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9 Richest Countries in the World

04/08/2016

The income and GDP of any country assume a weighty role in choosing the worth of its economy and here we have presented a list of the 9 wealthiest nations of the world considering their gross domestic product (GDP) in view of Purchasing-Power-Parity (PPP) per capita which thinks about the summed up contrasts in the cost of living and standards between nations. The stats have been provided by the World Bank and the International Monetary Fund.

Here, we go exploring a few richest countries in the world:

Qatar

image from dsim

Image: Desert Safari, Doha

Per capita income: $146,000

Capital: Doha

The nation ranks at the top in the list of the world’s 9 richest countries because of its highest per capita income. With the economy growing like clappers and citizens owing everything, the country is supported by the world third natural gas and oil reserves.

Luxembourg

image from dsim

Image: National Museum of History and Art, Luxembourg City

Per Capita Income: $94,000

Capital: Luxembourg City

Luxembourg is a small European country, encircled by Belgium, Germany and France. With the per capita income of $94,000, the nation ranks second in the list. The country is perceived as a differentiated industrialized nation and is a popular tourist spot being one of Europe’s most archeologically important cities.

Singapore

image from dsim

Image: Esplanade Theatre, Singapore

Per Capita Income: $85,000

Capital: Singapore

A small nation made up of sixty-three islands, located in Southeast Asia, Singapore is the third richest country in the world. The country has burgeoning business environment and is worldly distinguished for its idiosyncratic infrastructure for tech-startups.

Brunei

image from dsim

Image: Jerudong Park, Brunei

Per Capita Income: $80,000

Capital: Bandar Seri Begawan

Supported by export of crude oil and natural gas, the country is the fourth in the list with per capita income of $80,000. The country has a prosperous economy and is a combination of foreign and native entrepreneurship, government ruling and benefit measures, and village traditions. The country is home to one of the world’s richest royals, the Sultan of Brunei, ‘Hassanal Bolkiah.’

Kuwait

image from dsim

Image: Kuwait Towers, Kuwait

Per Capita Income: $72,000

Capital: Kuwait City

The country is marked by excellent museums, assorted malls, and stunning architecture. With nearly 10% of the world’s oil reserves, the country is the world’s eleventh largest oil producer and seventh largest exporter.

Norway

image from dsim

Image: Roros, Norway

Per Capita Income: $68,000

Capital: Oslo

The nation has the world’s largest sovereign wealth fund and maximum of its economic growth is fueled by the richness of natural resources, counting petroleum production, hydroelectric power, and fisheries. Encompassing natural attractions like mountains, glaciers and fjords, the country is one of the most beautiful countries on the Earth.

United Arab Emirates

image from dsim

Image: Burj Khalifa, Dubai

Per capita income: $68,000

Capital: Abu Dhabi

The site of ultramodern Burj Khalifa tower, enormous shopping centers and extravagant attractions, the United Arab Emirates (UAE) is an Arabian Peninsula nation.  The nation is exceedingly contingent on oil, with more than 85% of its economy centered on the oil exports.

United States of America

image from dsim

Image: Disney World, Florida

Per Capita Income: $57,000

Capital: Washington, D.C.

The country has the world’s largest economy and is a country of 50 states covering a vast swath of North America. With a total population of 322 million, United States is the third most populous country in the world after China and India. The country is the largest producer of oil and natural gas and is also one of the world’s largest trading nations. The country hosts the New York Stock Exchange, the world’s largest stock exchange.

Switzerland

image from dsim

Image: The Rhine Falls, Switzerland

Per capita income: $56,000

Capital: Bern

Switzerland, the producer of Swiss chocolates and luxury watches is a mountainous central European country. Home to copious lakes, rural communities and the high peaks of the Alps, the country is amongst the world’s richest economies. Its policy of enduring financial security and governmental stability has facilitated it remain the prevalent center for global offshore wealth.

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