They earn the most in Europe. Poles can only dream of such amounts

Are you wondering which country is the richest in Europe? The ranking prepared by World Atlas shows above all that despite a small area or population, it is possible to become a global economic power.

World Atlas has published rankings of the richest countries in the world and in Europe . The lists were prepared based on the GDP per capita indicator (Gross Domestic Product per capita), which measures the value of all goods and services produced in a given country in a year, divided by the number of its inhabitants.

It is worth taking a look at our continent, because, as the authors of the rankings point out, it is here that the wealthiest and most innovative economies in the world are grouped. The first place on the European list, and the second on the global list, was taken by Luxembourg , which clearly shows that size does not matter.

Luxembourg / photo: Unsplash, Cedric Letsch

Luxembourg , a country with an area of ​​2,586 square kilometers, is inhabited by only 660 thousand people. Despite everything, it can boast the highest PKP per capita in Europe, amounting to $152,915 according to World Atlas.

Luxembourg's economy is primarily driven by the financial sector , which includes banking and fund administration . With its political stability , skilled workforce and banking secrecy , the country attracts international businesses.

But Luxembourg is not only about finances. Other sectors worth mentioning in the country's economy are telecommunications and tourism . Interestingly, it is also a pioneer in the space resource extraction industry, implementing an innovative legal framework for the exploitation of asteroids .

Luxembourg / photo: Unsplash, Mario Beqollari

Luxembourg can boast a high employment rate , unemployment at 5.9 percent and average net income of around $4,422 , or about 16 thousand złoty per month. Maybe you should drop it all and... go to Luxembourg ?

In the European ranking, Luxembourg was followed on the podium by Ireland with a PKP per capita of USD 134,000 and Norway (USD 107,892).

In the world ranking, Luxembourg is beaten only by Singapore , whose GDP per capita is $156,755. Behind Luxembourg , as in the European ranking, is Ireland . Below are both lists.

1. Singapore ($156,755 GDP per capita)
2. Luxembourg ($152,915)
3. Ireland – ($134,000)
4. Qatar ($121,605)
5. Norway ($107,892)
6. Switzerland ($97,581)
7. Brunei Darussalam ($95,758)
8. Guyana ($94,258)
9. United States ($89,105)
10. Denmark ($88,934)

1. Luxembourg (PKP$152,915 per capita)
2. Ireland ($134,000)
3. Norway ($107,892)
4. Switzerland ($97,581)
5. Denmark ($88,934)
6. Netherlands ($84,566)
7. San Marino ($83,031)
8. Iceland ($81,215)
9. Malta ($76,705)
10. Belgium ($75,846)