Which country has the most chess grandmasters?

Which country has the most chess grandmasters?
The current top 10 is:

Monaco (12767 people per one grandmaster)
Iceland (26337)
Andorra (38772)
Faroe Islands (52110)
Armenia (75997)
Montenegro (104646)
Serbia (133206)
Georgia (133737)

The current top 10 is:
  • Monaco (12767 people per one grandmaster)
  • Iceland (26337)
  • Andorra (38772)
  • Faroe Islands (52110)
  • Armenia (75997)
  • Montenegro (104646)
  • Serbia (133206)
  • Georgia (133737)