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Meet 29 Richest countries in the world

Twice a year the IMF releases a huge dump of data about the economic power of the world’s nations, with gross domestic product (GDP) per capita a key statistic. The IMF ranks the world’s countries according to their GDP based on purchasing power parity (PPP) per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

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The small countries that dominate the top ten all have small populations compared to countries that lead the world purely in terms of GDP – such as the United States, China, or Germany.

Most of these small nations heavily depend on immigrant workers who often do not reside in the country they are working in or are not granted resident status, and are therefore not counted in the GDP per capita calculations.

We’ve included all the countries with a GDP per capita higher than $45,000 per year. Check them out below.

29. France — $45,473

Pexels / pixabay.com

28. United Kingdom — $45,565

Ian Wilson/Flickr

27. Oman — $45,723


26. Finland — $46,342

The Northern Lights over Kuopio, Finland.
source
Unsplash/Niilo Isotalo

25. Belgium — $48,258

Brussels, Belgium
Pixabay / Walkerssk – CC0

24. Canada — $49,775

Jeff Vinnick/Getty Image

23. Bahrain — $50,102

Pixabay

22. Denmark — $51,643

People biking along the lakes in Copenhagen, Denmark
source
Kristoffer Trolle/Flickr

21. Austria — $51,936

minnystock/Dreamstime.com

20. Australia — $52,190


19. Taiwan — $52,304

Sean Pavone / iStock

18. Germany — $52,801

Getty Images

17. Sweden — $53,077

Fans of Sweden ahead of the FIFA 2018 World Cup Qualifier between Sweden and France at Friends Arena on June 9, 2017 in Solna, Sweden.
source
Nils Petter Nilsson/Ombrello/Getty Images

16. Iceland — $54,121

Wow Air

15. Saudi Arabia — $55,859

Pixabay

14. Netherlands — $56,435

Pixabay / kirkandmimi – CC0

13. San Marino — $61,169


12. United States of America — $62,152

Flickr / Zach Dischner

11. Switzerland — $63,379

Getty Images

10. Hong Kong — $64,533

A cityscape of Hong Kong is see from the Peak on August 8, 2000, moments after sunset.
source
Bobby Yip/Reuters

9. Kuwait — $66,673

meSohrab/Flickr

8. United Arab Emirates — $68,662

An aerial view taken from a sea plane shows Swiss pilot and original Jetman Yves Rossy and Vince Reffett flying over Dubai’s Palm Island, Dubai, United Arab Emirates
source
Lara Sukhtian

7. Norway — $74,065

Norway’s team supporters hold a giant national flag during their 2012 IIHF men’s ice hockey World Championship game with Latvia in Stockholm May 12, 2012.
source
Reuters

6. Brunei — $79,726

Sultan Omar Ali Saifuddien Mosque, Brunei.
source
Flickr/bvi4092

5. Ireland — $79,924

Pixabay / mailgres- CC0

4. Singapore — $98,014

Singapore’s port.
source
Wikimedia Commons

3. Luxembourg — $110,870

Will Martin/Business Insider

2. Macau — $122,489

Unsplash/Healthycliff Syndor

1. Qatar — $128,702

A traditional dhow floats at the Corniche Bay area as tall buildings of the financial district provide a back drop, a day ahead of the start of AFC Asian Cup soccer tournament in Doha, Qatar, Thursday Jan. 6, 2011.
source: AP Photo/Saurabh Das
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