011-40705070  or
Select Board & Class
• Select Board
• Select Class

which is the richest country in the world ? And in which continent does it lies ?

Asked by Darshan(student) , on 14/10/13

Score more in
Start Now with Video Lessons, Sample Papers, Revision Notes & more for IX -

china is the richest and lies in asia

Posted by Simran(student)on 10/5/12

china is the richest country and lies in asia

Posted by Simran(student)on 10/5/12

but i think US is the richest country in the world and it 's in north america

Posted by Tanya(student)on 11/5/12

accutaly luxembourg  is the richest country in the world. and it 's in europe

according to the world bank ,qatar is the richest country in the world followed by luxemborg and singapore.

qatar is an arab state which is located in western asia.

Posted by Bubblyy Bhavzz(parent)on 14/10/13

his article includes severallists of countries by gross domestic product at purchasing power parity per capita, the value of all finalgoods and servicesproduced within a country in a given year, divided by the average (or mid-year) population for the same year.

Methodology

Gross domestic product (GDP)dollar estimates are derived frompurchasing power parity (PPP)calculations,per capita. Such calculations are prepared by various organizations, including theInternational Monetary Fundand theWorld Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country tend to differ, sometimes substantially. PPP figures are estimates rather than hard facts, and should be used with caution.

Comparisons of national wealth are also frequently made on the basis of nominal GDP, which does not reflect differences in thecost of livingin different countries (SeeList of countries by GDP (nominal) per capita). Using a PPP basis is arguably more useful when comparing generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and theinflation ratesof the countries, rather than using justexchange rateswhich may distort the real differences in income.

Other figures includesavings(not just income), such asnational wealth. GDP per capita is often considered an indicator of a country'sstandard of living;[1] [2]although this can be problematic because GDP per capita is not a measure ofpersonal income(SeeStandard of living and GDP).

Severaleconomies, which are not considered to be countries (i.e. the world, the European Union and somedependent territories), are included in the list because they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. Non-sovereign entities, former countries or other special groupings are marked initalics.

All figures are in currentinternational dollars(Int$). World Bank(20052012)[3][hide]RankCountryIntl.$Year1Luxembourg91,3882012—Macau87,76520122Qatar83,46020123Norway65,64020124Singapore61,80320125Switzerland53,36720126Brunei53,3482012—Hong Kong51,94620127United States49,96520129Australia44,598201210Austria44,208201211Ireland43,592201212Netherlands43,198201213Sweden43,180201214Canada42,533201215Denmark42,086201216United Arab Emirates42,080201217Germany40,901201218Belgium39,788201219Finland38,655201220Iceland37,852201221United Kingdom36,901201222France36,104201223Japan35,1782012—European Union33,527201224Italy33,111201225Spain32,682201226New Zealand32,219201227Israel31,869201228Saudi Arabia31,729201229Bahamas, The31,629201230Korea, South30,801201231Cyprus30,597201232Equatorial Guinea30,233201233Malta29,013201234Slovenia27,475201235Seychelles27,008201236Trinidad and Tobago26,647201237Czech Republic26,590201239Portugal25,411201240Greece25,331201241Slovakia25,300201242Bahrain24,996201243Russia23,501201244Lithuania23,399201245Estonia23,065201246Chile22,352201247Poland22,162201248Hungary22,119201249Latvia20,969201250Croatia20,532201251Antigua and Barbuda19,964201252Palau19,031201254Turkey18,348201255Saint Kitts and Nevis18,034201257Malaysia17,143201258Mexico16,731201259Panama16,615201260Romania16,518201261Botswana16,321201262Gabon16,086201263Uruguay16,037201264Bulgaria15,933201265Mauritius15,649201266Belarus15,592201267Lebanon14,610201268Montenegro14,206201269Kazakhstan13,917201270Venezuela13,485201271Costa Rica12,946201272Dominica12,6432012—World12,213201274Brazil11,909201275Macedonia11,654201276Serbia11,544201277South Africa11,440201279Saint Lucia11,146201280Saint Vincent and the Grenadines10,987201281Peru10,932201282Grenada10,827201283Azerbaijan10,624201284Turkmenistan10,583201285Colombia10,583201286Dominican Republic10,204201287Thailand9,820201288Ecuador9,796201289Tunisia9,795201290Albania9,443201291Bosnia and Herzegovina9,235201292China9,233201293Maldives9,072201294Suriname8,858201295Algeria8,515201296Namibia7,565201298Ukraine7,421201299El Salvador7,1062012101Egypt6,7242012102Bhutan6,6992012103Armenia6,6452012104Sri Lanka6,2472012105Jordan6,1482012106Paraguay6,1382012107Angola6,1052012108Georgia5,9022012109Mongolia5,4622012110Syria5,4362012111Bolivia5,2762012112Swaziland5,2462012113Morocco5,1922012114Guatemala5,1022012115Tonga5,0262012116Indonesia4,9562012117Fiji4,9432012118Vanuatu4,6062012119Samoa4,5172012120Cape Verde4,4302012121Congo, Rep.4,4262012122Philippines4,4102012123Iraq4,2462012124Honduras4,2432012125Moldova4,1822012126Nicaragua4,0722012127India3,8762012128Micronesia, Fed. Sts.3,8242012129Vietnam3,6352012130Uzbekistan3,5912012131Guyana3,3992012132Solomon Islands3,1272012133Laos2,9262012134Papua New Guinea2,8982012135Pakistan2,8912012136Nigeria2,6612012137Mauritania2,6032012138Cambodia2,4942012139Yemen2,4892012140Kiribati2,4612012141Kyrgyzstan2,4092012142Cameroon2,3422012143Tajikistan2,2472012144Sudan2,1952012146Ghana2,0472012147Côte d'Ivoire2,0392012148Lesotho1,9632012149Gambia, The1,9482012150Senegal1,9442012151Bangladesh1,8832012152São Tomé and Príncipe1,8522012153Kenya1,7662012154Zambia1,7122012155Timor-Leste1,7092012156Tanzania1,6012012157Benin1,5832012158Burkina Faso1,5132012159Chad1,4932012160Nepal1,4842012162Sierra Leone1,3592012163Rwanda1,3542012164Uganda1,3522012165Comoros1,2302012166Haiti1,2282012167Mali1,2142012168Guinea-Bissau1,1922012169Ethiopia1,1392012170Guinea1,0692012171Togo1,0512012172Mozambique1,0242012173Madagascar9782012174Malawi9022012175Central African Republic8572012176Niger6652012177Liberia6552012178Eritrea5662012179Burundi5602012180Congo, Dem. Rep.42220128Kuwait45,455201138Oman26,074201197Belize7,5292011161Afghanistan1,399201153Barbados18,805200956Libya17,665200978Iran11,3952009145Djibouti2,178200773Argentina12,0342006100Jamaica7,0832005International Monetary Fund(20102012)[4][hide]RankCountryIntl.\$Year1Qatar100,88920122Luxembourg77,95820123