Neither Ireland nor Singapore, which is the country with the greatest wealth per inhabitant in the world

In 2024, Luxembourg maintains its position as the country with the highest Gross Domestic Product (GDP) per capita in the world.

According to the most recent figures, this small European state leads widely with a GDP per capita of $145,826surpassing other developed nations by a wide margin.

This indicator reflects its robust economy, based on sectors such as banking, insurance and high technology, together with a favorable fiscal framework and a relatively small population that maximize the distribution of wealth.

The ranking of the 10 countries with the highest GDP per capita in 2024:

1. Luxembourg – US$145,826
2. Ireland – US$143,179
3. Singapore – US$138,545
4. Macau – US$125,511
5. Qatar – US$118,148
6. United Arab Emirates – US$96,850
7. Swiss – US$91,930
8. San Marino – US$86,990
9. Norway – US$82,830
10. USA – $85.37

Luxembourg: an exceptional case

This European country combines political stability, a solid financial system and a competitive tax environment, which attract large international corporations and highly qualified professionals. The financial industry represents the pillar of its economy, complemented by activities such as logistics, technology and advanced manufacturing.

The other protagonists of the ranking

• Irelandwith its second position, stands out for being a key technological and pharmaceutical center, attracting multinationals with competitive tax policies.
• SingaporeThirdly, it is known for its trade-oriented economy and its role as a financial hub in Asia.
• Qatar and the United Arab Emirates They reflect economies driven by their vast oil and gas reserves, although with recent efforts to diversify their incomes.

Latin America in comparison

In the Latin American context, Panama It leads the region with a GDP per capita of $44,797, thanks to its economy based on logistics and financial services. They follow him Chili and Uruguaywith figures that reflect its relative economic stability.

Luxembourg and the countries that top this ranking are clear examples of how economic development can be enhanced with appropriate policies and strategic sectors. However, high GDP per capita does not always reflect equality in the distribution of wealth, a challenge present even in the most advanced economies.