When we measure how rich is one country, we should look at GDP per capita.
What is GDP per capita?
Per capita gross domestic product (GDP) is a financial metric that breaks down a country’s economic output per person and is calculated by dividing the GDP of a nation by its population.
Per capita GDP is a global measure for gauging the prosperity of nations and is used by economists to analyze the prosperity of a country based on its economic growth.
There are a few ways to analyze a country’s wealth and prosperity. Per capita GDP is the most universal because its components are regularly tracked on a global scale, providing for ease of calculation and usage. The income per capita is another measure for global prosperity analysis, though it is less broadly used.
Here is 50 richest countries in the world according to their GDP per capita in USD $
1. Luxembourg 112226.91
2. Singapore 93397.05
3. Ireland 90624.72
4. Qatar 85290.45
5. Bermuda 76626.52
6. Switzerland 68752.77
7. Norway 63548
8. UA Emirates 63299.42
9. Brunei 62200.88
10. USA 60286.63
11. Macao 57728.99
12. Hong Kong 56153.97
13. Denmark 55819.91
14. Netherlands 54325.51
15. Iceland 52381.11
16. Austria 51855.71
17. Germany 51374.03
18. Sweden 50923.11
19. Belgium 48720.11
20. Australia 48690.48
21. Finland 47144.4
22. Canada 46103
23. Kuwait 44847.05
24. Saudi Arabia 44328.18
25. Euro area 43882.6
26. New Zealand 42774.69
27. UK 42675.78
28. South Korea 42381.37
29. France 42313.19
30. Bahrain 41480.58
31. Japan 40232.21
32. Malta 39222.17
33. Israel 39048.79
34. Italy 39004.86
35. Cyprus 38816.09
36. Czechia 38507.53
37. Lithuania 37109.51
38. Slovenia 37091
39. Spain 36219.94
40. Estonia 35215.36
41. Puerto Rico 33442.84
42. Poland 32354.54
43. Portugal 31935.47
44. Hungary 31099.63
45. Bahamas 30846.58
46. Slovakia 30509.77
47. Latvia 30082.87
48. Oman 29502.06
49. Romania 28828.11
50. Turkey 28393.47
