What are the richest countries in the world?

The Gross Domestic Product (GDP) is a measure of a country’s output over a given period (usually a year).

What this metric includes is the quantity of goods and services produced within a country’s borders, which includes exports.

Wealth, meanwhile, is the accumulation of assets and assets. For example, the assets of families, businesses and the State. AND Although GDP is not the same as wealth, It is the figure used to establish and compare the size of economies.

In an unequal world, two countries concentrate almost 40% of world GDP and only one almost 25%. Most countries, meanwhile, have incomes below the average set by the International Monetary Fund (IMF).

What are the richest countries in the world?

By 2023, the IMF established the following ranking of the world’s largest economies (GDP measured in trillions of dollars).

The United States maintains its lead with a total of 26.9 billion, followed by China, with 19.4 billion. The United States’ GDP represents 25.5% of the world total and that of China 18.4%. Both economies, therefore, concentrate 43.9% of world GDP.

In third place there is Japan (4,4) followed by Germany (4.3). While Japan consolidates itself as the second largest economy in Asia, Germany is the first in Europe.

Indiawith 3.7 billion, it appears in third place in Asia and fifth in the world, followed overall by United Kingdom (3,1), France (2.9) e Italy (2.1).

Another American country appears in ninth place in the IMF ranking, Canada, whose GDP reached 2,089 billion last year. It remains the largest economy in South America Brazil (2,082), which ranks 10th, not far from Russia, which follows in the ranking with 2,062 billion.

Brazil and Russia are the last two countries in the general ranking whose individual wealth production concentrates a percentage equal to 2% of global GDP.

Then, in the table, there is the increasingly confirmed Korea with $ 1.72 billion and 1.6% of global GDP. And it is followed between 13th, 14th and 15th by the countries of Australia (1.7 billion), Mexico (1.66 billion) e Spain (1.49).

This ranking, which can be consulted on the Bankinter website, focuses on 5 countries which have seen strong development in recent years, from 16th to 20th place.

Indonesia (1.39 billion), Holland (1.08), Saudi Arabia (1.06) Türkiye (1.029) e Swiss (0.869) rounds out the list of top 20 greats.

What is the GDP per capita

Another way to measure the wealth of countries is that divide GDP by the amount of population (GDP per capita). In this case the list changes since neither the United States nor China occupy the top places.

According to data from World Bankthe small Monk leads this ranking with a GDP per capita of 240,862 US dollars (2022), followed by Liechtenstein ($197,504, 2021), Luxembourg ($125,006, 2022), Bermuda US$118,774, 2022), Norway (US$106,177, 2022) and Ireland ($103,983, 2022).

They were also at the top of GDP per capita Swiss ($93,259), Taste (US$87,661), Singapore (82,807 US dollars), United States of America (76,329), Iceland (73,466), Denmark (67,790) e Australia (65,099).

In both rankings Argentina is well below the billionaire countries as its GDP, by 2023, he adds 641,000 million. Regarding per capita income, it also does not stand out: US$13,934 if we consider a population of 46,044 million inhabitants.