Top 10 richest countries in 2024 by GDP per capita

The global economy has rather been resilient to get over COVID-19 disruptions and geopolitical tensions, as superior economies witness a slight acceleration in increase from 1.6% in 2023 to 1.7% in 2024 and 1.8% in 2025.

Richest nations within the world in 2024: the global economic outlook for 2024, as projected with the aid of the international financial Fund (IMF), indicates a consistent yet careful route ahead for the sector economic system. it will retain developing at 3.2 percentage for the duration of 2024 and 2025, at the equal tempo as in 2023.

the global financial system has fantastically been resilient to get over COVID-19 disruptions and geopolitical tensions, as superior economies witness a slight acceleration in increase from 1.6% in 2023 to one.7% in 2024 and 1.8% in 2025.

but, it’s going to witness a modest slowdown in rising markets and growing economies from four.3 percent in 2023 to 4.2 percentage in each 2024 and 2025.

As we technique the cease of 2024 in some months, the worldwide economic Fund (IMF) has launched its state-of-the-art projections, ranking the wealthiest nations primarily based on purchasing energy parity (PPP) according to capita.

Gross home product (GDP) is a parameter for the fee of all items and services produced in a country, with the GDP in keeping with capita supplying insights into the relative prosperity and living standards in their citizens.

considering those elements, you may get the PPP, or purchasing strength parity, that is calculated by using dividing a rustic’s wealth by means of its complete-time residents, contemplating inflation costs and nearby product and carrier prices.

pinnacle 10 Richest countries worldwide by means of GDP in keeping with capita in 2024:
Luxembourg is the sector’s wealthiest united states of america, with a GDP consistent with capita of $143,742 thousand, according to the IMF. This is basically because of its strategic region in central Europe and its robust financial services sector.

China’s unique administrative area, Macau, follows with a GDP according to capita of round $134,one hundred forty thousand, positioning itself to the second rank globally, thriving on its gaming and tourism sector.

notably, in evaluation, the usa, whilst being the largest economy in nominal phrases, ranks ninth in GDP per capita at around $eighty five,370 thousand, indicating a disparity between the entire monetary output and character wealth.

So, as predicted via the international economic Fund (IMF), right here are the top 10 international locations that come up as the richest in phrases of GDP per capita based on PPP, as of September 1, 2024:

Source: International Monetary Fund (IMF)