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China

Updated: December 2024

Key Insights
  • China: The biggest economy, approximately 33% larger than the USA
    China is the biggest economy in the world, estimated to be some 33% larger than the GDP of the USA in 2023, when calculated using Purchasing Power Parity data from the World Bank (with growth estimates from the IMF), and including estimates of the undervaluation of GDP due to an outdated base year, plus estimates of China's significant informal economy.

  • China growth v US growth
    Over the past decade China has contributed 30.9% to global growth, compared with the USA's contribution of 9.0%. Compound Annual Growth over the last 3 years has been 6.3%, almost double the USA rate of 3.7%. Few predict China's growth differential in relation to the USA will disappear in the near future.

  • Some reasons why China's GDP is likely to continue growing faster in the medium term than that of the USA
    China's GDP growth record is extraordinary; its education system is extraordinary (it graduates 1.4m engineers a year and over 20% of the world's bachelor degrees); it is far ahead of all countries in patent applications; it has a vast and highly skilled workforce focussed on the most tech intensive industries; and suggestions that China will get old before it gets rich due to the ending of its "demographic dividend" have been debunked by a recent paper pointing out that demographic changes have not been a critical driver of increases in GDP per Capita. There is more, not least that Asia as a whole is by far the biggest and fastest growing part of the world economy.

  • China's GDP per capita is likely to keep growing
    South Korea, and Taiwan have achieved GDP per head of around 80% of the US level, starting from very close to poverty. If China can raise GDP per head to just 50%+ of US levels (hardly an impossible task given its record over the last 40 years), it will have a GDP twice that of the US. If China's GDP per capita gets anywhere near those achieved in South Korea, its economy will approach three times the size of the US.

  • What might alter this perspective
    Any number of factors might derail China's growth, even in the short term, including war over Taiwan, mismanagement of the Chinese economy linked to its poor Governance rating, and further attempts by America to reduce trading links with China. A rapid decline in fertility rates will impact China’s future demographics. Recent studies have shown that sperm counts are declining worldwide, and this seems a fundamental factor in this fall in rates. China’s fertility levels are currently at 1%, which is half the necessary replacement rate. This means that each coming generation will be approximately half as large as the one before it. Long-term, one projection sees China’s population decline by a staggering 48% by the end of this century. But seismic events aside, given the giant size of its home market, (not to mention its role as workshop to the world), its attractiveness to companies like Apple, LMVH, and Volkswagen (all very dependent on Chinese markets) is unlikely to disappear in the near future.

  • NOTE: Chinese GDP data quality is rated C grade by World Economics, and so is usable with caution. Population data is rated A grade.
    Chinese GDP and Population data are usable as guides to Chinese economic activity and per capita activity, respectively. The main current problems are that data showing unfavourable movements in economic activity has from time to time been suppressed or published later than expected, and some data is out of date or understated.

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GDP DATA QUALITY

Data Quality Ratings are derived from scores in five areas: Base year recency; System of National Accounts framework version; Informal economy size; Statistical resources available; and likelihood of Government interference. Scores are based on a 0-100 scale. Read more...


GDP Data Quality Ratings
Index: 0 = Extremely poor quality, 100 = Good as it gets
Ranked by Data Quality Index
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Country
 Rank
Order		 World Economics
Data Quality
(Index, 0-100)		 World Economics
Data Quality
(Rating, A-E)		 Base
Year
Chained/Year		 SNA
Framework
Version		 Informal
Economy
% of GDP		 Statistical
Resources
Index (0-100)		 Governance
Levels
Index (0-100)





Switzerland 1 98.6 A Chained 2008 7.5 100.0 93.1
Netherlands 2 97.9 A Chained 2008 10.0 100.0 93.2
New Zealand 3 97.9 A Chained 2008 10.1 100.0 93.5
Denmark 4 97.6 A Chained 2008 15.3 100.0 98.8
Finland 5 97.4 A Chained 2008 14.7 100.0 97.3
Luxembourg 6 97.4 A Chained 2008 10.0 100.0 91.2
Sweden 7 97.2 A Chained 2008 13.6 100.0 95.1
Germany 8 97.0 A Chained 2008 11.2 100.0 90.8
Norway 9 97.0 A Chained 2008 15.8 100.0 97.0
Canada 10 96.7 A Chained 2008 11.3 100.0 89.5
Ireland 11 96.6 A Chained 2008 12.4 100.0 90.8
Austria 12 96.5 A Chained 2008 8.8 100.0 85.4
Australia 13 96.3 A Chained 2008 9.9 100.0 86.0
United Kingdom 14 96.3 A Chained 2008 10.1 100.0 86.2
Iceland 15 95.6 A Chained 2008 13.9 100.0 88.1
Japan 16 95.6 A Chained 2008 9.6 100.0 82.4
United States 17 95.1 A Chained 2008 7.2 100.0 76.9
France 18 94.9 A Chained 2008 13.2 100.0 84.2
Belgium 19 93.7 A Chained 2008 19.3 100.0 87.1
Czechia 20 93.2 A Chained 2008 14.5 100.0 78.5
Portugal 21 92.7 A Chained 2008 20.4 100.0 84.0
Singapore 22 92.3 A Chained 2008 10.5 100.0 69.0
Spain 23 90.8 A Chained 2008 21.5 100.0 76.8
Slovenia 24 89.9 A Chained 2008 24.0 100.0 76.3
Taiwan 25 89.7 A Chained 2008 22.4 0.0 82.7
Korea, Rep. 26 89.6 A Chained 2008 22.9 100.0 73.8
Israel 27 89.1 A Chained 2008 21.0 100.0 69.0
Hong Kong 28 88.7 A Chained 2008 13.7 100.0 57.0
Chile 29 88.4 A Chained 2008 19.5 86.7 75.7
Italy 30 88.4 A Chained 2008 24.0 100.0 69.7
Cyprus 31 87.3 A Chained 2008 27.3 100.0 69.3
Malta 32 86.8 B Chained 2008 27.8 100.0 67.9
Costa Rica 33 86.6 B Chained 2008 26.8 91.1 73.4
Mauritius 34 86.6 B Chained 2008 20.6 85.6 69.9
Greece 35 86.4 B Chained 2008 27.1 100.0 65.0
Romania 36 84.6 B Chained 2008 23.8 84.4 66.5
Poland 37 84.4 B Chained 2008 22.5 78.9 68.9
United Arab Emirates 38 83.8 B Chained 2008 20.5 100.0 44.4
Croatia 39 83.6 B Chained 2008 29.8 86.7 68.1
Bulgaria 40 82.2 B Chained 2008 28.0 85.6 60.1
Estonia 41 81.2 B Chained 2008 22.5 40.0 89.0
Mongolia 42 81.1 B 2015 2008 15.2 92.2 53.8
Latvia 43 81.0 B Chained 2008 25.1 53.3 79.7
Bahamas, The 44 80.5 B 2012 2008 30.3 100.0 72.8
Lithuania 45 80.4 B Chained 2008 21.8 43.3 81.6
Oman 46 80.0 B 2018 2008 19.9 100.0 40.5
Slovak Republic 47 80.0 B Chained 2008 14.9 40.0 73.7
Uruguay 48 79.9 B 2016 2008 32.0 80.0 79.4
Armenia 49 79.7 B Chained 2008 39.4 94.4 56.7
Moldova 50 78.8 B Chained 2008 41.0 91.1 57.5
Brazil 51 78.3 B Chained 2008 33.5 81.1 54.2
North Macedonia 52 77.6 B Chained 2008 33.5 72.2 59.3
Colombia 53 77.4 B Chained 2008 33.4 82.2 49.1
South Africa 54 77.0 B 2015 2008 29.0 81.1 63.8
Dominican Republic 55 76.9 B Chained 2008 34.0 72.2 56.5
Georgia 56 75.8 B Chained 2008 46.5 87.8 54.8
Jordan 57 75.8 B 2016 2008 17.0 77.8 43.0
Malaysia 58 74.8 B 2015 2008 25.3 76.7 53.3
Türkiye 59 74.4 B Chained 2008 31.4 81.1 34.1
Serbia 60 74.1 B 2015 2008 31.4 88.9 47.2
Hungary 61 74.0 B Chained 2008 23.5 40.0 58.3
Qatar 62 73.9 B 2018 1993 16.7 100.0 53.2
Bahrain 63 73.9 C 2010 2008 17.3 100.0 31.0
Indonesia 64 73.7 C 2010 2008 22.6 85.6 50.4
Malawi 65 73.2 C 2017 2008 30.8 70.0 54.2
China 66 73.1 C 2015 2008 12.7 80.0 25.8
Namibia 67 73.0 C 2015 2008 24.7 51.1 67.0
Morocco 68 72.6 C Chained 2008 31.8 66.7 39.6
Saudi Arabia 69 72.6 C 2010 2008 22.9 100.0 32.8
Philippines 70 72.5 C 2018 2008 34.4 82.2 42.3
Botswana 71 72.0 C 2016 2008 26.7 50.0 63.7
Ukraine 72 71.8 C Chained 2008 44.2 72.2 47.7
Algeria 73 71.7 C Chained 2008 17.5 50.0 30.8
Ghana 74 71.3 C 2013 2008 35.8 71.1 62.3
Sri Lanka 75 71.2 C 2015 2008 31.1 80.0 42.2
Suriname 76 71.0 C 2015 2008 33.1 57.8 63.4
Rwanda 77 70.7 C 2017 2008 31.4 73.3 40.6
Mexico 78 70.6 C 2013 2008 29.4 80.0 42.6
Belarus 79 69.7 C Chained 2008 37.9 83.3 20.0
Burkina Faso 80 69.5 C 2015 2008 33.3 67.8 48.1
Russia 81 69.4 C Chained 2008 38.2 82.2 19.9
Albania 82 69.2 C Chained 1993 32.5 87.8 50.9
Togo 83 68.9 C 2016 2008 29.7 67.8 37.8
Senegal 84 68.5 C 2014 2008 37.8 66.7 53.3
Niger 85 68.3 C 2015 2008 36.8 68.9 46.7
Lesotho 86 68.0 C 2012 2008 31.0 67.8 46.7
Argentina 87 67.9 C 2004 2008 30.0 78.9 56.7
Cote d'Ivoire 88 67.9 C 2015 2008 40.8 71.1 48.2
El Salvador 89 67.9 C 2014 2008 41.1 82.2 41.7
Benin 90 67.6 C Chained 2008 49.2 62.2 44.4
India 91 67.6 C 2011 2008 37.9 76.7 49.0
Guatemala 92 67.4 D Chained 2008 48.8 73.3 33.1
Mauritania 93 67.3 D 2014 2008 31.6 61.1 44.6
Uganda 94 67.2 D 2016 2008 34.5 71.1 33.8
Kenya 95 67.1 D 2016 2008 32.8 57.8 43.1
Pakistan 96 66.3 D 2016 2008 35.7 72.2 30.4
Turkmenistan 97 66.2 D Chained 2008 34.8 72.2 9.8
Comoros 98 65.9 D Chained 2008 36.6 46.7 34.1
Kuwait 99 65.9 D 2010 1993 20.3 100.0 44.0
Lebanon 100 65.7 D Chained 2008 31.6 44.4 28.3
Gambia 101 65.4 D 2013 2008 44.3 70.0 48.3
Kyrgyzstan 102 64.5 D Chained 1993 31.1 90.0 26.0
Mozambique 103 64.2 D 2014 2008 34.3 62.2 33.6
Peru 104 64.2 D 2007 2008 42.2 80.0 47.4
Tanzania 105 63.9 D 2017 2008 47.0 63.3 40.4
Tunisia 106 63.8 D Chained 1993 30.6 58.9 50.0
Paraguay 107 63.6 D 2014 2008 46.6 65.6 44.7
Ecuador 108 63.1 D 2007 2008 37.5 65.6 48.8
Kazakhstan 109 63.0 D Chained 1993 32.1 78.9 30.8
Bosnia and Herzegovina 110 62.3 D Chained 1993 33.2 60.0 45.7
Cameroon 111 61.9 D 2016 2008 30.1 46.7 26.1
Eswatini 112 61.7 D 2011 2008 41.1 71.1 31.8
Thailand 113 61.7 D Chained 1993 46.5 83.3 40.2
Sierra Leone 114 61.5 D 2006 2008 37.6 60.0 49.5
Zambia 115 61.0 D 2010 2008 38.8 53.3 44.1
Uzbekistan 116 60.7 D Chained 1993 27.3 67.8 23.8
Azerbaijan 117 59.3 D Chained 1993 37.1 80.0 19.9
Panama 118 59.0 D Chained 1993 51.8 61.1 55.4
Myanmar 119 58.4 D 2016 2008 49.0 74.4 11.5
Egypt 120 57.4 D 2016 1993 35.0 82.2 25.6
Nicaragua 121 57.1 D Chained 2008 52.9 46.7 16.5
Tajikistan 122 57.0 E Chained 1993 37.2 72.2 16.6
Vietnam 123 56.8 E 2010 1993 20.6 74.4 26.9
Jamaica 124 55.9 E 2007 1993 33.1 54.4 65.3
Guyana 125 55.8 E 2012 1993 29.3 45.6 54.3
Bangladesh 126 54.9 E 2016 1993 30.3 60.0 28.2
Liberia 127 54.9 E 2016 1993 42.7 57.8 46.4
Bhutan 128 54.7 E 2000 1993 22.9 60.0 60.1
Papua New Guinea 129 53.7 E 2013 1993 34.9 52.2 44.0
Nigeria 130 53.5 E 2010 2008 58.2 53.3 36.9
Haiti 131 53.0 E 2011 2008 55.5 53.3 28.2
Laos 132 52.7 E 2012 1993 27.4 62.2 22.9
Ethiopia 133 52.3 E 2015 1993 33.7 47.8 34.6
Zimbabwe 134 52.1 E 2012 2008 64.7 58.9 28.9
Guinea-Bissau 135 51.5 E 2015 1993 35.7 48.9 32.4
Nepal 136 51.5 E 2000 1993 33.3 72.2 48.9
Madagascar 137 49.7 E 2007 1993 36.5 54.4 42.5
Guinea 138 48.0 E 2010 1993 38.9 51.1 33.0
Burundi 139 44.8 E 2005 1993 36.6 57.8 23.3
Chad 140 44.6 E 2005 1993 34.7 54.4 22.5
Mali 141 44.2 E 1999 1993 33.3 60.0 30.1
Angola 142 41.9 E 2002 1993 39.7 45.6 33.2
Libya 143 41.6 E 2013 1993 35.3 25.6 14.2
Congo, Rep. 144 41.1 E 2005 1993 40.2 38.9 28.1
Cambodia 145 40.8 E 2000 1993 41.0 60.0 22.5
Honduras 146 40.7 E 2000 1993 46.0 56.7 32.1
Yemen, Rep. 147 40.1 E 2007 1993 27.4 27.8 11.2
Central African Republic 148 38.6 E 2005 1993 44.4 36.7 24.7
Congo, Dem. Rep 149 37.1 E 2005 1993 48.5 40.0 20.5
Gabon 150 36.6 E 2001 1993 51.8 40.0 33.7
Bolivia 151 35.7 E 1990 1993 55.0 66.7 39.7
Sudan 152 31.6 E 1996 1968 35.7 54.4 35.0
Afghanistan 153 28.8 E 2002 1993 73.6 57.8 9.7

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Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Rating definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality

The index calculations and displayed data are derived from the most current and up-to-date source data available.
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GDP SIZE

GDP Size data is shown in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Read more...


Gross Domestic Product (GDP)
Ranked by GDP: 2023
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Country Rank
Order		 World Economics
Data Quality
(Rating, A-E)		 2023
Estimate
Billions, PPP Int$		 2030
Estimate
Billions, PPP Int$		 Share of
Global GDP
%, 2023




China 1 C $39,097 $56,760 19.0%
United States 2 A $26,149 $30,630 12.7%
India 3 C $20,494 $29,949 9.9%
Russia 4 C $8,022 $9,025 3.9%
Japan 5 A $6,287 $6,439 3.1%
Germany 6 A $5,820 $5,985 2.8%
Indonesia 7 C $5,580 $7,420 2.7%
Brazil 8 B $5,295 $6,124 2.6%
France 9 A $4,271 $4,565 2.1%
United Kingdom 10 A $4,083 $4,425 2.0%
Italy 11 A $3,837 $4,114 1.9%
Mexico 12 C $3,925 $4,242 1.9%
Türkiye 13 B $3,879 $5,414 1.9%
Korea, Rep. 14 A $3,218 $3,740 1.6%
Egypt 15 D $2,919 $4,040 1.4%
Saudi Arabia 16 C $2,657 $3,115 1.3%
Spain 17 A $2,734 $3,064 1.3%
Canada 18 A $2,478 $2,755 1.2%
Nigeria 19 E $2,419 $2,864 1.2%
Thailand 20 D $2,223 $2,413 1.1%
Poland 21 B $1,978 $2,481 1.0%
Pakistan 22 D $1,969 $2,377 1.0%
Bangladesh 23 E $2,013 $3,212 1.0%
Vietnam 24 E $1,910 $2,891 0.9%
Argentina 25 C $1,774 $1,861 0.9%
Australia 26 A $1,729 $1,992 0.8%
Taiwan 27 A $1,573 $2,038 0.8%
Philippines 28 C $1,629 $2,182 0.8%
Malaysia 29 B $1,596 $2,054 0.8%
Netherlands 30 A $1,366 $1,535 0.7%
Colombia 31 B $1,311 $1,622 0.6%
South Africa 32 B $1,279 $1,339 0.6%
Romania 33 B $963 $1,164 0.5%
Kazakhstan 34 D $935 $1,185 0.5%
Belgium 35 A $898 $1,004 0.4%
United Arab Emirates 36 B $873 $1,085 0.4%
Ukraine 37 C $878 $788 0.4%
Singapore 38 A $814 $968 0.4%
Peru 39 D $785 $907 0.4%
Switzerland 40 A $790 $882 0.4%
Sweden 41 A $770 $874 0.4%
Ireland 42 A $691 $1,059 0.3%
Chile 43 A $697 $812 0.3%
Algeria 44 C $721 $831 0.4%
Austria 45 A $644 $670 0.3%
Czechia 46 A $594 $636 0.3%
Norway 47 A $566 $633 0.3%
Israel 48 A $573 $742 0.3%
Hong Kong 49 A $555 $581 0.3%
Portugal 50 A $532 $615 0.3%
Ethiopia 51 E $550 $913 0.3%
Angola 52 E $504 $523 0.2%
Hungary 53 B $481 $568 0.2%
Denmark 54 A $494 $573 0.2%
Greece 55 B $479 $552 0.2%
Myanmar 56 D $472 $451 0.2%
Kenya 57 D $473 $675 0.2%
Morocco 58 C $445 $518 0.2%
Sri Lanka 59 C $408 $363 0.2%
Uzbekistan 60 D $409 $623 0.2%
Qatar 61 B $385 $419 0.2%
Finland 62 A $370 $386 0.2%
Ecuador 63 D $371 $384 0.2%
Tanzania 64 D $379 $540 0.2%
Ghana 65 C $363 $472 0.2%
Dominican Republic 66 B $352 $477 0.2%
Belarus 67 C $352 $382 0.2%
Guatemala 68 D $333 $434 0.2%
Kuwait 69 D $307 $305 0.1%
Sudan 70 E $262 $180 0.1%
Cote d'Ivoire 71 C $323 $509 0.2%
Azerbaijan 72 D $296 $348 0.1%
New Zealand 73 A $283 $322 0.1%
Congo, Dem. Rep 74 E $292 $440 0.1%
Bulgaria 75 B $274 $334 0.1%
Slovak Republic 76 B $244 $273 0.1%
Nepal 77 E $240 $308 0.1%
Oman 78 B $237 $259 0.1%
Panama 79 D $247 $337 0.1%
Serbia 80 B $233 $301 0.1%
Bolivia 81 E $214 $237 0.1%
Tunisia 82 D $200 $207 0.1%
Croatia 83 B $204 $268 0.1%
Cameroon 84 D $205 $259 0.1%
Uganda 85 D $205 $300 0.1%
Afghanistan 86 E $170 $150 0.1%
Lithuania 87 B $162 $196 0.1%
Costa Rica 88 B $171 $220 0.1%
Libya 89 E $179 $232 0.1%
Paraguay 90 D $165 $192 0.1%
Uruguay 91 B $146 $164 0.1%
Cambodia 92 E $151 $204 0.1%
Jordan 93 B $136 $159 0.1%
Turkmenistan 94 D $130 $154 0.1%
Slovenia 95 A $127 $150 0.1%
Zambia 96 D $129 $164 0.1%
Senegal 97 C $125 $182 0.1%
Bahrain 98 C $117 $136 0.1%
Georgia 99 B $122 $192 0.1%
Honduras 100 E $113 $143 0.1%
Zimbabwe 101 E $113 $132 0.1%
Mali 102 E $109 $139 0.1%
El Salvador 103 C $108 $131 0.1%
Luxembourg 104 A $97 $112 0.0%
Gabon 105 E $99 $115 0.0%
Guinea 106 E $96 $140 0.0%
Latvia 107 B $89 $100 0.0%
Laos 108 E $92 $117 0.0%
Madagascar 109 E $90 $110 0.0%
Burkina Faso 110 C $88 $122 0.0%
Bosnia and Herzegovina 111 D $85 $104 0.0%
Lebanon 112 D $85 $59 0.0%
Mozambique 113 D $80 $102 0.0%
Armenia 114 B $82 $128 0.0%
Nicaragua 115 D $78 $99 0.0%
Benin 116 C $78 $126 0.0%
Estonia 117 B $70 $76 0.0%
Guyana 118 E $104 $194 0.1%
Congo, Rep. 119 E $72 $77 0.0%
Niger 120 C $69 $108 0.0%
Mongolia 121 B $72 $96 0.0%
Botswana 122 C $68 $86 0.0%
Albania 123 C $66 $84 0.0%
Papua New Guinea 124 E $65 $77 0.0%
Yemen, Rep. 125 E $60 $53 0.0%
Tajikistan 126 E $65 $113 0.0%
Cyprus 127 A $60 $80 0.0%
Rwanda 128 C $62 $105 0.0%
Haiti 129 E $56 $50 0.0%
North Macedonia 130 B $57 $64 0.0%
Chad 131 E $58 $67 0.0%
Kyrgyzstan 132 D $57 $75 0.0%
Moldova 133 B $55 $63 0.0%
Malawi 134 C $51 $61 0.0%
Mauritania 135 D $47 $61 0.0%
Namibia 136 C $44 $50 0.0%
Jamaica 137 E $42 $46 0.0%
Mauritius 138 B $41 $50 0.0%
Malta 139 B $40 $58 0.0%
Togo 140 C $38 $56 0.0%
Iceland 141 A $29 $34 0.0%
Sierra Leone 142 D $26 $33 0.0%
Eswatini 143 D $22 $29 0.0%
Burundi 144 E $20 $24 0.0%
Bahamas, The 145 B $20 $25 0.0%
Bhutan 146 E $18 $23 0.0%
Suriname 147 C $16 $16 0.0%
Liberia 148 E $14 $17 0.0%
Gambia 149 D $13 $19 0.0%
Central African Republic 150 E $11 $12 0.0%
Lesotho 151 C $9 $9 0.0%
Guinea-Bissau 152 E $7 $10 0.0%
Comoros 153 D $4 $5 0.0%

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Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality


GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.

Share of Global GDP expressed as a percentage of the sum of GDP for all countries in the World Economics database.

Displayed data relates to the latest data available: 2023.
Projections for 2030 are made by applying IMF growth rates for 2024 and 2025, with the 5-Year Compound Annual Growth Rate (CAGR) applied thereafter to extrapolate the data to 2030.
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GDP GROWTH

Compound Annual Growth Rates (CAGR) are derived from GDP Data in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.


Compound Annual Growth Rate (CAGR) over the last 10-years
Ranked by CAGR: 10-Year
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Country Rank
Order		 World Economics
Data Quality
(Rating, A-E)		 CAGR
10 Year
2013-2023		 CAGR
5 Year
2018-2023		 CAGR
3 Year
2020-2023		 Share of
Global Growth
Percentage




Guyana 1 E 100.2% 170.5% 136.5% 0.2%
Libya 2 E 19.8% 2.2% 20.1% 0.2%
Ireland 3 A 15.9% 8.5% 8.7% 0.7%
Ethiopia 4 E 12.8% 8.0% 6.9% 0.5%
Pakistan 5 D 12.5% 2.7% 4.0% 1.9%
Tajikistan 6 E 11.1% 9.5% 10.3% 0.1%
Cote d'Ivoire 7 C 10.1% 6.8% 7.6% 0.3%
Rwanda 8 C 9.9% 8.1% 10.4% 0.1%
Bangladesh 9 E 9.6% 7.7% 7.7% 1.7%
Malta 10 B 9.4% 5.8% 9.9% 0.0%
Vietnam 11 E 8.7% 6.1% 5.8% 1.5%
China 12 C 8.6% 5.8% 6.3% 30.9%
Guinea 13 E 8.6% 5.8% 5.3% 0.1%
India 14 C 8.5% 5.1% 9.2% 16.1%
Uzbekistan 15 D 8.1% 6.4% 7.3% 0.3%
Congo, Dem. Rep 16 E 7.8% 6.5% 8.2% 0.2%
Kenya 17 D 7.6% 5.3% 6.8% 0.3%
Benin 18 C 7.4% 7.2% 7.3% 0.1%
Senegal 19 C 7.4% 4.7% 5.5% 0.1%
Tanzania 20 D 7.4% 5.0% 5.1% 0.3%
Cambodia 21 E 7.3% 3.9% 4.8% 0.1%
Niger 22 C 7.3% 5.6% 5.4% 0.1%
Panama 23 D 7.0% 5.3% 14.6% 0.2%
Dominican Republic 24 B 6.9% 4.2% 7.6% 0.2%
Togo 25 C 6.8% 5.7% 6.5% 0.0%
Laos 26 E 6.7% 3.3% 3.2% 0.1%
Egypt 27 D 6.6% 5.3% 5.0% 2.0%
Philippines 28 C 6.6% 3.6% 7.2% 1.1%
Türkiye 29 B 6.6% 5.7% 8.4% 2.6%
Armenia 30 B 6.4% 6.9% 11.0% 0.1%
Georgia 31 B 6.3% 6.6% 11.6% 0.1%
Turkmenistan 32 D 6.3% 2.5% 3.0% 0.1%
Uganda 33 D 6.3% 5.1% 4.7% 0.1%
Burkina Faso 34 C 6.1% 4.5% 4.5% 0.1%
Bhutan 35 E 5.9% 2.1% 4.9% 0.0%
Mali 36 E 5.7% 3.3% 4.1% 0.1%
Ghana 37 C 5.5% 3.9% 3.7% 0.2%
Nepal 38 E 5.5% 3.5% 4.1% 0.1%
Indonesia 39 C 5.4% 3.8% 5.2% 3.4%
Morocco 40 C 5.4% 1.8% 4.5% 0.3%
Cameroon 41 D 5.3% 3.2% 3.9% 0.1%
Malaysia 42 B 5.3% 3.3% 5.8% 0.9%
Costa Rica 43 B 5.2% 3.6% 6.6% 0.1%
Cyprus 44 A 5.1% 4.6% 6.6% 0.0%
Mongolia 45 B 5.1% 3.3% 5.0% 0.0%
Mozambique 46 D 5.0% 3.1% 4.7% 0.0%
Israel 47 A 4.9% 4.6% 6.6% 0.3%
Papua New Guinea 48 E 4.8% 1.8% 2.5% 0.0%
Gambia 49 D 4.7% 4.8% 5.2% 0.0%
Myanmar 50 D 4.7% -1.3% -1.5% 0.3%
Romania 51 B 4.6% 2.8% 4.5% 0.5%
Guatemala 52 D 4.4% 4.0% 5.8% 0.2%
Poland 53 B 4.4% 3.3% 4.5% 1.0%
Kyrgyzstan 54 D 4.3% 3.1% 6.0% 0.0%
Oman 55 B 4.3% 0.9% 3.1% 0.1%
Guinea-Bissau 56 E 4.2% 3.0% 4.1% 0.0%
Honduras 57 E 4.2% 3.3% 7.8% 0.1%
Mauritania 58 D 4.2% 3.3% 4.3% 0.0%
Croatia 59 B 4.1% 4.3% 9.2% 0.1%
Zambia 60 D 4.1% 3.2% 5.9% 0.1%
Taiwan 61 A 4.0% 4.0% 4.0% 0.8%
Iceland 62 A 3.9% 2.4% 5.9% 0.0%
Hungary 63 B 3.8% 2.5% 3.9% 0.2%
Mauritius 64 B 3.8% 1.9% 7.3% 0.0%
Malawi 65 C 3.7% 2.5% 1.8% 0.0%
Bulgaria 66 B 3.6% 3.0% 4.9% 0.1%
New Zealand 67 A 3.6% 2.2% 3.1% 0.1%
Nicaragua 68 D 3.6% 3.2% 7.2% 0.0%
Singapore 69 A 3.6% 2.5% 5.0% 0.4%
Albania 70 C 3.5% 3.6% 6.4% 0.0%
Bolivia 71 E 3.5% 1.3% 4.4% 0.1%
Bosnia and Herzegovina 72 D 3.5% 2.9% 4.9% 0.0%
Kazakhstan 73 D 3.5% 3.2% 4.6% 0.4%
Lithuania 74 B 3.5% 2.9% 3.0% 0.1%
United Arab Emirates 75 B 3.5% 2.6% 5.8% 0.4%
Madagascar 76 E 3.4% 2.4% 4.9% 0.0%
Slovenia 77 A 3.4% 2.6% 4.5% 0.1%
Colombia 78 B 3.3% 3.5% 7.3% 0.6%
Paraguay 79 D 3.3% 1.6% 3.1% 0.1%
Serbia 80 B 3.1% 3.6% 4.7% 0.1%
Eswatini 81 D 3.0% 4.0% 6.2% 0.0%
Korea, Rep. 82 A 2.9% 2.1% 2.9% 1.2%
Bahamas, The 83 B 2.8% 3.6% 15.7% 0.0%
Bahrain 84 C 2.8% 1.7% 3.6% 0.0%
Botswana 85 C 2.8% 3.6% 8.2% 0.0%
Chile 86 A 2.8% 2.1% 5.5% 0.3%
El Salvador 87 C 2.8% 2.8% 6.6% 0.0%
Estonia 88 B 2.8% 1.5% 1.4% 0.0%
Peru 89 D 2.8% 1.8% 6.0% 0.3%
Saudi Arabia 90 C 2.8% 2.0% 4.5% 1.0%
Central African Republic 91 E 2.7% 1.3% 0.7% 0.0%
Uruguay 92 B 2.7% 1.1% 3.8% 0.1%
Comoros 93 D 2.6% 1.9% 2.6% 0.0%
Denmark 94 A 2.6% 2.3% 4.1% 0.2%
Jordan 95 B 2.6% 2.0% 3.1% 0.0%
Latvia 96 B 2.6% 1.5% 3.5% 0.0%
Moldova 97 B 2.6% 1.4% 3.9% 0.0%
Algeria 98 C 2.5% 1.5% 3.9% 0.2%
Australia 99 A 2.5% 2.2% 3.0% 0.6%
Czechia 100 A 2.5% 0.7% 1.9% 0.2%
Luxembourg 101 A 2.5% 2.1% 2.7% 0.0%
United States 102 A 2.5% 2.2% 3.7% 9.0%
North Macedonia 103 B 2.4% 1.4% 3.1% 0.0%
Slovak Republic 104 B 2.4% 1.5% 2.7% 0.1%
Sweden 105 A 2.4% 1.9% 3.1% 0.3%
Zimbabwe 106 E 2.4% 1.5% 7.8% 0.0%
Gabon 107 E 2.3% 1.9% 2.3% 0.0%
Mexico 108 C 2.3% 1.0% 4.7% 1.3%
Nigeria 109 E 2.3% 2.2% 3.5% 0.8%
Portugal 110 A 2.3% 2.1% 5.5% 0.2%
Netherlands 111 A 2.2% 1.9% 3.8% 0.4%
Spain 112 A 2.2% 1.3% 5.4% 0.9%
Switzerland 113 A 2.2% 1.7% 3.1% 0.2%
Norway 114 A 2.1% 1.6% 2.7% 0.2%
Namibia 115 C 2.0% 1.2% 5.3% 0.0%
Qatar 116 B 2.0% 1.0% 2.6% 0.1%
South Africa 117 B 2.0% 0.4% 2.5% 0.4%
Thailand 118 D 2.0% 0.5% 2.1% 0.6%
Belgium 119 A 1.9% 1.8% 4.1% 0.2%
Sri Lanka 120 C 1.9% -2.2% -2.2% 0.1%
Canada 121 A 1.8% 1.4% 3.5% 0.7%
Tunisia 122 D 1.8% 0.1% 2.6% 0.1%
United Kingdom 123 A 1.7% 1.1% 4.9% 1.0%
Sierra Leone 124 D 1.5% 3.1% 3.9% 0.0%
Hong Kong 125 A 1.4% -0.3% 2.2% 0.1%
Azerbaijan 126 D 1.3% 2.1% 4.1% 0.1%
Burundi 127 E 1.3% 2.1% 2.7% 0.0%
Germany 128 A 1.3% 0.4% 1.6% 1.1%
Liberia 129 E 1.3% 2.0% 5.3% 0.0%
Austria 130 A 1.2% 0.7% 3.0% 0.1%
France 131 A 1.2% 0.9% 3.5% 0.8%
Greece 132 B 1.2% 2.0% 6.0% 0.1%
Chad 133 E 1.1% 1.5% 1.9% 0.0%
Russia 134 C 1.1% 1.4% 2.6% 1.4%
Finland 135 A 1.0% 0.5% 1.2% 0.1%
Italy 136 A 1.0% 1.1% 4.8% 0.6%
Jamaica 137 E 1.0% 0.8% 4.4% 0.0%
Ecuador 138 D 0.9% 0.4% 3.4% 0.1%
Japan 139 A 0.8% 0.2% 1.9% 0.8%
Brazil 140 B 0.6% 1.9% 3.9% 0.5%
Belarus 141 C 0.4% 0.5% 0.6% 0.0%
Argentina 142 C 0.2% 0.7% 5.3% 0.1%
Yemen, Rep. 143 E 0.2% -2.4% 0.0% 0.0%
Kuwait 144 D 0.1% -0.2% 2.9% 0.0%
Angola 145 E 0.0% -0.3% 1.6% 0.0%
Lesotho 146 C 0.0% -0.7% 1.7% 0.0%
Haiti 147 E -0.1% -1.9% -1.7% 0.0%
Sudan 148 E -0.4% -4.5% -5.9% 0.0%
Congo, Rep. 149 E -0.5% 0.3% 2.3% 0.0%
Afghanistan 150 E -1.0% -3.7% -6.6% 0.0%
Suriname 151 C -1.2% -2.2% 0.8% 0.0%
Ukraine 152 C -2.2% -3.2% -5.2% -0.4%
Lebanon 153 D -2.8% -6.1% -3.2% -0.1%

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Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality


GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.

Share of Global GDP Growth expressed as a percentage of the sum of GDP for all countries in the World Economics database.

Displayed data and calculations are based on the latest data available to end of year 2023.
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WEALTH

Wealth is notoriously difficult to measure. The table below shows two measures: GDP per Capita and Asset Wealth per Capita (derived from the Credit Suisse Wealth Report 2023). Population data is sourced from the United Nations Population Prospects database.


Income and Asset Wealth Per Capita
Indexes: 0 = Extremely poor, 100 = Good as it gets.
Data ranked by Income per Capita
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Country Income
per Capita
(2023, Int$)		 Asset Wealth
per Capita
(2023, Int$)




Guyana $160,473.00 $11,059.00
Luxembourg $146,508.00 $456,650.00
Singapore $143,111.00 $316,889.00
Ireland $131,048.00 $180,544.00
Qatar $128,315.00 $149,831.00
Norway $102,989.00 $300,309.00
Switzerland $89,718.00 $548,958.00
Denmark $84,206.00 $316,195.00
United Arab Emirates $82,287.00 $130,505.00
Saudi Arabia $79,424.00 $61,385.00
Malta $78,117.00 $108,398.00
United States $77,744.00 $411,375.00
Belgium $77,344.00 $273,401.00
Hong Kong $77,110.00 $466,255.00
Netherlands $75,435.00 $276,360.00
Bahrain $75,262.00 $78,088.00
Iceland $74,853.00 $343,709.00
Sweden $73,268.00 $220,032.00
Taiwan $70,271.00 $226,641.00
Austria $70,216.00 $200,246.00
Germany $68,839.00 $209,209.00
Finland $65,718.00 $142,819.00
Australia $65,491.00 $367,637.00
Italy $65,084.00 $187,190.00
France $64,873.00 $242,863.00
Korea, Rep. $63,749.00 $190,985.00
Canada $63,177.00 $290,424.00
Israel $61,437.00 $149,109.00
Slovenia $60,666.00 $88,693.00
Kuwait $60,476.00 $130,855.00
United Kingdom $59,689.00 $235,795.00
Spain $58,696.00 $178,600.00
Lithuania $57,940.00 $54,077.00
Russia $57,326.00 $30,365.00
Czechia $55,944.00 $73,366.00
Panama $55,735.00 $33,571.00
Croatia $54,499.00 $57,376.00
New Zealand $54,296.00 $272,757.00
Poland $52,853.00 $38,805.00
Portugal $51,949.00 $129,201.00
Romania $51,581.00 $33,530.00
Estonia $51,253.00 $61,991.00
Japan $50,945.00 $183,155.00
Hungary $50,448.00 $45,095.00
Bahamas, The $50,336.00 $50,894.00
Greece $48,763.00 $86,063.00
Latvia $48,354.00 $77,040.00
Malaysia $46,975.00 $19,762.00
Kazakhstan $46,882.00 $36,722.00
Cyprus $45,608.00 $86,498.00
Türkiye $45,588.00 $12,131.00
Oman $45,407.00 $40,694.00
Slovak Republic $45,228.00 $46,590.00
Uruguay $44,499.00 $63,393.00
Bulgaria $41,541.00 $38,578.00
Belarus $40,196.00 $26,847.00
Gabon $40,084.00 $8,619.00
Argentina $37,462.00 $9,176.00
Chile $36,155.00 $39,685.00
Serbia $35,904.00 $26,017.00
Costa Rica $34,569.00 $40,482.00
Georgia $34,406.00 $22,262.00
Mauritius $33,985.00 $52,285.00
Dominican Republic $32,347.00 $0.00
Thailand $31,869.00 $19,791.00
North Macedonia $31,756.00 $0.00
Mexico $30,398.00 $37,857.00
Azerbaijan $29,568.00 $15,078.00
Armenia $29,160.00 $27,358.00
China $28,796.00 $59,260.00
Bosnia and Herzegovina $27,528.00 $27,407.00
Botswana $27,157.00 $8,971.00
Suriname $26,654.00 $4,814.00
Brazil $25,715.00 $21,384.00
Egypt $25,679.00 $11,081.00
Colombia $25,204.00 $10,828.00
Paraguay $24,661.00 $9,910.00
Libya $24,524.00 $9,001.00
Albania $24,333.00 $27,185.00
Bhutan $23,870.00 $0.00
Ukraine $23,821.00 $18,479.00
Peru $23,629.00 $15,108.00
Mongolia $21,775.00 $4,642.00
Indonesia $20,606.00 $11,732.00
Ecuador $20,518.00 $14,018.00
South Africa $20,194.00 $15,327.00
Vietnam $20,011.00 $10,287.00
Guatemala $18,699.00 $0.00
Moldova $18,660.00 $18,918.00
Eswatini $18,373.00 $0.00
Sri Lanka $17,918.00 $16,398.00
Turkmenistan $17,788.00 $11,970.00
Bolivia $17,496.00 $8,476.00
El Salvador $17,458.00 $32,051.00
Tunisia $16,552.00 $14,207.00
Algeria $15,974.00 $7,762.00
India $15,136.00 $10,755.00
Jamaica $15,092.00 $18,050.00
Namibia $14,959.00 $11,520.00
Lebanon $14,842.00 $64,439.00
Philippines $14,825.00 $8,616.00
Angola $13,624.00 $2,263.00
Laos $12,377.00 $3,668.00
Bangladesh $12,178.00 $6,239.00
Jordan $12,074.00 $20,728.00
Morocco $11,989.00 $9,170.00
Uzbekistan $11,842.00 $0.00
Nicaragua $11,773.00 $9,792.00
Congo, Rep. $11,606.00 $655.00
Ghana $10,853.00 $3,282.00
Honduras $10,805.00 $0.00
Cote d'Ivoire $10,738.00 $0.00
Nigeria $10,684.00 $3,123.00
Mauritania $9,567.00 $1,645.00
Cambodia $9,006.00 $3,777.00
Kenya $8,771.00 $7,895.00
Myanmar $8,736.00 $5,185.00
Kyrgyzstan $8,493.00 $5,196.00
Nepal $8,353.00 $2,913.00
Pakistan $8,021.00 $2,819.00
Cameroon $7,286.00 $1,536.00
Senegal $7,140.00 $2,421.00
Zimbabwe $6,914.00 $4,260.00
Guinea $6,726.00 $3,030.00
Tajikistan $6,467.00 $2,465.00
Papua New Guinea $6,415.00 $4,356.00
Zambia $6,171.00 $1,653.00
Tanzania $5,810.00 $2,150.00
Benin $5,759.00 $1,313.00
Gambia $5,071.00 $1,442.00
Comoros $4,847.00 $2,347.00
Rwanda $4,642.00 $2,767.00
Mali $4,615.00 $1,073.00
Haiti $4,599.00 $341.00
Ethiopia $4,396.00 $2,371.00
Uganda $4,334.00 $1,235.00
Togo $4,200.00 $773.00
Afghanistan $4,117.00 $971.00
Sudan $4,005.00 $457.00
Lesotho $3,997.00 $858.00
Burkina Faso $3,928.00 $731.00
Guinea-Bissau $3,557.00 $930.00
Sierra Leone $3,144.00 $341.00
Madagascar $2,930.00 $1,088.00
Chad $2,927.00 $547.00
Niger $2,821.00 $551.00
Congo, Dem. Rep $2,789.00 $694.00
Liberia $2,652.00 $2,953.00
Malawi $2,411.00 $1,099.00
Mozambique $2,406.00 $620.00
Central African Republic $2,085.00 $348.00
Burundi $1,485.00 $378.00
Yemen, Rep. $1,454.00 $3,048.00

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Data Notes
Income Wealth uses GDP per capita derived from World Economics GDP data for 2023 measured in PPP Int$ terms, with added estimates for the Informal economy and adjustments for Base Year age.

Asset Wealth uses the Credit Suisse Mean Net Wealth per country data converted into per capita terms using population data from the United Nations Population Prospects database.

Displayed data and calculations are based on the latest data year: 2023.
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INEQUALITY

The Inequality Index shown below is derived from the Gini Inequality Coefficient. Gini Country data varies considerably by date. These variations are recorded in the World Economics database.

The World Economics Inequality Index ranks each country onto a scale of 0-100, a high value indicates a more egalitarian society - and a low value suggests a lot of the national income is in the hands of very few depending upon the unit of measurement. Read more...


Inequality Rankings
Index: 0-100, 0 = High Inequality; 100 = High Equality
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Country Rank
Order		 World Economics
Inequality Index
(0-100)		 World Economics
Inequality Rating
(A-E)		 Gini
Coefficient
(%)		 Gini
Data
(Year)




Slovak Republic 1 100.0 A 23.2 2020
Slovenia 2 98.1 A 24.0 2020
Belarus 3 97.2 A 24.4 2020
Ukraine 4 94.5 A 25.6 2020
Moldova 5 94.2 A 25.7 2021
Czechia 6 93.9 A 25.8 2020
Belgium 7 92.2 A 26.6 2020
Denmark 8 91.2 A 27.0 2020
Finland 9 90.2 A 27.5 2020
Norway 10 90.0 A 27.6 2020
Netherlands 11 89.5 A 27.8 2020
Armenia 12 89.2 A 27.9 2021
Azerbaijan 13 88.9 A 38.2 2019
Hungary 14 88.3 A 28.3 2020
Korea, Rep. 15 86.6 A 29.0 2020
Sweden 16 86.4 A 29.1 2020
Croatia 17 86.1 A 29.2 2020
Iceland 18 85.0 A 29.7 2021
Kyrgyzstan 19 85.0 A 29.7 2020
Ireland 20 84.2 A 30.0 2020
Austria 21 84.1 A 30.1 2020
Estonia 22 82.6 A 30.8 2020
Malta 23 81.5 A 31.2 2020
Cyprus 24 81.0 A 31.5 2020
Serbia 25 80.8 A 31.5 2020
North Macedonia 26 80.3 A 31.8 2019
Poland 27 80.1 A 31.8 2020
France 28 79.9 A 31.9 2020
Switzerland 29 79.9 A 31.9 2019
Albania 30 79.4 A 32.2 2020
Australia 31 78.3 A 32.6 2019
United Kingdom 32 78.3 B 32.6 2020
Algeria 33 77.2 B 38.1 2019
Greece 34 77.2 B 33.1 2020
Singapore 35 75.8 B 33.7 2019
Portugal 36 75.7 B 33.7 2020
Taiwan 37 75.1 B 34.0 2020
Luxembourg 38 74.9 B 34.1 2020
Georgia 39 74.7 B 34.2 2021
Bosnia and Herzegovina 40 74.6 B 34.3 2019
New Zealand 41 73.8 B 34.6 2019
Spain 42 73.6 B 34.7 2020
Germany 43 73.3 B 34.8 2019
Romania 44 73.2 B 34.8 2020
Thailand 45 72.6 B 35.1 2021
Italy 46 72.4 B 35.2 2020
Latvia 47 72.4 B 35.2 2020
Russia 48 71.6 B 35.5 2020
Egypt 49 71.5 B 35.6 2018
Lithuania 50 70.5 B 36.0 2020
Vietnam 51 68.7 B 36.8 2020
United Arab Emirates 52 68.5 B 36.9 2019
Pakistan 53 67.8 B 37.2 2019
Indonesia 54 66.2 B 37.9 2022
Dominican Republic 55 64.8 B 38.5 2021
Gambia 56 64.1 B 38.8 2020
El Salvador 57 63.6 B 39.0 2021
Bhutan 58 62.0 B 42.1 2019
Canada 59 62.0 B 39.7 2019
Peru 60 60.9 B 40.2 2021
Philippines 61 60.9 B 40.2 2021
Mali 62 60.8 C 40.2 2020
Malaysia 63 60.7 C 40.3 2019
Bulgaria 64 60.2 C 40.5 2021
Mauritania 65 60.2 C 40.5 2019
United States 66 59.9 C 40.6 2020
Uruguay 67 59.5 C 40.8 2021
Bolivia 68 59.2 C 40.9 2021
Afghanistan 69 59.0 C 41.0 2019
Kazakhstan 70 58.6 C 41.2 2019
Guinea 71 58.5 C 41.2 2019
Tunisia 72 58.2 C 41.4 2019
Nepal 73 57.9 C 41.5 2019
Argentina 74 56.7 C 42.0 2021
Tajikistan 75 56.2 C 42.2 2019
Bangladesh 76 55.8 C 42.4 2019
Nigeria 77 55.1 C 42.7 2019
China 78 54.6 C 42.9 2020
Mongolia 79 54.6 C 42.9 2019
Myanmar 80 54.6 C 42.9 2019
Paraguay 81 54.6 C 42.9 2021
Liberia 82 53.9 C 43.2 2019
Gabon 83 53.7 C 43.3 2019
Laos 84 53.6 C 43.3 2019
Libya 85 51.8 C 44.1 2019
Japan 86 51.6 C 44.2 2019
Oman 87 51.4 C 44.3 2019
Türkiye 88 50.2 C 44.9 2020
Chile 89 50.0 C 44.9 2020
Burkina Faso 90 49.8 C 54.8 2019
Sudan 91 49.7 C 45.0 2019
Cambodia 92 48.9 C 45.4 2019
Mexico 93 48.9 D 45.4 2020
Ethiopia 94 48.7 D 45.5 2019
Uzbekistan 95 48.6 D 45.5 2019
Ecuador 96 48.0 D 45.8 2021
Burundi 97 47.3 D 48.4 2019
Papua New Guinea 98 46.9 D 46.3 2019
Guinea-Bissau 99 46.8 D 46.3 2019
Chad 100 45.8 D 46.7 2019
Benin 101 45.4 D 46.9 2019
Sierra Leone 102 45.2 D 47.0 2019
Mauritius 103 44.3 D 47.4 2019
Israel 104 43.4 D 47.8 2019
Senegal 105 43.4 D 47.8 2019
Hong Kong 106 42.5 D 48.2 2019
Jordan 107 42.1 D 48.4 2019
Malawi 108 42.0 D 48.4 2019
Cote d'Ivoire 109 41.4 D 48.7 2019
Costa Rica 110 41.3 D 48.7 2021
Kenya 111 41.3 D 48.7 2019
Congo, Dem. Rep 112 41.0 D 48.8 2019
Turkmenistan 113 40.9 D 48.9 2019
Ghana 114 40.8 D 48.9 2019
Sri Lanka 115 40.7 D 49.0 2019
Niger 116 40.2 D 49.2 2019
Morocco 117 39.6 D 49.4 2019
Lesotho 118 39.4 D 49.5 2019
Comoros 119 37.7 D 50.3 2019
Madagascar 120 36.6 D 50.8 2019
Panama 121 36.2 D 50.9 2021
Honduras 122 35.2 D 51.4 2019
Tanzania 123 35.2 E 51.4 2019
Colombia 124 34.9 E 51.5 2021
Cameroon 125 33.6 E 52.1 2019
Togo 126 33.4 E 52.1 2019
Brazil 127 31.6 E 52.9 2021
Kuwait 128 31.6 E 52.9 2019
Bahamas, The 129 30.7 E 53.3 2019
Guatemala 130 30.7 E 53.3 2019
Guyana 131 30.7 E 53.3 2019
Haiti 132 30.7 E 53.3 2019
Jamaica 133 30.7 E 53.3 2019
Nicaragua 134 30.7 E 53.3 2019
Suriname 135 30.7 E 53.3 2019
Qatar 136 29.6 E 53.8 2019
Rwanda 137 29.2 E 53.9 2019
Lebanon 138 28.7 E 54.2 2019
Saudi Arabia 139 28.2 E 54.4 2019
Zimbabwe 140 28.0 E 54.5 2019
Uganda 141 27.9 E 54.5 2020
Bahrain 142 25.1 E 55.7 2019
Congo, Rep. 143 24.7 E 55.9 2019
India 144 21.9 E 57.1 2019
Angola 145 20.4 E 61.1 2019
Yemen, Rep. 146 19.5 E 58.2 2019
Botswana 147 17.0 E 59.3 2019
Central African Republic 148 14.2 E 64.9 2019
Zambia 149 11.3 E 61.7 2019
Namibia 150 5.6 E 64.2 2019
Mozambique 151 4.6 E 64.6 2019
South Africa 152 2.9 E 65.4 2019
Eswatini 153 0.0 E 66.7 2017

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Data Notes
The Index is on a scale of 0-100, a high value indicates a more egalitarian society - and a low value suggests a lot of the national income is in the hands of very few depending upon the unit of measurement.

Rating definitions:
         A: Very good
         B: Good
         C: Average
         D: Poor
         E: Very poor


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DEBT

The debt-to-GDP ratio is the ratio between a country's offical government debt and its gross domestic product (GDP), the later measured in Purchasing Power Parity terms with added estimates for out-of-date adjustments for out-of-date GDP base years and the size of informal economic activity.


Debt-to-GDP Ratio
Ranked by debt as a percentage of GDP
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Country Rank
Order		 Debt
% of GDP		 Debt
Billions, Int$



Japan 1 232.2% $14,597.66
Lebanon 2 215.2% $181.88
Singapore 3 147.1% $1,196.84
Sudan 4 139.8% $366.59
Greece 5 124.9% $598.57
United States 6 115.0% $30,071.27
Italy 7 112.3% $4,308.71
France 8 98.6% $4,210.86
Libya 9 97.3% $173.72
United Kingdom 10 94.8% $3,870.32
Canada 11 94.1% $2,331.59
Bahrain 12 92.1% $108.18
Belgium 13 88.3% $792.81
Spain 14 87.5% $2,392.64
Sri Lanka 15 80.7% $329.49
Laos 16 80.3% $74.28
Portugal 17 78.6% $417.86
Jordan 18 71.7% $97.73
China 19 71.0% $27,758.63
Bhutan 20 70.8% $12.74
Finland 21 69.7% $257.88
Austria 22 69.3% $446.46
Mauritius 23 67.1% $27.45
Ukraine 24 65.2% $572.33
Brazil 25 65.0% $3,441.73
Egypt 26 63.5% $1,853.49
Suriname 27 63.4% $10.42
Mozambique 28 62.1% $49.78
Bahamas, The 29 60.9% $12.09
Hungary 30 60.5% $291.06
Tunisia 31 60.2% $120.38
Argentina 32 60.1% $1,066.21
Zambia 33 57.9% $74.58
El Salvador 34 57.3% $61.63
Germany 35 57.3% $3,334.95
Israel 36 55.7% $319.10
Cyprus 37 55.5% $33.31
Slovenia 38 54.4% $68.91
Yemen, Rep. 39 53.8% $32.09
Morocco 40 53.4% $237.39
India 41 52.9% $10,841.43
Ghana 42 52.3% $189.59
Congo, Rep. 43 51.6% $36.94
Malawi 44 51.6% $26.47
Slovak Republic 45 51.6% $125.71
Iceland 46 51.5% $15.10
Zimbabwe 47 51.5% $58.26
South Africa 48 50.9% $651.09
Guinea-Bissau 49 49.4% $3.69
Pakistan 50 49.1% $966.63
Kenya 51 48.8% $230.67
Bolivia 52 48.6% $103.95
Malaysia 53 48.4% $772.46
Rwanda 54 48.0% $29.83
Costa Rica 55 47.8% $81.72
Jamaica 56 46.8% $19.81
Togo 57 46.6% $17.74
Korea, Rep. 58 46.1% $1,483.31
Croatia 59 45.9% $93.83
Namibia 60 45.5% $20.03
Senegal 61 45.5% $56.80
Uruguay 62 45.2% $66.02
Australia 63 45.1% $779.75
Poland 64 45.0% $890.29
Dominican Republic 65 44.4% $156.19
Thailand 66 44.0% $977.93
Albania 67 43.8% $28.85
Netherlands 68 43.4% $593.06
New Zealand 69 43.0% $121.69
Romania 70 42.8% $412.09
Malta 71 41.9% $16.87
Burkina Faso 72 41.5% $36.44
North Macedonia 73 40.9% $23.17
Colombia 74 40.8% $535.07
Mexico 75 40.7% $1,597.50
Burundi 76 40.4% $8.25
Lesotho 77 40.1% $3.65
Philippines 78 40.1% $653.21
Algeria 79 39.5% $284.94
Czechia 80 39.4% $234.14
Sierra Leone 81 39.0% $10.20
Gambia 82 38.2% $5.07
Armenia 83 38.1% $31.40
Mongolia 84 37.7% $27.18
Ecuador 85 37.3% $138.38
Angola 86 37.0% $186.48
Ireland 87 36.6% $252.76
Myanmar 88 36.6% $172.63
Cote d'Ivoire 89 36.0% $116.36
Kyrgyzstan 90 36.0% $20.67
Benin 91 35.8% $28.10
Gabon 92 35.7% $35.24
Panama 93 35.7% $88.13
Liberia 94 35.4% $5.03
Belarus 95 35.2% $123.90
Papua New Guinea 96 34.8% $22.58
Latvia 97 34.5% $30.87
Serbia 98 34.3% $79.88
Switzerland 99 34.2% $270.15
Chile 100 33.9% $236.43
Uganda 101 32.9% $67.52
Norway 102 32.8% $185.51
Madagascar 103 32.1% $28.81
Mauritania 104 31.7% $15.06
Sweden 105 31.7% $244.16
Niger 106 31.4% $21.80
Qatar 107 30.0% $115.59
Central African Republic 108 29.7% $3.25
Lithuania 109 29.7% $48.03
Bangladesh 110 29.4% $591.72
Mali 111 28.9% $31.53
Tanzania 112 28.5% $107.95
Uzbekistan 113 28.3% $115.80
Paraguay 114 28.2% $46.52
Oman 115 27.8% $66.01
Indonesia 116 27.7% $1,545.64
Honduras 117 27.5% $31.09
Cameroon 118 26.7% $54.62
Georgia 119 26.5% $32.46
Moldova 120 26.5% $14.63
Comoros 121 26.0% $1.06
Nepal 122 25.6% $61.48
Nicaragua 123 25.6% $20.09
Luxembourg 124 25.4% $24.74
Denmark 125 25.3% $124.96
United Arab Emirates 126 25.1% $219.22
Nigeria 127 24.6% $595.01
Vietnam 128 23.9% $456.56
Türkiye 129 23.5% $911.62
Guyana 130 22.7% $23.62
Tajikistan 131 22.4% $14.46
Bosnia and Herzegovina 132 22.3% $18.96
Eswatini 133 21.9% $4.79
Peru 134 21.5% $168.79
Guinea 135 20.6% $19.71
Ethiopia 136 19.9% $109.48
Saudi Arabia 137 19.3% $512.81
Estonia 138 18.8% $13.24
Guatemala 139 18.5% $61.61
Taiwan 140 18.4% $289.41
Bulgaria 141 18.3% $50.22
Kazakhstan 142 18.3% $171.14
Chad 143 18.2% $10.50
Cambodia 144 15.0% $22.64
Russia 145 15.0% $1,203.27
Azerbaijan 146 13.3% $39.40
Botswana 147 12.5% $8.48
Haiti 148 9.1% $5.13
Hong Kong 149 7.9% $43.81
Congo, Dem. Rep 150 5.8% $16.94
Kuwait 151 5.1% $15.65
Afghanistan 152 3.6% $6.12
Turkmenistan 153 3.5% $4.56
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Data Notes
GDP is presented it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.

Debt-to-GDP ratio expressed in percentage terms.
Displayed data relates to end of year: 2023.

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