List of richest countries in the world 2022: Net worth of the US, China, India, UK, Canada, Japan and More (2024)

FAQs

List of richest countries in the world 2022: Net worth of the US, China, India, UK, Canada, Japan and More? ›

Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.

Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.

As per projections by IMF for 2021, United States is leading by $6,033 bn or 1.36 times on an exchange rate basis. The economy of China is Int. $3,982 billion or 1.18x of the US on purchasing power parity basis.

According to the IMF, the wealthiest nation in the world 2022 for GDP per capita was Luxembourg, with a sum of $127,673. For the sake of comparison, while the US has an overall GDP of $26.19 trillion, its GDP per capita is much lower at $75,180 than tax havens like Luxembourg, with a GDP per capita of $127,673.

Known for valuable exports and favorable corporate tax policies, Ireland is the richest country in the world. Luxembourg, despite high-income levels and a low unemployment rate, lost the #1 spot. The resource-rich land with the world's biggest economy, the United States, ranks 8th on the list.

There is still much work to be done to propel China to the top of the world's economy, but it is certainly possible that the Chinese economy can surpass the power of the US by 2050. It may also be too early to make definitive projections of China's future.

When comparing Japan's GDP with that of China's it is clear that Japan is far wealthier than its neighbor across the sea. In 2019, Japan's total GDP was estimated at around $5 trillion while China's was estimated at around $14 trillion - making it almost three times larger than Japan's economy.

As of January 2023, the five countries owning the most US debt are Japan ($1.1 trillion), China ($859 billion), the United Kingdom ($668 billion), Belgium ($331 billion), and Luxembourg ($318 billion).

Is India a rich or Poor country? ›

India has GDP per capita of $2,200. In 2021, India was ranked 145th in a list of 193 countries for which data was available. India was placed above Kenya and below the Solomon Islands.

The United States. It consists of 50 states, and its economic and military power is unmatched. This North American country has maintained the position of a superpower nation for decades. The United States is the most powerful country in the world.

The ranking of India as one of the top 10 wealthiest countries in the world is largely because of its large population. India is the seventh wealthiest country in the world. It figures among the 10 wealthiest countries, with a total individual wealth of $ 5,600 billion.

China, France, Russia, the United Kingdom, and the United States are often referred to as great powers by academics due to "their political and economic dominance of the global arena". These five nations are the only states to have permanent seats with veto power on the UN Security Council.

The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.

Which country has the highest GDP per capita? The richest country in the world is Luxembourg. According to the IMF, the duchy's GDP per capita is $135,046. The total gross domestic product exceeded $86 billion.

The integration of far-flung settlements required new technologies — steam engines, canals and railroads — setting the country on a natural course to industrial development. In sum, slavery and conquest created the foundation upon which the U.S. economy grew.

Richest State in USA

New York is the richest state in the US, with a GDP per capita at $96,5k. This means that New York is responsible for around 9% of America's entire economic output, the highest percentage amongst the 50 states.

The richest country in the world is Luxembourg.

Here are the 10 richest countries in the world: United States - $18.62 Tn. China - $11.22 Tn. Japan - $4.94 Tn.

What countries are richer than US? ›

While the US took top spot in the report, Switzerland continues to boast the highest gross financial assets per head in the world at €266,318 (against €227,364 for the US).

India is expected to overtake Germany in terms of GDP in 2025 and Japan in 2027 to become the third largest economy after the U.S. and China. Modi has pledged to make India a developed country by 2047, when it celebrates the 100th anniversary of its independence.

India to overtake China as world's most populous country in April 2023, United Nations projects.

Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Japan, on the other hand, reached USD 39,313 per capita, or 4.941 trillion USD for the whole country. Japan is one of the world's largest economies and is currently at rank 3.

China says it has become the world's biggest exporter of cars after overtaking Japan in the first three months of the year. Officials figures released in the last week show China exported 1.07 million vehicles in the period, up 58% compared to the first quarter of 2022.

Manufacturing has been the most remarkable, and internationally renowned, feature of Japan's economic growth. Today, Japan is a world leader in the manufacture of electrical appliances and electronics, automobiles, ships, machine tools, optical and precision equipment, machinery and chemicals.

How much does Russia owe? About $40 billion US in foreign bonds, about half of that to foreigners. Before the start of the war, Russia had around $640 billion US in foreign currency and gold reserves, much of which was held overseas and is now frozen.

Investors in Japan and China hold significant shares of U.S. public debt. Together, as of September 2022, they accounted for nearly $2 trillion, or about 8 percent of DHBP. While China's holdings of U.S. debt have declined over the past decade, Japan has slightly increased their purchases of U.S. Treasury securities.

What if China dumps U.S. debt? ›

If the China bloc disposes of net foreign assets amounting to more than 20% of GDP by offloading US bloc bonds over 10 years, the IMF finds that the China bloc's domestic interest rates would fall by four basis points.

From a dollar-value point of view India has much more poverty than the United States. The great majority of India's people are in the world's poorer half, and about one-eighth of adults have less than $135 in total wealth [Table 3-4]. The impoverishment reaches extreme depths.

According to the IMF, Turkey has an upper-middle income mixed-market emerging economy. The country is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics and home appliances. $3.57 trillion (PPP, 2023 est.)

United States. The United States of America is a North American nation that is the world's most dominant economic and military power.

1. United States Of America. US Military has the biggest defence budget in the world. They are known for their most powerful Air Force on the planet, named as United States Air Force (USAF).

The country's nominal GDP of USD 18 trillion is roughly six times that of India. China has historically had a larger population. And in the previous decade, China's real GDP growth outpaced India's by over 1.5 percentage points annually. However, the tables are set to be at least partly turned in the coming years.

Qatar has been ranked among the top few wealthiest countries globally. Qatar has been named the fourth richest country globally. Also, it is the first-ever Arab nation to be among the top four wealthiest nations.

Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.

Currently, only the United States fulfills the criteria to be considered a superpower. However, the United States is no longer the only uncontested foremost superpower and the world's sole hyperpower to dominate in every domain (i.e. military, culture, economy, technology, diplomatic).

Which country will rule the world in 2025? ›

According to a recent report by Harvard University, “From economic complexity growth estimates, India is growing at the annual list at the rate of 7.9 percent as the fastest growing country for the coming decade.

Looking ahead, China is expected to pass the U.S. as the world's largest economy in 2030.

Three of the four biggest clusters of billionaires in the world are classic US destinations for the uberwealthy: New York City, Los Angeles, and the Bay Area, which includes the neighboring tech hubs of San Francisco and Silicon Valley. Nearly 163 billionaires reside in those three hot spots alone.

There are 5.3 million millionaires and 770 billionaires living in the United States. Millionaires make up about 2% of the U.S. adult population.

#1: New York

New York is the wealthiest city in the world⁠—home to 345,600 millionaires with a total private wealth that exceeds $3 trillion. New York is home to many Fortune 500 companies and is the financial heart of the United States, with the New York Stock Exchange and NASDAQ located in the Big Apple.

In 2022, the United States had the largest economy in the world, with a gross domestic product of just under 25.5 trillion U.S. dollars. China had the second largest economy, at around 18.1 trillion U.S. dollars.

How rich is usa 2022? ›

Of the world's 500 largest companies, 121 are headquartered in the U.S. The U.S. has the world's highest number of billionaires, with a total wealth of $3.0 trillion. US commercial banks had $22.9 trillion in assets as of December 2022. U.S. global assets under management had more than $30 trillion in assets.

There is still much work to be done to propel China to the top of the world's economy, but it is certainly possible that the Chinese economy can surpass the power of the US by 2050. It may also be too early to make definitive projections of China's future.

The economy of the State of California is the largest in the United States, with a $3.598 trillion gross state product (GSP) as of 2022. It is the largest sub-national economy in the world.

RD Congo is the richest and most blessed country in the world with natural resources. The climate DR Congo is equatorial tropical, with two rainy seasons including very high rainfalls, and high temperature year round, unlimited green energy recourses, hydropower, wind, solar and thermal.

China's economy has experienced some of the most robust growth in recent years. As a result, China is considered the fastest-growing country in the world.

According to data from Forbes, the United States has the highest number of billionaires in the world with a total of 724 billionaires. This is followed by China with 698 billionaires and India with 237 billionaires. Germany and Russia complete the top five countries with 136 and 117 billionaires respectively.

The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.