Based on GDP per capita projections for 2024, Luxembourg is expected to be the richest country.
According to Forbes India, Luxembourg has the highest GDP per capita.
Here's a summary of the top 4 richest countries by GDP per capita in 2024:
Country | GDP-PPP per capita (in USD) | Annual GDP growth rate |
---|---|---|
#1 Luxembourg | 151,150 | 1.3% |
#2 Singapore | 148,190 | 2.6% |
#3 Macao SAR | 130,420 | 10.6% |
#4 Ireland | 127,750 | -0.2% |
This ranking is based on GDP-PPP (Purchasing Power Parity) per capita, which is an economic metric that measures the total output of a country adjusted for differences in relative prices of goods and services. It's often used when comparing the standards of living between different countries.