Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Richest Countries that Mainly Speak English

In this article, we will be studying the English language’s dominance across the world while covering the 20 richest countries that mainly speak English. If you wish to skip our detailed analysis, you can move directly to the 5 Richest Countries that Mainly Speak English.

English as a Lingua Franca

English has been commonly pursued as the communicative medium of choice especially between people with different languages as their first language. This has given English the standard of a global lingua franca or a common language. The emergence of various dialects has further helped the language grow and adapt to modern-day developments. Other than admitting words from its varieties, English also incorporates words from other prominent languages across the globe. Thus, the language has been capable of maintaining its dominance in this way.

Penetration Across Countries

The global significance of English is evident from the fact that it has been recognized as an official language in numerous countries. Around 86 countries have English as their official language or second language. Countries such as the US, the UK, and Australia have the highest number of native English speakers and hence, English is commonly spoken and understood.

Although countries in Europe tend to have their native languages positioned well, English is spoken by many European residents. Some of the European countries speaking English include the United Kingdom, Greece, Denmark, the Netherlands, Sweden, and Spain where a high to moderate English proficiency prevails. As reported by Wordspath, almost 370 million people out of the 450 million total population can speak English in Europe. Due to this reason, English has been recognized officially in Austria, Belgium, Cyprus, Ireland, Malta, and Poland.

Companies Developing Solutions for English Language Learning

Numerous companies around the world aim to engage speakers in learning languages including the globally recognized English language. Some of these include Duolingo Inc. (NASDAQ:DUOL), Rosetta Stone Inc. (NYSE:RST), and Coursera, Inc. (NYSE:COUR).

Duolingo Inc. (NASDAQ:DUOL) is an American educational technology company that facilitates the learning of languages including English, French, Spanish, Welsh, and Irish. It serves as one of the most popular language-learning apps worldwide. On October 11, the company reported an expansion in its Duolingo app under which users can switch between learning languages, math, and music. Math and music are two courses which will be available in English and Spanish. For instance, a math lesson can be done one day followed by a music lesson the next day. Similarly, a language learning lesson can be taken afterward. Using this update, the company is gradually moving towards offering all types of learning under one app.

Rosetta Stone Inc. (NYSE:RST) is another language-learning software. On October 27, the company reported that Rosetta Stone for Enterprise offers corporate training in 24 languages including English. This can help insurance teams develop the right kind of language skills to serve a multinational customer base. Brokers can communicate with clients in their native language and can even close more deals in this way. The company’s live tutoring also improves language learning, confidence, and fluency. Hence, insurance companies can easily incorporate language training into their professional development programs.

Coursera, Inc. (NYSE:COUR) offers various English-speaking courses that are useful for both individuals looking for personal development and corporate teams aiming at building professional skills. On October 10, the company reported that it has allowed access to over 4,000 AI-translated courses in some of the world’s most popularly known languages. Native speakers of Spanish, Arabic, Portuguese, French, German, Bahasa Indonesia, and Thai can access courses translated into their own language. Businesses can drive employee productivity by offering in-demand skills training in local languages. Similarly, educational institutes can integrate online courses in native languages in areas such as such as STEM and digital skills. Language learners can either study in their local language or use subtitles for English courses to improve their English language proficiency in specific workplace skills. The company has taken this step to facilitate its 33.1 million registered learners Coursera based in countries where the official language is one of the seven newly introduced translated languages on the platform.

Now that we have taken a look at the penetration of English across the world, we can move to the 20 richest countries that speak mainly English.

20 Richest Countries that Mainly Speak English

Our Methodology:   

In order to compile a list of the 20 richest countries that mainly speak English, we acquired a list of all the countries with English as the primarily spoken and recognized language from the English-speaking countries’ list from Northern Arizona University. Moving on, we researched for the most appropriate metric to represent rich countries. GDP per capita and GNI were not chosen as they do not take into account the cost of living or other non-monetary factors such as access to quality education, healthcare, and social support systems which can affect overall wealth.

Finally, we chose the total wealth as our metric which was sourced from Credit Suisse’s Global Wealth Databook 2022. The total national wealth in the respective countries has been reported from 2021. The wealth for all countries in our list where English is mainly spoken was considered to formulate the ranking.

Please note that there are various countries where different languages are recognized officially, with English as one of them. We have included those countries for better coverage since English serves as a commonly spoken language there. The countries that mainly speak English have been ranked in ascending order of their total wealth.

20. Jamaica

Total Wealth: $45 Billion

English is the official language in Jamaica. Jamaican Standard English is the type of English native to the country that is understood by the residents. Hence, Jamaica is a major English-speaking country that has a net worth of $45 billion as reported in 2021.

19. Cameroon

Total Wealth: $46 Billion

Cameroon qualifies as one of the richest countries that speak mainly English. English is spoken predominantly in the country. Cameroon Pidgin English is a lingua franca in the country. In 2021, the country had total wealth equivalent to $46 billion.

18. Uganda

Total Wealth: $49 Billion

English is widely spoken and is one of the officially recognized languages in Uganda. English spoken in the country is influenced by indigenous languages but remains commonly used. Uganda ranks as one of the richest nations that mainly speak English as it had a wealth of $49 billion in 2021.

17. Trinidad and Tobago 

Total Wealth: $51 Billion

Trinidadian Creole is an English-based Creole dialect spoken throughout the country. English is the official language of the country as well. The country recorded a total national wealth of  $51 billion in 2021 thereby becoming a majorly English-speaking country from the Caribbean.

16. Malta   

Total Wealth: $58 Billion

Other than Maltese, English is an officially recognized language in Malta. According to the latest Eurobarometer survey, 88% of the local population can speak English. Malta has a net worth of $58 billion in 2021 which ranks it as another rich nation that commonly speaks English.

15. Zimbabwe       

Total Wealth: $71 Billion

Zimbabwean English is the regional form of English in Zimbabwe. English is also used as the primary language in education, government, commerce, and media. In 2021, Zimbabwe’s net worth was $71 billion which ranks it as one of the richest countries widely speaking English. English is also the first language of most white Zimbabweans.

14. Tanzania  

Total Wealth: $122 Billion

Tanzania is a multilingual country where English serves as an officially recognized language. English is widely spoken as a lingua franca in the country. In 2021, the country recorded total national wealth of $122 billion thereby becoming one of the richest countries speaking mainly English.

13. Ghana  

Total Wealth: $130 Billion

English is used as a lingua franca throughout Ghana. It is also the official language of the state. Furthermore, Ghana had a net worth of $130 billion in 2021 which makes it another rich nation where English is widely spoken. The majority of people in Ghana speak English.

Duolingo Inc. (NASDAQ:DUOL), Rosetta Stone Inc. (NYSE:RST), and Coursera, Inc. (NYSE:COUR) continue to promote language learning across the globe.

12. Kenya  

Total Wealth: $369 Billion

English serves as an official language in Kenya. Kenyan English is a local dialect spoken by many communities in the country. Kenya had a net worth of $369 billion in 2021 which makes it one of the 20 richest countries speaking mainly English.

11. Nigeria 

Total Wealth: $752 Billion

Nigeria is one of the English-speaking countries where English is widely spoken. English is also an officially recognized language in the country which had a net worth of $752 billion in 2021. This makes Nigeria another rich nation that mainly speaks English.

10. Greece  

Total Wealth: $914 Billion

Greece ranks as one of the richest nations where English is widely spoken even when the native language is Greek. English is spoken more commonly in Greece as compared to other European nations such as Spain and France. The country recorded a total wealth of $914 billion in 2021.

9. Ireland   

Total Wealth: $920 Billion

English is an officially recognized language in Ireland. It is widely spoken across the country. A vast majority of the Irish population speaks English natively in Ireland. Ireland also recorded a total wealth of $920 billion in 2021 thereby becoming another rich country that mainly speaks English.

8. South Africa      

Total Wealth: $938 Billion

South Africa makes it to the 20 richest countries that mainly speak English. The country recorded a total national wealth of $938 billion in 2021 while English is one of the most widespread languages among South Africans. It is also commonly pursued in government and business.

7. Philippines 

Total Wealth: $992 Billion

With a total wealth of $992 billion, the Philippines qualifies as one of the richest nations where English is spoken as a main language. English serves as an official language and an integral part of local life in the country.

Companies assisting native speakers with learning other languages include Duolingo Inc. (NASDAQ:DUOL), Rosetta Stone Inc. (NYSE:RST), and Coursera, Inc. (NYSE:COUR).

6. New Zealand     

Total Wealth: $1.716 Trillion

English is the first language of the majority of the population in New Zealand. New Zealand English is the most commonly followed English dialect in the country. New Zealand had a net worth of $1.716 trillion in 2021 thereby ranking as one of the 20 richest countries that mainly speak English.

Click to continue reading and see 5 Richest Countries that Mainly Speak English.

Suggested articles:

Disclosure: None. 20 Richest Countries that Mainly Speak English is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…