5 Countries with the Best Economy in the World

1. United States

Overall Score: 3.66

GDP Ranking: 1

GDP Per Capita Ranking: 7

Economic Freedom Ranking: 25

Advanced Countries Ranking: 1

The United States is the country with the best economy in the world. It is the largest and the most advanced economy in the world, ranking number one on both metrics. It is the top seventh on GDP per capita, with the number recorded at $78,420 in 2022. The U.S. Dollar is considered as the global reserve currency, with more than 90% of foreign exchange reserves in central banks across the world being maintained in the greenback. Due to these reasons, the U.S. attracts the attention of millions of immigrants (see our article about 15 Best Countries to Live in the Future)

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at the 5 Largest Economies in the World by 2050 and 10 Largest Economies in the World in 2023.