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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.
Norway is projected to have a GDP of 92,100 USD in 2022. 1. Luxembourg. Luxembourg City sunset top view in Luxembourg, the richest country in the world (on a per-capita basis). The monarchy of Luxembourg is the richest country in the world.
One of the more interesting facts about Luxembourg is that it was passed back and forth between various European powers – from France to the Spanish to the Austrians and back to the French. Over the centuries, three partitions of Luxembourg have reduced the territory from 10,700 km2 (4,100 sq mi) to the present-day area of 2,586 km2 (998 sq mi).
Luxembourg: $146,260 of GDP per capita. The Grand Duchy of Luxembourg is the world’s richest country. It is a small EU state that occupies only 2,586 square kilometres of land despite its grand name. Luxembourg is dominated by business service providers, including financial institutions, holdings, funds, and trusts.
When taking this into consideration, smaller countries like Luxembourg, Singapore (2 nd) and Ireland (3 rd) took the lead. In international dollars, the grand duchy topped the chart with an average wealth per capita of $140,694, while in Burundi, the country with the lowest ranking (192 nd), there was a GPD-PPP rate of $856.
This tiny European country is one of the richest in the world. 2. Luxembourg – $97,662 GDP (PPP) per capita. Luxembourg’s wealth comes from a diversified range of industries such as banking, steel, telecommunications and tourism. With a GDP per capita of over $97,000 USD, Luxembourg claims the title of the second-richest nation in the world.
