Here’s a look at the top 10 richest countries per capita in the world, according to Forbes.
10) Switzerland: USD 61,360
Situated on the Swiss Alps, the country has a population of around 8 million people. Reports suggest that the country’s GDP per capita is set to rise significantly by 2022, as the country implements policies to help boost its economy.
Must Read: Which are the World’s Most Dangerous Sport till now?
09) San Marino: USD 61,890
Also known as the ‘Most Serene Republic’, San Marino is a mere 61 square kilometers in size and is surrounded by Italy from all sides. Tourism contributes to 22 percent of the small microstate‘s GDP. San Marino’s population is a little above 33,000.
08) United Arab Emirates: USD 68,250
The economy of this nation, made up of 7 Emirates, is propelled majorly by oil. However, revenue from non-oil sectors is also quickly rising. The population of the seven Emirates put together, is just over 10 million.
Also Read: Top 10 Popular Sports in the United Arab Emirates (U.A.E)
07) | Kuwait: USD 69,670
The Emirate of Kuwait has a population of just over 4 million people. The kingdom’s wealth stems from oil. The fall in global oil prices over the last few years has impacted Kuwait, but not enough to drag it out of this list. It remains one of the richest countries in the Gulf region and the world. (Image: Reuters)
06) Norway: USD 70,590
This Scandinavian country has a population of over 5 million. It remains one of the richest countries in the world despite being hit by lower oil prices over the last few years.
05) Ireland: USD 72,630
This European country has one of the highest per capita incomes on the continent. It also has one of the highest GDP growth rates in the region.
4) Brunei: USD 76,740
The Sultanate of Brunei Darussalam is one of the richest countries in the world courtesy of its large oil reserves. The tiny country, situated adjacent to Malaysia, has a population of just over 400,000 people.
3) Singapore: USD 90,530
The hub of economic activities in South East Asia, Singapore is the third richest country in the world and one of the richest in Asia. The city-state has a population of around 5.6 million.
2) Luxembourg: USD 109,190
The small European nation with a population of around 600,000 is the world’s second-richest country. Several major companies, including steel giant ArcelorMittal, are based here. The country thus has a strong workforce.
1) Qatar: USD 124,930
The tiny Emirate of Qatar is the richest country in the world, per capita. A large chunk of Qatar’s wealth comes from petroleum and natural gas. Having a population of approximately 2.27 million helps in achieving a very high per capita income. Qatar made it to the top spot despite lower hydrocarbon prices, which triggered a significant drop in its revenue in 2017.
List of Stadiums in Qatar for FIFA World Cup 2022
India: USD 7,500 |
While India’s GDP per capita remains relatively low, it is one of the fastest-growing major economies in the world. The country has a population of around 1.32 billion. Besides agriculture, textiles, chemicals, petroleum, and steel are major industries. India ranks 122nd on the list.
Leave a Reply