Top 10 richest countries in the world based on per capita income
When we talk about the world in richest country, often our mind comes to
the countries name like America, Britain, and Japan. But you will be surprised
to find that there is no name of such countries in the name of the country
comes per capita income in the world.
This ranking is based on the data of the International Monetary Fund on
October 1, 2017, on GDP, based on purchasing power parity. Which compares the
currencies of the countries in relation to the cost of goods and is used to
measure the country’s economy in relation to other countries?
Which are the world's richest countries?
The way of making the list of rich countries is different, but the correct
way is to look at the per capita income of that country. If a person's income
is good for a country then it is obvious that the country is also very rich, so
let us know that there are 10 richest countries in the world where every person
earns well.
Like most ranking countries, Brunei and Qatar, many fuels and oil
businesses have carried forward their economies. However, the price of oil
dropped in 2014 has often increased in GDP in the richest countries. Investment
and strong banking systems have also helped in stimulating economic growth in
other countries like Iceland and Ireland.
1. Qatar ($1,24,930)
Small Middle Eastern countries are often included as one of the richest
countries in the world per person, Qatar's population is approximately 2.27
million, which is giving a gross domestic product of about $ 1,24,930 per
person and the IMF According to it, making the world's richest country by 2017.
The major revenue source for Qatar, which is used for fuel, which accounts for
around 70% of the country's revenue. The country has increased despite facing
lower prices for hydrocarbons. The Qatar GDP growth is expected to continue
till 2017.
2. Luxembourg ($ 1,09,190)
Luxemburg comes as the world's second richest country with a population of
approximately 6,00,000. There is a strong workforce in the country and its 2017
growth is more than the overall development of the EU, the country's economy is
the lively financial sector, prudent fiscal policies, dynamic industry, and
steel sector. However, the IMF said that changing the changing landscape from
the Brexit and the U.S. Policy changes to come may cause market volatility
3. Singapore ($ 90,530)
Singapore has remained third in the world's richest countries and its
actual GDP is rising by 2.7% in 2017, the IMF said that the city has been growing
at a population of 5.6 lakh from last year because global electronics business
has increased. Singapore's base is its financial services sector, a chemical
export industry and liberal economic policies, which encourage the development
and innovation of the country. Singapore is the second busiest port in the
world At large, the IMF noted that Singapore's economic growth is primarily
limited to its specialist-oriented areas.
4. Brunei ($ 76,740)
This is the richest country in Southeast Asia and fourth on the global
list. However, Brunei's GDP growth rate has declined in 2016, according to the
IMF, the country actually works better than expected, despite the main exports
of Brunei, which make up only 4,00,000 people, in the oil market Has succeeded
in adjusting the fall. Brunei's revenue came in about 90% of oil and gas in
2014.
5. Ireland ($ 72,630)
The highest growth rate in Europe has been proved to be Muslim in bringing
this world's richest list to fifth place. In 2016, there has been an increase
in GDP in spending, investment, and construction in Ireland. If we talk about
European countries, then Ireland is the second richest country according to the
per capita income. Per capita income in this country is $ 72,630.
6. Norway ($ 70,590)
Our next happy list is Norway's richest country in the world and according
to per capita income in Scandinavia region, Norway is the richest country.
There are five million people in this country, whose capita income is $ 70,590
on the people here. The economy of this country depends on natural gas and oil.
It is also included in the world's safest countries
7. Kuwait ($ 69,670)
Kuwait is the seventh richest country in the world, and in Gulf countries,
Qatar is the third richest country after Qatar and Brunei. This country is very
small and with its 4 million population, it is better to create better jobs and
make rich standards. The main instrument of its economy is Petroleum and Export
Revenues.
8. United Arab Emirates ($ 68,250)
According to UAE per capita income, the country is the richest country in
the world and fourth in the Gulf countries. The per capita income of the United
Arab Emirates is approximately 68,250 dollars. The main instrument of its
economy is oil. Apart from this, service sector, telecommunication, and fish, a
palm is also very important for the economy here.
9. Switzerland ($ 61,360)
The IMF said that after the growth of Switzerland to 1/2% in 2016, the
country of 8 million people is recovering. The IMF has reported that the
country is implementing policies to promote economic reforms. The country
called 'Playground of Europe' Switzerland is the fourth richest country in the
continent with a per capita income. Among the most beautiful countries in the
world, Switzerland is the 9th richest country in the world. The per capita
income of the people here is 61,360 dollars. The most prominent means of its
economy are banking sector. Apart from this, tourism, agriculture, and
consolidation have made Switzerland a major contributor in increasing their
income. This country is also a leading manufacturer and exporter of watches.
The country called 'Playground of Europe' Switzerland is the fourth richest
country in the continent with a per capita income.
10. Hong Kong ($ 61,020)
In terms of per capita income, Hong Kong is the tenth richest country in
the world, with a total population of 7 million. According to the International
Monetary Fund, Hong Kong's growth rate slowed in 2016, but it is still one of
the richest countries in the world. The IMF said that the decrease in tourism
from global trade and mainland China recorded low growth last year, but the IMF
said that Hong Kong's growth in expenditure is expected to be taken in 2017.
The population of this region is more than 7 million.
References
1. Internet
Website : http://www.businessinsider.com
Website : https://achhigyan.com
3. Internet
Website : http://fortune.com
4. Internet
Website : http://abpnews.abplive.in
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