From the whole of almost 200 countries, we have tracked down the list of top richest counties that are grossing many millions, billions or even trillions each year. The richest factor of a country defined by their per capita. There are so many countries that are collecting many chunks for their natural resources such as petroleum and other natural resources. However, the countries with the strongest banking system can also track down the name in the list.
The ranking has been taken on the basis of “International Monetary Fund’s October 2017 Data” which is responsible to reveal the GPD per capita of each country. Let’s check out our list of 15 Richest Countries in the world.
15 Iceland – GDP per Capita: $52,150
Let’s get started with one of the most beautiful countries in the world. No doubt, Iceland has gained much fame for being a member of many lists. Either we are listing down the most beautiful countries or revealing names of countries with the lowest crime rate. Iceland is always on the list and the now the country also included in 15 Richest countries for having handsome GDP per capita.
14 Netherland – GDP per Capita: $53,580
Though, the economy of the Netherland has been negatively affected negatively by Brexit. In 2016, the IMF reported that the country has been recovering its economy very fast. The Kingdom of Netherland has a total population of 17 million which is the combined sum of Aruba, Curacao and Sint Maarten.
13 Saudi Arabia – GDP per Capita: $55,260
The Yearly revenue majorly summed-up through two main resources. First, Saudi Arabia has a rich source of natural oil while another resource is its tourists. As Saudi Arabia attracts millions of pilgrims from all over the world every year because of being the Holiest city for Muslims.
12 United States – GDP per Capita: $59,500
Next up on our list of richest countries features the United States of America. The kingdom of 50 states is the home of approx. 325 million people. It has a major expansion in its economy since 1850. IMF has revealed the U.S income growth is mainly from spending and investing.
11 San Marino – GDP per Capita: $60,360
San Marino, the homeland of nearly 9 million people has activated its recovery mode. The country is on the way to rapidly growing the revenue. According to the IMF report, San Marino boosts up the development and provided a rising employment rate.
10 Hong Kong – GDP per Capita: $61,020
Despite facing the slowest growth rate, Hong Kong is beautifully managed to grab a rank in our list of 15 richest countries in the world. The global trade of tourism has been slowed down since 2016. However, Hong Kong is spending a lot to regain the growth rate for a population of 7 million people.
9 Switzerland – GDP per Capita: $61,360
No doubt, Switzerland is the most beautiful country in the world. There is a total of 8 million people living in the romantic country. Although the country has a handsome GDP per capita, the country has been unleashing different policies to boost up the economic recovery. The country can also uplift more because of the eye-catching and sizzling sights in the country.
8 United Arab Emirates – GDP per Capita: $68,250
When to talk about the richest counties, it’s unfair to overlook the United Arab Emirates. The well-developed rising country is demanding tens of thousands of employees to make it a highly developed country. Although, United Arab Emirate has a rich source of oil the lower prices decreasing the revenue.
7 Kuwait – GDP per Capita: $69,670
Kuwait, the country with the 4 million people, has the $69,670 GDP per Capita for being the richest resource of natural oil. The IMF has also reported that although oil is the main source of income, the lower price is lifting down their revenues every year.
6 Norway – GDP per Capita: $70,590
IMF has mentioned tourism the biggest fact about the country per capita. Norway is the home to only 5 million people. Its GDP goes down with the amendments in oil rates.
5 Ireland – GDP per Capita: $72,630
Ireland is famous for its cool weather and nicest people. It’s one of the European Country that which is grossing handsome growth rate.
4 Brunei – GDP per Capita: $76,740
According to IMF, Brunei has declined it’s per year growth comparatively 2016. The Country is wealthiest and has only 400,000 people, but the country is actually faired that ever expected. When it comes to income sources, Brunei is collecting 90% revenue from Oil and gas.
3 Singapore – GDP per Capita: $90,530
Unlike many other richest countries in the world, Singapore has uplifted its economy to about 2.7% and continuously growing year-on-year. IMF noted that the 3rd richest country has been limited to only export-oriented fields for rising its economic growth.
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2 Luxembourg – GDP per Capita: $109,190
Luxembourg is the second richest country on earth. One of the most beautiful countries has only the whole of 600,000 individuals. The country has the strongest workforce and economically beneficial policies.
1 Qatar – GDP per Capita: $124,930
Here we have our richest country in the world, Qatar. It’s the small Middle Eastern country which has an approximate population of 2.27 million. The rich oil and gas natural source have been raising up the country’s growth to $142,930 per capita.