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Theworld's wealthiest nations in 2023, revealing the complexities and vibrancy of the global economic landscape, are as follows: 15. Spain. Spain, the 15th-richest country in the world, is a major force in Western Europe, with its economy ranking fifth in terms of volume. It has demonstrated resilience in its recovery from the 2008 Therefore Canada is not just one of the richest oil countries in the world, it is one of the most fiscally balanced oil countries as well. 5. Iraq. Output: 4.8 million barrels per day. Iraq has always been an important oil country; this productivity was only briefly halted by wars. TheLargest Countries The three largest sovereign countries by surface area are Russia, Canada, and the United States. Together they occupy roughly a quarter of Earth's landmass. Other heavyweights in size are China, Brazil, Australia, India, Argentina and Kazakhstan. The Smallest Countries Among the world's smallest countries are the Hereare the top five countries with the highest GDP in 2021: – United States: $22.675 trillion – China: $16.642 trillion – Japan: $5.311 trillion – Germany: $4.415 trillion – United Kingdom: $3.020 trillion. The United States has the highest GDP at $22.675 trillion, followed by China with $16.642 trillion. Listsof sovereign states and dependent territories. This is a list of lists of countries and territories by various criteria. A country or territory is a geographical area, either in the sense of nation (a cultural entity) or state (a political entity). [1] WealthiestCountry in the World – Luxembourg. Continent: Europe. GDP: $89.1 billion. Population: 639 thousand. Luxembourg, recognized as the richest countries globally, has navigated the Covid-19 pandemic relatively unscathed.Leveraging its wealth, the nation prioritizes enhancing living standards, healthcare, and education for its citizens. ByArchana Kabra. February 22, 2024. According to a research report published by the research wing of McKinsey & Co, China has dethroned the US to become the world’s richest country. As per the report, the total global wealth witnessed a 300% increase in the past 20 years from $156 trillion in 2000 to $514 trillion in 2020. Therichest people in the world are from the US, including Elon Musk, Jeff Bezos, and Bill Gates. 8. Norway. Norway is one of the wealthiest countries in the world, with a GDP per capita of $77,808. ButAmerica is not even in the Top 5 countries with the highest per-capita income. The Messenger. India, the world's second-most-populated country with nearly 1.4 billion people, has a GDP of Thewealthiest countries in the world by GDP per capita Luxembourg Image: Courtesy of Cedric Letsch/@cedricletsch/Unsplash. Continent: Europe GDP per capita: USD 135,610 GDP: USD 89.1 billion Population: 639 thousand Spanning 2,586.4 square km, Luxembourg is one of the smallest countries in the world. Qatar a major oil-exporting world center, is the world's third richest country. The resource-rich land with the world's biggest economy, the United States ranks 8th on the list. GDP, or the Gross Domestic Product, is a measure of wealth in the country coming from sources including export revenues, incomes, consumption, and Seoul South Korea . PPP: $1,125 billion USD; Aerial view of downtown Seoul and the Han River. Being one of Asia's most wealthy countries, South Korea is home to the capital Seoul, which witnessed an 11% increase in its millionaire population between 2019 and 2020, despite facing a global pandemic.Home to about 393,000 millionaires, RichestCountries in the WorldWelcome to the State Balls channel!On our channel you will see a bunch of educational, funny and interesting animations. Our ch Top50 richest countries in the world. How to determine how rich a country is and compare it with the others? Of course, the key indicator is the GDP per capita (a total value of goods and services produced by a nation during a year divided by its total population). It shows how rich each citizen is, on average, but unfortunately does not take PerForbes (April 2024); Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144 4 17 Germany 132: 1.560 5 27 .