Font Size

- Aa +

Sun 19 Jun 2011 12:52 PM

Font Size

- Aa +

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

Massive oil and gas wealth pushes Gulf Arab nations above developed countries in rankings

UAE, Qatar, Kuwait among world's 20 richest nations
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
UAE, Qatar, Kuwait among world's 20 richest nations
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.
UAE, Qatar, Kuwait among world's 20 richest nations
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
UAE, Qatar, Kuwait among world's 20 richest nations
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
UAE, Qatar, Kuwait among world's 20 richest nations
5. Brunei Darussalam -- GDP (PPP) per capita per year (current international dollars): 48,714
UAE, Qatar, Kuwait among world's 20 richest nations
6. United States -- GDP (PPP) per capita per year (current international dollars): 47, 702
UAE, Qatar, Kuwait among world's 20 richest nations
7. Hong Kong SAR -- GDP (PPP) per capita per year (current international dollars): 44, 840
UAE, Qatar, Kuwait among world's 20 richest nations
8. Switzerland -- GDP (PPP) per capita per year (current international dollars): 43, 903
UAE, Qatar, Kuwait among world's 20 richest nations
9. Netherlands -- GDP (PPP) per capita per year (current international dollars): 40, 601
UAE, Qatar, Kuwait among world's 20 richest nations
10. Australia -- GDP (PPP) per capita per year (current international dollars): 39, 841
UAE, Qatar, Kuwait among world's 20 richest nations
11. Austria -- GDP (PPP) per capita per year (current international dollars): 39, 561
UAE, Qatar, Kuwait among world's 20 richest nations
12 Canada -- GDP (PPP) per capita per year (current international dollars): 39, 037
UAE, Qatar, Kuwait among world's 20 richest nations
13 Ireland -- GDP (PPP) per capita per year (current international dollars): 39, 009
UAE, Qatar, Kuwait among world's 20 richest nations
14. Kuwait -- GDP (PPP) per capita per year (current international dollars): 38, 984
UAE, Qatar, Kuwait among world's 20 richest nations
15. Iceland -- GDP (PPP) per capita per year (current international dollars): 36, 750
UAE, Qatar, Kuwait among world's 20 richest nations
16. Sweden -- GDP (PPP) per capita per year (current international dollars): 36, 503
UAE, Qatar, Kuwait among world's 20 richest nations
17. Denmark-- GDP (PPP) per capita per year (current international dollars): 36, 336
UAE, Qatar, Kuwait among world's 20 richest nations
18. United Arab Emirates -- GDP (PPP) per capita per year (current international dollars): 36, 176
UAE, Qatar, Kuwait among world's 20 richest nations
19. Belgium -- GDP (PPP) per capita per year (current international dollars): 35, 825
UAE, Qatar, Kuwait among world's 20 richest nations
20. United Kingdom -- GDP (PPP) per capita per year (current international dollars): 35, 083