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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

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GDP per capita: $45,473

28. United Kingdom

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GDP per capita: $45,565

27. Oman

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GDP per capita: $45,723

26. Finland

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GDP per capita: $46,342

25. Belgium

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GDP per capita: $48,258

24. Canada

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GDP per capita: $49,775

23. Bahrain

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GDP per capita: $50,102

22. Denmark

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GDP per capita: $51,643

21. Austria

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GDP per capita: $51,936

20. Australia

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GDP per capita: $52,190

19. Taiwan

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GDP per capita: $52,304

18. Germany

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GDP per capita: $52,801

17. Sweden

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GDP per capita: $53,077

16. Iceland

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GDP per capita: $54,121

15. Saudi Arabia

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GDP per capita: $55,859

14. Netherlands

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GDP per capita: $56,435

13. San Marino

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GDP per capita: $61,169

12. United States of America

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GDP per capita: $62,152

11. Switzerland

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GDP per capita: $63,379

10. Hong Kong

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GDP per capita: $64,533

9. Kuwait

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GDP per capita: $66,673

8. United Arab Emirates

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GDP per capita: $68,662

7. Norway

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GDP per capita: $74,065

6. Brunei

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GDP per capita: $79,726

5. Ireland

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GDP per capita: $79,924

4. Singapore

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GDP per capita: $98,014

3. Luxembourg

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GDP per capita: $110,870

2. Macau

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GDP per capita: $122,489

1. Qatar

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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!

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