Well, coincidence or not, but exactly Luxembourg and Ireland have the highest and second-highest minimum wage in Europe resp.
But honestly, like with most other charts of this kind, depending on how you filter, pick, include and exclude one or another metric you could make a graph like this for at least 20 countries and ‘prove’ how that one is the richest country every time
I’ve seen this graph with Malta, Hong Kong, Monaco, Liechtenstein, the Netherlands, Singapore and even China placed #1
(Google “richest country in the world”, then click on images and there’s basically just as many countries #1 as there are images – and all of them claim numbers sourced from official databases 😂)
sundjatak on
Maybe they said no cheating
More srsly, they don’t want to distort the data by including our local economy that relies mostly on external work force and financial intermediation to perform, same in Ireland but with intellectual property instead
The data gets more useful when unbiased by fiscal schemes
Dependent-Tax-991 on
Belgium on number 4. Mouhahaha what a joke 🤣🤣🤣🤣🤣🤣
Ancient-Arm-7141 on
I just do not understand how “hours worked” is a relevant metric to take into account here.
8 commenti
I am the richest person in the world *
.
.
.
*Excluding anyone richer than me
“Ireland, where GDP calculations are polluted by tax arbitrage, and Luxembourg, where incomes are inflated by cross-border commuters”
[https://archive.is/20251012120142/https://www.economist.com/graphic-detail/2025/07/18/what-is-the-richest-country-in-the-world-in-2025](https://archive.is/20251012120142/https://www.economist.com/graphic-detail/2025/07/18/what-is-the-richest-country-in-the-world-in-2025)
Well, coincidence or not, but exactly Luxembourg and Ireland have the highest and second-highest minimum wage in Europe resp.
But honestly, like with most other charts of this kind, depending on how you filter, pick, include and exclude one or another metric you could make a graph like this for at least 20 countries and ‘prove’ how that one is the richest country every time
I’ve seen this graph with Malta, Hong Kong, Monaco, Liechtenstein, the Netherlands, Singapore and even China placed #1
(Google “richest country in the world”, then click on images and there’s basically just as many countries #1 as there are images – and all of them claim numbers sourced from official databases 😂)
Maybe they said no cheating
More srsly, they don’t want to distort the data by including our local economy that relies mostly on external work force and financial intermediation to perform, same in Ireland but with intellectual property instead
The data gets more useful when unbiased by fiscal schemes
Belgium on number 4. Mouhahaha what a joke 🤣🤣🤣🤣🤣🤣
I just do not understand how “hours worked” is a relevant metric to take into account here.
At least this time they acknowledge us.
GDP is a shitty metric tho