A country having plenty of resources and an undersized population is more likely to relish the privilege of being designated as one of the richest countries in the world. Mostly, small countries are positioned in this honourable list. The GDP per capita is the universal indicator, used for evaluating the richness quotient of a country. The lives of the people residing in one of the richest countries in the world are reinforced with the unparalleled healthcare facilities, education, accommodation, and much more.
The richness level of a country considerably effects the happiness level too. The happiness meter of most of these affluent nations is on a climb for sure. And you know what! Most of the rich countries in the world are from the continent of Europe. Just have a look.
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Qatar is rated as numero uno in the list of the world's richest countries. Crowned with a generous GDP (PPP) per capita of 145,894 USD, the unrivalled petroleum industry of Qatar has a major contribution in making it the wealthiest. You would be astonished to know that around 70% of the total earnings of the government of Qatar is pulled from the oil industry only. Plan a vacation in this bloated country and get bowled over by its mighty economy.
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This European country witnesses a whopping GDP (PPP) per capita of 100,992 USD. Being bolstered by a strong financial sector and a lucrative steel industry, the economy of Luxembourg is a precise result of the sound policies projected by its government. The unparalleled infrastructure, optimum utilisation of the resources, and philanthropic laws have made Luxembourg a proud member of list of the world's richest countries.
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Apart from being a popular travel destination, Singapore is one of the richest countries in the world. The marbles behind the strong structure of Singapore are its unprecedented financial services, export sector, and chemical industry. The GDP (999) per capita of this Asian country accounts to 90,724 USD. Moreover, the Changi Airport of Singapore topping the list of the best airports in the world is like a cherry on the top.
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Festooned with a swaggering GDP (999) per capita of 70,995 USD, The oil and natural gas industry of Norway generate gobs of money for it. Hedged in the midst of beauteous snow-clad hillocks and the deep blue waters of the North Atlantic Ocean, this Scandanavian country is repleted with oodles of natural resources to appease the population of around 5 million citizens. Fly to this paradise on earth to witness the opulent lifestyle of the people of this Nordic nation.
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Having and average life expectancy of 79.49, the country of Brunei stands proudly at position 5 in the list of the world's richest countries. The backbone of the robust economy of Brunei is the industry of crude oil and natural gas. The GDP (999) per capita of this South-east Asian country is 80,000 USD. Insignificant population of this country has played a major role in making it attain such position in an affluent list like this.
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The towering structures of this Middle Eastern Federation are a result of the financial abundance of its economy. Jammed with enormous reserves of gold and oil, The United Arab Emirates is the owner of the most lavish aircraft in the world. The delicacies of dates and dried fish are one of the major drawers of this country. Powered with a jumbo GDP (PPP) per capita of 68,424 USD, this country houses a strong telecommunication and service sector.
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Apart from being the superpower, The United States has made it conveniently to the list of the richest nations in the world. Just name a sector in which the United States does not excel. We are quite sure you can't think of even one. The rewarding sectors of technology, automotive, service, FMCG, and export led to the GDP (PPP) per capita of 57,220 USD for the United States. The state-of-the-art infrastructure and sound government policies have made it one of the world' largest economies.
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The liberal taxation norms and a strong financial sector of Hong Kong are the prominent reasons for the opulence of this country. This country houses a plethora of international banks and financial institutions. Tourism is another area, from which the Hong Kong government fetches a major chunk of revenue. Crowned with a GDP (PPP) per capita of 58,322 USD, the citizens of this country enjoy a lavish lifestyle. Citizens of various other nations aspire to shift to Hong Kong for better future prospects.
Apart from being blessed with the majestic Alps, grasslands, immaculate streets, and serene environs, Switzerland is counted amongst the richest countries in the world. The GDP (PPP) per Swiss citizen is 59,150 USD. The banks and financial institutions of Switzerland generate an enormous amount of funds that can be used for the investment purposes. Natures bounties and financial abundance in one place! What else one can ask from the homeland.
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This European country generates most of its revenue for the mining, agriculture, and manufacturing sectors. The perfect ratio of GDP of 907, 619 billion USD and a population of around 17 million, makes Netherlands one of the richest countries in the world. This alpine nation attracts a generous amount of foreign direct investment every year, making it one of the major investors in the market of United States. The immaculate streets, world-class infrastructure, and pristine ambience make it a place worth living.
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The luxuriance of this country is perceived by its soaring sectors of telecommunication, export, banking, manufacturing, and much more. Endowed with the serene beaches, the Great Barrier Reef, Turquoise waters, and immaculate cities, Australia is truly ethereal. The citizens of this country are fortunate enough to have an access to nature's bounties along with the financial profusion. This country witness a whopping GDP (PPP) per capita of 48,806 USD and an average life expectancy of 83.10.
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Blest with the snow-capped alpines, majestic meadows, and otherworldly tranquillity, Austria is infallibly God's own country. The rock-strong industry of steel and iron generate hefty funds for the government of Austria. Vienna, the capital of this country is the fifth richest metro city in Europe. Enjoying a GDP (PPP) per capita of 47,856 USD, this rich nation offers a lavish standard of living to its residents.
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This Scandinavian country is known for its black beaches, active volcanoes, majestic mountains, and gigantic glaciers. The mystical beauty of this nation stands shoulder to shoulder with the financial strength possessed by it. Blooming with a GDP (PPP) per capita of 50,500 USD, the life of the residents of this country surpasses the level of satiation. Having an abundant availability of geothermal power and hydroelectric power, Iceland has comfortably secured its position as one of the greenest economies in the world.
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Witnessing a GDP (PPP) per capita of 466, 199 USD, this nation is a proud component of the world's richest countries list. Endowed with nature's profusion in the form of the Niagra Falls, snow-peaked mountains, and tantalising lakes, Canada is truly a heaven on the planet. The residents of this country rejoice the status of being a part of such an affluent economy. The export of resources like gold, nickel, aluminium, steel, and coal have assisted it in attaining the title of one of the Largest Export Markets. Its rich oil reserves leave no stone unturned in generating gobs of money for the Canadian government.
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Being a prominent member of OPEC, most of the revenues of this country are sourced from its overflowing oil reserves. The economy of this petroleum-based Arab nation is defined by the GDP (PPP) per capita of 73, 017 USD. The excellent financial services are also a major contributor towards its climbing economy. The residents of Kuwait are blest with the best of education and healthcare facilities, making it an aspiration for the citizens of various developing economies.
Phew! We know you want to visit all these nations to witness the luxuriance emanated by them. So, what are you waiting for? Get ready to witness the mind-bending opulence of these small, but rich countries by checking them out candidly.
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