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The Richest Countries in the World
Qatar has been ranked as the world's richest country per capita in a new list compiled by US-based Forbes magazine. Blessed with the third-largest natural gas reserves in the world, the Arab Gulf emirate of 1.7 million people is benefitting from a rebound in oil prices. Adjusted for purchasing power (PPP), Qatar has an estimated gross domestic product per capita of $88,222.
In second place on the list is Luxembourg, with a per capita GDP on a purchasing-power parity (PPP) basis of $81,466.
Technology, manufacturing and finance hub Singapore is ranked third on the list. The country’s GDP (PPP) per capita is $56,694 (estimated from 2009).
To rank the world’s wealthiest countries, Forbes looked at GDP per capita adjusted for purchasing power for 182 nations. At No.4, with a GDP (PPP) per capita of $51,959 (estimated from 2009) is Norway.
Oil-rich Brunei (ranked at No.5) has a GDP (PPP) per capita of $48,333. Forbes used International Monetary Fund data from 2010, the most recent available, while GDP figures for some countries were projections.
UAE oil reserves are ranked as the world's sixth-largest[ and it possesses one of the most developed economies in West Asia. The country’s GDP (PPP) per capita is $47,439 (estimated from 2009).
Qatar has been ranked as the world's richest country per capita in a new list compiled by US-based Forbes magazine. Blessed with the third-largest natural gas reserves in the world, the Arab Gulf emirate of 1.7 million people is benefitting from a rebound in oil prices. Adjusted for purchasing power (PPP), Qatar has an estimated gross domestic product per capita of $88,222.
In second place on the list is Luxembourg, with a per capita GDP on a purchasing-power parity (PPP) basis of $81,466.
Technology, manufacturing and finance hub Singapore is ranked third on the list. The country’s GDP (PPP) per capita is $56,694 (estimated from 2009).
To rank the world’s wealthiest countries, Forbes looked at GDP per capita adjusted for purchasing power for 182 nations. At No.4, with a GDP (PPP) per capita of $51,959 (estimated from 2009) is Norway.
Oil-rich Brunei (ranked at No.5) has a GDP (PPP) per capita of $48,333. Forbes used International Monetary Fund data from 2010, the most recent available, while GDP figures for some countries were projections.
UAE oil reserves are ranked as the world's sixth-largest[ and it possesses one of the most developed economies in West Asia. The country’s GDP (PPP) per capita is $47,439 (estimated from 2009).
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