List Of Richest Countries Of The World 2022 (2024)

FAQs

List Of Richest Countries Of The World 2022? ›

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.

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.

The richest country in the world is Luxembourg.

Luxembourg. In terms of purchasing power parity (PPP) Luxembourg scores at the top of the richest countries.

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.

Average growth 2022-2026: 25.8%

Guyana will be by far the fastest-growing economy over the next few years.

The United States is the richest country in the world with the highest GDP, as of 2021. China is the second richest country in the world with a $17.734 trillion GDP.

The United States remains the most powerful country in the world, followed by China and Russia. However, the balance of power may shift in the coming years as countries like India and Brazil continue to grow economically and assert themselves on the global stage.

Just five countries make up more than half of the world's entire GDP in 2022: the U.S., China, Japan, India, and Germany.

Is America the richest country 2022? ›

1- United States: Located in North America, the United States ranks third in the world in terms of size and population. It has again beaten China, to become the richest country in the world.

Richest European Countries: Monaco (if data present), Liechtenstein, Switzerland, Luxembourg. Richest Asian Countries: Singapore, Qatar, Israel. Richest Countries in North America: United States of America, Canada, Puerto Rico.

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 American economy is fueled by high productivity, transportation infrastructure, and extensive natural resources. Americans have the highest average household and employee income among OECD member states.

For the fourth quarter of 2019, total wealth in the U.S. was $111.04 trillion.

Which country will be richest in 2050? ›

Richest Country in 2050 will be United Kingdom

The United Kingdom's Gross Domestic Product in 2050 is estimated to be 3.58 trillion US dollars, with a per capita income of 49,412 US dollars. The present gap between the British economic wealth and Germany's economic wealth will contract significantly.

BRICS is an acronym for Brazil, Russia, India, China, and South Africa, a group of five major emerging economies. These economies are recognized for their rapid economic growth and are home to nearly 40% of the world's population and over a quarter of its landmass.

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.

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).

China to surpass US to become number one economy in the world. The United States has restricted exports of critical semiconductor components and technology to China, Beijing's bid to topple Washington as the No 1 economy faces 'unprecedented' pressure, according to The Star reports.

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 US dominates the air with far more bases, fighter jets and bombers than Russia but Russia is superior on the ground with more tanks, artillery and land vehicles. At sea, the countries are more evenly matched, but here the US has the edge with more destroyers, submarines and aircraft carriers.

The GDP per capita is calculated by dividing a country's GDP by its population. Thus, the richest countries in the world are those with the highest GDP per capita. Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700.

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.

What is the richest continent in the world? ›

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.

California. The Golden State boasts the largest economy in the U.S., with a gross state product of about $3 trillion. And with roughly 40 million residents, it's also the most populous state in the country. The largest economic sectors in California are agriculture, media, tourism, and technology.

New York City wears the crown as the world's top city with the most millionaires in 2023.

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

New York City was atop the list of the world's wealthiest cities with 340,000 millionaires. San Francisco's Bay Area beat NYC in the list of billionaires with 63.

The UAE is the third-richest country in the world, below Luxembourg at number two and Qatar at number one, with a GDP per capita of $57,744. The bulk of its money comes from the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.

Economy. China has a GDP per capita of $16,400 as of 2020, while in United Arab Emirates, the GDP per capita is $67,100 as of 2019. In China, 3.6% of adults are unemployed as of 2019.

Why is Qatar so rich? ›

The exploration of oil and gas fields began in 1939. In 1973, oil production and revenues increased dramatically, moving Qatar out of the ranks of the world's poorest countries and providing it with one of the highest per capita incomes in the world.

South Sudan

The very poorest of the world's poorest countries, South Sudan has been wracked by violence since its creation in 2011.

In the world, the poorest countries are mostly located in Africa and Asia, with Burundi being the poorest country followed by Somalia, Mozambique, Central African Republic, and Madagascar.

Iceland stands at the top of countries with the lowest poverty rates with a poverty rate of 4.9% in 2021.

The United States remains the most powerful country in the world, followed by China and Russia. However, the balance of power may shift in the coming years as countries like India and Brazil continue to grow economically and assert themselves on the global stage.

Françoise Bettencourt Meyers – US$80.5 billion

The richest woman in the world this year hails from France, just like the richest man, Bernard Arnault. With over US$80 billion in the bank, Bettencourt Meyers' wealth is derived from her and her family's 33 per cent stake in L'Oréal.

“Jeff Bezos.”

People of Arab descent living in the United States tend to be better educated and wealthier than Americans as a whole, the Census Bureau says.

United States has a GDP per capita of $60,200 as of 2020, while in United Arab Emirates, the GDP per capita is $67,100 as of 2019.

Is it expensive to live in Dubai? ›

A global business and tourism hub, Dubai offers a luxurious lifestyle but also high living expenses, particularly in terms of accommodation.

Key points. 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. While an ultra-high net worth will be out of reach for most, you can amass $1 million by managing money well and investing regularly.