Germany
With a GDP of $3.5 trillion, Germany is the largest economy in Europe and one of the largest in the world. Exports also play an important role in the German economy, accounting for 46.1% of national output -- far more than the 28.6% average for all countries.Poorest Asian Countries 2021
- North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651.
- Nepal. Nepal is the second-poorest country in Asia.
- Tajikistan.
- Yemen.
- Kyrgyzstan.
- Cambodia.
- Myanmar.
- Syria.
From 1980 until 2021, Europe's five largest economies have consistently been France, Germany, Italy, Spain and the United Kingdom. Throughout this time period, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year.
GDP (Nominal) per capita Ranking
| Code | Country/Economy | GDP per capita (Nominal) ($) |
|---|
| 2020 |
|---|
| World | 11,057 |
| LUX | Luxembourg | 116,921 |
| CHE | Switzerland | 86,849 |
It's official! Canada is the best country in the world. Canada took first place in the recently released 2021 Best Countries Report from US News & World Report. This is the first time Canada has claimed the top spot in the annual ranking. The country placed second in the 2020 report and was in third place in 2019.
As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from US$7.67 trillion in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race".
In 2020,
Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.
The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)
| Characteristic | GDP per capita in U.S. dollars |
|---|
| Burundi | 253.59 |
Which Countries Have The Lowest National Debt?
| Rank | Country | Debt-to-GDP Ratio |
|---|
| 1 | Macao SAR | 0% |
| 2 | Hong Kong SAR | 0.3% |
| 3 | Zimbabwe | 2.4% |
| 4 | Brunei Darussalam | 3.2% |
Qatar is a World Bank high-income economy, backed by the world's third-largest natural gas reserves and oil reserves. For its size, Qatar wields disproportionate influence in the world, and has been identified as a middle power.
Oil has made Dubai one of the richest states or emirates in the world. The city is the wealthy trading hub for the Gulf and Africa. Even though Dubai has little oil, the black gold has made the city rich. In less than 50 years, Its robust economy has made Dubai an affluent state admired around the world.
Best Countries Overall Rank: 1
- Switzerland.
- Canada.
- Germany.
- Denmark.
- Japan.
- Australia.
- Sweden.
- Netherlands.
1. Iceland. According to the Global Peace Index, Iceland is the safest country globally for the 13th year in a row. Iceland is a Nordic nation with a relatively small population of 340,000.
Italy has a GDP per capita of $38,200 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.
Italians are not richer than Germans or AustriansBut the average Italian household—obtained by dividing the total net wealth by the total number of households—is clearly less wealthy than in Germany or Austria. One of the main reasons for this is that private-property ownership plays a greater role in Italy.
Well below France comes the United States where the median wealth for adults is $65,900 and Germany ($35 313). Credit Suisse estimates that one percent of the richest Germans own 30 percent of the country's total wealth, compared to France and Italy where the richest one percent own 22 percent of the country's wealth.
Northern and Central Italy became prosperous in the late Middle Ages through the growth of international trade and the rise of the merchant class, who eventually gained almost complete control of the governments of the Italian city-states.
The UK has been crowned the world's fifth richest country in the world in a new report that measures the total wealth amassed by each country's individuals. Britain's population holds $9.24 trillion (£6.01 trillion) in private wealth, surpassing France, Italy, Canada and Australia.
GREECE is a relatively wealthy country, or so the numbers seem to show. Per-capita income is more than $30,000 — about three-quarters of the level of Germany. What the income figures fail to capture is the relative weakness of Greece's economic institutions.
Russia has the largest military in Europe, with a total strength of 3,454,000 personnel, making up 24.3 military personnel per 1000 in population.
Norway. Norway tops the UN's list of best countries based on the established criteria of good living standards. Its population has a high life expectancy, the healthcare system is excellent, and the Norwegians have access to quality education.
- United States. #1 in Power Rankings. No Change in Rank from 2020.
- China. #2 in Power Rankings. #3 out of 73 in 2020.
- Russia. #3 in Power Rankings. #2 out of 73 in 2020.
- Germany. #4 in Power Rankings.
- United Kingdom. #5 in Power Rankings.
- Japan. #6 in Power Rankings.
- France. #7 in Power Rankings.
- South Korea. #8 in Power Rankings.
2014-10 Richest countries in Europe
| 1 | Luxembourg | 90,790 |
|---|
| 2 | Norway | 65,461 |
| 3 | Switzerland | 53,672 |
| 4 | Austria | 44,149 |
| 5 | Sweden | 43,533 |
Norway has a GDP per capita of $72,100 as of 2017, while in Germany, the GDP per capita is $50,800 as of 2017.
