Jan 15, 2024, 07:21 AM IST

Wealthiest countries in the world

DNA WEB DESK

The wealth of a nation is often measured by its Gross Domestic Product (GDP), which represents the total value of goods and services produced within a country's borders. These rankings can change over time due to economic fluctuations and other factors.

Qatar

Qatar ranks among the world's wealthiest nations ghobally because of its high GDP per capita figures and vast oil and gas reserves.

Luxembourg

Luxembourg with its strong financial sector and robust tax policies has one of the highest GDP per capita figures.

Singapore

Singapore with its strategic location and robust economy is among the wealthiest nations in the world.

UAE

UAE with its economy diversified to banking, real estate and tourism beyond oil has turned among the wealthiest countries globally.

Switzerland

Switzerland, known for its high-performing banking sector, low unemployment and great standard of living, ranks among the wealthiest nations globally.

Norway

Norway is rich in oil, gas and other natural resources. It also has a sovereign wealth fund and high GDP per capita figures making it one amonf the wealthiest countries in the world.

United States of America

The US is the world's largest economy and has has remarkable wealth across various sectors.

Hong Kong

Hong Kong has a higly developed free-market economy making it one of the wealthiest nations in the world.