TOP 10 RICHEST COUNTRIES IN WORLD
List of the world's richest countries in 2022: Let's look at the full list of the richest countries in the world in this article and learn about each one's net worth, which is the top ten list.
Whoever argued that money cannot buy happiness was ignorant of the fact that it may increase a nation's GDP, making it richer.
According to McKinsey & Co., China, the United States, Germany, France, the United Kingdom, Canada, Australia, Japan, Mexico, and Sweden are the top eight richest countries in the world.
According to a survey published by McKinsey & Co., China had surpassed the United States to become the wealthiest country in the world in 2020–21. After reviewing the national financial statements of ten nations accounting for more than 60% of global income, the report was released.
The nation with the greatest GDP per capita, according to the World Bank, is Luxembourg. It will overtake Singapore and Ireland in second and third place in 2022, according to the data.
Top 10 richest countries in the world at a glance, according to the year 2022
10. South Korea
According to the IMF, this will have the tenth-largest economy in the world by 2020–21. The nation, often known as the Republic of Korea, is located in East Asia.
8. Italy
By the end of 2021, the Italian economy had made a tremendous comeback from the pandemic shock, with output nearly reaching its pre-COVID level. The economy is currently over two trillion dollars.
7. France
France, another country from Europe, has managed to climb the list of the world's richest countries to be in the top ten. The nation is well known for its fine wines and elegant cuisine. Paris, the country's capital, is renowned for its monuments, museums, and fashion houses. According to the IMF, France dropped one spot in GDP comparisons last year.
6. India
According to the IMF, the Indian economy is the sixth-largest in the world. According to the most recent IMF projections, the GDP would reach the 5 trillion dollar barrier by 2027 from its fiscal year 2020–21 level of 3.18.
5. United Kingdom
England, Scotland, Wales, and Northern Ireland make up the United Kingdom, an island nation in Europe. On the list of the richest countries in the world, the European country comes in at number six. The UK economy, which was valued at 3.19 trillion dollars in 2021, was just 0.1 trillion dollars larger than the Indian economy. By the end of 2022, India is anticipated to cross this threshold and surpass the UK's economy.
4. Germany
It is the second-most populated country in Europe and the seventh-largest on the continent of Europe, and its official name is the Federal Republic of Germany. When it comes to the richest country in the world, Germany comes in at number four.
3. Japan
According to the International Monetary Fund, the island nation of East Asia is third on the list of the richest countries in the world. Japan is one of the world's most urbanized countries and the ninth most populous country overall.
2. China
The world's most populated country is China. In 2021, it surpassed the United States of America to take the first spot on the list of the richest countries in the world. The IMF currently rates it as the second-largest economy. China, also known as the People's Republic of China, is the second-largest country in the world by number of borders (behind Russia), is located in East Asia, spans five time zones, and has 14 time zones.
1. United States
The United States, which is in North America, is the third-largest country in the world by both area and population. It has once more defeated China to overtake it as the richest nation on earth.
In both the US and China, 10% of households possess more than two thirds of the wealth, and their share is steadily growing. According to McKinsey & Co.'s calculations, real estate accounts for about 68% of the world's net wealth.
The IMF's official website also has access to the information mentioned above.
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