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List Of Top 100 Richest Countries in the World 2019

by Victor Matara

This is an updated list of top 100 richest countries in the world by GDP (nominal) per capita as of 2019. One of the reliable ways of measuring a Nation’s wealth is through their GDP (which means Gross Domestic Product) per capita. For the benefit of those who don’t know what this is about, GDP is a monetary measure of the market value of all the final goods and services which are produced at a particular time (especially annually). On this article, we will be sharing with you the list of the richest countries in the world based on their GDP per capita according to the latest research by the International Monetary Fund (IMF)

The Richest Countries in the World by GDP (nominal) per capita 2019.

1.Luxembourg

The richest country in the world by GDP per capita is Luxembourg. From its castles to view and feel of the countryside, Luxembourg’s specialities lie in both gastronomy and cultural festivals. As low as the population seems to be, it sure has a lot to offer economically. In 2015, the country’s GDP per capita stood at US$ 100 000 and has never looked back ever since. As of 2019, the wealthy European country has a GDP per capita of US$ 114,234.

2 Switzerland
This shouldn’t come as a surprise. Switzerland has a GDP per capita of US$ 82,950. Apparently, the country’s banking and financial institutions are responsible for keeping the country amongst some of the richest countries in the world.

3.Norway

Norway’s current GDP per capita stands at US$ 81, 695. Currently, the country is one of Western Europe’s top producer of oil. The governor of the Central Bank recently hiked the interest rates which simply means the economy of the country is getting stronger. The country also has the lowest income inequality gaps compared to other countries around the world.

4.Ireland.

It’s no breaking news that the Brexit situation is not affecting the economy of this country. Not saying it should, but amidst the uncertainty tied to Brexit, from the rise in oil prices, trade tensions to slashing of growth forecast, the Irish country, however, seems to be doing well. This year, it was forecasted that their economy will expand by 4%, which would consolidate its role as the fastest growing economy in that region. As of 2019, Ireland’ has a GDP per capita of US$ 76,099.

5.Iceland

Iceland is the 5th richest country in the world by GDP per capita (US$ 74,278). In 2017, the World Bank reported that Iceland had a Gross National Income of over 18.31 billion dollars. Even though its economy has been dominated by seafood, banking seems to be gaining ground.

6.Qatar

Qatar is one of the richest countries in the world with a GDP per capita of US$ 70,780. The Middle East country has a top-notch oil exploration industry with its oil accounting for more than 60% of its total revenue. With a population of 2 million people, the country has a huge GDP per capita.

7.Singapore

Another Asian country on the list is Singapore. It’s economy expanded by 3.2% a year ago (2018). The GDP of the country grew in 2017 to US$ 57,714, according to a report by World Bank, this trend has been projected to continue till 2024  Singapore is undoubtedly one of the business-friendly economies in the world. As of 2019, Singapore has a GDP per capita of US$ 64,041.

8. The United States

This list won’t be complete without the United States. It is one of the few (if not the only country) countries with a large population that has been able to maintain a GDP per capita of US$ 62 606. So, what’s the secret behind this success? The answer lies in its huge automotive industry, an ever-growing technological sector and a system of government that aids entrepreneurial rights.

9.Denmark

The citizens of this country live in a society with a comfortable/high living standard thanks to a relatively quality government that advocates for a liberal policy. Its export and export make up about 50% of the total GDP. According to IMF, Demark has a GDP Per capita of US$ 60,692 as of 2019.

10.Australia

Australia has a mixed-market economy with a GDP per capita of US$ 56,352. The country has the largest median wealth per adult.

List Of Top 100 Richest Countries In The World 

 

 

Country

GDP Per Capita in US$

1

​​ Luxembourg

114,234

2

 ​​​​ Switzerland

82,950

3

​​ Norway

81,695

4

​​ Ireland

76,099

5

​​ Iceland

74,278

6

​​ Qatar

70,780

7

​​ Singapore

64,041

8

​​ United States

62,606

9

​​ Denmark

60,692

10

​​ Australia

56,352

11

​​ Sweden

53,873

12

​​ Netherlands

53,106

13

​​ Austria

51,509

14

​​ Finland

49,845

15

​​ San Marino

48,946

16

​​ Germany

48,264

17

​​ Belgium

46,724

18

​​ Canada

46,261

19

​​ France

42,878

20

​​ United Kingdom

42,558

21

​​ Israel

41,644

22

​​ New Zealand

41,267

23

​​ United Arab Emirates

40,711

24

​​ Japan

39,306

25

​​ Italy

34,260

26

​​ Bahamas, The

34,003

27

​​ Brunei

32,414

28

​​ Korea, South

31,346

29

​​ Malta

31,058

30

​​ Kuwait

30,839

31

​​ Spain

30,697

32

​​ Cyprus

28,340

33

​​ Slovenia

26,243

34

​​ Bahrain

25,851

35

​​ Saudi Arabia

23,566

36

​​ Portugal

23,186

37

​​ Estonia

22,990

38

​​ Czech Republic

22,850

39

​​ Greece

20,408

40

​​ Slovakia

19,582

41

​​ Oman

19,302

42

​​ Lithuania

19,143

43

​​ Saint Kitts and Nevis

18,203

44

​​ Latvia

18,032

45

​​ Barbados

17,961

46

​​ Antigua and Barbuda

17,636

47

​​ Uruguay

17,165

48

​​ Seychelles

16,472

49

​​ Trinidad and Tobago

16,223

50

​​ Palau

16,091

51

​​ Chile

16,079

52

​​ Hungary

15,924

53

​​ Panama

15,679

54

​​ Poland

15,431

55

​​ Croatia

14,816

56

​​ Maldives

14,501

57

​​ Romania

12,285

58

​​ Costa Rica

11,744

59

​​ Argentina

11,627

60

​​ Russia

11,327

61

​​ Mauritius

11,281

62

​​ Grenada

11,042

63

​​ Malaysia

10,942

64

​​ Saint Lucia

10,610

65

​​ Equatorial Guinea

10,453

66

​​ Mexico

9,807

67

​​ China

9,608

68

​​ Turkey

9,346

69

​​ Bulgaria

9,267

70

​​ Lebanon

‎ 9,257

71

​​ Kazakhstan

9,237

72

​​ Nauru

9,037

73

​​ Brazil

8,968

74

​​ Montenegro

8,652

75

​​ Gabon

8,297

76

​​ Botswana

8,137

77

​​ Dominican Republic

7,881

78

​​ Turkmenistan

7,646

79

​​ Saint Vincent and the Grenadines

7,491

80

​​ Serbia

7,243

81

​​ Thailand

7,187

82

​​ Peru

7,002

83

​​ Dominica

6,977

84

​​ Libya

6,692

85

​​ Colombia

6,684

86

​​ South Africa

6,377

87

​​ Ecuador

6,316

88

​​ Belarus

6,306

89

​​ North Macedonia

6,100

90

​​ Iraq

5,930

91

​​ Paraguay

5,899

92

​​ Suriname

5,799

93

​​ Fiji

5,752

94

​​ Namibia

5,727

95

​​ Bosnia and Herzegovina

5,674

96

​​ Iran

5,491

97

​​ Jamaica

5,392

98

​​ Albania

5,289

99

​​ Belize

4,862

100

​​ Tonga

4,666

 

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List Of Top 100 Richest Countries in the World 2019

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