* indicates monthly or quarterly data series

GDP per capita, Purchasing Power Parity, 2022:

The average for 2022 based on 177 countries was 22410 U.S. dollars. The highest value was in Luxembourg: 115542 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 115542 1 1990 - 2022
Ireland 113871 2 1990 - 2022
Singapore 108036 3 1990 - 2022
Qatar 97097 4 2000 - 2022
Bermuda 81166 5 1990 - 2022
UA Emirates 74299 6 1990 - 2022
Switzerland 71000 7 1990 - 2022
Norway 67462 8 1990 - 2022
USA 64703 9 1990 - 2022
Denmark 59704 10 1990 - 2022
Brunei 58670 11 1990 - 2022
Netherlands 58585 12 1990 - 2022
Hong Kong 58479 13 1990 - 2022
Austria 56281 14 1990 - 2022
Iceland 55033 15 1995 - 2022
Sweden 54818 16 1990 - 2022
Germany 53560 17 1990 - 2022
Belgium 53156 18 1990 - 2022
Bahrain 51855 19 1990 - 2022
Australia 50998 20 1990 - 2022
Saudi Arabia 50023 21 1990 - 2022
Finland 49586 22 1990 - 2022
Kuwait 49169 23 1992 - 2022
Canada 48955 24 1990 - 2022
Malta 48240 25 1990 - 2022
Macao 46872 26 1990 - 2022
UK 46831 27 1990 - 2022
France 46020 28 1990 - 2022
South Korea 45467 29 1990 - 2022
New Zealand 44880 30 1990 - 2022
Israel 44272 31 1995 - 2022
Italy 43788 32 1990 - 2022
Cyprus 43620 33 1990 - 2022
Slovenia 42175 34 1995 - 2022
Czechia 41667 35 1990 - 2022
Japan 41641 36 1990 - 2022
Spain 39834 37 1990 - 2022
Lithuania 39593 38 1995 - 2022
Estonia 37826 39 1995 - 2022
Poland 36798 40 1990 - 2022
Portugal 35746 41 1990 - 2022
Oman 35337 42 1990 - 2022
Hungary 35255 43 1991 - 2022
Guyana 34420 44 1990 - 2022
Puerto Rico 34298 45 1990 - 2022
Bahamas 34197 46 1990 - 2022
Croatia 34025 47 1995 - 2022
Panama 33266 48 1990 - 2022
Slovakia 33172 49 1992 - 2022
Turkey 32998 50 1990 - 2022
Romania 32738 51 1990 - 2022
Latvia 32733 52 1995 - 2022
Greece 31517 53 1990 - 2022
Seychelles 29835 54 1990 - 2022
Malaysia 28315 55 1990 - 2022
Russia 27584 56 1990 - 2022
Bulgaria 26823 57 1990 - 2022
Kazakhstan 26093 58 1990 - 2022
Chile 25886 59 1990 - 2022
Uruguay 24427 60 1990 - 2022
Tr.&Tobago 23526 61 1990 - 2022
Mauritius 22787 62 1990 - 2022
Argentina 22447 63 1990 - 2022
Montenegro 22081 64 1997 - 2022
Costa Rica 21987 65 1990 - 2022
Ant.& Barb. 21458 66 1990 - 2022
Maldives 20980 67 1995 - 2022
Serbia 20497 68 1995 - 2022
Libya 19797 69 1999 - 2022
Mexico 19547 70 1990 - 2022
Domin. Rep. 19338 71 1990 - 2022
Belarus 19132 72 1990 - 2022
China 18188 73 1990 - 2022
Thailand 17507 74 1990 - 2022
North Macedonia 17129 75 1990 - 2022
Georgia 17034 76 1990 - 2022
Bosnia & Herz. 16703 77 1994 - 2022
Armenia 16042 78 1990 - 2022
Colombia 15652 79 1990 - 2022
Botswana 15518 80 1990 - 2022
Albania 15502 81 1990 - 2022
Iran 15308 82 1990 - 2022
Barbados 15107 83 1990 - 2022
Brazil 15093 84 1990 - 2022
Azerbaijan 15045 85 1990 - 2022
Saint Lucia 15038 86 1990 - 2022
Suriname 14922 87 1990 - 2022
Eq. Guinea 14733 88 1990 - 2022
St. Vincent & ... 14573 89 1990 - 2022
Grenada 14387 90 1990 - 2022
Gabon 13949 91 1990 - 2022
Paraguay 13531 92 1990 - 2022
South Africa 13470 93 1990 - 2022
Moldova 12905 94 1995 - 2022
Egypt 12781 95 1990 - 2022
Peru 12744 96 1990 - 2022
Indonesia 12410 97 1990 - 2022
Sri Lanka 12200 98 1990 - 2022
Mongolia 12052 99 1990 - 2022
Fiji 11963 100 1990 - 2022
Dominica 11495 101 1990 - 2022
Vietnam 11397 102 1990 - 2022
Algeria 11187 103 1990 - 2022
Ecuador 10859 104 1990 - 2022
Ukraine 10731 105 1990 - 2022
Tunisia 10578 106 1990 - 2022
Jamaica 10012 107 1990 - 2022
Belize 9698 108 1990 - 2022
Namibia 9490 109 1990 - 2022
El Salvador 9398 110 1990 - 2022
Jordan 9319 111 1990 - 2022
Iraq 9199 112 1990 - 2022
Guatemala 9162 113 1990 - 2022
Swaziland 9132 114 1990 - 2022
Philippines 8582 115 1990 - 2022
Bolivia 8201 116 1990 - 2022
Uzbekistan 8073 117 1990 - 2022
Morocco 8062 118 1990 - 2022
Laos 7948 119 1990 - 2022
Cape Verde 7692 120 1990 - 2022
India 7096 121 1990 - 2022
Bangladesh 6263 122 1990 - 2022
Angola 5906 123 1990 - 2022
Nicaragua 5822 124 1990 - 2022
Palestine 5722 125 1994 - 2022
Honduras 5709 126 1990 - 2022
Ivory Coast 5537 127 1990 - 2022
Ghana 5504 128 1990 - 2022
Pakistan 5452 129 1990 - 2022
Mauritania 5441 130 1990 - 2022
Kyrgyzstan 5194 131 1990 - 2022
Samoa 5116 132 1990 - 2022
Djibouti 4991 133 2013 - 2022
Nigeria 4963 134 1990 - 2022
Kenya 4882 135 1990 - 2022
Tuvalu 4591 136 1990 - 2022
Cambodia 4531 137 1993 - 2022
Tajikistan 4137 138 1990 - 2022
Burma 4124 139 1990 - 2022
S.T.&Principe 4013 140 2001 - 2022
Nepal 4002 141 1990 - 2022
Papua N.G. 3766 142 1990 - 2022
Cameroon 3733 143 1990 - 2022
Sudan 3571 144 1990 - 2022
Senegal 3565 145 1990 - 2022
Benin 3435 146 1990 - 2022
Zambia 3298 147 1990 - 2022
Micronesia 3265 148 1990 - 2022
Comoros 3246 149 1990 - 2022
R. of Congo 3210 150 1990 - 2022
Haiti 2799 151 1990 - 2022
Vanuatu 2786 152 1990 - 2022
Guinea 2699 153 1990 - 2022
Tanzania 2623 154 1990 - 2022
Ethiopia 2381 155 1990 - 2022
Rwanda 2365 156 1990 - 2022
Lesotho 2282 157 1990 - 2022
Uganda 2281 158 1990 - 2022
Solomon Isl. 2248 159 1990 - 2022
Togo 2209 160 1990 - 2022
Burkina Faso 2156 161 1990 - 2022
Zimbabwe 2143 162 1990 - 2022
Mali 2132 163 1990 - 2022
Gambia 2126 164 1990 - 2022
Kiribati 2003 165 1990 - 2022
G.-Bissau 1855 166 1990 - 2022
Sierra Leone 1635 167 1990 - 2022
Madagascar 1502 168 1990 - 2022
Malawi 1467 169 1990 - 2022
Liberia 1461 170 2000 - 2022
Chad 1413 171 1990 - 2022
Niger 1275 172 1990 - 2022
Mozambique 1243 173 1990 - 2022
Somalia 1155 174 2013 - 2022
DR Congo 1133 175 1990 - 2022
C.A. Republic 819 176 1990 - 2022
Burundi 708 177 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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2003
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708
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