List of Top 10 Countries with High Income as per GNI Per Capita


The 10 countries with the highest income in 2024

1.Bermuda

GNI per capita (USD): US$125,210

Bermuda will become the richest country in 2024, thanks to its booming financial services and tourism industries. The island nation has benefited from a favorable tax environment, attracting multinational companies and boosting its per capita income to unparalleled levels.

2. Liechtenstein

GNI per capita (USD): US$116,600

Despite its small population, this small European principality has leveraged its banking and financial sector and highly skilled workforce to ensure that it ranks among the wealthiest countries.

3.Norway

GNI per capita (USD): US$95,520

Norway’s wealth comes from its vast natural resources, especially oil and natural gas. With a strong social welfare system, the country consistently ranks high in income and quality of life rankings.

4.Switzerland

GNI per capita (USD): US$95,490

Switzerland is known for its financial sector and high-value manufacturing, and enjoys high income levels even as it faces challenges such as rising interest rates and slowing export growth.

5. Luxembourg

GNI per capita (USD): US$89,200

As an important financial centre, Luxembourg’s wealth is underpinned by a strong banking sector and a highly cosmopolitan workforce, making it one of the richest countries in Europe.

6.Ireland

GNI per capita (USD): US$79,730

Ireland’s economic transformation in recent decades has been driven by its favorable tax policies, which have attracted global businesses and significantly increased gross national income per capita.

7. Isle of Man

GNI per capita (USD): US$79,300

Although not well known internationally, this self-governing British crown dependency has a high gross national income driven by its financial and insurance sectors.

8. United States

GNI per capita (USD): US$76,770

The United States remains a global economic power thanks to its diversified economy and leadership in technology and finance.

9. Faroe Islands

GNI per capita (USD): US$74,420

The Faroe Islands are an autonomous territory of Denmark whose thriving fishing and emerging energy sectors ensure its high income levels.

10. Denmark

GNI per capita (USD): US$73,520

Denmark’s wealth comes from its well-developed welfare state, high-tech industries and sustainable energy initiatives, placing it among the world’s richest countries.