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    acj-2305-richest-countries-in-the-world 25

    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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