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Sunday, May 22, 2011

prosperous countries in the world

1. Luxembourg $ 80,800

Luxembourg officially the Grand Duchy of Luxembourg (Luxembourgish: Groussherzogtum Lëtzebuerg, French: Grand-Duché de Luxembourg, German: Großherzogtum Luxemburg), is a landlocked country in western Europe, bordered by Belgium, France, and Germany. Luxembourg has a population of over half a million people in an area of approximately 2,586 square kilometres (999 sq mi). A representative democracy with a constitutional monarch, it is ruled by a grand duke. It is the world's only remaining sovereign grand duchy. The country has a highly developed economy, with the world's highest GDP (nominal) per capita according to the IMF. Its historic and strategic importance dates back to its founding as a Roman era fortress site and Frankish count's castle site in the Early Middle Ages. It was an important bastion along the Spanish Road when Spain was the principal European power influencing the whole western hemisphere and beyond in the 16th–17th centuries.

2. Qatar $ 75,900

Qatar has the world's largest per capita production and proven reserves of both oil and natural gas. In 2010, Qatar had the world's highest GDP per capita, while the economy grew by 19.40%, the fastest in the world. The main drivers for this rapid growth are attributed to ongoing increases in production and exports of liquefied natural gas, oil, petrochemicals and related industries. Qatar has the highest human development in the Arab World after the United Arab Emirates. In 2009, Qatar was the United States’ fifth largest export market in the Middle East, trailing behind the U.A.E., Israel, Saudi Arabia and Egypt. With a small citizen population of less than 300,000 people, Qatar relies heavily on foreign citizens, both for its protection and generating labor demand. Qatar has attracted an estimated $100 billion in investment, with approximately $60–70 billion coming from the U.S in the energy sector. It is estimated that Qatar will invest over $120 billion in the energy sector in the next ten years.

3. Norway $ 55,600
 
Norway has extensive reserves of petroleum, natural gas, minerals, lumber, seafood, fresh water, and hydropower. It is the world's largest producer of oil and natural gas per capita outside of the Middle East, and the petroleum industry accounts for around a quarter of the Gross domestic product. The country maintains a Scandinavian welfare model with universal health-care, subsidized higher education, and a comprehensive social security system. From 2001 to 2007, and then again in 2009 and 2010, Norway had the highest human development in the world.

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