Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

In 1938, the year before the Second World War, the United States had, by far, the largest economy in the world in terms of gross domestic product (GDP). The five Allied Great Powers that emerged victorious from the war, along with the three Axis Tripartite Pact countries that were ultimately defeated made up the eight largest independent economies in 1938.

When values are converted into 1990 international dollars, the U.S. GDP was over 800 billion dollars in 1938, which was more than double that of the second largest economy, the Soviet Union. Even the combined economies of the UK, its dominions, and colonies had a value of just over 680 billion 1990 dollars, showing that the United States had established itself as the world's leading economy during the interwar period (despite the Great Depression).

Interestingly, the British and Dutch colonies had larger combined GDPs than their respective metropoles, which was a key motivator for the Japanese invasion of these territories in East Asia during the war. Trade with neutral and non-belligerent countries also contributed greatly to the economic development of Allied and Axis powers throughout the war; for example, natural resources from Latin America were essential to the American war effort, while German manufacturing was often dependent on Swedish iron supplies.

According to the Hurun Global Rich List 2025, the United States housed the highest number of billionaires worldwide in 2025. In detail, there were *** billionaires living in the United States as of January that year. By comparison, *** billionaires resided in China. India, the United Kingdom, and Germany were also the homes of a significant number of billionaires that year. United States has regained its first place As the founder and exporter of consumer capitalism, it is no surprise that the United States is home to a large number of billionaires. Although China had briefly overtaken the U.S. recently, the United States has reclaimed its position as the country with the most billionaires in the world. Moreover, North America leads the way in terms of the highest number of ultra high net worth individuals – those with a net worth of more than ***** million U.S. dollars. The prominence of Europe and North America is a reflection of the higher degree of economic development in those states. However, this may also change as China and other emerging economies continue developing. Female billionaires Moreover, the small proportion of female billionaires does little to counter critics claiming the global economy is dominated by an elite comprised mainly of men. On the list of the richest people in the world, only *** were women. Moreover, recent political discourse has put a great amount of attention on the wealth held by the super-rich, with the wealth distribution of the global population being heavily unequal.

In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.

WiserBrand's Comprehensive Customer Call Transcription Dataset: Tailored Insights

WiserBrand offers a customizable dataset comprising transcribed customer call records, meticulously tailored to your specific requirements. This extensive dataset includes:

• User ID and Firm Name: Identify and categorize calls by unique user IDs and company names.
• Call Duration: Analyze engagement levels through call lengths.
• Geographical Information: Detailed data on city, state, and country for regional analysis.
• Call Timing: Track peak interaction times with precise timestamps.
• Call Reason and Group: Categorised reasons for calls, helping to identify common customer issues.
• Device and OS Types: Information on the devices and operating systems used for technical support analysis. Transcriptions: Full-text transcriptions of each call, enabling sentiment analysis, keyword extraction, and detailed interaction reviews.

WiserBrand's dataset is essential for companies looking to leverage Consumer Data and B2B Marketing Data to drive their strategic initiatives in the English-speaking markets of the USA, UK, and Australia. By accessing this rich dataset, businesses can uncover trends and insights critical for improving customer engagement and satisfaction.

Cases:

1. Training Speech Recognition (Speech-to-Text) and Speech Synthesis (Text-to-Speech) Models

WiserBrand's Comprehensive Customer Call Transcription Dataset is an excellent resource for training and improving speech recognition models (Speech-to-Text, STT) and speech synthesis systems (Text-to-Speech, TTS). Here’s how this dataset can contribute to these tasks:

Enriching STT Models: The dataset comprises a diverse range of real-world customer service calls, featuring various accents, tones, and terminologies. This makes it highly valuable for training speech-to-text models to better recognize different dialects, regional speech patterns, and industry-specific jargon. It could help improve accuracy in transcribing conversations in customer service, sales, or technical support.

Contextualized Speech Recognition: Given the contextual information (e.g., reasons for calls, call categories, etc.), it can help models differentiate between various types of conversations (technical support vs. sales queries), which would improve the model’s ability to transcribe in a more contextually relevant manner.

Improving TTS Systems: The transcriptions, along with their associated metadata (such as call duration, timing, and call reason), can aid in training Text-to-Speech models that mimic natural conversation patterns, including pauses, tone variation, and proper intonation. This is especially beneficial for developing conversational agents that sound more natural and human-like in their responses.

Noise and Speech Quality Handling: Real-world customer service calls often contain background noise, overlapping speech, and interruptions, which are crucial elements for training speech models to handle real-life scenarios more effectively.

1. Training AI Agents for Replacing Customer Service Representatives WiserBrand’s dataset can be incredibly valuable for businesses looking to develop AI-powered customer support agents that can replace or augment human customer service representatives. Here’s how this dataset supports AI agent training:

Customer Interaction Simulation: The transcriptions provide a comprehensive view of real customer interactions, including common queries, complaints, and support requests. By training AI models on this data, businesses can equip their virtual agents with the ability to understand customer concerns, follow up on issues, and provide meaningful solutions, all while mimicking human-like conversational flow.

Sentiment Analysis and Emotional Intelligence: The full-text transcriptions, along with associated call metadata (e.g., reason for the call, call duration, and geographical data), allow for sentiment analysis, enabling AI agents to gauge the emotional tone of customers. This helps the agents respond appropriately, whether it’s providing reassurance during frustrating technical issues or offering solutions in a polite, empathetic manner. Such capabilities are essential for improving customer satisfaction in automated systems.

Customizable Dialogue Systems: The dataset allows for categorizing and identifying recurring call patterns and issues. This means AI agents can be trained to recognize the types of queries that come up frequently, allowing them to automate routine tasks such as order inquiries, account management, or technical troubleshooting without needing human intervention.

Improving Multilingual and Cross-Regional Support: Given that the dataset includes geographical information (e.g., city, state, and country), AI agents can be trained to recognize region-specific slang, phrases, and cultural nuances, which is particularly valuable for multinational companies operating in diverse markets (e.g., the USA, UK, and Australia...

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

In 2024, Switzerland led the ranking of countries with the highest average wealth per adult, with approximately ******* U.S. dollars per person. The United States was ranked second with an average wealth of around ******* U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. The Gini index shows wealth disparities in countries worldwide. Does wealth guarantee a longer life? As the adage goes, “money can’t buy you happiness,” yet wealth and income are continuously correlated to the quality of life of individuals in different countries around the world. While greater levels of wealth may not guarantee a higher quality of life, it certainly increases an individual’s chances of having a longer one. Although they do not show the whole picture, life expectancy at birth is higher in the wealthier world regions. Does money bring happiness? A number of the world’s happiest nations also feature in the list of those countries for which average income was highest. Finland, however, which was the happiest country worldwide in 2022, is missing from the list of the top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that a larger proportion of the population has access to a high-income relative to global levels. Measures of quality of life Criticism of the use of income or wealth as a proxy for quality of life led to the creation of the United Nations’ Human Development Index. Although income is included within the index, it also has other factors taken into account, such as health and education. As such, the countries with the highest human development index can be correlated to those with the highest income levels. That said, none of the above measures seek to assess the physical and mental environmental impact of a high quality of life sourced through high incomes. The happy planet index demonstrates that the inclusion of experienced well-being and ecological footprint in place of income and other proxies for quality of life results in many of the world’s materially poorer nations being included in the happiest.

Throughout the Second World War, the United States consistently had the largest gross domestic product (GDP) in the world. Additionally, U.S. GDP grew significantly throughout the war, whereas the economies of Europe and Japan saw relatively little growth, and were often in decline. The impact of key events in the war is also reflected in the trends shown here - the economic declines of France and the Soviet Union coincide with the years of German invasion, while the economies of the three Axis countries experienced their largest declines in the final year of the war.

This data provides a comprehensive view into how residents in key Belt and Road Initiative cities perceive China’s influence across multiple aspects of daily life. It captures nuanced sentiment related to economic opportunity, job creation, debt concerns, political influence, and infrastructure improvement, and it also produces an Overall Sentiment Index that brings these perspectives together in a single benchmark score. By incorporating demographic details such as age, income, and household type, the data creates a multidimensional understanding of how different groups within each city view China’s role. What makes this resource especially powerful is that it is not limited to a one-time snapshot. It is designed to be run repeatedly on a weekly, monthly, or quarterly basis so that changes in perception can be tracked over time and interpreted in context.

Each of the sentiment dimensions tells a different story. Economic opportunity captures whether residents believe Chinese involvement is creating pathways for trade, investment, and business growth. Job creation measures whether these investments translate into employment for locals or remain limited to outside contractors. Debt concerns reflect whether residents feel financing arrangements are sustainable or whether they put their country at risk. Political influence expresses how much China is seen as shaping governance, elections, or policy priorities. Infrastructure improvement reflects the tangible benefits that people associate with new ports, power plants, railways, or digital networks. When these are combined into the Overall Sentiment Index, it becomes possible to see a distilled score for each city at any given time while retaining the ability to drill down into the drivers of that score.

Running this data once is valuable because it shows the present balance of perception. Running it regularly transforms it into a monitoring tool. Over time, it becomes clear whether optimism is building or eroding, whether concerns are intensifying or easing, and whether residents feel more or less positively about China’s role in their city. Weekly runs allow short-term fluctuations to be observed, which is especially important when external events like debt renegotiations or infrastructure launches occur. Monthly runs strike a balance, capturing trends that are still timely but not so volatile that they obscure underlying movement. Quarterly runs provide a strategic rhythm that aligns with government planning cycles, investor reporting, and long-term program design. Whatever cadence is chosen, the ability to compare one wave of sentiment to the next adds an entirely new layer of value.

Consider the implications for economic opportunity. In one quarter, residents may feel optimistic because new trade zones are announced, but by the next quarter that optimism may fade if jobs or contracts do not materialize locally. Debt concerns may remain stable for months and then spike suddenly when repayment deadlines become politically controversial. Infrastructure satisfaction may begin high at the ribbon-cutting of a new port but then decline if maintenance is poor or if local communities feel excluded from its benefits. Political influence sentiment may ebb and flow with election cycles, reflecting moments when Chinese involvement is spotlighted in domestic debates. Without recurring data, these shifts would be invisible or anecdotal. With recurring data, they become measurable, comparable, and actionable.

Demographic segmentation intensifies the usefulness of this time-series view. Younger residents may consistently report higher enthusiasm for economic opportunity, while older residents may be more cautious. Over time, the gap between those groups can widen or narrow, revealing intergenerational dynamics that matter for future policy and business planning. Lower-income households may express higher debt concerns, while wealthier households emphasize infrastructure benefits. Families with children may be focused on long-term job creation, while singles are more attuned to short-term opportunities. Seeing these divergences move over time is more valuable than seeing them once because it highlights whether divisions are hardening, softening, or shifting to new areas.

The geographic coverage of this data spans ten strategically important BRI cities, from Karachi and Colombo to Nairobi, Addis Ababa, Almaty, Athens, Gwadar, Jakarta, Dushanbe, and Belgrade. These cities were selected not only for their individual significance but also because, taken together, they represent a cross-section of the initiative’s global reach. By comparing sentiment across these cities at multiple time points, it becomes possible to identify where China’s influence is gaining legitimacy, where it is facing skepticism, and how those dynamics differ between regions. The standardized structure of the data ensures that these comparisons are meaningful, turning local snapshots into part of a...

Abstract

The World Values Survey (WVS) is an international research program devoted to the scientific and academic study of social, political, economic, religious and cultural values of people in the world. The project’s goal is to assess which impact values stability or change over time has on the social, political and economic development of countries and societies. The project grew out of the European Values Study and was started in 1981 by its Founder and first President (1981-2013) Professor Ronald Inglehart from the University of Michigan (USA) and his team, and since then has been operating in more than 120 world societies. The main research instrument of the project is a representative comparative social survey which is conducted globally every 5 years. Extensive geographical and thematic scope, free availability of survey data and project findings for broad public turned the WVS into one of the most authoritative and widely-used cross-national surveys in the social sciences. At the moment, WVS is the largest non-commercial cross-national empirical time-series investigation of human beliefs and values ever executed.

The project’s overall aim is to analyze people’s values, beliefs and norms in a comparative cross-national and over-time perspective. To reach this aim, project covers a broad scope of topics from the field of Sociology, Political Science, International Relations, Economics, Public Health, Demography, Anthropology, Social Psychology and etc. In addition, WVS is the only academic study which covers the whole scope of global variations, from very poor to very rich societies in all world’s main cultural zones.

The WVS combines two institutional components. From one side, WVS is a scientific program and social research infrastructure that explores people’s values and beliefs. At the same time, WVS comprises an international network of social scientists and researchers from 120 world countries and societies. All national teams and individual researchers involved into the implementation of the WVS constitute the community of Principal Investigators (PIs). All PIs are members of the WVS.

The WVS seeks to help scientists and policy makers understand changes in the beliefs, values and motivations of people throughout the world. Thousands of political scientists, sociologists, social psychologists, anthropologists and economists have used these data to analyze such topics as economic development, democratization, religion, gender equality, social capital, and subjective well-being. The WVS findings have proved to be valuable for policy makers seeking to build civil society and stable political institutions in developing countries. The WVS data is also frequently used by governments around the world, scholars, students, journalists and international organizations such as the World Bank, World Health Organization (WHO), United Nations Development Program (UNDP) and the United Nations Headquarters in New York (USA). The WVS data has been used in thousands of scholarly publications and the findings have been reported in leading media such as Time, Newsweek, The New York Times, The Economist, the World Development Report, the World Happiness Report and the UN Human Development Report.

The World Values Survey Association is governed by the Executive Committee, the Scientific Advisory Committee, and the General Assembly, under the terms of the Constitution.

Strategic goals for the 7th wave included:

Expansion of territorial coverage from 60 countries in WVS-6 to 80 in WVS-7; Deepening collaboration within the international development community; Deepening collaboration within NGOs, academic institutions and research foundations; Updating the WVS-7 questionnaire with new topics & items covering new social phenomena and emerging processes of value change; Expanding the 7th wave WVS with data useful for monitoring the SDGs; Expanding capacity and resources for survey fieldwork in developing countries. The 7th wave continued monitoring cultural values, attitudes and beliefs towards gender, family, and religion; attitudes and experience of poverty; education, health, and security; social tolerance and trust; attitudes towards multilateral institutions; cultural differences and similarities between regions and societies. In addition, the WVS-7 questionnaire has been elaborated with the inclusion of such new topics as the issues of justice, moral principles, corruption, accountability and risk, migration, national security and global governance.

For more information on the history of the WVSA, visit https://www.worldvaluessurvey.org/WVSContents.jsp ›Who we are › History of the WVSA.

Geographic coverage

Great Britain.

The WVS has just completed wave 7 data that comprises 64 surveys conducted in 2017-2022. With 64 countries and societies around the world and more than 80,000 respondents, this is the latest resource made available for the research community.

The WVS-7 survey was launched in January 2017 with Bolivia becoming the first country to conduct WVS-7. In the course of 2017 and 2018, WVS-7 has been conducted in the USA, Mexico, Brazil, Argentina, Chile, Ecuador, Peru, Andorra, Greece, Serbia, Romania, Turkey, Russia, Germany, Thailand, Australia, Malaysia, Indonesia, China, Pakistan, Egypt, Jordan, Nigeria, Iraq and over dozen of other world countries. Geographic coverage has also been expanded to several new countries included into the WVS for the first time, such as Bolivia, Greece, Macao SAR, Maldives, Myanmar, Nicaragua, and Tajikistan.

Analysis unit

Household, Individual

Sampling procedure

The sample type preferable for using in the World Values Survey is a full probability sample of the population aged 18 years and older. A detailed description of the sampling methodology is provided in the country specific sample design documentation available for download from WVS.

A detailed description of the sampling methodology is provided in the Great Britain 2022 sample design documentation available for download from WVS and also from the Downloads section of the metadata.

Mode of data collection

Other [oth]

Research instrument

The survey was fielded in the following language(s): English. The questionnaire is available for download from the WVS website.

By 2030, the middle-class population in Asia-Pacific is expected to increase from **** billion people in 2015 to **** billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from *** million in 2015 to *** million in 2030. Worldwide wealth While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around ** percent of the world’s population had assets valued at less than 10,000 U.S. dollars, while less than *** percent had assets of more than one million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percentage of non-investable assets. The middle-class The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth among the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle class.

The gross domestic product of the United Kingdom in 2024 was around 2.78 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.75 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.

In 2024, there were nearly 24 million people with a net worth of over one million U.S. dollars in the United States, which put the country on the top of the ranking. China was ranked second in that year, with more than six million individuals with wealth exceeding one million U.S. dollars. France followed in third with around three million millionaires.

In the build up to the Second World War, the United States was the major power with the highest gross domestic product (GDP) per capita in the world. In 1938, the United States also had the highest overall GDP in the world, and by a significant margin, however differences in GDP per person were much smaller. Switzerland In terms of countries that played a notable economic role in the war, the neutral country of Switzerland had the highest GDP per capita in the world. A large part of this was due to the strength of Switzerland's financial system. Most major currencies abandoned the gold standard early in the Great Depression, however the Swiss Franc remained tied to it until late 1936. This meant that it was the most stable, freely convertible currency available as the world recovered from the Depression, and other major powers of the time sold large amounts of gold to Swiss banks in order to trade internationally. Switzerland was eventually surrounded on all sides by Axis territories and lived under the constant threat of invasion in the war's early years, however Swiss strategic military planning and economic leverage made an invasion potentially more expensive than it was worth. Switzerland maintained its neutrality throughout the war, trading with both sides, although its financial involvement in the Holocaust remains a point of controversy. Why look at GDP per capita? While overall GDP is a stronger indicator of a state's ability to fund its war effort, GDP per capita is more useful in giving context to a country's economic power in relation to its size and providing an insight into living standards and wealth distribution across societies. For example, Germany and the USSR had fairly similar GDPs in 1938, whereas Germany's per capita GDP was more than double that of the Soviet Union. Germany was much more industrialized and technologically advanced than the USSR, and its citizens generally had a greater quality of life. However these factors did not guarantee victory - the fact that the Soviet Union could better withstand the war of attrition and call upon its larger population to replenish its forces greatly contributed to its eventual victory over Germany in 1945.

As of 2025, the GDP per capita or gross domestic product per person was almost ****** U.S. dollars per person. The GDP per capita is derived from the country's total GDP divided by the population. The average or mean wealth per person in the United Kingdom (UK) was higher than the median or middle value of wealth per person living in the UK.

As of 2021, Russia held natural resources amounting to an estimated total value of ** trillion U.S. dollars. This figure includes the value of Russia’s many valuable natural resources, which includes coal, oil, natural gas, gold, timber, and rare earth metals, among others. Natural Resources Natural resources can be defined as resources that occur naturally and exist independently from the actions of humans. They are commonly categorized in biotic and abiotic resources, where biotic refers to living and organic materials (such as plants), and abiotic resources to refers to non-living materials (such as minerals). Furthermore, natural resources can be divided into the categories of renewable and non-renewable. Renewable resources such as wind, sunlight, and forests are not permanently depleted when we consume or utilize them. Conversely, non-renewable resources are available in finite quantities and can be permanently depleted because of this. Among the most prominently known non-renewable resources on Earth are fossil fuels such as coal, natural gas, and petroleum, usually exploited by humankind to generate energy. Natural resources and sustainability The value of natural resources is often determined by their scarcity and by their value for our modern economies. In the consumption-oriented, globalized world, industries need to balance meeting consumer demands and guaranteeing business growth while not over-exploiting and consequently depleting the natural resources of our planet. With natural resources having such high economic value and demand, in addition to the fact that many countries in the world have heavily resource-based economies, the socially, environmentally, and economically sustainable management of these resources is often an afterthought, if its considered at all. This issue is increasingly causing environmental issues, however, and more attention is now being paid by national governments and international environmental watch groups, as a result. Natural resources in the United States With a total natural resource value of ** trillion U.S. dollars, the U.S. is the second leading country worldwide based on natural resource value after Russia. Among the main contributors to the United States’ natural resource value are coal, timber, natural gas, gold, and copper. These industries have strong historic significance for the United States. The U.S. lumber industry, for example, originated during the colonial era, when importing timber from the United States saved people in the U.K. from cold winters. Nowadays, U.S. timber is mostly used for the production of pulp and paper, as well as furniture. The U.S. also has the largest proven coal reserves worldwide as of 2019. In 2020, the U.S. also accounted for *** percent of global coal production, which made the country the fifth-largest coal producer in the world.

In 2023, ******* individuals with net assets of at least ** million U.S. dollars were residing in the *************, by far the highest number of any country. By comparison, *****, which had the second highest number of ultra high net worth individuals (UHNWIs), had less than 100,000 individuals with assets amounting to ** million U.S. dollars or more.Place of residence of ultra high net worth individuals The residency of almost half of the world’s ultra high net worth individuals in the United States explains the dominance of North America in regard to the number of ultra high net worth individuals by region. Hong Kong was the city with the most UHNWIs in 2022, followed by New York, London, and Los Angeles. Source of wealth and gender differences A majority of the world's UHNWIs are self-made. However, looking at billionaires, there is a clear difference between men and women; whereas a majority of billionaire men were self-made, a majority of the women had inherited their fortune.

In 2022, the majority of Indian adults had a wealth of 10,000 U.S. dollars or less. On the other hand, about *** percent were worth more than *********** dollars that year. India The Republic of India is one of the world’s largest and most economically powerful states. India gained independence from Great Britain on August 15, 1947, after having been under their power for 200 years. With a population of about *** billion people, it was the second most populous country in the world. Of that *** billion, about **** million lived in New Delhi, the capital. Wealth inequality India suffers from extreme income inequality. It is estimated that the top 10 percent of the population holds ** percent of the national wealth. Billionaire fortune has increase sporadically in the last years whereas minimum wages have remain stunted.