– This top 10 list of richest countries in the world, will not just inform you, but it will leave you speechless
-Have you ever wondered which are the richest countries in the world? Well, the answer to that question is in this list.
There are a number of ways to measure the richness of a country, but the most reliable method is to classify them by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP) per capita. It basically means the value of all the goods and services that are produced by a particular country in a given year, divided by the average population of the country for that same year. And we are going to list out the countries in the same process, i.e., by GDP (PPP) per capita.
There are presently 195 countries in the world. Today, we are going to find which are the richest among them all. This is the latest list that was brought out by the International Monetary Fund in 2017, and all the figures are in Gaery-Khamis dollars, which is also known as the international dollar. So, here’s presenting the 10 richest countries in the world.
Also, See The 10 Poorest Countries in the World
The 10 Richest Countries in the World
Beginning our list at number 10 is San Marino, with a GDP per capita of $60,359.
San Marino is the world’s 192nd largest and 191st most populous nation in the world. City of San Marino serves as its capital.
This European nation has gained its independence from the Roman Empire in 301 AD.
It is surrounded by Italy on all sides. As a result, it only has one bordering country.
Besides having one of the least unemployment rates in the world, San Marino is also the only country in the world where there are more vehicles than people (1,263 vehicles per 1,000 people).
For every 1000 females, there are 940 males in the country, making it one of the few countries in the world with more female population.
Places of interest in San Marino are Guaita, Montale, Monte Titano, Basilica di San Marino, among others.
Next up at number 9 comes Switzerland, with a GDP per capita of $61,630.
Switzerland was declared a federal state in 1848. This European nation is the world’s 132nd largest and 98th most populous country in the world. Bern serves as the capital for this country.
Whether it is economic competitiveness, quality of life, government transparency or civil liberties, Switzerland is ranked one of best in the world.
It is also one of the leading exporters and consumers of chocolates. It is also one of the most sought countries for global tourists.
The World Happiness Report for the 2015-2017 time period ranked Switzerland as the 5th happiest country in the world.
Some of its famous landmarks include Lake Constance, Lake Geneva, Kale Maggiore, Rhine Falls, among others.
United Arab Emirates
Coming in at number 8 on our list of the 10 richest countries in the world is the United Arab Emirates (UAE), with a GDP per capita of $68,245.
The 113rd largest and the 93rd most populous country in the world, UAE gained its independence from the United Kingdom and the Trucial States in 1971.
Its capital city, Abu Dhabi and its largest city, Dubai, have become cultural hot-spots in today’s world.
The police fleet of this nation boasts of a Ferrari, Lamborghini and Bentley. This is in order to catch criminals who may outrun them. In fact, some ATMS in the country dispense freaking gold bars.
The world’s tallest building, Burj Khalifa (828 m) is located in this country.
Places of interest in this Asian nation include the Palm Islands, Sheikh Zayed Mosque, Dubai Creek, Al Bastakiya, Jebel Hafeet, among others.
Next up at number 7 on our list is Kuwait, with a GDP per capita of $69,669.
Kuwait is the 153rd largest and the 127th most populous country in the world. It gained its independence in the year 1962 from the British rule. Kuwait City serves as its capital.
Its currency, the Kuwaiti Dinar is the highest valued currency in the world.
This Asian country has come a long way from being a nomadic land, where nomads would come and go, but settling for a long term until the 18th century.
It is also the first Gulf country to have established a parliament and constitution.
The places of interest in this nation are The Mirror House, Grand Mosque, Al Shaheed Park, Liberation Tower, Kuwait Towers, Green Island, among others.
Grabbing the 6th spot on our list is Norway, with a GDP per capita of $70,590.
This European country is the 68th largest and the 116th most populous country in the world. Oslo serves as the capital for this nation.
Norway has also topped the list of World Happiness Report, Index of Public Integrity and OECD Better Life Index in the past. In fact, Norway also has the largest sovereign wealth fund (USD 1 trillion) in the world. The World Happiness Report for the 2015-2017 time period ranked Switzerland as the 5th happiest country in the world.
Places of interest here include North Cape, Preikestolen, Lofoten, Geirangerfjord, among others.
Entering the top 5 of our list of the 10 richest countries in the world is Ireland, with a GDP per capita of $72,632.
Some of its famous landmarks include the Guinness Storehouse, Ring of Kerry, Blarney Castle, Cliffs of Moher, among others.
With Dublin as its capital, this European nation is the 118th largest and the 122nd most populous country in the world.
Ireland adopted its own constitution in 1949 after a long war of independence with the United Kingdom.
It is also the castle capital of the world, a recognition it has gained for the abundance of castles found in the nation.
The iconic ship, RMS Titanic, was built in Ireland.
In fact, the world’s oldest pub can also be found here – Sean’s Bar – which has been running since 900 AD.
Coming in at number 4 on our list is Brunei, with a GDP per capita of $76,743.
The 165th largest and the 168th most populous country in the world, Brunei gained its independence from the British Empire in 1984. Bander Seri Begawan is the capital city of this country.
This relatively new Asian country is one of only two countries in the world (the other being Libya) with a public debt of 0% of the national GDP.
One of its positive features is the fact that the government here provides free education and medical services to its citizens.
Places of interest in Brunei are the Jerudong Park, Sultan Omar Ali Saifuddin Mosque, Royal Regalia Museum, Istana Nurul Iman, among others.
Breaking into the top 3 on our list of the 10 richest countries in the world comes Singapore, with a GDP per capita of $90,531.
The 177th largest and the 113rd most populous country in the world, Singapore gained its independence from the British rule in 1963. Singapore City serves as the country’s capital.
This Asian country is home to the world’s first night zoo, The Night Safari.
It has also been dubbed as the most technology-ready nation in the world.
The places of interest in the country are Merlion Park, Gardens by the Bay, Universal Studios, among others.
Next up at number 2 is Luxembourg, with a GDP per capita of $109,192.
The safest country in the world as per an UN survey, this European country is the world’s 169th largest and 164th most populous country in the world. Luxembourg city serves as the capital of this country.
It gained its independence from the French Empire in 1815, although it was later held by Germany, Netherlands and UK, before finally founding the European Economic Community (EEC) in 1958.
This country also holds the record for having the highest rate of car ownership in the world (647 cars per 1,000 population).
Some of its most famous landmarks include Notre-Dame Cathedral, Grand Ducal Palace, Gelle Fra, Place Guillaume II, among others.
Finally, the richest country in the world presently is Qatar, with a GDP per capita of $124,927.
The 159th largest and the 139th most populous country in the world, Qatar has a vast range of flora and fauna despite being a desert.
Since gaining its independence from the British rule in 1971, this Asian country has come a long way into becoming one of the most developed countries of the world. Doha serves as its capital city.
The Qatar Airways has been named as the best carrier at the annual World Airline Awards recently.
Places of interest in the country are the Aspire Tower, the Museum of Islamic Art, Souq Waqif and The Pearl-Qatar, which is an artificial island spanning four million square metres.
Qatar is also the first Arab nation to host the FIFA World Cup, which it will do in the year 2022.
So, there you have it! Surprisingly, no North American, South American, African or Australian country features in the top 10 richest countries in the world. Five of them are Asian, while the other five are European nations. Anyways, don’t forget to check our list of the 10 poorest countries in the world here too.