Top 10 Richest Countries In The World 2018 – Kinmass magazine

Top 10 Richest Countries In The World 2018

In order to determine the top 10 richest countries in 2018, you must first know what GDP per capita is at nominal values. GDP is defined as the value of all final goods and services produced within the country in a given year and converted at the market rate to the current US dollar, divided by the average mid-year population for the same year. Therefore, to determine the amount of gross domestic product for the richest countries in 2018, you should use data for the past year. Here, the richest 10 countries in the world in 2018 according to the International Monetary Fund (IMF).

10. Iceland
$ 50 and $ 855

Iceland is a state located on the North Island and is popular in the dramatic scene with volcanoes, heaters, hot springs and volcanic fields. As of 2013, Iceland’s total population is 323,002, with an unemployment rate of $ 4.3 in 2015 and a life expectancy of 82.92 years in 2012. Iceland’s economy is small and subject to high volatility. In 2011, GDP reached the US $ 12.3 billion. However, the financial crisis in 2007-2010 led to a decline in GDP and employment, although the size of this decline is still different. Iceland, on the other hand, has a mixed economy with high levels of free trade and government intervention. However, government consumption is lower than in other Nordic countries. Geothermal energy is the main source of household and mechanical energy in Iceland.

Best Richest Countries Iceland

9. Australia
$ 50962

Australia is a country and continent surrounded by the Indian Ocean and the Pacific. Its main cities are Sydney, Brisbane, Melbourne, Perth, Adelaide and are located in coastal areas. Its capital is Canberra Interior. This country is famous for the Sydney Opera House, the Great Barrier Reef, a vast inland desert wilderness called remote areas, and unique animal species such as kangaroos and platypus that carry the duck. Australia’s population is 23.13 million in 2013, with GDP of US $ 1.56 trillion and 82.10 years of life expectancy. Australia’s economy is one of the largest mixed market economies in the world. In 2012, this was the second largest national economy with nominal GDP and 17 times larger GDP measured by purchasing power parity (PPP) at 1.7% of the world economy. Its economy is dominated by its services sector, which accounts for 68% of GDP. Australia is a member of APEC, G20, OECD, and WTO and has entered into free trade agreements with ASEAN.

Best Richest CountriesAustralia

8. Ireland
$ 51,351

The Republic of Ireland occupies most of Ireland, off the coast of England and Wales. Dublin is its capital and the birthplace of such a book as Oscar Wilde and the Guinness House. Emerald Island: For the lush landscape, the country is dotted with castles like the medieval fortress of Caher, with a combined population of 4.595 million as recorded in 2013, with a GDP of $ 232.1 billion and with national income The total of US $ 180.4 billion The economy of Ireland is a modern knowledge economy, which focuses on services and high-tech industries and is dependent on trade, industry, and investment. In terms of GDP per capita, Ireland is classified as one of the richest countries in the OECD (EUC) and the European Union 27 ranked fifth in the OECD-28 rankings as of 2008. In 2005, a study by The Economist found that Ireland has the best quality of life in the world. From 1995 to 2007, the period of economic growth was extremely high and recorded the highest rates of growth in Europe, prompting many to name the country Celtic Tiger.

Dublin, Ireland Ireland

7. Denmark
$ 52,114

Denmark is a Scandinavian country that includes the Gotland Peninsula and many islands. It is connected to nearby Sweden via the Oresund Bridge. Copenhagen is its capital and home to high places, the picturesque harbor of Nehoven, Tivoli amusement park and the beautiful Little Mermaid statue. The total population of Denmark is 5.614 million in 2013, with an unemployment rate of 6.3% in April 2015 and a domestic product of US $ 335.9 billion in 2013. As for the economy, Denmark has a diverse and mixed economy. Depends heavily on human resources, but not exclusively where there are some important natural resources and value available in the country including mature oil and gas wells in the North Sea. Similarly, cooperatives form a large part of some sectors, both in residential agriculture and in retail. Denmark’s modern market economy is characterized by high-tech agriculture, a small enterprise-wide industry, extensive government welfare measures, comfortable living standards and a strong dependence on foreign trade.

Best Richest Countries Denmark

6. Singapore
$ 52,888

Singapore is a city located on an island off South Malaysia, a global financial hub with a tropical climate and multicultural population. Its colonial center is centered on Padang, a cricket ground since 1839s and is now surrounded by major buildings such as City Hall, with it’s 18 Corinthian columns. Chinatown is located in Chinatown in 1820 in the Tooth Relic Buddha Museum of Red and Gold, which is said to have one of Buddha’s teeth. Singapore’s total population is 5.399 million in 2013, with a gross domestic product of US $ 297.9 billion in 2013 and a life expectancy of 82.14 years in 2012. Singapore has a highly developed market economy. Singapore’s economy has been rated as the most open in the world, with the least corrupt, most pro-business figure, with low tax rates and the third highest GDP per capita in the world. Its economy is a major financier of the flow of foreign direct investment in the world.

Best Richest Countries Singapore

5. United States
$ 55805

The United States is a country of 50 states covering a vast area of North America with Alaska in the northwest and Hawaii to expand the nation’s presence in the Pacific Ocean. New York is the main Atlantic Coast City, a global center of finance, culture, and capital of Washington DC. Westwest Chicago is famous for its influential architecture and on the west coast of Los Angeles. Hollywood is famous for its film industry. The total population in the United States is 316.5 million in 2013, while its gross domestic product is 16.77 trillion and the gross domestic product (GNI) is 16.99 trillion. The United States is the world’s largest national economy in nominal terms and the second largest in terms of purchasing power parity. The United States has abundant natural resources, advanced infrastructure, and high productivity. It is also the world’s largest producer of oil and natural gas. And also one of the largest trading countries in the world. Similarly, it is one of the largest and most influential financial markets in the world.

Best Richest CountriesUnited States of America

4. Norway
$ 74,822

Norway almost got the top 3 this year. It is a Scandinavian country with mountains, glaciers and deep coastal valleys. Oslo, the capital, is a city of green spaces and museums. The Viking ships of the ninth century were preserved and displayed at the Viking Ship Museum in Oslo. Bergen, with colorful wooden houses, is the starting point for cruises to the exciting Sognefjord. It is also famous for fishing, hiking, and skiing. Norway’s total population is 5.084 million in 2013, with GDP of US $ 512.6 billion in 2013 and a low unemployment rate of 4.1% in 2015. Norway’s economy is mixed and developed with state ownership in strategic areas. Despite the sensitivity of global business cycles, Norway’s economy has shown strong growth since the beginning of the industrial age.

Best Richest CountriesNorway

3. Qatar
$ 76,576

Qatar is an Arab country and a peninsula with arid desert and a long coastline from the Arabian Gulf of beaches and sand dunes. Also on the capital coast, Doha, known as the future skyscrapers and very modern architecture inspired by the old Islamic design, such as the Limestone Museum of Islamic Art. This museum is located on the waterfront promenade of the Corniche. Qatar’s total population is 2.169 million in 2013, with a gross domestic product of US $ 203.2 billion in the same year and an average life expectancy of 78.45 years in 2012 data. Oil and LNG represent the cornerstone of Qatar’s economy and represent more than 70% Total government revenue. Qatar is now the richest country in the world.

Best Richest CountriesQatar

2. Switzerland
$ 80, 675

Switzerland is a mountainous country in Central Europe, home to many lakes, villages and high peaks of the Alps. Its towns include old neighborhoods with sights such as the Zytglogge Clock Tower in Berne and the Lucerne wooden bridge. The country is also famous for its ski resorts and hiking trails. Banking and finance are major industries, Swiss watches and chocolates are internationally known. Switzerland has a population of 8.081 million in 2013, with a GDP of US $ 685.4 billion in the same year and a life expectancy of 82.70 as recorded in 2012. Switzerland’s economy is one of the world’s most stable economies. Its policy of long-term monetary security and political stability has made Switzerland a haven for investors, creating an economy increasingly dependent on the continued tide of foreign investment. Because of the small size of the country and its high specialization in labor, industry and trade are the keys to economic livelihoods in Switzerland.

Best Richest Countries Switzerland

1. Luxembourg
$ 101,994

Luxembourg is a small European country, surrounded by Belgium, France, and Germany. Mostly rural, with dense Ardennes forests and natural parks in the north, rocky valleys in the Muellerthal area in the east and the Moselle valley in the south-east. Its capital, the city of Luxembourg, is famous for its medieval fortified town that sits on rocky slopes. The total population of Luxembourg was 543,220 people in 2013, with a GDP of US $ 60.13 billion in the same year and an unemployment rate of 5.7% in 2015. Luxembourg’s economy is largely dependent on the bank.

Best Richest CountriesLuxemborg 

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