RANKED: The 29 richest countries in the world

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Sean Pavone / iStock

Size doesn’t always mean wealth when it comes to the world’s richest countries, according to data published in April by the International Monetary Fund.

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.

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

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Jose Ignacio Soto / Shutterstock

28. United Kingdom — $45,565

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Ian Wilson/Flickr

27. Oman — $45,723

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Shutterstock/lkpro

26. Finland — $46,342

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

25. Belgium — $48,258

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Mapics/Shutterstock

24. Canada — $49,775

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Jeff Vinnick/Getty Image

23. Bahrain — $50,102

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trabantos/Shutterstock

22. Denmark — $51,643

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

21. Austria — $51,936

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minnystock/Dreamstime.com

20. Australia — $52,190

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kitsada wetchasart/Shutterstock

19. Taiwan — $52,304

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Sean Pavone / iStock

18. Germany — $52,801

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Getty Images

17. Sweden — $53,077

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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.
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Nils Petter Nilsson/Ombrello/Getty Images

16. Iceland — $54,121

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Wow Air

15. Saudi Arabia — $55,859

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Shutterstock.com

14. Netherlands — $56,435

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JeniFoto/Shutterstock

13. San Marino — $61,169

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Guaita, the First Tower of San Marino
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Shutterstock / Leonid Andronov

12. United States of America — $62,152

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Flickr / Zach Dischner

11. Switzerland — $63,379

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Getty Images

10. Hong Kong — $64,533

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

9. Kuwait — $66,673

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meSohrab/Flickr

8. United Arab Emirates — $68,662

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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
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Lara Sukhtian

7. Norway — $74,065

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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.
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Reuters

6. Brunei — $79,726

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Sultan Omar Ali Saifuddien Mosque, Brunei.
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Flickr/bvi4092

5. Ireland — $79,924

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Stefano_Valeri/Shutterstock

4. Singapore — $98,014

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Singapore’s port.
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Wikimedia Commons

3. Luxembourg — $110,870

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Will Martin/Business Insider

2. Macau — $122,489

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Unsplash/Healthycliff Syndor

1. Qatar — $128,702