What Are the Richest Countries in the World?

Per capita income: $56,000

Saudis may lose their place among the top 10 wealthiest countries soon, as the International Monetary Fund (IMF) predicted in October that the kingdom may run out of the financial assets needed to support spending within five years, if the oil price stays at its current weak levels.

9. Switzerland

Per capita income: $56,000

The producer of chocolate bars and luxury watches is one of the world’s richest economies. Its policy of long-term monetary security and political stability has helped it remain the biggest center for global offshore wealth.

Over a year ago, Switzerland’s central bank shocked financial markets by abandoning the cap of 1.20 francs per euro it had defended for three years to shield its economy from the pain of an overvalued currency. In December 2014, the Swiss central bank introduced sub-zero interest rates in an effort to make the safe haven franc less attractive.

8. United States of America

Per capita income: $57,000

The United States is the world’s largest economy with gross domestic product (GDP) estimated at $17.914 trillion as of mid-2015.

The U.S. is currently the world’s largest producer of oil and natural gas. It is one of the largest trading nations in the world, as well as the world’s second-largest manufacturer. It hosts the New York Stock Exchange, the world’s largest stock exchange by market capitalization.

The United States has a total population of 322 million, making it the third most populous country in the world after China and India.

7. United Arab Emirates

Per capita income: $68,000

The United Arab Emirates (U.A.E.) economy is the second-largest in the Arab world after Saudi Arabia, with a GDP of $570 billion in 2014. It is extremely reliant on oil, with more than 85% of its economy based on the oil exports.

6. Norway

Per capita income: $68,000

Norway has the world’s largest sovereign wealth fund.

Much of Norway’s economic growth has been fueled by an abundance of natural resources, including petroleum exploration and production, hydroelectric power, and fisheries.

With a population of more than five million, the country has a very high standard of living, compared with other European countries, and a strongly integrated welfare system.

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