Qatar has been ranked as the world's richest country per capita in a new list compiled by US-based Forbes magazine. Blessed with the third-largest natural gas reserves in the world, the Arab Gulf emirate of 1.7 million people is benefitting from a rebound in oil prices. Adjusted for purchasing power (PPP), Qatar has an estimated gross domestic product per capita of $88,222.
The second place on the list is Luxembourg, with a per capita GDP on a purchasing-power parity (PPP) basis of $81,466
Technology, manufacturing and finance hub Singapore is ranked third on the list. The country’s GDP (PPP) per capita is $56,694 (estimated from 2009).
At No.4, with a GDP (PPP) per capita of $51,959 (estimated from 2009) is Norway.
Oil-rich Brunei (ranked at No.5) has a GDP (PPP) per capita of $48,333.
UAE oil reserves are ranked as the world's sixth-largest[ and it possesses one of the most developed economies in West Asia. The country’s GDP (PPP) per capita is $47,439
With a GDP (PPP) per capita of $46,860, US is ranked at No.7 on the Forbes list.
Hong Kong dollar, is the eighth most traded currency in the world. Hong Kong has a GDP (PPP) per capita of $45,944.
Switzerland is one of the richest countries in the world by per capita gross domestic product [GDP (PPP) per capita $41,950
The Netherlands was one of the world’s first countries to have an elected parliament. And the benefits of democracy seem to be reaching its citizens. Its GDP (PPP) per capita is $40,973.
Australia ranks highly in many international comparisons of national performance, such as quality of life, health, education, economic freedom, and the protection of civil liberties and political rights. [GDP (PPP) per capita: $39,764
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