There are many ways in which the wealth of a country can be measured, so what determines the world’s richest countries?
Projections from the International Monetary Fund, which looks ahead for 2024, break down the world’s richest countries based on GDP per capita in US dollars.
The financial metric breaks down the total economic output of a country divided by its population and is used by economists to analyse the prosperity and productivity of a country.
Small countries with developed economies tend to have the highest GDP per capita, though this isn’t always the case as our list of the world’s top 15 richest countries shows.
The financial metric breaks down the total economic output of a country divided by its population and is used by economists to analyse the prosperity and productivity of a country.