Ranked: Countries With The Most GDP Per Capita Growth (2020-2025)
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Key Takeaways
- Liechtenstein’s GDP per capita has grown by $67,713 since 2020, the largest absolute gain globally.
- Guyana saw the sharpest percentage increase in GDP per capita, surging 351% in five years, fueled by its rapidly expanding oil industry.
Since 2020, U.S. GDP per capita has grown by $25,081, the seventh-highest increase in the world.
Robust financial markets and economic resilience have supported the economy, even as inflation strained consumer wallets. Outside of America, there have been similar success stories, with some countries even doubling their GDP per capita in that relatively short span of time.
This graphic shows countries with the biggest gains in wealth growth since 2020, based on data from the IMF’s latest World Economic Outlook.
The Top Countries by GDP Per Capita Growth
Here are the top 20 countries by GDP per capita growth in the past five years, in nominal terms based on U.S. dollars:
| Rank | Country | GDP per Capita Dollar Increase 2020-2025 |
Rank | Country | GDP per Capita % Increase 2020-2025 |
|---|---|---|---|---|---|
| 1 | 🇱🇮 Liechtenstein | $67,713 | 1 | 🇬🇾 Guyana | 351% |
| 2 | 🇮🇪 Ireland | $42,914 | 2 | 🇬🇪 Georgia | 135% |
| 3 | 🇲🇴 Macao | $37,820 | 3 | 🇰🇬 Kyrgyz Republic | 119% |
| 4 | 🇮🇸 Iceland | $35,912 | 4 | 🇦🇲 Armenia | 110% |
| 5 | 🇸🇬 Singapore | $33,071 | 5 | 🇹🇷 Türkiye | 108% |
| 6 | 🇱🇺 Luxembourg | $29,248 | 6 | 🇦🇱 Albania | 106% |
| 7 | 🇺🇸 U.S. | $25,081 | 7 | 🇻🇪 Venezuela | 102% |
| 8 | 🇨🇭 Switzerland | $24,911 | 8 | 🇲🇴 Macao | 102% |
| 9 | 🇬🇾 Guyana | $24,425 | 9 | 🇧🇬 Bulgaria | 100% |
| 10 | 🇳🇴 Norway | $23,608 | 10 | 🇭🇹 Haiti | 99% |
| 11 | 🇶🇦 Qatar | $20,479 | 11 | 🇲🇪 Montenegro | 99% |
| 12 | 🇳🇱 Netherlands | $19,644 | 12 | 🇧🇮 Burundi | 98% |
| 13 | 🇸🇲 San Marino | $19,628 | 13 | 🇹🇯 Tajikistan | 92% |
| 14 | 🇲🇹 Malta | $17,440 | 14 | 🇲🇻 Maldives | 91% |
| 15 | 🇦🇼 Aruba | $17,091 | 15 | 🇷🇸 Serbia | 89% |
| 16 | 🇬🇧 UK | $16,430 | 16 | 🇲🇩 Moldova | 89% |
| 17 | 🇩🇰 Denmark | $15,505 | 17 | 🇺🇿 Uzbekistan | 86% |
| 18 | 🇮🇱 Israel | $15,414 | 18 | 🇸🇹 São Tomé and Príncipe |
86% |
| 19 | 🇧🇪 Belgium | $14,484 | 19 | 🇭🇷 Croatia | 82% |
| 20 | 🇨🇾 Cyprus | $14,117 | 20 | 🇵🇱 Poland | 78% |
Liechtenstein soars above the rest, with GDP per capita rising $67,713 since 2020.
Underscoring this jump is the fact that its currency is tied to the Swiss franc, which rose 20% against the U.S. dollar over the period. At the same time, the country stands as a hub for advanced, competitive manufacturing. The country also has many working commuters from neighboring nations, and this helps up drive up domestic wealth measures like GDP per capita.
Ireland ranks in second, with a $42,914 jump in GDP per capita. Several Big Tech and pharmaceutical companies are headquartered in the country, further driving up the nation’s wealth.
If we look at GDP per capita in terms of percentage gains, Guyana is a clear global outlier. Since 2020, GDP per capita has skyrocketed 351%. Guyana’s 11 billion barrel oil discovery is one of the world’s largest in decades, significantly fueling GDP growth.
Meanwhile, several countries across Eastern Europe and Asia have witnessed the sharpest gains in GDP per capita globally, with Georgia, Kyrgz Republic, Armenia, and Türkiye standing in the top five.
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