There is an opinion that happiness is not in the money at all, but nevertheless they can provide fairly comfortable living conditions.
Today, there are many ratings that reflect the standard of living in a particular country, in particular, the IMF has a rating where the richest countries on the planet are represented.
How is the standard of living determined? First of all, we consider the indicator of GDP, which reflects the standard of living of citizens. The reserves of natural resources, microeconomic indicators are of great importance - and the higher they are, the better the locals live. This rating was compiled as of 2017 on GDP based on PPP ( gross domestic product based on purchasing power parity).
Qatar
The first position in the ranking of the richest countries in the world is occupied by the country on the Arabian Peninsula (Middle East) - Qatar. About 2.6 million people live here.
Almost the entire territory is represented by a desert with very poor flora and fauna, where in summer the air temperature can reach +50 degrees. Nevertheless, the country boasts huge reserves of natural gas, it is among the three leaders of all countries of the planet. The situation with oil is no worse. All these factors make Qatar the richest state.
In the country, per capita GDP, as of October 2017, is 124,529 US dollars. The state has an absolute monarchy and quite loyal taxation, for example, corporate tax for enterprises is only 10%.
There are a number of privileges for the local population: the absence of a charge for electric energy and a telephone. There is no problem with unemployment, the entrepreneurs of the world who open their representative offices here are obliged to employ the local population.
Luxembourg
It is the richest country in Europe and the second in the world ranking. Also one of the smallest countries of the European continent with a total area of only 2.5 thousand square kilometers. And only 602 thousand people live in Luxembourg. But GDP per capita is 106 374 US dollars.
It would seem, due to what the economy of a country is developing in such a way, where there are no natural reserves and heavy industry? It's simple: the secret is only in a powerful financial sector. The state has many investment funds (more than 4 thousand) and banks, of which there are about 141. Also, more than 95 insurance companies are registered in Luxembourg. It all started back in the 70s of the last century, when the banking and financial sectors began to develop to replace the metallurgical industry. The form of government is a constitutional monarchy.
Singapore
A small island state in Asia, occupying an honorable third place in the ranking of the richest countries in the world. 5.88 million people live here.
This is a parliamentary republic, where the main emphasis is on maximum openness towards investors from other countries, on medicine, high technology and tourism. The state is famous for the almost complete absence of corruption and unemployment. GDP per capita is $ 93,905.
Brunei
Another of the richest countries in the world, located in Asia, is Brunei. This is a miniature country in which no more than 442 thousand people live.
Despite its compact size, the bowels of the state are full of natural gas and oil. In addition, Brunei is very beautiful, so a huge number of tourists travel here.
The local population has many benefits: free medicine and the absence of personal income taxes, where per capita GDP is at $ 78,196.
Ireland
What is the richest state in Europe and in the world? The ranking also includes Ireland. Here, per capita GDP is $ 76,538 (data for October 2017).
This is a small state with an area of just over 70 thousand square kilometers. The form of government is a parliamentary republic. The main areas of the economy are pharmaceuticals and computer components, software development.
Norway
Another European and richest state in the world is Norway. The region boasts deposits of gas and oil, but in addition, emphasis is placed on seafood that is exported to many parts of the world. There are many mountains and glaciers on the territory, a rather harsh climate.
King Harald V rules the country, since there is a constitutional monarchy. The population is at the level of 5.2 million people, with GDP per capita - 71,831 dollars.
United Arab Emirates
This is the most beautiful and richest country in the Middle East. Along with Qatar, it boasts large oil reserves. The banking sector and tourism are well developed.
More than 5 million people live in the country. The form of government is a federation of absolute monarchies. Simply put, the union includes 7 emirates, which are actually dwarf states.
GDP per capita is 67,741 thousand dollars. The local population enjoys huge benefits, the country has almost no taxes. For this reason, there are no problems with investments in the country.
Kuwait
What is the richest state in the world? Kuwait closes the eight leaders - a country in which one of the largest reserves of all oil on Earth. Accordingly, about 90% of all state revenue is generated from the export of “black gold”.
GDP per capita is 66,163 thousand dollars. Another indicator of the well-being of the state is the most expensive local currency in the world. One Kuwaiti dinar can be purchased for 3.31 US dollars.
Switzerland
Confederate state with a federal-parliamentary form of government. The country is known for its beautiful nature and reliable banking system. About 8.5 million people live here. The state is famous for its neutral position to all military and political differences in the world.
In the European part of the planet, Switzerland is considered the richest state, although GDP is only 61,422 dollars.
San marino
The last in the top ten leaders of the richest countries in the world - San Marino. This is a parliamentary republic in southern Europe with an area of just over 60 thousand square kilometers. Here, the total length of all roads is 220 kilometers.
GDP per capita is $ 59,466. The basis of the country's economy is banking and insurance services. Good performance in the industrial sector and tourism. Once it was an agricultural country, now this area is represented mainly by sheep farming and grape growing.
The richest African states
The concept of gross domestic product on the "black continent" does not always objectively reflect the real income level of the local population. This indicator more demonstrates the growth of the economy and how the country is developing. It is no secret that the main resources in African countries are concentrated among rulers.
But there are leaders in the ranking of the richest countries:
name | number of population, million | GDP per capita, dollars | leading industries |
Equatorial Guinea | 1,260 | 36017 | oil, gold, gas and diamonds |
Seychelles | 95 thousand | 28779 | tourism, offshore zone |
Mauritius | 1,267 | 21640 | tourism, sugar supplies, offshore zone |
Gabon | 2,025 | 19254 | minerals: manganese, oil, gas and uranium |
Botswana | 2,292 | 17828 | minerals: coal, silver, platinum, sulfur |
Algeria | 41,318 | 15237 | liquefied petroleum gas |
South African Republic | 56,639 | 13545 | chemical industry, mining: diamonds, oil and gold |
Egypt | 97,553 | 12671 | tourism and agriculture |
Tunisia | 11,532 | 11755 | tourism, oil production and agriculture |
Namibia | 2,534 | 11312 | uranium and diamonds |
Finally
It is regrettable to admit, but all the countries of the post-Soviet space are not even among the thirty leaders in terms of GDP per capita. In the Russian Federation, this indicator is equal to 27 thousand 834 dollars. In Ukraine, the situation is even worse - 8713 dollars. In Belarus, the situation is slightly better - $ 18,931.
To date, the Central African Republic is the last in place, with more than 4 million people and a GDP of $ 677. Because of the military conflict, Syria “dropped out” of the rating for which there is no data, although the country has huge oil reserves.