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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 40% of Global GDP and 23% of global GDP growth in the past 10 years (2011-2021).

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 40 against a global average of 31.



Economics



High Income
Countries		 Revised GDP PPP
Int$, Billions		 CAGR
10 Year
Rate
%, 2011-2021		 Share of
Global
GDP
%		 Share of Global GDP Growth
%, 2011-2021		 Revised GDP Per Capita
Int$		 Government Debt to Revised GDP
%







Australia 1,439.6 2.5% 0.9% 0.7% 55,823 53.1%
Austria 525.4 0.7% 0.3% 0.1% 58,098 76.2%
Bahrain 96.5 2.5% 0.1% 0.0% 55,177 96.1%
Belgium 713.0 1.2% 0.4% 0.2% 61,297 91.0%
Canada 2,037.0 1.5% 1.2% 0.6% 53,509 101.5%
Chile 594.3 3.0% 0.4% 0.3% 30,932 30.4%
Croatia 156.7 1.6% 0.1% 0.1% 38,397 61.6%
Cyprus 46.5 1.4% 0.0% 0.0% 38,287 81.5%
Denmark 390.6 1.7% 0.2% 0.1% 67,196 31.8%
Estonia 62.2 3.1% 0.0% 0.0% 46,960 14.4%
Finland 308.6 0.7% 0.2% 0.0% 55,628 57.8%
France 3,449.3 0.8% 2.1% 0.6% 52,721 99.6%
Germany 4,890.0 1.0% 3.0% 1.0% 58,283 62.6%
Greece 398.3 -0.9% 0.2% -0.1% 38,403 157.1%
Hong Kong 508.1 1.7% 0.3% 0.2% 67,269 1.8%
Hungary 400.4 2.7% 0.2% 0.2% 41,565 62.3%
Iceland 22.8 2.7% 0.0% 0.0% 66,416 65.5%
Ireland 577.1 7.8% 0.3% 0.7% 115,807 49.2%
Israel 470.5 3.4% 0.3% 0.3% 53,530 56.3%
Italy 3,064.5 -0.3% 1.9% -0.2% 50,764 122.0%
Japan 5,640.0 0.7% 3.4% 0.9% 44,744 239.5%
Korea, Rep. 2,800.7 2.6% 1.7% 1.5% 54,589 41.8%
Kuwait 265.0 0.1% 0.2% 0.0% 61,227 6.4%
Lithuania 132.3 3.3% 0.1% 0.1% 49,200 36.8%
Luxembourg 83.3 2.6% 0.1% 0.0% 131,256 22.1%
Malta 28.8 5.1% 0.0% 0.0% 65,018 44.2%
Mauritius 30.8 1.6% 0.0% 0.0% 24,193 77.8%
Netherlands 1,094.9 1.2% 0.7% 0.3% 63,754 47.5%
New Zealand 252.8 3.4% 0.2% 0.2% 52,008 46.2%
Norway 410.9 1.8% 0.2% 0.2% 75,182 37.5%
Oman 209.4 3.9% 0.1% 0.2% 40,094 46.2%
Panama 191.6 3.9% 0.1% 0.1% 43,721 38.5%
Poland 1,587.8 3.1% 1.0% 1.0% 42,010 44.0%
Portugal 415.4 0.4% 0.3% 0.0% 40,853 105.9%
Qatar 320.6 2.1% 0.2% 0.1% 109,401 45.4%
Romania 728.7 3.5% 0.4% 0.5% 38,096 41.5%
Saudi Arabia 2,220.0 1.8% 1.3% 0.9% 62,816 21.5%
Singapore 630.8 3.1% 0.4% 0.4% 106,969 144.9%
Sweden 628.3 1.6% 0.4% 0.2% 61,838 32.4%
Switzerland 662.2 1.8% 0.4% 0.3% 75,977 39.2%
Trinidad and Tobago 45.3 -1.5% 0.0% 0.0% 32,304 43.9%
United Arab Emirates 771.1 2.5% 0.5% 0.4% 77,182 28.8%
United Kingdom 3,400.7 1.4% 2.1% 1.0% 49,858 86.4%
United States 22,522.2 2.1% 13.6% 9.7% 67,651 119.4%
Uruguay 112.0 2.3% 0.1% 0.1% 32,125 45.6%

High Income Countries
Totals / Averages:		 65,336.9 N/A 39.6% 22.9% 57,958* 63.4%*


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 25.8 83 37.9 100.0 44.9
Austria A 9.0 82 43.5 100.0 49.4
Bahrain B 1.7 77 32.5 100.0 73.5
Belgium A 11.6 82 41.9 100.0 43.0
Canada A 38.1 82 41.1 100.0 48.8
Chile A 19.2 80 35.3 86.7 54.1
Croatia B 4.1 78 44.3 86.7 44.3
Cyprus B 1.2 81 37.3 100.0 55.1
Denmark A 5.8 81 42.3 100.0 42.7
Estonia C 1.3 79 42.4 40.0 41.6
Finland B 5.5 82 43.1 100.0 37.6
France A 65.4 83 42.3 100.0 37.6
Germany A 83.9 81 45.7 100.0 44.6
Greece B 10.4 82 45.6 100.0 43.9
Hong Kong A 7.6 85 44.8 100.0 55.3
Hungary D 9.6 77 43.3 40.0 47.2
Iceland A 0.3 83 37.5 100.0 46.0
Ireland A 5.0 82 38.2 100.0 45.2
Israel B 8.8 83 30.5 100.0 32.7
Italy A 60.4 84 47.3 100.0 43.0
Japan A 126.1 85 48.4 100.0 31.0
Korea, Rep. A 51.3 83 43.7 100.0 60.5
Kuwait B 4.3 75 36.8 100.0 67.6
Lithuania C 2.7 76 45.1 43.3 43.5
Luxembourg B 0.6 82 39.7 100.0 57.2
Malta B 0.4 83 42.6 100.0 44.5
Mauritius B 1.3 75 37.5 85.6 58.5
Netherlands B 17.2 82 43.3 100.0 44.4
New Zealand A 4.9 82 38.0 100.0 44.2
Norway B 5.5 82 39.8 100.0 46.7
Oman A 5.2 78 30.6 100.0 66.7
Panama C 4.4 79 29.7 61.1 46.1
Poland A 37.8 79 41.7 78.9 48.6
Portugal B 10.2 82 46.2 100.0 44.2
Qatar A 2.9 80 32.3 100.0 81.9
Romania B 19.1 76 43.2 84.4 46.7
Saudi Arabia A 35.3 75 31.8 100.0 60.7
Singapore B 5.9 84 42.2 100.0 65.5
Sweden B 10.2 83 41.1 100.0 38.8
Switzerland B 8.7 84 43.1 100.0 48.4
Trinidad and Tobago C 1.4 74 36.2 47.8 53.9
United Arab Emirates B 10.0 78 32.6 100.0 80.8
United Kingdom A 68.2 81 40.5 100.0 42.9
United States A 332.9 79 38.3 100.0 46.1
Uruguay B 3.5 78 35.8 80.0 45.1

High Income Countries
Totals / Averages:		 N/A 1,144.8 80* 39.9* 91.9* 49.9*


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 411.0 139.9 <0.1% 13 89.4 73
Austria 68.5 6.7 <0.1% 13 93.4 74
Bahrain 34.4 14.9 <0.1% 10 60.8 42
Belgium 99.7 8.2 <0.1% 12 82.5 73
Canada 576.7 95.5 <0.1% 13 89.5 74
Chile 84.3 13.5 <0.1% 11 75.0 67
Croatia 17.9 3.8 <0.1% 11 55.9 47
Cyprus 7.3 0.7 <0.1% 12 63.0 53
Denmark 32.1 7.1 <0.1% 13 94.6 88
Estonia 13.9 1.1 <0.1% 13 82.8 74
Finland 41.7 4.2 <0.1% 13 100.0 88
France 323.6 58.3 <0.1% 12 81.4 71
Germany 702.0 53.4 <0.1% 14 87.1 80
Greece 67.2 9.7 <0.1% 11 56.6 49
Hong Kong 41.5 - <0.1% 12 87.9 76
Hungary 49.1 7.1 <0.1% 12 61.3 43
Iceland 3.3 0.5 <0.1% 13 93.1 74
Ireland 37.1 16.8 <0.1% 13 85.7 74
Israel 64.2 12.1 <0.1% 13 73.3 59
Italy 337.1 43.7 <0.1% 10 54.6 56
Japan 1,106.7 21.1 <0.1% 13 86.3 73
Korea, Rep. 611.3 25.5 <0.1% 12 77.9 62
Kuwait 107.5 6.1 <0.1% 7 56.8 43
Lithuania 13.5 3.2 <0.1% 13 73.2 61
Luxembourg 9.8 0.5 <0.1% 12 93.0 81
Malta 1.6 0.2 <0.1% 11 71.3 54
Mauritius 4.7 1.9 <0.1% 10 71.4 54
Netherlands 154.8 17.3 <0.1% 12 92.1 82
New Zealand 36.5 32.5 <0.1% 13 95.2 88
Norway 42.4 4.9 <0.1% 13 97.7 85
Oman 71.7 5.5 <0.1% 10 64.0 52
Panama 12.5 5.4 <0.1% 10 43.5 36
Poland 322.6 47.5 <0.1% 13 62.0 56
Portugal 48.6 11.3 <0.1% 9 77.9 62
Qatar 109.3 8.1 <0.1% 10 73.4 63
Romania 75.1 23.8 <0.1% 11 57.8 45
Saudi Arabia 582.1 44.2 <0.1% 10 54.6 53
Singapore 38.9 4.2 <0.1% 12 95.1 85
Sweden 42.8 4.6 <0.1% 13 93.3 85
Switzerland 37.7 4.8 <0.1% 13 93.8 84
Trinidad and Tobago 37.9 1.3 <0.1% 11 45.5 41
United Arab Emirates 190.7 53.0 <0.1% 12 71.3 69
United Kingdom 369.9 51.2 <0.1% 13 85.6 78
United States 5,284.7 623.8 <0.1% 13 82.4 67
Uruguay 6.4 20.9 <0.1% 9 65.4 73

High Income Countries
Totals/Averages:		 12,332.0 1,519.9 N/A 12* 76.6* 66*


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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