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top ten richest country in the world
Do you have any idea about the top ten richest country in the world? If you love to know about different countries’ financial status, then you must read this article. There are many financial corporations in the world who actually constantly analyzing who is the top richest country now! Based on GDP, they will analyze the result. To put it simply, a country’s wealth should be measured by the totality of all goods and services. Check this article to understand which countries are richer and why!
If you are checking the top 10 richest countries, then you will find Qatar at the top position. This country has a robust economy because of its petroleum sector. They export their petroleum almost 85% and them able to earn 70% of the total national revenue. They have around 2.639 million populations and this country is now days going on with surplus revenue. Along with their tourist trade is also booming now!
This is a former Portuguese colony and this is the second richest nation in the world. Every year 7.4 percent of the GDP is increasing constantly. Their source of revenue mainly comes from gambling and tourism. They have the largest gambling sector in the world. If you compare it with other countries, gambling is here much better and they earn much more revenue than in any other country. From the year 2006, Macau constantly earning huge revenue from gambling. And their income source is constantly increasing and in recent 2018, their rising percentage of revenue becomes 16.81 million.
This is another richest countries in the world. This is a small European nation and this nation is known for its majestic castles and delectable cuisine etc. The GDP of this company is increasing massively. It’s almost 3.9 percent from last year. The source of the income steel industry, banking segment, and others as well. This company also has more than 150 banks and their banking and financial sector helps to earn lots of money.
This is another small but richest country in the world. This country has 5.612 million people and it’s a wealthy nation and the safe and secure nation as well. Every year this country’s GDP is increasing constantly by 4.4 percentage. Singapore’s economy is constantly growing and here many foreign companies also trading and earning huge revenue. Their fast and modern life, amenities, and tourists trade is booming now!
This is one of the smallest countries and this country has a total of 4, of 00,000 people. But don’t think as it’s a small country with and small population so that their economy is weak! No, they have a huge economy and they also come among the top 10 richest countries in the world. Their GDP is increasing every year. This country is wealthy because its trading completely depends on natural gas and oil. They always invest their revenue in other sections and can earn huge money!
This country is famous for its great writers and lovely tourist destinations. This country has the highest living standard worldwide. They also have a robust economy and their GDP is increasing every year by almost 6.1 percentages. Ireland’s economy is constantly growing and many foreign investors already invested in their country for export business like computer equipment, electrical and medical products as well.
Norway is another best country that is very strong in the financial sector. This is one of the top richest countries in the world. The GDP of this country every year is increasing by almost 3.1% always. Industrialization is the main source of income and the reason for economic growth. They are always ready to offer you high productivity and the best living in nature.
United Arab Emirates
This is another Middle Eastern country that earns huge revenue from its petroleum sector. They also earn money from their industrial sector and other sectors. This will also boost the national economy. Every year their GDP is increasing by almost 2.4% approx. This country also starts earning revenue from its tourist’s packages.
if you check the top 10 richest countries lists, Kuwait is another richest countries in the world. Their economy is mainly based on petroleum and 95% of the oil and gas they are exporting in the world and earning a huge income from them. Kuwait’s GDP per capita is also increasing. They are also increasing some other businesses to gain income as a second source.
This is a special administrative region in china. This is one of the best and richest countries in the world. They are Asia’s best financial hubs. This country is constantly earning revenue from tourists, their electronics business, exports, and foreign investment.