The 3 richest countries in the world

Blessed with the third-largest natural gas reserves in the world, Qatar is the world's richest country per capita, latest list by Forbes reveals

Ranked No:1 Qatar

Qatar has been ranked as the world's richest country per capita in a new list compiled by US-based Forbes magazine. Blessed with the third-largest natural gas reserves in the world, the Arab Gulf emirate of 1.7 million people is benefitting from a rebound in oil prices. Adjusted for purchasing power (PPP), Qatar has an estimated gross domestic product per capita of $88,222.

Second: Luxembourg

In second place on the list is Luxembourg, with a per capita GDP on a purchasing-power parity (PPP) basis of $81,466.

Third:Singapore

Technology, manufacturing and finance hub Singapore is ranked third on the list. The country’s GDP (PPP) per capita is $56,694 (estimated from 2009).