Thursday, July 31, 2025

The Truth Banishes Fear!

The 25 Richest Countries in the World (Depending on What’s Measured)

Abiola Olawale
Writer

Ad

Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement

The United States and European Union officially reached a tariff agreement on Sunday, averting a potentially crippling transatlantic trade war. Following months of contentious negotiations, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump’s Turnberry golf resort in Scotland.   The announcement sent oil prices higher on…

Tinubu Names Olumode Samuel Adeyemi as New Federal Fire Service Chief

By Hamilton Nwosu  President Bola Ahmed Tinubu has appointed Deputy Controller-General (DCG) Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service (FFS), effective August 14, 2025.   The announcement was made in a statement by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), signed by its secretary, Abdulmalik Jibrin.  …

Street Renaming: Fashola Warns, Urges Lagos to Protect Historical Legacy

By Hamilton Nwosu A former Lagos State Governor and former Minister of Works, Babatunde Fashola, has called for the preservation of Lagos’s rich historical heritage amid ongoing controversies surrounding streets naming and renaming in the state Speaking at the public presentation of Discover Lagos State: A History Puzzle Book (Volume 1) at the Civic Centre,…

Ad

Key Takeaways

Luxembourg’s immense output per person ($141K GDP per capita) masks much of its non-resident workers.

Qatar’s oil windfall lifts GDP per capita ($72K) but that hasn’t spread into broader wealth, unlike Australia or Belgium.

English-speaking countries translate middling GDP per capita into high median wealth through property ownership and strong pension systems.

Generating national wealth and distributing it to households are distinctly different economic challenges.

What Each Metric Shows:

GDP Per Capita: Reflects total economic activity in a country in a single year, divided by the population.

GNI Per capita: Reflects how much income earned per resident, rather than just what is produced within the country’s borders.

UBS’s median wealth per adult: Reflects the median net worth of adults in the country (all assets and investments minus their debts) built over time instead of in a single year.

As UBS puts it: median wealth is simply the level at which half the population is better off and the other half is worse off.

It is possible that no one in a country actually possesses the listed median wealth figure.

Dataset

Rank GDP Per Capita USD 2025 GNI Per Capita USD 2024 Median Wealth Per Adult USD 2024

1 🇱🇺 Luxembourg $140.9K 🇧🇲 Bermuda $140.3K 🇱🇺 Luxembourg $395.3K

2 🇮🇪 Ireland $108.9K 🇳🇴 Norway $98.3K 🇦🇺 Australia $268.4K

3 🇨🇭 Switzerland $104.9K 🇨🇭 Switzerland $95.9K 🇧🇪 Belgium $253.5K

4 🇸🇬 Singapore $92.9K 🇱🇺 Luxembourg $91.5K 🇭🇰 Hong Kong $222.0K

5 🇮🇸 Iceland $90.3K 🇺🇸 U.S. $83.7K 🇩🇰 Denmark $216.1K

6 🇳🇴 Norway $89.7K 🇮🇸 Iceland $78.5K 🇳🇿 New Zealand $207.7K

7 🇺🇸 U.S. $89.1K 🇮🇪 Ireland $77.9K 🇨🇭 Switzerland $182.2K

8 🇲🇴 Macao $76.3K 🇶🇦 Qatar $76.7K 🇬🇧 UK $176.4K

9 🇩🇰 Denmark $75.0K 🇸🇬 Singapore $74.8K 🇨🇦 Canada $151.9K

10 🇶🇦 Qatar $71.7K 🇩🇰 Denmark $73.8K 🇫🇷 France $146.0K

11 🇳🇱 Netherlands $70.5K 🇳🇱 Netherlands $62.8K 🇳🇴 Norway $142.5K

12 🇦🇺 Australia $64.5K 🇦🇺 Australia $62.6K 🇳🇱 Netherlands $131.9K

13 🇸🇲 San Marino $59.6K 🇸🇪 Sweden $58.8K 🇪🇸 Spain $126.3K

14 🇦🇹 Austria $58.2K 🇭🇰 Hong Kong $57.1K 🇮🇹 Italy $124.5K

15 🇸🇪 Sweden $58.1K 🇩🇪 Germany $55.0K 🇺🇸 U.S. $124.0K

16 🇧🇪 Belgium $57.8K 🇧🇪 Belgium $54.8K 🇲🇹 Malta $120.9K

17 🇮🇱 Israel $57.8K 🇦🇹 Austria $54.2K 🇹🇼 Taiwan $114.9K

18 🇭🇰 Hong Kong $56.0K 🇨🇦 Canada $53.3K 🇸🇬 Singapore $114.0K

19 🇩🇪 Germany $55.9K 🇮🇱 Israel $52.9K 🇮🇪 Ireland $105.6K

20 🇬🇧 UK $54.9K 🇫🇮 Finland $51.7K 🇰🇷 South Korea $104.1K

21 🇫🇮 Finland $54.2K 🇦🇪 UAE $49.5K 🇯🇵 Japan $102.2K

22 🇨🇦 Canada $53.6K 🇦🇩 Andorra $48.9K 🇶🇦 Qatar $102.2K

23 🇦🇪 UAE $49.5K 🇬🇧 UK $48.6K 🇫🇮 Finland $94.8K

24 🇫🇷 France $46.8K 🇳🇿 New Zealand $46.3K 🇸🇪 Sweden $89.4K

25 🇳🇿 New Zealand $46.1K 🇫🇷 France $45.2K 🇮🇱 Israel $88.9K

Data sources

Figures rounded and in current USD for the year. Includes overseas territories and special administrative regions.

Credit: Voronoi.com

Ad

X whatsapp