Top Ten Wealthiest Countries In the World

This list is going according to GDP (gross domestic product). GDP per capita measures the total output and divides it by the number of people in the country. Measuring a countries wealth with GDP is important, because it allows for people to compare one countries relative income to another.

  1. Saudi Arabia
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    (GDP $51,924) Like many other oil-based economies, it has strong governmental control over neighboring countries. It contains 18% of the world's known petroleum reserves; therefore, ranking as the world's largest exporter of petroleum.

  3. United States of America
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    (GDP $54,630) The United States has maintained the world's largest economy, while having a population upwards of 350 million. It has maintained this high status due to its large domestic automotive industry, technological sector that foster innovation, and a system of democracy that protects entrepreneurial and intellectual property rights.

  5. Switzerland
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    (GDP $57,235) Switzerland holds it high value, because many of the wealthiest people in world have Swiss bank accounts, this boosts its countries GDP exponentially. In addition to this, it also has some of the largest financial institutions.

  7. Norway
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    (GDP $64,856) Norway has a considerably small population of only 4.97 million people, which allows for people to take advantage of this with little competition for their business. This small yet powerful economy is driven by fishing ports, natural resources, and interest in petroleum. Norway is the eighth largest exporter of crude oil, 9th largest exporter of refined oil, and 3rd largest exporter of natural gas in the world.

  9. The United Arab Emirates
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    (GDP $67,674) The United Arab Emirates has an area about the size of New York State, and a slightly larger populataion than the State of New Jersey, which is around 10 million. Nearly all of its revenue comes from oil, giving it the second strongest economy in the world.

  11. Brunei
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    (GDP $71,185) Brunei is a small country with a wealthy economy that is a mixture of foreign and domestic entrepreneurship. It is almost completely supported by exports of crude oil and natural gas. However, it is trying to diversify its economy away from just oil and gas.

  13. Kuwait
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    (GDP #$73,246) The Kuwaiti dinar is currently world's highest valued currency. The small country contains 10% of the world's oil reserves. 95% of the contries revenue comes from petroleum exports.

  15. Singapore
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    (GDP $82,763) Singapore is now considered a city-state, becuase of the small area it occupies; however, along with its economic dominance it is now considered an independent state. Singapore's government heavily boasts entrepreneurship and building forward. Singapore is home to the second largest port in the world, exporting over $400 billion in goods annualy.

  17. Luxembourg
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    (GDP $97,662) The economy of Luxembourg is one of the largest in world due to its strong financial backing and industrial steel companies. The largest contributor to its success is its banks, the Bank of Luxembourg contains over $1 trillion dollars in assets alone.

  19. Qatar
  20. Come Visit Qatar!

    (GDP $140,649) Qatar currently ranks as the wealthiest country in the world. Qatar has one of the strongest oil and petroleum exports in the world that make up nearly all of its economic succcess as well as its increasing wealth.