The richest countries in the world

The 10 richest countries in the world: the ranking

Worldsrichestcountries.com has compiled the ranking of the 100 richest countries in the world. That’s who the top 10 places are occupied by.

The pandemic and the Russian-Ukrainian crisis have had significant effects on the world economy. The Gross Domestic Product of many nations has plummeted, rewriting the rankings of rich countries globally. Keeping in mind the GDP and purchasing power parity (PPP) per capita expressed in dollars, Worldsrichestcountries.com has compiled an updated ranking of the richest countries in the world : here are the top 10.

10. Brunei

Brunei is a state in Southeast Asia, which borders Malaysia . The country’s economy and wealth are essentially based on oil . The high GDP and PPP per capita, equal to 65,675 dollars, allows the school and health systems to be completely free for the subjects, demonstrating the general well-being. In the last year, the gross domestic product (GDP) at purchasing power parity (PPP) per capita has grown by 5.4%.

9. Macao

Macau ‘s economy is based on two pillars: tourism and gambling . With gambling income five times higher than that produced in Las Vegas , it is estimated to be the place with the highest GDP per capita in the world. At purchasing power parity, Macau has a wealth comparable to that of Qatar without being able to rely on gas and oil. Its per capita GDP PPP is equal to 67,475 dollars and in the last year it has grown by + 22.8%.

8. USA

The economic maneuvers of the United States of America never have effects limited to the individual parts of the union. Every economic and political decision affects the world economy. US economic activities are characterized by high productivity, abundant natural resources and an important infrastructure network . This federal presidential republic, ranked eighth, boasts a PPA of $ 69,375 (+ 9.5%).

7. Norway

In seventh place in the ranking of the richest countries in the world is Norway . The European state, which however does not belong to the Eurozone , in recent years has had an enormous economic expansion linked to the production of hydroelectric energy, the exploitation of oil fields in the North Sea and the export of raw materials such as wood, fish. and minerals . It is the fourth richest nation in Europe with a per capita GDP PPP of $ 69,859 (+ 6.1%).

6. United Arab Emirates

A very important state of the Arabian Peninsula, the United Arab Emirates is one of the richest countries in the world. The economic engine of this absolute federal monarchy is the export of energy raw materials: natural gas and oil . Here the per capita GDP PPP is 74,245 dollars, a figure that has grown by 4.4% compared to 2020.

5. Switzerland

The Alpine country is one of the most economically developed nations on the European continent. One of the leading sectors is the banking sector . However, the energy economy guarantees a lot of income in the state coffers. The transport network is extremely developed. For all these reasons, with a per capita GDP of 78,112 dollars, Switzerland is the fifth richest country in the world. In the last year the differential has marked + 6.6%.

4. Qatar

Despite having recorded a more contained growth (+ 3.5%), the per capita GDP PPP of Qatar has risen to 100,037 dollars, placing this constitutional monarchy in fourth place in the ranking. The economy of this emirate is mostly based on oil , the first fields of which were discovered in the 1940s. Another very profitable commodity in the country is natural gas.

3. Singapore

In this Southeast Asian city-state, the economy depends mostly on exports of electronic, petroleum and chemical materials . Recently, due to the pandemic, the biomedical sector and mechanical engineering have gained importance . Here the per capita GDP PPP is 107,677 dollars, a figure that in the last year has grown by 9.3%, making Singapore the third richest country in the world.

2. Ireland

Despite the international crises and the repercussions on the country, Ireland has been experiencing significant economic growth, well represented by the economic and entrepreneurial ferment of the capital, Dublin. With a per capita GDP of 111,360 dollars (+ 16%), this parliamentary republic is the second richest country in the world and in Europe.

1. Luxembourg

We often hear about Luxembourg as a tax haven and financial hub of absolute importance: its economy is closely linked to the banking sector . In this parliamentary monarchy, the gross domestic product (GDP) at purchasing power parity (PPP) per capita is equal to 126,569, an increase of 7.3% compared to 2020. With these numbers, Luxembourg takes the lead to the ranking, as the richest country in Europe and in the world.

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