Sunday, 12 November 2017

Richest countries in the world - Number 3, 5 and 10 will shock you

America is seen as the world power.  But if it comes to a show of wealth? They won't be seen in the show glass or maybe farther inside. I know you are already thinking about which countries are richer than America,  but it is shocking to know that these countries are actually small ones.

Some of the smallest countries in the world continue to dominate the list of the world's richest countries, an analysis by Global Finance Magazine shows.
I had the notion before now that the popular countries that we hear their names regularly are actually dwelling in money and asset. Its actually a different ball game.

The ranking was published in February 2017 and based on data from the International Monetary Fund.

The magazine ranked the world's countries according to their gross domestic product (GDP) based on purchasing power parity (PPP) per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

The small countries that dominate the top ten all have small populations compared to countries that lead the world purely in terms of GDP — such as the United States, China, or Germany.

Most of these small nations heavily depend on immigrant workers who often do not reside in the country they are working in or are not granted resident status, and are therefore not counted in the GDP per capita calculations.

15 of the 30 richest countries in the world are in Europe, while big some big economies such as the US, Japan, and Canada also made the cut.

The GDP per capita listed represents the amount of wealth produced in 2016 and is expressed in international dollars.
Check them out and you will be amazed that some relatively unknown countries are their.

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30. Japan — GDP per capita: $38,893 (£31,732)



29. Finland — GDP per capita: $41,812 (£34,114)



28. France — GDP per capita: $42,384 (£34,581)



27. United Kingdom — GDP per capita: $42,513 (£34,686)

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26. Oman — GDP per capita: $43,737 (£35,685)


25. Belgium — GDP per capita: $44,881 (£36,618)


24. Canada — GDP per capita: $46,239 (£37,726)


23. Denmark — GDP per capita: $46,602 (£38,022)



22. Taiwan — GDP per capita: $47,790 (£38,991)


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21. Austria — GDP per capita: $47,856 (£39,045)



20. Iceland — GDP per capita: $48,070 (£39,220)



19. Germany — GDP per capita: $48,189 (£39,317)



18. Australia — GDP per capita: $48,806 (£39,820)




17. Sweden — GDP per capita: $49,678 (£40,532)



16. Bahrain — GDP per capita: $50,302 (£41,041)



15. The Netherlands — GDP per capita: $50,846 (£41,485)



14. Saudi Arabia — GDP per capita: $54,078 (£44,122)



13. United States — GDP per capita: $57,293 (£46,745)


12. Hong Kong — GDP per capita: $58,094 (£47,375)


11. Switzerland — GDP per capita: $59,375 (£48,420)



10. San Marino — GDP per capita: $64,443 (£52,553)

9. United Arab Emirates — GDP per capita: $67,696 (£55,206)


8. Norway — GDP per capita: $69,296 (£56,510)


7. Ireland — GDP per capita: $69,374 (£56,574)


6. Kuwait — GDP per capita: $71,263 (£58,114)


5. Brunei — GDP per capita: $79,710 (£65,003)


4. Singapore — GDP per capita: $87,082 (£71,015)


3. Macao — GDP per capita: $96,147 (£78,407)


2. Luxembourg — GDP per capita: $101,936 (£83,128)


1. Qatar — GDP per capita: $129,726 (£105,791)


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