According to a ranking issued by the magazine "Global Finance", about the richest countries in 2023, Ireland topped the list, followed by Luxembourg, Singapore, Qatar, and Macau, then the UAE, Switzerland, and Norway, while the United States comes in ninth place, the largest economy on the planet, followed by San Marino.
Some very small and very rich countries – such as San Marino, Luxembourg, Switzerland, and Singapore – benefit from well-developed financial sectors and tax systems that attract foreign investment, professional talent, and large bank deposits.
Other countries, such as Qatar and the UAE, have large reserves of hydrocarbons or other lucrative natural resources.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
