Top 10 countries with highest gni per capita in 2023 năm 2024

Arguably the single most influential factor in determining the quality of life in a given country is its economic health. The World Bank, a global organization dedicated to ending extreme poverty all over the world, divides countries into four categories, known as World Bank Country and Lending Groups, based upon their Gross National Income (GNI) per capita. For the 2023 financial year, the WBC Lending Group boundaries are as follows:

• Low-income economies — GNI per capita of up to $1,085 in 2021 (in USD)
• Lower-middle-income economies — GNI per capita of $1,086 to $4,255
• Upper-middle-income economies — GNI per capita of $4,256 to $13,205
• High-income economies — GNI per capita of $13,206 or more

For the 2023 financial year, the World Bank placed 81 countries in the high-income category. Many countries, such as the United States, have consistently ranked as high income since the 1980s, but others have moved in or out. For instance, the 2023 group sees the addition of Panama and Romania, but the loss of Palau, which was reclassified as an upper-middle-income country. Some former high-income countries, such as Russia and Venezuela, slipped to a lower bracket in past years and have yet to regain the high-income classification.

GNI per capita explained

GNI per capita is essentially a measure of a nation's total income divided by the number of people in that country. A country's overall gross national income (GNI) is very similar to gross national product (GNP), an older metric GNI has largely replaced. GNI is calculated by starting with a country's gross domestic product (GDP), then adding money its citizens and businesses have brought in from other countries and subtracting money taken out of the economy by businesses and investors based in other countries. Once a country's GNI has been calculated, it is divided by that country's population to determine its GNI per capita. GNI offers little insight into a country's income inequality but is nonetheless considered one of the most important at-a-glance assessments of a country's economic health.

The relationship between income and development

While World Bank classifies countries by income, the United Nations groups countries by their level of overall development. There is, however, a high degree of correlation between the two systems, as development often runs parallel to income. As a rule, countries classified as high income by World Bank correspond to those deemed developed countries by the United Nations. Upper-middle- and lower-middle-income countries roughly correspond to the United Nations' developing countries, and World Bank's low-income countries list includes many of what the United Nations would consider the least-developed or (less commonly) underdeveloped countries.

Notes: - World Bank's income categories are updated annually, at the start of each financial year, and are based upon the most recently released data, which tends to be 1.5 years previous. - For example, the 2024 financial year rankings (table 1, below) were released in mid-2023 and are based upon data from the 2022 calendar year. - World Bank GNI per capita income thresholds for FY2024: - Low income: <= 1,135 - Lower middle income: 1,136-4,465 - Upper middle income: 4,466-13,845 - High income: > 13,845

Country

Lending Group

GNI per Capita, Atlas 2022 (USD)

GNI per Capita, PPP 2022 (current INT$)

Most recent data year

BermudaHigh$125,21098,6402022LiechtensteinHigh$116,6002009NorwayHigh$95,520118,4702022SwitzerlandHigh$95,49082,9402022LuxembourgHigh$89,20094,7202022IrelandHigh$79,73091,0902022Isle of ManHigh$79,3002020United StatesHigh$76,77077,9502022Faroe IslandsHigh$74,4202022DenmarkHigh$73,52077,3702022QatarHigh$70,120110,0502022IcelandHigh$68,66065,9202022SingaporeHigh$67,200107,0702022SwedenHigh$63,50067,6302022Cayman IslandsHigh$62,00052,9902021AustraliaHigh$60,84060,8302022NetherlandsHigh$60,23070,2102022AustriaHigh$55,72067,8302022IsraelHigh$55,14049,3302022FinlandHigh$54,93059,9702022Hong KongHigh$54,37073,9602022GermanyHigh$54,03065,9902022BelgiumHigh$53,89066,4902022CanadaHigh$52,96057,7602022United KingdomHigh$49,24055,2102022United Arab EmiratesHigh$49,16088,0502022New ZealandHigh$49,09050,9102022San MarinoHigh$47,12061,0602021FranceHigh$45,29056,3702022AndorraHigh$44,3502021MacauHigh$43,68073,1702022JapanHigh$42,44048,4802022KuwaitHigh$40,60067,2002022ItalyHigh$38,20053,2802022New CaledoniaHigh$37,3702021South KoreaHigh$36,19051,0702022Sint MaartenHigh$35,26048,3602022GreenlandHigh$34,8002007ArubaHigh$33,41047,0602022MaltaHigh$32,86050,2302022SpainHigh$32,09046,5502022CyprusHigh$31,52047,4702022BahamasHigh$31,52038,8202022BruneiHigh$31,41067,7602022SloveniaHigh$29,59047,3702022BahrainHigh$27,72058,5402022Saudi ArabiaHigh$27,68059,8702022EstoniaHigh$27,12045,2002022Czech RepublicHigh$26,10046,8902022PortugalHigh$25,95041,2902022Turks and Caicos IslandsHigh$25,24024,4102022Puerto RicoHigh$24,56027,8402022LithuaniaHigh$23,87047,1202022SlovakiaHigh$22,07036,8402022LatviaHigh$21,85039,2302022GreeceHigh$21,81036,6902022OmanHigh$20,02038,6402022Saint Kitts and NevisHigh$20,02032,6202022CroatiaHigh$19,60040,6102022BarbadosHigh$19,49017,4802022Antigua and BarbudaHigh$19,05025,5502022HungaryHigh$19,01040,4502022PolandHigh$18,90042,3902022French PolynesiaHigh$18,5602000CuracaoHigh$18,06023,4102021UruguayHigh$18,00026,2502022NauruHigh$17,80019,6302022PanamaHigh$16,96037,5402022Trinidad and TobagoHigh$16,19026,2602022RomaniaHigh$15,57040,0302022ChileHigh$15,36028,5502022GuyanaHigh$14,92038,2502022GuamHigh-United States Virgin IslandsHigh-Northern Mariana IslandsHigh-American SamoaHigh-MonacoHigh-GibraltarHigh-Saint MartinHigh-British Virgin IslandsHigh-

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High-Income Countries 2024

Which countries are considered high-income?

High-income countries are those that have a gross national income per capita of $13,206 in 2023. Globally, 81 countries qualify for this category.

Which country has highest per capita income in 2023?

Luxembourg holds the title of the world's richest country by GDP per capita.

Which countries have the highest gni per capita?

List of countries and dependencies.

What is the gni of Australia in 2023?

Australia Gross National Income data was reported at 674,664.000 AUD mn in Dec 2023.

What country has the highest income 2023?

Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Lao P.D.R. Luxembourg, one of the smallest countries in the EU has a population of 634,000 and is the richest country in this ranking with a per capita GDP of nearly $130,000.