Richest Country in the World, List of Top 10 [Current Affairs]
A country’s wealth is frequently gauged through its Gross Domestic Product (GDP), which quantifies the total value of goods and services generated within its borders. Currently, the United States claims the status of the richest nation in the world, primarily attributable to its leading position in terms of GDP.
Nonetheless, a country’s economic position can undergo significant changes due to various factors, such as modifications in economic policies, shifts in international trade dynamics and geopolitical transformations.
List of Top-10 Richest Countries in the World By September 2024
As of September 2024, Luxembourg, with the GDP per capital of $143,740, stands as the richest country in the world, followed by Macao SAR, and Ireland.
Here is the list of top-10 richest countries in the world as of September 2024:
| Top-10 Richest Countries in the World as of September 2024 | ||
| Rank | Country | GDP-PPP per capita (in USD) |
| 1. | Luxembourg | 143,740 |
| 2. | Macao SAR | 134,140 |
| 3. | Ireland | 133,900 |
| 4. | Singapore | 133,740 |
| 5. | Qatar | 112,280 |
| 6. | United Arab Emirates | 96,850 |
| 7. | Switzerland | 91,930 |
| 8. | San Marino | 86,990 |
| 9. | United States | 85,370 |
| 10. | Norway | 82,830 |
Richest Country in the World – Luxembourg
GDP per capita – $143,740
Luxembourg ranks as the richest country in the world by GDP-PPP per capita, at $143,740. Known for its robust financial sector, political stability, and high standard of living, Luxembourg has a thriving economy fueled by banking, steel, and technology industries.
Second Richest Country of the World – Macao SAR
GDP per capital – $134,140
Macao SAR is the second-richest region globally, with a GDP-PPP per capita of $134,140. Its economy is heavily driven by tourism and the gaming industry, which has made Macao one of the world’s largest gambling hubs, contributing significantly to its wealth.
World’s Third Richest Country – Ireland
GDP per capita – $133,900
Ireland ranks third among the richest countries, with a GDP-PPP per capita of $133,900. Its economy benefits from strong foreign direct investments, particularly in technology, pharmaceuticals, and finance, positioning it as a global business hub with rapid economic growth.
Source: currentaffairs by adda247
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