30 macro-economic indicators per country for a 5-year forecast period and quarterly forecasts for the most important economic variables. Looking for forecasts? FocusEconomics Consensus Forecasts cover approx. dollars (USD) by country for the last five years. The table below shows the GDP per capita in current U.S. dollar can be distorted by exchange rate fluctuations and often don’t reflect the purchasing power in the countries being compared. In addition, cross-country comparisons based on the U.S.

In particular, GDP per capita does not take into account income distribution in a country. However, GDP per capita is not a measure of personal income and using it for cross-country comparisons also has some known weaknesses. GDP per capita is an important indicator of economic performance and a useful unit to make cross-country comparisons of average living standards and economic wellbeing. Per capita GDP is typically expressed in local current currency, local constant currency or a standard unit of currency in international markets, such as the U.S. It is used to describe the standard of living of a population, with a higher gross domestic product per capita country ranking a higher standard of living is possible for its population. It is derived from a straightforward division of total GDP ( see definition of GDP) by the population. GDP per capita is a measurement used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. GDP per capita stands for Gross Domestic Product (GDP) per capita (per person).

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