Monaco claimed the top spot among the world’s richest countries in 2026, with a per capita GDP of $256,581, according to the International Monetary Fund (IMF). The tiny principality, nestled between France and the Mediterranean, is renowned for attracting billionaires due to its zero personal income tax, and it has a population of just 39,000.
Monaco – $256,581 per capita GDP
Liechtenstein – $246,073
Luxembourg – $154,115
Bermuda – $138,935
Ireland – $135,247
Switzerland – $118,173
Iceland – $108,591
Singapore – $99,000
Cayman Islands – $97,750
Norway – $96,580
2- Liechtenstein, ranked second, has a robust economy driven by finance, precision manufacturing, and engineering, with a population of around 39,000 and favorable tax policies that make it a hub for wealth management.
3- Luxembourg, centrally located in Western Europe, relies heavily on financial services, which account for roughly 40% of its GDP. With fewer than 700,000 residents, it manages trillions in investment funds, translating into high per capita wealth.
4- Bermuda attracts billions in insurance and reinsurance business due to political stability, low corporate taxes, and financial expertise.
5- Ireland benefits from hosting major global tech firms like Apple, Google, Meta, and Microsoft, alongside large pharmaceutical companies, giving it a GDP per capita of $135,247 and a total GDP of $750 billion.
6- Switzerland, with a GDP exceeding $1 trillion, remains a global financial fortress and a diversified economic powerhouse.
7- Iceland, recovering from its 2008 financial crisis, now thrives on renewable energy, tourism, and fisheries, with per capita GDP of $108,591 and a growth rate of 2.3%.
8- Singapore, a key financial and commercial hub in Southeast Asia, has a GDP of $606 billion and per capita income of $99,000, bolstered by pro-business policies and world-class infrastructure.
9- Cayman Islands serves as a major Caribbean financial center, with GDP of $7.14 billion, a population smaller than the number of registered companies, and a growth rate of 4.36%.
10- Norway, leveraging its energy wealth and managing the world’s largest sovereign wealth fund of over $1.7 trillion, rounds out the top 10 with a per capita GDP of $96,580 and one of the highest living standards globally.
Source: CNBC
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