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- 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.
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6 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
Mar 8, 2022 · Wealthy nations list. Luxembourg the richest country in the world, according to Global Finance. RTL | Update: 03.08.2022 14:56. © Cedric Letsch / Unsplash. Singapore, Ireland, Qatar, Macao...
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.
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.
GDP per capita – current prices. USD 131,301.60 (2021 estimate) IMF – World Economic Outlook, October 2021. GDP per capita – PPP. USD 126,568.69 (2021 estimate) IMF – World Economic Outlook, October 2021. GDP (PPP) – share of world total. 0.06% (2021 estimate) GDP – composition by sector.
Luxembourg is therefore currently ranked 72 of the major economies. 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.