Top 10 Richest Countries In The World As Of 2024
Let’s look the top 10 richest countries in the world (largest economies) as of 2024. These nations have a lot of money because they’re good at doing business and making valuable stuff. We’ll look at how much money they have and how much each person contributes. From tiny powerhouses to big economic superheroes, each country has unique strengths that make it super rich. Join us as we discover what makes these places so economically mighty.
List of Top 10 Richest Countries (largest economies) As of 2024
Rank | Country | GDP-PPP (Int. Dollars) | GDP-PPP per Capita |
1 | Ireland | 476,219 | $145,196 |
2 | Luxembourg | 270,720 | $142,490 |
3 | Singapore | 449,501 | $133,895 |
4 | Qatar | 292,309 | $124,848 |
5 | Switzerland | 795,109 | $110,065 |
6 | Netherlands | 999,600 | $105,954 |
7 | Hong Kong | 505,356 | $72,501 |
8 | United States | 26,095,556 | $76,660 |
9 | Norway | 561,290 | $104,605 |
10 | Germany | 4,202,999 | $50,629 |
1. Ireland
The Ireland is the richest country Under the list of Top 10 Richest Countries In The World, With a GDP-PPP (total value of all goods and services) of $476,219 million. Each person, on average, has $145,196 in economic output. Ireland is a small but smart country. People there are well-educated. They have a strong tech industry and take good care of their people with social safety programs. Many big companies from around the world prefer to set up in Ireland because of its low business taxes. It helps Ireland’s economy to do well.
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2. Luxembourg
The Luxembourg is a small but strong country, squeezed between Belgium, France, and Germany. It has a GDP-PPP (the total value of goods and services) of $270,720 million, and each person makes around $142,490 in economic output. This tiny nation’s power comes from the finance, steel, and rubber industries. It’s also a big hub for international groups, which helps its economy even more.
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3. Singapore
The Singapore is a tiny island that’s a big deal in trade and money matters worldwide. Its total economic value, GDP-PPP, is a whopping $449,501 million. On average, each person contributes about $133,895 to this. Why is Singapore so special? Well. It’s in a good spot, has smart and skilled workers, and a government that keeps things steady. Foreign investors and business folks like that make Singapore a hot spot for them. Plus, Singapore is super into new ideas and technology, always trying new things in different areas.
4. Qatar
With lots of oil and gas, Qatar has a total economic value (GDP-PPP) of $292,309 million. Each person contributes about $124,848 to this. Qatar is smart with its money, spending it on roads, schools, and hospitals. It makes life really good for the people who live there. Qatar isn’t just about oil and gas; they’re also getting into tourism, tech, and other businesses to make their economy more varied.
5. Switzerland
The Switzerland is famous for its banks, precise machines, and beautiful views. The total value of all its goods and services, GDP-PPP, is $795,109 million. On average, each person contributes about $110,065 to this. Switzerland is great for businesses and investors because it’s politically stable, has a strong money system, and smart workers. People in Switzerland enjoy a good life with great healthcare, schools, and roads.
6. Netherlands
The Netherlands might be small, but it’s a big deal economically, with a total value of goods and services (GDP-PPP) reaching $999,600 million. Each person contributes around $105,954 to this. This little country is great at selling things like farm products, chemicals, and machines to other places. The port in Rotterdam is super busy, and their transport and moving stuff around the sector boosts the economy.
7. Hong Kong
Once a British colony, Hong Kong is now a big deal for money matters and global trade. Its total economic value, GDP-PPP, is a massive $505,356 million. On average, each person contributes about $72,501 to this. Hong Kong’s strength lies in services, especially finance, tourism, and professional work. Many big companies from around the world have set up shop in this city.
8. United States
The United States is the biggest economy globally when we look at the actual money made, called nominal GDP. Its total value, known as GDP-PPP, is a whopping $26,095,556 million for all the goods and services. On average, each person contributes about $76,660 to this. America’s strength is in many areas like making things, technology, healthcare, and money matters. It’s also super into creating new stuff and researching different fields.
9. Norway
The Norway, a country in Scandinavia, has lots of valuable stuff in the ground, like oil and gas. Its total economic value, GDP-PPP, is a big $561,290 million. Each person contributes around $104,605 to this. Norway is smart with its money, ensuring its people have good support and a great life. They’re also leading the way in using clean energy and protecting the environment.
10. Germany
The Germany is like the economic superhero of Europe. The total value of all its goods and services, GDP-PPP, is $4,202,999 million. On average, each person contributes about $50,629 to this. Germany’s power comes from making things, especially cars and machines. They’re also good at selling chemicals, medicines, and other stuff to other countries. What makes Germany stand out is its top-notch engineering skills and commitment to making high-quality and precise things.