Twice a year the International Monetary Fund releases the data of world’s richest countries. The calculation is done considering the Gross Domestic Product (GDP) per capita of their inhabitants. This year’s list of the world’s 29 richest countries has just surfaced and it, for sure, underlines the economic prowess of these nations. The list released by IMF in April primarily focuses on the income and purchasing power parity (PPP) per capita. Thus, these countries might look tiny in size but still, they have made it large.
The PPP takes into the account the cost of living and inflation rates to calculate standard of living in these countries. While this list of 29 countries mostly features small countries in the top 10, it is also interesting to see that many of them depend massively on immigrant workers who don’t even have a resident status of the country. Therefore, such citizens haven’t been considered in the GDP calculation.
All the countries mentioned below boast of a GDP per capita higher than $45,000 per year!
29. France
GDP per capita: $45,473
28. United Kingdom
GDP per capita: $45,565
27. Oman
GDP per capita: $45,723
26. Finland
GDP per capita: $46,342
25. Belgium
GDP per capita: $48,258
24. Canada
GDP per capita: $49,775
23. Bahrain
GDP per capita: $50,102
22. Denmark
GDP per capita: $51,643
21. Austria
GDP per capita: $51,936
20. Australia
GDP per capita: $52,190
19. Taiwan
GDP per capita: $52,304
18. Germany
GDP per capita: $52,801
17. Sweden
GDP per capita: $53,077
16. Iceland
GDP per capita: $54,121
15. Saudi Arabia
GDP per capita: $55,859
14. Netherlands
GDP per capita: $56,435
13. San Marino
GDP per capita: $61,169
12. United States of America
GDP per capita: $62,152
11. Switzerland
GDP per capita: $63,379
10. Hong Kong
GDP per capita: $64,533
9. Kuwait
GDP per capita: $66,673
8. United Arab Emirates
GDP per capita: $68,662
7. Norway
GDP per capita: $74,065
6. Brunei
GDP per capita: $79,726
5. Ireland
GDP per capita: $79,924
4. Singapore
GDP per capita: $98,014
3. Luxembourg
GDP per capita: $110,870
2. Macau
GDP per capita: $122,489
1. Qatar
GDP per capita: $128,702
Should you be mulling over the idea of shifting to one of these countries then keep this list handy. At least for now!
A perpetual nature seeker, Amit is on a mission to explore the best of planet Earth. Much famed as the Whistling Hound, Amit’s is currently based out of Wroclaw in Poland, and is experiencing the best of his life in Eastern Europe and Scandinavia.
