DUSHANBE, April 4, 2016, Asia-Plus –
Global Finance Magazine
has ranked Tajikistan the 153rd among 185 nations in terms of GDP per capita.
Tajikistan, which has per capital gross domestic Product (GDP) of little more than 2,800 U.S. dollars, has been described as Central Asia’s poorest nation.
Kazakhstan is ranked 50th; it has per capita GDP of 25,367 U.S. dollars.
Turkmenistan, which has per capital GDP of 15,800 U.S. dollars, is ranked 77th.
Uzbekistan is ranked 127th; it has per capita GDP of 5,900 U.S. dollars.
Kyrgyzstan, which has which has per capital GDP of 3,500 U.S. dollars, is ranked 142nd.
Meanwhile, the Russian Federation is ranked 51st; it has per capita GDP of 25,350 U.S. dollars.
Qatar tops the list of the 10 richest countries in the world because of its record-breaking GDP per capita, which is 146,000 U.S. dollars. The country has a well evolved oil exploration industry and is considered the mainstay of Qatar”s economy.
Luxembourg with just half a million population ranks number second in the list and has per capita GDP of 94,176 U.S. dollars. The cornerstone of this powerful economy is its exuberant financial sector and diversified industries.
Singapore, officially known as the Republic of Singapore, is the tiny and self-governing city-state of Southeast Asia. Ranked as the third richest country in the world, it has per capita GDP of 84,821 U.S. dollars and is one of the world”s leading centers for commerce.
Among the top twenty-five richest countries are also Brunei, Kuwait, Norway, the United Arab Emirates (UAE), Hong Kong, the United States, Switzerland, Saudi Arabia, Bahrain, the Netherlands, Ireland, Australia, Austria, Sweden, Germany, Taiwan, Canada, Denmark, Oman, Iceland, Belgium, and France.
The Central African Republic (185th), Congo (184th), and Malawi (183rd) are at the bottom of the list.
According to an analysis by
Global Finance Magazine
, small countries continue to dominate the list of the world”s richest countries.
Based on data from the World Bank and the International Monetary Fund, the magazine ranked the world”s countries according to their gross domestic product based on purchasing power parity per capita (PPP).
The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
