• Top 5 richest countries in 2013, Switzerland 5th, UAE 4th, USA 3rd, Norway 2nd and Singapore first.
    52 replies, posted
[QUOTE][B]No. 5: Switzerland, $46,474 per person[/B] Kicking off the list is Europe's second-wealthiest country, Switzerland. The Swiss economy has performed remarkably well despite its proximity to recession-battered European nations. Switzerland's GDP grew 3% in 2010 and an estimated 0.9% in 2012. Those aren't eye-popping numbers, but compared to Europe's far-reaching contraction, it's a relieving dose of stability. Swiss citizens have gained from the country's notoriety as a tax haven, and the country's forward-looking moves -- such as its preliminary agreement to a free-trade deal with China -- should only benefit its economy in coming years. The IMF expects Switzerland's GDP per capita to rise to more than $54,000 by 2018. [B]No. 4: United Arab Emirates, $49,883 per person[/B] A few Middle Eastern nations have profited in a big way from the region's [URL="http://www.fool.com/investing/general/2013/05/19/the-5-richest-countries-in-the-world.aspx#"]oil[/URL] bounty, but few have done so as successfully -- and as publicly -- as the UAE. Dubai, the country's largest city, has exploded into a desert metropolis as the nation's citizens have enjoyed top-tier gains in standards of living. The nation's still in the middle of developing, with tourism playing an important role in the country's economic growth. Foreign investment has also supercharged the country's economy, with more than $10 billion in foreign investment entering the country in 2011. The IMF's estimates are optimistic: The organization expects the UAE's GDP per capita to grow to more than $57,000 by 2018. [B]No. 3: United States, $51,248 per person[/B] I think most investors will recognize this nation. For all the hits the U.S. economy has taken throughout its slow recovery from the depths of the recession, the average American still lives a remarkably wealthy lifestyle. Falling unemployment, which [URL="http://www.fool.com/investing/general/2013/05/03/unemployment-rate-inches-down-to.aspx"]declined to 7.5%[/URL] recently, and the country's housing rebound have helped America dig out of the economic doldrums. The IMF expects good things ahead for the U.S., predicting a per-capita GDP of more than $63,000 by 2018. While challenges remain for the U.S., the country's GDP continues on an upward track despite the recent tax increases and implementation of sequestration. [B]No. 2: Norway, $56,663 per person[/B] At No. 2, Norway is Europe's wealthiest nation. Like Switzerland, this economy has remained remarkably stable throughout Europe's debt crisis. Norway's GDP grew by 0.7% in 2013's first quarter as the nation's oil resources powered the country's wealth. While some Norwegian experts have warned that the country's dependence on oil and energy could hurt its future, Norway's doing well right now: Projections peg the country's mainland economy to grow by 2.75% this year. [B]No. 1: Singapore, $61,567 per person[/B] The wealthiest nation in the world's top 50 economies has been one of the hottest growth stories in recent years. Singapore's emergence as a business hub and tax haven -- research firm WealthInsight predicts that the country will surpass Switzerland as the world's largest offshore wealth hub by 2020 -- has been a boon for its population's standard of living. Foreign investment has poured into the nation, turning Singapore into Southeast Asia's pre-eminent economy. The country is expected to gain even more in the next few years, with the IMF expecting Singapore's GDP per capita to rise to an astounding $77,000 by 2018.[/QUOTE] [URL]http://www.fool.com/investing/general/2013/05/19/the-5-richest-countries-in-the-world.aspx[/URL] And I'm a dirt poor person in the wealthiest country. :(
I'm going to be honest, I didn't expect U.S. to be infront of Switzerland.
[QUOTE=Roof;40724841]I'm going to be honest, I didn't expect U.S. to be infront of Switzerland.[/QUOTE] It's per capita
How is it like in Singapore, all in all? All I've heard through the media is how [I]stable[/I] the country is.
[QUOTE=booster;40724859]How is it like in Singapore, all in all? All I've heard through the media is how [I]stable[/I] the country is.[/QUOTE] Its horrible. You can read part of the migrating thread I've posted if you want to get some idea of living there. Protip: If you're not rich, don't bother coming here. Or if your company provide you with benefits, then you're safe. And its way too fast paced, its all about work here. Nobody actually rest. Can of beer cost $8. Well it is a stable country, no crime here or corruption, lots of fancy buildings everywhere. Oh and even those low ranked ministers get about a million in salary. Per month.
i wipe my ass with money
[QUOTE=Ignhelper;40724892]Its horrible. You can read part of the migrating thread I've posted to get some idea of living there. Protip: If you're not rich, don't bother coming here. Or if your company provide you with benefits, then you're safe. And its way too fast paced, its all about work here. Nobody actually rest. Can of beer cost $8. Well it is a stable country, no crime here or corruption, lots of fancy buildings everywhere. Oh and even those low ranked ministers get about a million in salary. Per month.[/QUOTE] I also hear that porn is illegal.
[QUOTE=Mr. Scorpio;40724940]I also hear that porn is illegal.[/QUOTE] Shhhhhh. [URL="http://www.ifaq.gov.sg/mda/apps/fcd_faqmain.aspx"]http://www.ifaq.gov.sg/mda/apps/fcd_faqmain.aspx[/URL]
[QUOTE=Mr. Scorpio;40724940]I also hear that porn is illegal.[/QUOTE] Homosexuality is illegal there. Also, Dain gets massive boners whenever it's mentioned. Expect him to arrive to fap all over the thread within a few minutes.
[QUOTE=Mr. Scorpio;40724940]I also hear that porn is illegal.[/QUOTE] And chewing gum, but no one seems to give a fuck anymore. Its annoying when they had to block jizzhut oh wait someone's knocking on the do-
The richest among the 50 largest economies. So they aren't really the richest, there are richer countries than those, for example Luxembourg or Liechenstein, they are just smaller.
You can do anything with statistics. I recall Qatar being up in the big leagues, but they have more immigrants than they do Qataris in the country and they don't count the immigrants as citizens or something like that. They have a lot of ways of manipulating their statistics. [editline]21st May 2013[/editline] In fact, I thought Qatar is the richest country in the world?
[QUOTE=Hizan;40725036]You can do anything with statistics. I recall Qatar being up in the big leagues, but they have more immigrants than they do Qataris in the country and they don't count the immigrants as citizens or something like that. They have a lot of ways of manipulating their statistics. [editline]21st May 2013[/editline] In fact, I thought Qatar is the richest country in the world?[/QUOTE] Keyword is Per Capita.
[QUOTE=Hizan;40725036]You can do anything with statistics. I recall Qatar being up in the big leagues, but they have more immigrants than they do Qataris in the country and they don't count the immigrants as citizens or something like that. They have a lot of ways of manipulating their statistics. [editline]21st May 2013[/editline] In fact, I thought Qatar is the richest country in the world?[/QUOTE] By GDP (adjusted for purchasing power parity), the US ranked first with a GDP of $15,653 Billion. Qatar ranked 56th with a GDP of $189 Billion. Even if you don't account for PPP, Qatar ranks 51st.
[QUOTE=Ignhelper;40724993]And chewing gum, but no one seems to give a fuck anymore. Its annoying when they had to block jizzhut oh wait someone's knocking on the do-[/QUOTE] Yea and redtube too, damn ~Media Development Authority~
[QUOTE=Monkey pie;40724908]i wipe my ass with money[/QUOTE] I wipe my money with ass
Singapore doesn't really count since it's a city imo :v:
[QUOTE=Novangel;40725510]Singapore doesn't really count since it's a city imo :v:[/QUOTE] It's a City-state.
They should include the distribution of wealth too, Bill Gates probably boosts quite many homeless or poor
5th place? ... Yeah, I can live with that, stuff is fucking expensive here, but the living quality makes up for it tenfold.
[img]http://i.imgur.com/ddTwK.png[/img]
Norway and their oil. They've been fucking with us others because of it, can't wait till it run out.
[QUOTE=Ignhelper;40724892]Its horrible. You can read part of the migrating thread I've posted if you want to get some idea of living there. Protip: If you're not rich, don't bother coming here. Or if your company provide you with benefits, then you're safe. And its way too fast paced, its all about work here. Nobody actually rest. Can of beer cost $8. Well it is a stable country, no crime here or corruption, lots of fancy buildings everywhere. Oh and even those low ranked ministers get about a million in salary. Per month.[/QUOTE] Jesus what does tap beer cost like then.?
Ukogbani (formerly Great Britain) would be in the top five if we never let them damn foreigners in.
The problem with the USA number is that it's an average, and the insane wealth of the top couple percent throws off everything. The vast majority of people in the US are not as wealthy as that figure suggests.
[QUOTE=Salricci;40726100][img]http://i.imgur.com/ddTwK.png[/img][/QUOTE] I can unbiasedly confirm that this is what happened.
i don't get it i'm an average american where's my $51,000?
[QUOTE=Used Car Salesman;40727447]The problem with the USA number is that it's an average, and the insane wealth of the top couple percent throws off everything. The vast majority of people in the US are not as wealthy as that figure suggests.[/QUOTE] Uh, I don't think everyone in Norway, Switzerland, Singapore or Arabia are all as rich as that suggest either.
[QUOTE=ThePinkPanzer;40729345]Uh, I don't think everyone in Norway, Switzerland, Singapore or Arabia are all as rich as that suggest either.[/QUOTE] Wealth distribution is far more even in Norway than in the US. Can't speak for the other nations though.
[QUOTE=ThePinkPanzer;40729345]Uh, I don't think everyone in Norway, Switzerland, Singapore or Arabia are all as rich as that suggest either.[/QUOTE] Norway has the best standard of living iirc. I mean, in Denmark and Norway you literally get paid to take an education, so you don't have to work while you study. The standard of education is higher, and so are the taxes.
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