Countries with the Highest GDP Per Capita in the World


BANGALORE: Gross domestic product is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often considered as an indicator of a country's standard of living. With changing economies and priorities, the change is evident in various countries. Let us have a look at the nations with highest GDP per capita as listed by International Monetary Fund.

#1 Qatar- GDP Per Capita: $98,814: The prosperity of Qatar is because of its wealth in the form of oil. Qatar is the 3rd largest oil reserve of the world. It holds more migrant residents than the original citizens. With a desire to gain money and improved lifestyle many people tend to go there. Qatar is a country with lowest unemployment rate and has the World’s highest per-capita income country; all this because of its oil and gas resources.

The country is preparing itself for 2022 World Cup, and is coming up with new construction of ports, roads, metro, stadiums and several other sports related infrastructure.

#2 Luxembourg- GDP Per Capita: $78,670: Luxembourg is a small country with stable and high income economy. Due to its closeness to France, Belgium and Germany, it has a healthy growth with low inflation and low unemployment rate. The economy depends on foreign and cross border workers in the industrial area. Luxembourg has an amazing high standard of living and the GDP per capita is the highest in the euro zone.

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