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In the 10 poorest countries in the world, the average per-capita purchasing power is less than $1,500 while in the 10 richest it is over $110,000, according to data from the International Monetary Fund (IMF).
The following table indicates the share of global wealth of the ten wealthiest countries by net national wealth at given years. The share of global wealth of a country that is 5% or greater at a given year is in bold.
Our ranking shows the 50 wealthiest countries, measured by gross domestic product per capita and adjusted by the purchasing in the respective country. The USA is the only country with a large surface area and population among the highest-ranking nations, ranking ninth.
Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
What are the world's richest countries? GDP per capita adjusted for relative purchasing power offers comparable visions of national wealth. What does it mean for a nation to be rich or poor at a time of global pandemic, high inflation and geopolitical tensions?
Luxembourg is currently the richest country in the world based on its GDP per capita (PPP) of $143,742 according to the 2024 IMF report. Ireland, Singapore, and Qatar trail behind at $133,895, $133,737, and $112,282, respectively.
Most of the richest countries are found in Europe and North America (the top two richest continents), with a per capita GDP of $34,500 and $59,000, respectively. On the other hand, most of the poorest countries in the world are found in Africa.