Which is the richest country in the world 2023?

Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Luxembourg, one of the smallest countries in the EU has a population of 634,000 and is the richest country in this ranking with a per capita GDP of nearly $130,000.

What is the world's richest country in 2023?

According to current data, Luxembourg holds the top spot as the 'richest country in the world' with a 2023 GDP per capita (PPP) of about 148,700 US dollars. Singapore is in second place, clearly outpacing many competitors thanks to its strong financial sector and friendly business environment.

Who is Asia's no. 1 richest man?

But have you ever thought about who tops the list of richest people in Asia? Well, there is no surprise that Mukesh Ambani is #1 among Asian billionaires. Continue reading to take a look at the top 10 wealthiest and powerful Asians in 2026.

Which country will be the richest in 2050?

By 2050, China is projected to be the world's largest economy by total GDP, followed by the United States and India, with major shifts as emerging markets like Indonesia, Brazil, and Mexico rise significantly, though Singapore and Luxembourg may lead in GDP per capita (average wealth per person).

Who is richer, China or India?

The largest economy in Asia is China, with a nominal GDP of over $18,270 billion in 2025. Japan and India rank next to China in Asia"s GDP rankings. 4. What are the top 10 richest countries in the world?

Richest Countries 2023

Why is Singapore so rich?

In addition, throughout its history, Singapore has benefited from the large inward flows of FDI from global investors, financial institutions and multinational corporations (MNCs) due to its highly attractive investment climate along with a stable and conducive political environment throughout its modern years.

Who has 400 billion dollars?

As of late 2024 and into 2025, Elon Musk was the first person to reach a net worth exceeding $400 billion, primarily from his stakes in Tesla, SpaceX, and xAI, with Larry Ellison briefly surpassing him in September 2025 due to Oracle's stock surge, though Musk generally remains the wealthiest individual.

Which rank is Ambani in the world?

His father, Mukesh Ambani's net worth is approximately $123.3 billion as of July 2024, Ambani is an Indian businessman and the chairman and managing director of Reliance Industries. He is the richest person in Asia and the 11th richest in the world .

Is China or the USA richer?

The United States is richer by total economic output (GDP) and significantly richer per person (GDP per capita), though China's economy is the world's second-largest and growing faster, making it a significant economic powerhouse. The U.S. leads in overall GDP and wealth per person, while China's large population means lower per capita wealth despite its massive total output, with projections suggesting a slower convergence than previously thought due to U.S. strength and Chinese challenges like debt and demographics. 

Who owns 90% of the wealth?

The pyramid shows that: half of the world's net wealth belongs to the top 1%, top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth, top 30% of adults hold 97% of the total wealth.

Is India a poor country?

Although India is expected to meet the United Nations' Sustainable Development Goals on extreme poverty in due time, a very large share of its population lives on less than $3.2 a day, putting India's economy safely into the category of lower middle income economies.

Which Arab country is poor?

Sudan. Sudan stands at a tragic crossroads, a nation rich in history and potential but torn apart by war and economic collapse. Although geographically part of Africa, Sudan is a key member of the Arab League and frequently listed among the poorest Arab countries in the world.

How many countries are in the world?

Countries in the World:

There are 195 countries in the world today. This total comprises 193 countries that are member states of the United Nations and 2 countries that are non-member observer states: the Holy See and the State of Palestine.

Is life better in India or China?

China's life expectancy is 9 years longer than India's. Life expectancy at birth in India increased from 42 years in 1960 to 65 years in 2009, while life expectancy in China increased from 47 years in 1960 to 74 years in 2009.

Why is Switzerland so rich?

Switzerland's favorable tax system has enabled it to attract companies and high-net-worth individuals over a long period, massively increasing wealth in the country and creating one of the world's biggest financial centers.

Why is China so successful?

China has sustained growth due to export relations, its manufacturing sector, and low-wage workers. It was the only major world economy to experience GDP expansion in 2020, with a growth rate of 2.3%. However, the country posted one of its worst economic performances in decades in 2022 due to the COVID-19 pandemic.

Who will be the next world power?

The People's Republic of China has received the most consistent coverage in the popular press of its potential superpower status, and has been identified as a rising or emerging economic and military superpower by academics and other experts.

Who are the biggest powers in the world?

China, France, Russia, the United Kingdom, and the United States are often referred to as great powers by academics due to "their political and economic dominance of the global arena". These five nations are the only states to have permanent seats with veto power on the UN Security Council.