Although Macau is the wealthiest territory in. See full list on worldatlas. Ranked among 1economies in the World Bank’s Ease of Doing Business index thanks to its good infrastructure and many tax incentives, Hong Kong is an incredibly popular destination to launch a start-up, with foreigners allowed to own 100% of their businesses without any citizenship, residency or nationality requirements.

As a result, the island as a whole is ex. The flat Arabian Desert covers most of Kuwait’s territory. A lot of oil: Kuwait makes up about 8% of the world’s total reserves. The oil industry accounts today for nearly one-half of the country’s GDP and over 90% of its exports.

Agriculture, fishing and trading pearls: these used to be the economic mainstays of this Persian Gulf nation. Norway’s economic engine is fueled by oil.

As western Europe’s top petroleum producer, the country has benefitted from rising prices after years of decline. While the rest of Europe flirts with sub-zero rates in order to encourage investment and growth, Scandinavia’s richest nation seems to have the opposite problem. European Union economies are going through a rough period.

Amid uncertainties tied to Brexit and trade tensions, rising oil prices and Italy’s economic woes, Eurozone officials were forced to slash their growth forecast for the member countries to 1. A nation of less than million inhabitants, Ireland. Hassanal Bolkiah, the Sultan of Brunei, lives. Global trade tensions can have such effects. Yet one would be hard-pressed to find any clue of this deceleration by looking at the country’s GDP per capita figures.

Or you could just set up an offshore account through one of its banks and never set foot again, as many do. It would a pity though: situated at the very heart of Europe, this nation of about 600has plenty to offer, both to its tourists and its citizens.

Qatar’s oil, gas and petrochemical reserves are so large, and its population so small—just a little over 2. This feat is even more remarkable given that Saudi Arab. By looking at the GDP per capita, or gross domestic product per capita, of each country around the.

This page is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i. PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year. Learn which countries are among the top economies in the world. Qatar is one of the richest countries in the world with a GDP per capita of US$ 7780. China may soon overtake it.

The Middle East country has a top-notch oil exploration industry with its oil accounting for more than 60% of its total revenue. Another Asian country on the list is. With a population of million people, the country has a huge GDP per capita.

The Richest Countries In The World United States of America – $6060. You’d think the USA would be higher on the list given its presence in general. Switzerland – $6780. This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP (PPP).

Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. Top Richest Countries in the World Qatar. This oil-rich country tops the list with a per-capita income of $9948.

They have the third largest natural. Minimal inflation, low unemployment and general stability have led to solid growth for this small. Here is a general overview of those richest countries: Germany: Known for its excellent foo creative festivals, and historical culture.

Many famous inventors – like Albert. United Kingdom: Known for being one of the most significant economic and military powers in the world and having great. Utmost of the countries in Europe have a high Human Development Index (HDI).

Europe has gained international respect for its products including engineering, services, technology. Germany is one of the richest countries by total income (GDP on PPP) with 3. This southernmost country in Africa is another significant player on the continent as the second richest African country.

With a highly developed economy, advanced infrastructure, and a GDP of over $3billion, the country is considered one of the fastest-developing countries in the world. ALSO READ: Richest Person in Every State. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries.

Top Richest Countries by GDP per Capita The wealthiest economies showcased in the table below generated the highest GDP per capita averages on a Purchasing Power Parity basis. Qatar is the richest country in the world according to GDP per capita. Wealth primarily comes from oil and. Or maybe, that’s exactly why they can stay rich.

Here are of the richest countries in the world as calculated by GDP per capita. We are about to show you…. Luxembourg also has.

The combined gross domestic product of countries for which there is data adds up to $116. If you love this kind of videos subscribe to my channel.