Richest Countries In The World 2019

A lot of people who swear that they have discovered the secret to overall happiness claim that it has nothing to do with money. There is an incredibly high chance that you have heard the phrase, “Money cannot buy happiness,” at some point in your life. It is one of the most common cliches to ever exist, and while there is a truth behind this blanket statement, there is also a boatload of evidence that shows money can definitely lead you to feel happier overall.

The reason behind this counterargument is that a lot of negative feelings and situations arise from a less-than-ideal fiscal standing. When your credit score is low due to unpaid credit card balances, you can be prevented from leasing a car, purchasing a home, or renting an apartment, among other things. The ability to provide for yourself on a luxurious level, or even to buy the bare necessities human beings need in order to get by, can be severely impacted by your monetary affairs.

Everything in the world costs money, and there really is no exception to such a bold claim. People are quick to retort with the notion that you cannot buy experiences or memories, but the truth of the matter is that you need to have a source of finances in order to go anywhere and experience new cultures, places, or any other travel-related endeavor whatsoever.

You can create memories doing things that don’t require money, but the options are painfully limited and you can only create the same memory of hanging out in your backyard before it becomes dull and not worth storing in your long-term memory. While it is not necessarily true that wealthier people are happier, they are far more capable of paying for anything they need and preventing any stress, anxiety, or depressive symptoms resulting from an inability to afford something you need.

By looking at the GDP per capita, or gross domestic product per capita, of each country around the globe, it is possible to rank countries based on wealth and then compare them to each other. From there, you can determine which countries are wealthiest and then list the countries in descending order, from richest to poorest. Here is the conclusive list of the top fifty-five richest countries in the world, starting with the wealthiest country…

  1. Luxembourg (GDP per capita: $119,719)
  2. Norway (GDP per capita: $86,362)
  3. Switzerland (GDP per capita: $83,832)
  4. Ireland (GDP per capita: $81,477)
  5. Iceland (GDP per capita: $78,181)
  6. Qatar (GDP per capita: $65,062)
  7. The United States of America (GDP per capita: $64,906)
  8. Denmark (GDP per capita: $63,434)
  9. Singapore (GDP per capita: $62,690)
  10. Australia (GDP per capita: $58,824)
  11. Sweden (GDP per capita: $57,945)
  12. The Netherlands (GDP per capita: $56,415)
  13. Austria (GDP per capita: $54,606)
  14. Finland (GDP per capita: $52,320)
  15. Germany (GDP per capita: $51,642)
  16. Hong Kong (GDP per capita: $50,216)
  17. Belgium (GDP per capita: $49,095)
  18. Canada (GDP per capita: $48,604)
  19. France (GDP per capita: $45,586)
  20. The United Kingdom (GDP per capita: $45,491)
  21. Japan (GDP per capita: $41,834)
  22. The United Arab Emirates (GDP per capita: $38,961)
  23. Italy (GDP per capita: $36,061)
  24. Korea (GDP per capita: $33,495)
  25. Spain (GDP per capita: $33,151)
  26. Puerto Rico (GDP per capita: $32,705)
  27. Malta (GDP per capita: $32,130)
  28. Brunei (GDP per capita: $30,297)
  29. Cyprus (GDP per capita: $29,224)
  30. Kuwait (GDP per capita: $28,394)
  31. Slovenia (GDP per capita: $28,247)
  32. Taiwan (GDP per capita: $26,309)
  33. Bahrain (GDP per capita: $26,083)
  34. The Czech Republic (GDP per capita: $25,468)
  35. Portugal (GDP per capita: $24,312)
  36. Estonia (GDP per capita: $24,043)
  37. Saudi Arabia (GDP per capita: $22,368)
  38. Slovakia (GDP per capita: $21,278)
  39. Greece (GDP per capita: $21,274)
  40. Lithuania (GDP per capita: $20,644)
  41. Latvia (GDP per capita: $18,861)
  42. Trinidad and Tobago (GDP per capita: $18,018)
  43. Uruguay (GDP per capita: $17,772)
  44. Oman (GDP per capita: $17,668)
  45. Chile (GDP per capita: $16,914)
  46. Hungary (GDP per capita: $16,852)
  47. Poland (GDP per capita: $16,782)
  48. Panama (GDP per capita: $16,576)
  49. Croatia (GDP per capita: $15,878)
  50. Romania (GDP per capita: $13,229)

Location is a major main player in the overall wealth of a country. Third-world countries in Asia, for example, do not rank very well when GDP is the variable in consideration. If access to certain items and necessities is restricted, then people are already working with a strong disadvantage. Places that are not war-stricken or already burdened with a less-than-ideal economy are not set up to do well in the competition of gross domestic products between countries.

This is why, when looking at the list of the wealthiest countries in the world, you’ll find that places where trade or massive production is a main source of income rank higher on the list. The poorer countries are less involved in global trading, and they are more independent in the sense that their direct involvement in international affairs is lesser than the wealthier countries. This is because money and power are so naturally interwoven, which contributes to the overall wealth and GDP of a country.

For the sake of this discussion, try to focus more on the statistics regarding wealth around the world rather than if riches are necessary in order to enjoy your life. There are five countries in particular that are regarded as the wealthiest countries in the world, and we are going to talk about each one. Let’s get started!

Luxembourg

The European country of Luxembourg has been classified and defined as the richest country in the world. The findings are based on the gross domestic product values of the countries. The GDP is calculated by dividing the total GDP of the country by the population size, and from there, you'll end up with the GDP value per capita within a country.

The GDP value per capita of a country is an excellent way of measuring the wealth of a country because it takes into account the standard of living. By taking the GDP of a country and comparing it to the GDP of another country, you'll be able to accurately determine which country is richer than another, with a few other factors being taken into consideration as well.

Looking at Luxembourg in particular, the GDP of the country in 2017 was 107,053 USD. In 2019, the country's GDP increased to 119,719 USD.

Norway

The GDP of Norway ranks as the second largest in the world. Back in 2017, Norway’s GDP registered as 74,571 USD. Two years later, in 2019, the country experienced a heightened jump to a GDP value of 86,362 USD.

Switzerland

Switzerland is yet another European country that made the list of top five wealthiest countries based on GDP per capita. The GDP of Switzerland is currently 83,833 USD. This is much higher than the GDP of Switzerland in 2017, which was registered as being 80,069 USD.

Ireland

The GDP of Ireland is 81,477 USD. Compared to the GDP of the country in 2017, the current Irish GDP is nearly 11,000 USD greater than it was. For reference, Ireland's GDP in 2017 was 70,220 USD.

Iceland

The European country of Iceland has a current GDP of 78,181 USD. Two years prior, Iceland was documented as having a GDP of 73,529 USD.

Rank Country 2019 Population GDP (IMF '19) GDP (UN '16) Per Capita
1United States329,064,917$21.41 trillion$18.62 trillion$56,598
2China1,433,783,686$15.54 trillion$11.22 trillion$7,824
3Japan126,860,301$5.36 trillion$4.94 trillion$38,911
4Germany83,517,045$4.42 trillion$3.48 trillion$41,642
5United Kingdom67,530,172$3.02 trillion$2.65 trillion$39,211
6France65,129,728$3.06 trillion$2.47 trillion$37,855
7India1,366,417,754$3.16 trillion$2.26 trillion$1,654
8Italy60,550,075$2.26 trillion$1.86 trillion$30,700
9Brazil211,049,527$2.26 trillion$1.80 trillion$8,509
10Canada37,411,047$1.91 trillion$1.53 trillion$40,891
11South Korea51,225,308$1.78 trillion$1.41 trillion$27,550
12Australia25,203,198$1.58 trillion$1.30 trillion$51,758
13Russia145,872,256$1.75 trillion$1.25 trillion$8,542
14Spain46,736,776$1.58 trillion$1.24 trillion$26,473
15Mexico127,575,529$1.29 trillion$1.08 trillion$8,441
16Indonesia270,625,568$1.15 trillion$932.26 billion$3,445
17Turkey83,429,615$961.65 billion$863.71 billion$10,353
18Netherlands17,097,130$994.77 billion$777.23 billion$45,460
19Switzerland8,591,365$779.33 billion$668.85 billion$77,852
20Saudi Arabia34,268,528$759.22 billion$639.62 billion$18,665
21Argentina44,780,677$659.69 billion$545.87 billion$12,190
22Sweden10,036,379$628.80 billion$514.48 billion$51,261
23Poland37,887,768$649.97 billion$471.40 billion$12,442
24Belgium11,539,328$587.70 billion$467.96 billion$40,553
25Iran82,913,906$413.11 billion$425.40 billion$5,131
26Thailand69,625,582$520.07 billion$407.03 billion$5,846
27Nigeria200,963,599$475.57 billion$404.65 billion$2,014
28Austria8,955,102$503.54 billion$390.80 billion$43,640
29Norway5,378,857$460.18 billion$371.07 billion$68,987
30United Arab Emirates9,770,529$427.83 billion$348.74 billion$35,693
31Hong Kong7,436,154$387.98 billion$320.91 billion$43,156
32Israel8,519,377$390.66 billion$317.75 billion$37,297
33Denmark5,771,876$386.40 billion$306.90 billion$53,172
34Philippines108,116,615$355.74 billion$304.91 billion$2,820
35Ireland4,882,495$409.23 billion$304.82 billion$62,431
36Singapore5,804,337$367.78 billion$296.95 billion$51,159
37Malaysia31,949,777$402.61 billion$296.53 billion$9,281
38South Africa58,558,270$386.85 billion$295.44 billion$5,045
39Venezuela28,515,829$92.42 billion$291.38 billion$10,218
40Pakistan216,565,318-$282.51 billion$1,304
41Colombia50,339,443$347.03 billion$282.46 billion$5,611
42Egypt100,388,073-$270.14 billion$2,691
43Chile18,952,038$295.84 billion$247.05 billion$13,035
44Finland5,532,156$304.13 billion$238.50 billion$43,112
45Bangladesh163,046,161$312.79 billion$220.84 billion$1,354
46Vietnam96,462,106$264.94 billion$205.28 billion$2,128
47Portugal10,226,187$260.35 billion$204.84 billion$20,031
48Czech Republic10,689,209$276.96 billion$195.31 billion$18,271
49Greece10,473,455$235.84 billion$192.69 billion$18,398
50Peru32,510,453$246.71 billion$192.21 billion$5,912
51New Zealand4,783,063$235.33 billion$187.52 billion$39,204
52Romania19,364,557$265.26 billion$186.69 billion$9,641
53Iraq39,309,783$233.40 billion$160.02 billion$4,071
54Algeria43,053,054$208.77 billion$159.05 billion$3,694
55Qatar2,832,067$193.91 billion$152.45 billion$53,831
56Kazakhstan18,551,427$190.47 billion$135.01 billion$7,277
57Hungary9,684,679$172.83 billion$125.82 billion$12,991
58Kuwait4,207,083$140.15 billion$110.35 billion$26,229
59Angola31,825,295$121.14 billion$106.92 billion$3,360
60Puerto Rico2,933,408$96.98 billion$105.03 billion$35,806
61Morocco36,471,769$129.03 billion$103.61 billion$2,841
62Ecuador17,373,662$109.87 billion$98.01 billion$5,641
63Ukraine43,993,638$126.72 billion$93.27 billion$2,120
64Slovakia5,457,013$119.88 billion$89.77 billion$16,450
65Cuba11,333,483-$89.69 billion$7,914
66Sudan42,813,238-$82.89 billion$1,936
67Sri Lanka21,323,733$99.65 billion$81.32 billion$3,814
68Dominican Republic10,738,958$84.58 billion$71.58 billion$6,666
69Kenya52,573,973$95.80 billion$70.53 billion$1,341
70Ethiopia112,078,730$89.73 billion$70.31 billion$627
71Guatemala17,581,472$87.82 billion$68.76 billion$3,911
72Uzbekistan32,981,716$47.89 billion$67.78 billion$2,055
73Myanmar54,045,420$74.97 billion$65.70 billion$1,216
74Oman4,974,986$85.64 billion$63.17 billion$12,698
75Luxembourg615,729$77.44 billion$58.63 billion$95,223
76Costa Rica5,047,561$64.85 billion$57.44 billion$11,379
77Panama4,246,439$72.37 billion$55.19 billion$12,996
78Bulgaria7,000,119$68.49 billion$53.24 billion$7,606
79Uruguay3,461,734$66.75 billion$52.42 billion$15,143
80Croatia4,130,304$63.81 billion$51.23 billion$12,404
81Lebanon6,855,713$56.38 billion$50.46 billion$7,360
82Belarus9,452,411$61.52 billion$47.41 billion$5,015
83Macau640,445$57.57 billion$45.31 billion$70,749
84Slovenia2,078,654$60.64 billion$44.71 billion$21,508
85Libya6,777,452$46.92 billion$42.96 billion$6,339
86Ghana30,417,856$56.73 billion$42.79 billion$1,407
87Lithuania2,759,627$58.22 billion$42.77 billion$15,500
88Tunisia11,694,719$41.96 billion$41.70 billion$3,566
89DR Congo86,790,567$43.66 billion$40.34 billion$465
90Jordan10,101,694$44.79 billion$38.65 billion$3,827
91Serbia8,772,235$51.30 billion$38.30 billion$4,366
92Azerbaijan10,047,718$47.93 billion$37.85 billion$3,767
93Ivory Coast25,716,544$52.98 billion$36.77 billion$1,430
94Turkmenistan5,942,089$46.40 billion$36.18 billion$6,089
95Bolivia11,513,100$43.80 billion$33.81 billion$2,936
96Cameroon25,876,380$41.75 billion$32.22 billion$1,245
97Bahrain1,641,172$39.70 billion$32.18 billion$19,607
98Latvia1,906,743$38.62 billion$27.57 billion$14,461
99Paraguay7,044,636$34.62 billion$27.17 billion$3,856
100El Salvador6,453,553$30.71 billion$26.80 billion$4,152
101Yemen29,161,922$17.45 billion$25.37 billion$870
102Uganda44,269,594$29.69 billion$25.31 billion$572
103Trinidad and Tobago1,394,973$22.53 billion$24.09 billion$17,266
104Estonia1,325,648$33.27 billion$23.34 billion$17,605
105Syria17,070,135-$22.16 billion$1,298
106Honduras9,746,117$24.82 billion$21.52 billion$2,208
107Zambia17,861,030$27.22 billion$21.06 billion$1,179
108Nepal28,608,710$28.75 billion$20.91 billion$731
109Iceland339,031$31.65 billion$20.27 billion$59,787
110Afghanistan38,041,754$22.93 billion$20.24 billion$532
111Cyprus1,198,575$26.36 billion$20.05 billion$16,725
112Cambodia16,486,542$26.63 billion$20.02 billion$1,214
113Papua New Guinea8,776,109$27.41 billion$19.69 billion$2,244
114Bosnia and Herzegovina3,301,000$21.50 billion$16.91 billion$5,123
115North Korea25,666,161-$16.79 billion$654
116Zimbabwe14,645,468$21.07 billion$16.12 billion$1,101
117Laos7,169,455$20.06 billion$15.81 billion$2,205
118Botswana2,303,697$19.27 billion$15.57 billion$6,757
119Senegal16,296,364$21.72 billion$14.60 billion$896
120Georgia3,996,765$17.43 billion$14.33 billion$3,586
121Jamaica2,948,279$15.85 billion$14.06 billion$4,768
122Mali19,658,031$19.25 billion$14.00 billion$712
123Gabon2,172,579$18.10 billion$13.86 billion$6,381
124Palestine4,981,420-$13.40 billion$2,689
125Nicaragua6,545,502$15.50 billion$13.23 billion$2,021
126Mauritius1,269,668$14.22 billion$12.22 billion$9,622
127Albania2,880,917$16.15 billion$11.86 billion$4,118
128Burkina Faso20,321,378$15.87 billion$11.70 billion$576
129Brunei433,285$14.79 billion$11.40 billion$26,311
130Chad15,946,876$12.24 billion$11.27 billion$707
131Bahamas389,482$12.90 billion$11.26 billion$28,915
132Madagascar26,969,307$13.56 billion$11.22 billion$416
133Mongolia3,225,167$13.79 billion$11.16 billion$3,460
134Malta440,372$16.05 billion$11.00 billion$24,976
135Namibia2,494,530$14.07 billion$10.95 billion$4,389
136Mozambique30,366,036$15.02 billion$10.93 billion$360
137North Macedonia2,083,459$13.90 billion$10.75 billion$5,158
138Equatorial Guinea1,355,986$11.39 billion$10.68 billion$7,875
139Armenia2,957,731$12.70 billion$10.57 billion$3,574
140New Caledonia282,750-$9.45 billion$33,407
141Benin11,801,151$12.20 billion$8.89 billion$754
142Guinea12,771,246$11.70 billion$8.48 billion$664
143Rwanda12,626,950$10.53 billion$8.47 billion$671
144Republic of the Congo5,380,508$10.92 billion$7.78 billion$1,446
145Haiti11,263,077$9.75 billion$7.65 billion$679
146Niger23,310,715$10.72 billion$7.53 billion$323
147Tajikistan9,321,018$8.18 billion$6.95 billion$746
148Moldova4,043,263$9.90 billion$6.77 billion$1,675
149Kyrgyzstan6,415,850$8.03 billion$6.55 billion$1,021
150South Sudan11,062,113$2.81 billion$6.53 billion$591
151Monaco38,964-$6.47 billion$165,999
152Liechtenstein38,019-$6.19 billion$162,910
153Bermuda62,506-$6.13 billion$98,028
154French Polynesia279,287-$5.42 billion$19,399
155Eritrea3,497,117$7.72 billion$5.41 billion$1,548
156Malawi18,628,747$7.02 billion$5.32 billion$285
157Fiji889,953$5.79 billion$4.67 billion$5,249
158Mauritania4,525,696$5.54 billion$4.67 billion$1,031
159Barbados287,025$5.52 billion$4.55 billion$15,862
160Togo8,082,366$6.08 billion$4.45 billion$550
161Montenegro627,987$5.86 billion$4.37 billion$6,965
162Maldives530,953$5.17 billion$4.22 billion$7,956
163Eswatini1,148,130$4.64 billion$4.01 billion$3,490
164Cayman Islands64,948-$3.84 billion$59,187
165Sierra Leone7,813,215$3.98 billion$3.67 billion$470
166Guyana782,766$3.91 billion$3.44 billion$4,390
167Suriname581,372$4.23 billion$3.28 billion$5,639
168Curaçao163,424-$3.12 billion$19,100
169Burundi11,530,580$4.53 billion$2.87 billion$249
170Andorra77,142-$2.86 billion$37,054
171Liberia4,937,374$3.53 billion$2.76 billion$558
172East Timor1,293,119$3.03 billion$2.70 billion$2,091
173Aruba106,314-$2.67 billion$25,086
174Greenland56,672-$2.28 billion$40,283
175Lesotho2,125,268$3.06 billion$2.24 billion$1,054
176Bhutan763,092$2.80 billion$2.21 billion$2,900
177Djibouti973,560$2.38 billion$1.89 billion$1,943
178Central African Republic4,745,185$2.33 billion$1.81 billion$382
179Belize390,353$1.99 billion$1.74 billion$4,460
180Cape Verde549,935$2.10 billion$1.64 billion$2,980
181San Marino33,860$1.86 billion$1.59 billion$46,981
182Antigua and Barbuda97,118$1.69 billion$1.46 billion$15,035
183Seychelles97,739$1.66 billion$1.43 billion$14,670
184Saint Lucia182,790$1.82 billion$1.40 billion$7,643
185Somalia15,442,905$8.21 billion$1.32 billion$85
186Comoros850,886$781.00 million$1.15 billion$1,351
187Solomon Islands669,823$1.46 billion$1.13 billion$1,693
188Guinea-Bissau1,920,922$1.73 billion$1.12 billion$584
189Sint Maarten42,388-$1.07 billion$25,292
190Grenada112,003$1.25 billion$1.02 billion$9,073
191Gambia2,347,706$1.16 billion$985.83 million$420
192British Virgin Islands30,030-$971.24 million$32,342
193Turks and Caicos Islands38,191-$917.55 million$24,025
194Saint Kitts and Nevis52,823$1.02 billion$909.85 million$17,225
195Vanuatu299,882$1.02 billion$837.52 million$2,793
196Samoa197,097$920.00 million$822.23 million$4,172
197Saint Vincent and the Grenadines110,589$871.00 million$765.32 million$6,920
198Dominica71,808$542.00 million$581.48 million$8,098
199Tonga104,494$454.00 million$401.46 million$3,842
200Sao Tome and Principe215,056$489.00 million$342.78 million$1,594
201Anguilla14,869-$337.52 million$22,700
202Micronesia113,815$342.00 million$329.90 million$2,899
203Palau18,008$341.00 million$310.25 million$17,228
204Cook Islands17,548-$290.19 million$16,537
205Marshall Islands58,791$211.00 million$183.00 million$3,113
206Kiribati117,606$220.00 million$173.66 million$1,477
207Nauru10,756$114.00 million$103.47 million$9,620
208Montserrat4,989-$62.05 million$12,438
209Tuvalu11,646$45.00 million$36.70 million$3,151
231Western Sahara582,463---
230Wallis and Futuna11,432---
229Vatican City799---
228United States Virgin Islands104,578---
227Tokelau1,340---
226Tanzania58,005,463$61.66 billion--
225Taiwan23,773,876$620.60 billion--
224Saint Pierre and Miquelon5,822---
223Saint Martin38,002---
222Reunion888,927---
221Northern Mariana Islands57,216---
220Niue1,615---
219Mayotte266,150---
218Martinique375,554---
217Isle of Man84,584---
216Guam167,294---
215Guadeloupe400,056---
214Gibraltar33,701---
213French Guiana290,832---
212Faroe Islands48,678---
211Falkland Islands3,377---
210American Samoa55,312---