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Top 10 Wealthiest Country In The World ( Is Your Country No. 1 ) by PleaseDontBanMe: 12:31am On Dec 04, 2019
Here is the top 10 wealthiest country in the global world.As more wealth is created in the world, more of it is concentrated among the richest people in the countries.

The wealthiest 10 countries in the world tend to have complex and diverse economies. Many of these countries export goods and services from a variety of industries such as pharmaceuticals, biotechnology, and aerospace.
10. Hong Kong
Current International Dollars 66,517
A former British colony, this special administrative region of China is a gateway to the mainland and Asia’s top financial center. Ranked 4 among 190 economies in the World Bank’s Ease of Doing Business index thanks to its good infrastructure and many tax incentives, Hong Kong is an incredibly popular destination to launch a start-up, with foreigners allowed to own 100% of their businesses without any citizenship, residency or nationality requirements.

As a result, the island as a whole is extremely rich although according to government statistics one in five residents lives below the poverty line. Even so, Hong Kong is the city with the largest number of ultra high-net-worth individuals in the world (over 10,000 people with a net worth of at least $30 million).
9. Kuwait
Current International Dollars: 67,969
A lot of oil,Kuwait makes up about 8% of the world’s total reserves. The oil industry accounts today for nearly one-half of the country’s GDP and over 90% of its exports. With a population of approximately 4 million almost entirely concentrated in urban areas, this small state on the northern edge of the Persian Gulf is one of the Middle East's most advanced and democratic.

The country has since then taken steps to diversify its economy by allowing 100% foreign ownership in a number of sectors and offering various tax breaks to investors. Nevertheless, such changes take time to bear fruit. In the meantime, Kuwait's parliament passed yet another budget projecting a revenue shortfall for the current fiscal year: the fifth in a row.
8. United Arab Emirates
Current International Dollars: 70,474
Agriculture, fishing and trading pearls, these used to be the economic mainstays of this Persian Gulf nation. Then oil was discovered in the 1950s and everything changed. Today, its highly cosmopolitan population enjoy considerable wealth, traditional Islamic architecture mixes with glitzy shopping centers, and workers come from all over the world lured by tax-free salaries and year-round sunshine (to the extent that only about 20% of the people living in the country are actually locally-born). The United Arab Emirates’ economy is also becoming increasingly diversified.
7. Norway
Current International Dollars: 76,738
Norway’s economic engine is fueled by oil. As western Europe’s top petroleum producer, the country has benefitted from rising prices after years of decline. With massive revenues pumping stimulus into the economy, the central bank governor recently decided to do the unthinkable: hike interest rates to their highest level since 2015. While the rest of Europe flirts with sub-zero rates in order to encourage investment and growth, Scandinavia’s richest nation seems to have the opposite problem: an uptick in inflation, the most glaring signal that the economy is getting stronger.

On a side note, it is also important to point out that Norwegian policymakers know that with great GDP growth comes great responsibility: contrary to many other rich nations, high per capita GDP figures are truly a reflection of people’s financial wellbeing. Norway has one of the lowest income inequality gaps in the world.
6. Ireland
Current International Dollars: 82,439
European Union economies are going through a rough period. Amid uncertainties tied to Brexit and trade tensions, rising oil prices and Italy’s economic woes, Eurozone officials were forced to slash their growth forecast for the 19 member countries to 1.1%. The Irish economy, however, just keeps growing: in 2019, it will expand by over 4%, consolidating its role as the fastest-growing economy of the bloc following the 2008 financial crisis. A nation of less than 5 million inhabitants, Ireland was one of the hardest hit by the global downturn.
5. Brunei Darussalam

READ MORE: https://thesmartcitizens./2019/12/02/top-10-wealthiest-country-in-the-world-is-your-country-no-1/ (SOURCE)

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