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    Question

    As of 2025, which country ranks as the world's richest

    based on GDP per capita?
    A Singapore Correct Answer Incorrect Answer
    B Ireland Correct Answer Incorrect Answer
    C Luxembourg Correct Answer Incorrect Answer
    D United States Correct Answer Incorrect Answer

    Solution

    Luxembourg holds the distinction of being the world's richest country based on GDP per capita in 2025, with a figure of $154,910. Despite its small population of approximately 675,000, Luxembourg has achieved remarkable economic success through its robust financial sector. The country is known for its high living standards, excellent healthcare system, free public transportation, and the world's highest minimum wage. Singapore follows closely behind at $153,610, while Macao SAR ranks third at $140,250. GDP per capita is calculated by dividing a country's total economic output by its population, providing a measure of average income per resident.

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