Top 10 richest countries in the world 2017

Top 10 richest countries 2017:

The gross domestic product GDP demonstrates every nation's wealth which is earned in the result of the total value of goods produced and services provided in a country during one year. When it comes to services of country, the major part of any country lies on it's tourism industry, if country has best destinations for visitors so it can play massive role in rise of the economy of every country. It has also been seen that some countries have less GDP despite of having large population and some have fewer population and large GDP. Not to forget that no country can become rich overnight actually hard work is needed from both of nation and as well as government. Here we are mentioned the detail about the top 10 richest countries in the world.

10.Kuwait

  One of the richest country all over the World Kuwait is located in Western Asia that considers one of the employment provider nations in the World reason why people move to find out the work at heavy cost. It's capital Kuwait city thought to be one of the finest visiting point in the country just because of it's industrial areas,official and beautiful buildings and other resorts.
The currency name of Kuwait is Kuwaiti dinar. The population of Kuwait is 4,099,932. The source of income in Kuwait is oil as it is the 6th largest country of the World that is producing oil. The GDP rate of Kuwait is 43,898 dollars as per capita.

9.Switzerland

  One of the most beautiful and well develop country in the world Switzerland Officially known as the Swiss confederation based on population of 8,211,700 (September 2014 estimate). Switzerland is the top 9th country of the World 2016 and better known for it's city Bern or Bern which though to be most attractions destination. The currency name of Switzerland of Swiss Frac. Switzerland is dependent of tourists, agriculture as well as large number of industries. The capital of Switzerland remains top for those who are looking for best place to enjoy their honeymoon as well considers best point that helps generating most romantic and luxurious moments for couples. As per capita the GDP rate is 45,290 dollars.

8.United Arab Emirates

  UAE which is abrreviation of United Arab Emirates is the 8th richest country in the World. Southeastern country at end of the Arabian Peninsula on the Persian gulf, United Arab Emirates which also offers employments to so many foreigners as has a large number of industries as well business points. United Arab Emirates is based on the most renowned lands as Umm al-Quwain, Fujairah, Sharjah, Aajman, Ras al-Khaimah and Abu Dhabi.The capital city of UAE is Abu Dhabi. It also the richest country founded in the subcontinent of Asia. The population of UAE is 54,739,999 and according to capita the GDP of UAE is 48,803 dollars. Natural gas, oil dried fish and as well dates are sources of income in UAE.

7.United States of America

 United States of America required no introduction due to it's popularity in the World.It is considered the hub of technology and researches. It is the 7th richest country of the World. United States is the World's largest economy. The capital city of USA is Washington DC which is most famous place in the World. The New York stock exchange is one of the largest stock exchange markets for foreign investments. It has huge population as 317,612,400 and huge number of people came across the world. The currency name of USA as all know US dollar and according to capita the GDP rate of USA is 49,902 dollars. The income of source is strong economy and it is also known as one of the largest production nation of the World.

6.Brunei

  Brunei is the 6th richest country in the World. This country is also known as Brunei Darussalam and holding strong identity all over the World just because of it's strong wealth that contains $ 25.225 billion lies on 2015 estimation. It is also famous for the export of crude oil and natural gas with revenues from the petroleum sector according for over half of GDP. The capital of Brunei is Bandar Seri Bagewan. The population of Brunei is around 415,817. There is sultanate system in Brunei and majority of nation is considered on Muslims. The GDP rate as per capita is not very different from Hong Kong, as it has 50,608 dollars. The currency name od Brunei is Brunei dollar. 

5.Hong Kong

   Hong Kong is the 5th richest country in the World. Hong Kong on fifth rank in the top of the richest countries of the world 2016 with it's strong economical position as the industry of the territory is playing major role in development as well considers major trading point. It is once again Asian country that has been titled richest in the World. The population of Hong Kong is approximately is 7,184,090. As per capita the GDP rate of Hong Kong is 50,708 dollars. This state is also known as largest destination for France and located next to China.

4.Norway

  Norway is the 4th richest country in the World. Norway has the World's largest foreign wealth fund.Norway is a home to abundant natural resources including petroleum, exploration and production. The official name of Norway is Kingdom of Norway which is located in Europe. It has been said that it is the place of hardworking and determined people and job placements can be found easily in Norway. Government of Norway paid especial attention for making economy strong. The currency of Norway is Norwegian Krone and the capital of Norway is Oslo. The GDP rate of Norway is 55,300 dollars. The main sources of income in Norway are export of lubricants and natural gas. The borders of Norway are connected with Russia, Finland as well as Sweden.

3.Singapore

  Singapore is the 3rd richest country of the World. It has one of the most richest Asian country in the World. The country earns a huge amount because it is the home for FD inflow the investors  find the country relevant to invest because it has attractive investment climate and most importantly stable political environment.The complete name of Singapore is republic Singapore. It is the small country the past of Singapore was not good as it is today the reason behind it they work hard and made some out standing policies to make their country developed and prosperous so due to this today it is ranked 3rd richest country of the World. The population of Singapore is about 5,500,100 and the GDP rate of Singapore as per capita is 61,046 US dollars.The currency name of Singapore is Singapore dollar. The economic system of Singapore is so powerful in the World therefore, it is 3rd ranked in the World.

2.Luxembourg

  The Luxembourg is the 2nd richest country in Europe in the World. Luxembourg  is an European country which is found between Belgium, Germany and as well as France. The income of the country is largely dependent on banking, steel and industrial sectors. The nation is seen diversified industrialized nation. It is the Green heart of Europe, and one of the richest European countries. The population of Luxembourg is 537,900 and the GDP rate of Luxembourg is 80,689 US dollars. The currency name of Luxembourg is Euro. The concept of unemployment in Luxembourg is almost to zero therefore people wants to have stay in Luxembourg. The reason of richness of Luxembourg is World largest iron and as well steel companies. It is also the country where no tax is being charged. The statistical says that huge number of international billionaires love to reside here because they don't have to to pay tax, therefore approximately one third population of Luxembourg is considered on foreigners.

1.Qatar

  Standing on 1st position in the World is ''QATAR''. The state of Qatar is the richest country of the World which is located at West of Asia. It is a small country located at Persian Gulf and it's South border is connected with Saudi Arabia.This country is know for it's petroleum and Liquefied gas that account for more than 70% of the government revenues , more than 60% of the GDP and roughly 85% of export earnings. Oil has given Qatar a per capita GDP that ranks among the highest in the World. It has a large natural gas reserve that makes the country rich in natural resources. According to recent surveyed the population of state of Qatar is 2,035,140. The climate of state of Qatar is normally remained hot the maximum remains around 30 and minimum is 13. The currency name of Qatar is Riyal. In 1892 oil in huge amount was discovered in Qatar and since then it has been become source of income for living people in Qatar. One of the reasons of prosperous Qatar is extraordinary educational system, therefore the literacy rate is really low in Qatar. The rate of GDP as per capital in Qatar is 102,767 dollars and this is very high rate therefor there is no competitor of state of Qatar yet. State of Qatar is completely relying on lubricants and oil.90% income come from export of oil in other countries. There is not income or any kind of tax is being charged by the nation of Qatar.

                                                          Published by: JuttJamesbod