When it comes to measuring wealth, looking at a country’s total GDP doesn’t tell the full story. GDP per capita, which divides the nation’s economic output by its population, gives us a clearer picture of how prosperous the average citizen might be. In 2025, small but economically powerful nations dominate the rankings, with Europe and a few Asian financial hubs leading the way.
Here’s a look at the top 10 richest countries (and territories) by GDP per capita this year:
10. Qatar – $71,653
Qatar remains one of the wealthiest nations in the Middle East, with its vast natural gas reserves fueling an impressive GDP per capita.
9. Denmark – $74,969
A strong welfare system, high productivity, and renewable energy leadership keep Denmark among the richest countries in the world.
8. Macao SAR – $76,314
Known for its booming gaming and tourism industries, Macao boasts one of Asia’s highest GDP per capita figures.
7. United States – $89,105
As the world’s largest economy, the U.S. combines innovation, tech dominance, and a strong consumer market to deliver high per-person wealth.
6. Norway – $89,694
Norway’s mix of oil wealth, sovereign wealth funds, and social stability continues to secure its place among the global elite.
5. Iceland – $90,284
With a small population and thriving tourism and fishing industries, Iceland delivers remarkable prosperity per citizen.
4. Singapore – $92,932
The global finance and trade hub remains a model of efficiency, leveraging its strategic location to stay among the world’s richest.
3. Switzerland – $104,896
Switzerland’s financial services, pharmaceuticals, and precision industries support its reputation for wealth and stability.
2. Ireland – $108,919
Ireland’s low corporate tax rates and strong tech sector make it one of the fastest-growing economies in Europe on a per-capita basis.
1. Luxembourg – $140,941
Luxembourg tops the world once again, with its financial services, small population, and strong European ties creating unmatched wealth per person.
Wrapping Up,
These rankings show that wealth isn’t just about big economies like the U.S. or China—it’s also about how efficiently a nation uses its resources and supports its people. In 2025, small, innovation-driven economies like Luxembourg, Ireland, and Singapore prove that size isn’t everything when it comes to prosperity.