Global Finance Releases List Of Richest and Poorest Countries

Monday, September 20, 2010

World's richest countries list
Global Finance, Leading U.S. business magazine, recently has released an updated list of rich, wealthy, prosperous and poor countries throughout the world. The magazine showcases 182 countries around the world from the richest to the poorest. Richest country is occupied by Qatar, with a gross domestic product (GDP) per capita of U.S. $ 90,149 per year in 2010. While poorest country is the Republic of Congo, with GDP per capita is only U.S. $ 342 a year.

The method used to determine the state of wealth is to compare the living standards of the overall population of one country by using gross domestic product (GDP) per capita based on parity or purchasing power balance internationally.

This measure of living standards between countries, using indicators of the relative cost of living, inflation, and exchange rate of a country that was converted into a common currency (international dollars, U.S. dollars).

Here are the List of Ten Richest Countries in the World
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