GDP per capita is calculated by dividing GDP by midyear population. GDP is the total market value of all final goods and services produced in a country in a given year. In Nominal method, market exchange rates are used for conversion.

As of 2019 at current $, Luxembourg is the richest country of the world having GDP (nominal) per capita over one lakh USD that is close to 10 times to the world GDP per capita of $11,463 and over 400 times of lowest ranked South Sudan of US$275. In World Bank data, Monaco and Liechtenstein has better per capita gdp than Luxembourg.

There are 14 economies which have per capita income above $50,000, 43 have above $20,000 and 70 has above $10,000 at exchange rate basis. Mexico and China has entered in elite $10000 per capita GDP club in 2019. While Argentina and Equatorial Guinea has fallen below $10000 level in 2019. 63 countries have per capita income greater than global average. 27 economies have less than $1,000.

Top Gainers in 2019 : GDP per capita of United States, Japan and Israel have increased by more than $1,000 in 2019. Maldives and Hungary are other top gainers. Among top ten richest economies, only Switzerland and United States showed improvement in figure.

Top Losers in 2019 : At current prices, Out of 192 economies estimated by IMF, GDP per capita of 91 economies have decreased in 2019. Iceland is the biggest loser as its gdp per capita figure has declined by $7,478. Norway and Sweden have also lost more than US$3,000. Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year.

Changes in rank: Suriname and Ukraine are the highest gainer in World GDP (nominal) per capita Ranking by improving theirs rank by 7 positions. Zimbabwe is biggest loser as its rank is down by 14 position. Other top losers are : Venezuela (-12), Libya (-12), Angola (-10) and Argentina (-7).