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Top 10 Richest Countries in the World
Check the top 10 richest countries in the world. This list of the richest countries. Economics of the world can be ranked based on different pointers or indicators and the Gross Domestic Product (GDP) is one of the economic indicators that provide valuable information. Check complete details from this article.
MAYANK UTTAM
MAR 7, 2019 18:33 IST
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Top 10 Richest Countries in the World
Top 10 Richest Countries in the World
Do you know about the richest countries in the world? There are different metrics to rank economies of the world. The Gross Domestic Product (GDP) is one of the economic pointers and gross domestic product (at purchasing power parity) per capita or GDP per capita is the aptest metrics to rank economics of the world. It is the value of all final services and goods produced in a country within a year divided by the mean of the population of the same year. Organizations like the World Bank and the International Monetary Fund prepares the relevant data and many organization uses this data to rank economies of the world.

Top 10 Richest Countries/Territories in the World

This list of top 10 richest countries/territories of the world is based on International Monetary Fund’s (October 2017) data.

10. Hong Kong

GDP per Capita: $61,020

Hong Kong is a territory with a population of more than 7 million people. It has consistently ranked at the top of the Heritage Foundation's index of economic freedom since 1995, but the region suffers from a relatively high level of income disparity.

9. Switzerland

GDP per Capita: $61,360

Switzerland shares its border with Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. It has a population of 8 million people.

8. United Arab Emirates

GDP per Capita: $68,250

The UAE has a population of over 10 million people. UAE is one of the top richest countries in the world. The UAE's economy remains remarkably reliant on oil.