The 10 Richest Countries In The World
- 3 years ago
The 10 Richest Countries In The World
https://art.tn/view/1067/en/the_10_richest_countries_in_the_world/
One way to rank the wealthiest countries is on the basis of their GDP (gross domestic product). Such a ranking, however, doesn’t give an idea about the earnings of the people in the county. Detailed in the article are the 5 richest countries in the world.We have used the nominal GDP per capita data from visualcapitalist to come up with a list of the 5 richest countries in the world. Following are the 5 richest countries in the world:
United States
$63,051.40 .It is the biggest economy in the world, but ranks fifth in terms of per capita income. The United States has a relatively deregulated market economy. It is the most technologically powerful economy, and thus, its companies rank among the top in almost all sectors, including artificial intelligence (AI), military equipment, aerospace and more. The U.S. has abundant natural resources, advanced infrastructure and high productivity.
Norway
$67,988.59 .Norway has a high standard of living and ranks among the top on the human development index. The country has an advanced education system, universal health care and a distinct social security system. Norway is a major exporter of raw oil and gas resources. The country has a low unemployment and poverty rate, as well as one of the lowest income inequality gaps in the world.
Ireland
$79,668.50 .Low corporate tax rate in the country has attracted many big companies to relocate their businesses to Ireland. This, along with a significant contribution from tourism, agriculture and manufacturing make up most of the country’s GDP. Ireland is a big exporter of metals and food products. Even though the country has a high GDP per capita, there is a considerable gap between the richest and poorest. It has a population of about 5 million.
Switzerland
$81,867.46 .Switzerland has a stable economy with a fixed currency value. With attractive tax rates, the country is regarded as a safe haven by investors. Moreover, low tax rates also attract investment, as well as international companies. Switzerland’s GDP gets the maximum contribution from exports, including gems, precious metals, pharmaceuticals, machinery, and more. It is also one of the top tourist destinations. Switzerland has a population of more than 8 million.
Luxembourg
$109,602.32 .Situated at the very heart of Europe, this country is known for its castles and beautiful countryside. The country uses a majority of its wealth to ensure better housing, healthcare and education for its citizens. Luxembourg boasts of advanced infrastructure, and thus, attracts big investments from outside companies. Luxembourg’s economy largely depends on banking, steel, and industrial sectors. It has a population of more than 600,000 people.
https://art.tn/view/1067/en/the_10_richest_countries_in_the_world/
One way to rank the wealthiest countries is on the basis of their GDP (gross domestic product). Such a ranking, however, doesn’t give an idea about the earnings of the people in the county. Detailed in the article are the 5 richest countries in the world.We have used the nominal GDP per capita data from visualcapitalist to come up with a list of the 5 richest countries in the world. Following are the 5 richest countries in the world:
United States
$63,051.40 .It is the biggest economy in the world, but ranks fifth in terms of per capita income. The United States has a relatively deregulated market economy. It is the most technologically powerful economy, and thus, its companies rank among the top in almost all sectors, including artificial intelligence (AI), military equipment, aerospace and more. The U.S. has abundant natural resources, advanced infrastructure and high productivity.
Norway
$67,988.59 .Norway has a high standard of living and ranks among the top on the human development index. The country has an advanced education system, universal health care and a distinct social security system. Norway is a major exporter of raw oil and gas resources. The country has a low unemployment and poverty rate, as well as one of the lowest income inequality gaps in the world.
Ireland
$79,668.50 .Low corporate tax rate in the country has attracted many big companies to relocate their businesses to Ireland. This, along with a significant contribution from tourism, agriculture and manufacturing make up most of the country’s GDP. Ireland is a big exporter of metals and food products. Even though the country has a high GDP per capita, there is a considerable gap between the richest and poorest. It has a population of about 5 million.
Switzerland
$81,867.46 .Switzerland has a stable economy with a fixed currency value. With attractive tax rates, the country is regarded as a safe haven by investors. Moreover, low tax rates also attract investment, as well as international companies. Switzerland’s GDP gets the maximum contribution from exports, including gems, precious metals, pharmaceuticals, machinery, and more. It is also one of the top tourist destinations. Switzerland has a population of more than 8 million.
Luxembourg
$109,602.32 .Situated at the very heart of Europe, this country is known for its castles and beautiful countryside. The country uses a majority of its wealth to ensure better housing, healthcare and education for its citizens. Luxembourg boasts of advanced infrastructure, and thus, attracts big investments from outside companies. Luxembourg’s economy largely depends on banking, steel, and industrial sectors. It has a population of more than 600,000 people.