In this piece, we will take a look at the 30 countries with the highest GDP per capita. For more countries, head on over to 5 Countries with the Highest GDP per Capita.
As we settle into 2023, with the first quarter almost coming to an end, the global economy is reeling from the devastating impacts of last year. The coronavirus pandemic, which saw record stimulus spending from central banks all over the world, led to excess capital flowing into the market. This was compounded by a drastic reduction in overall expenditure, as travel and other restrictions limited the money that people could spend on luxury activities. The combined impact of these enabled people to spend vast amounts of funds towards purchases as the economy opened up, which led to the ugly beast of inflation rearing its head. Then, to make matters worse, the Russian invasion of Ukraine kicked off and disrupted the global commodities and…