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4 days ago · Despite being one of the smallest countries in the European Union, Luxembourg stands out as the wealthiest nation in the world. Its remarkable economic success is reflected in the GDP per capita, which currently stands at nearly 130,000 dollars, according to the International Monetary Fund's latest data , which covers some 190 countries.
Aug 7, 2022 · Luxembourg hosts major multinationals including Skype and Amazon. Along with Luxembourg, 10 European countries appear among the 20 wealthiest. Here is the list: Luxembourg, GDP: $140,694
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Mar 8, 2022 · The coronavirus pandemic forced many businesses to close up shop, but compared to its European neighbours, the Grand Duchy weathered the pandemic much better, says the author. Luxembourg's GDP...
Jul 5, 2023 · by Morgane Croissant Jul 5, 2023. One of the richest countries in the world is a small European nation that very few people put on their bucket list: Luxembourg. Or as it is officially known: The Grand Duchy of Luxembourg. The country of much less than one million inhabitants and smaller than 1,000 square miles, is a mysterious one for many.
- Luxembourg. The monarchy of Luxembourg is the richest country in the world. On the European continent, Luxembourg is a German principality that never merged with the German Volk of the 19th century.
- Norway. Also known as the Land of the Fjords, the long thin stretch of land called Norway is the penultimate country on our list. Like Denmark and Sweden, the Nordic Nords from Norway represent the startling power of ingenuity and commerce wielded by Scandinavians in the 21st century.
- Ireland. Perhaps surprising to many of the people reading this article, Ireland ranks number three on the list of richest countries in the world by GDP per capita.
- Switzerland. Most known for its neutrality during World War II, Switzerland ranks number four on our list. Its people, situated between France, Germany, and Italy, are typically at least tri-lingual, often knowing four to five languages as the basis of an upper-class education.
If this is calculated per capita, taking purchasing power parity into account, Luxembourg is the richest country in the world. Inflation in Luxembourg in 2022 was around 6.34%. Within the EU, the average in the same year was 8.83 percent. In the United States, it was most recently 8.00%.
Despite its small landmass and small population, Luxembourg is the fifth-wealthiest country in the world when measured on a gross domestic product (PPP) per capita basis. Luxembourg has one...
