Most of us are under an impression that USA is probably the most powerful country in the world, and also the richest. But it is not so in reality. A list of richest countries in the world has been prepared on the basis of per capita GDP, and it is quite surprising to see the rankings on this list.
Here is a list of top 10 richest countries in the world:
Kuwait is a major oil producer, which in addition to its political stability, makes it one of the richest countries in the world in 2015. People enjoy a high per capita income in addition to excellent quality of life.
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The European country Switzerland is recognized for its great quality of life and high per capita income. The credit for its excellent economic growth goes to its agriculture production, tourism and banking industries. The country is also acclaimed worldwide, as a producer of watches and chocolates.
8. United Arab Emirates
Next on the list of wealthiest countries in the world in 2015 is UAE, which has plentiful reserves of oil and natural gas, which play a key role in the flourishing economic growth of the country. Additionally, the country has seen tremendous growth in architectural, technological and tourism sectors in the past few years. The zero tax policy f the country gives an ideal environment to global investors.
7. United States of America
USA is counted among the most powerful and richest countries in the world, which has abundant of natural, financial and human resources. It also happens to be the largest economy in the world, whose ups and downs have a major bearing on the economic set up of the whole world.
6. Brunei Darussalam
Next among the richest countries in the world in 2015 is Brunei Darussalam, which attributes its wealth to the rich reserves of natural resources like oil and natural gas, which account for 90% of its GDP. The small country has a very small population and people enjoy an exceptional lifestyle here.
5. Hong Kong
Recently, Hong Kong has emerged as a business and financial hub of Asia, which is the reason it has witnessed a boom in economic growth and per capita income. The country also has registered immense growth in tourism as well as transport sector.
Featuring next on the list of top 10 richest countries in the world in 2015 is Norway, which is blessed with numerous natural resources like oil, natural gas, hydropower, minerals and sea food. The country also has plentiful agricultural output, particularly coffee. The population is limited and enjoys good health, along with optimal distribution of wealth and good standard of living.
Singapore is another country which enjoys an exceptionally high per capita income and excellent standard of living, making it one of the richest in the world in 2015. The main sources of wealth of the country are its flourishing tourism, electronics and tech industries and rising international investment, thanks to its stable political scenario.
Next on the list of richest countries in the world is the small European nation, Luxembourg, which enjoys a high GDP per capita, besides a population of just over half a million. The country makes good money by providing excellent international banking services, in addition to selling iron and steel. People are not made to pay high taxes and they are given a highest minimum salary.
Qatar, a small country ruled by a monarch family, is the richest country in the world. Qatar has a small population, which enjoys a high standard of living on account of high per capita income. The country is rich in natural resources like petroleum and natural gas and people are not charged income tax.
All these countries have shown excellent economic growth year after year, making them among the richest in the world. Political stability, abundance of natural resources and flourishing industries account for outstanding economic growth and development of all these nations.