#1) Qatar – Richest Country in the World and in Asia
GDP (PPP): $106,283.96Capital City: Doha
With a population of around 1.9 million and GDP equal to $182 Billion, Qatar is the world’s richest country. It lies in the Persian Gulf and it is a peninsula. It lies in the Middle East and is richest among all its Arab neighbors. Saudia Arabai lies to its south. Economy of this richest country is entirely dependent on Petroleum as it contributes nearly 85% in export earnings. Banking and Tourism are other areas where Qatar generates money.
#2) Luxembourg – Richest Country in Europe
GDP (PPP): $79,649.49Capital City: Luxembourg
#3) Singapore – World’s Third Richest Country
GDP (PPP): $61,046.96Capital City: Singapore
Located in Southeast Asia and comprising of 63 islands, Singapore is a fully island country. On this list of top 10 wealthiest nations, it ranks third. It is one of the largest financial centers in the world and along with Taiwan, Hong Kong and South Korea, it forms the Four Asian Tigers. Its population is around 5.5 millions with majority of them practising Buddhism.
#4) Norway – One of the Richest European Country
GDP (PPP): $54,479Capital City: Oslo
A country with roughly 5 million people, Norway ,coupled with high GDP and comparatively low population, it is one of the richest countries on Earth. Sharing its border with Finland, Sweden and Russia, it is a developed country. Economy of this rich nation depends on oil and natural gas reserves which is found around it.
#5) Hong Kong SAR – Second Richest Country in Asia
GDP (PPP): $50,716#6) Brunei Darussalam
GDP (PPP): $50,440Capital: Bandar Seri Begawan
Located in Southeast Asia, Brunei generates its revenues from crude oil and natural gas exports. Revenues from petroleum contribute around 90% to its GDP. With a small population of less than half-a-million, Brunei is one of the least densely populated country in the world. Its sultan is one of the richest person in the world.
#7) United States of America
GDP (PPP): $49,601Capital: Washington DC
#8) United Arab Emirates (UAE)
GDP (PPP): $48,434Capital: Abu Dhabi
Another richest country in Middle-East, United Arab Emirates consists of seven independent Emirates which are ruled by their individual monarchs. It is the second richest Arab country. Its GDP is third largest in Middle East after Saudi Arabia and Iran. It generates wealth from its oil and natural gas exports along with dried fish and dates. With depletion of oil reserves, UAE has started diversification of its businesses. This world’s richest country now plans to make UAE a big tourist destination and a leading financial market.
#9) Switzerland
GDP (PPP): $44,015Capital: Bern
Lying in the continent of Europe is this eight most rich nation. Switzerland has a diverse economy and it is one of the most stable economies of world. Economy of this wealthy country depends on banking, Tourism, Industries and Agriculture. Switzerland is also a leading exporter of high-end watches in the world. It is one of the financial havens for those seeking to hide their cash. On our top 10 world’s richest country, it ranks ninth.
#10) Kuwait – Rich Arab Country
GDP (PPP): $43,773Capital: Kuwait City
Kuwait is another prosperous country in middle-east. Like others, it also highly depends on petroleum for revenues. Crude Oil accounts for majority of its exports. It has a small population of 2.8 million. Per capita income of Kuwaitis is around $43,000 and this makes it one of the richest countries in the world.
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