Global Finance magazine ranked Qatar first in the region and fourth in the world in terms of GDP per capita of $ 93,508. It was followed by the UAE, ranked 11th globally, with a share of $ 58,753, then Bahrain 23 globally, with a share of $ 48,766, Saudi Arabia 25, with a share of $ 46,811, while Kuwait ranked fifth in the Gulf and Arab countries and 32 globally, with a per capita share of $ 41,621.
Luxembourg came first as the richest country in the world, followed by Singapore, Ireland, third, Qatar, then Switzerland, followed by Norway, sixth, then America, Brunei, eighth, Hong Kong, ninth, and Denmark, tenth.
According to the report, some very small and very rich countries, such as Luxembourg, Singapore and Hong Kong, have benefited, from the existence of advanced financial sectors and tax systems in it that help attract foreign investment and professional talent, while other countries such as Qatar and Brunei have large reserves of hydrocarbons or other profit-generating natural resources.
Source (Al-Rai Kuwaiti Newspaper, Edited)
