Top 5 Richest Countries in the World

 Top 5 Richest Countries in the World

The 30 Richest Countries

Rank	Country	GDP Per Capita (U.S. Dollars)
1	Qatar	124,927
2	Luxembourg	109,192
3	Singapore	90,531
4	Brunei Darussalam	76,743
5	Ireland	72,632
6	Norway	70,590
7	Kuwait	69,669
8	United Arab Emirates	68,245
9	Switzerland	61,360
10	San Marino	60,359
11	United States	59,495
12	Saudi Arabia	55,263
13	Netherlands	53,582
14	Iceland	52,150
15	Bahrain	51,846
16	Sweden	51,264
17	Germany	50,206
18	Australia	49,882
19	Taiwan	49,827
20	Denmark	49,613
21	Austria	49,247
22	Canada	48,141
23	Australia and New Zealand	48,027
24	Belgium	46,301
25	Oman	45,464
26	Finland	44,050
27	United Kingdom	43,620
28	France	43,551
29	Japan	42,659
30	Malta	42,532

1. Qatar - $124,927 GDP (PPP) per capita

 Qatar is the richest country in the world with a per capita income of $124,927. Qatar has a well-developed oil exploration industry where the petroleum industry accounts for 70% of its government revenue, 60% of its GDP and 85% of its export earnings. Although the size of Qatar's GDP is barely within the top 50th largest in the world, the country's relatively low population of two million results in a large GDP per capita, where most residents of the country enjoy a very high standard of living.

                             

2. Luxembourg - 109,192 GDP (PPP) per capita

A symbol of wealth, Luxembourg takes second place with a per capita GDP (PPP) of $109,191. This is nine times the world average. The backbone of this strong economy is its vibrant financial sector, prudent fiscal policies, and dynamic industrial and steel sectors. Banking in Luxembourg is the largest sector of its economy with an asset base of over $1.24 trillion alone.

                              

3. Singapore - $90,531 GDP (PPP) per capita

This tiny city-state has moved up from 5th position to take 3rd with per capita income (PPP) of $90,531, which is five times the average per capita income for an ordinary individual in the world. The basis of Singapore's wealth is its financial services sector, a chemical export industry, and its liberal economic policies that encourage growth and innovation. Singapore has the second busiest port in the world, exporting $414 billion of goods in 2011 alone.

                           

4. Brunei - $76,743 GDP (PPP) per capita

With a per capita income (PPP) of $76,743, Brunei ranks as the fourth richest county in the world. The tiny state in southeast Asia has a total area of 2,226 sq mi and a population of 417,200 as of July 2015. The county's wealthy economy is supported by the petroleum sector. Brunei is the ninth-largest producer of liquefied natural gas in the world as well as the third-largest oil producer in Southeast Asia. The government is working on diversifying the economy to rely less on petroleum revenue.

                         

5. Ireland - $72,632 GDP (PPP) per capita

The Emerald Isle has a per capita income of about $72,632 with a population of about 4.8 million people. The main industries that boost its economy are textiles, mining, and food production - staple products in any economy. In OECD (Organization of Economic Cooperation and Development) rankings, Ireland actually places 4th overall.