From Monaco to Singapore, we explore some of the richest countries per capita
Looking for one of the most wealthy destinations in the world to call home? Then head to one of the world’s richest countries per capita and enjoy the very best that life has to offer. While the rankings change year-to-year, the top 10 remain relatively consistent, guaranteeing a luxury lifestyle wherever you choose.
Here we round-up the richest countries per capita that consistently rank in the top 10.
Despite its diminutive size, Monaco ranks as one of the richest countries per capita. In this tiny Principality located along the French Riviera a significant number of its 38,000 plus residents are millionaires with almost 3,000 of them estimated to be worth more than US$10 million, making Monaco one of the richest countries in the world.
With this in mind, it’s no surprise that Monaco’s real estate makes up some of the most expensive in the world, including along the famed Princess Grace Avenue, the most expensive residential street in the world.
Not only is Monaco one of the richest countries in the world it is also a highly desirable place to live, thanks to its luxurious lifestyle, including world-class restaurants, famous events, and convenient location along the heart of the French Riviera.
Switzerland is consistently ranked as the richest country per capita. With a population of more than 8 million, banking and financial institutions keep this country and economy afloat. Indeed, some of the wealthiest individuals and companies in the world own Swiss bank accounts.
The stunning cities of Geneva and Zurich also consistently rank as offering one of the best standards of living in the world, boasting wonderful restaurants and cultural attractions. Switzerland also features fabulous winter sports opportunities, thanks to its location in the heart of the Alps.
Despite its relatively small population of around some 600,000, Luxembourg boasts a vibrant financial sector coupled with prudent fiscal policy and a stable government, making Luxembourg one of the richest countries per capita.
As well as a robust economy, Luxembourg is also a vibrant place to visit, boasting a large number of UNESCO World Heritage monuments, alongside numerous museums and squares. Luxembourg is also popular with hikers, thanks to its wonderful forests and nature parks.
The basis of this tiny city-state’s wealth is its financial services sector, which ensures it maintains its status as one of the richest countries per capita in the world. This is coupled with a liberal economics’ policy that encourages growth and innovation.
Located off southern Malaysia this island city-state has a population of just over 5 million, with an estimated 1,000 ultra high net worth individuals. It offers a vibrant, multicultural atmosphere and is a popular destination for the wealthy to call home, as well as with visitors looking to explore the very best that Asia has to offer.
United Arab Emirates
Up until oil was discovered in the 1950’s the United Arab Emirates’ economy was dependent on fishing and a declining pearl industry. The money from oil has helped propel the economy of this Middle Eastern federation from a quiet backwater into one of the richest countries per capita. The service sector and telecommunications also contribute greatly to its wealth, as does a recent diversification into tourism.
The largest of the seven emirates are Abu Dhabi and Dubai, which offer a glittering lifestyle for residents and are both popular tourist destinations too.
Powered by a small but robust economy this Scandinavian country is driven by natural resources including oil, gas, and fishing. Norway regularly tops the list as one of the richest countries per capita and has one of the highest number of millionaires per capita – with recent reports stating that one in 86 now count their networth in seven figures. Norway also consistently ranks as one of the best places to live in the world.
Norway is known for its fabulous fishing, hiking, and skiing opportunities, making it not only a popular destination with wealthy individuals, but also with those looking for an active outdoors lifestyle.
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