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The 10 Richest Countries In The World 2021 | Countries Rank by GDP Per Capita
Although Macau is the wealthiest territory in the world where citizens receive annual cheques from the government, its poverty rate is often reported as high as 10%.
In Switzerland, German-, French- and Italian-speaking citizens have co-existed peacefully and thrived together for over 800 years.
Norway's high rank on the human development index as well as the abundance of natural resources produce the highest standard of living conditions in the world.
GDP, or the Gross Domestic Product, is a measure of wealth in the country coming from sources including export revenues, incomes, consumption, and the value of goods and services the country produces in a span of a year. Setting the benchmark according to these metrics and establishing the same parameters across the board is what makes GDP so popular in demonstrating and comparing wealth. The GDP per capita is the wealth divided by the number of inhabitants in the country, which is a helpful measurement that can provide insight into the quality of life in a country. If the GDP per capita is high, this can often indicate the wealth and prosperity of the inhabitants of the country.
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