Since I couldn't find the data online, I have calculated the adjusted GDP per capita at PPP of European countries and other developed countries by adding the share of the shadow economy ('SE' for short in the table below) to their GDP per capita. Shadow economies larger than 20% of GDP are in bold to help visualisation.
Country | GDP per capita (2022 - IMF) | SE (2015) | SE per capita | Adjusted GDP/capita |
Luxembourg | 141,587 | 10.4 | 14,725 | 156,312 |
Ireland | 131,034 | 9.6 | 12,579 | 143,613 |
Switzerland | 84,468 | 6.9 | 5,828 | 90,296 |
Norway | 78,127 | 15 | 11,719 | 89,846 |
United States | 76,348 | 7 | 5,344 | 81,692 |
Denmark | 69,845 | 14.7 | 10,267 | 80,112 |
Netherlands | 69,714 | 7.8 | 5,438 | 75,152 |
Iceland | 66,466 | 12.4 | 8,242 | 74,708 |
Belgium | 62,065 | 17.8 | 11,048 | 73,113 |
Malta | 56,337 | 29.4 | 16,563 | 72,900 |
Austria | 66,680 | 9 | 6,001 | 72,681 |
Sweden | 63,877 | 11.7 | 7,474 | 71,351 |
Germany | 63,834 | 7.7 | 4,915 | 68,749 |
Australia | 62,714 | 8.1 | 5,080 | 67,794 |
Finland | 58,659 | 13.3 | 7,802 | 66,461 |
Cyprus | 49,504 | 32.2 | 15,940 | 65,444 |
Canada | 58,292 | 9.4 | 5,479 | 63,771 |
Italy | 51,061 | 23 | 11,744 | 62,805 |
France | 56,199 | 11.6 | 6,519 | 62,718 |
United Kingdom | 55,862 | 8.3 | 4,637 | 60,499 |
Slovenia | 49,967 | 20.2 | 10,093 | 60,060 |
Spain | 46,551 | 22 | 10,241 | 56,792 |
New Zealand | 51,860 | 9 | 4,667 | 56,527 |
Lithuania | 46,158 | 18.6 | 8,585 | 54,743 |
Estonia | 46,125 | 18.5 | 8,533 | 54,658 |
Czech Republic | 48,918 | 10.5 | 5,136 | 54,054 |
Japan | 49,043 | 8.2 | 4,022 | 53,065 |
Hungary | 42,132 | 20.5 | 8,637 | 50,769 |
Poland | 42,465 | 16.7 | 7,092 | 49,557 |
Portugal | 42,066 | 17.8 | 7,488 | 49,554 |
Turkey | 38,759 | 27.4 | 10,620 | 49,379 |
Romania | 38,096 | 22.9 | 8,724 | 46,820 |
Croatia | 37,549 | 23 | 8,636 | 46,185 |
Greece | 36,465 | 26.4 | 9,627 | 46,092 |
Latvia | 38,123 | 16.6 | 6,328 | 44,451 |
Slovakia | 38,620 | 11.2 | 4,325 | 42,945 |
Russia | 31,967 | 33.7 | 10,773 | 42,740 |
Bulgaria | 29,177 | 20.8 | 6,069 | 35,246 |
Georgia | 19,788 | 53 | 10,488 | 30,276 |
Belarus | 21,709 | 32.3 | 7,012 | 28,721 |
Bosnia | 17,899 | 29.9 | 5,352 | 23,251 |
Moldova | 16,482 | 39.7 | 6,543 | 23,025 |
Armenia | 16,798 | 36 | 6,047 | 22,845 |
Albania | 17,858 | 26.2 | 4,679 | 22,537 |
Ukraine | 14,150 | 42.9 | 6,070 | 20,220 |
Once the shadow economy is included, the countries that jumped the most places in the GDP per capita ranking are: Malta (17th => 10th), Cyprus (22nd => 16th), Italy (20th => 18th), Spain (25th => 22nd), and Greece (36th => 34th). In other words, Mediterranean Europe is richer than it appears on paper.
On the other hand some countries slipped down the ranking: Canada (15th => 17th), France (19th => 21st), United Kingdom (18th => 20th), Japan (23rd => 27th), Czechia (24th => 26th), and Slovakia (32nd => 36th).
There is less change in ranking at the bottom (Balkans and ex-USSR) as all these countries have substantial shadow economies.