Do you know that out of about 200 countries in the world today, some of the countries generate trillions in revenue every year?
In order to keep you updated, we have researched on the top richest countries on earth and from the data gathered we have prepared this list. The list comprises of countries with the highest per capita income.
This ranking is based on data from the International Monetary Fund (IMF) on GDP per capita. It is based on the purchasing power parity, which compares the currencies of countries in relation to the cost of goods and is used to weigh a country’s economy in relation to others.
Most of the top ranking countries, like Qatar and Brunei, rely on fuel and oil to boost their economies. Although there has been a decline in the cost of fuel/oil.
Qatar ranks number one on the list of top 100 richest nations in the world 2019. This is because of its high GDP (PPP) per capita of $127,523. Do you know that 70% of their government revenue is gotten from its well-developed oil exploration industry? Now you know
Investment and strong banking systems have also helped in ensuring economic growth in other countries such as Iceland and Ireland.
List Of Top Richest Countries in the World 2019
Check out the list of the richest countries in the world below
GDP per capita (PPP) $
United Arab Emirates
The United States
The United Kingdom
The list would be updated from time to time as more countries emerge.
Is your country on the list?
Does your country have what it takes to be on the list?
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