25 Richest Countries in the World

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5. Kuwait
> GNI per capita: $73,742
> 2018 GDP: $141.7 billion (59th out of 208 countries)
> Population (2018): 4.1 million
> Life expectancy at birth in 2017: 75.3 years

Kuwait is one of just a handful of nations with a GNI per capita above $70,000. Kuwait’s economy is heavily reliant on petroleum. Petroleum accounts for more than 84% of its exports. Kuwait has seen a substantial decline in wealth in the past few years due in part to the global drop in oil prices.

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4. Brunei Darussalam
> GNI per capita: $77,188
> 2018 GDP: $13.6 billion (131st out of 208 countries)
> Population (2018): 428,962
> Life expectancy at birth in 2017: 75.6 years

Petroleum accounts for more than 90% of Brunei’s exports. As a result of its petroleum resources, the relatively small Southeast Asian nation, found on the island of Borneo, has become one of the world’s wealthiest, with a GNI per capita in excess of $77,000. Citizens of the country do not have to pay income taxes.

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3. Singapore
> GNI per capita: $83,793
> 2018 GDP: $364.2 billion (36th out of 208 countries)
> Population (2018): 5.6 million
> Life expectancy at birth in 2017: 82.9 years

Sitting on the southern edge of Malaysia, Singapore is an important port, connecting much of mainland Asia to the rest of the world. Singapore is one of the largest exporters of integrated circuits in the world, accounting for over one-third of the country’s total exports, with other electronics accounting for a substantial portion of exports as well.

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2. Macao SAR, China
> GNI per capita: $95,833
> 2018 GDP: $54.5 billion (84th out of 208 countries)
> Population (2018): 631,636
> Life expectancy at birth in 2017: 84.0 years

With a GNI per capita of over $95,000, Macao is one of the wealthiest places worldwide. Like Hong Kong, Macao is another special administrative region of China. It has become one of the world’s top gaming destinations, and the sector has pumped billions of dollars into the economy of this relatively small region. Life expectancy in Macao is 84 years at birth, one of the highest of any country, and 5.5 years above U.S. life expectancy.

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1. Qatar
> GNI per capita: $113,133
> 2018 GDP: $192.0 billion (55th out of 208 countries)
> Population (2018): 2.8 million
> Life expectancy at birth in 2017: 80.0 years

Qatar is, by far, the richest country in the world, with a GNI per capita of $113,133 — more than $17,000 higher than the second wealthiest nation, Macao. Like Saudi Arabia and the United Arab Emirates, much of Qatar’s wealth comes from its oil and natural gas sector. Petroleum accounts for over 85% of Qatar’s total exports. Qatar has nearly 14% of the world’s proven natural gas reserves.