Sweden is richer than Norway

10 richest countries in the world: Germany not included

People are getting richer and richer. Global wealth climbed a further 8.3 percent year-on-year to US $ 263 trillion (€ 210 trillion) by mid-2014, according to a recent study by Credit Suisse (Global Wealth Report 2014).

On average, every adult citizen of the world had a net worth of US $ 56,000 or € 44,715 - a new record high. It is no longer a secret that global wealth is unevenly distributed.

On average, Swiss citizens have the highest per capita wealth at US $ 581,000 (€ 464,000); in the world's poorest countries, such as Africa, people have less than US $ 5,000 (€ 4,000). Germany ranks 14th in this ranking with US $ 211,000 (€ 168,800). These are the top 10 richest countries in the world:

10. Singapore (per capita wealth: € 232,000)

The island and city state of Singapore is indeed the smallest state in Southeast Asia in terms of area, but the country with over 5.3 million inhabitants is considered to be particularly prosperous. Singapore has developed from an emerging market to an industrialized state in recent years. Singapore is of great importance as an Asian financial center and transport hub. The per capita wealth recently climbed by US $ 5,600 (€ 4,480), but Singapore slipped three places in the ranking.

9. Great Britain (per capita wealth: € 234,400)

Great Britain was the beneficiary. For the first time, the United Kingdom of Great Britain made it into the top 10 richest countries in the world. Prosperity on the neighboring island grew by 20% in the previous year, with per capita income reaching a value of US $ 293,000. The financial center of London in particular is one of the most important financial markets in the world - the UK economy has also benefited from this recently.

8. Denmark (per capita wealth: € 234,400)

Denmark is relatively small with a good 5.6 million inhabitants, but wealth there has also grown continuously in recent years and is now on par with Great Britain in terms of prosperity. The country is mainly characterized by a strong medium-sized industry, at the same time Denmark is also playing a pioneering role in renewable energies. For example, the world's largest wind turbine manufacturer Vestas Wind Systems comes from Denmark.

7. Belgium (per capita wealth: € 240,800)

With more than 11 million inhabitants and an average per capita wealth of US $ 301,000 (€ 240,800), Belgium is actually one of the richest countries in Europe. But the impression is wrong, because Belgium, like the crisis states of southern Europe, is heavily indebted. In the previous year, Belgium's debts totaled almost 375 billion euros, which meant that Germany's neighboring country was indebted to around 100% of its economic output.

6. France (per capita wealth: € 253,600)

France is the fifth largest economy in the world in terms of gross domestic product (GDP). France is not only a popular travel destination for tourists, the country also has a strong banking sector and is one of the leaders in the automotive industry (PSA Peugeot Citroen). However, there are always problems with the escalating national debt, which in 2013 reached around 94% of the gross national product. The level of the national debt of France climbed to € 2,018 trillion in 2014.

5. Sweden (per capita wealth: € 266,400)

Sweden is more than just Ikea. The country with almost 10 million inhabitants is considered very social and has a strong service sector. Research and development also play a major role in Sweden. Sweden is also strong in wireless communication technologies (Ericsson) and in the biotechnology sector. In 2014 the Swedish central bank cut the key interest rate to a historic level of 0.0% in order to escape the deflationary spiral.

4. USA (per capita wealth: € 278,400)

The land of opportunity lives up to its reputation. The USA has made further progress in the current ranking and has overtaken Sweden. With a per capita wealth of US $ 348,000 (€ 278,400), the USA is one of the richest countries in the world, although it is highly indebted (national debt: US $ 18,527 billion). But the US remains economically strong, especially in the oil and technology sector. US companies such as Apple, Intel, Microsoft, IBM and Google set the tone worldwide.

3. Norway (per capita wealth: € 287,200)

Norway owes its wealth above all to high oil and natural gas deposits. The country with a population of over 5 million is the fifth largest supplier of crude oil and the second largest supplier of natural gas in Europe. In addition, a gigantic new extraction area was discovered in the Norwegian North Sea in 2011, which has been considered a major North Sea find for 30 years. With a per capita wealth of US $ 359,000 (€ 287,200), prosperity in Norway is one of the highest in the world, while unemployment is one of the lowest at just over 3.0%.

2. Australia (per capita wealth: € 344,800)

Australia not only has a unique biodiversity in terms of wildlife, Down Under can also score points in terms of economic growth. Australia has grown continuously since 1992, which the country owes above all to its wealth of natural resources. Almost 20% of the gross domestic product is generated through raw material exports (coal, iron ore, uranium, etc.). Australia also regularly scores top marks in terms of labor productivity.

1. Switzerland (per capita wealth: € 464,000)

Switzerland has been at the top of the top 10 richest countries in the world for years. The country with more than 8 million inhabitants benefits from stable political conditions and a strong banking sector. Names like Credit Suisse and UBS stand for serious asset management around the world. The entire financial sector contributes more than 10% to the gross value added in Switzerland, the per capita wealth recently reached a new record level of 581,000 US- $ (464,000 €).

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