27 Richest Countries in the world in 2023

Richest Countries in the world in 2023

Hey guys,

Today, we’ll travel several continents in search of the richest countries in the world in 2023.

These countries lead the rest of the world when it comes to their wealth, resources, and standard of living.

On this list are countries from different continents, languages, and cultures but one thing they all have in common is their outstanding wealth.

Richest countries in the world in 2023

1. Table of Contents

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   Luxembourg

Taking the coveted first position among the richest countries in the world in 2023 is Luxembourg.

Though a small country in Western Europe, Luxembourg tops the chart as the richest country in 2023.

Its source of wealth is largely from the financial sector, including banking and investment. Luxembourg’s GDP per capita is about $146,694, and its population is around 645, 397.

See Also: The richest people in the world 2023 

2. Singapore

Have you heard of Singapore’s wealth? Singapore is located in Southeast Asia. Over the years, Singapore has amassed a surpassing wealth for itself.

Singapore has developed its economy through diverse sectors. It derives its wealth larely from finance, electronics, and pharmaceuticals.

Singapore’s GDP per capita is around $132,429, and its population is approximately 5.8 million as of today.

3. Ireland

Coming third is Ireland. Ireland is a country located in Western Europe. Ireland richest is sourced from their world-class technology, finance, and service sectors.

Ireland’s GDP per capita is approximately $131,034, making it one of the highest in the world. The population of Ireland is around 4.9 million.

4. Qatar

Yes, Qatar made the list! Another Asian country, Qatar is a small, oil-rich country located in the Persian Gulf.

Oil drives Qatar’s wealth. Because of its oil wealth, Qatar’s citizens enjoy a high standard of living and a well-established system of social services.

Its GDP in 2023 is an enormous $113,375 per capita. Massive!

5. Switzerland

Next is the rich and beautiful Switzerland.  Located in Europe, Switzerland is one of the richest countries in Europe and the world.

The sectors responsible for the country’s wealth are the finance, pharmaceuticals, and technology sectors.

Switzerland’s GDP per capita is approximately $84,469 and its population is around 8.7 million.

6. Norway

When people think of Norway, the first thing that comes to mind is its stunning landscapes.  Today. Let’s talk about their enormous wealth.

Europe Norway is a country located in Northern Europe. It is one of the countries with the most comfortable citizens.

Norway boast of wealth from oil and gas, fisheries, and. shipping.

Her GDP per capita is a whooping approximately $78,128, and its population is around 5.4 million.

7. United Arab Emirates

You have likely visited Dubai if you are a travel buff but one thing you may not know is that UAE is one of the most affluent countries in the world.

Located in the Middle East, the UAE’s riches come from oil and gas, tourism, and finance.

The UAE’s GDP per capita is around $77,272, and its population is approximately 9.9 million.

8. United States of America

At number 8 is God’s own country, the mighty United States of America. North America’s largest nation is the United States.

See Also: Best States to Study in the US for International Students 

The USA is the world leader when it comes to manufacturing, finance, and technology and that’s their source of wealth.

The US has over 341 million people and a per capita GDP of about $77,270.

9. Brunei

Have you heard of Brunei?

Brunei Darussalam is the third largest oil producer in Southeast Asia and one of the most prosperous countries in the world. If you’ve not been to this country, you should put it in your list.

Brunei is a small country located on the island of Borneo. Their source of wealth? Oil and gas. It’s one of the largest oil producers in Southeast Asia.

As of 2023, Brunei’s GDP per capita is around $76,000, and its population is approximately 438,000. Now, that’s some wealth!

10. San Marino

Taking the 10^th position of the richest countries in the world in 2023 is San Marino. A tiny nation called San Marino is situated in southern Europe.

Tourism and banking are the two pillars of its economy. The GDP per person in San Marino is about $70,320, and there are about 34,000 people living there.

11. Denmark

The nation called Denmark is found in northern Europe. With strong sectors in manufacturing, technology, and services, its economy is well-developed and diverse.

Denmark has a population of about 5.8 million people and a per capita GDP of around $69,834.

12. Netherlands

Located in Western Europe, the Netherlands is one of the richest countries in the world today.

Its economy is highly diversified, with significant agriculture, manufacturing, and service sectors. The Netherlands’ GDP per capita is around $69,715, and its population is approximately 17.5 million.

With a population of over 341,000 and a per capita GDP of roughly $69,715, Iceland is a wealthy nation.

13. Taiwan

With a population of about 23.5 million, Taiwan is an island country in East Asia.

The country has It is well-known for its robust industrial, high-tech, and service-based economy as well as its complicated political ties with China.

As of 2021, Taiwan’s GDP per capita was approximately $69,500 USD.

14. Austria

Austria takes the 15^th position on the wealthiest nations list in 2023. Located in Central Europe, Austria has substantial sectors in the tourist, manufacturing, and service industries, and its economy is quite well-developed and diverse.

Austria has a population of about 8.9 million people and a per capita GDP of roughly $66,680.

15. Iceland

Iceland is another super-rich country in the world. The country occupies a tiny Island in North Atlantic Ocean.

Tourism, fishing, and geothermal energy are the three mainstays of its economy, yet the country has amassed so much wealth that they rank among the richest countries in the world.

Their GDP per capita as of 2023 is $66,467.

16. Andorra

With a population of around 77,000, Andorra pulls the heavy weight of being one of the world’s wealthiest nations.

Andorra is a tiny landlocked nation in the eastern Pyrenees Mountains of Europe. As of 2023, its GDP per capita is about $65,372 with a primary focus on banking, retail sales, and tourism.

17. Sweden

Next on the list of the richest countries in the world is the beautiful country of Sweden. Scandinavian Europe is home to the nation of Sweden.

With sizable sectors in the manufacturing, technology, and service industries, its economy is extremely diverse.

Sweden has a population of over 10.4 million people and a per capita GDP of around $63,877.

18. Germany

Here comes another European country on the list. With strong sectors in manufacturing, technology, and services, Germany ranks as one of the richest countries in 2023.

Germany has an estimated 83 million people and a per capita GDP of roughly $63,835.

19. Australia

Located in the serene continent of Oceania, Australia controls a huge national wealth. Its economy is extremely well-developed and varied, with sizable sectors in the service, mining, and agricultural industries.

Australia has a population of around 25.7 million people and a per capita GDP of about $62,192.

20. Belgium

Western Europe houses the prosperous nation of Belgium. With sizable sectors in manufacturing, services, and finance, its economy is well-developed and diverse.

With a population of roughly 11.7 million, Belgium has a per capita GDP of over $62,065.

21. Finland

The rich and vibrant Finland is a nation in Northern Europe. With sizeable technology, manufacturing, and service industries, its economy is highly developed and diverse.

Finland has a population of about 5.5 million people and a per-capita GDP of over $58,695. Finland is one of the richest countries in the world in 2023.

22. Bahrain

With a population of over 1.7 million, Bahrain is a tiny island nation in the Persian Gulf sandwiched between Saudi Arabia and Qatar. Its economy is based mostly on petroleum extraction and processing, as well as financial services and tourism.

The country’s petroleum industry provides a sizeable amount of Bahrain’s projected $57,921 billion USD in GDP 2023.

23. Canada

Canada is a big country in North America. Its highly developed and diversified economy includes large sectors in natural resources, industry, and services.

It has a growing population of about 38.1 million and a GDP per capita of almost $57,827 in 2023. Little wonder, Canada keeps attracting thousands of immigrants who chose the country as their new home yearly.

Want to study in Canada? See how. 

24. Malta

In 2023, Malta’s GDP per person reached $56,338 USD. Ranking as one of the nations the most Honeywell, Malta is a tiny island country in the Mediterranean Sea, south of Italy.

Its economy is focused mostly on tourism, financial services, and manufacturing, notably in the electronics and pharmaceutical industries.

25. France

France is a beautiful country in Western Europe that is situated on the edge of the continent. The country attracts hundreds of thousands of tourist to its beautiful home every year.

France is a significant manufacturer of luxury goods, medicines, aerospace technology, vehicles, and other products, and it also leads the world in tourism, agriculture, and energy production.

France ranks as the 25^th richest country in the world in 2023 with a GDP per capita of $56,200.

26. Others

27. Over to you

It’s time to hear from you on the 26th and 27th richest countries in the world. Based on your knowledge about world countries, what coutry do you think should make the list?

Feel free to share.