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What is the richest small country in Europe?

Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high standard of living.



In 2026, Luxembourg remains the richest small country in Europe, consistently ranking at the top of the world for GDP per capita (often exceeding $130,000). Despite its small size, it is a global powerhouse in the financial services sector and is the second-largest investment fund center in the world after the United States. Monaco and Liechtenstein also vie for the title; Monaco has the highest concentration of millionaires and billionaires per capita, while Liechtenstein has a highly specialized industrial sector. However, when measuring the wealth of the average citizen and the strength of the national economy, Luxembourg's diverse fiscal base—combined with its role as a seat for several EU institutions—secures its position. In 2026, it also boasts the highest minimum wage in the European Union, reflecting its immense national wealth and high standard of living.

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