Top 15 Richest Countries In The World 2016

Small countries continue to dominate the list of the world's richest countries, while the top three are unchanged from 2015, according to an analysis by Global Finance Magazine.

Based on data from the World Bank and the International Monetary Fund, the magazine ranked the world's countries according to their gross domestic product based on purchasing power parity per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
 

15. Australia — GDP per capita: $48,288 (£33,536)

14. Ireland — GDP per capita: $48,786 (£33,882)

13. The Netherlands — GDP per capita: $48,797 (£33,889)

12. Bahrain — GDP per capita: $52,830 (£36,690)

11. Saudi Arabia — GDP per capita: $56,253 (£39,068)

10. Switzerland — GDP per capita: $56,815 (£39,458)

9. United States — GDP per capita: $57,045 (£39,618)

8. Hong Kong — GDP per capita: $57,676 (£40,056)

7. United Arab Emirates — GDP per capita: $67,201 (46,671)

6. Norway — GDP per capita: $67,619 (£46,962)

5. Kuwait — GDP per capita: $71,600 (£49,726)

4. Brunei — GDP per capita: $80,335 (£55,793)

3. Singapore — GDP per capita: $84,821 (£58,909)

2. Luxembourg — GDP per capita: $94,167 (£65,399)

1. Qatar — GDP per capita: $146,011 (£101,406)

Source : www.businessinsider.com