40 Most Prosperous Nations in the World

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1. Norway

GDP Per Capita (PPP) Rank: 4

Gini Coefficient Rank: 16

Weighted Average Rank: 4.8

In Norway, the mainland GDP is projected to grow by 1.0% in 2024 and 1.7% in 2025. Unemployment is expected to stabilize around 2%, while annual wage growth for 2024 is estimated at 5.2%. Although inflation will decrease, it will remain above the 2% target, averaging 4.0% in 2024 and 3.5% in 2025. The policy rate is likely to stay at 4.5% through 2024, with potential cuts expected in 2025. Increased household purchasing power and higher housing prices will support economic growth despite ongoing challenges with the NOK.

Norway has a high GDP per capita of $121,259 as of 2022 and has a low Gini coefficient of 0.277, making it the most prosperous nation in the world.

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