Wealthiest Nations in 2025: Where Does India Stand?

A few nations dominate the global economic landscape, with a high gross domestic product (GDP) per capita serving as a key indicator of economic prosperity. GDP per capita measures the total value of goods and services produced within a country, divided by its population. While this metric does not account for income inequality or variations in the cost of living, it remains a widely used benchmark to assess economic performance and living standards. Based on the latest World Bank report, here is an overview of the wealthiest countries in the world and India's position in the global economic ranking.

Singapore holds the position as the world's wealthiest country, with a GDP per capita of $141,553. The nation’s economic strength is rooted in its strategic role as a global financial hub, its pro-business policies, and a well-developed infrastructure that supports key industries such as finance, logistics, and biotechnology.

Luxembourg follows closely with a GDP per capita of $139,106. The European country benefits from a strong financial sector, a favorable business environment, and an influx of foreign investments. Its stable economy and high standard of living contribute to its position among the world’s richest nations.

Qatar ranks third with a GDP per capita of $128,919. The country has leveraged its vast oil and natural gas reserves to build a robust economy. In recent years, it has also focused on diversifying into infrastructure and tourism projects to reduce dependence on hydrocarbons.

Ireland has emerged as a major economic player, with a GDP per capita of $124,578. The country has seen rapid economic growth due to its attractive corporate tax policies, which have drawn multinational corporations, particularly in technology and pharmaceuticals. Foreign direct investment has played a crucial role in Ireland’s economic expansion.

Macao, a special administrative region of China, has a GDP per capita of $116,491. The region’s economy is largely driven by gaming and tourism, with casino revenues contributing significantly to local income levels. As one of the world’s top gambling destinations, it attracts visitors primarily from mainland China.

Norway ranks high among the wealthiest nations, with a GDP per capita of $100,668. The country has effectively managed its oil and gas resources, ensuring long-term economic stability. Sustainable practices and investments in renewable energy have further strengthened its economic position.

Switzerland, known for its stable economy, has a GDP per capita of $89,315. The country’s wealth is supported by a strong banking sector, precision engineering, and advanced manufacturing industries. Switzerland remains a global leader in financial services and high-tech innovation.

Brunei, with a GDP per capita of $85,268, has witnessed substantial economic growth over the past few decades. The small Southeast Asian nation’s economy is primarily driven by oil and gas production, which has contributed to its high-income levels.

The United States, one of the largest economies globally, has a GDP per capita of $82,769. The country’s economic strength is derived from technological advancements, a diverse industrial base, and strong consumer demand. Key sectors such as IT services, healthcare, and finance play a significant role in its overall economic output.

Iceland, with a GDP per capita of $76,159, benefits from abundant natural resources, particularly in renewable energy. The country has capitalized on its geothermal and hydroelectric power capabilities, while tourism also serves as a major contributor to economic growth.

India ranks 122nd globally, with a GDP per capita of $10,166. Despite being the world’s fifth-largest economy in terms of total GDP, its per capita income remains lower due to its large population. The country has experienced rapid economic expansion in recent years, driven by growth in technology, manufacturing, and services. However, it still lags behind smaller nations when measured by individual wealth.