Top 10 richest countries in 2025

The global economy continues to shift, with some countries maintaining strong financial positions based on GDP per capita. In 2025, Luxembourg remains the richest country, followed by Singapore, according to the latest data from the International Monetary Fund (IMF).

The rankings highlight the role of financial services, energy production, and industrial output in shaping national economies. Countries with strong financial sectors, high-value exports, or energy resources continue to dominate. Emerging economies such as Guyana are benefiting from recent resource discoveries.

GDP per capita, measured at Purchasing Power Parity (PPP), remains a key indicator of economic prosperity. This metric reflects the total value of goods and services produced in a country, adjusted for differences in local costs and inflation. The IMF’s 2025 evaluation provides insights into national wealth distribution and global economic power shifts.

Monitoring these trends offers insights into future economic developments and changes in global wealth distribution. The data underscores disparities in national prosperity, with resource availability, financial sectors, and industrial capacity playing a key role in economic rankings.

According to the International Monetary Fund (IMF), Here are the 10 richest countries by GDP per capita (PPP) in 2024 – IMF as of March 02.

1. Luxembourg – $154,914

Luxembourg ranks first with a GDP per capita of $154,914. The country’s economy benefits from a well-developed financial sector and favourable business environment.

2. Singapore – $153,608

Singapore takes second place with a GDP per capita of $153,608. The country has a strong position in finance, technology, and trade, supporting its economic growth.

3. Macao SAR – $140,245

Macao SAR ranks third with a GDP per capita of $140,245. Its economy is driven by tourism, gaming, and hospitality industries.

4. Ireland – $131,548

Ireland holds the fourth position with a GDP per capita of $131,548. The country has a strong presence in technology, pharmaceuticals, and finance.

5. Qatar – $118,761

Qatar ranks fifth with a GDP per capita of $118,761. The economy relies on natural gas exports and investments in various industries.

6. Norway – $106,540

Norway ranks sixth with a GDP per capita of $106,540. The country benefits from its oil and gas sector and a well-developed welfare system.

7. Switzerland – $98,144

Switzerland stands in seventh place with a GDP per capita of $98,144. The country is known for its banking sector, pharmaceutical industry, and strong exports.

8. Brunei Darussalam – $95,038

Brunei Darussalam ranks eighth with a GDP per capita of $95,038. The economy is supported by oil and gas production.

9. Guyana – $91,383

Guyana takes the ninth position with a GDP per capita of $91,383. The discovery and expansion of oil reserves have contributed to economic growth.

10. United States – $89,677

The United States ranks tenth with a GDP per capita of $89,677. The country’s diverse economy is driven by technology, finance, manufacturing, and services.

Chisom Michael

Chisom Michael is a data analyst (audience engagement) and writer at BusinessDay, with diverse experience in the media industry. He holds a BSc in Industrial Physics from Imo State University and an MEng in Computer Science and Technology from Liaoning Univerisity of Technology China. He specialises in listicle writing, profiles and leveraging his skills in audience engagement analysis and data-driven insights to create compelling content that resonates with readers.

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