According to Ranking Royals and based on IMF data, The richest country with the highest GDP per capita in 2023 is Luxembourg. This European nation, with a population of roughly 600 thousand, has a per capita GDP of approximately $127 thousand.
Luxembourg is the the world’s richest country. Luxembourg’s wealth comes from many different industries, such as banking, steel, telecommunications, and tourism.
Even though only about 600,000 people are living here, GDP per capita is about $127,000 here,
it is impressive that there are over 9,000 holding companies and the European Investment Bank. Businesses have been moving to Luxembourg for years to pay low taxes and pass the savings on to their customers.
Ireland and Switzerland are also in the top three, GDP of these countries is $102,217 and $92,646 respectively.
Georgia ranks 96th in the ranking with GDP of $6770 and is ahead of only Armenia in the region.
Russia ranks 66th in the ranking, its GDP is $14,665;
Turkey is the 82nd (GDP - $9961);
Azerbaijan - 93rd (GDP - $6842);
Armenia - at 104th (GDP - $5972).
As per Ranking Royals, the world’s GDP per capita has gradually increased over time, and the global quality of living has improved dramatically. The International Monetary Fund has measured the GDP of every nation on earth.
Country / GDP per capita in USD
Luxembourg - 127,673;
Ireland - 102,217;
Norway - 92,646;
Switzerland - 92,434;
Qatar - 82,887;
Singapore - 79,426;
United States - 75,180;
Iceland - 73,981;
Australia - 66,408;
Denmark - 65,713;
Canada - 56,794;
Sweden - 56,361;
Netherlands - 56,298;
Israel - 55,359;
Austria - 52,062;
Finland - 50,818;
Belgium - 50,598;
Hong Kong – 49,700;
Germany - 48,398;
United Arab Emirates - 47,793.
