The richest countries in the world

Contents:

  •  Understanding whether a country is rich or not is easier than it seems. And simple arithmetic will help in this.

  •  There is such a metric – GDP or gross domestic product. It is she who helps to find out how much a country produces goods and provides services. And in order to understand whether a country is rich or poor, they look at the well-being of its citizens. More precisely, they divide the total GDP by the number of inhabitants.

Today we have collected statistics for you from to understand which countries in the world are on the list of the richest in 2021.

And if you want to go to one of them for permanent residence with your family or send your child to study there, we advise you to improve his knowledge of the language. Especially for this, the Skysmart online school has developed .

15. Iceland – GDP $55

  •  Iceland is an island nation that has been recognized as one of the safest on the planet. Even in the last century, this country could be proud of only one developed industry – fishing.

  •  Today, Iceland is multifaceted. The country's banks attract foreign capital, tourism and pharmaceuticals are developing. Thanks to this, Iceland has strengthened the economy enough to open the ranking of the 15 richest countries in the world.

14. Macau – GDP $56

  •  Macau is a small peninsula in China located south of Hong Kong. The main source of income in the country's economy is the gambling business. Today, 600 casinos have been built for 000 Macau citizens, which annually bring billions of dollars to the treasury – up to 40% of the country's GDP.

13. Netherlands – GDP $57

  •  The Netherlands is a country in Western Europe famous for its fields of tulips and ancient cities. A developed service sector helped her to enter the list of the richest countries in the world. Its share in total GDP is ⅔. The rest of the state's income comes from construction and production: aircraft building, textile and petrochemical industries.

12. San Marino – GDP $58

  •  The population of this tiny country is 33 citizens. Yet San Marino is just around the corner from the top 860 richest countries in the world.

  •  The local economy is strengthened by industries: their share in GDP is almost ⅔. Another 18% of San Marino's income comes from the banking sector, and the rest is tourism.

  •  In addition, San Marino is an offshore zone that helps foreign businesses avoid paying taxes. These conditions attract businessmen all over the world.

11. UAE – GDP $58

  •  Like other rich Arab countries, the treasury of the UAE is replenished by oil reserves. But this is not the only source of income for the state.

  •  Every year, hundreds of thousands of tourists arrive in the UAE – up to 250 from Russia alone. High salaries without taxes also attract specialists from all over the world. There are so many foreigners in the Emirates that local residents today account for only 000% of the population.

10. Denmark – GDP $58

  •  Denmark is one of the richest Scandinavian countries, which owns hydrocarbon reserves. The profit from trading it with other states is the main share of Danish GDP.

  •  In addition to resources, the country boasts a developed industry. Danish factories produce cars and textiles, farms produce milk and meat, and laboratories move the world's technologies forward.

9. Hong Kong – GDP $64

  •  Hong Kong is the business capital of Asia and an offshore zone that is among the 10 richest countries in the world. Market freedom rules here: the state does not interfere in business, and this helps it gain momentum faster.

  •  The contribution of the service sector to Hong Kong's GDP is 90%. The rest comes from technology development, banking and tourism.

8. Brunei – GDP $62

  •  Brunei is a country that has made its fortune thanks to the abundance of natural resources: oil and gas. Today, the fortune of the Sultan of Brunei is estimated at $20 million, and the GDP is $62.

  •  However, this does not mean that every citizen of Brunei is a wealthy person. With all the wealth of the country, part of the population is malnourished, and almost 40% of citizens earn less than $1 a month.

7. USA – GDP $63

  •  Today, the US economy is one of the largest in the world in terms of total GDP. So much so that it rises to 7th place in terms of the share of GDP per capita with 328 million citizens.

  •  Most of the GDP – 79% – is income from the American service sector. Another 20% of the economy is occupied by industry – oil, auto and aircraft construction, pharmaceuticals.

6. Norway – GDP $65

  •  Norway is richer in oil than any other European country. In terms of the share of GDP per capita, it holds the 6th place in the world. And this is the case when the wealth of a country reflects the real well-being of its citizens. No wonder Norway is included in the list of states with the happiest population and the highest standard of living.

5. Switzerland – GDP $72

  •  Swiss banks have long been synonymous with reliability, even for non-business people. This reputation brings millions of dollars of investment into the country every year.

  •  In addition to the financial sector, industry and gold refining contribute to the country's GDP. Today, Switzerland processes ⅔ of the amount of gold mined from around the world. This keeps the state in fifth place in the ranking of the richest in the world.

4. Qatar – GDP $93

  •  In 2014, hydrocarbon prices collapsed, causing each rich person in Qatar to lose an average of $15 a year. Statistics show that the share of the country's GDP per capita has declined in recent years.

  •  Qatar is a country rich in oil and gas, but not in the number of citizens. This helps him to stay in the top five of the top richest countries in the world for 20 years.

3. Ireland – GDP $94

  •  The problem of unemployment has haunted Ireland for years, but this does not prevent it from increasing its GDP and taking 3rd place among the richest countries. To stay afloat, despite the economic difficulties of the European Union, the state is helped by its developed industries:

• production of medicines and medical equipment;
• Machine building;
• information technologies and media.

  •  Today Ireland is one of the fastest growing economies in the world since the 2008 crisis.

2. Singapore – GDP $97

  •  Singapore gained independence from Malaysia recently – in 1965 – and has already managed to get rich. The secret of the success of this small state is not natural resources and investments, but smart policies and technologies.

  •  The Singaporean authorities managed to defeat corruption and directed all their efforts to industry. Thanks to this, the state's economy grew stronger every year by 9%.

1. Luxembourg – GDP $118

  •  Luxembourg is famous for its cuisine, rural beauty and ancient architecture around the world. And yet this is not the only thing that its citizens are proud of.

  •  Although Luxembourg ranks 164th in the world in terms of population, but in terms of wealth, the country is first on the list. And it has to do with offshore. Luxembourg spoils businessmen of the world with facilitated conditions, which has already attracted hundreds of banks and investment funds.

What is Russia's place in the list of the richest countries in the world?

  •  Russia is not included in our top richest countries. Today it is in 53rd place in the ranking with a GDP of $27. You can find it in the list below.

Ranking of the richest countries in the world in 2020