The Richest Countries in the World Print E-mail

There are two standard methods of defining the richest countries in the world. One takes into account the economies that are the largest, as measured by total gross domestic product (GDP). However, the most commonly accepted definition of the wealthiest countries is to determine how rich the average resident of a country is. For this reason, the best method is to use GDP data per capita.


Moreover, using a PPP (purchasing power parity) basis is arguably more useful when comparing generalized differences in living standards on the whole between nations. This is because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates, which may distort the real differences in income. This is the measure most economists prefer when looking at per-capita wealth and when comparing economic strength between countries and living conditions or use of resources across countries.


The figures below include data and forecasts for the wealth of countries and regions from 2009 to 2013.
Source: the IMF (unless otherwise specified).

 

The Richest and Poorest Countries in the World, 2013 (Estimates - Data in Current International Dollar)

Gross domestic product (GDP) based on purchasing-power-parity (PPP) per capita

 

Darkest red: highest GDP per capita (PPP)
Medium red: medium-high GDP per capita (PPP)
Light red: medium-low GDP per capita (PPP)
Lightest red: lowest GDP per capita (PPP)



The figures below include data and forecasts for the wealth of countries and regions from 2009 to 2013.
Source: the IMF (unless otherwise specified).


The World's Richest Regions, Based on Gross Domestic Product (PPP) Per Capita 2009-2013 

Country Group Name20092010201120122013
1 Advanced economies $36,753.71 $38,147.68 $39,384.50 $40,389.83 $41,368.85
2 Euro area $31,763.09 $32,733.87 $33,812.99 $34,116.47 $34,510.94
3 Major advanced economies (G7) $38,351.14 $39,744.37 $40,986.12 $42,119.01 $43,138.63
4 Other advanced economies (Advanced economies minus G7 and euro area) $33,410.87 $35,526.60 $37,144.09 $38,212.69 $39,505.01
5 European Union $29,672.50 $30,588.77 $31,643.64 $32,021.45 $32,471.14
6 Emerging market and developing economies $5,781.66 $6,217.59 $6,662.07 $7,020.48 $7,415.19
7 Central and eastern Europe $13,717.94 $14,443.23 $15,446.25 $15,871.55 $16,371.67
8 Commonwealth of Independent States $10,628.56 $11,254.34 $12,015.61 $12,616.37 $13,248.81
9 Developing Asia $4,743.59 $5,230.54 $5,717.57 $6,143.12 $6,622.62
10 ASEAN-5 $4,943.55 $5,286.66 $5,567.67 $5,933.58 $6,300.74
11 Latin America and the Caribbean $10,631.51 $11,284.95 $11,906.00 $12,331.61 $12,818.20
12 Middle East, North Africa, Afghanistan, and Pakistan $6,994.37 $7,306.53 $7,707.56 $7,975.06 $8,183.34
13 Middle East and North Africa $9,255.73 $9,700.74 $10,463.88 $10,827.38 $11,111.83
14 Sub-Saharan Africa $2,186.32 $2,275.63 $2,380.97 $2,466.53 $2,579.75


The figures below include data and forecasts for the wealth of countries and regions from 2009 to 2013.
Source: the IMF (unless otherwise specified).

 

The World's Richest Countries, Based on Gross Domestic Product (PPP) Per Capita 2009-2013

Country20092010201120122013Estimates
Start After
1 Qatar $77,445.61 $88,313.13 $97,987.01 $102,211.00 $105,091.42 2011
2 Luxembourg $76,832.29 $78,641.61 $79,777.99 $79,785.04 $79,593.91 2011
3 Singapore $49,919.56 $56,865.16 $59,594.79 $60,409.98 $61,567.28 2011
4 Norway $51,922.18 $52,034.15 $53,157.75 $55,008.77 $56,663.47 2012
5 Brunei Darussalam $50,985.72 $52,091.22 $53,557.21 $54,388.65 $55,111.20 2011
6 Hong Kong $44,120.22 $47,369.93 $50,296.10 $51,494.15 $53,432.23 2011
7 United States $45,461.43 $46,811.06 $48,328.25 $49,922.11 $51,248.21 2011
8 United Arab Emirates $45,913.80 $45,759.38 $47,728.78 $49,011.59 $49,883.58 2009
9 Switzerland $41,785.02 $43,156.72 $44,451.65 $45,417.81 $46,474.95 2011
10 Australia $38,595.00 $39,674.44 $40,949.02 $42,640.28 $44,073.81 2011
11 Canada $38,933.71 $40,223.54 $41,690.04 $42,734.36 $43,593.74 2012
12 Austria $38,577.30 $39,777.04 $41,556.13 $42,408.58 $43,344.79 2012
13 Ireland $39,616.12 $39,650.71 $40,894.86 $41,920.73 $42,806.38 2011
14 Netherlands $39,906.18 $40,888.01 $41,976.87 $42,193.69 $42,493.49 2011
15 Sweden $35,787.73 $38,230.34 $40,228.87 $41,191.47 $42,037.48 2012
16 Iceland $38,010.73 $36,572.42 $38,039.16 $39,223.96 $40,401.63 2011
17 Taiwan $31,782.32 $35,607.45 $37,742.54 $38,749.20 $40,392.86 2012
18 Germany $34,265.46 $36,172.68 $38,077.22 $39,028.39 $39,993.34 2012
19 Kuwait $37,704.42 $36,290.74 $38,332.08 $39,888.76 $39,861.23 2011
20 Denmark $35,444.34 $36,330.97 $37,340.58 $37,657.20 $38,521.26 2011
21 Belgium $35,662.09 $36,716.96 $37,611.05 $37,883.06 $38,286.44 2012
22 Japan $32,323.32 $34,280.08 $34,853.04 $36,265.75 $37,525.38 2012
23 United Kingdom $34,877.64 $35,708.02 $36,525.41 $36,941.06 $37,501.70 2010
24 Finland $33,054.44 $34,455.81 $35,993.69 $36,395.01 $37,012.46 2011
25 France $33,121.23 $33,959.54 $35,089.79 $35,547.96 $35,941.52 2011
26 Korea $27,709.93 $29,717.18 $31,220.48 $32,272.12 $33,580.49 2011
27 Israel $28,916.89 $30,101.30 $31,466.29 $32,312.42 $33,282.21 2012
28 Saudi Arabia $25,938.31 $27,313.87 $29,400.68 $31,275.49 $32,469.34 2010
29 The Bahamas $29,512.91 $29,629.83 $30,414.74 $31,382.41 $32,397.94 2008
30 New Zealand $27,375.74 $27,899.40 $28,667.35 $29,730.30 $30,803.76 2011
31 Spain $29,545.86 $29,751.37 $30,477.65 $30,557.47 $30,620.15 2012
32 Italy $29,067.71 $29,817.11 $30,422.23 $30,136.38 $30,094.06 2012
33 Oman $25,591.17 $31,341.16 $28,148.41 $29,166.39 $29,924.88 2009
34 Bahrain $27,220.37 $27,129.38 $27,735.31 $28,743.82 $29,832.89 2010
35 Slovenia $27,213.55 $27,719.77 $28,435.78 $28,195.24 $28,013.94 2011
36 Malta $24,504.30 $25,499.53 $26,369.76 $27,022.36 $27,786.99 2008
37 Czech Republic $25,234.06 $26,110.64 $27,111.90 $27,190.92 $27,662.99 2010
38 Seychelles $22,100.16 $23,007.76 $24,394.85 $25,229.48 $26,168.91 2011
39 Barbados $24,073.62 $24,391.56 $24,989.02 $25,372.68 $25,854.24 2010
40 Equatorial Guinea $25,749.77 $24,728.42 $25,669.92 $25,929.18 $25,117.18 2010
41 Slovak Republic $21,052.94 $22,218.63 $23,365.99 $24,249.11 $24,971.88 2012
42 Greece $28,069.82 $26,960.70 $25,509.98 $24,505.04 $23,930.22 2011
43 Portugal $22,660.00 $23,384.64 $23,657.82 $23,385.17 $23,185.21 2012
44 Lithuania $16,594.66 $17,345.36 $20,342.57 $21,615.34 $22,787.84 2011
45 Estonia $17,835.49 $18,679.75 $20,657.05 $21,713.22 $22,731.03 2012
46 Poland $18,028.68 $18,961.84 $20,012.74 $20,591.75 $21,005.39 2012
47 Trinidad and Tobago $19,733.46 $19,923.67 $19,738.31 $20,087.13 $20,746.28 2010
48 Hungary $18,291.32 $18,798.10 $19,570.72 $19,637.59 $19,998.05 2011
49 Chile $15,211.11 $16,147.11 $17,309.84 $18,419.04 $19,474.74 2009
50 Latvia $14,828.72 $15,182.51 $16,717.35 $18,254.66 $19,384.91 2012
51 Argentina $14,683.71 $16,061.65 $17,659.54 $18,112.33 $18,709.31 2010
52 Russia $14,834.48 $15,687.18 $16,767.87 $17,708.74 $18,670.53 2012
53 Antigua and Barbuda $18,977.55 $17,591.02 $17,433.40 $18,026.66 $18,625.96 2009
54 Croatia $17,548.35 $17,422.11 $17,849.81 $17,810.14 $18,066.82 2010
55 Malaysia $14,168.64 $15,112.55 $16,008.99 $16,922.37 $17,775.70 2012
56 Botswana $14,167.56 $15,183.79 $16,105.21 $16,820.29 $17,595.63 2008
57 Gabon $13,513.39 $14,411.19 $15,530.02 $16,547.59 $17,586.34 0
58 Panama $11,863.85 $12,689.90 $14,112.47 $15,616.75 $16,993.82 2010
59 Uruguay $12,775.64 $14,049.00 $15,112.32 $15,910.80 $16,728.30 2005
60 Saint Kitts And Nevis $16,804.93 $16,703.39 $16,415.52 $16,240.96 $16,495.30 2003
61 Mauritius $13,443.85 $14,120.57 $14,908.40 $15,591.97 $16,350.47 2011
62 Belarus $12,703.78 $13,897.84 $15,056.27 $15,633.70 $16,307.68 2010
63 Lebanon $14,104.49 $15,097.20 $15,449.48 $15,756.94 $16,126.73 2007
64 Mexico $13,265.43 $13,945.35 $14,616.14 $15,311.77 $15,931.75 2012
65 Turkey $12,177.09 $13,293.92 $14,543.16 $15,001.41 $15,578.38 2011
66 Bulgaria $12,645.06 $12,965.22 $13,812.32 $14,311.58 $14,870.19 2012
67 Kazakhstan $11,515.31 $12,312.74 $13,253.30 $13,892.83 $14,750.46 2012
68 Dominica $13,022.86 $13,301.28 $13,855.21 $14,166.15 $14,579.73 2011
69 Libya $14,396.12 $15,044.72 $5,903.80 $12,066.45 $14,474.75 2008
70 Grenada $13,182.39 $13,261.79 $13,608.65 $13,696.75 $13,948.43 2009
71 Venezuela $12,497.81 $12,280.68 $12,868.12 $13,615.82 $13,633.61 2010
72 Saint Lucia $12,516.09 $12,642.01 $13,010.51 $13,103.72 $13,381.42 2011
73 Romania $11,923.27 $11,964.66 $12,519.98 $12,808.08 $13,251.92 2011
74 Costa Rica $10,551.82 $11,336.50 $11,926.78 $12,606.29 $13,205.99 2011
75 Iran $12,102.84 $12,789.17 $13,311.98 $13,127.14 $13,008.37 2010
76 Suriname $10,754.42 $11,197.04 $11,815.34 $12,397.85 $12,989.56 2007
77 Brazil $10,383.31 $11,216.10 $11,666.00 $11,875.26 $12,340.18 2010
78 Montenegro $10,252.43 $10,597.57 $11,628.15 $11,800.31 $12,101.08 2011
79 Saint Vincent and the Grenadines $11,373.04 $11,246.56 $11,522.11 $11,776.12 $12,081.34 2001
80 South Africa $10,218.95 $10,562.60 $11,028.58 $11,375.48 $11,750.37 2011
81 Peru $8,619.49 $9,358.03 $10,062.28 $10,719.48 $11,403.04 2009
82 Colombia $9,202.93 $9,582.59 $10,314.83 $10,791.73 $11,284.22 2009
83 Azerbaijan $9,619.12 $10,116.65 $10,213.21 $10,478.23 $11,003.54 2011
84 Macedonia $9,576.94 $9,963.69 $10,444.03 $10,579.03 $10,945.61 2011
85 Thailand $8,482.04 $9,215.49 $9,390.12 $10,125.58 $10,848.74 2011
86 Serbia $10,124.79 $10,117.79 $10,404.78 $10,404.84 $10,787.58 2011
87 Timor-Leste $7,559.29 $8,185.97 $9,028.30 $9,872.85 $10,783.70 2009
88 Ecuador $8,526.58 $8,791.22 $9,552.16 $10,055.89 $10,517.91 2010
89 Tunisia $9,143.82 $9,457.23 $9,359.29 $9,774.74 $10,200.29 2010
90 China $6,781.15 $7,553.38 $8,391.12 $9,161.97 $10,011.48 2012
91 Dominican Republic $8,260.45 $8,859.72 $9,286.57 $9,646.07 $9,845.60 2004
92 Maldives $7,768.81 $8,289.15 $8,913.04 $9,234.85 $9,579.23 2006
93 Turkmenistan $6,249.51 $6,804.24 $7,842.01 $8,718.20 $9,394.35 2007
94 Jamaica $8,788.88 $8,742.90 $9,027.45 $9,159.24 $9,323.34 2010
95 Belize $7,907.53 $8,109.40 $8,302.55 $8,753.51 $8,963.61 2012
96 Marshall Islands $7,941.18 $8,394.30 $8,604.00 $8,683.18 $8,793.02 2011
97 Guyana $6,685.73 $7,050.04 $7,569.11 $7,938.78 $8,488.39 2002
98 Bosnia and Herzegovina $7,659.98 $7,832.80 $8,115.22 $8,215.95 $8,406.07 2010
99 Albania $7,184.52 $7,497.85 $7,848.17 $8,052.18 $8,290.46 2008
100 Namibia $6,504.63 $6,967.91 $7,399.34 $7,771.70 $8,159.88 2008
101 Tonga $6,938.53 $7,116.17 $7,344.26 $7,547.99 $7,753.90 2006
102 Algeria $6,826.15 $7,059.57 $7,271.85 $7,477.07 $7,736.90 2011
103 El Salvador $6,805.30 $6,962.90 $7,222.11 $7,437.93 $7,648.21 2007
104 Iraq $5,818.71 $6,155.52 $6,618.65 $7,079.89 $7,604.93 2004
105 Ukraine $6,312.71 $6,685.64 $7,210.44 $7,373.99 $7,532.92 2011
106 Micronesia $6,527.70 $6,800.70 $7,103.74 $7,346.28 $7,532.58 2011
107 Bhutan $4,956.71 $5,514.57 $6,009.46 $6,664.71 $7,187.72 0
108 Paraguay $5,302.07 $5,957.25 $6,223.86 $6,136.46 $6,787.73 2011
109 Egypt $6,093.20 $6,343.95 $6,454.82 $6,544.87 $6,652.92 2010
110 Angola $5,650.77 $5,748.94 $5,923.85 $6,346.74 $6,650.29 2000
111 Sri Lanka $4,759.84 $5,169.52 $5,676.37 $6,106.59 $6,550.22 2011
112 Georgia $4,757.85 $5,064.02 $5,502.30 $5,929.75 $6,355.74 2011
113 Samoa $5,690.52 $5,767.88 $5,989.75 $6,148.96 $6,282.41 2011
114 Jordan $5,686.33 $5,767.22 $5,907.01 $6,042.29 $6,198.91 2010
115 Mongolia $3,791.84 $4,020.34 $4,770.43 $5,371.64 $6,134.48 2011
116 Armenia $4,978.66 $5,105.12 $5,404.94 $5,838.26 $6,128.16 2011
117 Kiribati $5,634.97 $5,685.90 $5,816.54 $5,973.05 $6,125.06 2009
118 Swaziland $5,647.84 $5,766.38 $5,835.24 $5,781.53 $5,806.66 2008
119 Morocco $4,602.44 $4,782.70 $5,074.65 $5,265.18 $5,537.51 2011
120 Guatemala $4,823.08 $4,907.30 $5,092.57 $5,208.96 $5,335.95 2005
121 Bolivia $4,447.65 $4,603.57 $4,850.65 $5,099.27 $5,330.64 1981
122 Indonesia $4,102.35 $4,353.81 $4,668.65 $4,977.09 $5,302.03 2010
123 Vanuatu $4,718.47 $4,751.07 $4,811.64 $4,916.21 $5,093.80 2009
124 Fiji $4,438.80 $4,471.24 $4,628.75 $4,785.63 $4,947.38 2007
125 Congo - Brazzaville $4,132.77 $4,426.16 $4,543.38 $4,666.56 $4,937.41 2004
126 Honduras $4,188.74 $4,313.15 $4,475.32 $4,609.60 $4,741.16 2001
127 Philippines $3,713.18 $3,980.01 $4,152.00 $4,429.59 $4,691.15 2011
128 Nicaragua $3,830.59 $3,975.03 $4,228.43 $4,458.43 $4,641.61 2007
129 Cape Verde $3,547.84 $3,730.33 $3,947.20 $4,132.81 $4,313.48 2008
130 India $3,039.28 $3,378.15 $3,666.90 $3,829.70 $4,060.22 2010
131 Uzbekistan $2,796.84 $3,021.17 $3,272.77 $3,555.08 $3,820.65 2010
132 Vietnam $2,939.37 $3,143.00 $3,358.62 $3,547.77 $3,750.00 2010
133 Moldova $2,851.23 $3,097.60 $3,381.86 $3,415.03 $3,613.35 2012
134 Ghana $2,560.45 $2,732.61 $3,112.88 $3,305.10 $3,501.53 0
135 Solomon Islands $2,763.01 $2,894.28 $3,188.88 $3,345.35 $3,458.50 2010
136 Tuvalu $3,262.94 $3,162.08 $3,252.77 $3,338.15 $3,423.06 2011
137 Lao P.D.R. $2,356.57 $2,545.28 $2,769.60 $3,011.21 $3,260.59 2011
138 Pakistan $2,642.04 $2,702.39 $2,785.76 $2,880.67 $2,969.68 2011
139 Papua New Guinea $2,194.12 $2,333.41 $2,582.26 $2,797.33 $2,896.83 2010
140 Nigeria $2,272.34 $2,419.82 $2,582.18 $2,720.01 $2,883.44 2006
141 Djibouti $2,435.53 $2,484.57 $2,578.72 $2,676.96 $2,778.25 1999
142 Cambodia $1,942.74 $2,068.02 $2,239.24 $2,402.33 $2,579.06 2008
143 Kyrgyz Republic $2,225.12 $2,219.92 $2,379.48 $2,376.49 $2,567.82 2010
144 Sudan $2,151.61 $2,178.85 $2,682.99 $2,544.63 $2,550.10 2006
145 Cameroon $2,147.11 $2,193.22 $2,274.91 $2,366.24 $2,473.13 2010
146 Sao Tome and Principe $2,057.05 $2,140.62 $2,251.73 $2,337.21 $2,432.93 2010
147 Tajikistan $1,819.78 $1,941.58 $2,079.45 $2,228.60 $2,373.96 2011
148 Yemen $2,452.37 $2,598.59 $2,306.66 $2,282.67 $2,351.46 2008
149 Lesotho $1,749.83 $1,879.65 $2,024.32 $2,137.53 $2,244.10 2006
150 Mauritania $1,863.56 $1,936.86 $2,006.72 $2,121.62 $2,230.44 2009
151 Bangladesh $1,664.04 $1,774.11 $1,909.46 $2,039.48 $2,174.32 2010
152 Senegal $1,880.53 $1,934.95 $1,974.90 $2,026.55 $2,086.38 2011
153 Chad $1,648.25 $1,841.12 $1,844.22 $1,923.70 $2,061.63 2004
154 The Gambia $1,812.31 $1,903.57 $1,810.67 $1,864.39 $2,008.23 2010
155 Kenya $1,614.61 $1,680.77 $1,740.58 $1,802.38 $1,884.57 2010
156 Zambia $1,425.19 $1,516.53 $1,614.79 $1,721.65 $1,841.64 2010
157 Ivory Coast $1,670.53 $1,683.79 $1,590.70 $1,726.65 $1,839.67 2009
158 Benin $1,559.98 $1,575.72 $1,620.35 $1,666.74 $1,717.82 2011
159 Tanzania $1,322.92 $1,392.88 $1,469.19 $1,566.71 $1,670.21 2006
160 Rwanda $1,201.01 $1,278.08 $1,384.04 $1,485.91 $1,591.71 2010
161 Sierra Leone $1,030.78 $1,072.07 $1,131.30 $1,344.25 $1,559.95 2011
162 Myanmar $1,198.80 $1,254.53 $1,324.61 $1,405.03 $1,490.53 2006
163 Burkina Faso $1,188.62 $1,261.22 $1,302.26 $1,399.50 $1,488.33 2010
164 Uganda $1,280.57 $1,326.62 $1,399.98 $1,414.93 $1,459.62 2010
165 Haiti $1,205.54 $1,163.46 $1,234.93 $1,242.82 $1,358.10 0
166 Nepal $1,148.06 $1,198.00 $1,249.11 $1,308.07 $1,347.62 2011
167 South Sudan $2,206.23 $1,006.16 $1,324.10 2008
168 Comoros $1,189.13 $1,204.44 $1,231.65 $1,257.99 $1,296.77 2003
169 Guinea-Bissau $1,150.00 $1,181.08 $1,244.52 $1,222.76 $1,268.46 2004
170 Mozambique $953.29 $1,014.19 $1,089.85 $1,169.17 $1,262.96 2010
171 Ethiopia $972.26 $1,041.47 $1,119.36 $1,190.56 $1,258.60 2008
172 Guinea $1,041.14 $1,049.25 $1,086.34 $1,121.36 $1,162.18 2009
173 Togo $970.35 $1,000.40 $1,048.17 $1,096.21 $1,145.94 2010
174 Mali $1,065.86 $1,108.75 $1,128.03 $1,100.24 $1,136.77 2010
175 Afghanistan $855.91 $912.23 $967.53 $1,053.81 $1,072.19 2007
176 Madagascar $939.73 $931.79 $944.47 $955.31 $972.07 2006
177 Malawi $782.72 $821.35 $850.82 $857.67 $893.84 2009
178 Niger $674.52 $733.68 $742.43 $815.35 $853.43 2009
179 Central African Republic $738.10 $751.95 $773.98 $800.22 $827.93 2004
180 Eritrea $680.18 $683.08 $735.17 $776.79 $792.13 2006
181 Liberia $564.75 $582.63 $625.74 $672.56 $716.04 2009
182 Burundi $566.80 $582.15 $604.96 $625.43 $648.58 0
183 Zimbabwe $428.91 $472.75 $529.63 $558.58 $589.46 2008
184 Congo - Kinshasa $311.89 $328.87 $348.53 $368.91 $394.25 1983

DEFINITIONS:


GDP (gross domestic product) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.


GDP PPP (purchasing power parity) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Purchasing power parities (PPPs) are the rates of currency conversion that eliminate the differences in price levels between countries.


GDP (PPP) per capita is GDP on a purchasing power parity basis divided by population. Please note: Whereas PPP estimates for OECD countries are quite reliable, PPP estimates for developing countries are often rough approximations.


GNI (gross national income) is gross domestic product (GDP) plus net receipts of primary income (employee compensation and investment income) from abroad. GDP is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output.


GNI per capita is gross national income divided by mid-year population.


PPP GNI is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States.

Definitions from the World Bank, Organisation for Economic Co-operation and Development and IMF.


BEYOND GDP
It is important to notice that GDP is not a perfect measure to describe the well-being and quality of life of populations, and, in fact, there are other indexes that take into account other variables such as life expectancy, income distribution, literacy, etc., such as the UN Human Development Index and the Index of Sustainable Economic Welfare. In fact, GDP is often considered imperfect even to measure overall economic strength; see a report released in 2009 by a commission chaired by Nobel Prize-winning economists Professor Joseph E. Stiglitz and Professor Amartya Sen, and by Professor Jean-Paul Fitoussi [DOWNLOAD PDF]
See also: http://www.beyond-gdp.eu/


WEALTH DISTRIBUTION MAP
For a wealth distribution map, with historical data and current data, see:
http://www.gfmag.com/tools/global-database/economic-data/11944-wealth distribution-income-inequality.html


A background on Gross Domestic Product Purchasing Power Parity
(GDP PPP) from the World Bank - World Development Indicators:


Comparable measures of economic activity, wealth and living standards are useful for many purposes. Foreign investors, traders, and potential immigrants want to know an economy’s market size, productivity and prices. The globalization of markets for goods, services, finance, labor and ideas reinforces the interdependence of economies and the need to measure them on a common scale. Countries cannot share responsibilities for global public goods—the environment, security, development assistance and global governance—without meaningful assessments of the real size of their economies and the wealth of their people.

But comparing the real size of economies is not easy. Even in an integrated global economy, large differences in the costs of goods and services persist. Exchange rates can be used to convert values in one currency to another, but since they do not fully reflect differences in price levels, they cannot measure the real volume of output. Exchange rates are determined by the demand for and supply of currencies used in international transactions, ignoring domestic economic sectors where prices are set in relative isolation from the rest of the world—thus the familiar experience of international travelers, who discover that they can buy more, or less, of the same goods in different countries when converting their money using the prevailing exchange rates.

To measure the real size of the world’s economy and to compare costs of living across coun­tries, we need to adjust for differences in purchasing power. Finding a way to adjust for those differences has given rise to the efforts to measure purchasing power parities (PPPs), which convert local currencies to a common currency, such as the U.S. dollar. Purchasing power parities are needed because similar goods and services have widely varying prices across countries when converted to a common currency using market exchange rates. Differences are greatest in sectors not commonly traded in­ternationally, such as housing, construction and health and education services. Price differences are smaller for widely traded products, such as machinery and equipment, af­ter allowing for taxes, distributor margins and transport costs. PPPs include the prices of tradable and nontradable goods, us­ing weights that reflect their relative importance in total GDP.

Since 1970 the International Comparison Program (ICP) has conducted eight rounds of PPP estimates for the major components of countries’ gross domestic product (GDP)—the most recent for 2005. High-income countries regularly take part in such programs, but 2005 was the first time since 1993 that comprehensive price surveys were carried out in developing economies. An unprecedented number, 101, took part. These new PPPs provide a better and more complete view of the world economy.

In 2005 the ICP report brought together the results of two separate PPP programs. The first is the global ICP program conducted by the ICP Global Office within the World Bank. The program was organized in five geographic areas: Africa, Asia-Pacific, Commonwealth of Independent States, Latin America and Western Asia. In parallel, the Statistical Office of the European Communities (Eurostat) and the Organisation for Economic Co-operation and Development (OECD) conducted its 2005 PPP program that included 46 countries. Eurostat covered 37 countries—the 25 EU member states, the EFTA countries and other European countries. The OECD part of the program included nine other countries.

The ICP Global Office has combined the results from each of the five regions with those from the OECD/Eurostat PPP Program into an overall global comparison.

Please note: The IMF is not a primary source for purchasing power parity (PPP) data. For primary source information, please refer to one of the following sources: the Organisation for Economic Co-operation and Development, the World Bank, Eurostat.

Central and Eastern Europe
Composed of 14 countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Montenegro, Poland, Romania, Serbia and Turkey.

Commonwealth of Independent States
Composed of 11 CIS countries: Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyz Republic, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan. Georgia and Mongolia, which are not members of the Commonwealth of Independent States, are included in this group for reasons of geography and similarities in economic structure.


Developing Asia
Composed of 26 countries: Republic of Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Fiji, India, Indonesia, Kiribati, Lao People's Democratic Republic (Laos), Malaysia, Maldives, Myanmar, Nepal, Pakistan, Papua New Guinea, Philippines, Samoa, Solomon Islands, Sri Lanka, Thailand, Democratic Republic of Timor-Leste (East Timor), Tonga, Vanuatu and Vietnam.


Western Hemisphere
Composed of 32 countries: Antigua and Barbuda, Argentina, The Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay and Venezuela.


Middle East
Composed of 14 countries: Bahrain, Egypt, Islamic Republic of Iran, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Syrian Arab Republic, United Arab Emirates and Republic of Yemen.


Emerging and Developing Economies
Composed of 149 countries: Republic of Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Azerbaijan, The Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Comoros, Democratic Republic of Congo, Republic of Congo, Costa Rica, Côte d'Ivoire, Croatia, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Fiji, Gabon, The Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, India, Indonesia, Islamic Republic of Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyz Republic, Lao People's Democratic Republic (Laos), Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Former Yugoslav Republic of Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nepal, Nicaragua, Niger, Nigeria, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Qatar, Romania, Russia, Rwanda, Samoa, São Tomé and Príncipe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, South Africa, Sri Lanka, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Sudan, Suriname, Swaziland, Syrian Arab Republic, Tajikistan, Tanzania, Thailand, Democratic Republic of Timor-Leste (East Timor), Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Republic of Yemen, Zambia and Zimbabwe.


Euro Area
Composed of 16 countries: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovak Republic, Slovenia and Spain.


East Asia and Pacific
Composed of 22 countries: Cambodia, China, Fiji, Indonesia, Kiribati, Dem. Rep. Korea, Lao People's Democratic Republic (Laos), Malaysia, Marshall Islands, Federated States of Micronesia, Mongolia, Myanmar, Palau, Papua New Guinea, Philippines, Samoa, American Samoa, Solomon Islands, Thailand, Democratic Republic of Timor-Leste (East Timor), Tonga, Vanuatu, Vietnam.


South Asia
Composed of 8 countries: Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan, Sri Lanka.


Sub-Saharan Africa
Composed of 45 countries: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of Congo, Republic of Congo, Côte d'Ivoire, Eritrea, Ethiopia, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mayotte, Mozambique, Namibia, Nigeria, Rwanda, São Tomé and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe