Top 13 Richest Countries In The World 2018

Many developed countries in the world become the richest country but fail to make the wealth is evenly distributed to all levels of society, one of which is caused by economic factors.

Economics determines how much wealth and power a country in the eyes of the world. The stronger the economy the richer the country becomes.

In developing the economy, a country relies on certain sectors, such as oil and natural gas, the automotive industry, mining, services, technology, science, etc.

Countries that have a good economy usually productivity is very high, they not only produce for the needs of local communities but also for the global market.

They export goods to other countries which then the result will increase the country's foreign exchange and improve the economy. Here we will discuss 13 richest countries in the world 2018.

13. Saudi Arabia

Saudi Arabia is famous for its abundant oil. The country has a GDP per capita of $51,924 mainly due to government policies that focus heavily on financial activities. Saudi Arabia is also among the largest oil exporters in the world.

The country has huge oil reserves. Saudi Arabia was formed in 1932, and fulfills 17% of world oil demand in 2015, for a total value of $133.3 million. The size of this country is almost the same as Alaska.

Yet the country is still lacking in the production and service sectors (other than oil extraction). Saudi Arabia has a monarchical autocracy and has the fourth largest military spending in the world.

12. United States America (USA)

Although the USA has the world's largest population of 310 million, the country managed to keep its economy. GDP USA reached $53,530 per capita. This is because the country's automotive industry is so large that its income is high.

In addition to this country, there is also a famous technology industry located in Silicon Valley. Like Microsoft, Intel, Dell, Apple, etc.

The United States is a highly developed country with 33.4% of the world's total wealth. The United States is very good at developing wages, human development, and human productivity. The United States is also a global leader in science and technology.

11. Switzerland

Many celebrities and big companies are known to have accounts in Swiss. This is because Switzerland is famous for its efficient banking system. They have excess money used to invest. Swiss GDP reached $57,835 per capita.

Switzerland has several big companies that support the economy like Glencore, Gunvor, Nestlé, Novartis, Hoffmann-La Roche, ABB, Mercuria Energy Group and Adecco. Switzerland is a country with the strongest economy in the world. The most important economic sector is manufacturing.

Most of its manufacturing consists of the production of chemicals, pharmaceuticals and pharmaceuticals and scientific measuring instruments and musical instruments.

10. San Marino

San Marino has a capita income of $64,443. The country lies on the Italian peninsula on the northeast side of the Apennine mountains. What is interesting about this country is that it is one of the oldest republics still standing today.

In addition, this country becomes the smallest country in the world with its food called Torta Tre Monte (Cake Three Tower), this cake is coated with wafer and covered full of chocolate.

San Marino has a stable economy, with low cost of living and unemployment. The country already has a lot of experience in managing the economy and using the latest innovations in developing its country.

The number of vehicles in this country is more than enough. The economy of San Marino depends on the financial sector such as banking and tourism. San Marino is ranked fifth with the smallest region in the world but rich.

9. Norway

This country is a major exporter of crude oil and ready-to-use oil. Total GDP of this country reached $64.856 per capita. This country is included in Scandinavia with high mountains, sprawling beaches, ice sheets and beautiful scenery.

The economy in Norway is increasing year by year and now has high GDP with its key sectors of capital, natural resources, oil and natural gas.

Norway is also very good at developing innovation and human resources. Hope creates a prosperous life and many jobs have been developed to become one of the richest countries in the world.

8. (UAE) The United Arab Emirates

The UAE contributes greatly to the world economy because of its revenue from oil and telecommunications sales. UAE GDP reached $67.674 per capita.

UEA is famous for its sumptuous tourist destinations especially if it is not Dubai. Dubai is one proof that Travelers can affect the world economy. The country relies on its large oil and gas reserves.

Make Dubai a rich country with a GDP of $67,696. The job field here is very much, anyone can get a job easily.

In Dubai there is also the tallest building in the world named Burj Khalifa with a height reaching 828 meters.

7.  Ireland

Ireland or often referred to as “saint land and students”. The country's revenue is $69,374. The interesting thing about this country is that most Nobel prizes in literature in the world. Dublin City in Ireland was appointed as UNESCO City of Literature in 2010.

Financial experts say that Ireland has a high level of prosperity. The population of Ireland is about 5 million. Many people in this country have a lavish and extravagant lifestyle habits, in financing their needs relying on the business, mining, food and finance sectors.

The example of a leading company in this country is Celtic Tiger, Which is the center of tourism that most boosts the economy in Ireland.

6. Brunei Darussalam

Like Saudi Arabia, Brunei is also a major exporter of oil and natural gas. The country's GDP of $71,185, besides its government, has a good policy in regulating and realizing welfare.

Brunei is a small country in Southeast Asia but richer than its neighbors. Various types of Real Estate become the attraction for tourists with culture and beautiful scenery.

Development of human resources, low cost of living and open business cooperation has been applied in this country so it has a good economy.

The Kuwaiti Dinar is the world's largest exchange rate and the country is also the largest oil exporter. The country's GDP is $73,245 per capita.

5. Kuwait

Kuwait is also the 6th largest oil exporter in the world. The economy of this country depends on several sectors such as shipping, oil, water, and banks. Kuwait has the largest human development among other exporting countries.

And many people move here at high cost just want to know how the country is and get a guaranteed future. Kuwait has become one of the top holiday destinations because of its beautiful buildings and excellent tourist spots.

4. Singapore

The economy in Singapore is increasing rapidly making it the richest country in the world, with total GDP of $ 82,793 per capita. The main sector of the country is financial services.

Singapore has a low cost of living and is known to have the most attractive, free and profitable business investor. The country has low levels of corruption and product innovation. The country is also inhabited by various races and product exhibitions that are very helpful to market its products.

The goal is to attract tourists on holiday to Singapore, such as artificial trees or underwater tours. The economy in Singapore depends on several sectors such as tourism and banking.

3. Macau

Macau has 96,147 GPUs per capita. What's interesting about this country is that it can make 7 times more money than Las Vegas in a year. The country is famous for its legal gambling and is in China territory.

Macau is one of the richest countries in China that relies on the tourism sector, especially gambling. The number of unemployed in Macau is very low and has qualified human resources.

2. Luxemburg

A person's income in Luxemburg can reach 9 times the income of ordinary people in the world due to the extraordinary financial sector. Not surprisingly, per capita income reached $ 97.662.

Luxemburg has a variety of business sectors such as chemical and steel The unemployment rate in this country is also very low. This country is also very liked by tourists because of its beautiful scenery.

1. Qatar

Qatar became the 1st richest country in the world with GDP reaching $ 140,649 per capita. The country has a stable and industrial oil industry such as urea, steel, salt compost, etc.

With Qatar's rich wealth, it will facilitate FIFA 2022. The country's biggest asset is its oil and natural gas reserves which make its economy grow rapidly.

Formerly this country focused on pearl business, but after Japan found a way to produce pearls more efficiently and market it in Qatar's pearl business began to collapse.

Until 1940 oil was discovered in Dukhan which made Qatar's economy rise dramatically. The unemployment rate in Qatar is only 0.1% and the community has a high standard of living.

Qatar does not charge taxes for everyone except for goods that endanger human health, like junk food, tobacco, and soft drinks.