Per Capita GDP

Among major countries, the United States leads the world in one measure of national wealth, per capita GDP (gross domestic product). This measure is a crude one, since it simply divides the size of the economy by the size of the population; by no means should one infer from this measure that every man, woman, and child collects this amount each year from the government. However, it is a crude way of adjusting the size of a country's economy for the size of its population, since larger countries will - all things being equal - have larger economies. By this measure, the United States was most recently #1 in the world.

The per capita GDP also gives an upper limit to the average income a citizen of a country could enjoy. In a utopian world in which 100% of the GDP were somehow distributed equally to all citizens, for example, China could not have an average income of more than about $3,600 a year unless it grows its economy.

Per Capita GDP, Real (Inflation-Adjusted), 1998:

United States

32,413

++++++++++++++++

Norway

27,581

+++++++++++++

Denmark

26,176

+++++++++++++

Switzerland

25,590

++++++++++++

Canada

25,496

++++++++++++

Belgium

24,239

++++++++++++

Japan

24,170

++++++++++++

Netherlands

24,008

++++++++++++

Austria

23,930

+++++++++++

Germany

22,856

+++++++++++

France

22,255

+++++++++++

Italy

22,234

+++++++++++

U.K.

21,502

++++++++++

Sweden

21,218

++++++++++

Korea

14,574

+++++++

...

China

3,600

+

North Korea

1,000

+

Afghanistan

800

.

- source: Bureau of Labor Statistics

- Switzerland data extrapolated from more recent data

- China & North Korea & Afghanistan data from http://www.odci.gov/cia/publications/factbook/geos/ch.html#Econ and are as of 2000, not adjusted for inflation (so are artificially high in this table)