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1 year, 8 months ago

What is the richest country in the world?

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philbangayan | 1 year, 8 months ago
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One way to measure a country's wealth is by its gross domestic product (GDP). GDP can be calculated nominally or by taking into account cost of living (PPP - purchasing power parity). Depending on the source, GDP rankings differ, even within nominal or PPP.

According to the International Monetary Fund, the country with the highest GDP is Luxembourg (nominal) or Qatar (PPP).
According to the World Bank, the country with the highest GDP is Monaco (nominal) or Luxembourg (PPP).
According to the CIA World Factbook, the country with the highest GDP is Liechtenstein (for both nominal or PPP).

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