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High Income Countries

45 COUNTRIES MAKE UP THE HIGH INCOME COUNTRIES

World Economics has combined 45 countries to represent the High Income Countries group. The High Income designation is defined as all countries with a gross national income per capita exceeding $12,055.

Overall these countries account for 40% of Global GDP and 23% of global GDP growth in the past 10 years (2011-2021).

The High Income Countries are home to over 1.1 billion people with an average life expectancy of 80 years and a current median age of 40 against a global average of 31.



Economics




High Income
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2011-2021
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2011-2021
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Australia 1,439.6 2.5% 0.9% 0.7% 55,823 54.4%
Austria 525.4 0.7% 0.3% 0.1% 58,098 76.4%
Bahrain 96.5 2.5% 0.1% 0.0% 55,177 96.1%
Belgium 713.0 1.2% 0.4% 0.2% 61,297 90.8%
Canada 2,037.0 1.5% 1.2% 0.6% 53,509 100.8%
Chile 594.3 3.0% 0.4% 0.3% 30,932 30.4%
Croatia 156.7 1.6% 0.1% 0.1% 38,397 62.5%
Cyprus 46.5 1.4% 0.0% 0.0% 38,287 81.8%
Denmark 390.6 1.7% 0.2% 0.1% 67,196 32.4%
Estonia 62.2 3.1% 0.0% 0.0% 46,960 14.7%
Finland 308.6 0.7% 0.2% 0.0% 55,628 58.2%
France 3,449.3 0.8% 2.1% 0.6% 52,721 99.3%
Germany 4,890.0 1.0% 3.0% 1.0% 58,283 63.1%
Greece 398.3 -0.9% 0.2% -0.1% 38,403 156.8%
Hong Kong 508.1 1.7% 0.3% 0.2% 67,269 1.9%
Hungary 400.4 2.7% 0.2% 0.2% 41,565 63.4%
Iceland 22.8 2.7% 0.0% 0.0% 66,416 65.9%
Ireland 577.1 7.8% 0.3% 0.7% 115,807 49.2%
Israel 470.5 3.4% 0.3% 0.3% 53,530 57.0%
Italy 3,064.5 -0.3% 1.9% -0.2% 50,764 121.9%
Japan 5,640.0 0.7% 3.4% 0.9% 44,744 240.0%
Korea, Rep. 2,800.7 2.6% 1.7% 1.5% 54,589 40.6%
Kuwait 265.0 0.1% 0.2% 0.0% 61,227 6.4%
Lithuania 132.3 3.3% 0.1% 0.1% 49,200 35.4%
Luxembourg 83.3 2.6% 0.1% 0.0% 131,256 22.8%
Malta 28.8 5.1% 0.0% 0.0% 65,018 44.9%
Mauritius 30.8 1.6% 0.0% 0.0% 24,193 83.7%
Netherlands 1,094.9 1.2% 0.7% 0.3% 63,754 51.6%
New Zealand 252.8 3.4% 0.2% 0.2% 52,008 44.6%
Norway 410.9 1.8% 0.2% 0.2% 75,182 41.6%
Oman 209.4 3.9% 0.1% 0.2% 40,094 47.9%
Panama 191.6 3.9% 0.1% 0.1% 43,721 38.5%
Poland 1,587.8 3.1% 1.0% 1.0% 42,010 45.4%
Portugal 415.4 0.4% 0.3% 0.0% 40,853 106.0%
Qatar 320.6 2.1% 0.2% 0.1% 109,401 45.4%
Romania 728.7 3.5% 0.4% 0.5% 38,096 41.5%
Saudi Arabia 2,220.0 1.8% 1.3% 0.9% 62,816 21.5%
Singapore 630.8 3.1% 0.4% 0.4% 106,969 120.3%
Sweden 628.3 1.6% 0.4% 0.2% 61,838 32.8%
Switzerland 662.2 1.8% 0.4% 0.3% 75,977 39.3%
Trinidad and Tobago 45.3 -1.5% 0.0% 0.0% 32,304 47.9%
United Arab Emirates 771.1 2.5% 0.5% 0.4% 77,182 31.8%
United Kingdom 3,400.7 1.4% 2.1% 1.0% 49,858 86.4%
United States 22,522.2 2.1% 13.6% 9.7% 67,651 123.6%
Uruguay 112.0 2.3% 0.1% 0.1% 32,125 47.3%

High Income Countries
Totals / Averages:
65,336.9 N/A 39.6% 22.9% 57,958* 63.6%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of High Income Countries data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.







Demography




High Income
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Australia A 25.8 83 37.9 100.0 44.9
Austria B 9.0 82 43.5 100.0 49.4
Bahrain B 1.7 77 32.5 100.0 73.5
Belgium A 11.6 82 41.9 100.0 43.0
Canada A 38.1 82 41.1 100.0 48.8
Chile A 19.2 80 35.3 86.7 54.1
Croatia B 4.1 78 44.3 86.7 44.3
Cyprus B 1.2 81 37.3 100.0 55.1
Denmark A 5.8 81 42.3 100.0 42.7
Estonia C 1.3 79 42.4 40.0 41.6
Finland B 5.5 82 43.1 100.0 37.6
France A 65.4 83 42.3 100.0 37.6
Germany B 83.9 81 45.7 100.0 44.6
Greece B 10.4 82 45.6 100.0 43.9
Hong Kong A 7.6 85 44.8 100.0 55.3
Hungary C 9.6 77 43.3 40.0 47.2
Iceland A 0.3 83 37.5 100.0 46.0
Ireland A 5.0 82 38.2 100.0 45.2
Israel B 8.8 83 30.5 100.0 32.7
Italy A 60.4 84 47.3 100.0 43.0
Japan A 126.1 85 48.4 100.0 31.0
Korea, Rep. A 51.3 83 43.7 100.0 60.5
Kuwait A 4.3 75 36.8 100.0 67.6
Lithuania C 2.7 76 45.1 43.3 43.5
Luxembourg B 0.6 82 39.7 100.0 57.2
Malta B 0.4 83 42.6 100.0 44.5
Mauritius B 1.3 75 37.5 85.6 58.5
Netherlands A 17.2 82 43.3 100.0 44.4
New Zealand A 4.9 82 38.0 100.0 44.2
Norway A 5.5 82 39.8 100.0 46.7
Oman A 5.2 78 30.6 100.0 66.7
Panama C 4.4 79 29.7 61.1 46.1
Poland B 37.8 79 41.7 78.9 48.6
Portugal B 10.2 82 46.2 100.0 44.2
Qatar A 2.9 80 32.3 100.0 81.9
Romania B 19.1 76 43.2 84.4 46.7
Saudi Arabia A 35.3 75 31.8 100.0 60.7
Singapore B 5.9 84 42.2 100.0 65.5
Sweden B 10.2 83 41.1 100.0 38.8
Switzerland B 8.7 84 43.1 100.0 48.4
Trinidad and Tobago C 1.4 74 36.2 47.8 53.9
United Arab Emirates B 10.0 78 32.6 100.0 80.8
United Kingdom A 68.2 81 40.5 100.0 42.9
United States A 332.9 79 38.3 100.0 46.1
Uruguay B 3.5 78 35.8 80.0 45.1

High Income Countries
Totals / Averages:
N/A 1,144.8 80* 39.9* 91.9* 49.9*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    100 = High level of resources, 0 = Low level of resrouces.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance




High Income
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Australia 411.0 139.9 <0.1% 13 89.4 73
Austria 68.5 6.7 <0.1% 13 93.4 74
Bahrain 34.4 14.9 <0.1% 10 60.8 42
Belgium 99.7 8.2 <0.1% 12 82.5 73
Canada 576.7 95.5 <0.1% 13 89.5 74
Chile 84.3 13.5 <0.1% 11 75.0 67
Croatia 17.9 3.8 <0.1% 11 55.9 47
Cyprus 7.3 0.7 <0.1% 12 63.0 53
Denmark 32.1 7.1 <0.1% 13 94.6 88
Estonia 13.9 1.1 <0.1% 13 82.8 74
Finland 41.7 4.2 <0.1% 13 100.0 88
France 323.6 58.3 <0.1% 12 81.4 71
Germany 702.0 53.4 <0.1% 14 87.1 80
Greece 67.2 9.7 <0.1% 11 56.6 49
Hong Kong 41.5 - <0.1% 12 87.9 76
Hungary 49.1 7.1 <0.1% 12 61.3 43
Iceland 3.3 0.5 <0.1% 13 93.1 74
Ireland 37.1 16.8 <0.1% 13 85.7 74
Israel 64.2 12.1 <0.1% 13 73.3 59
Italy 337.1 43.7 <0.1% 10 54.6 56
Japan 1,106.7 21.1 <0.1% 13 86.3 73
Korea, Rep. 611.3 25.5 <0.1% 12 77.9 62
Kuwait 107.5 6.1 <0.1% 7 56.8 43
Lithuania 13.5 3.2 <0.1% 13 73.2 61
Luxembourg 9.8 0.5 <0.1% 12 93.0 81
Malta 1.6 0.2 <0.1% 11 71.3 54
Mauritius 4.7 1.9 <0.1% 10 71.4 54
Netherlands 154.8 17.3 <0.1% 12 92.1 82
New Zealand 36.5 32.5 <0.1% 13 95.2 88
Norway 42.4 4.9 <0.1% 13 97.7 85
Oman 71.7 5.5 <0.1% 10 64.0 52
Panama 12.5 5.4 <0.1% 10 43.5 36
Poland 322.6 47.5 <0.1% 13 62.0 56
Portugal 48.6 11.3 <0.1% 9 77.9 62
Qatar 109.3 8.1 <0.1% 10 73.4 63
Romania 75.1 23.8 <0.1% 11 57.8 45
Saudi Arabia 582.1 44.2 <0.1% 10 54.6 53
Singapore 38.9 4.2 <0.1% 12 95.1 85
Sweden 42.8 4.6 <0.1% 13 93.3 85
Switzerland 37.7 4.8 <0.1% 13 93.8 84
Trinidad and Tobago 37.9 1.3 <0.1% 11 45.5 41
United Arab Emirates 190.7 53.0 <0.1% 12 71.3 69
United Kingdom 369.9 51.2 <0.1% 13 85.6 78
United States 5,284.7 623.8 <0.1% 13 82.4 67
Uruguay 6.4 20.9 <0.1% 9 65.4 73

High Income Countries
Totals/Averages:
12,332.0 1,519.9 N/A 12* 76.6* 66*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 100 = High rule of law, 0 = low rule of law.
    Corruption Perceptions Index: 100 = Low levels of corruption, 0 = High levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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