Economy
Animated Chart: G7 vs. BRICS by GDP (PPP)
Animated Chart: G7 vs. BRICS by GDP (PPP)
Fifty years ago, the government finance heads from the UK, West Germany, France, and the U.S. met informally in the White House’s ground-floor library to discuss the international monetary situation at the time. This is the origin story of the G7.
This initial group quickly expanded, adding Japan, Italy, and Canada, to solidify a bloc of the biggest non-communist economies at the time. As industrialized countries that were reaping the benefits of the post-war productivity boom, they were economic juggernauts, with G7 economic output historically contributing around 40% of global GDP.
However, the more recent emergence of another international group, BRICS (Brazil, Russia, India, China, and South Africa), has been carving out its own section of the global economic order.
This animation from James Eagle uses data from the International Monetary Fund (IMF) and charts the percentage contribution of the G7 and BRICS members to the world economy. Specifically it uses GDP adjusted for purchasing power parity (PPP) using international dollars.
Charting the Rise of BRICS vs. G7
The acronym “BRIC”, developed by Goldman Sachs economist Jim O’Neill in 2001, was used to identify four fast-growing economies in similar stages of development. It wasn’t until 2009 that their leaders met and formalized their relationship, later inviting South Africa to join in 2010.
While initially banded together for investment opportunities, in the last decade, BRICS has become an economic rival to G7. Several of their initiatives include building an alternate global bank, with dialogue underway for a payment system and new reserve currency.
Below is a quick look at both groups’ contribution to the world economy in PPP-adjusted terms.
Global GDP Share | 1992 | 2002 | 2012 | 2022 |
---|---|---|---|---|
BRICS | 16.45% | 19.34% | 28.28% | 31.67% |
G7 | 45.80% | 42.34% | 32.82% | 30.31% |
A major contributing factor to BRICS’ rise is Chinese and Indian economic growth.
After a period of rapid industrialization in the 1980s and 1990s, China’s exports got a significant boost after it joined the World Trade Organization in 2001. This helped China become the world’s second largest economy by 2010.
India’s economic rise has not been quite as swift as China’s, but by 2022, the country ranked third with a gross domestic product (PPP) of $12 trillion. Together the two countries make up nearly one-fourth of the PPP-adjusted $164 trillion world economy.
The consequence of using the PPP metric—which better reflects the strengths of local currencies and local prices—is that it has an outsized multiplier effect on the GDPs of developing countries, where the prices of domestic goods and services tend to be cheaper.
Below, we can see both the nominal and PPP-adjusted GDP of each G7 and BRICS country in 2023. Nominal GDP is measured in USD with market-rate currency conversion, while the adjusted GDP uses international dollars (using the U.S. as a base country for calculations) which better account for cost of living and inflation.
Country/Group | Membership | Nominal GDP (2023) | PPP GDP (2023) |
---|---|---|---|
🇺🇸 U.S. | G7 | $26.9T | $26.9T |
🇯🇵 Japan | G7 | $4.4T | $6.5T |
🇩🇪 Germany | G7 | $4.3T | $5.6T |
🇬🇧 UK | G7 | $3.2T | $3.9T |
🇫🇷 France | G7 | $2.9T | $3.9T |
🇮🇹 Italy | G7 | $2.2T | $3.2T |
🇨🇦 Canada | G7 | $2.1T | $2.4T |
🇨🇳 China | BRICS | $19.4T | $33.0T |
🇮🇳 India | BRICS | $3.7T | $13.0T |
🇧🇷 Brazil | BRICS | $2.1T | $4.0T |
🇷🇺 Russia | BRICS | $2.1T | $5.0T |
🇿🇦 South Africa | BRICS | $0.4T | $1.0T |
G7 Total | $46.0T | $52.4T | |
BRICS Total | $27.7T | $56.0T |
By the IMF’s projections, BRICS countries will constitute more of the world economy in 2023 ($56 trillion) than the G7 ($52 trillion) using PPP-adjusted GDPs.
How Will BRICS and G7 Compare in the Future?
China and India are in a stage of economic development marked by increasing productivity, wages and consumption, which most countries in the G7 had previously enjoyed in the three decades after World War II.
By 2028, the IMF projects BRICS countries to make up one-third of the global economy (PPP):
Country by GDP (PPP) | Membership | % World Economy (2028p) |
---|---|---|
🇺🇸 U.S. | G7 | 14.5% |
🇯🇵 Japan | G7 | 3.3% |
🇩🇪 Germany | G7 | 2.9% |
🇬🇧 UK | G7 | 2.1% |
🇫🇷 France | G7 | 2.0% |
🇮🇹 Italy | G7 | 1.7% |
🇨🇦 Canada | G7 | 1.3% |
🇨🇳 China | BRICS | 19.7% |
🇮🇳 India | BRICS | 8.6% |
🇷🇺 Russia | BRICS | 2.6% |
🇧🇷 Brazil | BRICS | 2.2% |
🇿🇦 South Africa | BRICS | 0.5% |
G7 Total | 27.8% | |
BRICS Total | 33.7% |
BRICS vs. the World?
The economic rise of BRICS carries geopolitical implications as well.
Alongside different political ideals, BRICS’ increasing power gives its member countries financial muscle to back them up. This was put into sharp perspective after the 2022 Russian invasion of Ukraine, when both China and India abstained from condemning the war at the United Nations and continued to buy Russian oil.
While this is likely concerning for G7 countries, the group of developed countries still wields unparalleled influence on the global stage. Nominally the G7 still commands a larger share of the global economy ($46 trillion) than BRICS ($27.7 trillion). And from the coordination of sanctions on Russia to sending military aid to Ukraine, the G7 still wields significant influence financially and politically.
In the next few decades, especially as China and India are earmarked to lead global growth while simultaneously grappling with their own internal demographic issues, the world order is only set to become more complex and nuanced as these international blocs vie for power.

This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Wealth
Ranked: The 50 Richest Countries by GDP Per Capita in 2025
For most countries, GDP per capita measures relative prosperity. For the richest ones, it’s indicating other influences in their economies.

Ranked: The 50 Richest Countries by GDP Per Capita in 2025
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Key Takeaways
- Luxembourg is the richest country in the world by GDP per capita, $141K in 2025.
- The U.S. is the richest country ($89K) with a population of more than 10 million.
- The top four ranks are countries known as offshore wealth centers.
- A number of oil-rich, small nations are also present on this list.
GDP per capita is a rough proxy for a country’s average living standards. A higher GDP per capita usually reflects more economic resources available per person, a signal for prosperity.
However, like all statistical measures there are caveats: it doesn’t account for income distribution, quality of life metrics, or how sustainable the economy is.
Nevertheless, it is a standard that can be applied to make useful comparisons, while keeping these caveats in mind.
So, what are the “richest” countries in the world? We rank the top 50 countries by GDP per capita in 2025 using figures from the International Monetary Fund (IMF).
All values are in current USD, which means: it is not adjusted for currency rates, cost of living metrics, or inflation.
Ranked: The Richest Countries in the World in 2025
Luxembourg is the richest country in the world by GDP per capita, $140,941 in 2025.
The U.S. is the richest country ($89,105) with a population of more than 10 million.
Rank | Country/ Region | ISO Code | GDP Per Capita |
---|---|---|---|
1 | 🇱🇺 Luxembourg | LUX | $140,941 |
2 | 🇮🇪 Ireland | IRL | $108,919 |
3 | 🇨🇭 Switzerland | CHE | $104,896 |
4 | 🇸🇬 Singapore | SGP | $92,932 |
5 | 🇮🇸 Iceland | ISL | $90,284 |
6 | 🇳🇴 Norway | NOR | $89,694 |
7 | 🇺🇸 U.S. | USA | $89,105 |
8 | 🇲🇴 Macao SAR | MAC | $76,314 |
9 | 🇩🇰 Denmark | DNK | $74,969 |
10 | 🇶🇦 Qatar | QAT | $71,653 |
11 | 🇳🇱 Netherlands | NLD | $70,480 |
12 | 🇦🇺 Australia | AUS | $64,547 |
13 | 🇸🇲 San Marino | SMR | $59,603 |
14 | 🇦🇹 Austria | AUT | $58,192 |
15 | 🇸🇪 Sweden | SWE | $58,100 |
16 | 🇧🇪 Belgium | BEL | $57,772 |
17 | 🇮🇱 Israel | ISR | $57,760 |
18 | 🇭🇰 Hong Kong SAR | HKG | $56,031 |
19 | 🇩🇪 Germany | DEU | $55,911 |
20 | 🇬🇧 United Kingdom | GBR | $54,949 |
21 | 🇫🇮 Finland | FIN | $54,163 |
22 | 🇨🇦 Canada | CAN | $53,558 |
23 | 🇦🇪 UAE | ARE | $49,498 |
24 | 🇫🇷 France | FRA | $46,792 |
25 | 🇳🇿 New Zealand | NZL | $46,126 |
26 | 🇲🇹 Malta | MLT | $45,735 |
27 | 🇦🇩 Andorra | AND | $45,263 |
28 | 🇨🇾 Cyprus | CYP | $41,132 |
29 | 🇮🇹 Italy | ITA | $41,091 |
30 | 🇵🇷 Puerto Rico | PRI | $38,605 |
31 | 🇦🇼 Aruba | ABW | $37,775 |
32 | 🇧🇸 Bahamas | BHS | $36,784 |
33 | 🇪🇸 Spain | ESP | $36,192 |
34 | 🇸🇮 Slovenia | SVN | $35,332 |
35 | 🇧🇳 Brunei Darussalam | BRN | $34,970 |
36 | 🇰🇷 South Korea | KOR | $34,642 |
37 | 🇹🇼 Taiwan | TWN | $34,426 |
38 | 🇯🇵 Japan | JPN | $33,956 |
39 | 🇨🇿 Czech Republic | CZE | $33,039 |
40 | 🇪🇪 Estonia | EST | $32,760 |
41 | 🇬🇾 Guyana | GUY | $32,326 |
42 | 🇱🇹 Lithuania | LTU | $30,835 |
43 | 🇸🇦 Saudi Arabia | SAU | $30,099 |
44 | 🇵🇹 Portugal | PRT | $30,002 |
45 | 🇰🇼 Kuwait | KWT | $29,951 |
46 | 🇧🇭 Bahrain | BHR | $28,857 |
47 | 🇸🇰 Slovak Republic | SVK | $27,130 |
48 | 🇵🇱 Poland | POL | $26,805 |
49 | 🇧🇧 Barbados | BRB | $25,901 |
50 | 🇬🇷 Greece | GRC | $25,756 |
51 | 🇭🇷 Croatia | HRV | $25,674 |
52 | 🇭🇺 Hungary | HUN | $24,809 |
53 | 🇱🇻 Latvia | LVA | $24,374 |
54 | 🇺🇾 Uruguay | URY | $22,693 |
55 | 🇦🇬 Antigua & Barbuda | ATG | $22,630 |
56 | 🇰🇳 Saint Kitts & Nevis | KNA | $21,911 |
57 | 🇸🇨 Seychelles | SYC | $21,633 |
58 | 🇷🇴 Romania | ROU | $21,421 |
59 | 🇵🇦 Panama | PAN | $20,080 |
60 | 🇨🇷 Costa Rica | CRI | $19,095 |
61 | 🇵🇼 Palau | PLW | $18,993 |
62 | 🇴🇲 Oman | OMN | $18,966 |
63 | 🇧🇬 Bulgaria | BGR | $18,522 |
64 | 🇹🇹 Trinidad & Tobago | TTO | $18,445 |
65 | 🇲🇻 Maldives | MDV | $18,207 |
66 | 🇨🇱 Chile | CHL | $17,015 |
67 | 🇹🇷 Türkiye | TUR | $16,709 |
68 | 🇰🇿 Kazakhstan | KAZ | $14,768 |
69 | 🇱🇨 Saint Lucia | LCA | $14,499 |
70 | 🇦🇷 Argentina | ARG | $14,362 |
71 | 🇷🇺 Russia | RUS | $14,258 |
72 | 🇷🇸 Serbia | SRB | $14,174 |
73 | 🇨🇳 China | CHN | $13,687 |
74 | 🇲🇪 Montenegro | MNE | $13,508 |
75 | 🇹🇲 Turkmenistan | TKM | $13,337 |
76 | 🇲🇾 Malaysia | MYS | $13,145 |
77 | 🇳🇷 Nauru | NRU | $12,727 |
78 | 🇲🇽 Mexico | MEX | $12,692 |
79 | 🇬🇩 Grenada | GRD | $12,591 |
80 | 🇲🇺 Mauritius | MUS | $12,332 |
81 | 🇩🇴 Dominican Republic | DOM | $11,743 |
82 | 🇻🇨 Saint Vincent & the Grenadines | VCT | $11,162 |
83 | 🇦🇱 Albania | ALB | $10,527 |
84 | 🇧🇷 Brazil | BRA | $9,964 |
85 | 🇲🇰 North Macedonia | MKD | $9,882 |
86 | 🇩🇲 Dominica | DMA | $9,869 |
87 | 🇬🇪 Georgia | GEO | $9,571 |
88 | 🇦🇲 Armenia | ARM | $8,857 |
89 | 🇬🇦 Gabon | GAB | $8,842 |
90 | 🇵🇪 Peru | PER | $8,814 |
91 | 🇧🇿 Belize | BLZ | $8,648 |
92 | 🇧🇦 Bosnia and Herzegovina | BIH | $8,362 |
93 | 🇲🇩 Moldova | MDA | $8,260 |
94 | 🇲🇭 Marshall Islands | MHL | $8,133 |
95 | 🇨🇴 Colombia | COL | $8,054 |
96 | 🇧🇾 Belarus | BLR | $7,875 |
97 | 🇯🇲 Jamaica | JAM | $7,778 |
98 | 🇹🇭 Thailand | THA | $7,767 |
99 | 🇬🇶 Equatorial Guinea | GNQ | $7,750 |
100 | 🇦🇿 Azerbaijan | AZE | $7,604 |
101 | 🇲🇳 Mongolia | MNG | $7,201 |
102 | 🇽🇰 Kosovo | XKX | $7,147 |
103 | 🇧🇼 Botswana | BWA | $7,021 |
104 | 🇪🇨 Ecuador | ECU | $6,942 |
105 | 🇸🇷 Suriname | SUR | $6,858 |
106 | 🇱🇾 Libya | LBY | $6,801 |
107 | 🇫🇯 Fiji | FJI | $6,740 |
108 | 🇬🇹 Guatemala | GTM | $6,698 |
109 | 🇹🇻 Tuvalu | TUV | $6,543 |
110 | 🇵🇾 Paraguay | PRY | $6,522 |
111 | 🇿🇦 South Africa | ZAF | $6,397 |
112 | 🇺🇦 Ukraine | UKR | $6,261 |
113 | 🇸🇻 El Salvador | SLV | $5,722 |
114 | 🇹🇴 Tonga | TON | $5,721 |
115 | 🇩🇿 Algeria | DZA | $5,691 |
116 | 🇮🇶 Iraq | IRQ | $5,668 |
117 | 🇼🇸 Samoa | WSM | $5,471 |
118 | 🇨🇻 Cabo Verde | CPV | $5,421 |
119 | 🇫🇲 Micronesia | FSM | $5,291 |
120 | 🇮🇩 Indonesia | IDN | $5,027 |
121 | 🇯🇴 Jordan | JOR | $4,903 |
122 | 🇻🇳 Vietnam | VNM | $4,806 |
123 | 🇳🇦 Namibia | NAM | $4,661 |
124 | 🇸🇿 Eswatini | SWZ | $4,613 |
125 | 🇹🇳 Tunisia | TUN | $4,528 |
126 | 🇧🇴 Bolivia | BOL | $4,525 |
127 | 🇲🇦 Morocco | MAR | $4,397 |
128 | 🇵🇭 Philippines | PHL | $4,350 |
129 | 🇩🇯 Djibouti | DJI | $4,343 |
130 | 🇧🇹 Bhutan | BTN | $4,302 |
131 | 🇻🇪 Venezuela | VEN | $4,068 |
132 | 🇮🇷 Iran | IRN | $3,897 |
133 | 🇸🇹 São Tomé & Príncipe | STP | $3,569 |
134 | 🇻🇺 Vanuatu | VUT | $3,548 |
135 | 🇭🇳 Honduras | HND | $3,519 |
136 | 🇺🇿 Uzbekistan | UZB | $3,514 |
137 | 🇪🇬 Egypt | EGY | $3,174 |
138 | 🇳🇮 Nicaragua | NIC | $3,019 |
139 | 🇦🇴 Angola | AGO | $2,884 |
140 | 🇮🇳 India | IND | $2,878 |
141 | 🇨🇮 Côte d'Ivoire | CIV | $2,872 |
142 | 🇰🇭 Cambodia | KHM | $2,870 |
143 | 🇰🇬 Kyrgyz Republic | KGZ | $2,747 |
144 | 🇧🇩 Bangladesh | BGD | $2,689 |
145 | 🇭🇹 Haiti | HTI | $2,672 |
146 | 🇵🇬 Papua New Guinea | PNG | $2,565 |
147 | 🇬🇭 Ghana | GHA | $2,519 |
148 | 🇲🇷 Mauritania | MRT | $2,478 |
149 | 🇰🇪 Kenya | KEN | $2,468 |
150 | 🇰🇮 Kiribati | KIR | $2,414 |
151 | 🇸🇧 Solomon Islands | SLB | $2,379 |
152 | 🇨🇬 Congo | COG | $2,356 |
153 | 🇿🇼 Zimbabwe | ZWE | $2,199 |
154 | 🇱🇦 Laos | LAO | $2,096 |
155 | 🇬🇳 Guinea | GIN | $1,904 |
156 | 🇨🇲 Cameroon | CMR | $1,865 |
157 | 🇸🇳 Senegal | SEN | $1,811 |
158 | 🇰🇲 Comoros | COM | $1,702 |
159 | 🇧🇯 Benin | BEN | $1,532 |
160 | 🇹🇱 Timor-Leste | TLS | $1,491 |
161 | 🇳🇵 Nepal | NPL | $1,458 |
162 | 🇹🇯 Tajikistan | TJK | $1,432 |
163 | 🇺🇬 Uganda | UGA | $1,338 |
164 | 🇿🇲 Zambia | ZMB | $1,332 |
165 | 🇹🇿 Tanzania | TZA | $1,280 |
166 | 🇲🇲 Myanmar | MMR | $1,177 |
167 | 🇬🇼 Guinea-Bissau | GNB | $1,126 |
168 | 🇧🇫 Burkina Faso | BFA | $1,107 |
169 | 🇱🇸 Lesotho | LSO | $1,098 |
170 | 🇪🇹 Ethiopia | ETH | $1,066 |
171 | 🇹🇬 Togo | TGO | $1,053 |
172 | 🇷🇼 Rwanda | RWA | $1,043 |
173 | 🇹🇩 Chad | TCD | $991 |
174 | 🇬🇲 Gambia | GMB | $988 |
175 | 🇲🇱 Mali | MLI | $936 |
176 | 🇸🇱 Sierra Leone | SLE | $916 |
177 | 🇱🇷 Liberia | LBR | $908 |
178 | 🇳🇬 Nigeria | NGA | $807 |
179 | 🇸🇴 Somalia | SOM | $766 |
180 | 🇳🇪 Niger | NER | $751 |
181 | 🇨🇩 DRC | COD | $743 |
182 | 🇲🇿 Mozambique | MOZ | $663 |
183 | 🇸🇩 Sudan | SDN | $625 |
184 | 🇲🇬 Madagascar | MDG | $595 |
185 | 🇲🇼 Malawi | MWI | $580 |
186 | 🇨🇫 Central African Republic | CAF | $532 |
187 | 🇧🇮 Burundi | BDI | $490 |
188 | 🇾🇪 Yemen | YEM | $417 |
189 | 🇸🇸 South Sudan | SSD | $251 |
N/A | 🇦🇫 Afghanistan | AFG | No Data |
N/A | 🇪🇷 Eritrea | ERI | No Data |
N/A | 🇱🇧 Lebanon | LBN | No Data |
N/A | 🇵🇰 Pakistan | PAK | No Data |
N/A | 🇱🇰 Sri Lanka | LKA | No Data |
N/A | 🇸🇾 Syria | SYR | No Data |
N/A | 🇵🇸 Palestine | PSE | No Data |
N/A | 🌍 World | N/A | $14,213 |
Note: Data is missing for: Afghanistan, Eritrea, Lebanon, Pakistan, Sri Lanka, Syria, Palestine. Figures for several overseas territories are also not included.
Noticeably, many of the top spots are held by small countries with specialized financial services sectors, also known offshore financial centers.
Luxembourg (#1), Ireland (#2), Switzerland (#3), Singapore (#4), Netherlands (#11) and Hong Kong (#18) are all considered tax havens as their friendly tax laws, strict privacy rules, and strong financial sectors encourage multinational corporations to route earnings through them.
As a result, this improves their GDP a significant amount, but doesn’t reflect the resident populations productivity.
In Ireland’s case, these flows distorted GDP values so much that the government discontinued its use as a reliable statistic, preferring to measure and compare gross national income (GNI) instead.
Oil Wealth a Major Factor
Energy-rich countries also dominate the rankings. Qatar (#10), UAE (#23), and Saudi Arabia (#43) rank high due to oil exports fueling government spending and infrastructure.
Norway (#6), with a large sovereign wealth fund, is Europe’s prime example of oil wealth being reinvested.
Guyana, a newcomer at #41, has rapidly climbed the ranks following major offshore oil discoveries and production growth.
America’s Scale and Wealth
Finally, while the U.S. ranks #7 in GDP per capita, it stands out for its scale. It’s the richest country in the world by GDP per capita with a population over 10 million, highlighting its economic might.
Other populous countries, like Germany, Japan, the UK, and France all fall lower in per capita terms, despite large total economies.
High-tech industries, consumer spending, and capital markets contribute to America’s wealth profile.
Learn More on the Voronoi App 
Want a closer look at the American economy? Check out: America’s $19 Trillion Consumption Sector in one chart, to see where Americans spend their dollars.
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