GDP Per Capita Calculator
Calculate economic output per person to measure standard of living and prosperity
GDP Per Capita Calculation
GDP Per Capita Results
Example: Real-World GDP Per Capita Analysis
Top 10 Countries by GDP Per Capita (2024)
1. Qatar: $133,254 - Resource-rich economy
2. Luxembourg: $112,623 - Financial hub
3. Singapore: $102,027 - Trading center
4. Brunei: $86,480 - Oil-dependent economy
5. Ireland: $81,686 - Tech and pharma hub
6. Norway: $76,621 - Oil wealth with strong institutions
7. UAE: $72,182 - Diversified oil economy
8. Switzerland: $66,780 - Advanced manufacturing and finance
9. United States: $65,062 - Largest economy
10. Netherlands: $59,105 - Trade and innovation
GDP Per Capita Calculation Example
United States (2024): GDP = $25.4T, Population = 334M
Calculation: $25.4T ÷ 334M = $76,047 per capita
Interpretation: High standard of living among developed nations
GDP Per Capita Ranges
Very High Income
Qatar, Luxembourg, Singapore
High Income
USA, Germany, Japan
Upper Middle
Poland, Chile, Uruguay
Middle Income
China, Brazil, Mexico
Lower Middle
India, Nigeria, Kenya
Understanding GDP Per Capita
What is GDP Per Capita?
GDP per capita is the average economic output per person in a country. It's calculated by dividing the total Gross Domestic Product by the population, providing a measure of economic well-being and standard of living.
GDP Per Capita = Total GDP ÷ Population
- Total GDP: Country's economic output
- Population: Number of people in country
Why GDP Per Capita Matters
Living Standards
- • Average income per person
- • Economic prosperity measure
- • Quality of life indicator
Country Comparisons
- • International benchmarking
- • Development level assessment
- • Economic competitiveness
Advantages
- Simple: Easy to calculate and understand
- Comparable: Standardized across countries
- Informative: Reflects economic development
Limitations
- Inequality: Doesn't show income distribution
- Non-market: Excludes unpaid work
- Environmental: Ignores sustainability costs
Types
- Nominal: Current market prices
- Real: Inflation-adjusted values
- PPP: Purchasing power adjusted