Richest country in the world 2022 per capita. The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. Source: International Monetary Fund, World Economic Outlook April 2024. 1970 - 2022. The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U. 45% of the May 15, 2024 · Luxembourg is currently the richest country in the world based on its GDP per capita (PPP) of $143,742 according to the 2024 IMF report. REUTERS/Stefano Rellandin. From 2021 publication of Credit Suisse. GDP per capita (current US$) - Middle East & North Africa. First up with a GDP per capita income of 9,726 is Jamaica. Italy has a wealth per adult of $221,370, as of 2022. EU internal trade: balance of trade in goods 2021 The Gross Domestic Product per capita in Guyana was last recorded at 17646. The country's large oil and gas reserves mainly contribute to its economic success. Country. dollars per capita. $64,491. 7 million residents is$51,420, and the nation’s 2020 GDP was Apr 6, 2024 · Luxembourg, with the GDP-PPP per capita of $140,312, holds the title of the richest country in the world by April 2024. Apr 10, 2023 · 10. Macao SAR is projected to make it to fourth place in 2022 with a per capita income of $82,252. 4,100 127 Eswatini 9,920 Jun 10, 2023 · To determine the 20 richest countries in the world, 2022: 87 (#2 highest of 180 countries) 24/7 Wall St. Most Recent Year. 8. N. GDP per capita (current US$) - United Arab Emirates. Gross domestic product (GDP) is a strong indicator of a country’s economic performance and strength. The 20 countries with the largest gross domestic product (GDP) per GDP per capita (current US$) - Kuwait. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking eleventh. Details. The Briefing. May 24, 2022 · Some of the wealthiest countries, including Australia, Belgium, Canada and the United States, have a severe and widespread impact on global environments – based on CO2 emissions, e-waste and overall consumptions of resources per capita – and also rank low overall on creating a healthy environment for children within their borders. Snapshot. Which is the second richest country in the world? Ireland, standing as the world's second richest country, underwent significant reforms in its banking sector following the 2008 financial crisis. GNI per capita among the 25. 🇰🇳St. List of African countries by GDP (PPP) per capita May 8, 2019 · You will be the richest country in the hemisphere and potentially the richest country in the world. 1960 - 2022 GDP per capita growth (annual %) GDP per capita, PPP (constant 2017 Apr 16, 2024 · Percentage share of European Union GDP 2023, by member state. Jamaica. 16 U. Rank 2022 Country/Territory GDP (nominal) per capita 2022 (USD) Rank 2022 (world) 1 Uruguay 21,677: 46 2 Guyana 20,539: 48 3 Chile 17,827: 57 4 Argentina 13,709: 65 5 Brazil 9,673 This is a map of European countries by GNI (gross national income nominal) per capita for year 2021. If you want to skip our overview of the global economic environment, then head on over to World’s 5 Richest Countries by GDP (PPP) per Capita. Despite having vast wealth tied up in natural resources, the country's prosperity has taken a beating over the past decade as a result of political upheaval. Data for each indicator is indexed on a scale of 0-100 where 100 Jul 11, 2022 · The world’s richest 1% are set to have per capita consumption emissions in 2030 that are still 30 times higher than the global per capita level compatible with the 1. reviewed data on gross national income per capita for 198 countries and special May 20, 2021 · Denmark, Iceland, Singapore, Australia and Qatar round up the top ten nations. Highly dependent on tourism, the archipelago's economy remains highly vulnerable to global disruptions Oct 30, 2023 · In this piece, we will take a look at the world’s 20 richest countries by GDP (PPP) per capita. This is a list of countries by gross national income per capita in 2022 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. Venezuela - GDP (PPP) Per Capita: $9,066. In 2022, GDP of Algeria Mar 20, 2023 · Based on GDP per capita income, these are the ten richest Caribbean Islands in 2021. The GDP per capita of USD 88,475. 5K. Click on a country for details. GDP per capita is a common measure of a country's wealth, but it does not always correspond to the average income of its citizens. , where many of the state’s residents work. Aug 31, 2023 · With a GDP per capita of $19,470 in 2022, Seychelles is Africa's most prosperous nation. $750 billion – $1 trillion. But besides that, Qatar is a global financial hub and tourist destination. 0. Luxembourg. Dec 4, 2023 · GDP Per Capita: As of 2022, Barbados has a GDP per capita of about $20,018 according to the World Bank. 250. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country. Share Details. GDP per Capita in Guyana averaged 4040. The statistic shows gross domestic product (GDP) per capita in the countries of the Arab world in 2022. Vincent and the Grenadines. Jan 19, 2023 · 8. The top ten countries are: Switzerland– $685,226; United States – $551,347 GDP per capita (current US$) - Sierra Leone from The World Bank: Data. Published by. 4,130 126 El Salvador 10,460 127 Egypt, Arab Rep. With a population of only 660,000 people, the nation is GDP per capita (current US$) - Sweden. $1–5 trillion. com writes, until recently, Jamacia was known best for its picture-perfect beaches and reggae music. Poland has a wealth per GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. dollars) Basic Statistic U. 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. 84. For more information on prosperity metrics such as "GDP" and "PPP," click to scroll to this section: Understanding GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. 50K. In 2022, Luxembourg had the largest gross domestic product (GDP) per capita at purchasing power parity. It is measured by the added value of all GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. 6 in this British Overseas Territory is derived from its thriving financial services industry and tourism sector. Mean net wealth per person (current prices) The table below is an imperfect attempt at assessing Guyana's Income per capita level (proxied as World Economics GDP per capita) and Guyana's Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report 2023), and using Untited Nations population data. Mar 25, 2024 · This chart shows the countries/regional economies with highest per-capita average and median wealth in 2022. Line Bar Map. 4. GDP Per Capita In 2023: $37,090. $66,983. GDP is the total value of all goods and services produced in a country in a Dec 15, 2023 · Dec 15, 2023. This is a list of countries of the world by wealth per adult or household, from sources such as UBS 's annual Global Wealth Databook [1] and the OECD 's Better Life Index. Apr 28, 2014 · Oil and gas have made Qatar the richest country in the world - rich enough to be ready, apparently, to spend $200bn (£120bn) on stadiums and infrastructure for the 2022 World Cup. EU Internal Trade: food, drinks and tobacco trade balances 2023, by member state. United Arab Emirates — GDP per Oct 30, 2023 · GDP Per Capita In 2023: $65,842. Lucia. Apr 29, 2016 · Qatar's Doha is predicted to be one of the rising stars in terms of per capita GDP. 2022 - 2022. Its wealth is largely due to its proximity to Washington, D. 1968 - 2022. 150K. Singapore has a GDP per capita of over $82,000 USD, making it the third wealthiest country on our list. 4. It is also considered the world’s richest country in terms of GDP per capita adjusted by purchasing power parity (PPP). 4 billion people, but its per-capita GDP is only $12,500. 1975 - 2022. Qatar is the richest country in the world, with a GDP per capita of over $100,000. Dec 22, 2022 · Australia is the only country from the Oceania area of the world to rank among the richest countries. With a population of just 660,000, the country is also considered a tax haven, incentivizing foreign investment due to its favorable tax policies. Label. Dec 15, 2023 · When accounting for the long workdays and limited holiday, it drops to 11th. Staff. Luxembourg: USD 143,203 per capita in 2025. Mean net wealth per household (current prices) 595 820. Qatar. Einar H. This data is adjusted for inflation and for differences in the cost of living between countries. This statistic shows gross domestic product (GDP) of the Arab world in 2022. 1965 - 2022. San Marino — GDP per capita: $64,443 (£52,553) A gondola ascends Monte Titano to the old city of San Marino August 12, 2009. Sts. 9. 3 thousand U. Apr 21, 2018 · The world by income. 3,437. Countries with the highest wealth per adult 2022 Countries with the highest average wealth per adult worldwide in 2022 (in U. Thus, for instance, if a country's volume index is below 100, that country's level of GDP (or AIC) per capita is lower than for the EU as a whole. Countries are ranked by their estimated 2023 figures. $10–20 trillion. GDP per Capita by Country 2024. Luxembourg, whose financial sector makes up 25% of its GDP, is the world’s richest country by GDP per capita. . $250–500 billion. This data is expressed in international-$ at 2017 prices, using multiple benchmark Asian countries by GDP (PPP) per capita in 2017 This is a list of Asian countries by GDP per capita based on purchasing power parity . Feb 6, 2024 · With a GDP per capita of $47,383, Estonia is placed 44th among the richest countries in the world by GDP per capita in 2024. Full Bio. Maldives. India, the world's second 8. Jun 10, 2023 · This Is the Richest Country in the World. Like Saudi Arabia and the United Arab Gross domestic product (GDP) per capita in the Arab world 2022 Quantity of unloaded sea freight data collection score MENA 2018, by country Share of child anthropometric stunting MENA 2020, by country GDP per capita (current US$) - European Union. Countries by median wealth ( US dollars) per adult. $5–10 trillion. This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Mar 27, 2024 · GNI per capita in the countries on this list ranges from $41,290 in Portugal to $118,470 in Norway — the richest country in the world. Share of bottom 40% of wealth. As of 2021, the country has a GDP per Capita of $60,443, making it one of the wealthiest countries in the world. 1K. 5⁰C goal of the Paris Agreement, while the footprints of the poorest half of the world population are set to remain several times below that level. The African island was, therefore, the only high-income country Gross domestic product 2022 (millions of Ranking Economy US dollars) 1 United States 25,462,700 2 China 17,963,171 Gross national income per capita 2022, Atlas method and PPP Purchasing Atlas power parity methodology (international Ranking Economy (US dollars) Ranking Economy dollars) 126 Micronesia, Fed. 734 trillion along with a GDP per capita of $12,556. Foreign Direct Investment: This has played a crucial role in the nation’s economic growth. With a GDP per GDP per capita (current US$) - Singapore. 15. C. Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2022, at 14,340 U. As of 1981, per capita GDP in Canada was 92 per cent of that of the U. The GDP per Capita in Guyana is equivalent to 140 percent of the world's average. In 2022, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Mar 1, 2024 · The picture is particularly distressing when you compare where we are with our nearest neighbour. China makes up 18. 3 The country boasts a high average wealth per adult with a GDP per capita of $91,932 (about KSh 12,197,590) and a strong economy despite recent financial sector upheavals. 00. GDP Per Capita (2024): $47,700. 🇻🇨St. Apr 30, 2024 · Now, let’s take a look at the top 10 largest economies/ richest countries in the world in 2024, sourced from IMF data (as of April 30, 2024): Rank & Country. World Bank national accounts data, and OECD National Accounts data files. Cayman Islands. As investopedia. It is one of the few first world nations in the world and has well developed public healthcare and education Nov 21, 2023 · Malaysia’s total wealth came in at $678 billion in 2022 and has a GDP per capita of $37,080 in 2023. [1] Countries by nominal GNI per capita according to the Atlas method (2018) GDP per capita (current US$) - Luxembourg. These days, its financial industry is making just as many headlines. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database. $500–750 billion. GNI per capita of $77,950 ranks ninth highest Published by Statista Research Department , May 22, 2024. Aaron O'Neill , Dec 1, 2023. 93. Singapore – $82,763 GDP (PPP) per capita. High income [2] in purple ($13,205 or more, as defined by the World Bank ), upper middle income in orange ($4,256 and $13,205), and lower middle income ($1,086 and $4,255) in red. May 4, 2024 · World’s 100 Richest Countries 2024. Also Show. Australia. The world GDP per capita continues to grow every year, and is projected to be $13,920 for 2023. 100K. One of the richest countries in Asia by GDP GDP per capita (current US$) - Arab World. dollars, converted from local currency using the World Bank Atlas method, which is applied to smooth exchange May 21, 2024 · According to the 2023 UBS Global Wealth Report, Switzerland ranked as the wealthiest country in the world per capita, with a figure of $685,226. Gross domestic product of the Arab world in 2022. Values are given in USDs and have not been adjusted for inflation. May 7, 2024 · While we know the GDP per capita country-wise for them, let’s see why the top 10 economies from the list above became the richest in the world: Luxembourg GDP: $88. Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. Kitts and Nevis. From a statistical perspective, classifications can change for two reasons: Changes to Atlas GNI per capita : In each country, factors such as economic growth, inflation, exchange rates, and population growth can all influence the level Nov 14, 2022 · Maryland may have a relatively low median home value compared to many other places in the United States, but the Old Line State has the highest median household income in the country, making it the richest state in America for 2022. 69 USD from 1960 until 2022, reaching an all time high of 17646. GDP (PPP) per capita is given in international dollars. Luxembourg is the richest country with a GDP per capita of $128,820. 7 million residents is$51,420, and the nation’s 2020 GDP was GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. 89. S. according to International Monetary Fund estimates [n 1] [1] Countries by nominal GDP in 2019 [n 2] > $20 trillion. Previous Next. All figures are given in international dollars and are the latest estimates from the International Monetary Fund . 2013. GDP (PPP) per capita (2022) GDP (nominal) per capita (2022) vs. Also Show Share Details. European countries with a comparatively low population made up four of the top eight richest nations in the world per capita. Sweden, like Finland, is located in Feb 8, 2024 · Below, we provide an analysis of how different countries fare according to this metric. Gross domestic product (GDP) is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. 2. Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. 24/7 Wall St. Luxembourg has a thriving financial sector that contributes to 25% of its GDP. Poland. Ireland, Singapore, and Qatar trail behind at $133,895, $133,737, and $112,282, respectively. 22 US dollars in 2022. Nov 6, 2019 · Qatar is, by far, the richest country in the world, with a GNI per capita of $113,133 — more than $17,000 higher than the second wealthiest nation, Macao. 1960 - 2022. Showing 1 to 10 of 26 entries. Mar 29, 2023 · Pallavi Rao. 3. Dec 14, 2023 · The indices of relative volumes of GDP and AIC per capita published in this article have been adjusted for price level differences, and are expressed in relation to the European Union average (EU=100). The Kingdom of Sweden is a prosperous Nordic country. Feb 6, 2024 · New Zealand has a GDP per capita of $55,034 and a wealth per adult of $388,761. Primary Economic Sectors: International Business Sector: A key driver of the economy, attracting global businesses. All five Nordic countries are among the 20 countries in the world with the highest GDP per capita, (GDP) per capita 2022. World PPP GDP per capita ($20,645) 1. For this purpose it uses gross national income (GNI) per capita data in U. 2022 Nominal GDP Per Capita in Current U. License : CC BY-4. #. ; by 2022 it had fallen to Dec 1, 2023 · Dec 1, 2023. 10K. Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2022. The country ranked first with a PPP-adjusted GDP per capita (current US$) - South Asia. the richest people in America 2022 Feb 4, 2024 · Denmark. [2] Wealth includes both financial and non-financial assets. The U. Italy is one of the richest European countries with a GDP per capita of $56,016. [1] Dec 15, 2023 · Ranking the richest countries in the world. Australia is located in Oceania. 649 993. New Zealand is one of the richest countries in the world by GDP per capita in 2024. Dollars: $106,148; Norway is the 24th-largest economy in the world. Luxembourg, Bermuda, and Ireland rank highest in GDP per capita, indicating significant national wealth. The global economy has undergone several shocks over the last […] Nov 28, 2022 · This GDP per capita indicator provides information on economic growth and income levels in the medium run. With a PPP per capita of $9,066, it ranks as the tenth richest country in Latin America. Mapped: Which Are the World’s Richest Countries? Measuring GDP per capita is a common measure of the economic wealth on a per person basis. We forecast Luxembourg to be the world’s wealthiest economy in 2025 in nominal GDP terms (at market exchange rates). Equatorial Guinea followed with 11. Oct 17, 2023 · Published by. 811 432. (See List of countries by GDP (PPP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. 10. Jun 30, 2023 · The updated country income classifications for FY24, based on the GNI per capita of 2022, are available here. 6 days ago · The statistic shows the 20 countries with the largest gross domestic product (GDP) per capita in 2022. reviewed data on GNI per capita for 198 countries and special regions from the 2022: 87 (#2 highest of 180 Feb 27, 2022 · Australia is the only country from the Oceania area of the world to rank among the richest countries. 43. The value amounted to 20. ) PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. The tiny city-state and island of Singapore continues along our theme of very rich, but very small countries. Dyvik , Oct 17, 2023. The island city-state of Singapore is the third richest country in the world. See also: GDP by Country. Oct 25, 2022 · The World Bank Group lists China as the second richest country in the world as of 2021, possessing a GDP of $17. 36 USD in 1963. Mar 25, 2021 · 1. Note that the list excludes overseas departments Mayotte and Réunion (France), both west of Mauritius. Using the two metrics, Switzerland was the richest country in the world with the highest average per-capita wealth of around US$685,000 per adult. Some country estimates are available as far back as 1950. Mar 17, 2023 · As of 2019, Qatar has a population of 2,988,066 people. In 2022, Belgium ranked 19th with an estimated GDP of about 49,843. China—the world’s second-largest economy in nominal terms—comes 65th by GDP per person and 96th by hours worked GDP per capita (current US$) - Africa. LineBarMap. The country is already among the richest in the world, and huge investments ahead of the 2022 Soccer World Cup China, the world's second-largest economy with a GDP approaching $18 trillion, has a population of more than 1. Looking at median per-capita wealth – the This is a list of cities in the world by nominal gross domestic product (GDP). 56 billion May 3, 2024 · In the 10 poorest countries in the world, the average per-capita purchasing power is less than $1,500 while in the 10 richest it is over $110,000, according to data from the International Monetary Fund (IMF). 09. 5. Values are expressed in current international dollars, reflecting the corresponding exchange rates and PPP adjustments. San Marino Sep 22, 2023 · Sep 22, 2023. The difference This is a list of African countries by Gross Domestic Product (GDP) per capita based on purchasing power parity (PPP). Caleb Silver. 25K. GDP (USD billion) GDP Per Capita The statistic shows the 20 countries with the largest gross domestic product (GDP) per capita in 2022. 🇱🇨St. First up is Venezuela. Luxembourg’s economic success in recent decades is thanks to a booming services sector: The country is home to several important EU institutions and boasts a large financial GDP per capita (current US$) World Bank national accounts data, and OECD National Accounts data files. GDP per capita, PPP (current international $) - Middle East & North Africa from The World Bank: Data. " It may sound far-fetched, but with a population of around 750,000, in per capita terms, Guyana Mar 6, 2017 · 10. By. 3. GDP Per Capita - UN 2022. 22 USD in 2022 and a record low of 2327. 5K. dollars. qg cl oj bq tq el zm cq uq oj