It is indeed a dream of every country to be the richest in the world, because it does not only promise the national pride among the international community but also puts in the best position to meet the needs of its people. The economic policies of every state are directed and carefully devised in order to meet the global economic challenges. Every country aspires to increase its federal reserves to maximum achievable levels. However, it must not be forgotten that such prosperity is not achieved over night; rather they demand consistent hard work in right direction. Therefore, the stable economic and political conditions, accompanied by best economic policies are perquisite to enjoy the privilege of being treated as one of the richest countries of the world. Following is the list of top 10 richest countries of the world, based on statistics of their gross domestic product (GDP). This list is carefully devised by strictly following the official statistics which are accepted all over the world. These countries are very influential and powerful.
Kuwait, one the most prosperous countries of Asia, holds the 10th position on the list of top 10 richest countries of the world. Owing to her stable economic conditions, Kuwait is home for best and encouraging economic future for those who are determined to work hard in highly competitive conditions. Moreover, Kuwait offers employment opportunities to the millions of overseas as well. The current GDP rate of this country is $43,846.72.
This land of international diplomatic activities also enjoys stable and promising economic conditions which significantly contribute towards improving the economic prosperity if its inhabitants. Switzerland is largely famous for its banking services all around the globe. The current GDP rate of Switzerland, i.e. $45,285.8, helps it to secure the ninth position on the list of top 10 richest countries of the world.
8. United Arab Emirates
United Arab Emirates have witnessed revolutionary economic developments in last few decades. The abundance of natural resources, particularly oil, has helped UAE to make unbelievable leaps on the road of development. It provides homage to millions of people who are working in UAE and are sending remittances back to their homes. The current GDP rate of United Arab Emirates is $48,992.47.
7. United States of America
USA, owing to her status of global world power, enjoys leverage position over other countries in economic terms as well. The American products are widely purchased in every part of the globe which significantly increases the national treasure of the country. The current GDP rate of USA is $49,802.15, which helps it securing the 7th position on the list of top 10 richest countries of the world.
Brunei is one of the most prosperous countries of not only continent of Asia but of entire world. Owing to her stable economic conditions, Brunei is also developing with great speed. The current GDP rate of Brunei is 50,526.35.
5. Hong Kong
Hong Kong is a great economic power of Asia. The stable political conditions of country help it in great deal to prosper in economic terms. The current GDP rate of Hong Kong is 50,708.95.
This Scandinavian country is located in Europe and is one the richest countries of the world. It is believed that Norway is a home of wide opportunities for all those who are determined to work hard in highly competitive environment. The effective economic policies of Norwegian government have helped the country to make great economic progress. The current GDP rate of Norway is $55,264.45.
Singapore is one of those Southeast Asian countries who have made great economic developments in past years. It is emerging as a new great economic power of Asia. The GDP rate of Singapore, $60,883.33, helps it secure the 3rd position on the list of top 10 richest countries of the world.
Luxembourg is the richest country of entire Europe and the second richest country of entire world. Luxembourg’s economic conditions offer promising opportunities for the investors form all around the world. Currently, it is moving on the road of development with great speed, leaving behind the major powers of Europe. The current GDP rate of Luxembourg is $80,679.06.
With the GDP rate of 102,768.60, Qatar enjoys the honor of being treated as the richest country of entire world. Its GDP rate significantly surpasses its competitors which and it really is difficult for those countries to attain that GDP rate in near future.