List of richest countries in the world 2022: Net worth of the US, China, India, UK, Canada, Japan and More

List of the world’s richest countries in 2022: Let us look at the comprehensive list of the world’s most wealthy nations and learn about each nation’s net worth in this article, which is the 10 top list.

List of the world’s richest countries in 2022: Learn which country has the most wealth in the world in this article. There has recently been a debate about which country is wealthier, the United States or China. In decreasing order, the country’s wealthiest economies or countries are listed below.

France, Canada, The United Kingdom, China, The United States, Germany, Australia, Mexico, Japan, and Sweden are the world’s richest countries.

According to a McKinsey & Co. report, China will have overtaken the United States as the wealthiest country in the world by 2020-21. The report was released after analysing the national accounting records of ten countries that account for more than 60% of global income.

According to the World Bank, Luxembourg has the highest per capita GDP income. According to data for 2022, it will be in front of Singapore and Ireland, which are in second and third places, respectively.

List of the World’s Richest Countries in 2022: A Quick Look at the Top 10 Wealthiest Countries

10- South Korea: According to the IMF, South Korea will have the world’s tenth-largest economy in 2020-21. The country, referred to as the Republic of Korea is located in East Asia.

9- Canada: Following the United States, another North American nation has risen to the ranks of the world’s wealthiest nations. In terms of total area, it is the world’s second-largest country after Russia.

8- Italy: The Italian economy recovered quickly from the global epidemic shock, returning to pre-COVID output levels by late 2021. It is now a nearly 2 trillion dollar economy.

7 – France: A different European country, France, has risen to the top 10 on the rundown of the world’s wealthiest nations. The country is well-known for its fine wines and refined cuisine. Its capital, Paris, is well-known for its clothing companies, classical museums, art galleries, and monuments. According to the IMF, France dropped its stance on GDP analogies last year.

6- India: According to the IMF, India has the world’s sixth-largest economy. According to the most recent IMF projections, the economy was worth $3.18 trillion in the financial period 2020-21 and is predicted to reach $5 trillion by 2027.

5- The United Kingdom: The United Kingdom, a European island nation, comprises four countries: Scotland, Wales, England, and Northern Ireland. The European country is ranked sixth on the lineup of the world’s wealthiest nations. The Indian economy was only 0.1 trillion dollars less than the UK’s, which remained at 3.19 trillion dollars in 2021. By the end of 2022, India is predicted to have surpassed the UK economy.

4- Germany: Formally known as the Federal Republic of Germany, it is Europe’s second-most populous country and the continent’s seventh-largest. Germany ranks fourth among the world’s wealthiest countries.

3- Japan: According to the International Monetary Fund, Japan is the third-wealthiest country in the world. Japan is the world’s eleventh most populous country and one of the world’s most urbanised.

2- China: China is the world’s most populous country. In 2021, it surpassed the United States of America to first place on the list of the world’s wealthiest countries. According to the IMF, it is now the world’s second-largest economy. China, officially known as the People’s Republic of China, is located in East Asia and has five geographical time zones and 14 borders, second only to Russia.

1- United States: Located in North America, the United States is the world’s third largest and most populous country. It has once again surpassed China to become the world’s richest country. The American economy is a competitive economy that fosters an entrepreneurial spirit while safeguarded by a strong framework of autonomous government institutions. Despite accounting for only 4.2% of the world’s population, the United States not only controls overall GDP but also accounts for 30% of global wealth.

Although the United States is the ninth most prosperous country in the world, detractors contend that there is considerable disparity in race, income, universal healthcare, and other areas.

In the United States and China, 10% of families control more than two-thirds of the wealth, and their proportion is growing. According to McKinsey & Co., real estate accounts for around 68% of worldwide net wealth.

The data presented above is also accessible on the IMF’s official website.

List Of Richest Nations In The World 2022 The wealthiest countries in the world as measured by GDP are listed.

The table above shows the rise in the country’s total economy during the fiscal year 2020-21, as well as the IMF’s anticipated nominal GDP in 2022.

The chances of a country ranking among the top ten richest in the world are directly connected to GDP (adjusted PPP) per capita and population. Countries with a real GDP of more than 15 trillion USD, such as the United States and China, have a low wealth distribution per capita due to their large populations.

A unique pattern on the above list of the world’s wealthiest countries is that 9 out of 10 countries have economies entwined with interventionist government policies.

In the United States of America, the government institutions possess essentially no economic assets, and even the Federal Reserve is not wholly owned by the government.