Is Canada rich than USA?
The economies of Canada and the United States are similar because both are developed countries. While both countries feature in the top ten economies in the world in 2022, the U.S. is the largest economy in the world, with US$24.8 trillion, with Canada ranking ninth at US$2.2 trillion.
Why is Canada such a rich country?
There are many reasons for this: Rich in minerals. Rich in other natural resources, such as forestry, fisheries, fresh water, etc. Toronto has grown to be North America's fourth largest city, becoming a hub of innovation, tech, finance, etc.
Who is the No 1 richest country in the world?
Is Canada richer than India? Yes. Canada is richer than India. The GDP per capita of Canada is $46,150, whereas GDP per capita of India is $6,125 as of 2020.