There are a hundred of countries in the world but the best known for their wealth are the countries that enjoy the most of the popularity, and most of the visitors as per the statistics of 2014. We have been sharing much about the rich lists of the world and here we are again with the latest list of top 10 most richest countries of the World in 2014.
Have a look!
1. Qatar
This country is located in the Middle East Asia with Doha as its capital. The country has a GDP of US$182 billion which is majorly dependent on its petroleum resources. The petroleum sector is also contributing 85% to its export earnings. It is a peninsula of the gulf and also generates much of its income through tourism and banking.
2. Luxembourg
Neighbors to Belgium, France and Germany, this is a small country located in central Europe and enjoys the second highest per capita GDP. It is known to be a country where citizens do not have to pay taxes. Luxembourg earns through its telecommunication and steel industry.
3. Singapore
It is an Asian country comprising of 63 islands and majority of its population practicing Buddhism. It is one of the countries with the largest financial centers including Hong Kong, South Korea and Taiwan. Singapore’s GDP showed a 5.1% increase in the first quarter of 2014.
4. Norway
Norway shares borders with Finland, Sweden, Russia and a few other wealthy nations. Its economy majorly revolves around the natural gas and oil reserves. In the last quarter of 2013, the country showed a 3.1% increase in its GDP.
5. Hong Kong
It is situated on the coast of China and is dependent on China for its defense services. Hong Kong is one of the financial destinations of investors in the world. According to the 2011 survey, Hong Kong has an estimate GDP of US$ 260.471 billion.
6. Brunei Darussalam
It is one of the least populated countries of the world and earns through the crude oil and natural gas exports. Brunei is situated in south East Asia and has an average annual GDP of US$ 50,400.
7. United States Of America
USA is ranked as the largest manufacturing nation throughout the world. It earns through exporting weapons, technology and a few other services and products.
8. United Arab Emirates
It has annual GDP of US$ 48,400. With the third largest GDP in the Middle East, it is one of the richest Arab countries. It majorly earns through natural gas and oil reserves but due to depletion of oil reserves, business is also flourishing in the country.
9. Switzerland
Switzerland is the leading maker and exporter of watches, it also earns through agriculture, tourism and banking. It has a very stable economy and has managed to maintain its GDP records.
10. Kuwait
It is one of the prosperous counties of the Middle East Asia and depends on its petroleum reserves for income. It enjoys a GDP of US$ 43,700 with a very small population of 2.8 million.
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