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Top Richest Country in the World 2023

Which countries are the top 10 richest countries in the world 2023. Check out the full list.

We all heard this old saying that money can’t buy happiness. But, the fact is having possession of a good amount of money can indeed give you a sense of happiness.  The reason behind this fact is that having less money can result in numerous negative feelings. Everything in the world costs money that’s why a lot of us want to live in a country that is rich and gives more earning opportunities.

If we talk about rich countries we have to take several parameters into consideration. You should note that just having a big economy doesn’t make a country rich. For example, India has an economy with a GDP of 3 trillion. However, the country is still full of poor people. The reason for this is its mammoth population.

The best and the most recognized method to measure a country’s richness is looking at its GDP Per Capita, or Gross Domestic Product per capita. This figure gives us an idea about how much money a country’s government has to spend on a single citizen. In this post, we will discuss the top richest country in the world 2023 based on GDP Per Capita

Top 10 Richest Country in the world 2023

Let’s take a look at the world richest country 2023 by their GDP per capita. In this list, you  will find many small countries. This is so because tiny countries have small populations. So, each person gets a fair share of the countries GDP. So, the standard of living is always high in these countries.

Check here world richest country 2023:

  1. Luxembourg – US $ 131,782 GDP per capita

Luxembourg is a tiny country located at the heart of Europe. The country is famous for its castles and beautiful landscape. The population of Luxembourg is around 625,000. It is one most attractive destinations for investment. Recently, companies like Skype, and Amazon shifted their regional headquarters to Luxembourg. Apart from this, the country of Luxembourg has a pretty established steel production industry. Luxembourg is one of those countries that handled the Covid-19 pandemic very effectively. The economy of the country is still flourishing even after the pandemic.

  1. Switzerland – US $ 94,696 GDP per capita

Switzerland is another European country that is amazingly rich. It is one of those countries that are known for its inventions. The list of Swizz inventions is very long it includes white chocolate, the bobsleigh, the swiss army knife. Switzerland has a small population and well-established industries. It exports goods like pharmaceuticals, gems, and precious metals, precision instruments, computers, watches, medical apparatuses, etc. Switzerland is a land of riches as it has the highest density of millionaires in the world.

  1. Ireland – US $ 94,556 GDP per capita

The island nation of Ireland is in the 3rd position of our list of top richest countries in the world in 2023. The economy of Ireland is one of the fastest-growing economies in Europe. We all should appreciate the fact that Ireland has nearly doubled its GDP per capita in the last decade. You will be surprised to know that Ireland was one of the worst-hit economies during the 2008 financial crisis. But, we proper management and revolutionary reforms the country bounce-backed amazingly.

  1. Norway – US $ 81,995 GDP per capita

Norway is also one of the richest countries in Europe. Its economy is fueled by oil. It is the largest oil-producing nation in western Europe. In the last few years, the Norwegian economy is contracted a bit. Still, it is on the list of the richest countries in the world in 2023.

  1. United States – US $ 68,309 GDP per capita

It is not necessary that only small countries are the richest in the world. The United States of America (USA) is also amongst the super-rich countries around the world. The USA is home to many of the tech giants around the world including Apple, and Microsoft. It attracts huge investments for billionaires all over the world. Apart from this, the USA also has plenty of natural resources.

  1. Denmark – US $ 67,218 GDP per capita

Denmark enjoys a modern and internationally competitive service-based economy. The GDP per capita of Denmark is around US $ 67, 218. It is one of the rare economies that is least effected by the Covid – 19 pandemic. The population of this nation is around 6 million. The main sources of income of the people of Denmark are manufacturing activities, tourism, and petroleum products exports. The employment rate is very high in Denmark that’s why we see this country topping the world’s happiest countries ranking constantly.

Check- 10 highest currencies in the world

  1. Iceland – US $ 65,273 GDP per capita

Iceland is a Nordic island nation utterly famous for its dramatic landscape with volcanoes, geysers, hot springs, and lava fields. It is a mixed economy with a high level of free trade and government intervention. According to IMF, Iceland’s economy has flourished due to its tourism industry, exports, and investment. There are predictions that the economy of Iceland will continue to grow on the basis of its aluminium smelting, fishing, and tourism industry.

  1. Singapore – US $ 64,103 GDP per capita

When Singapore got its independence in 1965 it was nowhere near the prosperity it has today. Half its population was illiterate with no natural resources. But, with sheer hard work and smart policy, the country has come a long way. Now, it is a thriving economy. Singapore is often called the manufacturing and financial hub of Southeast Asia. Even though the economy of Singapore is affected by the Covid-19 out break, it is still one of the top richest countries in Asia and the world.

  1. Australia – US $ 62,723 GDP per capita

Australia is a service-based economy that is growing quite smoothly over the past few years. Due to its relatively smaller population and abundant natural resources, Australia enjoys a great standard of living. The recent reforms taken by the government are expected to take the country even further on the path of development.

  1. Qatar – US $ 59,143 GDP per capita

The oil, gas, and petrochemical reserves of Qatar are huge. At the same time, their population is very small. This results in great GDP per capita data of the country. Qatar is amongst the world’s richest nations for the last 20 years. You will find marvelous infrastructure, ultramodern architecture, luxury shopping malls, and fine beaches in Qatar.

List of Top 100 Richest Countries in the world 2023

Go through the following list of top 100 richest countries in the world 2023 based on GDP per capita data and see what position your country ranks upon.

  1. Luxembourg – US$131,782
  2. Switzerland – US$94,696
  3. Ireland – US$94,556
  4. Norway – US$81,995
  5. United States – US$68,309
  6. Denmark – US$67,218
  7. Iceland – US$65,273
  8. Singapore – US$64,103
  9. Australia – US$62,723
  10. Qatar – US$59,143
  11. Sweden – US$58,977
  12. Macau – US$58,004
  13. Netherlands – US$58,003
  14. Finland – US$54,330
  15. Austria – US$53,859
  16. Germany – US$51,860
  17. Belgium – US$50,103
  18. San Marino – US$49,765
  19. Canada – US$49,222
  20. Hong Kong – US$49,036
  21. Israel – US$47,602
  22. New Zealand – US$47,499
  23. United Kingdom – US$46,344
  24. France – US$44,995
  25. Japan – US$42,928
  26. United Arab Emirates – US$35,171
  27. Italy – US$34,997
  28. South Korea – US$34,866
  29. Brunei – US$33,097
  30. Puerto Rico – US$32,233
  31. Taiwan – US$32,123
  32. Malta – US$31,576
  33. Spain – US$30,996
  34. Bahamas – US$30,070
  35. Cyprus – US$29,551
  36. Slovenia – US$28,104
  37. Estonia – US$26,470
  38. Czech Republic – US$25,732
  39. Kuwait – US$25,290
  40. Portugal – US$25,065
  41. Bahrain – US$24,294
  42. Aruba – US$22,852
  43. Saudi Arabia – US$22,700
  44. Lithuania – US$22,245
  45. Slovakia – US$21,529
  46. Latvia – US$19,824
  47. Greece – US$19,673
  48. Hungary – US$18,075
  49. Poland – US$16,930
  50. Croatia – US$16,247
  51. Oman – US$16,212
  52. Barbados – US$16,036
  53. Trinidad and Tobago – US$15,752
  54. Uruguay – US$15,653
  55. Chile – US$15,617
  56. Romania – US$14,968
  57. Saint Kitts and Nevis – US$14,402
  58. Antigua and Barbuda – US$13,824
  59. Panama – US$13,690
  60. Palau – US$12,850
  61. China – US$11,819
  62. Costa Rica – US$11,806
  63. Maldives – US$11,801
  64. Russia – US$11,654
  65. Malaysia – US$11,604
  66. Bulgaria – US$11,321
  67. Nauru – US$10,125
  68. Kazakhstan – US$9,828
  69. Saint Lucia – US$9,816
  70. Seychelles – US$9,666
  71. Mauritius – US$9,639
  72. Turkey – US$9,327
  73. Mexico – US$9,246
  74. Guyana – US$9,192
  75. Grenada – US$9,171
  76. Argentina – US$9,122
  77. Montenegro – US$9,064
  78. Turkmenistan – US$9,032
  79. Serbia – US$8,748
  80. Gabon – US$8,601
  81. Equatorial Guinea – US$8,074
  82. Iran – US$8,034
  83. Dominican Republic – US$7,951
  84. Botswana – US$7,817
  85. Thailand – US$7,702
  86. Saint Vincent and the Grenadines – US$7,212
  87. Brazil – US$7,011
  88. Dominica – US$6,989
  89. Bosnia and Herzegovina – US$6,728
  90. Peru – US$6,678
  91. North Macedonia – US$6,657
  92. Belarus – US$6,487
  93. Albania – US$5,991
  94. Colombia – US$5,753
  95. Ecuador – US$5,665
  96. South Africa – US$5,444
  97. Jamaica – US$5,328
  98. Paraguay – US$5,146
  99. Tuvalu – US$5,116
  100. Tonga – US$5,081
  101. Fiji – US$5,069
  102. Azerbaijan – US$4,883
  103. Kosovo – US$4,856
  104. Moldova – US$4,638
  105. Iraq – US$4,632
  106. Guatemala – US$4,439
  107. Namibia – US$4,371
  108. Georgia – US$4,361
  109. Jordan – US$4,358
  110. Indonesia – US$4,256
  111. Marshall Islands – US$4,206
  112. Mongolia – US$4,172
  113. Armenia – US$4,125
  114. El Salvador – US$4,031
  115. Suriname – US$4,030
  116. Ukraine – US$3,984
  117. Belize – US$3,970
  118. Egypt – US$3,832
  119. Sri Lanka – US$3,830
  120. Micronesia – US$3,821
  121. Eswatini – US$3,710
  122. Tunisia – US$3,683
  123. Western Samoa – US$3,672
  124. Philippines – US$3,646
  125. Bolivia – US$3,624
  126. Libya – US$3,617
  127. Vietnam – US$3,609
  128. Cape Verde – US$3,555
  129. Morocco – US$3,415
  130. Algeria – US$3,364
  131. Bhutan – US$3,296
  132. Djibouti – US$3,214
  133. Palestine – US$3,156
  134. Vanuatu – US$2,957
  135. Syria† (2010) 2,807
  136. Lebanon† (2020) 2,802
  137. Laos – US$2,773
  138. Papua New Guinea – US$2,737
  139. Honduras – US$2,586
  140. Ivory Coast – US$2,567
  141. Congo – US$2,505
  142. Solomon Islands – US$2,455
  143. Nigeria – US$2,432
  144. Ghana – US$2,374
  145. India – US$2,191
  146. Mauritania – US$2,179
  147. São Tomé and Príncipe – US$2,174
  148. Kenya – US$2,129
  149. Bangladesh – US$2,122
  150. Angola – US$2,080
  151. Haiti – US$1,943
  152. Kiribati – US$1,917
  153. Nicaragua – US$1,877
  154. Uzbekistan – US$1,775
  155. Cambodia – US$1,720
  156. Zimbabwe – US$1,684
  157. Cameroon – US$1,649
  158. Senegal – US$1,622
  159. Venezuela – US$1,542
  160. Myanmar – US$1,423
  161. Comoros – US$1,420
  162. Benin – US$1,388
  163. East Timor – US$1,285
  164. Pakistan† (2020) 1,260
  165. Nepal – US$1,236
  166. Lesotho – US$1,178
  167. Guinea – US$1,141
  168. Kyrgyzstan – US$1,123
  169. Tanzania – US$1,104
  170. Togo – US$1,016
  171. Mali – US$983
  172. Zambia – US$974
  173. Uganda – US$972
  174. Ethiopia – US$952
  175. Guinea-Bissau – US$888
  176. Burkina Faso – US$876
  177. Gambia – US$834
  178. Rwanda – US$821
  179. Tajikistan – US$810
  180. Sudan – US$787
  181. Yemen – US$754
  182. Chad – US$741
  183. Liberia – US$700
  184. Niger – US$633
  185. Eritrea – US$625
  186. Afghanistan – US$592
  187. DR Congo – US$588
  188. Central African Republic – US$552
  189. Sierra Leone – US$542
  190. Madagascar – US$521
  191. Malawi – US$432
  192. Mozambique – US$425
  193. Somalia – US$347
  194. South Sudan – US$315
  195. Burundi – US$265

Mahima Mishra

Mahima is a law professional and also writes for Edudwar.com. She writes law articles and about important days celebrated worldwide. She has a deep interest in content writing and therefore writes for Edudwar as a freelance writer.

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