World richest country list 2016. Top 10 Richest Countries In The World 2018 2019-09-14

World richest country list 2016 Rating: 8,4/10 790 reviews

Who are the richest countries in the world in 2016?

world richest country list 2016

Years of careful planning brings a seemingly unknown state to being one of the largest economies in the Arabian Peninsula. However, there can be minor variations depending on the source you are looking at. The per person earning of individuals of Switzerland is very high. Previously, in December 2014, the Swiss central bank introduced sub-zero interest rates in an effort to make the safe-haven franc less attractive and to boost the economy. There were 178 newcomers, as well as the first billionaires from Cyprus, Oman, Romania and Serbia. Even though its economy has been dominated by seafood, banking seems to be gaining ground.

Next

List Of Top 100 Richest Countries in the World 2019

world richest country list 2016

It is important to note that some of the wealthiest people and companies in the world own Swiss bank accounts and therefore Switzerland has excess capital to use for investment purposes. They have a robust industrial sector featuring steel, chemicals and rubber. Dear Reader: There is no magic formula to getting rich. In terms of wealth held per person, European countries dominated the global rankings, with Monaco taking the number one spot. Since 1991, India has slowly moved towards a free-market system.

Next

The World's Billionaires

world richest country list 2016

Thanks for commenting Karl Shokubutsu! As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian to Hong Kong's. Depending on your social media setting, the social media network will have record of this and may display your name or identifier in relation to this action. However, once the dotcom bubble burst the new rich saw their fortunes disappear. Eighty-nine women made the list, but only 14 of them were self-made. It is seen as a diversified industrialized nation, largely dependant on its banking, steel, and industrial sectors. Of those, 442 billionaires hailed from the United States. P is also an average quantity which is usually preferable than individual quantities.

Next

List of countries by GDP (PPP) per capita

world richest country list 2016

The European single market has more than 500 million consumers. As well as a war to recover from. In 2017, there was a record of 2,043 people on the list, which is the first time over 2,000 people were listed. Although the country has amerced lots of wealth, only the royals and a few others own it, the rest — estimated 40% make less than 1,000 dollars annually. This makes it the most populous democracy in the world.

Next

List of Top 10 Richest Countries in the World 2016

world richest country list 2016

As would be seen in the ranking below, it can be deduced that countries which are flourishing are due to a combination of economic factors, including trading in natural reserves, gas, oil or petroleum, finished industrial products, developed tourism and sophisticated and lucrative banking sectors, generating heavy revenues in the process. Some of them are developed countries while others are developing countries. The United States had 492 billionaires on the list, the most of any country. According to Forbes, they received three types of responses — some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions. Most about 70% of their revenues are generated from oil exploration and petroleum sector and they generate a further 80% revenue on oil and petroleum. Before you make any investment, check with your investment professional advisor. Its policy of long-term monetary security and political stability has helped it remain the biggest center for global offshore wealth.

Next

Top 20 Richest Countries in the World

world richest country list 2016

Luxembourg is one of the important country in western Europe which shares border with Belgium, Germany and France. Projects are initiated to make sure that people get no financial problems. It has a population of more than eight million. To begin with, in the early ages, regions in Switzerland called cantons signed agreements that each had to maintain its sovereignty but were to work together and shield each other from Germanic oppression. Oil prices are down significantly from where they stood in early 2015. These countries are flourishing their trade either by natural reserves, maybe oil or petroleum, or by tourism that make them generate heavy revenues.

Next

The Richest Countries In The World

world richest country list 2016

It stands sixth in military expenditure in the world. Due to the stable and powerful economy, Switzerland is considered a great place to invest and increase the business capital. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. The most used currency of the country is Euro. The Kuwaiti currency is the highest-valued currency unit in the world. This sovereignty is still practiced today, making the life in Switzerland freer, in that people can move from an unfavorable canton to a favorable one as they wish. You can withdraw consent at any time.

Next

Top 10 Richest Countries In The World 2018

world richest country list 2016

Based on data gathered from Global Finance magazine, here are the 30 richest countries in the world. Out of a population of 28 million, eight million are foreign expatriates. France Photo credit: Shutterstock Average annual income per person: £28,629 Reduced household spending and a decline in business investments are to blame for pushing France outside of the top 20. The two parameters have their strengths and also weaknesses. Luxembourg is also known for its financial services sector that accounts for nearly a third of its economy.

Next

What Are the Richest Countries in the World?

world richest country list 2016

Although Japan is a peace-loving country, its military spending is the eighth-largest in the world. Recently, some time ago, we created a list of in the world. The service sector comprises about 80% of the economy. Such calculations are prepared by various organizations, including the and the. Notification of Changes Whenever we change our privacy policy, we will post those changes to this Privacy Policy page, and other places we deem appropriate, so our users are always aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it.

Next

TOP 50 RICHEST COUNTRIES IN THE WORLD 2019 » Richest 2019 Top 10

world richest country list 2016

New World Wealth ranked the different countries according to the total amount of wealth, including property, cash, equities and business interests, held by all individuals as of June 2016. To further stimulate the economy, Qatar is also embarking on huge infrastructure projects, just in time for its hosting of the 2022 World Cup of football. It also excludes non-sovereign tax havens for example, or. Overall, net gainers 460 barely outnumbered net losers 441. Among investors and businesses, Hong Kong is considered to be one of the most capitalist economies.

Next