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Richest Economies of World
There are two possible answers to the question of what are the richest countries in the world.
We could say that the richest economies are those that are the largest, as measured by Gross Domestic Product or GDP. This might be a good proxy for what are the richest governments.
However the most commonly accepted definition of being rich by economists is to look at how rich the average resident of a country is.
That is normally measured by looking at GDP Per Capita, which looks at total economic activity and divides that by the number of residents of a country.
The following data table is taken from the GDP Per Capita report from our Economic Statistics Database, for the year 2008, in current US dollars, using IMF data.
GDP* Per capita
| Country | GDP Per Capita, 2008, US Dollars |
| Liechtenstein | $118,000 |
| Qatar | $103,500 |
| Luxembourg | $81,100 |
| Bermuda | $69,900 |
| Kuwait | $57,400 |
| Jersey | $57,000 |
| Norway | $55,200 |
| Brunei | $53,100 |
| Singapore | $52,000 |
| United States | $47,000 |
Source: Economic Statistics Database, from EconomyWatch.com
The Wealthiest Nations
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