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Top 10 Richest Countries In The World By GDP Per Capita 2024: USA Does Not Top! Where Is India In World Rankings? Check List

TOI Business Desk
| TIMESOFINDIA.COM | Last updated on - Jun 17, 2024, 22:46 IST
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Top 10 Richest Countries In The World By GDP Per Capita 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)

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Luxembourg

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)

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Ireland

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)

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Singapore

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)

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Macao SAR

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)

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Qatar

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)

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United Arab Emirates

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)

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Switzerland

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)

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San Marino

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)

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United States of America

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)

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Norway

Norway is 10th in the list of the world’s richest countries in GDP per capita (PPP) terms. The IMF projections for Norway’s GDP per capita for 2024 stand at $82,831.777. (AI image)

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Richest Countries: Where Does India Rank?

India, which is the 5th largest economy in the world at present, ranks 129th on the list of countries with the highest GDP per capita in PPP terms. According to IMF’s projections for 2024, India’s GDP per capita (PPP) would be around $10,122.951. (AI image)

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Richest Countries: Where Does China Rank?

China, the second largest economy in the world in terms of GDP, ranks 77th on the list of world’s economies ranked in terms of GDP per capita (PPP). According to IMF, China’s GDP per capita is projected at $25,015.32 for 2024. (AI image)

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Richest Countries: Where Does Pakistan Rank?

Pakistan, India’s neighbouring country, ranks at 140 level in the list of world’s economies with highest GDP per capita (PPP). According to IMF, Pakistan’s GDP per capita (PPP) is estimated at $6,955.122 for 2024. (AI image)

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Richest Countries: Where Does Germany Rank?

Germany, the third largest economy in the world, ranks 22nd in the list of the richest countries in the world in terms of GDP per capita (PPP). IMF has projected a GDP per capita of $67,244.697 for Germany for 2024. (AI image)

Top Comment
t
telveer
709 days ago
Most of the top 10 are small countries with niche products and resources. But US being in top 10 is impressive. Unlike the other top 10, it has a huge and diverse population and the worlds oldest democracy. We have a long way to go.
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