Which are the richest countries in the world? Italy out of the top 10

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From Gianmarco Carriol
Published March 4, 2022 • Updated March 3, 2023 3:40 PM

The index The richest countries in the world 2022 describes the fate of the world’s richest countries and shows how the global economy has been affected by the effects of the Covid-19 pandemic and the war in Ukraine. The distribution of wealth between nations has been affected, but some states have managed to counteract the fluctuations thanks to their strong strategic assets.

The ranking of the richest countries in the world varies depending on the parameters analyzed, but taking into account the GDP per capitacurrent prices in US dollars and information from World BankThe following countries occupy the top 10 positions:

  1. monk – $190,512;
  2. Liechtenstein – $180,366;
  3. Luxembourg – $115,873;
  4. Swiss – $87,097;
  5. Macao (Chinese SAR) – $86,117;
  6. Ireland – $85,267;
  7. Norway – $67,389;
  8. United States – $63,543;
  9. Denmark – $61,063;
  10. Singapore – $59,797.

As you can see, all of these countries have very high GDP per capita, exceeding $50,000. Interestingly, the first three countries are all small European countries with strong tax certainties and tax breaks, which global players such as e.g Amazon, Apple, Google and not only.

In addition, the size of a de facto state not only facilitates the use of services, but above all also the distribution of wealth. In fact, the top 20 countries, often with fewer than 10 million people, have per capita incomes that the vast majority of states can never match.

However, the 2022 ranking differs from the previous year. Analyzing the first three positions of the macro geographic areas of 2021, we see:

  • Europe: Luxembourg ($118,001), Ireland ($102,390), Switzerland ($93,520);
  • Asia: Singapore ($97,057), Qatar ($61,790), Israel ($49,840);
  • North America: United States of America ($63,416), Canada ($52,790), Puerto Rico ($34,140).

Comparison of this data with that recorded by the platform in 2020 Our world in data, some important differences are noted. In the 2020 ranking, Italy ranked 33rd with a GDP per capita of just over US$41,902. In 2022, Italy fell even further and placed below the tenth position.

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