Here is the complete list of the top 10 richest countries in the world in 2022:
Whoever said that money can’t buy happiness didn’t know that you can give a higher GDP to a country to make it rich.
According to sources, the richest countries in the world are China, United States of America (US), Germany, France, United Kingdom (UK), Canada, Australia, Japan, Mexico and Sweden.
According to the report, China overtook the United States to become the richest country in the world in 2020-21. The report was published after examining the balance sheets of ten countries that account for more than 60% of the world’s income.
As per World Bank reports, Luxembourg has the highest GDP per capita. Figures for 2022 show Singapore and Ireland in second and third place.
According to the World Economic Outlook published by the International Monetary Fund (IMF), global growth is expected to slow from 5.9 percent in 2021 to 4.4 percent in 2022 – 50% points lower for 2022 than in the October World Economic Outlook. Largely reflecting price cut forecasts in the two largest economies (US and China)
List of the richest countries in the world 2022: 10 richest countries in the world at a glance
10) South Korea
This is the tenth largest economy in the world in 2020-21 according to the IMF. The country known as the Republic of Korea is located in East Asia.
After the USA, another North American country was placed on the list of the richest countries in the world. Canada is the second largest country in the world after Russia in reference to the total area.
The Italian economy made an impressive recovery from the pandemic shock, returning close to pre-Covid output levels in late 2021. It is now a nearly $2 trillion economy.
Another European nation, France, managed to take its place in the top ten list of the richest countries in the world. It is known for its wines. Its capital, Paris, is popular for its modern houses, classical art museums and monuments. France fell last year in terms of Gross Domestic Product (GDP) according to the International Monetary Fund (IMF).
According to the IMF, the Indian economy is the sixth largest economy in the world. The economy stood at 3…18 in the fiscal year 2020-21 and is expected to reach 5 trillion by 2027, according to the latest IMF forecasts.
5) United Kingdom
The United Kingdom, an island nation in Europe, consists of four countries – England, Scotland, Wales and Northern Ireland. The European nation ranks 6th on the list of the richest countries in the world. In 2021, the Indian economy was just $0.1 trillion short of the UK economy of $3.19 trillion. India is expected to cross this mark by the end of 2022, surpassing the UK economy.
Officially known as the Federal Republic of Germany, it is the second most populous country in Europe and the seventh largest on the European continent. Germany is the 4th richest country in the world.
The East Asian island nation is the 3rd richest country in the world according to the International Monetary Fund. Japan is the eleventh most populous country in the world and is among the most urbanized nations in the world.
China is the most populous country on the planet. In 2021, it ranked first on the list of the richest countries in the world, surpassing the United States of America. According to the IMF, it is now the second largest economy. China, officially known as the People’s Republic of China, is located in East Asia and spans five geographical time zones with 14 borders – second only to Russia.
1) United States of America
The United States is located in North America and is the third largest country in the world in terms of size and population. It once again beat China to become the richest country in the world.