50 Richest Countries In The World

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The wealthiest 50 countries in the world have complex and diverse economies. They export goods and services that originate in a variety of industries such as pharmaceuticals, biotechnology, and aerospace. Another common characteristic among the richest countries is the relative lack of corruption.

According to corruption watchdog Transparency International, the least corrupt countries feature a free press, open access to public information, and judicial systems free from undue influence. Another common characteristic of the wealthiest nations is all of the 50 richest countries have life expectancies at birth above the world average of 72 years.

Top 20 Richest Countries In Africa By GDP Per Capita

The key indicator to determine how rich a country is and compare it with the others is the GDP per capita (a total value of goods and services produced by a nation during a year divided by its total population). It shows how rich each citizen is, on average, but unfortunately does not take into account differences in the cost of living in various parts of the world.

For the most accurate measurement, economists use GDP based on Purchasing Power Parity, the so-called GDP (PPP) per capita. It calculates the total value of goods and services produced in each country as if they were sold at US prices. So we can compare nations with different standards of living by measuring their GDP (PPP) per capita in international dollars (equivalent to US dollar), and find out who is the richest of them.

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See The Top 50 Richest Countries In The World Below;

Rank Country GDP(PPP) per capita 2018 (Intl $) Average Life Expectancy (years)
1 Liechtenstein 139,100 82.66
2 Qatar 128,703 78.41
3 Monaco 115,700 89.4
4 Luxembourg 110,870 82.4
5 Singapore 98,014 83.3
6 Ireland 79,925 81.71
7 Brunei 79,726 77.49
8 Norway 74,065 82.39
9 United Arab Emirates 68,662 77.49
10 Kuwait 66,673 74.87
11 Switzerland 63,380 83.56
12 United States 62,152 79.62
13 San Marino 61,169 83.48
14 Netherlands 56,436 82.06
15 Saudi Arabia 55,859 74.8
16 Iceland 54,121 82.99
17 Sweden 53,078 82.7
18 Germany 52,801 81.27
19 Taiwan 52,305 80.26
20 Australia 52,191 83.15
21 Austria 51,936 81.86
22 Denmark 51,643 80.91
23 Bahrain 50,103 77.11
24 Andorra 49,900 82.91
25 Canada 49,775 82.76
26 Belgium 48,258 81.39
27 Finland 46,343 81.57
28 Oman 45,723 77.37
29 United Kingdom 45,566 81.77
30 France 45,474 82.8
31 Malta 44,670 81.09
32 Japan 44,426 83.98
33 South Korea 41,388 82.44
34 Spain 40,290 83.36
35 New Zealand 40,118 82.98
36 Italy 39,500 83.26
37 Cyprus 38,980 80.74
38 Israel 37,673 82.74
39 Czechia 37,546 78.93
40 Slovenia 36,566 81.15
41 Slovakia 35,095 77.26
42 Lithuania 34,596 74.77
43 Estonia 33,842 77.69
44 Equatorial Guinea 32,855 59.48
45 Bahamas 32,283 75.89
46 Trinidad and Tobago 32,011 70.82
47 Portugal 31,965 81.52
48 Poland 31,430 77.82
49 Hungary 31,370 76.08
50 Malaysia 30,858 75.52

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