Economics

What are the richest countries, by population?



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Considering all the countries in the world, Qatar stands as the richest country with its GDP (PPP) per capita being US $126,597.6. But, on the same note, the country has a population of just 2.78 million. There are numerous other countries where the population is much larger, some even crossing the 100 million mark. As per stats from the World Bank, China and India have the largest populations in the world, and the number is higher than one billion.

In a country with a large population, economic growth can stumble. In fact, overpopulation is one of the leading concerns of this world as it puts a tremendous amount of pressure on the existing resources. This further leads to a variety of other problems like hunger and malnutrition. In most rich countries, it’s the natural resources that contribute to capital formation. However, natural resources aren’t enough for sustainable economic growth. For example, India, despite having abundant natural resources, isn’t as developed.

Human resource is often considered good for the economy, because if people are well-skilled, they could help in a quality output. But, when this very population is uneducated, it causes more harm than good. GDP is the gross economic output in a country, that is, it totals the amount of money a country has made. On the same note, GDP (PPP) is the purchasing power parity of gross domestic product. It determines the economic output in terms of international value. It is a ratio which simultaneously reflects on the spending ability of people in the country, and determines their standard of living. GDP (PPP) per capita is the estimation of purchasing power per individual. It is considered to be an authentic indicator about the wealth or prosperity of a country.

We here bring you the list of countries that are rich as per their population, as per data sourced from World Bank pertaining to year 2018.

The table below ranks the countries having more than 100 million population, on the basis of GDP (PPP) per capita.


Population higher than 100 million
Country Population 2018

(Thousands)

GDP(PPP$)PER CAPITA 2018
UNITED STATES 327,167.43 62,641.0
JAPAN 126,529.10 43,349.3
RUSSIAN FEDERATION 144,478.05 27,147.3
MEXICO 126,190.79 19,969.5
CHINA 1,392,730.00 18,210.1
BRAZIL 209,469.33 16,068.0
INDONESIA 267,663.43 13,056.6
PHILIPPINES 106,651.92 8,935.3
INDIA 1,352,617.33 7,761.6
NIGERIA 195,874.74 5,980.3
PAKISTAN 212,215.03 5,543.9
BANGLADESH 161,356.04 4,364.0
ETHIOPIA 109,224.56 2,018.6

 

 

The table below mentions countries having population within 10 to 100 million population in terms of GDP (PPP) per capita.

Population b/w 10 to 100 million
Country Population 2018

(Thousands)

GDP(PPP$)PER CAPITA 2018
SAUDI ARABIA 33,699.95 55,119.9
NETHERLANDS 17,231.02 56,772.0
GERMANY 82,927.92 54,327.1
SWEDEN 10,183.17 53,119.7
AUSTRALIA 24,992.37 51,544.9
BELGIUM 11,422.07 50,774.9
CANADA 37,058.86 47,870.7
U.K 66,488.99 46,239.7
FRANCE 66,987.24 45,877.1
ITALY 60,431.28 42,080.4
SPAIN 46,723.75 40,854.6
KOREA,REP. 51,635.26 40,479.3
CZECH REPUBLIC 10,625.69 39,998.4
PORTUGAL 10,281.76 34,065.2
MALAYSIA 31,528.58 31,698.4
POLAND 37,978.55 32,356.5
GREECE 10,727.67 29,873.6
TURKEY 82,319.72 28,815.5
KAZAKHSTAN 18,276.50 27,830.6
ROMANIA 19,473.94 26,595.4
CHILE 18,729.16 25,283.9
IRAN, ISLAMIC REP. 81,800.27 21,011.3
ARGENTINA 44,494.50 20,567.3
THAILAND 69,428.52 19,017.7
IRAQ 38,433.60 17,510.2
DOMINICAN REP. 10,627.17 17,798.8
ALGERIA 42,228.43 15,621.9
SURINAME 575.99 15,497.9
COLOMBIA 49,648.68 14,999.4
SOUTH AFRICA 57,779.62 13,661.4
PERU 31,989.26 14,393.5
SRI LANKA 21,670.00 13,449.9
TUNISIA 11,565.20 12,483.5
ECUADOR 17,084.36 11,713.7
EGYPT,ARAB REP. 98,423.60 12,390.4
UKRAINE 44,622.52 9,233.2
MOROCCO 36,029.14 8,586.6
GUATEMALA 17,247.81 8,447.4
BOLIVIA 11,353.14 7,859.3
UZBEKISTAN 32,955.40 7,020.3
VIETNAM 95,540.40 7,434.7
ANGOLA 30,809.76 6,441.0
MYANMAR 53,708.39 6,662.3
SUDAN 41,801.53
4,759.3
GHANA 29,767.11 4,738.3
ZAMBIA 17,351.82 4,216.5
COTE D’IVOIRE 25,069.23 4,199.7
SENEGAL 15,854.36 3,775.9
CAMEROON 25,216.24 3,771.1
KENYA 51,393.01 3,461.4
TANZANIA 56,318.35 3,227.0
NEPAL 28,087.87 3,064.4
ZIMBABWE 14,439.02 3,024.4
BENIN 11,485.05 2,420.5
MALI 19,077.69 2,312.6
GUINEA 12,414.32 2,630.2
RWANDA 12,301.94 2,253.5
UGANDA 42,723.14 2,033.3
BURKINA FASO 19,751.53 1,975.0
CHAD 15,477.75 1,964.8
AFGHANISTAN 37,172.39 1,951.6
HAITI 11,123.18 1,863.3
MADAGASCAR 26,262.37 1,634.2
MOZAMBIQUE 29,495.96 1,327.9
MALAWI 18,143.31 1,308.7
NIGER 22,442.95 1,048.5
CONGO,DEM,REP. 84,068.09 930.5
BURUNDI 11,175.38 742.8

 

Here are the top ten richest countries of the world, without any criteria of population.

GLOBAL
Country Population 2018

(Thousands)

GDP(PPP$)PER CAPITA 2018
QATAR 2,781.68 126,597.6
MACAO SAR,CHINA 631.64 122,434.8
LUXEMBOURG 607.73 111,908.0
SINGAPORE 5,638.68 101,352.6
IRELAND 4,853.51 84,069.4
BRUNEI DARUSSALAM 428.96 80,777.6
UNITED ARAB EMIRATES 9,630.96 74,942.7
KUWAIT 4,137.31 73,704.6
SWITZERLAND 8516.54 68,943.4
HONG KONG SAR 7,451.00 64,487.6

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