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- Luxembourg has a per capita GDP of $128,820 as of 2023, making it the wealthiest country in Europe. The country’s strong financial sector is a significant contributor to its wealth. Many international banks and investment firms are based in Luxembourg, making it a global hub for finance.
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5 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.
Mar 14, 2024 · Using the first metric, Switzerland is the richest country in the world at an average per-capita wealth of around $685,000, followed by Luxembourg and the United States.
Mar 9, 2024 · Luxembourg is considered the richest country in the world for 2023 with a GDP per capita of $126,427. Shutterstock. Luxembourg city in winter. The country that tops the list of the richest countries in the world varies from year to year and by methodology (but the top five are generally consistent).
Mar 8, 2024 · As of October 2023, Luxembourg is the richest country in the world, with a GDP per capita (PPP) of $143,303. The United States dominates the global economy with a GDP of 26.95 trillion dollars. However, when comparing GDP per capita, Luxembourg surpasses the USA, making it the richer country in terms of individual wealth.
- Mitchell Crow
Mar 5, 2024 · Luxembourg is a developed country because it has the highest per capita GDP among European Union member states. Its citizens enjoy a high standard of living, and the finance sector is a major contributor to its economy.
- Rose Barker
Feb 29, 2024 · 1. Luxembourg – $140.31 thousand. Luxembourg is a small European country with beautiful castles and culture, with a population of around 640,000 people. The GDP per capita of Luxembourg for...
Feb 29, 2024 · Europe’s seventh-smallest country covers just 2,586 km² and has a population of around 650,000. Luxembourg is known for its high standard of living, quality healthcare and education services. Luxembourg had world-leading steel and iron industries at the end of the 19th century and the beginning of the 20th century.