The 10 Richest Countries In The World
May 12, 2014
What gives a country the ultimate bragging rights?
Is it geographical size? Population? Military power? Age?
Well, all of the above to a certain extent. But together they do not match the ultimate muscle flexing decider that is GDP – gross domestic product; the market value of all goods and services produced within a country.
While it is generally considered an indicator of a country’s standard of living, GDP is also a good measuring tool when comparing the wealth of countries in relation to their size. For example, Luxembourg may have deep pockets for its horizontally challenged stature, but will dwindle in comparison to China’s financial clout.
So with that in mind, here are the world’s richest countries by 2013 GDP per capita based on population size, as issued by the International Monetary Fund.
1. Qatar - $103,401
2. Luxembourg - $77,935
3. Singapore - $62,428
4. Norway - $55,398
5. Brunei Darussalam - $54,809
6. United States - $52,839
7. Hong Kong - $52,687
8. Switzerland - $45,999
9. Canada - $43,146
10. Australia - $43,042