26 August 2016, Kathmandu Nepal – Do you have any idea about how rich is your country? Living in a third world or one of the poorest country in the world, many of us do think who would be the richest person, richest country and best place to live. Here are top 10 countries that is known for their wealth and being rich for several years and still maintaining the top list of wealthiest country in the world.
If you ever wondered about the most wealthiest countries in the world here you have answer below:
In our count down the last place at 10 is Italy. India, Australia and Canada have just overtaken Italy over the past 12 months. Despite several financial crisis and slowdown on luxury goods around the world, this European country standstill at the top ten wealthiest nation in the world.
Its a full continent and huge land with very less population, Australia has managed to rank number 9 on the list, despite it’s population of only 22 million. Australia is becoming a dreamland for many Asian students and Asylum seekers in recent days, its 100 percent security and one of the fastest growing economy, many has even started their business and migrated to Australia in recent days.
Canada is at no 8 in our list of wealthiest Nations, Less population, security and some of the best health care and social system made Canada one of the best country to live in, Constant growing economy, secure and affordable lifestyle, easy migration law and residing several hundred billionaires are the key to be on top of the list.
One of the BRICS nations and one of the world’s fastest growing economies, India is ranked 7th in the list.The ranking of India as one of the top 10 wealthiest countries in the world is largely because of its large population. IT and other production Industries are the key to success in India where as many of world’s known brands have started their production units located in India in recent days. Even it is in the top 10 lists of wealthiest countries, India has millions of poor living over decades of poverty and surviving on less than 3 dollars a day.
France comes in 6th at $6,600 billion. Recently the western European country has been embroiled in controversy surrounding it’s new ban on the Burkina following it’s full face veil ban in 2010. France is a historically and most important geographically situated between Asia and Europe, Its economy mostly sustained by the growth of its industries and wealth brought by the migrants from Arabian countries too. It immigration rules and easy acceptance of asylum may have caused its security but its wealth are never changing and standing high since centuries.
Another European country featured on the list is Germany with $9,100 billion, which is said to be the most economically stable country on the continent. Recently, Germany took in more than a million refugees in 2015.Most of the cars and planes that you can see today are Made in Germany. Auto mobile industries along with best farming techniques in the country has dominated all other European countries on wealth.In recent Years, Germany has donated very huge sum of amount to Greece and other down turned economically failed nations to rise up.
04. United Kingdom
United Kingdom one of the longest serving Monarchy and known the birth place of democracy, Coming in fourth place is the list. But the country is also high on the list of the wealthiest people. This is mainly due to the high value of real estate in the country. One time one of the biggest colonizer may have accumulated its wealth from different part of the world and still standing tall on its economy.
Country Sakura and working class people who has build the nation with their own source and hard work, once was in knee to struggle during 1940’s with atomic war, Japan is close behind in third place. Branded electronics, auto mobile, simpler lifestyle and constant growth of economy and its state of the art industries helped Japan to stay ahead of other nation on its wealth and wealthy people.
World/s most populated country with its large cheap cost labor and fastest growing industrialization, China Following by a large margin is in second place and has been the fastest growing in wealth in the past 15 years. One one of the poorest country which has revolution to survive and changed its several dynasty with communism, elaborated and modernized by Late President Deng Xiaoping, Chinese economy is standing like its historic monument Great wall, and may continue to grow in the days to come.
United States of America, who is in our top wealthiest Nation in the world, is the long dominant economy, Its well planned and democratic way of freedom has made this country a living heaven. A dreamland for many of the world power, staying in top is always a challenge to face and USA well fought for the same. Having more than half of the world’s billionaires and fastest growing technological firms resides and operated from America, its economy consists of half of the world’s wealth alone.
Lastly, notice the stark difference between the total wealth of United States and China. Surely, rest of the countries of the world have a lot of catching up to do if they intend to top this list some day. On a brighter side, rejoice if your country is on the list!
The above lists are based on a survey conducted by a south African firm and may vary in different valuation. Please leave your comment below if you feel so.