Top ten richest countries in 2018
When it comes to the top richest countries in 2018, all that comes to our mind is countries like the USA or the UK or maybe sometimes Asian giants, like Japan. But according to a current survey, the following list might be a good treat to you. So let's begin.
Here are the Top 10 Richest Countries in 2018
10. Hong Kong ($61,020)
Hong Kong’s growth rate slowed down a bit in 2016, according to the IMF, but still stands as one of the richest countries in the world. A downfall in global trade and tourism from mainland China led to lower growth last year, the IMF said, but spending is expected to lead Hong Kong’s growth rate to pick up for 2017. The Asian nation has a population of more than 7 million.
9. Switzerland ($61,360)
The country of 8 million people is fighting back strongly after its central bank lost $52 billion back in 2015. The IMF reported that Switzerland growth reached 1 1/2% in 2016. The country has also been executing plans and policies to help boost its economic recovery.
8. United Arab Emirates ($68,250)
The United Arab Emirates stands bold as one of the richest countries in the world, with an economy supported strongly by the oil market, according to the IMF. Unfortunately, lower oil prices and output led to a lack of growth for the country in 2016, according to the IMF. However, non-oil growth in the UAE, which has a population of just over 10 million, was expected to rise in 2017 and it did.
7. Kuwait ($69,670)
Kuwait, a country with a population of 4 million people, bucked the trend of other oil-driven economies faced a rather slower growth in 2016 because to a drop in oil prices and production, according to the IMF, largely because Kuwait saw growth in non-oil areas. And that non-oil growth is predicted to continue growing, the IMF said.
6. Norway ($70,590)
The Scandinavian nation with over 5 million citizens, sits just outside of the top five richest countries in the world per capita. According to the IMF, the country was affected in a negative way by the the lower oil price over the last couple of years. Norway also saw its growth fall to the minimum since 2008 and 2009’s economic downturn, although the country was also able to reduce its unemployment rate after its peak last summer as of 2016.
5. Ireland ($72,630)
Ireland stands as a nation with one of the highest growth rates in Europe, pushing it round out the top five richest nations in the world. Spending, investment and construction boosted GDP growth in Ireland in 2016, the IMF reports.
4. Brunei ($76,740)
Though Brunei’s GDP growth reduced in 2016, the country actually came out and faired better than expected, according to the IMF. The well to do country, which is made up of just over 400,000 people, has seen success in adjusting and focusing to downturns in the oil market, despite it being one of the master export of Brunei. Almost 90% of Brunei’s revenue came from oil and gas, in 2014, according to the latest figure from the IMF.
3. Singapore ($90,530)
Singapore stays as one of the world’s richest countries and saw its real GDP grow by 2.7% year-on-year in the first quarter of 2017, the IMF reported. The city-state with a population of whooping 5.6 million has been unstoppably growing since last year as the global electronics trades has rebounded. On a broader scale, IMF notes that Singapore’s economic growth has been confined mainly to its expert-oriented fields.
2. Luxembourg ($109,190)
Luxembourg, with a population of close to 600,000 ranks as the world’s second-richest country. The country has control over a strong workforce and its 2016 growth exceeded the European Union’s overall growth. However, the IMF notes that changing a changing landscape from Brexit and policy changes coming for the U.S. can create market unevenness.
1. Qatar ($124,930)
The small Middle Eastern country often ranks as one of the richest countries in the world per capita and puts it in the richest country of 2017. Qatar’s population is approximately 2.27 million, giving it a total GDP of approximately $124,930 per person and making it the richest country in world as of 2017, according to the IMF. The country has risen despite of facing lower prices for hydrocarbon, a major revenue source for Qatar, which is used for fuel. Qatar’s GDP growth was expected to continue through 2018 and it did.
So These are to the top most Richest Country in the world in 2018, I hope you Like the list please do subscribe to our website for getting latest Email Updates.
When it comes to the top richest countries in 2018, all that comes to our mind is countries like the USA or the UK or maybe sometimes Asian giants, like Japan. But according to a current survey, the following list might be a good treat to you. So let's begin.
Top 10 Richest Countries in 2018
10. Hong Kong ($61,020)
9. Switzerland ($61,360)
8. United Arab Emirates ($68,250)
7. Kuwait ($69,670)
6. Norway ($70,590)
5. Ireland ($72,630)
4. Brunei ($76,740)
3. Singapore ($90,530)
2. Luxembourg ($109,190)
1. Qatar ($124,930)
10. Hong Kong ($61,020)
9. Switzerland ($61,360)
8. United Arab Emirates ($68,250)
7. Kuwait ($69,670)
6. Norway ($70,590)
5. Ireland ($72,630)
4. Brunei ($76,740)
3. Singapore ($90,530)
2. Luxembourg ($109,190)
1. Qatar ($124,930)
Here are the Top 10 Richest Countries in 2018
Hong Kong’s growth rate slowed down a bit in 2016, according to the IMF, but still stands as one of the richest countries in the world. A downfall in global trade and tourism from mainland China led to lower growth last year, the IMF said, but spending is expected to lead Hong Kong’s growth rate to pick up for 2017. The Asian nation has a population of more than 7 million.
9. Switzerland ($61,360)
The country of 8 million people is fighting back strongly after its central bank lost $52 billion back in 2015. The IMF reported that Switzerland growth reached 1 1/2% in 2016. The country has also been executing plans and policies to help boost its economic recovery.
8. United Arab Emirates ($68,250)
The United Arab Emirates stands bold as one of the richest countries in the world, with an economy supported strongly by the oil market, according to the IMF. Unfortunately, lower oil prices and output led to a lack of growth for the country in 2016, according to the IMF. However, non-oil growth in the UAE, which has a population of just over 10 million, was expected to rise in 2017 and it did.
7. Kuwait ($69,670)
Kuwait, a country with a population of 4 million people, bucked the trend of other oil-driven economies faced a rather slower growth in 2016 because to a drop in oil prices and production, according to the IMF, largely because Kuwait saw growth in non-oil areas. And that non-oil growth is predicted to continue growing, the IMF said.
6. Norway ($70,590)
The Scandinavian nation with over 5 million citizens, sits just outside of the top five richest countries in the world per capita. According to the IMF, the country was affected in a negative way by the the lower oil price over the last couple of years. Norway also saw its growth fall to the minimum since 2008 and 2009’s economic downturn, although the country was also able to reduce its unemployment rate after its peak last summer as of 2016.
5. Ireland ($72,630)
Ireland stands as a nation with one of the highest growth rates in Europe, pushing it round out the top five richest nations in the world. Spending, investment and construction boosted GDP growth in Ireland in 2016, the IMF reports.
4. Brunei ($76,740)
Though Brunei’s GDP growth reduced in 2016, the country actually came out and faired better than expected, according to the IMF. The well to do country, which is made up of just over 400,000 people, has seen success in adjusting and focusing to downturns in the oil market, despite it being one of the master export of Brunei. Almost 90% of Brunei’s revenue came from oil and gas, in 2014, according to the latest figure from the IMF.
3. Singapore ($90,530)
Singapore stays as one of the world’s richest countries and saw its real GDP grow by 2.7% year-on-year in the first quarter of 2017, the IMF reported. The city-state with a population of whooping 5.6 million has been unstoppably growing since last year as the global electronics trades has rebounded. On a broader scale, IMF notes that Singapore’s economic growth has been confined mainly to its expert-oriented fields.
2. Luxembourg ($109,190)
Luxembourg, with a population of close to 600,000 ranks as the world’s second-richest country. The country has control over a strong workforce and its 2016 growth exceeded the European Union’s overall growth. However, the IMF notes that changing a changing landscape from Brexit and policy changes coming for the U.S. can create market unevenness.
1. Qatar ($124,930)
The small Middle Eastern country often ranks as one of the richest countries in the world per capita and puts it in the richest country of 2017. Qatar’s population is approximately 2.27 million, giving it a total GDP of approximately $124,930 per person and making it the richest country in world as of 2017, according to the IMF. The country has risen despite of facing lower prices for hydrocarbon, a major revenue source for Qatar, which is used for fuel. Qatar’s GDP growth was expected to continue through 2018 and it did.
So These are to the top most Richest Country in the world in 2018, I hope you Like the list please do subscribe to our website for getting latest Email Updates.
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