Top 10 Countries By GDP Per Capita, by Region
Visual Capitalist June 22, 2023
Top 10 Countries by GDP Per Capita in 2023
There are many ways to measure different economies against one another, but comparing countries by GDP per capita remains one of the most tried-and-true methods.
GDP per capita attempts to level the playing field by dividing a country’s economic output by its population, effectively giving the average GDP per person. A higher per capita GDP generally corresponds to higher income, consumption levels, and standards of living.
The simplicity of this metric also makes it useful for economists and policymakers to communicate levels of economic well-being to the public.
The above graphic from theWORLDMAPS ranks the top 10 countries by per capita GDP in different regions, using data from the International Monetary...