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Luxembourg
- Luxembourg, whose financial sector makes up 25% of its GDP, is the world’s richest country by GDP per capita.
www.visualcapitalist.com/worlds-richest-countries-across-3-metrics/
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May 4, 2024 · What are the world's richest countries? GDP per capita adjusted for relative purchasing power offers comparable visions of national wealth. What does it mean for a nation to be rich or poor at a time of global pandemic, high inflation and geopolitical tensions?
The following table indicates the share of global wealth of the ten wealthiest countries by net national wealth at given years. The share of global wealth of a country that is 5% or greater at a given year is in bold.
Country (or Area)SubregionRegionTotal Wealth (usd Bn)454,385Asia and OceaniaAsia and OceaniaAsia and Oceania177,824151,170139,866Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Country/territoryImf [1][13](forecast)Imf [1][13](year)World Bank [14](estimate)World110,064,9152024105,435,54029,167,779202427,360,93518,273,357[n 1] 202417,794,7824,710,03220244,456,081- Australia
- Sweden
- Singapore
- Qatar
- Denmark
- Cayman Islands
- Switzerland
- Ireland
- Norway
- Luxembourg
Still hailing the Queen of England as the one omnipotent sovereign, Australia is one of the many English-speaking countries that rank in the richest cities of the world. In terms of GDP per capita, however, Australia is the wealthiest of all the English-speaking countries. The Land Down Under is famous for its unique mammalian life, which include p...
It should come as no surprise that Scandinavian countries do very well in a list of top country by GDP. Sweden, the land of the Vikings, dark black coffee and to-die for cinnamon buns, ranks number nine on our list. Sweden certainly captures the popular imagination. Many point to Sweden as an example of a successful post-industrial capitalist socie...
After our sojourn in Europe, we return to the Eastern hemisphere with a look at Singapore. The modern city-state of Singapore, located just south of Malaysia and Thailand, is one of the highest-performing economies per capita in the world. Though the island that is Singapore has long been inhabited by native Pacific Islanders, the city state of Sin...
Glittering in gold and jewels along the Persian Sea, Qatar ranks seventh on our list. With a population of just 2.6 million (with only an estimated 300,000 being native Qatarites), Qatar is small but mighty. Like many well-developed countries today, Qatar began its modern history as a British colony. It was only by treaty in 1868 that the country w...
After our trip round the world, we return to the very expected Denmark as the number six richest country in the world in 2022 by GDP per capita. Denmark, home of the Danes, is a beautiful place to live in. In fact, Copenhagen is undergirded by the crystalline waters of the manmade Nyhavn. In the days of the Renaissance, Denmark was a major world po...
The Cayman Islands, a self-governing but technically British-owned territory in the Caribbean, has an outsized fame for its relatively small islands. Famously (or infamously, depending on who you ask), the Cayman Islands are featured frequently in Hollywood movies as the place for offshore financial interests, as the Cayman Islands charges no inter...
Most known for its neutrality during World War II, Switzerland ranks number four on our list. Its people, situated between France, Germany, and Italy, are typically at least tri-lingual, often knowing four to five languages as the basis of an upper-class education. A special cross of Swiss German and French, known as Schwitzerdeutsch, is also spoke...
Perhaps surprising to many of the people reading this article, Ireland ranks number three on the list of richest countries in the world by GDP per capita. With an average income of about 83,000 USD per person, Ireland is a land with not just a wealth of beauty and culture, but also cold hard cash as well. The famous seat of The Troubles, formerly a...
Also known as the Land of the Fjords, the long thin stretch of land called Norway is the penultimate country on our list. Like Denmark and Sweden, the Nordic Nords from Norway represent the startling power of ingenuity and commerce wielded by Scandinavians in the 21st century. Oslo, with its highly pervasive biking culture and commitment to clean a...
The monarchy of Luxembourg is the richest country in the world. On the European continent, Luxembourg is a German principality that never merged with the German Volk of the 19th century. Now operating independently, it is the current seat of the European Union’s high court, The Court of Justice of the European Union. A highly beautiful country, the...
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.
Country/territoryImf [4][5](estimate)Imf [4][5](year)World Bank [6](estimate)——240,862——187,267135,3212024128,259——123,091Mar 25, 2024 · Denmark comes in rank 7 and Norway in rank 10 for per-capita median wealth. The U.S. is the third-wealthiest country on a per-capita average basis, yet Americans are only in rank 15 for median...
GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. (learn more). World's GDP is $100,562,000,000,000 (nominal, 2022)
