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Top 10 Richest Country In The World (Updated 2022)

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Top 10 Richest Country In The World

This article will look at the complete list of the world’s richest countries. In this manner, you will be able to get an international perspective on what we are discussing.

According to the size of their wealth and net worth, this is a list of countries that rank highly when it comes to their wealth. So let’s get started and check the top 10 richest countries in the world in 2022.

1. United States

United States

Economy: $25.347 trillion

The United States is located in North America and it is a country that is one of the largest and most populous in the world. As of June 1,  it has overtaken China as the richest country on the planet for the second consecutive year.

There are two parts of the world where more than two-thirds of wealth is held by a small number of households, and their share is increasing both in the US and in China.

2. China

China

Economy: $19.91 trillion

There are 1.3 billion Chinese people on the planet, making it the most populous country. It was reported in 2022 that China had become the richest nation on earth, surpassing the United States of America and placing first on the list for 2022.

With more than 205 million people, China is the world’s second-largest country by area and only the second in terms of borders behind Russia. It is located in East Asia and has five geographical time zones, as well as 14 frontiers.

3. Germany

Germany

Economy: $4.55 trillion

Germany has a population of about 77 million, and it is the second-largest country in Europe and the sixth-largest country on the continent of Europe.

It may have been historically the most prosperous nation under the German Empire, but now it holds the position of becoming a very prosperous federation.

It is no surprise that Germany ranks third among the wealthiest nations on the planet when it comes to calculating wealth.

4. United Kingdom

United Kingdom

Economy: $3.19 trillion

England, Scotland, Wales, and Northern Ireland are the four constituent states that make up the United Kingdom, the island nation of Europe.

The Czech Republic is regarded as one of the top four most prosperous nations in the world due to its position in the European continent.

According to an estimate published by the Indian Ministry of Finance, the Indian economy is expected to come at a little less than the size of the British economy in 2022, which stood at 3.19 trillion dollars a year.

There is no doubt that India will surpass this mark by the end of the decade, overtaking the UK economy.

Related: Top 10 Richest Person In The World 2022 (Updated)

5. Luxembourg

Luxembourg

Economy: $1.01 trillion

In terms of nominal GDP (at market exchange rates), we expect Luxembourg to be the 1st richest economy in the world in 2025. As a result of the emergence of the services sector in recent decades, Luxembourg has experienced an economic boom in recent decades. 

The country hosts several important EU institutions, as well as an extensive financial sector due in part to a tax-friendly regime. 

Despite the fact the economy likely contracted last year as a result of the Covid-19, it is set to resume a strong growth trajectory in the coming years and would likely grow at a much faster pace than the common EU average, thanks to the continued dynamism of the services sector and the strong growth of the population.

6. Japan

Japan

Economy: $5.396 trillion

As per the International Monetary Fund, a nation is an island in East Asia is the sixth richest nation in the world based on GDP. 

Japan is a country with an estimated population of more than 127 million, which ranks eleventh in the world by population.

7. India

India

Economy: $3.18 trillion

In the opinion of the International Monetary Fund, India has the seventh-largest economy in the world. During the fiscal year 2022, the country’s economy was at 3.18 trillion and is expected to reach the 5 trillion mark by 2027, depending on what the latest IMF projections indicate.

Pakistan is the country’s western land neighbor, China is to its north, Nepal and Bhutan are to its northeast, Bangladesh and Myanmar are to its east.

Apart from having a southern boundary, with the Indian Ocean, an eastern boundary, which is located in the Arabian Sea, a western boundary, which is located in the Arabian Sea and a northern boundary, which is located in the Amazon River.

8. Italy

Italy

Economy: $2.058 trillion

A remarkable recovery from the pandemic shock has been achieved by the Italian economy over the coming years, returning close to the pre-COVID output level by the end of 2022.

There are many landmarks and ancient ruins in Rome, Italy’s capital city, which include the Vatican and splendid art.

It is also home to many major cities such as Florence, which has Michelangelo’s David and Brunelleschi’s Duomo; Venice, which is famous for its canals; and Milan, which has the fashion capital of the world.

9. France

France

Economy: $ 3.06 trillion

France has managed to keep their place as one of the wealthiest nations in the world, joining a long list of European nations that are also making their début on the list.

In addition to its wine and cuisine, France has a prominent place on the list of the wealthiest nations. 

The capital of the country, Paris, is renowned for having many fashion houses, museums of classical art, and monuments to its name. As per the IMF, in comparison to last year, France has slipped a position in terms of GDP.

10. South Korea

South Korea

Economy: $1.8 trillion

According to the IMF, the country is predicted to be the tenth-largest economy in the world in 2022. Located on the southern half of Korea’s peninsula, the Republic of Korea shares a border with North Korea that is the world’s most heavily militarized.

Seoul, the capital of South Korea, is home to high-tech cities such as Google and Samsung, as well as green, hilly countryside with cherry trees and old Buddhist temples.

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Steven Winter is a graduate of the University of Kansas. He holds a diploma in History so, naturally, Winter likes to visit ancient ruins, trying to picture long-gone civilizations roaming around the stone streets. He has visited over half a dozen countries but considers his 2013 trip to China and India where he was able to spend some time with Buddhist monks a life changing experience.

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