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Luxembourg had the highest GDP per head in 2003, at over $50,000, above the US, Norway and Ireland, according to the recently published annual pocket data book, OECD in Figures 2004.

The US leads the G7, followed by Canada. Third is the UK, which at $29,000 still lies beneath the G7 average, but well ahead of Germany, where GDP per capita was just $26,300. GDP per head exceeded $30,000 in six OECD countries, and in a further 13 countries it surpassed the OECD average of $26,000 per head.

GDP per head was around $10,000 or below in just two countries: Mexico and Turkey. The usefulness of PPPs when looking at GDP per head is clear in the case of Japan; in current dollars, its GDP per head lies in the top ten in the OECD area, but when purchasing power differences with other countries are taken into account, it slides back to 15th. The online version of OECD in Figures contains 35 tables and 14 graphs and covers a range of economic, social, environmental and scientific issues.

©OECD Observer, No 244, September 2004




Economic data

GDP growth: -1.8% Q1 2020/Q4 2019
Consumer price inflation: 0.9% Apr 2020 annual
Trade (G20): -4.3% exp, -3.9% imp, Q1 2020/Q4 2019
Unemployment: 8.4% Apr 2020
Last update: 9 July 2020

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