How many Bitcoin should your country own?

Based on Population

Simplifying slightly, assuming all 21M Bitcoin are mined, and none are lost, the number of Bitcoin each country should have, (or held by it's population), is shown below.

There are a few countries right now sitting quite comfortably, in a Bitcoin economy they could be catapulted from one of the poorest to riches countries in the world. Others will potentially have to pay more to catchup later or continue to fight to maintain the current system. As the efficiencies of the Bitcoin economy become more and more apparent the cost to maintain and compete using the existing model will become more and more costly. There are multiple ways a country could end up in a stronger position through Bitcoin.

  • The government themselves hold Bitcoin.
  • Bitcoin regulation encourages development of infrastructure and a mindset of holding some of your wealth in Bitcoin.
  • Government controls, restrictions and currency instability highlight the need for Bitcoin and drive adoption.

All three are happening right now, and at different rates across the globe. In a way, some of the most stable countries could end up being harmed the most by this as their populations are the slowest to adapt as the need for change is lowest.


Country Name Population Estimate Bitcoin Share by Population
Aruba 106,300 283
Afghanistan 38,041,800 101,124
Angola 31,825,300 84,599
Albania 2,854,200 7,587
Andorra 77,100 205
Arab World 427,870,300 1,137,377
United Arab Emirates 9,770,500 25,972
Argentina 44,938,700 119,457
Armenia 2,957,700 7,862
American Samoa 55,300 147
Antigua and Barbuda 97,100 258
Australia 25,365,700 67,428
Austria 8,879,900 23,605
Azerbaijan 10,024,300 26,647
Burundi 11,530,600 30,651
Belgium 11,502,700 30,577
Benin 11,801,200 31,370
Burkina Faso 20,321,400 54,019
Bangladesh 163,046,200 433,414
Bulgaria 6,975,800 18,543
Bahrain 1,641,200 4,363
Bahamas, The 389,500 1,035
Bosnia and Herzegovina 3,301,000 8,775
Belarus 9,417,800 25,035
Belize 390,400 1,038
Bermuda 64,000 170
Bolivia 11,513,100 30,604
Brazil 211,049,500 561,018
Barbados 287,000 763
Brunei Darussalam 433,300 1,152
Bhutan 763,100 2,028
Botswana 2,303,700 6,124
Central African Republic 4,745,200 12,614
Canada 37,593,400 99,932
Central Europe and the Baltics 102,393,100 272,184
Switzerland 8,575,300 22,795
Channel Islands 172,300 458
Chile 18,952,000 50,379
China 1,397,715,000 3,715,445
Cote d'Ivoire 25,716,500 68,360
Cameroon 25,876,400 68,785
Congo, Dem. Rep. 86,790,600 230,709
Congo, Rep. 5,380,500 14,303
Colombia 50,339,400 133,814
Comoros 850,900 2,262
Cabo Verde 549,900 1,462
Costa Rica 5,047,600 13,418
Caribbean small states 7,401,400 19,675
Cuba 11,333,500 30,127
Curacao 157,400 419
Cayman Islands 64,900 173
Cyprus 1,198,600 3,186
Czech Republic 10,671,900 28,368
Germany 83,093,000 220,880
Djibouti 973,600 2,588
Dominica 71,800 191
Denmark 5,814,400 15,456
Dominican Republic 10,739,000 28,547
Algeria 43,053,100 114,445
East Asia & Pacific (excluding high income) 2,093,675,000 5,565,465
Early-demographic dividend 3,290,291,000 8,746,343
East Asia & Pacific 2,340,692,000 6,222,093
Europe & Central Asia (excluding high income) 399,389,200 1,061,668
Europe & Central Asia 921,193,000 2,448,741
Ecuador 17,373,700 46,183
Egypt, Arab Rep. 100,388,100 266,854
Euro area 342,671,000 910,898
Eritrea - -
Spain 47,133,500 125,292
Estonia 1,326,900 3,527
Ethiopia 112,078,700 297,931
European Union 447,580,100 1,189,770
Fragile and conflict affected situations 798,133,200 2,121,620
Finland 5,521,600 14,678
Fiji 890,000 2,366
France 67,055,900 178,250
Faroe Islands 48,700 129
Micronesia, Fed. Sts. 113,800 303
Gabon 2,172,600 5,775
United Kingdom 66,836,300 177,666
Georgia 3,720,200 9,889
Ghana 30,417,900 80,858
Gibraltar 33,700 90
Guinea 12,771,200 33,949
Gambia, The 2,347,700 6,241
Guinea-Bissau 1,920,900 5,106
Equatorial Guinea 1,356,000 3,605
Greece 10,717,200 28,489
Grenada 112,000 298
Greenland 56,200 149
Guatemala 16,604,000 44,137
Guam 167,300 445
Guyana 782,800 2,081
Hong Kong SAR, China 7,507,400 19,956
Honduras 9,746,100 25,907
Croatia 4,065,300 10,806
Haiti 11,263,100 29,940
Hungary 9,771,100 25,974
IBRD only 4,816,229,000 12,802,634
IDA & IBRD total 6,486,921,500 17,243,715
IDA total 1,670,692,500 4,441,081
IDA blend 561,571,900 1,492,786
Indonesia 270,625,600 719,384
IDA only 1,109,120,600 2,948,295
Isle of Man 84,600 225
India 1,366,417,800 3,632,250
Ireland 4,934,000 13,116
Iran, Islamic Rep. 82,913,900 220,404
Iraq 39,309,800 104,494
Iceland 360,600 958
Israel 9,054,000 24,068
Italy 60,302,100 160,297
Jamaica 2,948,300 7,837
Jordan 10,101,700 26,853
Japan 126,264,900 335,641
Kazakhstan 18,513,700 49,214
Kenya 52,574,000 139,754
Kyrgyz Republic 6,456,200 17,162
Cambodia 16,486,500 43,825
Kiribati 117,600 313
St. Kitts and Nevis 52,800 140
Korea, Rep. 51,709,100 137,455
Kuwait 4,207,100 11,183
Latin America & Caribbean (excluding high income) 613,773,100 1,631,549
Lao PDR 7,169,500 19,058
Lebanon 6,855,700 18,224
Liberia 4,937,400 13,125
Libya 6,777,500 18,016
St. Lucia 182,800 486
Latin America & Caribbean 646,430,800 1,718,360
Least developed countries: UN classification 1,033,388,900 2,746,983
Low income 668,455,000 1,776,906
Liechtenstein 38,000 101
Sri Lanka 21,803,000 57,957
Lower middle income 2,913,369,100 7,744,399
Low & middle income 6,437,665,800 17,112,782
Lesotho 2,125,300 5,649
Late-demographic dividend 2,298,506,700 6,109,954
Lithuania 2,794,100 7,427
Luxembourg 620,000 1,648
Latvia 1,913,800 5,087
Macao SAR, China 640,400 1,702
St. Martin (French part) 38,000 101
Morocco 36,471,800 96,950
Monaco 39,000 104
Moldova 2,663,300 7,080
Madagascar 26,969,300 71,691
Maldives 531,000 1,411
Middle East & North Africa 456,709,500 1,214,038
Mexico 127,575,500 339,125
Marshall Islands 58,800 156
Middle income 5,769,210,800 15,335,877
North Macedonia 2,083,500 5,538
Mali 19,658,000 52,256
Malta 504,100 1,340
Myanmar 54,045,400 143,665
Middle East & North Africa (excluding high income) 389,457,100 1,035,266
Montenegro 622,000 1,653
Mongolia 3,225,200 8,573
Northern Mariana Islands 57,200 152
Mozambique 30,366,000 80,720
Mauritania 4,525,700 12,030
Mauritius 1,265,700 3,365
Malawi 18,628,700 49,519
Malaysia 31,949,800 84,930
North America 365,896,900 972,637
Namibia 2,494,500 6,631
New Caledonia 287,800 765
Niger 23,310,700 61,965
Nigeria 200,963,600 534,207
Nicaragua 6,545,500 17,399
Netherlands 17,344,900 46,107
Norway 5,347,900 14,216
Nepal 28,608,700 76,048
Nauru 12,600 33
New Zealand 4,979,300 13,236
OECD members 1,360,092,900 3,615,437
Oman 4,975,000 13,225
Other small states 31,361,300 83,365
Pakistan 216,565,300 575,680
Panama 4,246,400 11,288
Peru 32,510,500 86,420
Philippines 108,116,600 287,399
Palau 18,000 48
Papua New Guinea 8,776,100 23,329
Poland 37,965,500 100,921
Pre-demographic dividend 944,902,700 2,511,767
Puerto Rico 3,193,700 8,490
Korea, Dem. People's Rep. 25,666,200 68,227
Portugal 10,286,300 27,343
Paraguay 7,044,600 18,726
West Bank and Gaza 4,685,300 12,455
Pacific island small states 2,493,700 6,629
Post-demographic dividend 1,113,006,500 2,958,625
French Polynesia 279,300 742
Qatar 2,832,100 7,528
Romania 19,366,200 51,480
Russian Federation 144,406,300 383,865
Rwanda 12,627,000 33,565
South Asia 1,835,776,700 4,879,913
Saudi Arabia 34,268,500 91,094
Sudan 42,813,200 113,807
Senegal 16,296,400 43,319
Singapore 5,703,600 15,161
Solomon Islands 669,800 1,781
Sierra Leone 7,813,200 20,769
El Salvador 6,453,600 17,155
San Marino 33,900 90
Somalia 15,442,900 41,051
Serbia 6,945,200 18,462
Sub-Saharan Africa (excluding high income) 1,105,594,600 2,938,922
South Sudan 11,062,100 29,406
Sub-Saharan Africa 1,106,957,900 2,942,546
Small states 41,256,300 109,669
Sao Tome and Principe 215,100 572
Suriname 581,400 1,545
Slovak Republic 5,454,100 14,498
Slovenia 2,088,400 5,551
Sweden 10,278,900 27,324
Eswatini 1,148,100 3,052
Sint Maarten (Dutch part) 40,700 108
Seychelles 97,600 260
Syrian Arab Republic 17,070,100 45,376
Turks and Caicos Islands 38,200 102
Chad 15,946,900 42,390
East Asia & Pacific (IDA & IBRD countries) 2,067,984,200 5,497,173
Europe & Central Asia (IDA & IBRD countries) 460,786,200 1,224,875
Togo 8,082,400 21,485
Thailand 69,625,600 185,081
Tajikistan 9,321,000 24,777
Turkmenistan 5,942,100 15,795
Latin America & the Caribbean (IDA & IBRD countries) 630,644,800 1,676,397
Timor-Leste 1,293,100 3,437
Middle East & North Africa (IDA & IBRD countries) 384,771,800 1,022,811
Tonga 104,500 278
South Asia (IDA & IBRD) 1,835,776,700 4,879,913
Sub-Saharan Africa (IDA & IBRD countries) 1,106,957,900 2,942,546
Trinidad and Tobago 1,395,000 3,708
Tunisia 11,694,700 31,087
Turkey 83,429,600 221,775
Tuvalu 11,600 31
Tanzania 58,005,500 154,192
Uganda 44,269,600 117,679
Ukraine 44,386,200 117,989
Upper middle income 2,855,841,800 7,591,478
Uruguay 3,461,700 9,202
United States 328,239,500 872,535
Uzbekistan 33,580,400 89,264
St. Vincent and the Grenadines 110,600 294
Venezuela, RB 28,515,800 75,802
British Virgin Islands 30,000 80
Virgin Islands (U.S.) 106,700 284
Vietnam 96,462,100 256,418
Vanuatu 299,900 797
World 7,673,656,900 20,398,328
Samoa 197,100 524
Kosovo 1,788,900 4,755
Yemen, Rep. 29,161,900 77,519
South Africa 58,558,300 155,661
Zambia 17,861,000 47,479
Zimbabwe 14,645,500 38,931

Based on GDP

Looking at it another way, richer countries will want to maintain their current position and share of global wealth. By looking at share of GDP we see a very different split with some countries requiring 10x than if split by population.

Country Name GDP Estimate Bitcoin Share of Global GDP
Afghanistan 19,291,104,008 4,617
Angola 88,815,697,793 21,259
Albania 15,279,183,290 3,657
Andorra 3,154,057,987 755
Arab World 2,817,414,584,665 674,368
United Arab Emirates 421,142,267,938 100,803
Argentina 445,445,177,459 106,620
Armenia 13,672,802,158 3,273
Antigua and Barbuda 1,661,962,963 398
Australia 1,396,567,014,733 334,278
Austria 445,075,391,688 106,532
Azerbaijan 48,047,647,059 11,501
Burundi 3,012,334,882 721
Belgium 533,097,455,835 127,601
Benin 14,390,709,095 3,445
Burkina Faso 15,990,803,570 3,828
Bangladesh 302,571,254,131 72,423
Bulgaria 68,558,815,112 16,410
Bahrain 38,574,069,149 9,233
Bahamas, The 13,578,800,000 3,250
Bosnia and Herzegovina 20,164,193,807 4,826
Belarus 63,080,457,023 15,099
Belize 1,879,613,600 450
Bermuda 7,484,113,000 1,791
Bolivia 40,895,322,844 9,789
Brazil 1,839,758,040,766 440,359
Barbados 5,209,000,000 1,247
Brunei Darussalam 13,469,422,959 3,224
Bhutan 2,530,547,158 606
Botswana 18,340,480,936 4,390
Central African Republic 2,220,307,369 531
Canada 1,736,425,629,520 415,626
Central Europe and the Baltics 1,668,851,928,932 399,452
Switzerland 703,082,435,159 168,288
Chile 282,318,159,745 67,575
China 14,279,937,467,431 3,418,005
Cote d'Ivoire 58,539,424,930 14,012
Cameroon 39,007,354,359 9,337
Congo, Dem. Rep. 50,400,746,171 12,064
Congo, Rep. 12,267,392,147 2,936
Colombia 323,615,979,419 77,460
Comoros 1,165,839,927 279
Cabo Verde 1,981,845,740 474
Costa Rica 61,801,385,049 14,793
Caribbean small states 77,721,714,918 18,603
Cuba 100,023 0
Curacao 3,101,787,709 742
Cyprus 24,948,935,408 5,972
Czech Republic 250,680,504,530 60,002
Germany 3,861,123,558,039 924,188
Djibouti 3,324,634,256 796
Dominica 582,403,704 139
Denmark 350,104,327,659 83,800
Dominican Republic 88,941,299,734 21,289
Algeria 171,091,289,782 40,952
East Asia & Pacific (excluding high income) 17,151,686,026,916 4,105,379
Early-demographic dividend 11,989,867,025,220 2,869,860
East Asia & Pacific 26,924,664,688,094 6,444,611
Europe & Central Asia (excluding high income) 3,248,461,689,442 777,543
Europe & Central Asia 22,792,819,661,713 5,455,624
Ecuador 107,435,665,000 25,715
Egypt, Arab Rep. 303,092,255,125 72,547
Euro area 13,356,063,677,261 3,196,869
Spain 1,393,490,524,518 333,542
Estonia 31,471,100,656 7,533
Ethiopia 95,912,590,628 22,957
European Union 15,626,448,476,438 3,740,302
Fragile and conflict affected situations 1,778,456,492,419 425,686
Finland 269,296,310,180 64,458
Fiji 5,496,250,694 1,316
France 2,715,518,274,227 649,979
Gabon 16,874,450,215 4,039
United Kingdom 2,829,108,219,166 677,167
Georgia 17,477,255,546 4,183
Ghana 66,983,634,224 16,033
Guinea 12,296,665,331 2,943
Gambia, The 1,826,073,740 437
Guinea-Bissau 1,339,449,165 321
Equatorial Guinea 11,026,774,945 2,639
Greece 209,852,761,133 50,230
Grenada 1,210,603,704 290
Guatemala 76,710,355,347 18,361
Guyana 5,173,759,528 1,238
High income 55,140,634,994,666 13,198,306
Hong Kong SAR, China 365,711,532,817 87,536
Honduras 25,095,395,475 6,007
Heavily indebted poor countries (HIPC) 783,061,756,162 187,431
Croatia 60,752,588,976 14,542
Haiti 14,332,163,266 3,431
Hungary 163,469,042,868 39,127
IBRD only 31,538,957,028,551 7,549,075
IDA & IBRD total 33,852,003,085,093 8,102,719
IDA total 2,320,313,648,145 555,384
IDA blend 991,547,520,067 237,334
Indonesia 1,119,190,780,753 267,886
IDA only 1,331,970,889,524 318,817
India 2,868,929,415,617 686,699
Ireland 388,698,711,348 93,038
Iran, Islamic Rep. 453,996 0
Iraq 234,094,042,939 56,032
Iceland 24,188,038,474 5,790
Israel 394,652,210,296 94,463
Italy 2,003,576,145,498 479,570
Jamaica 16,458,071,068 3,939
Jordan 44,502,895,862 10,652
Japan 5,081,769,542,380 1,216,358
Kazakhstan 181,665,908,556 43,483
Kenya 95,503,088,538 22,859
Kyrgyz Republic 8,454,619,608 2,024
Cambodia 27,089,389,787 6,484
Kiribati 194,647,202 47
St. Kitts and Nevis 1,053,244,444 252
Korea, Rep. 1,646,739,219,510 394,159
Kuwait 134,628,542,747 32,224
Latin America & Caribbean (excluding high income) 5,149,595,087,470 1,232,592
Lao PDR 18,173,839,147 4,350
Lebanon 51,991,634,492 12,445
Liberia 3,070,518,100 735
Libya 52,091,152,228 12,468
St. Lucia 2,122,450,630 508
Latin America & Caribbean 5,733,773,582,151 1,372,420
Least developed countries: UN classification 1,114,303,635,511 266,717
Low income 541,511,926,907 129,615
Liechtenstein  -
Sri Lanka 84,008,783,756 20,108
Lower middle income 6,334,933,300,546 1,516,312
Low & middle income 32,643,456,410,263 7,813,445
Lesotho 2,376,328,637 569
Late-demographic dividend 22,920,380,253,105 5,486,157
Lithuania 54,627,411,860 13,075
Luxembourg 71,104,919,108 17,019
Latvia 34,102,913,582 8,163
Macao SAR, China 53,859,116,536 12,892
Morocco 119,700,325,462 28,651
Monaco  -
Moldova 11,968,713,370 2,865
Madagascar 14,114,631,281 3,378
Maldives 5,642,179,170 1,350
Middle East & North Africa 3,649,607,782,728 873,560
Mexico 1,268,870,527,160 303,713
Middle income 32,087,932,735,521 7,680,476
North Macedonia 12,547,040,499 3,003
Mali 17,279,566,719 4,136
Malta 14,989,415,684 3,588
Myanmar 76,085,852,617 18,212
Montenegro 5,542,577,965 1,327
Mongolia 13,996,719,329 3,350
Mozambique 15,291,448,212 3,660
Mauritania 7,600,656,944 1,819
Mauritius 14,048,430,519 3,363
Malawi 7,666,704,427 1,835
Malaysia 364,681,367,532 87,289
North America 23,177,135,742,520 5,547,613
Namibia 12,366,528,259 2,960
Niger 12,911,689,659 3,091
Nigeria 448,120,428,859 107,261
Nicaragua 12,520,915,291 2,997
Netherlands 907,050,863,145 217,109
Norway 403,336,363,636 96,541
Nepal 30,641,380,604 7,334
Nauru 118,223,430 28
New Zealand 206,928,765,544 49,530
OECD members 53,699,374,881,340 12,853,330
Oman 76,331,518,669 18,270
Other small states 432,092,892,349 103,425
Pakistan 278,221,906,023 66,594
Panama 66,800,800,000 15,989
Peru 226,848,050,820 54,298
Philippines 376,795,508,679 90,189
Palau 268,354,919 64
Papua New Guinea 24,829,107,011 5,943
Poland 595,858,207,012 142,623
Pre-demographic dividend 1,403,794,376,561 336,008
Puerto Rico 104,988,600,000 25,130
Portugal 238,785,085,031 57,155
Paraguay 38,145,288,940 9,130
Pacific island small states 10,634,784,073 2,546
Post-demographic dividend 50,769,917,916,182 12,152,143
Qatar 175,837,550,996 42,088
Romania 250,077,444,017 59,858
Russian Federation 1,699,876,578,871 406,878
Rwanda 10,354,417,725 2,478
South Asia 3,591,836,570,467 859,732
Saudi Arabia 792,966,838,162 189,802
Sudan 30,513,456,085 7,304
Senegal 23,578,084,052 5,644
Singapore 372,062,527,489 89,056
Solomon Islands 1,589,913,622 381
Sierra Leone 4,121,733,705 987
El Salvador 27,022,640,000 6,468
San Marino  -
Somalia  -
Serbia 51,475,016,532 12,321
Sub-Saharan Africa (excluding high income) 1,751,180,043,654 419,157
South Sudan  -
Sub-Saharan Africa 1,766,941,400,078 422,930
Small states 520,457,174,771 124,575
Sao Tome and Principe 418,637,389 100
Suriname 3,697,371,950 885
Slovak Republic 105,079,673,010 25,152
Slovenia 54,174,227,309 12,967
Sweden 530,883,869,005 127,071
Eswatini 4,471,598,727 1,070
Seychelles 1,703,387,387 408
Turks and Caicos Islands 1,197,415,000 287
Chad 11,314,951,343 2,708
East Asia & Pacific (IDA & IBRD countries) 17,118,925,821,623 4,097,537
Europe & Central Asia (IDA & IBRD countries) 4,155,157,371,202 994,567
Togo 5,490,272,413 1,314
Thailand 543,548,969,969 130,102
Tajikistan 8,116,626,794 1,943
Latin America & the Caribbean (IDA & IBRD countries) 5,487,957,496,814 1,313,582
Timor-Leste 2,017,924,900 483
Tonga 512,350,059 123
South Asia (IDA & IBRD) 3,591,836,570,467 859,732
Sub-Saharan Africa (IDA & IBRD countries) 1,766,941,400,078 422,930
Trinidad and Tobago 24,269,714,810 5,809
Tunisia 38,796,687,568 9,286
Turkey 761,425,499,358 182,253
Tuvalu 47,271,463 11
Tanzania 63,177,068,175 15,122
Uganda 35,165,157,017 8,417
Ukraine 153,781,069,118 36,809
Upper middle income 25,741,843,596,304 6,161,494
Uruguay 56,045,912,953 13,415
United States 21,433,226,000,000 5,130,196
Uzbekistan 57,921,286,440 13,864
St. Vincent and the Grenadines 824,718,519 197
Vietnam 261,921,244,843 62,693
Vanuatu 934,239,974 224
World 87,734,574,388,073 20,999,898
Samoa 852,250,191 204
Kosovo 7,926,133,714 1,897
Yemen, Rep. 22,581,081,994 5,405
South Africa 351,431,649,241 84,118
Zambia 23,309,773,923 5,579
Zimbabwe 21,440,758,800 5,132

Based on data - https://data.worldbank.org/

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