14 January 2026 17:01 PM
NEWS DESK
When discussing a country’s economic prosperity, Gross Domestic Product (GDP) growth is often the first indicator that comes to mind, as it reflects the overall size of an economy. However, per capita income provides a clearer picture of citizens’ wealth and living standards, indicating how prosperous people in a country truly are.
Based on analysis of the International Monetary Fund (IMF) data, a list of the world’s top 10 richest countries in 2025 has been compiled, measured by GDP per capita. Here is an overview of the world’s wealthiest nations and the key factors behind their economic success.
Liechtenstein, a small European nation covering just 62 square miles (160 square kilometers), ranks as the world’s richest country in 2025. Despite being the sixth smallest country globally, it boasts an impressive GDP per capita of USD 201,112.
Once an agriculture-based society, Liechtenstein has transformed into an innovation-driven industrial hub. Its economy relies on advanced manufacturing, specialized machinery, dental products, and a robust financial services sector. Close economic ties with Switzerland—whose currency, the Swiss franc, is used—have strengthened long-term stability. Membership in the European Economic Area and the European Free Trade Association provides favorable market access, while strong investment in research and development continues to drive growth.
Singapore’s rise is one of Asia’s most remarkable economic success stories. Once a struggling port city, it has evolved into a global center for trade, finance, and technology.
Since gaining independence in 1965, Singapore has focused on export-led growth, strong governance, and education. In 2025, the country’s GDP per capita stands at USD 156,969. Its economy is driven by manufacturing, financial services, trade, and digital industries. Singapore ranks first on the World Bank’s Human Capital Index, reflecting its highly skilled workforce.
Luxembourg ranks among the top richest countries, with a GDP per capita of USD 152,395.
The country’s economy is dominated by a strong financial services sector. After the United States, Luxembourg is the world’s second-largest investment fund center. Cross-border funds, private banking, and insurance services attract global capital. Additionally, the Luxembourg Green Exchange has listed more than USD 100 billion in sustainable bonds, positioning the country as a leading green finance hub within the European Union.
Ireland’s economic growth has been largely driven by foreign direct investment (FDI), particularly in technology, pharmaceuticals, and financial services.
Membership in the European Union and a highly skilled labor force have further strengthened the economy. Ireland’s GDP per capita in 2025 is USD 147,878.
Qatar’s wealth is primarily based on its vast natural gas reserves. As one of the world’s leading exporters of liquefied natural gas (LNG), the country has used energy revenues to build world-class infrastructure and public services.
Through its National Vision 2030, Qatar is diversifying its economy by expanding tourism, education, and banking. Continued expansion of the LNG sector is expected to further boost growth in the coming years.
Norway is Western Europe’s largest oil and gas producer, supplying significant petroleum resources to the region. In 2025, Norway’s GDP per capita stands at USD 106,694.
Rather than spending oil revenues immediately, the Norwegian government invests nearly all petroleum income into a sovereign wealth fund, which exceeded USD 2 trillion in assets in 2025—the largest such fund in the world. Strict fiscal rules allow only limited annual withdrawals, helping control inflation and preserve wealth for future generations.
Switzerland is renowned not only for its natural beauty but also for its stable and prosperous economy.
Political neutrality, strong institutions, and high-value exports underpin its wealth. Precious metals, machinery, computers, and medical devices contribute significantly to export earnings. Switzerland’s GDP per capita is USD 97,659.
Brunei’s small population and strong energy sector have resulted in high per capita income. In 2025, its GDP per capita is USD 94,472.
In 2024, Brunei achieved economic growth of 4.2 percent—the highest since 1999—driven largely by oil and gas production. The country has emerged as one of ASEAN’s faster-growing economies.
Guyana has rapidly become one of the world’s fastest-growing economies, ranking ninth among the richest countries with a GDP per capita of USD 94,189.
Recent offshore oil discoveries have transformed Guyana from a low-income country into a major oil exporter. Strong GDP growth, low debt levels, and disciplined management of natural resource revenues are supporting investments in infrastructure and human development.
The United States remains the world’s largest economy by total GDP and also ranks among the top 10 countries by GDP per capita, at USD 89,598.
An innovation-driven economy powers U.S. growth, with technology, financial services, healthcare, and advanced manufacturing playing leading roles. World-class universities, deep capital markets, and high productivity enable the U.S. to maintain its position among the world’s wealthiest nations despite its large population.
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