The United States of America, China, Germany, Japan, and India are the largest economies in the world in 2024, as per their GDP data. GDP serves as a key metric for assessing the magnitude of a nation's economy.The United States
The United States is the undisputed heavyweight when it comes to the economies of the world. America's gross domestic product in 2022 was more than 40% greater than that of China, the world No. 2. Even more striking, U.S. GDP was over five times that of the next two largest economies, Japan and Germany.The U.S. has the largest GDP in the world and China has the second largest.
Which country has the lowest GDP : Poorest countries in the world by GDP per capita PPP
Country | GDP Per Capita |
---|---|
Burundi | $ 915.88 |
Central African Republic | $1.12 thousand |
Democratic Republic of the Congo (DRC) | $1.55 thousand |
Mozambique | $ 1.65 thousand |
What is the top 10 richest country
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Top 10 Richest Countries in the world by GDP per Capita in 2024
- Luxembourg. Continent -Europe. GDP-PPP per capita in USD 143,740.
- Macao SAR. Continent -Asia.
- Ireland. Continent- Europe.
- Singapore. Continent- Asia.
- Qatar. Continent- Asia.
- UAE. Continent- Asia.
- Switzerland. Continent- Europe.
- San Marino. Continent -Europe.
Why is Luxembourg so rich : First, the country has a thriving financial services sector and serves as a global hub for private banking. Secondly, Luxembourg has a stable political environment, which attracts businesses and investors and fosters economic growth.
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US.
Luxembourg
World's Richest Countries 2024
Rank | Country/Territory | GDP-PPP per capita ($) |
---|---|---|
1 | 🇱🇺Luxembourg | 143,743 |
2 | 🇲🇴Macao SAR | 134,141 |
3 | 🇮🇪Ireland | 133,895 |
4 | 🇸🇬Singapore | 133,737 |
What is the top 10 poorest country
Top 10 Poorest Countries in the World
- South Sudan🇸🇸
- Burundi🇧🇮
- Central African Republic (CAR)🇨🇫
- Democratic Republic of the Congo (DRC)🇨🇩
- Mozambique🇲🇿
- Niger🇳🇪
- Malawi🇲🇼
- Liberia🇱🇷
Top 10 economies by GDP per capita ranking 2024
Country | Continent | GDP-PPP per capita (in USD) |
---|---|---|
#1 Luxembourg | Europe | 143,740 |
#2 Macao SAR | Asia | 134,140 |
#3 Ireland | Europe | 133,900 |
#4 Singapore | Asia | 133,740 |
Luxembourg
Top 10 economies by GDP per capita ranking 2024
Country | Continent | GDP-PPP per capita (in USD) |
---|---|---|
#1 Luxembourg | Europe | 143,740 |
#2 Macao SAR | Asia | 134,140 |
#3 Ireland | Europe | 133,900 |
#4 Singapore | Asia | 133,740 |
Wealth per capita, or overall wealth The USA has the largest GDP on Earth, but Luxembourg has more wealth per capita. If you're fine with living in a small country, as an average Joe, you'll be twice as rich in Luxembourg.
What is the richest country in the EU : Luxembourg
Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living.
Who has the strongest economy in Europe : Germany
The European Union's GDP is estimated to be $19.35 trillion (nominal) in 2024 or $26.64 trillion (PPP), representing around one-sixth of the global economy. Germany has the biggest national GDP of all EU countries, followed by France and Italy. 448,753,823 (EU27, 1 January 2023 prov.
What is the poorest country
Africa
- Somalia.
- South Sudan.
- Sudan.
- Tanzania.
- The Gambia.
- Togo.
- Uganda.
- Zambia.
30 Wealthiest Countries by Per Capita Net Worth
- Russia. Wealth Per Capita (2022): $39,514.
- Iran. Wealth Per Capita (2022): $51,147.
- Poland. Wealth Per Capita (2022): $52,741.
- Mexico. Wealth Per Capita (2022): $55,274.
- China. Wealth Per Capita (2022): $75,731.
- Saudi Arabia.
- United Arab Emirates.
- Portugal.
World's Poorest Countries 2024
Rank | Country/Territory | GDP-PPP per capita ($) |
---|---|---|
1 | 🇸🇸South Sudan | 455 |
2 | 🇧🇮Burundi | 916 |
3 | 🇨🇫Central African Republic | 1,123 |
4 | 🇨🇩Democratic Republic of the Congo | 1,552 |
Is Poland a poor country : The country is considered by many to be a successful post-communist state. It is classified as a high-income economy by the World Bank, ranking 20th worldwide in terms of GDP (PPP), 21st in terms of GDP (nominal), and 21st in the 2023 Economic Complexity Index.