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Top 10 Richest Countries In The World

Of the almost 200 countries on the planet, only a handful actually generate a large enough income to be called the richest countries in the world. The annual revenue of these countries is in the billions and trillions of dollars. The GDP of these countries decides which of them is the richest. Shall we have a look at the top 10 richest countries in the world?

10. Hong Kong

Hong Kong has the title of the easiest place in the world to do business in South East Asia. A lot of companies set up their offshore headquarters in Hong Kong because of they’re relaxed policies and liberal tax laws.

Hong Kong is the 10th richest nation in the worlds as per the data from the IMF and the GDP per Capita index

Top 10 Richest Countries In The World

United Arab Emirates

6. Norway

Not only is Norway one of the happiest countries in the world to live in, it is also one of the richest countries in the world.

With a GDP per Capita of $74,882, Norway has the 6th highest GDP as per the IMF data. The economy of Norway is based mainly on oil production and export, coupled with a robust international trade of goods.

9. United Arab Emirates

The UAE is a conglomerate of 7 Arabic states with Dubai being one of the most populous of the lot. The UAE is still controlled by a royal family and they take great pride in the development of the market and economy.

With a GDP per capita of $68,250, this oil-producing nation has left no stone unturned to make the UAE one of the most developed nations in the world

Kuwait

While a few countries were negatively impacted by the reduction in oil prices Kuwait’s economy held strong. Kuwait has invested a large portion of funds to accelerate growth in other areas and the results have been quite impressive.

The GDP per Capita for Kuwait is just shy of $70,000 but the rate at which the economy is growing it won’t be long before they reach the top of the chart

7. Ireland

A part of the OECD, the economy of Iceland was boosted due to wise investments and construction growth.

The economy is also helped by the strong employment rates, high salaries for individuals, and strong domestic spending. Iceland has a GDP per capita of About $72,630

Top 10 Richest Countries In The World

Norway

 

About the author

Alan Brown

Alan Brown

As Mvilletouchstone's content strategist, Alan does more than wrangle commas. With more than 10 years of editorial and inbound marketing experience, he's obsessed with innovating new ways of creating amazing content that's absurdly useful and effective. (He also works with in-house contributors and clients as an editor, strategist, interviewer, coach, and sometimes therapist.)

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