Richest Countries in the World
|Rank||Country||Capital||Currency||GDP (Per Capita $)|
|5||Brunei Darussalam||Bandar Seri Begawan||Brunei Dollar||54,114|
|6||United States||Washington D.C.||US Dollar||51,704|
|8||San Marino||City of San Marino||Euro||42,724|
Source : International Monetary Fund (World Economic Outlook Database-October 2013)
* Though Hong Kong would appear at seventh place on this list with a GDP of $50,936 (per capita), it has not been shown as it a special administrative region of China.
This map shows the top ten richest countries in the world calculated as per their Gross Domestic Product (GDP) divided by the mid-year or average population of each country in that year, to arrive at the GDP at Purchasing Power Parity per capita (PPP) for the year.
Gross Domestic Product (GDP) is the total market value of all goods and services produced in a country in a given time period. In the rankings of the World's Top 10 Richest Countries based on GDP (PPP) per capita for the year, Qatar is placed first, with Luxembourg placed second. Qatar is an oil rich country in the Middle East with an abundance of natural resources, such as natural gas.
Luxembourg is one of the smallest countries in the world, located in northwestern Europe, whose population enjoys a high standard of living. It is also a favorite destination among European countries for political activities, thanks to its central location not far from EU headquarters. Once bolstered by the iron and steel industry, Luxembourg's economy is working to maintain its momentum by providing international banking and financial services. Among the countries on the list, three are in Asia (Qatar, Singapore, and Brunei), four are from Europe (Luxembourg, Norway, Switzerland, and San Marino), two are from North America (USA and Canada), and one is from Oceania (Australia). International financial services, tourism, petroleum and natural gas exports, electronic goods manufacturing, facilitating international trade (as in the case of Singapore) and a flourishing service sector are the keystones behind the economic success of these nations which has led to their topping the table of the richest countries in the world.
Last Updated : August 06, 2014