Saturday, 30 May 2020
Sultanate ranks among 29 richest countries in world

Sultanate ranks amongst 29 richest nations in globe

Muscat – 

As per the statistics released by the Business Standard newspaper, primarily based on the information from the International Monetary Fund (IMF), the sultanate has been ranked amongst the best 29 nations in the globe in terms of per capita gross domestic item (GDP).

The sultanate is ranked 27th on the globe level as the per capita GDP stands at US$45,723 per annum, ahead of the UK exactly where the per capita GDP is US$45,565 per annum and France with a per capita GDP of US$45,473 per annum.

Qatar tops the list with a per capita GDP of US$128,702 per annum followed by Macau exactly where the per capita GDP is US$122,489 per annum followed by Luxembourg with US$110,870 per annum.

The newspaper pointed out that twice a year the IMF releases information about the financial energy of the world’s nations, with per capita GDP getting a important statistic. The IMF ranks the world’s nations according to their per capita GDP primarily based on acquiring energy parity.

The list covers all the nations with a per capita GDP greater than US$45,000 per year.

Information Source: Muscat Daily

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