TRIBUNE
Despite economic challenges worldwide, some countries have continued to maintain their strong financial position in terms of Gross Domestic Product (GDP) per capita. The countries that dominate this year’s list are regarded as the richest.
However, these countries’ economic strength stems from their efforts in financial sectors, pharmaceuticals, hospitality, technology, and energy.
Here are the richest countries in the world by GDP per capita according to IMF:
- Luxembourg
Luxembourg tops the list as the richest country in the world with 154,914 dollars in GDP per capita. This is made possible through the well-structured and developed financial sector in the country. Luxembourg also creates favourable environments for businesses to thrive. - Singapore
Singapore is the second richest country in the world with 153,608 dollars in GDP. The country is known to have a strong financial system, trade and technology — all have been helping the economic growth of Singapore. - Macau SAR
Macau SAR is an administrative region in China, created specially to oversee governing and economic systems different from mainland China. Its economic growth can be traced to gaming, hospitality, and tourism. The GDP per capita income is 140,245 dollars.