The richest countries in the world measured in terms of GDP( Gross Domestic Product). GDP is the total markets value of all goods and services produced in a country in year. The richest countries are fully developed and the citizens of that country has standard of living like need of Human rights,medical facilities , education,Proper Drinking water ,Equivalence atmosphere between political parties. Top 5 richest country in the world -Qatar : Luxembourg: Singapore: Norway:Kuwait
Qatar : Arab nation: GDP per capita ($129,076,88)
Qatar Officially the state of Qatar is a sovereign country located in the South – west Asia..Capital of Qatar is a Doha . In Qatar Qatari Riyal use as a currency. State of Qatar is a high income economy and has per capita income in the world .The worlds 3 largest oil and natural gas reverses accounts for 70%of its government revenue , 60%of its GDP ,85% of its export earning .It has a fame of having standard of living with lowest tax in the world for its citizens . The country has vast land making it an attraction for investment. Income resources –Crude oil production and refining, Ammonia fertilizers ,steel plants,Bars , commercial ship repair .Qatar,s proved reserves of natural gas.GDP- 13% .Qatar is the richest country in the world and home to the 2022 FIFA CUP,the first Arab nation to ever hold this role.
Luxembourg; Europe Country GDP per Capita ($100,991)
Luxembourg is a land locked country in Western Europe .Officially called THE Grand Douchy Of L Luxembourg .Capital of Luxembourg is Luxembourg City.Euro is main currency of Luxembourg. Luxembourg with just half a million population rank number second in list of richest country has per capita is ($100,991) which is 9 times of the world average . The nation is the 2 largest investment fund centre ,high-income market with low inflation and high innovation .Luxembourg known as “ Green heart of Europe ”. Financial sector ,Dynamic industrial, steel , Banking the backbone of this strong economy.Banking in L Luxembourg is a largest of its with an asset of base over $1.24 trillenalone. Income resource – banking ,Iron steel Telecommunications industry ,Agricultural.28 %of GDP remunerated for the decline in steel.Average GDP IS 0.9%.Due to attractive corporate tax laws ideal place for headquarters of many international companies.
Singapore: Asian Country GDP per capita ($85,00
Singapore is a modern city-state located in South East Asia.Officially known as The Republic of Singapore.The capital city of Singapore is the city of Singapore city.Singapore known for as the Lion city, The Red Dot ,The Garden city .Currency of Singapore is Singapore Dollar.Singapore ,one of the cleanest cities in the world with best air port in the world.Tourism is the main source of revenue for this country its boost its GDP.Singapore one of the highest business earing Tycoons countries in the world .The country relevant to invest as it has attractive investment climate ,stable political that makes per capita income 3 highest country in world. Income resource – Biotechnolgy ,Banking ,Exports Electronics ,Energy.Singapore is also shipping and transportation hub for Asia.Tourism spot like Woodlands ,Tengeh Reservoir as numerous visit all over world.It is a second largest busiest port in the world .of It is a small country with 5.5 Million population a huge percentage Buddhism followed.
Norway: Europe country GDP per capita ($99,500)
Norway is a sovereign country located in North of Europe .officially is known as The Kindom of Norway. Capital of Norway is Oslo.Currency of Norway is known as Norwagian Krone.Commonly known as Land of rising of sun .Norway has been in the list of richest country because of its well-developed economical industry .Norway 4 richest country in the world ,3 biggest exporter of natural gas,7 largest oil exports in the world.It has created multiple jobs,provide educations and medical facilities to the individuals. Norway is one of largest and most influential financial markets. Income resources Tourism, exporter of Natural gases, Minerals,Sea food .Today GDP Stands ($95,000) fellow independent monetary policy.
Kuwait:Asia country GDP per capita ($73,298)
Kuwait is an Arab country located in the Western region of Asia. Kuwait officially known as The State of Kuwait currency is The Kuwaiti dinar is the highest –valued currency unit in the world . Capital of Kuwait is Kuwait city. One of the 5 richest country in world( $73,298).It has petroleum –based economy as 6 largest petroleum reveres account for half of GDP .Kuwait crude oil reserve which ate about 102 billion barress.It gives best job chance to individual of whole world.Income resources – Toursim ,water desalination ,Oil reserves 95% export revenues and government income .In early days little diversity in economics due to positive fiscal situations.It is also ruled by a stable monarchial government which conduct all the country affairs .