TOP 5 RICHEST COUNTRIES IN THE WORLD

TOP 5 RICHEST COUNTRIES IN THE WORLD

The top richest countries on the list are neither the United States of America nor the Great Britain. The countries that are the wealthiest are as follows:

1.    Qatar –

In 2018, it is still disputed whether Qatar should be regarded as a constitutional or an absolute monarchy. It is the first richest country on the planet which possesses one of the world’s greatest airways, that is Qatar Airways. The GDP per capita of Qatar is One Hundred Twenty Thousand Nine Hundred Thirty Dollars according to International Monetary Fund. The economy of Qatar is primarily based upon oil exploration and petroleum sector. FIFA world cup in 2022 is confirmed to be organised in Qatar. As Qatar prepares for the 2022 World Cup, Doha is saturated with a massive number of construction projects and economic activity. It had GDP of 60,940 in 2017. As a result, in Q1 the GDP has grown 1.4% compared to the same period in 2017 due to an increase in construction activity.

Saad Sherida Al Kaabi popularly known as CEO of Qatar Petroleum is one of the top richest person from Qatar. It is the safest country where it is less likely for a natural disaster to strike ans is also one of the four countries with no forest. Qatar has a wealth of beauty and culture to offer people visiting from all over the world that includes Katara Mosque, State Grand Mosque, the Doha Desert and Al-Zubarah Fortress etc. The current population of Qatar is 2,696,082 as of Friday, July 13, 2018, based on the latest United Nations estimates. According to the World Economic Forum’s travel and tourism competitiveness report 2017, Qatar is ranked 10^th safest country in the world and it has the seventh lowest crime rate in the world, according to the 2017 Global Crime Index.

2.    Macau –

Macau is a special administrative region of China which is also known as Vegas of China and is indeed a mecca of gambling.  The Gross Domestic Product (GDP) per capita is One Hundred Fourteen Thousand Four Hundred Thirty Dollars. Its economy is mostly based on gambling, tourism and garment manufacturing.  Since opening up its locally-controlled casino industry to foreign competition in 2001, Macau has attracted tens of billions of dollars in foreign investment, transforming the territory into one of the world's largest gaming centers. Although Macau receives 30 million visitors a year, 90% of them come from China and 70% from mainland China.

In Casinos, the gamblers are offered tea instead of alcohol. It has eight of the top ten largest casinos in the world with the number one spot taken by The Venetian  the second largest casino in the world is The city of dreams which is also in Macau.

It has population of 632,418. The places such as Ruins of St Paul’s, Senado Square attracts the tourists. Stanley Ho is popularly known as the Godfather of Macau casinos. He stepped down from his flagship casino empire this year. Macau is a safe and a non-violent country. It was a portugese colony for about 400 years. It became the first colony of a European empire in the far East and it was the last remaining colony in Asia until 1999.

3.    Luxembourg –

It is one of the three official capitals of the European Union and the seat of European Court of Justice, the highest judicial authority in the EU. It is one of the smallest sovereign states in Europe and and one of the smallest countries in the world. Its Gross Domestic product per capita is One Hundred Nine Thousand One Hundred Ninety Dollars. Luxembourg's economy expanded 2.0 percent on quarter in the three months to March of 2018 that was mainly boosted by fixed investment which advanced 6.4 percent. It has moderate growth rate but very low inflation rate. The unemployment rate in Luxembourg is one of the lowest in the world. Luxembourg's prosperity was formerly based on steel manufacturing. With the decline of that industry, Luxembourg diversified and is now best known for its status as Europe's most powerful investment management centre.

It has a small population of 590,574. The general crime rate is well below the U.S. national average. The restaurant with the world’s largest wine list is in Luxembourg. Nearly half of the Luxembourg’s workforce commutes to work in Luxembourg from another. The old quarter, luxembourg city and National Museum of history, Art in the Luxembourg city and the bock and city casements are the tourist attractions in Luxembourg. Luxembourg is a safe, modernized country with infrastructure, services, and amenities similar to those found in the U.S.

4.    Singapore –

The Singapore Economy grew 4.3% in Q1 of 2018 on the back of strong manufacturing growth according to Ministry of Trade and Industry. The economy has expanded by 4.4% on a year-on-year basis in the first quarter of this year, faster than the 3.6% in the previous three month, with the manufacturing as its strongest growth sector. Its GDP per capita is Ninety Thousand Five Hundred Thirty Dollars. It is rightly called the global commerce hub.

It is third largest in the oil refining. It has the highest number of millionaires in the world. Robert and Phillip are the richest men in Singapore. It is becoming one of Asia’s hit list destinations. Gardens by the Bay attracts, Asian Civilisation Museum attracts the tourists. It has population of 5,791,901.

It is multiracial and multicultural country with ethnic chinses, Malays and ethnic Indians. Singapore’s crime rate is so low that many shops don’t even lock up as Starbucks located in Raffles Place, one of the Singapore’s busiest train stations has no formal doors. Nearly 9 out of 10 Singaporeans live in public housing. Buildings in Singapore cannot be higher than 280 metres. There are presently three buildings of that height: OUB Centre, UOB Plaza and Republic Plaza. So, Singapore is a safe country to visit.

5.    Brunei –

Brunei, officially the nation of Brunei, the abode of Peace is a sovereign state located on the north coast of the Island of Borneo in Southeast Asia. Its GDP per capita is Seventy Six Thousand Seven Hundred Forty Dollars. In Brunei, about 97% of the population lives in the larger western part while only 10,000 people live in the mountainous eastern part. It has extremely high human lifestyle. The country has zero public debt and crude oil and gas contribute the maximum of the gross revenue.

Brunei's Sultan hassanal Bolkiah is the world's second longest-reigning current monarch after Queen Elizabeth II, and also one of the wealthiest in the world. The current population of  Brunei Darussalam is 434,292 as of Wednesday, July 18, 2018, based on the latest United Nations estimates that is equivalent to 0.01% of the total world population.

The highest point of the country is Bukit Pagon at 1,850 meters along the border with Malaysia.

Omar Saifuddein Mosque is an Islamic mosque locaed in Bandar Seri Begawan which is considered the most beautiful mosques in the Asia Pacific. Jerudong Park is the largest and most expensive amusement park in South East Asia, built and funded by the Bruneian government for $1 billion.

Violent crimes are rare, but they do occur in Brunei. Non-violent crimes include petty theft, residential/ vehicle burglary which carry severe penalties including jail, fines, or in the case of foreigners, deportation.