National teams values heading into the World Cup underline the growing financial power of international football, with elite talent spread across Europe’s biggest leagues and beyond.

From emerging superpowers to established giants, here are the 10 most valuable national teams squads at the tournament.

10. Belgium — $631.4 million

Jérémy Doku leads a Belgium squad transitioning away from its famed golden generation, with several iconic names now retired or past their peak.

Former talisman Eden Hazard has stepped away from international football, while veteran leaders Kevin De Bruyne and Romelu Lukaku remain influential but carry reduced market value due to age.

Doku, valued at around $75.6 million, is now Belgium’s standout asset, supported by key Premier League-based midfielders such as Amadou Onana and Youri Tielemans.

9. Norway — $698.97 million

Norway’s valuation is driven by the world’s most expensive player, Erling Haaland, whose market value alone exceeds $230 million.

The Manchester City striker is the tournament’s standout financial figure, but Norway’s strength goes beyond one man.

Arsenal captain Martin Ødegaard and Crystal Palace forward Jørgen Strand Larsen contribute significantly, giving the squad a competitive edge capable of causing upsets.

8. Argentina — $950.76 million

Even though Lionel Messi remains the biggest global name, his market value has dropped to around $17.45 million, reflecting his stage in career rather than influence.

The financial backbone of Argentina now lies with younger stars like Julián Álvarez and Enzo Fernández, both valued at over $100 million and expected to be central to the team’s future.

7. Netherlands — $973.68 million

The Netherlands boast one of the most balanced and expensive squads in Europe, featuring top talent across every department.

Liverpool midfielder Ryan Gravenberch leads the valuation chart, closely followed by Arsenal defender Jurriën Timber.

Attacking depth comes from Cody Gakpo and Tottenham defender Micky van de Ven, while Bayern Munich-linked stars continue to raise the squad’s overall worth.

6. Brazil — $1.06 billion

Brazil cross the $1 billion mark, powered by elite attacking talent and Premier League influence.

Vinícius Júnior and Raphinha headline the squad’s attacking value, while key players such as Gabriel, Bruno Guimarães, and Matheus Cunha add depth across all areas.

Injuries and absences have slightly reduced Brazil’s ceiling, but the squad remains one of the most feared in world football.

5. Germany — $1.16 billion

Germany’s squad is built around a powerful young core led by Jamal Musiala and Florian Wirtz, both valued at over $100 million.

Midfielder Aleksandar Pavlović adds further elite value, while experienced names like Kai Havertz and Nico Schlotterbeck ensure balance between youth and experience.

Despite inconsistency in recent tournaments, Germany remain serious contenders on paper.

4. Portugal — $1.19 billion

Portugal’s squad highlights a generational shift, with younger stars now carrying most of the financial weight.

Veteran forward Cristiano Ronaldo remains the symbolic leader, but his market value has dropped significantly compared to his peak years.

Paris Saint-Germain trio Vitinha, João Neves, and Nuno Mendes dominate Portugal’s valuation rankings, forming a technically gifted core.

3. Spain — $1.47 billion

Spain’s rise is driven by a new wave of elite young talent.

Lamine Yamal leads the squad’s valuation, supported by Barcelona teammates Pedri and Pau Cubarsí.

With additional depth from players like Dani Olmo and Martín Zubimendi, Spain’s squad is widely considered one of the most exciting at the tournament.

2. England — $1.52 billion

England’s squad is packed with high-value Premier League and European stars.

Jude Bellingham, Declan Rice, and Bukayo Saka lead a deep roster that reflects the country’s strong domestic development system.

With several players valued above $100 million, England enter the tournament as one of the most expensive and balanced squads.

1. France — $1.78 billion

France top the rankings comfortably, boasting the most valuable squad in world football.

Kylian Mbappé headlines a group of superstar talents, joined by Michael Olise, Ousmane Dembélé, Désiré Doué, William Saliba, and Rayan Cherki.

With multiple players valued above $100 million, France combine depth, youth, and elite-level experience, reinforcing their status as pre-tournament favourites.

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