Switzerland, Macao, Qatar, Ireland, and Singapore, in that order, top the list of the world’s wealthiest countries, with Luxembourg leading the list as the majority of small territories.
The Product Interior Bruto (PIB), PIB per capita, or Gross National Income (RNB) are always included, which makes the classification different. Various wealth indicators can be taken into account in order to compile the list, in one way or another.
These are the wealthiest countries in the world.
¿Cómo determinar la fortuna?
In that country, an individual earns the average salary which may not necessarily correspond to the per capita GDP, but it allows for the classification of countries based on their wealth and comparison of them, the most common practice is to calculate it using the per capita GDP.
Normalmente, se utiliza este indicador para comparar y ver la salud financiera general de países más ricos y grandes, es la forma más justa de calcular a través del PIB de un país.
For instance, as stated by the International Monetary Fund (IMF), the top ten richest countries in the world are as listed below:
However, this list by Global Finance, where small countries surpass the major powers, bears no resemblance.
Why do small countries top the list?
This has an explanation. It is quite surprising that Ireland or Luxembourg are ahead of China or the United States. Surely, we all wonder about this question.
Although it may not contribute to the wealth of the country when divided by GDP, it means that it does what it does best. Luxembourg, which has a high proportion of cross-border workers, also leads the way. Switzerland, Ireland, and Luxembourg are considered tax havens by the tax rules of the governments that benefit foreign companies.
This happens to Luxembourg, Switzerland, and Singapore. They attract foreign investment and professional talent with which sophisticated tax regimes and financial sectors are structured, placing these countries at the forefront. Another point.
Others like Qatar, Brunei, and the United Arab Emirates have significant reserves of hydrocarbons and other lucrative natural resources.