Gross Domestic Product (GDP) per capita provides a snapshot of the wealth of a nation, relative to its population. It offers a valuable perspective on the average economic output that each person would hypothetically contribute if all residents in a nation were to have equal claims on the nation's GDP.
The data paints a picture of vast disparities, challenging realities, and intriguing consistencies. It reveals some of the world's wealthiest nations, brimming with prosperity and economic growth, rubbing shoulders with countries embarking on their journeys of economic expansion or grappling with socio-political unrest and wider financial challenges.
Some notable insights from the data include:
An exploration into GDP per capita allows us to not just celebrate economic achievements but also to illuminate the challenges that lie ahead. It enables us to understand the abundance, aspiration, and adversity that frame our global economic narrative.
The data points presented are defined as follows:
To sort the data in the table, click on the column headers.
Year: 2022
Source: Gross Domestic Product per Capita (US Dollars) -The World Bank