1)Qatar
Capital: Doha
GDP: $102,768.69
Known for: Pearl mining, natural gas, numerous oil and petroleum reserves
The country that has been ruled over the years by a
single royal family, got lucky with its natural reserves and stands
still in the list of richest countries again. Its foreign open trade
policies with US and a strategy of no income tax to its citizens have
made Qatar the wealthiest nation in the world.
2) Luxembourg
Capital: Luxembourg
GDP: $80,679.06
Known for: Iron and steel companies
This small country is a home to world’s biggest and
richest iron and steel companies also providing international banking
services to the rest of the world. The country also has the highest
minimal legal salary.
3)Singapore
Capital: Singapore
GDP: $60,833.33
Known for: Education system, Tourism, Cuisine
Singapore has always been on roads of development and
changes holding together the small nation. The governance and the legal
structures of Singapore is extremely strict yet one of the best, making
it easy for the country to slowly become one of the world’s richest.
4)Norway
Capital: Oslo
GDP: $55,264.45
Known for: Minkey whale meat, Skiing, Coffee, Waffles, Trolls, Fishing, Seafood
The land of the rising sun, holding its place firmly,
has the world’s best social welfare system, where every individual gets
to pay if he/she does their bit of work. The extensive natural and
fishing reserves has brought the country in the rich list and keeping
the healthy and wealthy lifestyle of people.
5)Hong Kong
Capital: Panyo
GDP: $50,708.95
Known for: Tourism, Hopping centers, Victoria Harbor Night View, Transportation network
Though you may find people debating upon the
inclusion of Hong Kong in the list, but being the administrative country
of China and mainly due to its major contribution in the world economy
and politics, it deserves a spot. The friendly political condition made
it easy to have a free trade with it, which in turn help in boosting the
economy.
6)Brunei Darussalam
Capital: Bander Seri Begawan
GDP: $50,526.35
Known for: Natural gas and petroleum fields
The small nation of Southeast which is mainly
dominated by Muslim population is extremely wealthy due to its gifts
from god of natural gas and petroleum. The other secret behind its
existence in the list is, it is one of two countries which has 0% public
debt.
7)The United States of America
Capital: Washington, D. C
GDP: $49,820.15
Known for: IT products
The world’s largest economy, no doubt is also one of
the world’s richest economies. The country, considered to be as the
global power, has set many milestones in the past few decades in IT,
producing products that have a huge consumer market. This demand and
purchase greatly profits America and its national treasury, so the
country is going to stay in the list couple more decades as its not
dependent on non renewable sources.
8)United Arab Emirates
Capital: Abu Dhabi
GDP: $48,992.47
Known for: Oil reserves, Date plants
It wasn’t more than doom of dessert scorching under
sun few decades back, but now suddenly it is witnessing a boom after all
the oil reserves were explored in the country. The land is basically
profits greatly from the monarchy that rules over it. Together with the
natural reserves, the lavish style and free trade opportunities, the UAE
have seen a growth in incoming tourists, which is defiantly bringing
the foreign currency to the country, helping it to stand in the list.
9)Switzerland
Capital: Bern
GDP: $45,285.8
Known for: Banking system, Swiss chocolates, Swiss army knives, 4 national languages
A home to the world’s richest bank, Swiss Bank,
Switzerland, is also a home to some of the world’s biggest agencies.
Together with its world’s efficient banking system and liberal taxation
policies leaves no stone unturned to raise the economy of the country
despite of economic European cruises.
10)Kuwait
Capital: Kuwait City
GDP: $43,846.72
Known for: Oil Producers, the Central musical influence of the Gulf Cooperation Council
The only Arab country in the western region of Asia
is one of the leading oil producing countries and so building its
treasury dependent upon non renewable source solely. The country has a
monarchy system of government which provides all the necessary funds and
money, supporting the economic growth policies.
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