List of countries by GDP (nominal) per capita facts for kids

>$60,000 $50,000 - $60,000 $40,000 - $50,000 $30,000 - $40,000 | $20,000 - $30,000 $10,000 - $20,000 $5,000 - $10,000 $2,500 - $5,000 | $1,000 - $2,500 $500 - $1,000 <$500 No data |
This page lists countries and areas by their GDP per person. GDP is the total value of all goods and services made in a country in a year. When we say "per capita," it means "per person." So, GDP per capita is the average amount of money each person in a country would have if the total GDP was divided equally among everyone.
It's important to know that these numbers don't consider how much things cost in different countries. Also, the numbers can change a lot each year because of how money exchange rates go up and down. These changes can make a country's ranking shift, even if people's lives there haven't really changed.
While GDP per capita can give us an idea of how well a country's economy is doing, it doesn't tell us everything about how people live. It's not the same as how much money each person actually earns. For example, some countries might have a high GDP per capita, but the wealth might not be shared equally among all its citizens.
Another way to compare countries' economies is by using something called purchasing power parity (PPP). This method tries to adjust for how much things cost in different places. PPP helps to solve the problem of changing exchange rates. However, it doesn't show how much a country's goods are worth in international trade. Also, calculating PPP often involves more guesswork than regular GDP per capita. Generally, PPP numbers are closer together than the GDP per capita numbers you see here.
This list includes countries, continents, and some areas that are not fully independent. Countries that are not fully recognized by other nations are also listed if data is available. These areas are not usually ranked in the main list, except for Kosovo and Taiwan. Also, areas that are not fully independent are written in italics.
Some countries, like Cuba, Liechtenstein, Monaco, and North Korea, are not part of the International Monetary Fund (IMF). This means the IMF doesn't rank their economies. Kosovo is a member of the IMF even though it's not a member of the United Nations. Taiwan is also listed in IMF records, even though it's not an IMF member.
Some countries with very high GDP per capita numbers might be considered "tax havens." This means their economic data can look much higher because big companies use them to manage their taxes. Examples include Bermuda, the Cayman Islands, Ireland, and Luxembourg.
All the money amounts in this list are shown in United States dollars. You can find older information about these numbers here.
How Countries Compare
This table first ranks each country or area based on the IMF's estimate. You can also sort the table by the numbers from the World Bank or the United Nations.
Country/Territory | UN Region | IMF | World Bank | United Nations | |||
---|---|---|---|---|---|---|---|
Estimate | Year | Estimate | Year | Estimate | Year | ||
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Europe | N/A | 240,862 | 2022 | 234,317 | 2021 | |
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Europe | N/A | 197,505 | 2021 | 169,260 | 2021 | |
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Europe | 131,384 | 2024 | 125,006 | 2022 | 133,745 | 2021 |
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Americas | N/A | 118,775 | 2022 | 112,653 | 2021 | |
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Europe | 106,059 | 2024 | 103,983 | 2022 | 101,109 | 2021 |
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Europe | 105,669 | 2024 | 93,260 | 2022 | 93,525 | 2021 |
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Americas | N/A | 99,625 | 2022 | 85,250 | 2021 | |
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Europe | 94,660 | 2024 | 108,729 | 2022 | 89,242 | 2021 |
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Asia | 88,447 | 2024 | 82,808 | 2022 | 66,822 | 2021 |
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Americas | 85,373 | 2024 | 76,330 | 2022 | 69,185 | 2021 |
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Europe | 84,594 | 2024 | 73,467 | 2022 | 69,133 | 2021 |
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Asia | 81,400 | 2024 | 87,662 | 2022 | 66,799 | 2021 |
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Europe | N/A | 79,531 | 2020 | N/A | ||
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Asia | 78,962 | 2024 | 34,585 | 2022 | 43,555 | 2021 |
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Europe | 68,898 | 2024 | 67,790 | 2022 | 68,037 | 2021 |
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Europe | N/A | 67,961 | 2021 | N/A | ||
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Europe | N/A | 66,979 | 2022 | N/A | ||
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Oceania | 66,589 | 2024 | 65,100 | 2022 | 66,916 | 2021 |
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Europe | 63,750 | 2024 | 57,025 | 2022 | 57,871 | 2021 |
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Europe | 59,405 | 2024 | 54,983 | 2021 | 50,425 | 2021 |
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Europe | 59,225 | 2024 | 52,085 | 2022 | 53,840 | 2021 |
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Europe | 58,529 | 2024 | 56,424 | 2022 | 60,730 | 2021 |
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Americas | N/A | 57,116 | 2021 | 58,185 | 2021 | |
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Europe | 55,536 | 2024 | 49,927 | 2022 | 51,166 | 2021 |
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Europe | 55,127 | 2024 | 50,872 | 2022 | 53,703 | 2021 |
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Americas | 54,866 | 2024 | 55,522 | 2022 | 52,112 | 2021 |
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Europe | 54,291 | 2024 | 48,718 | 2022 | 51,073 | 2021 |
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Asia | 53,916 | 2024 | 53,708 | 2022 | 43,295 | 2021 |
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Asia | 53,606 | 2024 | 48,984 | 2022 | 49,259 | 2021 |
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Asia | 53,372 | 2024 | 54,931 | 2022 | 54,111 | 2021 |
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Europe | 51,075 | 2024 | 46,125 | 2022 | 46,542 | 2021 |
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Americas | N/A | N/A | 49,444 | 2021 | ||
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Oceania | 48,531 | 2024 | 48,419 | 2022 | 48,824 | 2021 |
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Europe | 47,359 | 2024 | 40,886 | 2022 | 44,229 | 2021 |
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Europe | 44,900 | 2024 | 41,993 | 2022 | 42,066 | 2021 |
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Europe | 42,440 | 2024 | 37,433 | 2022 | 31,875 | 2021 |
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Americas | N/A | 41,976 | 2021 | N/A | ||
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Europe | 41,738 | 2024 | 34,128 | 2022 | 33,642 | 2021 |
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Europe | 39,580 | 2024 | 34,776 | 2022 | 37,150 | 2021 |
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Americas | 38,018 | 2024 | 33,301 | 2022 | 29,342 | 2021 |
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Americas | 37,172 | 2024 | 35,209 | 2022 | 32,716 | 2021 |
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Asia | 37,149 | 2024 | 32,048 | 2022 | 32,281 | 2021 |
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Oceania | N/A | 35,905 | 2021 | N/A | ||
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Americas | N/A | 35,873 | 2022 | 26,199 | 2021 | |
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Oceania | N/A | 35,745 | 2022 | 34,994 | 2021 | |
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Americas | 35,257 | 2024 | 31,458 | 2022 | 27,478 | 2021 |
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Asia | 35,111 | 2024 | 37,153 | 2022 | 31,449 | 2021 |
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Asia | 34,432 | 2024 | N/A | N/A | ||
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Asia | 34,165 | 2024 | 32,423 | 2022 | 34,940 | 2021 |
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Europe | 34,045 | 2024 | 29,675 | 2022 | 30,058 | 2021 |
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Europe | 34,026 | 2024 | 28,439 | 2022 | 29,135 | 2021 |
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Asia | 33,138 | 2024 | 34,017 | 2022 | 39,650 | 2021 |
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Asia | 33,040 | 2024 | 30,448 | 2022 | 23,186 | 2021 |
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Europe | 31,855 | 2024 | 28,247 | 2022 | 27,991 | 2021 |
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Asia | 31,724 | 2024 | 41,080 | 2022 | 32,150 | 2021 |
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Europe | 29,801 | 2024 | 27,227 | 2022 | 26,809 | 2021 |
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Europe | 28,969 | 2024 | 24,515 | 2022 | 24,651 | 2021 |
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Asia | 28,876 | 2024 | 30,147 | 2022 | 26,563 | 2021 |
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Europe | 28,407 | 2024 | 25,065 | 2022 | 23,844 | 2021 |
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Americas | 26,592 | 2024 | 18,200 | 2022 | 9,999 | 2021 |
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Europe | 25,935 | 2024 | 21,257 | 2022 | 21,390 | 2021 |
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Americas | N/A | 24,918 | 2022 | 20,909 | 2021 | |
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Europe | 24,194 | 2024 | 21,780 | 2022 | 21,267 | 2021 |
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Europe | 23,966 | 2024 | 20,867 | 2022 | 20,571 | 2021 |
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Americas | 23,705 | 2024 | 20,262 | 2022 | 18,083 | 2021 |
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Americas | 23,596 | 2024 | 20,239 | 2022 | 17,225 | 2021 |
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Europe | 23,319 | 2024 | 18,390 | 2022 | 18,728 | 2021 |
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Americas | 23,088 | 2024 | 20,795 | 2022 | 17,313 | 2021 |
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Europe | 23,014 | 2024 | 18,688 | 2022 | 17,736 | 2021 |
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Europe | 22,966 | 2024 | 18,570 | 2022 | 16,983 | 2021 |
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Africa | 21,875 | 2024 | 13,251 | 2022 | 12,085 | 2021 |
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Asia | 20,913 | 2024 | 25,057 | 2022 | 19,509 | 2021 |
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Americas | 20,533 | 2024 | 19,920 | 2022 | 15,246 | 2021 |
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Americas | N/A | 20,502 | 2022 | 14,183 | 2021 | |
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Americas | N/A | 20,321 | 2021 | N/A | ||
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Americas | 19,861 | 2024 | 19,630 | 2022 | 16,033 | 2021 |
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Oceania | N/A | 19,673 | 2022 | N/A | ||
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Europe | 19,530 | 2024 | 15,787 | 2022 | 14,698 | 2021 |
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Americas | 19,369 | 2024 | 17,358 | 2022 | 14,618 | 2021 |
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Oceania | N/A | N/A | 19,264 | 2021 | ||
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Americas | N/A | N/A | 19,216 | 2021 | ||
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Oceania | N/A | 18,985 | 2022 | 19,915 | 2021 | |
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Americas | 18,031 | 2024 | 13,365 | 2022 | 12,472 | 2021 |
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Asia | 17,818 | 2024 | 11,781 | 2022 | 10,366 | 2021 |
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Oceania | 17,441 | 2024 | 12,922 | 2021 | 12,084 | 2021 |
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Oceania | N/A | 17,303 | 2020 | N/A | ||
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Europe | 16,943 | 2024 | 13,974 | 2022 | 12,207 | 2021 |
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Americas | 16,616 | 2024 | 15,356 | 2022 | 16,265 | 2021 |
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Americas | N/A | N/A | 16,199 | 2021 | ||
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Americas | 15,249 | 2024 | 11,497 | 2022 | 10,046 | 2021 |
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Asia | 14,778 | 2024 | 11,492 | 2022 | 10,055 | 2021 |
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Europe | 14,391 | 2024 | 15,271 | 2022 | 12,259 | 2021 |
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Americas | 14,101 | 2024 | 13,031 | 2022 | 9,824 | 2021 |
World | 13,840 | 2024 | 12,688 | 2022 | 12,230 | 2021 | |
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Asia | 13,315 | 2024 | 11,993 | 2022 | 11,101 | 2021 |
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Asia | 13,136 | 2024 | 12,720 | 2022 | 12,437 | 2021 |
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Africa | 12,973 | 2024 | 10,256 | 2022 | 8,873 | 2021 |
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Americas | 12,812 | 2024 | 13,651 | 2022 | 10,761 | 2021 |
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Asia | 12,765 | 2024 | 10,675 | 2022 | 9,661 | 2021 |
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Europe | 12,646 | 2024 | 10,093 | 2022 | 9,252 | 2021 |
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Asia | 12,412 | 2024 | 8,793 | 2022 | 8,508 | 2021 |
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Europe | 12,384 | 2024 | 9,538 | 2022 | 8,643 | 2021 |
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Oceania | 12,362 | 2024 | 11,971 | 2022 | 12,390 | 2021 |
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Americas | 12,255 | 2024 | 9,689 | 2022 | 8,950 | 2021 |
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Americas | 11,774 | 2024 | 10,111 | 2022 | 8,477 | 2021 |
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Americas | 11,352 | 2024 | 8,918 | 2022 | 8,170 | 2021 |
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Americas | N/A | 9,500 | 2020 | 11,255 | 2021 | |
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Americas | 10,150 | 2024 | 9,125 | 2022 | 8,440 | 2021 |
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Americas | 9,455 | 2024 | 8,351 | 2022 | 7,571 | 2021 |
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Africa | 9,308 | 2024 | 8,820 | 2022 | 7,911 | 2021 |
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Europe | 8,924 | 2024 | 6,810 | 2022 | 6,396 | 2021 |
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Asia | 8,825 | 2024 | 6,675 | 2022 | 4,975 | 2021 |
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Asia | 8,575 | 2024 | 7,018 | 2022 | 4,967 | 2021 |
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Europe | 8,416 | 2024 | 7,569 | 2022 | 7,143 | 2021 |
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Americas | 8,291 | 2024 | 7,126 | 2022 | 6,622 | 2021 |
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Africa | 7,875 | 2024 | 7,739 | 2022 | 6,805 | 2021 |
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Asia | 7,812 | 2024 | 6,910 | 2022 | 7,067 | 2021 |
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Europe | 7,694 | 2024 | 6,592 | 2022 | 6,600 | 2021 |
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Asia | 7,641 | 2024 | 7,762 | 2022 | 5,296 | 2021 |
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Europe | 7,558 | 2024 | 7,888 | 2022 | 7,121 | 2021 |
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Europe | 7,488 | 2024 | 5,714 | 2022 | 4,468 | 2021 |
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Americas | 7,327 | 2024 | 6,624 | 2022 | 6,104 | 2021 |
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Americas | 7,309 | 2024 | 6,047 | 2022 | 5,184 | 2021 |
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Americas | 7,170 | 2024 | 6,984 | 2022 | 6,229 | 2021 |
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Africa | 6,975 | 2024 | 6,716 | 2022 | 5,791 | 2021 |
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Africa | 6,733 | 2024 | 7,182 | 2022 | 7,605 | 2021 |
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Oceania | 6,711 | 2024 | 6,225 | 2022 | 6,111 | 2021 |
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Americas | 6,702 | 2024 | 5,859 | 2022 | 5,259 | 2021 |
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Americas | 6,567 | 2024 | 6,391 | 2022 | 5,965 | 2021 |
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Europe | 6,389 | 2024 | 5,340 | 2022 | 5,663 | 2021 |
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Oceania | 6,287 | 2024 | 5,356 | 2022 | 4,647 | 2021 |
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Asia | 6,182 | 2024 | 5,046 | 2022 | 4,510 | 2021 |
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Oceania | 6,001 | 2024 | 5,222 | 2022 | 5,370 | 2021 |
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Americas | 5,984 | 2024 | 6,153 | 2022 | 6,035 | 2021 |
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Asia | 5,979 | 2024 | 5,937 | 2022 | 4,686 | 2021 |
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Africa | 5,975 | 2024 | 6,767 | 2022 | 7,055 | 2021 |
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Oceania | 5,840 | 2024 | 4,426 | 2021 | 4,451 | 2021 |
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Africa | 5,722 | 2024 | 4,343 | 2022 | 3,700 | 2021 |
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Americas | 5,678 | 2024 | 5,473 | 2022 | 4,883 | 2021 |
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Europe | 5,663 | 2024 | 4,534 | 2022 | 4,596 | 2021 |
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Americas | 5,537 | 2024 | 5,127 | 2022 | 4,551 | 2021 |
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Asia | 5,271 | 2024 | 4,788 | 2022 | 4,333 | 2021 |
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Oceania | 5,120 | 2024 | 3,714 | 2022 | 3,573 | 2021 |
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Oceania | 4,840 | 2024 | 3,746 | 2022 | 3,919 | 2021 |
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Africa | 4,745 | 2024 | 5,031 | 2022 | 4,836 | 2021 |
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Asia | 4,705 | 2024 | 4,311 | 2022 | 4,058 | 2021 |
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Africa | 4,656 | 2024 | 3,754 | 2022 | 3,293 | 2021 |
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Asia | 4,623 | 2024 | 4,164 | 2022 | 3,756 | 2021 |
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Africa | 4,435 | 2024 | 3,747 | 2022 | 3,807 | 2021 |
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Africa | 4,324 | 2024 | 3,987 | 2022 | 3,969 | 2021 |
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Africa | 4,184 | 2024 | 3,136 | 2022 | 3,348 | 2021 |
Lua error: too many expensive function calls. | Asia | 4,130 | 2024 | 3,499 | 2022 | 3,461 | 2021 |
Lua error: too many expensive function calls. | Africa | 4,078 | 2024 | 3,442 | 2022 | 3,853 | 2021 |
Lua error: too many expensive function calls. | Americas | 4,014 | 2024 | 3,600 | 2022 | 3,345 | 2021 |
Lua error: too many expensive function calls. | Asia | 4,014 | 2024 | 3,560 | 2021 | 3,063 | 2021 |
Lua error: too many expensive function calls. | Americas | 3,867 | 2024 | 15,976 | 2014 | 3,965 | 2021 |
Lua error: too many expensive function calls. | Oceania | 3,734 | 2024 | 3,231 | 2022 | 3,073 | 2021 |
Lua error: too many expensive function calls. | Americas | 3,505 | 2024 | 3,040 | 2022 | 2,772 | 2021 |
Lua error: too many expensive function calls. | Asia | 3,396 | 2023 | 3,789 | 2022 | 3,514 | 2021 |
Lua error: too many expensive function calls. | Asia | 3,342 | 2022 | 3,354 | 2022 | 3,918 | 2021 |
Lua error: too many expensive function calls. | Asia | 3,283 | 2022 | 4,136 | 2021 | 6,785 | 2021 |
Lua error: too many expensive function calls. | Africa | 3,225 | 2024 | 4,295 | 2022 | 3,898 | 2021 |
Lua error: too many expensive function calls. | Africa | 3,167 | 2024 | 2,387 | 2022 | 2,486 | 2021 |
Lua error: too many expensive function calls. | Americas | 2,791 | 2024 | 2,255 | 2022 | 2,046 | 2021 |
Lua error: too many expensive function calls. | Asia | 2,731 | 2024 | 2,411 | 2022 | 2,274 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,717 | 2024 | 2,486 | 2022 | 2,539 | 2021 |
Lua error: too many expensive function calls. | Asia | 2,666 | 2024 | 2,255 | 2022 | 2,032 | 2021 |
Lua error: too many expensive function calls. | Asia | 2,646 | 2024 | 2,688 | 2022 | 2,450 | 2021 |
Lua error: too many expensive function calls. | Asia | 2,628 | 2024 | 1,760 | 2022 | 1,608 | 2021 |
Lua error: too many expensive function calls. | Oceania | 2,530 | 2024 | 3,116 | 2022 | 2,673 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,457 | 2024 | 2,649 | 2022 | 2,200 | 2021 |
Lua error: too many expensive function calls. | Oceania | 2,446 | 2024 | 1,702 | 2022 | 1,765 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,432 | 2024 | 3,000 | 2022 | 2,258 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,347 | 2024 | 2,065 | 2022 | 2,166 | 2021 |
Lua error: too many expensive function calls. | Oceania | 2,253 | 2024 | 2,205 | 2022 | 2,306 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,230 | 2024 | 2,204 | 2022 | 2,409 | 2021 |
Lua error: too many expensive function calls. | Africa | 2,088 | 2024 | 1,677 | 2022 | 1,508 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,983 | 2024 | 2,099 | 2022 | 2,082 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,976 | 2024 | 2,054 | 2022 | 2,569 | 2021 |
Lua error: too many expensive function calls. | Americas | 1,941 | 2024 | 1,748 | 2022 | 1,664 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,922 | 2024 | 1,655 | 2022 | 1,339 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,910 | 2024 | 1,028 | 2022 | 825 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,900 | 2024 | 1,599 | 2022 | 1,637 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,815 | 2024 | 1,564 | 2022 | 1,668 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,651 | 2024 | 1,515 | 2022 | 1,185 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,512 | 2024 | 1,303 | 2022 | 1,361 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,461 | 2023 | 1,589 | 2022 | 1,480 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,454 | 2024 | 2,389 | 2022 | 1,517 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,413 | 2024 | 1,457 | 2022 | 1,095 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,397 | 2024 | 1,337 | 2022 | 1,159 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,384 | 2024 | 1,485 | 2022 | 1,631 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,271 | 2024 | 1,054 | 2022 | 897 | 2021 |
Lua error: too many expensive function calls. | Asia | 1,248 | 2024 | 1,149 | 2022 | 1,089 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,220 | 2024 | 1,193 | 2022 | 1,136 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,202 | 2024 | 964 | 2022 | 930 | 2021 |
Lua error: too many expensive function calls. | Africa | N/A | 1,192 | 2022 | 1,211 | 2021 | |
Lua error: too many expensive function calls. | Africa | 1,110 | 2024 | 2,163 | 2022 | 2,019 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,107 | 2024 | 970 | 2022 | 1,040 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,087 | 2024 | 776 | 2022 | 759 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,058 | 2024 | 943 | 2022 | 944 | 2021 |
Lua error: too many expensive function calls. | Africa | 1,014 | 2024 | 717 | 2022 | 955 | 2021 |
Lua error: too many expensive function calls. | Africa | 989 | 2024 | 966 | 2022 | 822 | 2021 |
Lua error: too many expensive function calls. | Africa | 989 | 2024 | 808 | 2022 | 772 | 2021 |
Lua error: too many expensive function calls. | Asia | 929 | 2018 | 4,670 | 2022 | 6,766 | 2021 |
Lua error: too many expensive function calls. | Africa | 910 | 2024 | 830 | 2022 | 893 | 2021 |
Lua error: too many expensive function calls. | Africa | 899 | 2024 | 833 | 2022 | 875 | 2021 |
Lua error: too many expensive function calls. | Africa | 855 | 2024 | 755 | 2022 | 471 | 2021 |
Lua error: too many expensive function calls. | Africa | 776 | 2024 | 592 | 2022 | 447 | 2021 |
Lua error: too many expensive function calls. | Africa | 715 | 2024 | 654 | 2022 | 551 | 2021 |
Lua error: too many expensive function calls. | Africa | 670 | 2024 | 585 | 2022 | 591 | 2021 |
Lua error: too many expensive function calls. | Africa | 659 | 2024 | 558 | 2022 | 492 | 2021 |
Lua error: too many expensive function calls. | Asia | N/A | N/A | 654 | 2021 | ||
Lua error: too many expensive function calls. | Africa | N/A | 644 | 2011 | 623 | 2021 | |
Lua error: too many expensive function calls. | Africa | 547 | 2024 | 1,102 | 2022 | 786 | 2021 |
Lua error: too many expensive function calls. | Africa | 538 | 2024 | 517 | 2022 | 500 | 2021 |
Lua error: too many expensive function calls. | Africa | 538 | 2024 | 427 | 2022 | 461 | 2021 |
Lua error: too many expensive function calls. | Africa | 527 | 2024 | 476 | 2022 | 505 | 2021 |
Lua error: too many expensive function calls. | Asia | 486 | 2024 | 650 | 2022 | 302 | 2021 |
Lua error: too many expensive function calls. | Africa | 481 | 2024 | 645 | 2022 | 613 | 2021 |
Lua error: too many expensive function calls. | Africa | 422 | 2024 | 1,072 | 2015 | 400 | 2021 |
Lua error: too many expensive function calls. | Asia | 422 | 2022 | 356 | 2021 | 373 | 2021 |
Lua error: too many expensive function calls. | Asia | N/A | 421 | 2021 | 925 | 2021 | |
Lua error: too many expensive function calls. | Africa | 230 | 2024 | 259 | 2022 | 311 | 2021 |
Notes:
- Data is not available for some areas like the Falkland Islands, Gibraltar, and Vatican City.
- Most links in the table go to pages about the "Economy of" that country or area.
Why Some GDP Numbers Can Look Different
Some places that are known as tax havens might have GDP per capita numbers that seem very high. This is because big international companies use these places to handle their money in ways that help them pay less tax. This can make the country's economic data look much larger than it actually is for the people living there.
For example, Ireland's GDP numbers can seem very high. This is because many foreign companies do their tax planning there. To get a clearer picture, Ireland's central bank created something called "modified GNI" (or GNI*). This new way of measuring helps to show the true economic activity in Ireland. The OECD and IMF now use this for Ireland. In 2015, Ireland's GDP was 143% of its modified GNI*.
Many financial investments around the world are just money passing through "empty corporate shells" in tax havens. These are companies that don't do much real business. They are often set up just for tax reasons. Places like the Netherlands, Luxembourg, Bermuda, the Cayman Islands, and Ireland are known for this.
You can learn more about this topic in the List of countries by GDP (PPP) per capita article.
See also
In Spanish: Anexo:Países por PIB (nominal) per cápita para niños
- List of countries by GDP (PPP) per capita
- List of countries by GDP (nominal)
- List of IMF ranked countries by GDP, IMF ranked GDP (nominal), GDP (nominal) per capita, GDP (PPP), GDP (PPP) per capita, Population, and PPP
- List of countries by average wage
- List of countries by external debt