* indicates monthly or quarterly data series

GDP per capita, Purchasing Power Parity, 2022:

The average for 2022 based on 179 countries was 22555 U.S. dollars. The highest value was in Luxembourg: 117747 U.S. dollars and the lowest value was in Burundi: 708 U.S. dollars. The indicator is available from 1990 to 2022. Below is a chart for all countries where data are available.

Measure: U.S. dollars; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries GDP per capita, PPP, 2022 Global rank Available data
Luxembourg 117747 1 1990 - 2022
Ireland 112445 2 1990 - 2022
Singapore 108036 3 1990 - 2022
Qatar 96558 4 2000 - 2022
Bermuda 81166 5 1990 - 2022
UA Emirates 74918 6 1990 - 2022
Switzerland 72278 7 1990 - 2022
Norway 67296 8 1990 - 2022
USA 64623 9 1990 - 2022
Denmark 59935 10 1990 - 2022
Netherlands 59249 11 1990 - 2022
Brunei 58670 12 1990 - 2022
Hong Kong 58479 13 1990 - 2022
Austria 55867 14 1990 - 2022
Iceland 55567 15 1995 - 2022
Sweden 55359 16 1990 - 2022
Germany 53970 17 1990 - 2022
Belgium 53287 18 1990 - 2022
Bahrain 51855 19 1990 - 2022
Macao 51840 20 1990 - 2022
Australia 51090 21 1990 - 2022
Saudi Arabia 50188 22 1990 - 2022
Kuwait 49400 23 1992 - 2022
Canada 49296 24 1990 - 2022
Finland 49275 25 1990 - 2022
Malta 48642 26 1990 - 2022
UK 47587 27 1990 - 2022
France 45904 28 1990 - 2022
South Korea 45560 29 1990 - 2022
New Zealand 45185 30 1990 - 2022
Cyprus 44996 31 1990 - 2022
Israel 44393 32 1995 - 2022
Italy 44292 33 1990 - 2022
Japan 41838 34 1990 - 2022
Aruba 41274 35 1990 - 2022
Czechia 41052 36 1990 - 2022
Slovenia 41015 37 1995 - 2022
Spain 40223 38 1990 - 2022
Lithuania 39955 39 1995 - 2022
Estonia 37712 40 1995 - 2022
Poland 37707 41 1990 - 2022
Portugal 35768 42 1990 - 2022
Guyana 35635 43 1990 - 2022
Hungary 35357 44 1991 - 2022
Oman 35337 45 1990 - 2022
Bahamas 34663 46 1990 - 2022
Croatia 34302 47 1995 - 2022
Puerto Rico 34298 48 1990 - 2022
Panama 33266 49 1990 - 2022
Slovakia 33176 50 1992 - 2022
Turkey 33150 51 1990 - 2022
Latvia 32992 52 1995 - 2022
Romania 32496 53 1990 - 2022
Greece 31704 54 1990 - 2022
Malaysia 28384 55 1990 - 2022
Russia 27450 56 1990 - 2022
Bulgaria 26961 57 1990 - 2022
Kazakhstan 26093 58 1990 - 2022
Chile 25886 59 1990 - 2022
Seychelles 25206 60 1990 - 2022
Uruguay 24427 61 1990 - 2022
Tr.&Tobago 23296 62 1990 - 2022
Mauritius 22841 63 1990 - 2022
Argentina 22461 64 1990 - 2022
Ant.& Barb. 22322 65 1990 - 2022
Montenegro 22109 66 1997 - 2022
Costa Rica 22071 67 1990 - 2022
Maldives 21271 68 1995 - 2022
Serbia 20886 69 1995 - 2022
Mexico 20255 70 1990 - 2022
Libya 19797 71 1999 - 2022
Domin. Rep. 19338 72 1990 - 2022
Belarus 19092 73 1990 - 2022
China 18188 74 1990 - 2022
Thailand 17508 75 1990 - 2022
North Macedonia 17129 76 1990 - 2022
Georgia 17078 77 1990 - 2022
Bosnia & Herz. 16737 78 1994 - 2022
Armenia 16057 79 1990 - 2022
Colombia 15617 80 1990 - 2022
Botswana 15519 81 1990 - 2022
Albania 15492 82 1990 - 2022
Iran 15461 83 1990 - 2022
Barbados 15417 84 1990 - 2022
Saint Lucia 15100 85 1990 - 2022
Azerbaijan 15094 86 1990 - 2022
Brazil 15093 87 1990 - 2022
Suriname 15048 88 1990 - 2022
Eq. Guinea 14918 89 1990 - 2022
Turkmenistan 14740 90 1990 - 2022
St. Vincent & ... 14573 91 1990 - 2022
Grenada 14463 92 1990 - 2022
Gabon 13940 93 1990 - 2022
Paraguay 13531 94 1990 - 2022
South Africa 13479 95 1990 - 2022
Moldova 13308 96 1995 - 2022
Egypt 12781 97 1990 - 2022
Peru 12744 98 1990 - 2022
Indonesia 12410 99 1990 - 2022
Fiji 12388 100 1990 - 2022
Sri Lanka 12200 101 1990 - 2022
Mongolia 12073 102 1990 - 2022
Dominica 11464 103 1990 - 2022
Vietnam 11397 104 1990 - 2022
Algeria 11198 105 1990 - 2022
Ecuador 10859 106 1990 - 2022
Ukraine 10731 107 1990 - 2022
Tunisia 10569 108 1990 - 2022
Jamaica 10108 109 1990 - 2022
Namibia 9763 110 1990 - 2022
Jordan 9491 111 1990 - 2022
Belize 9474 112 1990 - 2022
El Salvador 9396 113 1990 - 2022
Iraq 9199 114 1990 - 2022
Guatemala 9162 115 1990 - 2022
Swaziland 9059 116 1990 - 2022
Philippines 8582 117 1990 - 2022
Bolivia 8244 118 1990 - 2022
Morocco 8083 119 1990 - 2022
Uzbekistan 8073 120 1990 - 2022
Laos 7948 121 1990 - 2022
Cape Verde 7379 122 1990 - 2022
India 7112 123 1990 - 2022
Bangladesh 6263 124 1990 - 2022
Angola 5906 125 1990 - 2022
Nicaragua 5822 126 1990 - 2022
Palestine 5722 127 1994 - 2022
Honduras 5709 128 1990 - 2022
Ivory Coast 5537 129 1990 - 2022
Ghana 5480 130 1990 - 2022
Pakistan 5377 131 1990 - 2022
Mauritania 5330 132 1990 - 2022
Samoa 5156 133 1990 - 2022
Kyrgyzstan 5070 134 1990 - 2022
Djibouti 4989 135 2013 - 2022
Nigeria 4963 136 1990 - 2022
Kenya 4882 137 1990 - 2022
Tuvalu 4591 138 1990 - 2022
Cambodia 4534 139 1993 - 2022
Burma 4250 140 1990 - 2022
Tajikistan 4137 141 1990 - 2022
Nepal 4002 142 1990 - 2022
Papua N.G. 3753 143 1990 - 2022
Cameroon 3724 144 1990 - 2022
R. of Congo 3670 145 1990 - 2022
Sudan 3571 146 1990 - 2022
Senegal 3565 147 1990 - 2022
S.T.&Principe 3439 148 2001 - 2022
Benin 3435 149 1990 - 2022
Zambia 3366 150 1990 - 2022
Micronesia 3264 151 1990 - 2022
Comoros 3246 152 1990 - 2022
Haiti 2799 153 1990 - 2022
Vanuatu 2786 154 1990 - 2022
Guinea 2699 155 1990 - 2022
Tanzania 2624 156 1990 - 2022
Ethiopia 2381 157 1990 - 2022
Rwanda 2365 158 1990 - 2022
Uganda 2280 159 1990 - 2022
Solomon Isl. 2248 160 1990 - 2022
Lesotho 2240 161 1990 - 2022
Zimbabwe 2208 162 1990 - 2022
Togo 2203 163 1990 - 2022
Burkina Faso 2159 164 1990 - 2022
Mali 2133 165 1990 - 2022
Gambia 2114 166 1990 - 2022
Kiribati 2003 167 1990 - 2022
G.-Bissau 1855 168 1990 - 2022
Sierra Leone 1635 169 1990 - 2022
Madagascar 1502 170 1990 - 2022
Malawi 1467 171 1990 - 2022
Liberia 1461 172 2000 - 2022
Somalia 1449 173 2013 - 2022
Chad 1413 174 1990 - 2022
Niger 1275 175 1990 - 2022
Mozambique 1251 176 1990 - 2022
DR Congo 1133 177 1990 - 2022
C.A. Republic 824 178 1990 - 2022
Burundi 708 179 1990 - 2022



Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.
Is the world income inequality getting smaller?

If poor countries grow faster than rich countries, over time they will catch up in terms of their level of income measured by GDP per capita in PPP terms. This process is called income convergence. Alternatively, incomes would diverge if the rich countries grow more rapidly than poor countries. If economic growth is the same everywhere, then the differences in income across countries would remain the same. There are two main reasons for why incomes across countries might converge over time.

Technology spillover. One reason is that innovations and technologies that are developed in the rich countries soon become available in the poor countries. That happens, for example, through foreign direct investment as companies from the rich countries bring new technologies to the poor countries. When the same technology is available everywhere, then incomes would also tend to become equal over time because technology is an important ingredient of economic development.

Based on that argument, incomes would converge faster if a poor country is ready to use the advanced technology. If it has an educated work force and stable political and economic conditions, the technological spillover is more likely to occur. Conversely, if its education system and institutions are not well developed, the new technology cannot be adopted. The income of the country will lag behind the income of countries with better education and institutions.

Diminishing returns. The second reason is that investments in the rich countries are less profitable than investments in the poor countries. Think of it as follows. If an accounting firm (in a rich country) has 10 computers, one more computer will make little difference. If an accounting firm (in a poor country) has no computers at all, then buying one computer would make a big difference. The investment in that first computer would pay off handsomely. Therefore, international investment would flow primarily from the rich countries to the poor countries where profits are greater. This inflow of investment will make poor countries richer.

However, returns could also be increasing, instead of diminishing. In the example above, if the firm has many computers and much experience using them, an additional computer will be put to good use. If it has only one computer, then it may not know what to do with it. In that version of the story, adding investments to already rich firms or countries is more profitable. Then, investment flows to them and makes them even richer. Incomes around the world diverge instead of converging.

What is the evidence? There is income convergence across countries that are already fairly affluent. For example, incomes have converged significantly in the European Union and other rich countries in North America and elsewhere. Looking more broadly, there is no evidence that the incomes of poor countries in Africa, Latin America and elsewhere have gained relative to the rich countries. In fact, when it comes to the poorest countries, there has even been some income divergence.


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All articles

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