Highest Income Per Capita

In nominal GDP, Luxembourg comes out with the highest income per capita at roughly $88,000 US Dollars (USD). The number two country, Norway, comes well behind, at around $72,300 USD. Following Norway is Qatar with roughly $62,900 USD. The United States comes eighth, with just around $44,200 USD, a bit more than half the per capita income of Luxembourg, as measured in nominal GDP.

The CIA places Luxembourg first at roughly $71,400 USD, followed by the territory of Bermuda at $69,900 USD. Next comes the dependency of Jersey at $57,000 USD. The second-highest income per capita nation, however, is Equatorial Guinea at $50,200 USD. Third is the United Arab Emirates, at $49,700 USD. And rather than second, as in the nominal GDP, in this assessment Norway comes fourth, at $46,300 USD. The United States comes in at sixth, with a GDP at PPP of $43,800, considerably more than half of Luxembourg’s GDP at PPP.

The University of Pennsylvania also places Luxembourg as the highest income per capita nation in GDP at PPP, with roughly $54,300 USD. Next comes the United States, at $39,500 USD. Norway is the third-highest nation, with $37,400 USD, and the United Arab Emirates is right behind, at $33,400 USD. In this assessment Equatorial Guinea comes in 60th, rather than second, with a GDP at PPP of $10,300 USD.

Lastly, the IMF data, which looks only at members of the IMF, and Hong Kong, places Luxembourg first as the nation with the highest income per capita of $81,500 USD. Ireland comes in second with a GDP at PPP of $44,676 USD, just barely ahead of Norway at $44,648 USD. The United States is ranked fourth, at $43,200 USD, and Equatorial Guinea is again far from the top of the list at 43rd, with a GDP at PPP of $18,200 USD. 

Where does Qatar fit into this model?