The Richest Countries in the World

GDP per capita is often considered an indicator of the standard of living of a given country, as it reflects the average wealth of each person residing in a country. It is therefore the standard method used to compare how poor or wealthy countries are in relation to each other. As we get closer to 2019, we decided to take a look at our forecasts for GDP per capita from 2019 to 2022 for the 127 countries we cover to get an idea of what countries are the wealthiest currently and how the rankings will change over the coming years.  The projections used in this study are Consensus Forecasts based on the individual forecasts of over 1000 world renowned investment banks, economic think tanks and professional economic forecasting firms.

Unlike some of our other lists such as the most miserable economies in the world and the poorest countries in the world, this is one of those lists that being near the top is definitely a good thing. Interestingly, some of the smallest countries in the world are the richest in the world. In fact, of the major economies, only the United States makes it in the top 10. Countries like China and India, which have made great economic strides in recent years, are no where near the top countries in terms of GDP per capita. Of the other largest economies in the world, Germany, Canada, France, the UK and Japan are the closest to the top 10 coming in at 15th, 18th, 19th, 20th and 23rd respectively, according to our forecasts for 2019 GDP per capita.

With that said, let’s take a look at the richest economies in the world according to Consensus Forecasts for 2019 and 2022 GDP per capita.

 

You can see the entire list below of our projections for GDP per capita for 2019 below. If you’d like to get more historical data, Consensus Forecasts, charts, graphs and written analysis from our team of economists, download a free sample report by clicking on the button below the table.

Note: GDP per capita data in USD

2019 RankCountryGDP per capita 2019 (Projected)GDP per capita 2017 (Actual)2017 RankGDP per capita 2022 (Projected)2022 Rank
1Luxembourg11971910705311383951
2Norway863627457131029072
3Switzerland83832800692933284
4Ireland81477702205967763
5Iceland78181735294893885
6Qatar65062606946750326
7United States64906597927711319
8Denmark63434573609731068
9Singapore626905749586974510
10Australia5882455697106789611
11Sweden579455295811740807
12Netherlands5641548656126604412
13Austria5460647823136321513
14Finland5232046393146155614
15Germany5164245247166066315
16Hong Kong5021646065155679017
17Belgium4909543926185715916
18Canada4860445081175491118
19France4558639890215263719
20United Kingdom4549139820225229120
21Israel4321641840194968421
22New Zealand4271141589204661122
23Japan4183438179234589423
24United Arab Emirates3896137728244244724
25Italy3606132355254134225
26Korea3349529745274014126
27Spain3315128328283945727
28Puerto Rico3270531230263866729
29Malta3213027326303939528
30Brunei3029728276293429232
31Cyprus2922426143323439631
32Kuwait2839427260313183933
33Slovenia2824723495353456930
34Taiwan2630924383333026936
35Bahrain2608324245342883538
36Czech Republic2546820493383174134
37Portugal2431221126372900137
38Estonia2404320383393058235
39Saudi Arabia2236821209362441642
40Slovakia2127817681422618440
41Greece2127418639402555641
42Lithuania2064418265412670539
43Latvia1886115572462378643
44Trinidad & Tobago1801816123452056147
45Uruguay1777217104432196444
46Oman1766817102441863551
47Chile1691415118472017048
48Hungary1685214271502117746
49Poland1678213825522131645
50Panama1657615090481936350
51Croatia1587813979511941549
52Romania1322910844561721552
53Lebanon1278911495541477053
54Costa Rica1236911626531415555
55Malaysia117719806591432654
56Russia1124010958551312557
57China104008806611360156
58Mexico103509325601235159
59Kazakhstan99758585621176360
60Bulgaria98738089631248858
61Brazil94399896581114362
62Botswana91068051641083964
63Montenegro90967683651125961
64Argentina880514605491020965
65Dominican Republic8220747566933766
66Turkey814010542571106063
67Thailand7624659169898668
68Serbia7399589773930867
69Peru7301674967859969
70Turkmenistan7121663268775372
71Colombia7089637770804370
72South Africa6908628171768474
73Macedonia6430546578803271
74Belarus6306574174742275
75Ecuador6199614372671079
76Bosnia and Herzegovina6146524279771473
77Paraguay6124558677700776
78Jordan6062561976671778
79Albania5569464583688177
80Jamaica5557519880616381
81Iran5069563575614482
82Iraq5059492081543586
83Belize4839482582498292
84Guatemala4825446784546185
85Mongolia4808364094621380
86Georgia4750428486586484
87Azerbaijan4725414987541687
88Kosovo4671390890590883
89Algeria4461410488524091
90Armenia4428386293528588
91Sri Lanka4406407189525189
92Venezuela4374-125-126
93Indonesia4193387692524290
94El Salvador4187389591466793
95Angola3838441285464894
96Bolivia3707338896411796
97Morocco3539314397397698
98Tunisia35203483953849100
99Moldova33502761100403197
100Philippines3320297898422695
101Ukraine31402678101396099
102Honduras29232774993167104
103Laos289025231023571103
104Vietnam278623551043601102
105Egypt272624721033815101
106Nigeria229719951062815106
107India228919791072987105
108Nicaragua225022211052481107
109Ghana191616541082285110
110Cote d’Ivoire191316181092404108
111Kenya183415991102073111
112Bangladesh176714911142314109
113Cambodia161813841152004113
114Zambia157315631111745115
115Myanmar153812641162073112
116Pakistan147215471121738116
117Uzbekistan129815141131908114
118Kyrgyzstan128812031171436117
119Tanzania116610371181393118
120Ethiopia1083-1241364119
121Haiti9347761201084121
122Tajikistan8897851191102120
123Yemen823-126976122
124Uganda770735121909123
125DR Congo533439122728124
126Mozambique469429123557125

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Date: September 19, 2018


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