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Projected GDP per capita Ranking

Source International Monetary Fund World Economic Outlook (October - 2024)
Date29 Oct 2024

As of 2024, Luxembourg would stay at the top of the GDP per capita ranking in nominal and PPP terms. Luxembourg would remain in the top spot of the nominal ranking for the next few years, as it is ahead of 2nd-ranked occupier Switzerland by a huge margin of $29,224. Regarding ppp per capita, Luxembourg is ahead of 2nd-ranked occupier Singapore by a low margin of Int. $2,960.

In the nominal ranking, there would be three changes in the top 10 list as Switzerland, the United States, and Macao would overtake Ireland, Iceland, and Qatar, respectively. Among the top 50, Guyana's rank would move up by 10 positions. Japan, Latvia, and Kuwait will move down by 3 positions.

In the PPP ranking, Macao SAR will overtake Ireland to become the 3rd richest economy in the world. Among the top 50, Guyana will climb 21 spots. Canada, Kuwait, and Israel will lose three spots.

Among the top 10 richest economies, Macao SAR has the fastest-growing economy with 10.62%. Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of 43.81%. Five economies will experience negative growth rates in 2024. Kuwait has the lowest growth rate of -2.72%, followed by Estonia (-0.88%).

GDP per capita ranking has been occupied by smaller economies, as among the top 10 list, only two economies (the United States and Switzerland) are in the top 20 list of gdp (nominal) ranking and only three economies (the United States, Singapore, and Switzerland) are in the top 40 lists of ppp ranking.

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GDP (Nominal) per capita Ranking
Country/Economy GDP per capita (Nominal) ($) Growth (%) GDP (Nominal) ($) Continent
2023Rank2024Rank% worlddiff 20242024Rank
Luxembourg129,8101135,3211978-1.2691.2174Europe
Switzerland101,5103106,098276629,2241.34942.320Europe
Ireland103,4662103,50037482,597-0.18560.626Europe
Norway87,703490,434465313,0671.55503.832Europe
Singapore84,734589,37056461,0642.60530.729Asia
United States82,715786,60166262,7682.7729,1681North America
Iceland83,485685,78776208140.5932.92109Europe
Macao SAR69,080977,18685588,60110.6253.4591Asia
Qatar69,541871,56895175,6181.54221.456Asia
Denmark68,6191069,273105002,2951.94412.339Europe
Netherlands64,8291167,984114911,2890.631,21818Europe
Australia64,5471265,966124772,0191.231,80214Oceania
San Marino58,2491359,841134326,1250.702.049177Europe
Austria56,8561458,669144241,172-0.59535.828Europe
Sweden55,4331557,213154131,4560.90609.024Europe
Belgium53,8541656,129164051,0841.14662.223Europe
Germany53,5651855,521174016070.014,7103Europe
Finland53,1311954,77418396747-0.21306.147Europe
Canada53,6071753,834193899401.342,2159North America
Hong Kong SAR50,5872153,165203846703.21401.841Asia
Israel52,6432053,1112138453.80.71528.131Asia
United Kingdom49,6482252,423223796881.083,5886Europe
United Arab Emirates48,1412349,550233582,8744.01545.127Asia
France46,3052548,012243471,5381.103,1747Europe
New Zealand47,4232447,072253409390.04252.254Oceania
Andorra43,8102645,279263271,7941.403.930166Europe
Malta41,2052744,140273191,1395.0024.40119Europe
Italy39,0122840,287282913,8530.672,3778Europe
Aruba36,7443039,697292875905.504.258165North America
Puerto Rico36,7792937,926302741,7711.00121.065North America
Cyprus35,0163337,767312731593.2934.79106Europe
The Bahamas35,5173236,322322621,4451.9014.83143North America
Korea35,5633136,132332611902.491,87012Asia
Spain33,8963535,789342593432.911,73115Europe
Brunei Darussalam33,5773634,872352529172.3715.71140Asia
Slovenia32,6733834,544362503281.5073.2086Europe
Taiwan Province of China32,4044033,234372401,3103.73775.022Asia
Saudi Arabia32,5303932,881382383521.531,10119Asia
Japan33,8993432,8593923722.20.324,0704Asia
Kuwait33,3213732,29040233569-2.72161.859Asia
Estonia30,1384231,53141228759-0.8843.04102Europe
Czech Republic31,6304131,366422271651.07343.045Europe
Bahrain29,2194329,573432141,7923.0447.8196Asia
Portugal27,8354429,341442122321.93303.048Europe
Guyana21,4725528,9214520942143.8123.03121South America
Lithuania26,9984528,713462072082.4382.7980Europe
Slovak Republic24,4684626,290471902,4222.25142.662Europe
Barbados23,1674824,759481791,5323.907.201156North America
Greece22,8804924,342491764172.28252.753Europe
Latvia23,1764724,223501751191.1645.5298Europe
World 13,407 13,842 3.23110,065
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GDP (PPP) per capita Ranking
Country/Economy GDP (PPP) per capita (Int. $) Growth (%) GDP (PPP) (Int. $) Continent
2023Rank2024Rank% worlddiff 20242024Rank
Luxembourg148,6941151,1461618-1.26101.9101Europe
Singapore141,5542148,18626062,9602.60880.035Asia
Macao SAR117,0334130,417353317,76910.6290.31103Asia
Ireland126,9923127,75045222,666-0.18691.942Europe
Qatar111,7895115,075547012,6761.54356.062Asia
Norway100,1546103,446642311,6291.55576.249Europe
Switzerland93,055795,83773927,6091.34851.137Europe
Brunei Darussalam86,867891,04683724,7902.3741.02138Asia
United States82,715986,60193544,4452.7729,1682North America
Denmark80,2111083,454103413,1471.94496.753Europe
Netherlands79,5861181,495113331,9600.631,46128Europe
San Marino78,1221380,305123281,1900.702.749179Europe
Taiwan Province of China74,4091579,031133231,2743.731,84321Asia
Iceland78,2501278,808143222230.5930.24151Europe
Guyana53,5853678,6671532114143.8162.65120South America
United Arab Emirates74,7141477,251163161,4154.01849.838Asia
Hong Kong SAR71,6271775,407173081,8453.21569.850Asia
Belgium71,0351873,222182992,1851.14863.836Europe
Austria71,9881673,05119299171-0.59667.244Europe
Malta69,1822172,942202981095.0040.32141Europe
Sweden70,0471971,731212931,2110.90763.641Europe
Germany69,5322070,930222908000.016,0176Europe
Australia67,9012269,475232841,4551.231,89819Oceania
Andorra67,3962368,612242808631.405.955172Europe
France63,8812465,940252692,6721.104,3599Europe
Bahrain63,4982665,345262675963.04105.699Asia
Finland63,5592564,65727264687-0.21361.361Europe
Saudi Arabia61,9332863,118282581,5391.532,11318Asia
Korea60,0463062,960292571572.493,25814Asia
Canada62,2662762,766302571951.342,58216North America
United Kingdom60,7352962,574312561921.084,28210Europe
Italy59,1653160,993322491,5810.673,59811Europe
Cyprus56,6283259,858332451,1353.2955.14128Europe
Czech Republic55,2073356,686342323,1721.07619.947Europe
Slovenia53,6323555,684352281,0021.50118.097Europe
Spain52,9083755,089362255952.912,66515Europe
Israel53,8103454,446372236430.71541.351Asia
Lithuania51,1294053,624382198232.43154.690Europe
Japan51,3993953,059392175640.326,5725Asia
New Zealand52,8563852,9834021776.30.04283.967Oceania
Aruba48,9684252,9454121638.15.505.679174North America
Poland48,7994351,629422111,3162.961,89120Europe
Kuwait50,9334149,736432031,893-2.72249.373Asia
Puerto Rico47,7184449,594442031421.00158.289North America
Portugal47,2264549,237452013581.93508.552Europe
Croatia46,0054748,811461994253.40187.281Europe
Estonia47,1284648,00847196803-0.8865.54118Europe
Russia44,5125047,299481937093.636,9094Europe
Romania44,9744847,2044919395.01.91894.234Europe
Hungary44,9614946,807501913971.48448.554Europe
World 23,374 24,469 3.23194,569