GDP Per Capita in OECD countries 2022

| Macroeconomics | 23 seen

OECD or The Organisation for Economic Co-operation and Development is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. ]

It is a forum and its members are countries that describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members.

Also, sometimes called the club of the wealthiest countries, in this article I decided to pull up GDP per capita data for each of the countries and make some ranking.

GDP per capita in OECD countries 2022

Rank Country

GDP per capita USD

1 Luxembourg 135,682.79
2 Ireland 99,152.10
3 Switzerland 93,457.44
4 Norway 89,202.75
5 United States 69,287.54
6 Iceland 68,383.77
7 Denmark 67,803.05
8 Sweden 60,238.99
9 Australia 59,934.13
10 Netherlands 58,061.00
11 Finland 53,982.61
12 Austria 53,267.93
13 Canada 52,051.35
14 Belgium 51,767.79
15 Israel 51,430.08
16 Germany 50,801.79
17 New Zealand 48,801.69
18 United Kingdom 47,334.36
19 France 43,518.54
20 Japan 39,285.16
21 Italy 35,551.28
22 South Korea 34,757.72
23 Spain 30,115.71
24 Slovenia 29,200.82
25 Estonia 27,280.66
26 Czech Republic 26,378.50
27 Portugal 24,262.18
28 Lithuania 23,433.39
29 Slovakia 21,087.85
30 Latvia 20,642.17
31 Greece 20,276.54
32 Hungary 18,772.67
33 Poland 17,840.92
34 Chile 16,502.84
35 Costa Rica 12,508.62
36 Mexico 9,926.42
37 Turkey 9,586.61
38 Colombia 6,131.23

Data sources: OECD and World Bank

The gap between the richest country in terms of GDP per capita Luxembourg and the lowest Colombia is quite impressive about 22 times.

OECD countries by GDP per capita 2022

Most of the countries with the highest GDP per capita are located in the so-called "Western countries" - European Union, US & Canada, Australia, New Zealand, Japan, South Korea

Countries with lower GDP per capita are located in South and Central America (Chile, Colombia and Costa Rica), the Middle East and Eastern Europe (also members of the EU)

It will be interesting to observe how OECD will evolve, will we see first country from the African country joining the club. Also Russia, Brazil, China, India. 

Maybe some countries will leave?

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