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Israel’s GDP Per Capita Surpasses That Of Japan

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Israel officially surpassed Japan in terms of gross domestic product per capita, which is calculated by dividing a country’s total economic output by the number of its residents. According to the latest statistics compiled by the International Monetary Fund, Israel’s GDP per capita stands at $42,120, whereas Japan’s is $40,850. Nevertheless, Jerusalem’s projected annual GDP of $373.75 billion is dwarfed by Tokyo’s $5.17 trillion. In fact, Japan has the world’s third-largest economy behind the United States and China, which have a GDP per capita of $62,150 and $10,090, respectively. As regards some other Middle East countries, Jordan has a GDP per capita of $5,840; Lebanon of $11,780; Saudi Arabia of $22,650; and Qatar of $66,200. The global average GDP per capita is $11,730.