GDP Per Capita Calculator

GDP Per Capita Calculator

Enter the GDP and Population Size of a nation in this tool, and it will instantly calculate the GDP per capita for you.

Estimate the average economic output per person using this online GDP Per Capita Calculator. Perform unlimited and accurate calculations in seconds.

Understanding GDP Per Capita

GDP (Gross Domestic Product) per capita is an important metric that breaks down a country’s economic output per individual. Economists use it to analyze the economic growth, standard of living, and prosperity of nations.

Essentially, GDP per capita shows how much value each citizen contributes to the country’s economy.

Real GDP Per Capita Formula

The formula to calculate GDP per capita is simple:

GDP Per Capita = GDP of the Country / Population of the Country

How To Calculate GDP Per Capita Growth Rate

Follow these steps to manually calculate GDP per capita:

Determine the GDP of the country.
Obtain the total population.
Divide the GDP by the population using the formula above.
If dealing with smaller measurements, multiply the result by 100,000 for easier interpretation.

Example

Suppose Country “A” reported a GDP of $400 million last year, and its population is 190,000. To calculate real GDP per capita:

Solution:

Given:

GDP = $400,000,000

Population = 190,000

Using the formula:

GDP Per Capita = GDP / Population

GDP Per Capita = 400,000,000 / 190,000

GDP Per Capita = 2,105.3

This example shows how to manually calculate GDP per capita. For faster and error-free calculations, use an online GDP per capita calculator.

Countries with the Highest GDP Per Capita

The countries with the highest GDP per capita are mostly developed nations with low unemployment rates.

Rank	Country/Territory	GDP Per Capita (US$)
1	Monaco	234,317
2	Liechtenstein	169,260
3	Luxembourg	133,175
4	Bermuda	112,653
5	Ireland	101,109
6	Switzerland	93,525
7	Norway	89,242
8	Cayman Islands (UK territory)	85,250
9	United States	69,185
10	Denmark	68,037

Working of Real GDP Per Capita Calculator

Use our per capita growth rate calculator to calculate GDP per capita instantly. Just enter a few inputs, and the tool does the rest.

Inputs:

Enter the real GDP and population values in the specified fields.
Select the measurement units.
Click the Calculate button.

Output:

GDP Per Capita
Step-by-Step Calculation

FAQ’s

What is the GDP Per Capita in the United States?

In the United States, GDP per capita is approximately $70,248.63. You can calculate this effortlessly using a GDP per capita calculator.

What is the difference between GDP and GDP Per Capita?

GDP measures the total domestic output of a country. GDP per capita divides the GDP by the population, reflecting the average economic contribution of each individual, often used to gauge living standards.

Can GDP Per Capita be negative?

Yes, it can be negative, which is a warning sign indicating that the country’s production of goods and services has decreased. This often occurs during economic crises or natural disasters.

Which country has the highest GDP Per Capita?

Luxembourg, with a population of approximately 634,000, is the richest country by GDP per capita, with an average of around $130,000 per person.

References

From World Population Review: GDP Per Capita by Country 2023

From Wikipedia: GDP (Gross Domestic Product)