Top 25 Richest Countries in the World

 

As more wealth is created in the world, more of it is concentrated among the richest people in the richest countries. The combined gross domestic product of countries for which there is data adds up to $116.7 trillion. Nearly $93 trillion of that wealth is concentrated among just 25 countries.

GDP may be the standard method for gauging the size of a particular country or region’s economy, but it does not account for all of the wealth generated by that nation. A more accurate indicator of a country’s economic output is its gross national income or GNI. This measure captures all economic activity within a nation’s borders in addition to the wealth created by nationally-owned entities operating in other countries. 

The wealthiest 25 countries in the world tend to have complex and diverse economies. Many of these countries export goods and services from a variety of industries such as pharmaceuticals, biotechnology, and aerospace.

These 25 countries are:-


1. Qatar

• GNI per capita: $116,799

• 2017 GDP: $308.6 billion (51st out of 196 countries)

• Population: 2.6 million

• Life expectancy at birth: 78.3 years 

2. Macao SAR, China

• GNI per capita: $95,304

• 2017 GDP: $65.3 billion (98th out of 196 countries)

• Population: 0.6 million

• Life expectancy at birth: 84.0 years


3. Singapore

• GNI per capita: $82,503

• 2017 GDP: $480.0 billion (39th out of 196 countries)

• Population: 5.6 million

• Life expectancy at birth: 82.9 years


4. Brunei

• GNI per capita: $76,427

• 2017 GDP: $30.8 billion (125th out of 196 countries)

• Population: 428,697

• Life expectancy at birth: 77.4 years


5. Kuwait

• GNI per capita: $72,872

• 2017 GDP: $271.1 billion (57th out of 196 countries)

• Population: 4.1 million

• Life expectancy at birth: 74.8 years

6. Bermuda

• GNI per capita: $68,113

• 2017 GDP: $3.3 billion (169th out of 196 countries)

• Population: 65,441 

• Life expectancy at birth: 81.4 years

7. The United Arab Emirates

• GNI per capita: $67,758

• 2017 GDP: $632.6 billion (31st out of 196 countries)

• Population: 9.4 million

• Life expectancy at birth: 77.4 years

8. Norway

• GNI per capita: $67,529

• 2017 GDP: $342.8 billion (48th out of 196 countries)

• Population: 5.3 million

• Life expectancy at birth: 82.5 years

9. Luxembourg

• GNI per capita: $65,101

• 2017 GDP: $55.5 billion (104th out of 196 countries)

• Population: 596,336

• Life expectancy at birth: 82.7 years 

10. Hong Kong

• GNI per capita: $58,420

• 2017 GDP: $414.3 billion (43rd out of 196 countries)

• Population: 7.4 million

• Life expectancy at birth: 84.7 years

11. Switzerland

• GNI per capita: $58,138

• 2017 GDP: $490.2 billion (37th out of 196 countries)

• Population: 8.5 million

• Life expectancy at birth: 83.6 years

12. United States

• GNI per capita: $55,351

• 2017 GDP: $17.7 trillion (2nd out of 196 countries)

• Population: 325.1 million

• Life expectancy at birth: 78.5 years


13. Ireland

• GNI per capita: $52,755

• 2017 GDP: $320.2 billion (50th out of 196 countries)

• Population: 4.8 million

• Life expectancy at birth: 82.0 years

14. Saudi Arabia

• GNI per capita: $49,626

• 2017 GDP: $1.6 trillion (16th out of 196 countries)

• Population: 32.9 million

• Life expectancy at birth: 74.7 years

15. The Netherlands

• GNI per capita: $48,994

• 2017 GDP: $835.8 billion (27th out of 196 countries)

• Population: 17.1 million

• Life expectancy at birth: 81.6 years

16. Denmark

• GNI per capita: $48,260

• 2017 GDP: $272.5 billion (55th out of 196 countries)

• Population: 5.8 million

• Life expectancy at birth: 81.0 years 

17. Sweden

• GNI per capita: $47,346

• 2017 GDP: $469.5 billion (40th out of 196 countries)

• Population: 10.1 million

• Life expectancy at birth: 82.3 years

18. Germany

• GNI per capita: $46,422

• 2017 GDP: $3.8 trillion (5th out of 196 countries)

• Population: 82.7 million

• Life expectancy at birth: 81.0 years

19. Austria

• GNI per capita: $45,375

• 2017 GDP: $400.2 billion (45th out of 196 countries)

• Population: 8.8 million

• Life expectancy at birth: 81.6 years

20. Canada

• GNI per capita: $43,559

• 2017 GDP: $1.6 trillion (15th out of 196 countries)

• Population: 36.7 million

• Life expectancy at birth: 82.5 years

21. Australia

• GNI per capita: $43,555

• 2017 GDP: $1.1 trillion (20th out of 196 countries)

• Population: 24.6 million

• Life expectancy at birth: 82.5 years 

22. Belgium

• GNI per capita: $43,260

• 2017 GDP: $486.5 billion (38th out of 196 countries)

• Population: 11.4 million

• Life expectancy at birth: 81.4 years

23. Bahrain

• GNI per capita: $41,557

• 2017 GDP: $64.7 billion (100th out of 196 countries)

• Population: 1.5 million

• Life expectancy at birth: 77.0 years

24. Finland

• GNI per capita: $41,509

• 2017 GDP: $225.9 billion (61st out of 196 countries)

• Population: 5.5 million

• Life expectancy at birth: 81.4 years


25. France

• GNI per capita: $39,784

• 2017 GDP: $2.6 trillion (10th out of 196 countries)

• Population: 67.1 million

• Life expectancy at birth: 82.5 years

Written by - Gunika Manchanda

Edited by - Maryam Salim