This story is from July 08, 2024
Top 10 Richest Countries In The World By GDP Per Capita (PPP) 2024: Did you know that only one country in the list of world’s top 10 largest economies by GDP makes it to the list of richest countries by GDP per capita in purchasing power parity (PPP) terms? Yet another interesting fact is that Luxembourg, which tops the list, has a GDP per capita of more than 1.5 times that of the USA! And where does India, the world’s fifth largest economy rank? We take a look at the top 10 countries in the world by GDP per capita in PPP terms as per IMF’s World Economic Outlook April 2024 data sourced from EY: (AI image)
Luxembourg, a small European country, tops the list of world’s economies ranked in terms of GDP per capita (PPP). According to the IMF, Luxembourg’s GDP per capita is projected at $1,43,742.69 for 2024. (AI image)
Ireland, a member of the European Union, ranks second in the list of the top 10 richest countries by GDP per capita. As per IMF estimates in 2024, Ireland’s GDP per capita is expected to be $1,33,895.315. (AI image)
Singapore, the island country in Asia, is the third richest country in the world in terms of GDP per capita. For 2024, the IMF has projected that Singapore’s GDP per capita would be around $1,33,737.469. (AI image)
Macao, a special administrative region of China, has the fourth highest GDP per capita (PPP terms) in the world. According to the IMF, Macao SAR’s GDP per capita is projected at $1,34,140.929 for 2024. (AI image)
Qatar, a middle-east country, features on the 5th spot in the list of top 10 countries with highest GDP per capita (PPP). The IMF has projected the GDP per capita of Qatar at $1,12,282.917 for 2024. (AI image)
The United Arab Emirates or UAE, another middle-eastern country, is the 6th richest country in the world in GDP per capita terms. The IMF estimates that for 2024, UAE’s GDP per capita would be around $96,845.849. (AI image)
Switzerland, the popular European tourist-destination country, has the 7th highest GDP per capita in PPP terms. As per IMF’s estimates, in 2024 Switzerland’s GDP per capita is projected at $91,931.752. (AI image)
San Marino, a mountainous country in Europe, is the 8th richest country in the world in GDP per capita terms. According to the IMF, San Marino’s GDP per capita (PPP) is estimated to be $86,988.999 for 2024. (AI image)
The United States of America, which is the world’s largest economy in terms of GDP, ranks 9th when it comes to the GDP per capita (PPP) list. The IMF estimates that for 2024, America’s GDP per capita is projected at $85,372.686. (AI image)