TOP RICHES COUNTRIES IN THE WORLD IN YEAR 2023
Top countries like America, Qatar, Norway, are on the list of this year’s wealthiest countries in the world, but a small region remains on the top of this list.
To be at the top of the list, many things are considered, like price structure, per-person income, etc. In a rich country, if you want to rent an apartment, it will cost 500 dollars per month, but in a poor country, you can rent a palace for the same price.
Below are the top 10 wealthiest countries in the world:
Luxemburg being on the top of the list, has a GDP of 140,694 dollars per capita. It remains on this list due to its low population of 645,397. This country produces a large quantity of steel. Top companies Amazon and Skype have their offices here.
Singapore is on second on this list, with a GDP per capita of 131,425. This country has very low tax rates, and also the headquarters of the Asia-Pacific Economic Corporation is here. The population of this country is 5,453,566. It is the richest country in Asia.
The Republic of Ireland remains 3rd in this list but is first for foreign direct investment. Its per capita GDP is 131,034 of Ireland. This country concentrates on high-tech, life sciences, financial, etc. services for better development. It has the fastest-growing economy. The GDP of this country is just doubled in the past 10 years.
A country with Petroleum and natural gas helps in more than 70% of govt revenue. Qatar earns 85% from export, and it has 60% of the gross domestic product. It has 113,675 dollars per capita GDP with the second largest exporter of natural gas in the world.
The fifth position in this list occupies by Switzerland, with 84,469 dollars per capita GDP. It has a tiny population and is the land of wealth, as many millionaires live here. It is a European country and is known for many inventions. Switzerland was established in 1848 and became developed in a short time.
Norway is the largest exporter of oil in the world. Per capita GDP of 78,128 dollars. It was the poorest country in the three Scandinavian kingdoms, with an economy based on agriculture, timber and fishing.
United Arab Emirates
United Arab Emirates got the seventh position in the list with a per capita GDP of 77,272 dollars. It is the fifth largest in the middle east, and the revenues come from petroleum and natural gas. Also, tourism is one of the significant sources of revenue.
United States, where the income of women has increased fastly after the 1970s. The GDP per capita of the United States is 75,180 dollars. The top income in this country in 2019 was 103,012 dollars, and more than 60% of families have two or more revenue earners.
Brunei is a very small country situated on the northern coast of the island of Borneo in Asia. Half of the population of this country is under 30 years of age. This country creates its revenue from the reserves of petroleum and natural gas.
San Marino is in the tenth position of this list which creates its revenue from tourism, banking, and manufacturing of furniture, fabrics, clothing, paints, spirits, tiles, ceramics and wine.