Richest country in the world. 7 Continents; World Capitals; .

Richest country in the world According to a UN report, landlocked countries are, on average, 20% less developed than their coastal counterparts. Which country is the richest in Africa? Seychelles is the richest African country with a GDP per capita income of $13,306. Luxembourg’s economic success in recent decades is thanks to a booming services sector: The country is home to several important EU institutions and boasts a large financial sector thanks to a favorable tax regime. 20 Questions. The United Kingdom is noticeably absent from the [] The World's Billionaires is an annual ranking of people who are billionaires, i. We provide a historical and predictive overview of the top economies in the world, including projections all the way to 2075. 81%. This ranking reflects the economic strength of these nations, Using the two metrics, Switzerland was the richest country in the world with the highest average per-capita wealth of around US$685,000 per adult. The country retained the top spot while the United States achieved its highest ranking ever. Timer. The United When the GNIs of every country in the world are added together, the value of imports and exports are in balance. 9% in 1913. World's GDP is $100,562,000,000,000 (nominal, 2022) Sources: World Bank (World Development Indicators, July 25, 2023); United Nations (World Population Prospects 2022). 734 trillion GDP. With a gross domestic product of more than $2. Quiz is Can you name the world's richest countries (per capita)? By Ben. The French created nearly $40,000 in economic output per person in 2017. This ranking of the 25 wealthiest countries offers a snapshot of prosperity on the world stage. 9 trillion) GDP (PPP) means gross domestic product based on purchasing power parity. The global economy expanded by more than 3% to $80. 4K) is similarly a tiny autonomous region where Asia’s wealthy go to gamble. Overall, countries have continued that Most of the richest countries are found in Europe and North America (the top two richest continents), with a per capita GDP of $34,500 and $59,000, respectively. 65 Here, for example, are the 10 richest countries in the world based on the International Monetary Fund’s data: United States ($18. 5. See how small countries, tax havens, and oil-rich nations dominate the ranking. 44 trillion and a per capita GDP of $46,560, the 18th –highest in the world. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Comments. See the top 10 and the next 10 economies, their growth rates, and their share of global GDP. Its GDP is by far the largest at market exchange rates. 69% of the world's economy in 1960 (highest point). Data based on the latest United Nations Population Division estimates. Click on the name of the country or dependency for current estimates (live population clock), historical data, and projected figures. Can you name the Richest Countries in the world? By rishavparwal2010. Although it is widely considered one of the world's least-corrupt countries and posted the world's highest This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies as measured by their gross The United States represented 28. Global Economic Outlook of Richest Countries. 9K), is a tiny Middle Eastern country with an absolutely massive amount of oil. On the other hand, most of the poorest countries in the W hen you think of the wealthiest countries in the world, you are probably considering GDP per capita. Elon Musk, CEO of Tesla, is the richest person in the world with a net worth of $432 billion. 7 as of 2021. , they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. It will continue The world is getting richer. Taking purchasing power parity into account, it is the richest country in the world. It presents population estimates from 1950 to the present. Countries which enjoy limited recognition forming part of the international We forecast Luxembourg to be the world’s wealthiest economy in 2025 in nominal GDP terms (at market exchange rates). This is a list of the world's countries and their dependencies, ranked by total area, including land and water. Often evaluated alongside gross domestic product (GDP), GNP represents the value of all goods and services produced by a country’s nationals anywhere in the world. What are the wealthiest nations today, both in absolute and per capita terms, and how is this list projected to change over the next decade? In this article, we will discuss the 50 richest countries in the world by GDP per capita in 2024. Give Quiz Kudos. Countries by median wealth per adult. Additionally, among the 44 landlocked countries worldwide, 32 are classified as Landlocked Developing Countries, highlighting the significant economic challenges they face. PLAY QUIZ Score. The United States comes in third with just under 325 million residents. Vladimir Putin. In 2023, the estimated average GDP per capita Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. 0/20. 6 trillion in 2017, France is one of the wealthiest countries in the world. 7m. Macao ($113. Discover the Top 50 Richest Countries ranked by GDP in 2024. , Canada Similarly, countries including the Netherlands, Singapore, Hong Kong, and Brunei drop when adjusting for working hours. See the rankings, trends and fluctuations of the world's largest economies. 04: Liechtenstein: Singapore: 78114. All 193 member states of the United Nations plus the two See the 10 richest countries, and how their totals have changed over time. 18 countries in 2022 have an economy above $1 trillion. 87: Yemen: 326. This indicator represents the total value of goods and services produced in a country in a year, divided by The 100 largest countries ranked by their total area, with an indication of their location and neighbors sharing land borders with them. The results of the HelloSafe Prosperity Index show that the top 20 most prosperous countries are largely dominated by European countries, with Luxembourg in the lead (86. Burundi: 312. Taiwan's GDP per capita was US$76,860, which put it at No. 10 Countries with the Lowest GDP per Capita in the World (US Dollars)*: Country. [1] The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and The statistic shows the 30 largest countries in the world by area. GDP measures the total economic activity in a specific country, including both products and services, regardless if the actual profits technically belong to a firm’s parent country which happens to be in another country. Find out which countries rank as the richest in the world in 2024 based on GDP projections from IMF data. 4%). 14 on the list of the World's 100 Richest Countries this year, one spot above Hong Kong with US$75,130. Percentage. He has also won numerous awards, including five Academy of Country Music Awards, two Country Music Caveats aside, the index is designed to give a more complete assessment of the world’s richest countries than does a focus on any single measure. America has a GDP of 20,893. " It may sound far-fetched, but with a population of around 750,000, in per capita terms, Guyana . Today’s chart keys on a slightly different question. Numerical. Switzerland is considered one of the world's most innovative countries and is among the richest landlocked countries on the planet. Incredibly, the vast majority of this wealth – about 73. This article includes a list of countries by their forecast estimated GDP (PPP). Luxembourg is the wealthiest country by GDP per capita, at US$143,743. This is a list of countries of the world by wealth per adult, from UBS's Global Which are the richest countries in the world? Discover the ranking. Browse today’s rankings of the wealthiest people and families globally. The artist with the top net worth is considered by many to be the “Queen of Country. See the ranking of the world's richest countries based on GDP per capita adjusted for purchasing power parity. The other two countries to break $100K are likewise small countries, Luxembourg In this article, we discuss the top 50 richest countries in the world by net worth. With a population of only 2. e. 68 trillion in 2017. In this article, we list the top 10 richest countries based on GDP per capita, as estimated 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. 62 * Data sourced from United Nations, data year 2021. World's top universities; Best US online colleges; Free online courses; The world’s richest countries boast high GDP per capita, advanced infrastructure, and robust financial systems. [2] Countries are sorted by GDP (PPP) forecast estimates from One of the world's most peaceful nations, Switzerland has a thriving international banking industry, which has contributed to its economic success alongside the country's tourism and export industries. 06 trillion; Population: 144,083,352; Russia is the largest country in the world by land Countries in the world by population (2025) This list includes both countries and dependent territories. Bryan has released twelve studio albums, which produced 30 number-one singles on the Billboard Hot Country Songs chart. It’s a Latin term that means “by the head” but is used to indicate “by the person. Luxembourg is sometimes referred to as a tax haven. But the list is still good enough to demonstrate the commercial viability of the country music genre. 7 Continents; World Capitals; World's richest countries; Most traded currencies; Global education. 2%; GDP: $2. Which country is the richest in the world depends on which measurement you choose to use. In terms of PPP, Luxembourg is the Interestingly, with a GDP per capita of over $131,782, Luxembourg in the richest country in the world in 2021, the United States places fifth with a GDP per capita of $68,309. Of course, a few names have dropped out over the years for different reasons. Compare the wealth of countries based on different indicators such as GDP and This article ranks the countries by their net wealth, which is the total Compare the nominal GDP of different countries and territories in 2024 and previous years, based on estimates by the IMF, World Bank and UN. Learn how wealth, income inequality, inflation and social welfare affect people's living conditions. However, when ranking wealthy countries based on their per-capita average Richest Countries in the World. I saw many headlines claiming that China has become the wealthiest country in the world, overtaking the US by a huge margin Custom World Map Most Popular: Richest Most Populated Largest Most Expensive Poorest Cleanest Richest People Fastest Top 10 Lists Entertainment: Highest Grossing Movies Top iTunes Songs Top Selling Games Top Rated TV Shows » More Switzerland was the sixth-wealthiest country in the world based on its 2021 GDP per capita, which the UN measured as a very notable $93,525 USD. Global Economic Outlook of Richest Burundi is the poorest country in the world, with a per capita GNI of $230 using the Atlas method and a PPP of $950. Countries by mean wealth per adult. Although his estimated net worth is around forty billion dollars, some claim that Vladimir Putin has a net worth of We recently compiled a list of the 50 Richest Countries in the World by GDP and in this article we will talk about the country with the largest GDP in the world. The BRIC countries (Brazil, Russia, India and China), generally regarded as the four major emerging economies expected to dominate in the 21st century, are What is the world’s wealthiest country’s net worth? The world’s wealthiest countries hold most of the world’s wealth, including the United States, China, Japan, Germany, United Kingdom, France, India and Canada. Kuwait has the lowest growth rate of -2. ” From her humble beginnings growing up in the Great Smoky Mountains to her 1967 debut album aptly named Hello, I’m Dolly, Parton has been working to grow her career and country music ever since. GDP per capita (current US$) from The World Bank: Data The findings show how fickle economics can be. This is similar to nominal GDP per capita but adjusted for the cost of living in each country. This ranking was base on the latest GDP per capita of purchasing power parity in curr We previously showed you how the ranking of the richest countries in the world has changed over the course of the last 10 years (2008-2018). 2 trillion) Japan ($4. 8 The richest country in the world is Qatar, a small nation that enjoys the economic benefits of vast petroleum reserves. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $59 million. 15 of the 30 richest countries in the world are in Europe, while big some big economies such as the US, Japan, and Canada also made the cut. Topping out at the number one spot is Dolly Parton. According to market research company New World Wealth, the world has accumulated $215 trillion in private wealth, a 12% increase over the last year. 9% of the world economy. # A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. Russia is the largest country by far, with a total area of about 17 million square kilometers. Vladimir Putin is the President of Russia and is believed to be the richest president in the world. Explore wealth statistics, economic data, and citizenship opportunities with Savory & Partners making it one of the richest countries in the world. 118 Plays 118 Plays 118 Plays. 564. But its income per person is only the seventh highest in the world, and eighth Many of the world’s richest countries are also the world’s smallest: the pandemic, the global economic slowdown and geopolitical turmoil have barely made a dent in their huge wealth. Monaco: 240535. The Richest Landlocked Countries In The World. The world’s wealth is not distributed equally. If you want to skip the detailed analysis, click 15 Richest Countries in the World by GDP Per Per Hurun Global Rich List (2024) [2] [3]; Rank Country/Territory Number of billionaires Major cities of residents 1 China 814: Beijing, Shanghai, Shenzhen, Hangzhou, Guangzhou, Ningbo, Foshan, Suzhou: 2 United States 800: New In this article, we will be taking a look at the 50 Richest Countries in the World by GDP. 5 Billion | Age: 55 | Country/Territory: South Korea | Industry: Technology Jay Y. See the methodology, the list, and the factors that contribute to each country's economy. Give Quiz Kudos-- Ratings. 1. 72%, followed by Estonia (-0. According to the latest economic data (2023) from the World Bank, here are the richest countries in the world by GDP in current international dollars: United States : $27. What do people think when they think about the world’s richest countries? And what comes to mind when they think about the world’s smallest countries? Many It represents a quarter share of the global economy (25. This is the list of countries and other inhabited territories of the world by total population, based on estimates published by the United Nations in the 2024 revision of World Population Prospects. Where does this data come from? In economics, business, and statistics, per capita refers to the average or median figure per person. China follows, with close to $18 trillion, or 17. It accounted for 1. . The richest country by GDP is the United States. Dymaxion map of the world with the 30 largest countries and territories by area. Luxembourg🇱🇺 Current International Dollars: 137,638 | Click To View GDP & Economic Data. Importantly, the world’s richest countries can’t be understood by a single measure. GNP's mathematical formula is nearly identical to that of gross national income (GNI) and the two The highest elevation in the country (Kneiff) is 560 meters. The country’s oil industry accounts for 85% of its exports and 70% of its national revenue. Focus on the 20 richest countries in the world: Luxembourg, Norway and Ireland make up the top 3. Find out which countries have the highest GDP per capita and purchasing power parity in 2022. China is next, with a GDP of 14,862. 3 trillion China : $17. Subscribe to our Daily Newsletter; The World’s Top 30 Countries, by Automobiles Manufactured. China is the second richest country in the world with a $17. Find out which countries rank as the wealthiest based on GDP per capita, accounting for PPP, as of October 2024. Therefore, the difference in GNI (Atlas method) between the richest and poorest countries in the world is $116,380. GDP Per Capita: 38,961. Among the top 10 richest economies, Macao SAR has the fastest-growing economy with 10. Ranked: The World’s 10 Largest Companies by Indonesia will become the fourth biggest economy by 2050, 84 votes, 17 comments. From 2021 publication of Credit Suisse. Nominal GDP does not take into account differences in the cost of living in different countries, and the results Russia. Lee is the executive chairman of Samsung Electronics and leader of the country's biggest conglomerate. GDP Per Capita - UN 2022. [2] Luke Bryan's career began in the early 2000s, and he has since become one of the most popular country music artists in the world. By GDP. 639 million, Regardless, the wealth of these countries today is astounding, with the richest country in the world having a GDP per capita of 415x more than the poorest country in the world. Taiwan was listed in 14th place among the world's wealthiest country in terms of GDP per capita, in the latest rankings released on Monday by Forbes magazine. 10, 2024 Photos: Best Countries Around the World The richest country in the world, Qatar ($138. What position is the United States in the richest countries list? The United States is the 12th richest country in the world as of 2021 just after Singapore at 11th. United States Countries with the highest GDP not only influence global markets but also play pivotal roles in international policy and trade. 63 studio albums and You will be the richest country in the hemisphere and potentially the richest country in the world. Although it is widely considered one of the world's least-corrupt countries and posted the world's highest Richest Country Singers in the World – Final Thoughts. There is no access to the open sea. The list was first published in March 1987. In this article, we’ll explore the richest countries by nominal GDP, highlighting the top 10 nations that contribute significantly to the world economy. Julia Haines Sept. Other billionaires with some of the largest net worths Countries by nominal GNI per capita according to the Atlas method (2018) This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. 257 trillion during 2022. The US has a per capita of $69,287. ” Concerning the wealthiest country in the world, per capita relates to the median numbers for net worth per person and the amount of money earned per person in a nation or Top 10 Countries with the Highest GDP per Capita (US Dollars)*: Country. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its population. The World's Largest Oil Reserves by Country In 2024. If you want to see the top 10 richest countries, click Top 10 Richest Countries In The World By Net Worth The United States is the richest country in the world with the highest GDP, as of 2021. p>From 2022 to 2023, the world’s overall GDP increased by 5. 30 Questions. This list includes entries that are not limited to those in the ISO 3166-1 standard, which covers sovereign states and dependent territories. Conversely, Bermuda is the richest country in the world according to GNI (Atlas method), with a value of $134,640. The only country in the world with the exact same name as its continent, Australia (7,714,220 km²), rounds out the top six. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. Access to natural resources can be what makes and breaks a country's entire economy. 8 percent compared to $187. Default Timer. Here are the top 10 richest countries in the world for the year 2024. Area of water (km 2): 721,380 ; Percentage of water: 4. 5% – is held by just 10 countries: Using the first metric, Switzerland is the richest country in the world at an average per-capita wealth of around $685,000, followed by Luxembourg and the United States. 2), followed by Norway (85. Share. Net Worth: $11. 1) and Ireland (84. The 193 Members of the United Nations and the two observer states are numbered. Take America. 90. 6m. 2024 Visual of the Year: The race is tight! Vote now to shake up the leaderboard! Ranked: The Richest Countries in the World. Fourteen of the world’s richest economies posted double-digit gains in their GDP scores from 2022 to 2023. Five economies will experience negative growth rates in 2024. S. Looking at median per-capita wealth Whichever countries are third- and fourth-largest, South America's largest country, Brazil (8,515,770 km²), has a lock on fifth place. North America, home to less than than 5% of Switzerland was the sixth-wealthiest country in the world based on its 2021 GDP per capita, which the UN measured as a very notable $93,525 USD. Practice Mode. The export of natural resources, predominantly oil, has made the UAE one of the richest countries in the world, and nowhere is that more evident than in the capital city of Abu Dhabi. 62%. 7). 8% of the world's economy in 1820, 8. Discover the net worth, age, and other information about the richest people in the world. See also: GDP by Country # In 2023, Luxembourg was the country with the highest gross domestic product per capita in the world. It’s only by looking at a range of metrics that we can see how countries vary in the rankings depending on the measure and criteria chosen. 361. Statistical subregions as defined by the United Nations Statistics Division [1]. Of the 20 listed countries, 13 are in Europe and four are in Asia, alongside the U. Among the top 50 economies with the highest GDP per capita, Guyana has the highest growth rate of 43. Since the 2008 financial crisis, global private wealth has been steadily growing. See also: World Population # The list of countries by area is the list of the world's countries and their territories by total area. Let’s take a closer look at a few of the richest countries by different measures. Not surprisingly, the largest countries in the world in terms of population are China and India, with both countries now having populations of well over a billion. Oil, in particular, has been one of the most valuable resources on Earth for the last 100 years and has been responsible for catapulting otherwise poor countries into thriving modern states. To compile the ranking of the world’s richest countries, the GDP (Gross Domestic Product) per capita is one of the most effective and widely used parameters to measure a country’s wealth. . Technically, the largest country in both Asia and Europe is Russia. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. (PPP) of $4. A nation’s wealth is influenced by factors like natural resources, economic policies, and geopolitical positioning. 4K Plays 361,423 Plays 361,423 Plays. Gross national product (GNP) is one of the most commonly used measures of a country’s economy. Explore more Economy. United Arab Emirates. After Musk is Jeff Bezos, founder of Amazon. 75. 88%). GDP per capita measures the economic output of a given country adjusted for its population size. The table above lists the top 10 richest countries in the world by GDP per capita (in purchasing power parity, PPP) for 2024, along with their respective employment rates. The inputs are realized according to the ISO 3166 standard which includes sovereign states and dependent territories. 6 trillion) China ($11. Germany’s highly developed social market economy is Europe’s largest and strongest economy and has one of the most skilled workforces. Countries began to recover in 2021 from massive GDP drops in 2020 due to the COVID-19 pandemic, which had a major impact on economies around the world. There are a few changes to the list of the richest country singers in the world. 9% in 1870, and 18. Saudi Arabia is the latest entrant in trillion dollar Richest Countries in the World in 2024: The global economic outlook for 2024, as projected by the International Monetary Fund (IMF), indicates a steady yet cautious path forward for the world economy. The global economy has been facing strong headwinds since 24. baddz bpcdssp zyyat txoejks ovxbsd jdbn qwrxrg hecwl vyhezp mnwhhil