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Top 10 Richest Countries in the World

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Here is a list of the top 10 richest countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average population for the same year.

As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381.

The countries listed below are based on International Monetary Fund’s calculations.

1️⃣ Luxembourg

GDP per Capita: $ 112,875

Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe.

It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Its capital, Luxembourg City, is one of the four official capitals of the European Union together with Brussels, Frankfurt, and Strasbourg and the seat of the Court of Justice of the European Union, the highest judicial authority in the EU.

Its culture, people, and languages are highly intertwined with its neighbours, making it a mixture of French and German cultures.

2️⃣ Singapore

GDP per Capita: $ 95,603

Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.

It lies about one degree of latitude 137 kilometres or 85 miles north of the equator, off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the west, the Riau Islands (Indonesia) to the south, and the South China Sea to the east.

The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world.

3️⃣ Qatar

GDP per Capita: $ 91,897

Qatar, officially the State of Qatar, is a country located in Western Asia, occupying the small Qatar Peninsula on the northeastern coast of the Arabian Peninsula.
Its sole land border is with neighbouring Gulf Cooperation Council (GCC) monarchy Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The Gulf of Bahrain, an inlet of the Persian Gulf, separates Qatar from nearby Bahrain.

4️⃣ Republic of Ireland

GDP per Capita: $ 89,383

Ireland, also known as the Republic of Ireland, is a country in north-western Europe occupying 26 of 32 counties of the island of Ireland.

The capital and largest city is Dublin, which is located on the eastern side of the island. Around 40% of the country’s population of 4.9 million people resides in the Greater Dublin Area.

The sovereign state shares its only land border with Northern Ireland which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George’s Channel to the south-east, and the Irish Sea to the east.

5️⃣ Switzerland

GDP per Capita: $ 68,340

Switzerland, officially the Swiss Confederation, is a country situated at the confluence of Western, Central, and Southern Europe. It is a federal republic composed of 26 cantons, with federal authorities based in Bern. Switzerland is a landlocked country bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east.

It is geographically divided among the Swiss Plateau, the Alps, and the Jura, spanning a total area of 41,285 km^2 (15,940 sq mi), and land area of 39,997 km^2 (15,443 sq mi). While the Alps occupy the greater part of the territory, the Swiss population of approximately 8.5 million is concentrated mostly on the plateau, where the largest cities and economic centres are located, among them Zürich, Geneva and Basel.

These cities are home to several offices of international organisations such as the headquarters of FIFA, the UN’s second-largest Office, and the main building of the Bank for International Settlements. The main international airports of Switzerland are also located in these cities.

6️⃣ Norway

GDP per Capita: $ 64,856

Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe whose mainland territory comprises the western and northernmost portion of the Scandinavian Peninsula.

The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land.

Norway has a total area of 385,207 square kilometres (148,729 sq mi) and a population of 5,385,300 as of November 2020. The country shares a long eastern border with Sweden (1,619 km or 1,006 mi long). Norway is bordered by Finland and Russia to the north-east, and the Skagerrak strait to the south, with Denmark on the other side.

Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea.

7️⃣ United States (USA)

GDP per Capita: $ 63,051

The United States of America (USA), commonly known as the United States (U.S. or US), or America, is a country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

At 3.8 million square miles (9.8 million square kilometers), it is the world’s third- or fourth-largest country by total area. With a population of more than 328 million people, it is the third most populous country in the world. The national capital is Washington, D.C., and the most populous city is New York City.

8️⃣ Brunei

GDP per Capita: $ 61,816

Brunei, officially the Nation of Brunei, the Abode of Peace (Negara Brunei Darussalam‎), is a country located on the north coast of the island of Borneo in Southeast Asia.

Apart from its coastline with the South China Sea, the country is completely surrounded by the insular Malaysian state of Sarawak. It is separated into two parts by the Sarawak district of Limbang. Brunei is the only sovereign state completely on the island of Borneo; the remainder of the island’s territory is divided between the nations of Malaysia and Indonesia. Brunei’s population was 428,963 in 2018.

The government is an absolute monarchy under the Sultan, which implements a combination of English common law and sharia law, as well as direct general Islamic practices.

9️⃣ United Arab Emirates (UAE)

GDP per Capita: $ 58,466

The United Arab Emirates (UAE), is a country in Western Asia located at the eastern end of the Arabian Peninsula. It borders Oman and Saudi Arabia, and has maritime borders in the Persian Gulf with Qatar and Iran.

It is a federal elective constitutional monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Their boundaries have numerous enclaves within each other.

Each emirate is governed by a ruler, who together form the Federal Supreme Council, and one of whom serves as President of the United Arab Emirates.

In 2013, the UAE’s population was 9.2 million, of which 1.4 million were Emirati citizens and 7.8 million were expatriates.

🔟 Denmark

GDP per Capita: $ 57,781

Denmark, officially the Kingdom of Denmark, is a Nordic country in Northern Europe. Denmark proper, which is the southernmost of the Scandinavian countries, consists of a peninsula, Jutland, and an archipelago of 443 named islands, with the largest being Zealand, Funen and the North Jutlandic Island.

The islands are characterised by flat, arable land and sandy coasts, low elevation and a temperate climate. Denmark lies southwest of Sweden and south of Norway, and is bordered to the south by Germany.

Denmark proper has a population of 5.83 million (as of 2020).

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