It is indeed a dream of every country to be the richest in the world,
because it does not only promise the national pride among the
international community but also puts in the best position to meet the
needs of its people. The economic policies of every state are directed
and carefully devised in order to meet the global economic challenges.
Every country aspires to increase its federal reserves to maximum
achievable levels. However, it must not be forgotten that such
prosperity is not achieved over night; rather they demand consistent
hard work in right direction. Therefore, the stable economic and
political conditions, accompanied by best economic policies are
perquisite to enjoy the privilege of being treated as one of the richest
countries of the world. Following is the list of top 10 richest
countries of the world, based on statistics of their gross domestic
product (GDP). This list is carefully devised by strictly following the
official statistics which are accepted all over the world. These
countries are very influential and powerful
10. Kuwait
Kuwait, one the most prosperous
countries of Asia, holds the 10th position on the list of top 10 richest
countries of the world. Owing to her stable economic conditions, Kuwait
is home for best and encouraging economic future for those who are
determined to work hard in highly competitive conditions. Moreover,
Kuwait offers employment opportunities to the millions of overseas as
well. The current GDP rate of this country is $43,846.72.
9. Switzerland
This land of international diplomatic
activities also enjoys stable and promising economic conditions which
significantly contribute towards improving the economic prosperity if
its inhabitants. Switzerland is largely famous for its banking services
all around the globe. The current GDP rate of Switzerland, i.e.
$45,285.8, helps it to secure the ninth position on the list of top 10
richest countries of the world.
8. United Arab Emirates
United Arab Emirates have witnessed
revolutionary economic developments in last few decades. The abundance
of natural resources, particularly oil, has helped UAE to make
unbelievable leaps on the road of development. It provides homage to
millions of people who are working in UAE and are sending remittances
back to their homes. The current GDP rate of United Arab Emirates is
$48,992.47.
7. United States of America
USA, owing to her status of global world
power, enjoys leverage position over other countries in economic terms
as well. The American products are widely purchased in every part of the
globe which significantly increases the national treasure of the
country. The current GDP rate of USA is $49,802.15, which helps it
securing the 7th position on the list of top 10 richest countries of the
world.
6. Brunei
Brunei is one of the most prosperous
countries of not only continent of Asia but of entire world. Owing to
her stable economic conditions, Brunei is also developing with great
speed. The current GDP rate of Brunei is 50,526.35.
5. Hong Kong
Hong Kong is a great economic power of
Asia. The stable political conditions of country help it in great deal
to prosper in economic terms. The current GDP rate of Hong Kong is
50,708.95.
4. Norway
This Scandinavian country is located in
Europe and is one the richest countries of the world. It is believed
that Norway is a home of wide opportunities for all those who are
determined to work hard in highly competitive environment. The effective
economic policies of Norwegian government have helped the country to
make great economic progress. The current GDP rate of Norway is
$55,264.45.
3. Singapore
Singapore is one of those Southeast
Asian countries who have made great economic developments in past years.
It is emerging as a new great economic power of Asia. The GDP rate of
Singapore, $60,883.33, helps it secure the 3rd position on the list of
top 10 richest countries of the world.
2. Luxembourg
Luxembourg is the richest country of
entire Europe and the second richest country of entire world.
Luxembourg’s economic conditions offer promising opportunities for the
investors form all around the world. Currently, it is moving on the road
of development with great speed, leaving behind the major powers of
Europe. The current GDP rate of Luxembourg is $80,679.06.
1. Qatar
With the GDP rate of 102,768.60, Qatar
enjoys the honor of being treated as the richest country of entire
world. Its GDP rate significantly surpasses its competitors which and it
really is difficult for those countries to attain that GDP rate in near
future.
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