In early 2018, the IMF conducted an analysis and announced the countries that have the highest GDP per capita. The development of the economies of these countries is favorably influenced by gas and oil reserves in their territories, as well as a strong banking system and investments. In today's article we will consider the richest countries on the planet.
Qatar
According to the IMF, Qatar is recognized as the richest country in the world. Assessing GDP, the country leads by a wide margin. This figure is 124 940 dollars.
Qatar is an oil exporter and ranks 3rd on the planet in terms of natural gas reserves.
Luxembourg
Luxembourg is the richest country in Europe with a very high standard of living. In the capital, Luxembourg, there are many organizations of the European Union. GDP here is 109,200 dollars.
Due to the offshore zone and favorable conditions in the capital there are at least 200 banks - a record among other cities in the world. In addition, about 1000 investment funds have been created here.
Singapore
Singapore is one of the richest countries with low taxation.In a developed market economy, transnational corporations play a significant role. Due to its low tax rates, Singapore has become very attractive for investors. There are only 5 taxes in the country, among which are the wage tax and the profit tax. The total amount of taxes is 27.1%.
GDP per capita in Singapore is $ 90,600. The country is sometimes compared to the East Asian tiger, because like this fast-moving predator, Singapore in a short period of time made an economic leap and developed to the level of the most prosperous countries in the world. The financial services sector, shipbuilding is very developed in this Asian country, the production of electronics and CD drives is at a high level. Large-scale research conducted in the field of biotechnology.
Brunei
Brunei is a wealthy state and one of the richest on the planet. The country bears the tacit name of "Islamic Disneyland" - for the wealth of the Sultan and the people of the country. Brunei's GDP is $ 76,800.
Due to the impressive reserves of gas and oil, this country is in the first places in terms of standard of living among other Asian countries. Oil production and refining is more than 10 million tons per year. Gas production - more than 12 billion cubic meters. meters The export of these stocks brings the country 90% of all foreign exchange earnings, which is 60% of GNP.
Ireland
Ireland’s growth has been made possible by exports and business investments. An important role in the development of the country is played by the construction and increase in consumer spending. The country's economy is modern, small and directly dependent on trade. Ireland's GDP is 72,700 dollars.
Norway
Norway has long been the largest producer of gas and oil in Northern Europe. The country has a large merchant fleet and mineral reserves. Norway has low inflation and unemployment. These figures are within 3% compared with other developed countries in Europe. GDP per capita in Norway is $ 70,600.
Kuwait
Kuwait has a huge oil reserves. They constitute approximately 100 billion barrels, and this is approximately 9% of the total world reserves of this natural resource. The country is a very important exporter of oil. This product gives the state of South-West Asia 50% of GDP, which is 95% of Kuwaiti’s national budget revenues.
Kuwait’s GDP is $ 70,000.
UAE
The basis of the entire economy of the United Arab Emirates is the extraction and export of gas and oil, trade, re-export. Daily oil production is about 2.2 million barrels. Black gold and foreign trade ensured the rapid growth of the UAE’s economy. In just a couple of decades, the country has become the richest in the world.
The GDP per capita in the UAE is 68,500 dollars.
Switzerland
Switzerland is one of the richest countries in the world. The state attracts investors due to bank secrecy and early monetary security. Investors in this country are confident in the absolute security of their money and savings, and the Swiss economy is becoming dependent on foreign investment. Trade and industry are additional key economic resources of the country. In addition to all this, Switzerland - the leader in the purification of gold throughout the world. It processes about 65% of world gold production.
Switzerland's GDP is 61,500 dollars.
Hong Kong
Hong Kong is included in the list of the richest countries and the richest city of the PRC. This is a free port, which is not an offshore zone. There are no taxes and customs fees. Excise duties are collected from only 4 types of goods and it does not matter whose production they are - local or imported. The territory market is free, the state does not interfere in the economy, low taxation - all these factors allowed Hong Kong to become a state with a very developed economy in a short period of time.
Hong Kong's GDP is 61,100 dollars.
San marino
In southern Europe, there is the tiniest state on the planet - San Marino. From all sides, the country borders with Italy.Tourism plays a huge share in the development of the country's economy. More than 3 million tourists visit the country annually, and about 2 million people work in the country's tourism industry.
San Marino's GDP is $ 60,500.
USA
According to the nominal GDP of the United States is the first country in the world. This country owns almost 40% of the world's wealth. The US manufacturing sector remains the largest in size on the entire planet.
US GDP is 59,800 dollars.
Saudi Arabia
The country is the main state of OPEC. 75% of the country's total income comes from oil exports, which is about 95% of Saudi Arabia’s total exports.
Saudi Arabia's GDP is 55,400 dollars.
Netherlands
The Netherlands is a country with a very developed economy. Construction and industry, fisheries and agriculture, international tourism, communications, transport, experimental design and research work play a huge role in the development of the country's economy.
Netherlands GDP is 53,700 dollars.
Iceland
The island state of Iceland is located in the west of Northern Europe. Across the country, there is a large-scale construction of aluminum plants. Information technologies, banking, tourism, and biotechnology are actively developing in Iceland.
The main GDP growth is directly related to tourism. Iceland is very developed industry. 69.6% of the working population is involved in the service sector; 22.6% - in industry; 7.8% - in agriculture.
Iceland’s GDP is $ 52,200.
