;

© 2024, design with by 7awi Media Group

Qatar and UAE Rank Among World's Top 10 Richest Countries!

  • Publish date: Tuesday، 07 May 2024
Qatar and UAE Rank Among World's Top 10 Richest Countries!

Qatar and the United Arab Emirates have made it to the top 10 list of the world's richest countries, according to Global Finance magazine.

Read More: Where to Go in Qatar When You Are Depressed

Read More: Old Photographs of Qatar

Qatar holds the fifth spot due to its vast natural gas and oil resources, providing one of the highest per capita incomes globally. Despite challenges like declining oil prices in recent years, Qatar's economic growth has been consistent.

Qatar and UAE Rank Among World's Top 10 Richest Countries!

Read More: The Highest Fines in Qatar, Dubai, and Other Countries

Meanwhile, the UAE ranks sixth, thanks to its diverse economy that includes major industries such as tourism, construction, trade, and finance. The country has shown resilience in the face of challenges like the pandemic and fluctuating energy prices.

Qatar and UAE Rank Among World's Top 10 Richest Countries!

Both countries have proven their economic strength and continue to play vital roles in the global economy.

Here is the list of the top 10 richest countries according to Global Finance magazine:

Country / GDP-PPP per Capita

1. Luxembourg – $143,743

2. Macao SAR – $134,141

3. Ireland – $133,895

4. Singapore – $133,737

5. Qatar – $112,283

6. United Arab Emirates – $96,846

7. Switzerland – $91,932

8. San Marino – $86,989

9. United States – $85,373

10. Norway – $82,832

This article was previously published on qatarmoments.To see the original article, click here

Follow us on our Whatsapp channel for latest news
 

Related videos

Related articles