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This is the richest country in the world - according to GDP

This is the richest country in the world – according to GDP

Watch the video: $20.9 trillion annually – this is the richest country in the world.

The United States is the richest country in the world – at least when it comes to GDP. In 2020, the country generated about $20.9 trillion. The People’s Republic of China comes in second with about 14.7 trillion US dollars. But if you divide the GDP by the total population, the USA will suddenly end up in fifth place. Then China ranks 59th among the world’s richest countries. Although GDP is the most important indicator of a country’s economic performance, it does not say much about the prosperity of the population. But per capita GDP. Here, a small European country secures the lead. With $116,921 per capita, Luxembourg is the richest country in the world. Switzerland comes in second with a GDP of $87,366 per capita. Ireland took third place with $85,205 per inhabitant. By the way, Germany is the seventeenth most prosperous country in the world. The per capita GDP in this country is $46,216. For comparison: if the GDP was not divided by the total population, Germany would come in fourth place with a GDP of 3.8 trillion US dollars in 2020.