live: one citizen of Monaco produces goods or services for the state for $240,862 a year. Liechtenstein is in second place, a country with an even smaller number of inhabitants and with a GDP per capita of $187,267. Luxembourg occupies an honorable third place – a highly developed industrial state, one of the most prosperous in Europe, where the per capita GDP is $128,259.

From the fourth place in the ranking and further descending are the following leaders: Bermuda ($123,091), Ireland ($103,685), Switzerland ($99,995), Cayman Islands ($96,074), Norway ($87,962), Qatar ($87,480) and Singapore ($84,734).

Montenegro is not among the top 10 countries with the highest GDP per capita, it offers attractive living conditions and investments. Thanks to the picturesque landscape and promising economy, Montenegro is becoming an interesting option for those who want to obtain a residence permit in Europe. Explore the details of the residence permit program in Montenegro and discover the possibilities of living in this unique country.

Top 10 countries with the lowest GDP per capita

The lowest GDP per capita in the world falls on African countries, which mainly belong to former colonies. The main outsider on the list in 2024 is the small African country of Burundi, where the average citizen produces about $200 worth of goods and services per year. Afghanistan has been in second place since the end, with a per capita GDP of $353. He is an exception to the list, as he is not located in Africa, but the country has been significantly undermined by military conflicts. And in third place is Sierra Leone, a country in West Africa with a population of 7.7 million people and a GDP of $433.

The fourth lowest figure for the Central African Republic (CAR) is $445. This is also followed mainly by the countries of the African region: Madagascar (529), the South-West Asian country Yemen ($533), Mozambique ($608), Niger ($618), Somalia ($644) and Congo - Kinshasa ($649).

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