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Sunday, 10 December 2017

Top 10 Richest country in the world

Among the 196 countries present the world; it is quite a competition to make a significant place in the top 10. These countries are all developed countries and their economy is measured in terms of per capita income. And here are  amazingly rich countries of the world!


10. Saudi Arabia


The land of petrol and oil, Saudi Arabia is the only Arab country to be among the G-20 major economies. It is also known as ‘The Land of Holy Mosques’. Saudi Arabia is also the world’s largest producer and exporter of petroleum products. It has made its way to the top 10 countries in terms of economy with the per capita income of 56000 USD.

9. Switzerland


Known for its mesmerizing beauty and scenic art, Switzerland has one of the most stable economies of the world. High foreign investment is the reason for its increase in per capita income. It stands on the 9th position with per capita income of 56000 USD.

8. The United States Of America

richest
Thinking of developed countries, USA comes first in our minds. The stock exchange market in New York is the largest in the world. The per capita income of USA is 57000 USD.

7. The United Arab Emirates

richest
The second largest Arab economy, UAE has almost all of its revenues from oil trading. Tourism also generates a good amount of revenue for UAE. Its per capita income is 68000 USD making it the 7th richest country in the world.

6. Norway


Norway is a country with people having high standards of living as compared to any other European country. Its per capita income is 68000 USD.

5. Kuwait


Kuwait is one of the richest Arab countries. 95% of the revenues generated are because of oil trading. Having a per capita income of 72000 USD, Kuwait stands on the 5th position.

4. Brunei


Generating over half of its revenues from crude oil exports, Brunei stands 4th with a per capita income of 80000 USD.

3. Singapore


Known as one of the richest countries in Asia, Singapore stands out because of its stable political and economic conditions. It is the 3rd richest country in the world with a per capita income of 85000 USD.

2. Luxembourg


Banking, steel and industrial sector of this country makes it stand on the second position in terms of economy. It has a per capita income of 94000 USD.



1. Qatar




The country is known for its highest GDP in the world. Petroleum trading contributes to more than 65% of its economy. It is the richest country in the world with per capita income of 146000 USD.
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