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May 26, 2024 · 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.
Join us on a journey to uncover the fascinating story of Luxembourg's remarkable wealth. From its strategic location at the heart of Europe to its innovative...
- 7 min
- LUXURY-WORLD
Oct 23, 2022 · With a GDP per capita of over $140,000, which is over $50,000 more than the next runner-up, Luxembourg is the richest country in the world, but you’re probably wondering why. Landlocked and enveloped by dense Ardennes forest, Luxembourg is an unlikely contender when it comes to extreme wealth.
Jul 5, 2023 · Is Luxembourg the richest country in the world? According to a report by Global Finance Magazine , Luxembourg ranks as the second-richest in the world behind Ireland in 2023 with a GDP-PPP per capita of $142,490.
- Luxembourg🇱🇺 Current International Dollars: 137,638 | Click To View GDP & Economic Data. You can visit Luxembourg for its castles and beautiful countryside, its cultural festivals or gastronomic specialties.
- Ireland🇮🇪 Current International Dollars: 143,304 | Click To View GDP & Economic Data. A nation of just 5 million inhabitants, the Republic of Ireland was one of the hardest hit by the 2008 financial crisis.
- Singapore🇸🇬 Current International Dollars: 133,108 | Click To View GDP & Economic Data. The richest person living in Singapore is the founder of the medical equipment firm Mindray, Li Xiting, whose net worth is estimated at $15.6 billion.
- Qatar🇶🇦 Current International Dollars: 114,210 | Click To View GDP & Economic Data. Despite the recent recovery, oil prices have on average declined since the mid-2010s.
According to GlobalData, Luxembourg is the third richest country in the world with $127,943.5 nominal GDP per capita in 2021, which increased from $48,436 in 2000. Despite the COVID-19 disruption to the economy, according to Eurostat, Luxembourg’s government debt as percentage of GDP stood at 24.9% in 2021, which was second lowest in the EU.
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Feb 4, 2024 · Luxembourg is the richest EU country — thanks to cross-border workers. The latest Eurostat calculations place Luxembourg at the top of European countries in terms of GDP per capita, because of...
