Who Is The Richest Country In The World
Olivia Luz
Here it is the lucky wealthy last.
That will rival powerhouses like germany and the united kingdom each with private wealth near the 11 trillion mark. The findings are based on the gross domestic product values of the countries. Brazil is the largest and most populous nation in latin america. 1 85 trillion brazil gdp ppp.
With its inflation rate at only 1 1 its wealth is also extremely stable. According to the world economic forum the major factor for luxembourg s high gdp is the large number of people working in this tiny landlocked nation while residing in the neighbouring western european countries. The gdp is calculated by dividing the country s total gdp by the population size and from there you ll end up with the gdp value per capita within a country. Top 50 richest countries in the world.
The european country of luxembourg has been classified and defined as the wealthiest country in the world. Of course the key indicator is the gdp per capita a total value of goods and services produced by a nation during a year divided by its total population. How to determine how rich a country is and compare it with the others. Known for high income levels and a low unemployment rate luxemburg is the richest country in the world.
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Qatar is a small country on the arabian peninsula. Qatar is located in south west asia. 129 726 the richest nation in the world. The richest country in the world by gdp per capita is luxembourg.
From its castles to view and feel of the countryside luxembourg s specialities lie in both gastronomy and cultural festivals. The richest country in the world is qatar a small nation that enjoys the economic benefits of vast petroleum reserves. Now qatar is the richest country in the world. This country ranks numero uno as it has a well developed petroleum industry which constitutes70 of the government revenues and 85 of its export earnings.
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