The 25 richest countries, ranked

S.Borisov/ShutterstockFrance is among the richest countries, with a GDP per capita of $41,396 (£28,749).

Small countries continue to dominate the list of the world’s richest countries, while the top three are unchanged from 2015, according to an analysis by Global Finance Magazine.

Based on data from the World Bank and the International Monetary Fund, the magazine ranked the world’s countries according to their gross domestic product based on purchasing power parity per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

Twelve of the 25 richest countries are in Europe, while the US and Canada also made the cut. The UK did not make the top 25, ranking at No. 27 with a GDP per capita of $39,224 (£27,241).

Some small countries, such as Liechtenstein, Nauru, Vatican City, Monaco, San Marino, and Andorra were not included in the study.

The GDP per capita listed represents the amount of wealth produced in 2015 and is expressed in international dollars.

Here are the top 25 (and here’s the full study):