Here is the list of the top 10 richest countries in the world with GDP per capita, PPP (Purchasing Power Parity), as of July 2023.

Check out the link to understand more about PPP: https://theniconomics.com/purchasing-power-parity-ppp-meaning-real-world-examples-significance-and-limitations-in-analysis/

1. Ireland

  • Location: Ireland is an island nation located in Northwestern Europe. It comprises the Republic of Ireland (an independent country) and Northern Ireland (a part of the United Kingdom).

Republic of Ireland

  • GDP: 145196 USD
  • Capital: Dublin
  • Major Source of GDP: The Republic of Ireland’s economy relies on sectors such as technology, pharmaceuticals, agriculture, manufacturing, and financial services.
  • Importing: Ireland imports various goods, including machinery, equipment, chemicals, and petroleum.
  • Exporting: Exports from Ireland include pharmaceuticals, machinery, computer services, and agricultural products.
  • Language: English and Irish (Gaelic) are the official languages, with English being the most widely spoken.
  • Population: As of September 2021, the population of the Republic of Ireland was approximately 4.9 million. Please note that population figures may have changed since then.
  • Currency: Euro (EUR) is the official currency.

Northern Ireland ( Part of the United Kingdom)

  • GDP: 25,399 British pounds
  • Capital: Belfast
  • Major Source of GDP: Northern Ireland’s economy includes sectors such as manufacturing, services, and healthcare.
  • Importing: Imports to Northern Ireland consist of machinery, chemicals, and manufactured goods.
  • Exporting: Exports from Northern Ireland include machinery, food products, and chemicals.
  • Language: English is the predominant language spoken.
  • Population: As of September 2021, the population of Northern Ireland was approximately 1.9 million. Please note that population figures may have changed since then.
  • Currency: Pound Sterling (GBP) is the official currency.

Ireland, with its rich history, stunning landscapes, and thriving economy, is known for its vibrant culture, welcoming people, and contributions to technology and pharmaceutical industries, making it a prominent European nation.

2. Luxembourg

  • GDP: 142,490
  • Location: Luxembourg is a landlocked country in Western Europe, bordered by Belgium to the west and north, Germany to the east, and France to the south.
  • Capital: Luxembourg City
  • Major Source of GDP: Luxembourg has a highly developed and diverse economy. Key sectors include banking and finance, steel production, information technology, and logistics.
  • Importing: Luxembourg imports a variety of goods, including minerals, machinery, and equipment, chemicals, and agricultural products.
  • Exporting: Exports from Luxembourg consist of machinery and equipment, steel, chemicals, and financial services.
  • Language: Luxembourgish, French, and German are the official languages. Luxembourgish is the national language, while French and German are often used in administrative and official contexts.
  • Population: As of September 2021, Luxembourg had a population of approximately 634,000. Please note that population figures may have changed since then.
  • Currency: Euro (EUR) is the official currency of Luxembourg.

Luxembourg is known for its strong financial sector, picturesque landscapes, and rich cultural heritage. It is one of the founding members of the European Union and is considered one of the world’s wealthiest nations with a high standard of living.

3. Singapore

  • GDP: 133,895 USD
  • Location: Singapore is a sovereign city-state and island country located in Southeast Asia. It is situated at the southern tip of the Malay Peninsula.
  • Capital: Singapore City
  • Major Source of GDP: Singapore has a highly developed and diverse economy with major contributions from sectors such as financial services, trade, manufacturing, and technology.
  • Importing: Singapore imports a wide range of goods, including machinery and equipment, mineral fuels, chemicals, and food products.
  • Exporting: Exports from Singapore include machinery and equipment, electronics, pharmaceuticals, and petrochemical products.
  • Language: Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the most widely spoken and used in government, education, and business.
  • Population: As of September 2021, Singapore had a population of approximately 5.7 million. Please note that population figures may have changed since then.
  • Currency: The Singapore Dollar (SGD) is the official currency.

Singapore is known for its efficient infrastructure, clean and green environment, multicultural society, and its status as a major global financial and business hub. It is also renowned for its strict laws and regulations, which contribute to its reputation as one of the world’s safest and most orderly cities.

4. Qatar

  • GDP: 124,833 USD
  • Location: Qatar is a sovereign country located in Western Asia, on the northeastern coast of the Arabian Peninsula. It is bordered by Saudi Arabia to the south and is situated in the Persian Gulf.
  • Capital: Doha
  • Major Source of GDP: Qatar’s economy is heavily reliant on the petroleum and natural gas industry, which accounts for a significant portion of its GDP.
  • Importing: Qatar imports a wide range of goods, including machinery, transport equipment, and chemicals.
  • Exporting: Exports from Qatar primarily consist of petroleum, natural gas, and petrochemical products.
  • Language: Arabic is the official language of Qatar.
  • Population: As of September 2021, Qatar had a population of approximately 2.9 million. Please note that population figures may have changed since then.
  • Currency: Qatari Riyal (QAR) is the official currency.

Qatar is known for its vast oil and gas reserves, which have made it one of the wealthiest nations in the world per capita. It has experienced significant economic growth and modernization in recent decades, leading to the development of a world-class infrastructure, education system, and healthcare services. Qatar is also known for its cultural heritage and has been a prominent center for trade and commerce in the Gulf region.

5. Macao Sar

  • GDP: 89,565 USD
  • Location: Macao is located on the southern coast of China, near the Pearl River Delta. It is situated about 40 miles (64 kilometers) west of Hong Kong.
  • Status: Macao SAR is one of the two Special Administrative Regions of China, the other being Hong Kong. It has a high degree of autonomy in most matters except foreign affairs and defense, which are the responsibility of the central Chinese government.
  • Major Source of GDP: Macao’s economy heavily relies on tourism, gaming, and entertainment. It’s known for its vibrant casino industry, making it one of the world’s gambling capitals.
  • Importing: Macao imports various goods, including food products, machinery, textiles, and consumer goods.
  • Exporting: Exports from Macao are relatively limited and mainly consist of textiles and clothing products.
  • Languages: The official languages of Macao are Chinese (Cantonese) and Portuguese. Cantonese is the most widely spoken language.
  • Population: As of September 2021, Macao SAR had a population of approximately 682,000. Please note that population figures may have changed since then.
  • Currency: The currency used in Macao is the Macanese Pataca (MOP).

Macao SAR is known for its unique blend of Chinese and Portuguese cultures, which is reflected in its architecture, cuisine, and traditions. It’s a popular tourist destination and a major hub for gaming and entertainment in the Asia-Pacific region.

6. United Arab Emirates (UAE)

  • GDP: 88,221 USD
  • Location: The United Arab Emirates is a country located in the southeastern part of the Arabian Peninsula. It is situated on the eastern side of the Arabian Gulf (Persian Gulf).
  • Capital: Abu Dhabi
  • Major Source of GDP: The UAE’s economy is driven by various sectors, including petroleum and natural gas, tourism, real estate, and financial services.
  • Importing: The UAE imports a wide range of goods, including machinery, transport equipment, and chemicals.
  • Exporting: Exports from the UAE include petroleum, natural gas, petrochemicals, and various re-exported goods.
  • Language: Arabic is the official language of the UAE, but English is widely used in business and education.
  • Population: As of September 2021, the UAE had a population of approximately 9.3 million. Please note that population figures may have changed since then.
  • Currency: UAE Dirham (AED) is the official currency.

The United Arab Emirates is known for its modern cities, including Dubai and Abu Dhabi, which are centers of commerce, finance, and tourism. It has experienced rapid economic growth and development over the decades, attracting expatriates from around the world. The UAE is also famous for its iconic skyscrapers, luxurious resorts, and diverse cultural scene.

7. Switzerland

  • GDP: 87,963 USD
  • Location: Switzerland is a landlocked country in Central Europe, bordered by Germany to the north, France to the west, Italy to the south, and Austria and Liechtenstein to the east.
  • Capital: Bern
  • Major Source of GDP: Switzerland has a highly developed and diversified economy, with major contributions from sectors such as finance, pharmaceuticals, machinery, and chemicals.
  • Importing: Switzerland imports various goods, including machinery and equipment, chemicals, vehicles, and food products.
  • Exporting: Exports from Switzerland include pharmaceutical products, machinery and equipment, watches, and financial services.
  • Languages: Switzerland has four official languages: German, French, Italian, and Romansh. The language spoken varies by region.
  • Population: As of September 2021, Switzerland had a population of approximately 8.6 million. Please note that population figures may have changed since then.
  • Currency: Swiss Franc (CHF) is the official currency of Switzerland.

Switzerland is known for its stunning alpine landscapes, pristine lakes, and a high standard of living. It is also famous for its neutrality in international conflicts, its banking sector, and its contributions to science and innovation. Swiss cities like Zurich and Geneva are global financial hubs, and the country is renowned for its chocolates, watches, and precision engineering.

8. Norway

  • GDP: 82,655 USD
  • Location: Norway is a Nordic country located in Northern Europe, occupying the western part of the Scandinavian Peninsula. It also includes several islands and a coastline along the North Atlantic Ocean.
  • Capital: Oslo
  • Major Source of GDP: Norway’s economy is heavily reliant on the petroleum and natural gas sector, which contributes significantly to its GDP. Other important sectors include shipping, fishing, and technology.
  • Importing: Norway imports various goods, including machinery and equipment, chemicals, and vehicles.
  • Exporting: Exports from Norway primarily consist of petroleum, natural gas, seafood, and shipping services.
  • Language: Norwegian is the official language of Norway.
  • Population: As of September 2021, Norway had a population of approximately 5.4 million. Please note that population figures may have changed since then.
  • Currency: Norwegian Krone (NOK) is the official currency.

Norway is known for its stunning natural landscapes, including fjords, mountains, and the Northern Lights. It has a strong welfare system, high living standards, and a commitment to environmental sustainability. Norway is also recognized for its contributions to maritime and offshore industries and its role as a global leader in renewable energy, particularly in hydroelectric and wind power.

9. United States of America

  • GDP: 80,035 USD
  • Continent: North America
  • Major Source of GDP: The United States has a diverse and robust economy with major contributions from various sectors, including services, manufacturing, finance, healthcare, and technology.
  • Importing: The USA imports a wide range of goods, including machinery, vehicles, electronics, pharmaceuticals, and consumer goods.
  • Exporting: Exports from the USA include machinery and equipment, chemicals, aircraft, agricultural products, and technology-related goods.
  • Language: English is the predominant language spoken in the United States.
  • Population: As of September 2021, the population of the United States was approximately 331 million. Please note that population figures may have changed since then.
  • Currency: The currency used in the United States is the United States Dollar (USD).

The United States is one of the world’s largest economies and plays a significant role in global trade, technology innovation, and culture. It is known for its diverse population, democratic system of government, and wide range of industries that contribute to its economic strength.

10. San Marino

  • GDP: 78,932 USD
  • Continent: Europe
  • Major Source of GDP: San Marino’s economy relies on a combination of sectors, including banking and finance, tourism, and manufacturing.
  • Importing: San Marino imports various goods, including food products, machinery, and consumer goods.
  • Exporting: Exports from San Marino consist of items such as clothing, ceramics, and banking and financial services.
  • Language: Italian is the official language of San Marino.
  • Population: As of September 2021, San Marino had a population of approximately 34,000. Please note that population figures may have changed since then.
  • Currency: San Marino uses the Euro (EUR) as its official currency.

San Marino is a small, landlocked microstate located in Italy. It is known for its picturesque landscapes, historic architecture, and status as one of the world’s oldest republics, with a history dating back to A.D. 301. San Marino is a sovereign state with its own government and is known for its commitment to neutrality and independence.

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