Special Report

Richest Countries in the World

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10. Hong Kong
> GNI per capita: $58,420
> 2017 GDP: $414.3 billion (43rd out of 196 countries)
> Population: 7.4 million
> Life expectancy at birth: 84.7 years

Hong Kong is not a fully independent nation, but rather a special administrative region of China. But it has its own powerful economy with a GDP of $414.3 billion and a GNI per capita of $58,420 per person. In addition to being one of the wealthiest countries in the world, Hong Kong is also one of the healthiest. The average life expectancy at birth in the country of 84.7 years is more than 12 years longer than the global average and about six years longer than in the United States.

Hong Kong has a diverse economy, exporting machines like broadcasting equipment as well as precious metals and minerals like gold, silver, and diamonds.

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9. Luxembourg
> GNI per capita: $65,101
> 2017 GDP: $55.5 billion (104th out of 196 countries)
> Population: 596,336
> Life expectancy at birth: 82.7 years

Luxembourg is one of the smallest countries in the world, both in terms of landmass and population, with fewer than 600,000 people. With a GDP of $55.5 billion, Luxembourg’s GNI per capita is one of the highest in the world at $65,101.

No country relies more heavily on exports than Luxembourg. The total value of exported goods and services is equal to more than double the country’s GDP — the only place in the world where this is the case. Much of the nation’s exports are machinery, iron, and plastics.

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8. Norway
> GNI per capita: $67,529
> 2017 GDP: $342.8 billion (48th out of 196 countries)
> Population: 5.3 million
> Life expectancy at birth: 82.5 years

Despite being one of the smaller countries in the world with a population of 5.3 million, Norway has one of the larger economies, with a GDP of $342.8 billion. Since the discovery of offshore oil and gas in the 1960s, Norway has become a petroleum-producing powerhouse. In 2017, petroleum made up more than half of the Scandinavian country’s exports.

Norway has among the best health outcomes in the world. The country has a life expectancy of 82.5 years, more than a decade higher than the global average. Norway also has among the lowest rates of maternal mortality and childhood mortality for children under five.

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7. United Arab Emirates
> GNI per capita: $67,758
> 2017 GDP: $632.6 billion (31st out of 196 countries)
> Population: 9.4 million
> Life expectancy at birth: 77.4 years

Nearly half of all exports from the United Arab Emirates are forms of petroleum — crude, refined, or gas. The country’s exports also include precious metals and minerals like gold and diamonds. These valuable exports have helped make the UAE one of the wealthiest countries in the world, with a GNI per capita of $67,758.

The UAE has among the highest rates of primary school enrollment and primary school completion, setting up students for future success. The country also has one of the lowest unemployment rates in the world, at 2.6%, just over half of the 5.0% worldwide unemployment rate.

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6. Bermuda
> GNI per capita: $68,113
> 2017 GDP: $3.3 billion (169th out of 196 countries)
> Population: 65,441
> Life expectancy at birth: 81.4 years

The island nation of Bermuda is by far the least populous country to rank among the richest in the world, with a population of less than 66,000. Bermuda’s exports are worth very little. The nation ranks among the wealthiest largely because of international businesses, like insurance and financial services companies that operate in the country. These businesses account for around 85% of Bermuda’s GDP. Tourism is also an economic boon for the country accounting for a large share of total employment.

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