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- With a population of 642,371, Luxembourg is the only Grand Duchy in the world. Its GDP per capita of $140,694 makes it the world’s richest.
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3 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 · With a population of 642,371, Luxembourg is the only Grand Duchy in the world. Its GDP per capita of $140,694 makes it the world’s richest.
Dec 21, 2022 · Luxembourg, the only Grand Duchy in the world, is a landlocked country in northwestern Europe surrounded by Belgium, France, and Germany. 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.
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.
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.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Luxembourg economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Luxembourg best banks and safest banks are also available.
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...
