Top 10 Richest country in 2020|GDP per capita

The International Monetary Fund (IMF) is known for issuing biannual reports on the economic performance of the world’s richest nations based on their GDP per capita. It likewise makes use of PPP capita as an additional basis for its report. Essentially, PPP makes a just comparison of living conditions among different countries by taking into consideration inflation rates and relative cost of living.

we will take a look at the top 10 richest countries in the world ranked according to economic data released by the IMF.

As explained earlier, the “richness” or “poorness” of a nation is determined by its GDP per capita. However, this does not mean that people in poor countries are generally poor. In the same manner, poor people exist in wealthy countries. And because poverty is seen as the more pressing issue between the two, studies have been focusing on how to alleviate poverty.
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