10.United States- $57,467
The USA has one of the world’s highest standards of living, with per capita (PPP) of $57400. While most countries on the list this list have comparatively less population, it is impressive that the USA maintained their per capita GDP at the higher level. The USA is world’s 3rd largest producer of oil & natural gas. Its national currency is the most used in international transactions.
9.Hong Kong- $58,553
Hong is one of the most important financial centers in the world. It’s Stock exchange is the 7th largest in the world having the market capitalization of $3.3 trillion as of January 2017. Hong Kong is also the most popular city for tourists. In 2014, It was the 11th most popular destination for international tourists among countries, with the total 29 million visitors contributing the total of $38,400 million in international tourism receipt.
Norway has the 2nd highest GDP per capita in the Europian countries & 8th highest GDP (PPP) per capita in the world. The living standard in Norway is among the highest in the world. It is the 3rd largest gas exporter and 5th largest oil exporter in the world. Norway has the total population of 5.25 million with the GDP of $392 billion. The country is also home to the natural phenomenon of the midnight sun.
One of the beautiful countries in the world, Switzerland is known for its mesmerizing beauty that everyone would love to see at least once in our lifetime. It has one of the world’s most stable economies. Switzerland is the richest countries in the world, with the quality of life, transparent governance, human development. Some of the wealthiest peoples, politicians, and companies own Swiss bank accounts & therefore Switzerland has excess capital to use for investment purpose.
The economy of Ireland is the modern knowledge economy focused on services & high-tech industries & dependent on trade, investment & industry. The main Industries that boost Ireland’s economy are mining, textiles and food production. According to Index of Economic Freedom Ireland is ranked the 9th most economically free economy in the world. In 2013, Ireland was nominated the “Best country for business” by the Forbes magazine.
5.United Arab Emirates- $72,419
UAE is the second largest economy in the Arab world after Saudi Arabia, with total GDP of $380 billion. The economy of the UAE is mostly dependent on the petroleum and natural gas. According to the report published by World Bank Group UAE is 26th best nation in the world for making sales based on its economy & supervisory environment.
Brunei is a small country has one of the highest standards of living. It is known for its mesmerizing beaches, & biodiverse rainforest. Brunei’s small, wealthy economy is a combination of foreign and domestic entrepreneurship. Brunei is heavily dependent on imports such as motor cars, electrical appliances, and agricultural products.
Singapore has the highly developed economy which is global finance, commerce, and transport hub. Singapore is 2nd most competitive country, 3rd largest, foreign exchange market, financial, oil refining and trading center. Its economy is known as one of the freest, most competitive and most dynamic. Singapore has 2nd busiest port exporting $410 billion of goods in 2011 alone.
Luxembourg is a small Europian country, surrounded by Belgium, Germany, and France. It has stable and high-income market economy with low inflation, moderate growth and a high level of innovation. Its economy is largely dependent on the steel, banking, and industrial sectors. It has total GDP of $59.99 billion.
Qatar is the world’s highest income economy, supported by 3rd largest natural-gas reserves and oil reserves. The economic growth of Qatar has been completely dependent on its petroleum industries. Because of its wealth, it has been chosen as the host of the 2022 FIFA World Cup. With GDP per capita (PPP) of $127,523, Qatar is the richest country in the world.