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Richest Country

What is the richest country in the world?

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Answer #1

It depends on how you measure ‘richest’ - it’s not easy, because simply taking average income per person (income/capita) won’t always be accurate, especially if it is distributed very unevenly.

Another problem is that ‘wealth’ isn’t necessarly reflected in moneytary income - not only do people produce much of their own food in some countries (and thus don’t need to use cash so much), some countries - Bhutan is a prime example - have emphasized ‘Gross National Happiness’ instead of Gross National Product (GNP).

The UNDP has developed a Human Development Index that measures not only income but also things like education, health standard, human rights - you could look at hdr.undp.org/en/statistics or the list at en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index

In recent years, the Scandinavian countries have tended to score at the top, with some minor variations. No, the USA does not head the list.

Answer #2

right now? Who the hell knows for sure.

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