2. Liechtenstein: Liechtenstein is a tiny European country located between Switzerland and Austria with a population of just 35,000 people. Despite being a small country with limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized and free-enterprise economy with a vibrant financial service sector.  The Liechtenstein economy depends on various and large number of small businesses. The country has low business taxes with the maximum tax rate of 20 percent and many holding companies with established nominal offices provide 30 percent of state revenues. Liechtenstein has also been a member of the European Economic Area since May 1995.

3. Brunei: Brunei is located in the border of Malaysia. It is a small country with a wealthy economy that is a mixture of foreign and domestic entrepreneurship, welfare measures, government regulation, and village tradition. Brunei generates a good deal of its revenues from the export of crude oil and natural gas.  The country has a high GDP per capita and it also has substantial income from overseas investment supplements and from domestic production too. The government of the country provides all medical services along with food and housing. It has also diversified from the economies of oil and gas.  Japan, Indonesia and Australia are its three biggest trading partners.

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