The top economies in the world can be ranked by many different metrics. On an absolute dollar basis, the United States and China have been battling for some time for the top spot in the global economy, as China inches ever closer. However, since China has such a large population, its gross domestic product per capita dwindles in comparison to the U.S. and other countries.
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To find the richest countries in the world, Forbes India looked specifically at gross domestic product per capita — the total value of goods and services produced in a country divided by the number of full-time residents.
Forbes India ranked the 10 top economies in the world on the basis of GDP per capita accounting for purchasing power parity (PPP), which considers inflation rates and the costs of local products and services. You might be surprised at some of the results.
Singapore
GDP-PPP per capita: $156,760
Annual GDP growth rate: 2%
Continent: Asia
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Luxembourg
GDP-PPP per capita: $152,920
Annual GDP growth rate: 1.6%
Continent: Europe
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Macau SAR
GDP-PPP per capita: $134,040
Annual GDP growth rate: 3.6%
Continent: Asia
Ireland
GDP-PPP per capita: $134,000
Annual GDP growth rate: 2.3%
Continent: Europe
Qatar
GDP-PPP per capita: $121,610
Annual GDP growth rate: 2.4%
Continent: Asia
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Norway
GDP-PPP per capita: $107,890
Annual GDP growth rate: 2.1%
Continent: Europe
Switzerland
GDP-PPP per capita: $97,580
Annual GDP growth rate: 0.9%
Continent: Europe
Brunei Darussalam
GDP-PPP per capita: $95,760
Annual GDP growth rate: 2.5%
Continent: Asia
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Guyana
GDP-PPP per capita: $94,260
Annual GDP growth rate: 10.3%
Continent: South America
United States
GDP-PPP per capita: $89,110
Annual GDP growth rate: 1.8%
Continent: North America
J. Arky contributed to the reporting for this article.
Editor’s note: Data was sourced from Forbes India and is accurate as of April 28, 2025.
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This article originally appeared on GOBankingRates.com: These Are the 10 Richest Countries in the World — See Where the US Ranks
