When it comes to the richest countries in the world, size doesn’t always mean wealth. Small countries tend to dominate the top, as they heavily rely immigrant workers who are not granted resident status and often don’t reside in the countries they are working in, and thus not counted in the GDP per capita calculations. This article ranks the richest countries in the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.
Here are the top 20 richest countries in the world.
Rank | Country/Territory | GDP per capita (PPP) |
1. | Qatar | $138,910 |
2. | Macau | $113,352 |
3. | Luxembourg | $112,045 |
4. | Singapore | $105,689 |
5. | Ireland | $86,988 |
6. | Brunei | $85,011 |
7. | Norway | $79,638 |
8. | United Arab Emirates | $70,441 |
9. | Kuwait | $67,891 |
10. | Switzerland | $67,558 |
11. | United States | $67,426 |
12. | Hong Kong | $66,527 |
13. | San Marino | $62,913 |
14. | Netherlands | $60,299 |
15. | Taiwan | $57,214 |
16. | Iceland | $56,974 |
17. | Saudi Arabia | $56,912 |
18. | Sweden | $55,989 |
19. | Denmark | $55,675 |
20. | Germany | $55,306 |