UAE, Qatar, Kuwait among world's 20 richest nations

Massive oil and gas wealth pushes Gulf Arab nations above developed countries in rankings
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US-based Global Finance magazine has released a list of the richest countries in the world in 2010. It has based the results on the most commonly accepted definition of the wealthiest countries - by determining how rich the average resident of a country is. Qatar has been ranked at number 1 in the list. The country's gross domestic product (GDP) purchasing power parity (PPP) per capita per year stood at $90,149 (current international dollars)\n[Data credit: www.gfmag.com]\n
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2. Luxembourg -- GDP (PPP) per capita per year (current international dollars): 79, 411 -- Note: GDP (gross domestic product) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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3. Norway -- GDP (PPP) per capita per year (current international dollars): 52, 964 -- Note: GDP PPP (purchasing power parity) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Purchasing power parities (PPPs) are the rates of currency conversion that eliminate the differences in price levels between countries
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4. Singapore -- GDP (PPP) per capita per year (current international dollars): 52, 840 -- Note: GDP (PPP) per capita is GDP on a purchasing power parity basis divided by population\n
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5. Brunei Darussalam -- GDP (PPP) per capita per year (current international dollars): 48,714
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6. United States -- GDP (PPP) per capita per year (current international dollars): 47, 702
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7. Hong Kong SAR -- GDP (PPP) per capita per year (current international dollars): 44, 840
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8. Switzerland -- GDP (PPP) per capita per year (current international dollars): 43, 903
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9. Netherlands -- GDP (PPP) per capita per year (current international dollars): 40, 601
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10. Australia -- GDP (PPP) per capita per year (current international dollars): 39, 841
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11. Austria -- GDP (PPP) per capita per year (current international dollars): 39, 561
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12 Canada -- GDP (PPP) per capita per year (current international dollars): 39, 037
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13 Ireland -- GDP (PPP) per capita per year (current international dollars): 39, 009
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14. Kuwait -- GDP (PPP) per capita per year (current international dollars): 38, 984
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15. Iceland -- GDP (PPP) per capita per year (current international dollars): 36, 750
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16. Sweden -- GDP (PPP) per capita per year (current international dollars): 36, 503
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17. Denmark-- GDP (PPP) per capita per year (current international dollars): 36, 336
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18. United Arab Emirates -- GDP (PPP) per capita per year (current international dollars): 36, 176
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19. Belgium -- GDP (PPP) per capita per year (current international dollars): 35, 825
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20. United Kingdom -- GDP (PPP) per capita per year (current international dollars): 35, 083
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