Despite a large and robust economy, the United States is not the richest country in the world, at least not in terms of Gross Domestic Product (GDP) per capita. That value is used to determine all of a country’s wealth divided by its population. GDP per capita has long been used to determine the actual stand of living by country. In 2019, a disproportionate amount of wealth is held by 1% of the population but GDP per capita is still a standard measurement of wealth by country. Let’s see which countries lead the way and you might be surprised to see where the USA lands on this list.
The United Kingdom — GDP per capita: $45,491
The United Kingdom just squeaks into our top 20 with a per capita GDP of $45,491. The UK has been experiencing a wealth boom for the past few decades due in part to rising housing prices and pension entitlements, combined with rising homeownership, which started to increase in the ’80s and ’90s.
The South East is the wealthiest region of the UK, while the North East is the poorest region. Citizens in their 60s hold much of the country’s wealth.