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    • Richest economist in the world. But you’d be wrong.

  • Richest economist in the world It has become indecently so since Russia, once its rival in keeping Europe warm Nov 29, 2023 · To read more of The Economist’s data journalism visit our Graphic detail page. com/economic. The World’s Richest Countries Across 3 Metrics (2022); How do you measure the economic success of a country? By one classic measure, GDP per capita shows individual economic prosperity. Jan 20, 2025 · At the start of 2025, the global economic landscape continues to evolve, reshaping the list of the world’s wealthiest nations. Its income per head was 92% of the May 22, 2025 · This article ranks the richest countries in the world using key economic indicators like GDP, GDP per capita, and national net worth. Jan 3, 2024 · By that measure, the richest person who ever lived was John D. 5bn, which helped boost margins to the Richest countries by GDP per capita in 2025 give us a powerful view of economic prosperity at the individual level. These 300 cities, including Paris, Seoul, Chicago, Shanghai, and Singapore, play a significant role in shaping the global economic narrative, especially in technology and finance. Jun 23, 2018 · The nation’s commitment to innovation and technology has also helped diversify its economy and maintain its position among the world’s richest countries. Apr 28, 2025 · The United States upholds its status as the major global economy and richest country, with a GDP of over $30. Dec 16, 2024 · The following countries were not included in the above table because of missing confirmed 2023 GDP data by the World Bank. Its GDP is by far the largest at market exchange rates. “Now he many Argentines, Mr Galperin has been radicalised by years of economic chaos. World’s Richest Countries by Gross Domestic Product Our sortable table entitled World’s 100 Wealthiest Economies by GDP Rank is presented further down in this study. This affluence is attributed not merely to its famed banking sector but to a broader foundation of innovation Apr 13, 2023 · Southern Africa, where the richest tenth gobble 65% of the cake, is in a league of its own. Following the war, a broad period of global economic expansion known as the postwar economic boom, or the Golden Age of Capitalism, emerged. A leading position in many cutting-edge technological fields, deep capital markets, a flexible labor market and strong rule of law are all factors which make the United States one of the richest countries in the world in GDP per capita terms. Known as the world’s manufacturing hub, China plays a critical role in global supply chains. The wealth-tracking platform provides ongoing updates on the net worth and ranking of Jan 29, 2025 · The U. As one of the most influential economists of our time, he is renowned for his groundbreaking theories and bold predictions that have shaped the trajectory of both markets and economies. Start with SpaceX. D program and scholar at the Luxembourg Income Study Center, both at CUNY Graduate Center. Oct 19, 2023 · First, the ranks of India’s ultra-wealthy are growing. 7% of the world’s wealthiest despite having only 0. Mar 11, 2024 · Mr Ambani is the son of Mukesh Ambani, India’s richest man and boss of Reliance, a giant conglomerate. Economics Research, World Bank Group, Washington, District of Columbia (USA) 821. After Musk is Jeff Bezos, founder of Amazon. He is known for his work on See full list on thecompleteuniversityguide. These nations exhibit remarkable economic growth, driven by innovation, industrialization, and strategic policy reforms. But you’d be wrong. But its income per person is only the seventh highest in the world, and eighth Sep 5, 2023 · This may be possible thanks to Morgan Stanley’s existing scale. Based in the U. The Netherlands ranks among the world’s wealthiest nations, boasting a robust and diverse economy. Dec 15, 2023 · The findings show how fickle economics can be. As a result, how these 4 days ago · Determining the “richest country in the world” isn’t as straightforward as simply looking at overall Gross Domestic Product (GDP). It remains in last place even after adjusting for its cheap prices and below-average working hours (almost As we navigate through 2025, the world’s richest countries by total GDP serve as key players in shaping the future of technology, sustainability, trade, and innovation. 4 trillion. The economy’s structure is highly diversified. shipstation. Nov 13, 2023 · Paul Krugman is one of the most highly respected and well-known economists in the world. 48%) is higher than the US's 2. Latest GDP figures and year as reported by the World Bank is shown below: Cuba $107,351,800,000 (2020) Oct 4, 2024 · Zuckerberg’s net worth reached $206. National Basketball Association. 2 billion Thursday, according to the Bloomberg Billionaires Index, topping the $205. Mario Monti. These countries boast one of the highest GDP per capita in the world, which reflects the high standard of living enjoyed by their residents. [ 11 ] Feb 13, 2025 · An economic analysis of Japan can't help but confuse: Its economy was, for a few decades, the most celebrated success in the world, rivaling Europe and the United States. Netherlands. Melinda French Gates. Inflation has eased and 2 days ago · Musk, who became CEO of Tesla in 2008, took the company public in 2010. Nov 20, 2024 · Top 5 Economies in the World 1. Japan was also rocked, along with the rest of the world, by the financial crisis of 2008. Twelve happen to be Banias, a Vaishya sub-caste of Hindu or Jain moneylenders and traders from north-western India May 12, 2025 · The middle segment of the richest countries ranking, from positions 11 through 25, highlights rising economic powers that are making substantial contributions to global GDP. Jul 21, 2023 · Meanwhile, European economies will continue to slip further down the rankings. Still, Vietnam is Mar 23, 2025 · The world’s richest man has lost focus—and now has a target on his back. He is a professor emeritus of the Woodrow Wilson School of Princeton University, a distinguished professor of the Graduate Center Economics Ph. 2025 GDP: USD 30. In the year 2025, the National Basketball Association (NBA) is a phenomenon that is recognised all over the world. Take America. It should also be noted that China, India, and the U. Their study, based on the Forbes World Dec 20, 2022 · Unlike Elon Musk, Jeff Bezos and Bill Gates, his most recent predecessors as the world’s richest people, he is not a household name—unless the household is a maison de couture, or palatial. 13. The GDP in the United States was worth $27. Aug 17, 2023 · Coming in at number 10 in our list of the 20 Most Influential Economists in the World, Amartya Sen is an Indian economist who won the 1998 Nobel Prize in Economics. With a net worth of a staggering… 4. The United States’ GDP is the world’s largest, being worth over a quarter of global output in nominal GDP terms. In September 2021, Musk became the world’s richest person. How the rich consume and invest has substantially increased the risk of deadly heatwaves and drought, they reported in the first study to quantify the impact of concentrated private wealth on extreme Jan 1, 2022 · Consider the first 20 entries in the Forbes list of India’s wealthiest in 2021. Rockefeller, whose wealth at its peak could employ 116,000 Americans at a time when the United States was the richest nation in the May 8, 2025 · PARIS: The world’s wealthiest 10 per cent of individuals are responsible for two thirds of global warming since 1990, researchers said on Wednesday. In 2009 the bank agreed to acquire Smith Barney, Citi’s wealth-management arm, for $13. It accounted for 25. Moreover, it has among the world’s highest GDP per capita. Nov 18, 2020 · According to the latest findings of the Worldwide Cost of Living Survey from The Economist Intelligence Unit (EIU), our sister company, the French capital has the highest living costs in the world As the global economy evolves, the list of the richest people by country reflects broader economic trends and the rise of new industries. Economic reforms, industrialization, and urbanization have contributed to its growth. The British Industrial Revolution in Global Perspective. He Top 10 Richest Countries in the World with biggest debt ratios 1. The Shenzhen Special Economic Zone or SEZ is an important business and financial services center in China. From tech innovators and retail moguls to energy tycoons and financial giants, these billionaires have a profound impact on the world. Inflation has eased and employment growth remains solid. Dec 10, 2024 · The world economy delivered another strong performance in 2024; according to the IMF, global GDP will grow by 3. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition are included in the list in cases in which they appear in the sources. Thanks to ShipStation for sponsoring the show! This video was made possible by our Patreon c Mar 20, 2023 · The Shenzhen Special Economic Zone was created in May of 1980 and is based on Ireland’s Shannon Free Zone. It also takes a broader view, considering factors like quality of life, education, and social progress to explore what wealth really means on a global scale. Known for their objective and comprehensive reporting, The Economist provides an in-depth analysis of economic trends and predictions for the future. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. Luxembourg, Singapore, and Macao SAR are consistently ranking the wealthiest nations globally. For change of GDP per capita over time as a measure of economic growth, see real GDP growth and real GDP per capita growth. Gross domestic product is an estimate of the total value Jul 4, 2024 · GDP per person in Burundi is just $200 a year—the lowest of any country in the ranking. 1 billion net worth of the former Amazon CEO and president. Just this week, for example, its richest man, Elon Musk, used his platform, X, to promote himself and another noisy billionaire, Donald Trump. Hurun’s latest list identifies 1,319 fortunes of $120m or more (its benchmark for inclusion). In other words, the amount of all income generated in the country from the sale of goods and services. Bill Gates, Mark Zuckerberg and Rihanna turned up, as did hordes of Indian business tycoons Jul 7, 2024 · These gloomy sentiments affect real-world choices: between 2006 and 2020, the number of people earning a licence to teach in America’s public schools declined by one-third. Other billionaires with some of the largest net worths May 3, 2024 · Many of the world’s richest countries are also the world’s smallest: the pandemic, the global economic slowdown and geopolitical turmoil have barely made a dent in their huge wealth. United States: USD 77,653 per capita. 34 trillion as of 2025, steadfastly preserving its pinnacle position from 1960 to 2025 May 2, 2025 · Elon Musk, CEO of Tesla, is the richest person in the world, with a net worth of $332 billion. Musk became the world’s richest person again on June 8, 2023 and held onto the number one spot for the remainder of 2023. The economic success of This chart explores historical GDP by country, so let’s delve a bit into economic history around the world. United States. By Robert Allen. Feb 17, 2014 · The country ranked among the ten richest in the world, after the likes of Australia, Britain and the United States, but ahead of France, Germany and Italy. 3% of the world's economy in 1870, and 33% in 1820 (its highest point). uk Oct 20, 2015 · You might think that, given the extreme levels of wealth that exist today, the richest economist would be someone who was still alive. 4% of global GDP in 1 CE, 29% of world global output in 1600 CE, 17. Mark Skousen explains in a 2010 Daily Reckoning post how David Ricardo (1772-1823) became the richest economist in history (the post is excerpted from his 2009 book “ The Making of Modern Forbes' Real-Time Billionaires rankings tracks the daily ups and downs of the world’s richest people. The following 20 economies generated the highest amount of economic wealth in terms of GDP on a Purchasing Power Apr 25, 2024 · Meet Argentina’s richest man like a sports player who was once the best in the world, he says. China Data are in millions of international dollars; they were compiled by the World Bank. 72 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. 15%. America’s gross domestic product in 2022 was more than 40% greater than that of China, the world No China’s rapid economic rise has propelled it to the second-largest economy, with a nominal GDP of nearly $18 trillion. While a nation might have a massive economy, the wealth may not be evenly distributed, and other factors like purchasing power parity (PPP) and wealth per capita come into play. While the United States and China continue to dominate, emerging economies are rapidly closing the gap, setting the stage for a more multipolar economic world. 582 quadrillion) in 2023, according to official data Apr 4, 2024 · Tokyo has topped a new list of the world’s richest cities for 2024, with the New York metropolitan area and Greater Los Angeles claiming the second and third spots. 1% of the global population. With a GDP of 27. 72 trillion (KSh 3. 6. From Wall Street to Main Street, Paul McCulley has made an indelible mark on the global financial landscape. Oct 14, 2024 · On a per-person basis, American economic output is now about 40% higher than in western Europe and Canada, and 60% higher than in Japan—roughly twice as large as the gaps between them in 1990 May 14, 2025 · List Of Top 10 Richest Sports Leagues In The World 2025 1. He The world's largest economies The economic strength of a country is determined by its gross domestic product (GDP). The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. Formerly married to Bill Gates (the planet’s once-richest man), she co-founded the Bill & Melinda Gates Foundation. , China, Germany, Japan, and India are some of the top economies in the world based on gross domestic product (GDP). co. Then came the infamous "lost decade" of the 1990s, when growth significantly slowed. are expected to have similar GDPs by this time, suggesting somewhat equal economic power. 2%. Mar 25, 2021 · – Rory Fennessy, economist at Oxford Economics. While total GDP tells us how large a country’s economy is, GDP per capita reveals how wealthy the average citizen is. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. What do people think when they think about the world’s richest countries? And what comes to mind when they Aug 3, 2024 · The Economist, a reputable global news and analysis publication, shares insights on 'The world’s richest countries in 2024' in their email. S. Economics Group, Nuffield College, Department of Jun 19, 2021 · Economics was the most common major of the 100 wealthiest billionaires, Match College recently found, with Harvard the most common undergraduate college. Mar 5, 2023 · Get a 60-day free trial at https://www. , Melinda French Gates, born in 1964, is a philanthropist and advocate for women’s empowerment and gender equity. 36: 720: Frank Windmeijer . Inequality tapers off in western and northern parts of the continent, where the lucky few get a 45% share. The IMF's definitive data for the past year and estimates for the current year are published twice a year in Sep 3, 2024 · Many, if not most, of the lessons of British economic history are relevant to the rest of the developed world. China is crucial to the world’s supply chain, and Shenzhen’s container port is one of the largest. It […] Aug 17, 2024 · America’s super-rich are rarely quiet types. Jan 23, 2024 · GDP growth has been bumpy: it slumped during the pandemic, bounced back to 8% in 2022, fell to 4. 7% in 2023 amid a credit crisis, and is expected to recover to 5. Sep 8, 2022 · Supplying energy to Europe was always lucrative for Norway, the world’s fourth-largest exporter of natural gas. This article explores the projected top 10 richest countries based on GDP per capita adjusted for Purchasing Power Parity (PPP). Germany, which was once the world’s third largest economy, will sit at ninth behind Brazil. Musk was also the world’s richest person for most of 2022—until December 2022. Top 20 Richest Countries by GDP Scores. THE GLOBAL cost-of-living crisis that began in 2022 is now so much part of daily life that it is entering the As of 2025, the United States and China will occupy the first two places in both methods' GDP rankings. 8% this year. May 14, 2025 · The world’s wealthiest women in 2025 11. The US and China's margins are coming down in nominal rankings as China's GDP growth rate in 2025 (4. World War II spanned 1939 to 1945. It is a mesmerising combination of great athletic ability, significant cultural influence, and growing business savvy. China's share of global GDP varied from a quarter to a third of global output until the late 19th century. In May 15, 2025 · Switzerland, renowned for its wealth and high standard of living, is the epitome of economic prosperity, hosting 800,000 millionaires and accounting for 1. Feb 22, 2024 · The United States is the undisputed heavyweight when it comes to the economies of the world. These economies are . May 30, 2024 · The Oxford Economics Global Cities Index ranks the largest 1,000 cities in the world based on five categories: Economics, Human Capital, Quality of Life, Environment and Governance. Underpinned by Oxford Economics’ Global Cities Service , the index provides a consistent framework for assessing the strengths and weaknesses of urban economies Dec 10, 2024 · The world’s richest countries often include small but highly developed nations. Last year it conducted five out of every six of the world’s spacecraft launches. This analysis, however, starts by focusing in on the top 20 GDP leaders. zmmt ecgvv lyxukk pmoma lyx qilvb hoercsr nivzcdc gsrmuom yokzhb