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The 20 countries with the largest gross domestic product (GDP) per capita in 2014 (in U.S. dollars)

The statistic shows the 20 countries with the largest gross domestic product (GDP) per capita in 2014. In 2014, Germany ranked 16th with an estimated GDP of about 47,200 U.S. dollars per capita.


GDP per capita

Gross domestic product (GDP) is a strong indicator of a country’s economic performance and strength. It is measured by the added value of all final goods and services produced in a country during a specific time period or by adding every person’s income during that time period. Gross domestic product per capita is sometimes used to describe the standard of living of a population, with a higher GDP meaning a higher standard of living.

In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as can be seen in this statistic. It is estimated that gross domestic product per capita in the United States in 2020 will amount to around 58 thousand U.S. dollars, half of what Luxembourg is currently reporting. Since GDP per capita is calculated per inhabitant (hence the name), this is actually a positive sign of economic development, since it means an increase of almost 4,000 U.S. dollars. Despite the large gross domestic product in the United States, the United States had one of the highest unemployment rates amongst major industrial and emerging countries in 2013, with over 7.3 percent - the fourth highest in comparison to other major industrial and emerging countries.

The nation in the world with the second largest gross domestic product per capita is Norway. Norway’s economy has shown great signs of strength over the last few years. Over the past decade, Norway’s GDP per capita increased by more than 43 thousand U.S. dollars alone, almost doubling its amount. All in all, Norway's economy is one of the most stable and promising worldwide.

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 GDP per capita in U.S. dollars
Luxembourg 116,752.49
Norway 99,294.7
Qatar 94,743.52
Switzerland 84,343.53
Australia 62,821.52
Denmark 61,884.5
Sweden 57,556.64
Singapore 56,112.98
United States 54,678.17
Netherlands 52,248.87
Austria 51,183.05
Ireland 51,158.71
Canada 50,577.2
Finland 50,450.67
Iceland 50,006.39
Germany 47,200.96
Belgium 47,164.28
France 45,383.63
Kuwait 44,849.64
United Arab Emirates 44,770.58
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