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- The United States will have the highest GDP in 2021 and will be the richest country in the world.
- China is the second richest country in the world with a GDP of $17.734 trillion.
- Monaco is the richest country in the world as measured by GDP per capita.
According to Investopedia, economic wealth could become a key statistic for measuring whether a country is growing and moving forward economically. Gross domestic product trends can also be used to identify recessions.
Another measurable statistic for tracking a country’s success is GDP per capita. It calculates a country’s GDP, but also considers its population, so you can drill down into the economic power of each citizen.
Which country is the richest in the world? Where does the United States stand? what about China?
I’m just curious :We are here to solve your everyday life questions.

Which country is the richest in the world by GDP?
According to the World Bank Group, the United States will be the richest country in the world by GDP as of 2021. The US GDP is $22.996 trillion and the GDP per capita is $69,287. According to Investopedia, the US accounts for her 23.93% of the total global economy.
The World Bank Group lists China as the second richest country in the world by 2021, with a GDP of $17.734 trillion and a per capita GDP of $12,556.3. China accounts for her 18.45% of the total global economy. The two richest countries in the world together account for her 42.38% of the global economy.
Japan is the third richest country in the world by GDP, with a GDP of $4.937 trillion and a GDP per capita of $39,285.2.
According to the International Monetary Fund, GDP is “the monetary value of final goods and services produced in a country over a specified period of time (eg, a quarter or a year).” GDP is commonly used to measure the economic wealth of a country.
Which country is the richest in the world by GDP per capita?
According to the World Bank Group, Monaco is the richest country in the world as measured by GDP per capita. Monaco’s GDP per capita is $173,688.20 based on the latest 2020 values.
Based on 2019 figures, Liechtenstein’s GDP per capita was $169,049.20, making it the second richest country in the world when calculating GDP per capita.
Luxembourg is the third richest country in the world when GDP per capita is calculated. As of 2021, it was $135,682.8.
According to Investopedia, GDP per capita stands for “a country’s economic output per capita” and is found by dividing a country’s GDP by its population.
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Who are the richest people in the world?
Elon Musk is the richest person in the world with a net worth of $254 billion as of August 2022, according to the Bloomberg Billionaires Index.
According to Business Insider, Elon Musk is the CEO of several companies, including Tesla, SpaceX, and Neuralink, which have reached a market cap of $1 trillion.
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