The World’s Wealthiest Countries in 2023


According to IMF’s most recent data for 2022, Luxembourg stands as the richest country in the world, boasting a GDP-per-capita of $126,600.

Following closely are Norway, with a GDP-per-capita of $105,830, and Ireland at $103,310. Switzerland also makes the list with a per capita GDP of $93,660, while Qatar rounds out the top five with $83,520 per capita.

The United States ranks 7, with a GDP per capita of $76,340.

World’s Wealthiest Countries Ranked

Top 15 Wealthiest Countries

1. Luxembourg

Located in Western Europe, Luxembourg is known for its small size and high standard of living. With a population of approximately 633,000 people, its economy thrives on a diverse range of sectors, including finance, banking, and technology. Luxembourg’s GDP per capita in 2022 was an impressive $126,600.

Paul Braun / Wikimedia

2. Norway

Situated in Northern Europe, Norway boasts a population of around 5.4 million. Its wealth primarily stems from its abundant natural resources, particularly oil and gas. The country also has a thriving maritime industry and a strong welfare system. In 2022, Norway’s GDP per capita reached $105,830.

Geir Hval (

3. Ireland

Ireland, located in Western Europe, has a population of approximately 4.9 million. The Irish economy is known for its robust technology and pharmaceutical sectors, along with a significant focus on exports. In 2022, Ireland’s GDP per capita stood at $103,310.

Dublin, Ireland / Luciann Photography

4. Switzerland

Nestled in the heart of Europe, Switzerland is renowned for its picturesque landscapes. Its economy is diverse, with strengths in finance, pharmaceuticals, machinery, and tourism. Switzerland’s GDP per capita in 2022 was $93,660.

Bern, Switzerland / Louis

5. Qatar

Qatar, situated in the Middle East on the northeastern coast of the Arabian Peninsula, has a population of around 2.8 million. Its wealth primarily comes from the oil and natural gas industries. The country has made substantial investments in infrastructure and diversification efforts. In 2022, Qatar’s GDP per capita reached $83,520.

Qatar / John Simmons

6. Singapore

Singapore, a city-state in Southeast Asia, has a population of approximately 5.7 million people. Its economy thrives on trade, finance, and manufacturing, making it a global business hub. In 2022, Singapore’s GDP per capita was $82,810.

Singapore / Robert Stokoe

7. United States

The United States, located in North America, is one of the world’s largest and most diverse economies. With a population of over 331 million, it has a dynamic economy driven by technology, manufacturing, services, and innovation. In 2022, the GDP per capita in the United States was $76,340.

New York / Kai Pilger

8. Iceland

Iceland, an island nation in the North Atlantic Ocean, has a population of around 356,991. Its economy is characterized by fishing, renewable energy, and tourism. Iceland’s GDP per capita in 2022 stood at $74,590, supported by its sustainable and natural resource-based industries.

Reykjavík, Iceland / Gylfi Gylfason

9. Denmark

Located in Northern Europe, Denmark has a population of approximately 5.8 million people. The Danish economy is diverse, with strengths in manufacturing, agriculture, and renewable energy. In 2022, Denmark’s GDP per capita reached $68,290, reflecting its high standard of living.

København, Denmark / Pixabay

10. Australia

Australia, situated in the Southern Hemisphere, has a population of around 25.4 million. Its economy is driven by natural resources, such as mining and agriculture, along with a strong services sector. In 2022, Australia’s GDP per capita was $64,810, showcasing its economic resilience and resource abundance.

Sydney / Patrick McLachlan

11. Netherlands

The Netherlands, located in Northwestern Europe, is known for its flat landscape, canals, and windmills. With a population of approximately 17.5 million, its economy is driven by trade, manufacturing, agriculture, and technology. In 2022, the Netherlands had a GDP per capita of $57,430.

Amsterdam, Netherlands / Dewi Madden

12. Sweden

Sweden, situated in Northern Europe, has a population of around 10.5 million. The Swedish economy is diverse, with strengths in manufacturing, technology, and services. In 2022, Sweden’s GDP per capita stood at $56,190, reflecting its strong social welfare system and innovation.

Stockholm, Schweden / Florian Grewe

13. Canada

Canada, located in North America, has a population of approximately 38 million people. Its economy is rich in natural resources, including oil, minerals, and timber, and it also has a strong manufacturing and services sector. In 2022, Canada’s GDP per capita was $55,040.

Ottawa, ON, Canada / Sakoon Pur

14. Israel

Israel, in the Middle East, has a population of around 9.4 million. Its economy is characterized by high-tech industries, innovation, and defense technology. In 2022, Israel’s GDP per capita reached $54,340, showcasing its technological advancements.

Haifa, Israel / Kostiantyn Stupak

15. San Marino

San Marino, a small landlocked country in Southern Europe, has a population of approximately 34,000. Its economy relies on tourism, banking, and small-scale industries. In 2022, San Marino had a GDP per capita of $52,450, reflecting its unique economic structure.

San Marino / jonathan emili
Derek Yang

I’m an immigrant living with my family in a small town on the East Coast. I love classical music, enjoy a good cup of coffee, and have a soft spot for BMWs. I believe in lifelong learning and look forward to connecting with you to share our life experiences. Twitter @mrderekyang.

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