Search
Close this search box.
Search
Close this search box.

Top 25 World’s Richest Countries in 2024

Richest Country in the World

Richest countries in the world in 2024. A list of the 25 countries with the highest per capita income. In this article, we have provided comprehensive information regarding the Richest country in the world. Continue reading if you want to learn more.

Top Richest Country in the World 2024

On the list of the Richest countries in the world, you’ll find names like the United States of America, Qatar, and Norway, amongst others; yet, the top spot on this list is still held by a rather small region. The gross domestic product (GDP) per capita is an estimation of a country’s economy on an individual basis. Although this provides the most accurate data, it does not illustrate how wealth is distributed. GPD stands for gross domestic product.

Read More: Sweet Magnolias Season 3

Many factors, including price structure, average income per person, and others, are evaluated in order to determine which businesses should be placed at the top of the list. If you want to rent an apartment in a wealthy nation, it will cost you five hundred dollars per month, but in a developing nation, the same amount of money could get you the rent on a palace.

The Grand Duchy of Luxembourg, a very small country located in Western Europe, takes the number one spot on this particular list. It is a country that is completely surrounded by land, and its neighbors are Belgium, Germany, and France.

Read Also: Roblox Condo Games

Luxembourgish is the official language of this country; nevertheless, French and German are also recognized for usage in the government and the judicial system. With only 2586 square kilometers of land, it is one of the smallest countries in Europe in terms of area. This nation also has one of the lowest populations seen anywhere in Europe. It is a developed country that also has the highest GDP per capita in the world. This nation was one of the original founding members of the Benelux, the OECD, the United Nations, and the European Union.

Top 25 Richest Countries List 2024

The GDP of India is likewise rather strong, but the country’s population is very large. If a country wants to make it onto the list of the Richest countries, it needs to have a smaller population. This post will provide information about the top 25 Richest countries in the world for you to read about.

1. Luxemburg

Luxemburg, which is at the top of the list, has a GDP that is equivalent to 140,694 dollars for each individual. Its low population of 645,397 people ensures that it will remain on this list. This nation is responsible for the production of a significant amount of steel. Offices of prominent corporations such as Amazon and Skype can be found in this city.

2. Singapore

With a GDP per person of 131,425 dollars, Singapore comes in at number two on this list. Additionally, the headquarters of the Asia-Pacific Economic Corporation is located in this nation, which has extremely competitive tax rates. This country has a total population of 5,453,566 people. It is the Richest nation in all of Asia.

3. Ireland

The Republic of Ireland is still ranked third overall, but it leads the pack when it comes to foreign direct investment. Ireland has a GDP of 131,034 dollars distributed among its population. For the sake of improved development, our nation places a primary emphasis on high-tech, life sciences, finance, and other service industries. It has an economy that is expanding at the fastest rate. The country’s gross domestic product has more than doubled in the last ten years.

4. Qatar

More than 70 percent of a country’s governmental revenue can be attributed to petroleum and natural gas if that country has it. The export sector accounts for 85 percent of Qatar’s total income, and the country’s GDP is 60 percent dominated by the sector. Its gross domestic product is 113,675 dollars per person, and it is the world’s second-largest exporter of natural gas.

5. Switzerland

Switzerland comes in at number five on this list with a gross domestic product (GDP) of 84,469 dollars for each individual. It has a very low population but is known as the land of wealth because it is home to many people who are worth a million dollars or more. It is a country located in Europe that is famous for producing a large number of innovations. The year 1948 marked the beginning of Switzerland’s independence, and the country quickly rose to prominence as a developed nation.

6. Norway

The majority of the world’s oil is shipped from Norway, making it the leading oil exporter. GDP was calculated at 78,128 USD per person. The agricultural, forestry and fishing industries were the primary contributors to its economy, which made it the most impoverished of the three Scandinavian kingdoms.

7. United Arab Emirates

With a gross domestic product (GDP) of 77,272 dollars per person, the United Arab Emirates came in seventh place on the list. Petroleum and natural gas production are the primary sources of revenue for this middle eastern country, which ranks fifth in size in the region. Additionally, one of the biggest contributors to the earnings is the tourist industry.

8. United States

United States of America, where the median household income of women has risen dramatically since the 1970s. The United States has a GDP per person that is equivalent to $75,180 USD. The highest annual income in this country in 2019 was 103,012, and more than sixty percent of families have two or more people contributing to the household income.

9. Brunei

Brunei is a fairly small country in Southeast Asia that is located on the northern coast of the island of Borneo. There are more people under the age of 30 living in this country than any other age group. The natural gas and petroleum reserves in this country are the primary sources of this nation’s revenue.

10. San Marino

The nation of San Marino, which occupies the tenth spot on this ranking, generates the majority of its income from tourism, banking, and the production of various goods, including furniture, fabrics, apparel, paints, spirits, tiles, ceramics, and wine.

The List that Follows Contains the Remaining 15 Countries

Rank Country GDP Per Capita
11 Denmark $69,845
12 Netherlands $69,715
13 Taiwan $69,500
14 Austria $66,680
15 Iceland $66,467
16 Andorra $65,372
17 Sweden $63,877
18 Germany $63,835
19 Australia $62,192
20 Belgium $62,065
21 Finland $58,659
22 Bahrain $57,921
23 Canada $57,827
24 Malta $56,338
25 France $56,200

 


Subscribe to Our Newsletter

Related Articles

Top Trending

Tata Institute Rs 100 Cancer prevention Tablet
Tata Institute's Breakthrough: Rs 100 Tablet May Prevent Cancer Recurrence
Stelle Ciccone
The Inspiring Journey of Stelle Ciccone: Madonna's Adopted Daughter
Hailey Bieber Justin 30th Birthday Tribute
Hailey Bieber's Sweet 30th Birthday Tribute to Justin: 'Love of My Life, for Life'
Elon Musk Sues OpenAI Mission Betrayal
Elon Musk Takes Legal Action Against OpenAI for Mission 'Betrayal'
Spotify Epic Vs Apple DMA Compliance
Spotify & Epic Claim Apple's App Store Fails to Meet DMA Standards

LIFESTYLE

Taurine Key to Extending Life Research Finds
Taurine: The Secret Ingredient for a Longer Life? Latest Research Insights
Strategies to Beat Procrastination
Beat Procrastination: Effective Strategies to Stay Productive!
Egyptian Cotton Sheets for Your Bed
A Beginner's Guide to Choosing the Perfect Egyptian Cotton Sheets for Your Bed
Long Lehenga Choli
Elegance Redefined: Navigating the Diverse World of Long Lehenga Choli Designs
valentines day outfits
Top 20 Trendy Valentine's Day Outfits in 2024 For Every Occasion

Entertainment

Stelle Ciccone
The Inspiring Journey of Stelle Ciccone: Madonna's Adopted Daughter
Hailey Bieber Justin 30th Birthday Tribute
Hailey Bieber's Sweet 30th Birthday Tribute to Justin: 'Love of My Life, for Life'
apple tv plus march 2024
Exciting Lineup of New TV Shows and Movies to Watch on Apple TV Plus in March 2024
disney plus march 2024
New Releases on in March 2024: What to Watch on Disney Plus
max march 2024
Top Movies and Shows to Watch on Max in March 2024 [TV Guide]

GAMING

Nintendo lawsuit Rhode Island Game Piracy
Nintendo Takes Legal Action Against Rhode Island Company Over Game Piracy Claims
Best Online Pokies in Australia
The Best Online Pokies in Australia
Sports Betting vs Online Casinos
Sports Betting vs Online Casinos: Where is it Easier to Win?
Play Games for Bitcoin
Can You Play Games for Bitcoin? 
Most Played Games at Online Casinos
Discover the Most Played Games at Online Casinos

BUSINESS

Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil
Futures and Options
Evaluating the Safety of Investing in Futures and Options
Young Australians Money
Why Young Australians Need to Know About Money?
NPS Tier 1 vs Tier 2
NPS Tier 1 vs Tier 2: Understanding the Differences
Tips to Manage Your Small Business in 2024
5 Tips to Manage Your Small Business in 2024

TECHNOLOGY

Spotify Epic Vs Apple DMA Compliance
Spotify & Epic Claim Apple's App Store Fails to Meet DMA Standards
Technology Reshaping Share Market
How Technology is Reshaping the Share Market Investing Landscape?
Integra Sources
Integra Sources: Custom Project Development Services
Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil
Nintendo lawsuit Rhode Island Game Piracy
Nintendo Takes Legal Action Against Rhode Island Company Over Game Piracy Claims

HEALTH

Tata Institute Rs 100 Cancer prevention Tablet
Tata Institute's Breakthrough: Rs 100 Tablet May Prevent Cancer Recurrence
Norovirus Cases Surge US Northeast CDC Report
US Norovirus Surge: CDC Highlights Spike in Northeast Cases
Top Healthiest and Unhealthiest Countries
Top Healthiest and Unhealthiest Countries Globally - 2024 Rankings
Best Way to Prevent Gum Disease
What is the Best Way to Prevent Gum Disease?
Norovirus Outbreak Northeast CDC Data
Norovirus Outbreak Hits Northeast: Latest CDC Data Reveals Spread