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 39% of Global GDP and 24% of global GDP growth in the past 10 years (2012-2022).

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 39 against a global average of 30.



Economics



High Income
Countries		 Revised GDP PPP
Int$, Billions		 CAGR
10 Year
Rate
%, 2012-2022		 Share of
Global
GDP
%		 Share of Global GDP Growth
%, 2012-2022		 Revised GDP Per Capita
Int$		 Government Debt to Revised GDP
%







Australia 1,457.2 2.2% 0.9% 0.6% 55,897 51.6%
Austria 546.6 1.2% 0.3% 0.1% 60,284 72.2%
Bahrain 101.8 2.5% 0.1% 0.1% 57,062 88.4%
Belgium 736.9 1.4% 0.4% 0.2% 63,152 87.2%
Canada 2,105.8 1.6% 1.2% 0.7% 54,854 91.9%
Chile 606.4 2.6% 0.4% 0.3% 31,502 30.3%
Croatia 169.8 2.6% 0.1% 0.1% 41,832 56.1%
Cyprus 50.4 2.6% 0.0% 0.0% 41,203 73.7%
Denmark 405.4 2.1% 0.2% 0.2% 69,480 27.5%
Estonia 62.3 2.8% 0.0% 0.0% 47,151 14.9%
Finland 316.0 1.0% 0.2% 0.1% 56,888 58.2%
France 3,532.9 1.0% 2.1% 0.8% 53,868 98.9%
Germany 5,010.5 1.2% 2.9% 1.2% 59,732 63.9%
Greece 422.6 0.5% 0.2% 0.0% 40,963 139.9%
Hong Kong 487.5 1.1% 0.3% 0.1% 64,114 2.9%
Hungary 421.8 3.4% 0.2% 0.3% 43,913 60.7%
Iceland 24.2 3.2% 0.0% 0.0% 70,046 59.9%
Ireland 648.9 9.0% 0.4% 0.8% 129,262 41.9%
Israel 506.5 3.9% 0.3% 0.4% 56,769 50.9%
Italy 3,179.6 0.3% 1.9% 0.2% 52,763 119.0%
Japan 5,675.5 0.6% 3.3% 0.8% 45,192 240.7%
Korea, Rep. 2,881.1 2.6% 1.7% 1.5% 56,129 44.1%
Kuwait 289.8 0.2% 0.2% 0.0% 66,169 5.2%
Lithuania 136.4 3.2% 0.1% 0.1% 51,244 34.7%
Luxembourg 82.6 2.4% 0.0% 0.0% 128,595 23.1%
Malta 31.6 5.7% 0.0% 0.0% 71,168 44.6%
Mauritius 34.6 2.4% 0.0% 0.0% 27,147 75.5%
Netherlands 1,141.2 1.7% 0.7% 0.4% 66,305 43.9%
New Zealand 247.8 2.9% 0.1% 0.1% 50,590 51.4%
Norway 424.2 1.8% 0.2% 0.2% 76,973 34.9%
Oman 203.4 3.5% 0.1% 0.1% 38,204 36.1%
Panama 210.7 3.9% 0.1% 0.1% 47,386 36.7%
Poland 1,695.1 3.6% 1.0% 1.1% 44,917 39.8%
Portugal 446.6 1.6% 0.3% 0.1% 44,037 95.3%
Qatar 318.8 2.1% 0.2% 0.1% 106,990 38.3%
Romania 763.3 3.8% 0.4% 0.5% 40,109 40.1%
Saudi Arabia 2,287.6 2.2% 1.3% 0.7% 63,819 17.6%
Singapore 661.5 3.1% 0.4% 0.4% 111,301 127.8%
Sweden 651.8 2.1% 0.4% 0.3% 63,779 29.5%
Switzerland 678.9 2.0% 0.4% 0.3% 77,374 37.5%
Trinidad and Tobago 49.9 -0.7% 0.0% 0.0% 35,494 39.5%
United Arab Emirates 844.9 2.9% 0.5% 0.5% 83,801 25.5%
United Kingdom 3,478.5 1.5% 2.0% 1.0% 50,783 78.8%
United States 23,149.0 2.1% 13.5% 9.7% 69,142 113.8%
Uruguay 111.3 2.4% 0.1% 0.1% 31,844 45.1%

High Income Countries
Totals / Averages:		 67,289.5 N/A 39.4% 24.4% 59,983* 59.8%*


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 26.1 85 37.0 100.0 46.3
Austria B 9.1 82 42.8 100.0 48.9
Bahrain C 1.8 79 32.7 100.0 68.7
Belgium B 11.7 82 40.9 100.0 43.5
Canada A 38.4 83 40.2 100.0 47.9
Chile B 19.3 79 34.9 86.7 54.8
Croatia C 4.1 78 43.7 86.7 43.5
Cyprus B 1.2 81 37.6 100.0 56.2
Denmark B 5.8 81 41.3 100.0 42.7
Estonia D 1.3 77 41.5 40.0 41.7
Finland C 5.6 82 42.4 100.0 37.9
France A 65.6 83 41.6 100.0 36.9
Germany B 83.9 81 44.9 100.0 43.6
Greece B 10.3 80 44.7 100.0 42.3
Hong Kong A 7.6 86 44.9 100.0 53.4
Hungary D 9.6 75 42.7 40.0 46.2
Iceland B 0.3 83 35.9 100.0 49.5
Ireland A 5.0 82 37.6 100.0 46.8
Israel C 8.9 82 29.0 100.0 33.1
Italy B 60.3 83 46.8 100.0 42.9
Japan A 125.6 85 48.4 100.0 28.9
Korea, Rep. A 51.3 84 43.4 100.0 60.1
Kuwait A 4.4 79 38.3 100.0 65.6
Lithuania C 2.7 74 43.7 43.3 44.3
Luxembourg B 0.6 83 38.7 100.0 55.8
Malta B 0.4 84 39.0 100.0 52.9
Mauritius A 1.3 74 36.8 85.6 59.3
Netherlands B 17.2 82 41.7 100.0 45.1
New Zealand A 4.9 83 36.5 100.0 46.6
Norway B 5.5 83 39.3 100.0 46.0
Oman A 5.3 73 28.8 100.0 58.0
Panama C 4.4 76 28.8 61.1 46.2
Poland A 37.7 77 40.9 78.9 48.0
Portugal B 10.1 81 45.0 100.0 44.0
Qatar A 3.0 79 33.0 100.0 79.3
Romania C 19.0 74 41.9 84.4 46.3
Saudi Arabia A 35.8 77 29.8 100.0 59.6
Singapore A 5.9 83 41.8 100.0 64.6
Sweden B 10.2 83 39.5 100.0 39.2
Switzerland C 8.8 84 41.8 100.0 48.4
Trinidad and Tobago D 1.4 73 35.5 47.8 56.3
United Arab Emirates C 10.1 79 32.8 100.0 79.7
United Kingdom A 68.5 81 39.6 100.0 42.3
United States A 334.8 77 37.7 100.0 46.3
Uruguay C 3.5 75 35.2 80.0 46.4

High Income Countries
Totals / Averages:		 N/A 1,148.4 80* 39.1* 91.9* 49.7*


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


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 391.2 138.0 0% 13 91.2 75
Austria 64.6 7.1 0% 12 93.8 71
Bahrain 39.0 18.5 0% 11 63.6 44
Belgium 95.7 8.1 0% 12 83.2 73
Canada 545.6 103.9 0% 14 90.1 74
Chile 85.4 11.9 0% 11 73.8 67
Croatia 17.7 3.7 0% 12 59.7 50
Cyprus 7.6 0.8 0% 12 67.4 52
Denmark 29.6 7.8 0% 13 97.2 90
Estonia 10.4 1.1 0% 14 85.5 74
Finland 37.6 4.7 0% 13 100.0 87
France 306.0 58.2 0% 12 82.4 72
Germany 674.8 49.5 0% 14 89.7 79
Greece 56.3 9.0 0% 11 60.8 52
Hong Kong - - 0% 12 86.0 76
Hungary 48.4 6.9 0% 12 65.0 42
Iceland 3.4 0.5 0% 14 93.0 74
Ireland 37.6 15.6 0% 12 87.9 77
Israel 54.5 9.5 0% 13 74.4 63
Italy 328.7 44.7 0% 11 59.0 56
Japan 1,067.4 27.7 0% 13 89.0 73
Korea, Rep. 616.1 22.6 0% 13 78.6 63
Kuwait 106.1 25.4 0% 7 58.8 42
Lithuania 13.9 2.9 0% 14 78.2 62
Luxembourg 8.4 0.6 0% 13 93.8 77
Malta 1.7 0.2 0% 12 72.6 51
Mauritius 4.5 2.0 0% 10 72.8 50
Netherlands 141.0 15.5 0% 13 92.7 80
New Zealand 33.8 31.7 0% 13 94.5 87
Norway 40.9 4.6 0% 13 97.5 84
Oman 81.0 21.3 0% 12 62.1 44
Panama 13.0 5.1 0% 10 47.1 36
Poland 328.6 28.7 0% 9 63.0 55
Portugal 40.8 11.2 0% 13 78.8 62
Qatar 95.7 22.2 0% 10 74.1 58
Romania 79.3 16.6 0% 10 62.1 46
Saudi Arabia 672.4 113.8 0% 4 58.1 51
Singapore 32.5 4.4 0% 5 95.4 83
Sweden 35.8 4.7 0% 10 92.6 83
Switzerland 34.9 5.1 0% 13 94.3 82
Trinidad and Tobago 36.1 7.0 0% 12 49.7 42
United Arab Emirates 204.1 51.0 0% 13 71.8 67
United Kingdom 346.8 51.2 0% 13 85.5 73
United States 5,007.3 755.7 0% 14 85.3 69
Uruguay 6.7 20.9 0% 9 69.6 74

High Income Countries
Totals/Averages:		 11,883.0 1,751.7 N/A 12* 78.3* 65*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 0 = low rule of law, 100 = High rule of law.
    Corruption Perceptions Index: 0 = High levels of corruption, 100 = Low 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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