25 Oldest Countries in the World

In this piece, we will take a look at the 25 oldest countries in the world. If you want to skip our analysis of the heritage tourism industry, head on over to 5 Oldest Countries in the World.

The Earth is a diverse place. And while humanity has only been around for a fraction of the planet's history, it's left its mark in both negative and positive ways. And today, we'll focus on the positive.

The latest data from the United Nations shows that as of January 2023, there were 1,157 World Heritage Sites. A heritage site is described as a location that is historically or culturally significant. Scattered throughout the globe, these mark humanity's evolution from hunter gatherers to a technologically advanced civilization.

These sites, combined with other traces of civilization also give birth to a vibrant tourism industry. These see millions of people travel all over the world each year to take a glimpse of the past. Officially, this tourism is dubbed Heritage Tourism. A quite self explanatory title, the industry covers a wide variety of locations that range from the popular pyramids to military installations and other facilities. And you might be surprised to know, this sector is also worth hundreds of billions of dollars. At least that's what a report from Grand View Market Research suggests, with the firm estimating that the heritage tourism market was worth $570 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 3.8% to be worth $778 billion by the end of 2030. This makes it one of the biggest non industrial and non technology industries in the world. The research firm also estimates that Asia was the biggest market and the Middle East will be the fastest growing region - with the industry as a whole also being dominated by the growth in online booking.

At the same time, just as humanity has evolved, so has the tourism industry. According to McKinsey, the aftermath of the coronavirus pandemic that dealt a massive shock to the tourism industry has naturally created new trends in it as well. As a whole, the tourism industry is worth a whopping $9 trillion. Now, governments and the private sector need to work together to coordinate their response to future disasters believes the consulting firm. It also has a rather somber prediction for the sector, believing that it can take as much as seven years for demand to normalize to 2019 levels. To help the companies deal with this overcapacity, McKinsey believes that governments need to step up and help the industry.

Alongside progressing in technology, healthcare, and education, humanity has also become greatly interlinked since the time of the Ancient Mayans and the Egyptians. In terms of monetary value, global merchandise trade stood at $25.3 trillion in 2022, marking a 12% annual growth according to the World Trade Organization (WTO) which attributes this growth to rising inflation in the aftermath of the Russian invasion of Ukraine. And, the oldest countries in the world are also the largest economies. The largest economy right now is the United States. In nominal terms, the American economy is worth $26.8 trillion, larger than the combined GDPs of the next two countries on the list, namely Japan and China. Looking at the top five economies in the world though, all are in the list of the oldest countries in the world. Quite interesting one would say, indicating that perhaps the age of a civilization does induce a level of stability that leads to economic growth. However, the rise of America as the most powerful nation in human history provides a glaring contrast showing that the supremacy of the rule of law and human enterprise carries the potential to stand against the tide of time.