Denmark Moves Up in Ranking of Richest Countries 2014.07.10 Denmark is the country in the world with the highest GDP per capita that does not rely on a significant amount of its wealth from either natural resources or from the finance and gambling sectors. Danish coin In the annual World Bank listings of the richest countries in the world – measured by GDP per capita – Denmark does well. Up two places from 9th to 7th richest country in the world, Denmark is now the highest placed country that doesn’t rely on natural resources, finance or gambling. With a GDP per capita of USD 58.930 Denmark has overtaken Bermuda and Kuwait, and is now placed just above Sweden. The World Bank list is topped by Luxembourg and Norway that derive great wealth from the financial sector and natural resources respectively. Without such drivers of wealth, Denmark’s high level of wealth is driven by a dual focus on a strong business climate with favourable framework conditions on the one hand, and ensuring a high quality of life resulting in a well-educated and motivated workforce on the other. About the World Bank list: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The full World Bank list can be found. Country name 2009 2010 2011 2012 2013 Luxembourg 99,282 102,679 111,913 103,859 111,162 Norway 78,457 86,096 99,091 99,636 100,819 Qatar 62,528 71,510 88,861 92,633 93,352 Macao SAR, China 40,860 53,046 67,062 77,196 91,376 Switzerland 65,790 70,174 83,270 78,929 80,528 Australia 42,722 51,825 62,081 67,436 67,468 Denmark 56,227 56,411 59,912 56,364 58,930 Sweden 43,640 49,377 56,724 55,039 58,164 Singapore 38,577 46,570 52,871 54,007 55,182 United States 46,999 48,358 49,855 51,755 53,143 Canada 40,764 47,465 51,791 52,409 51,911
Posted on: Wed, 23 Jul 2014 04:33:34 +0000
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