Local Turkey

Global Finance Magazine declares Qatar richest country in the region

UAE ranked as the second richest while Bahrain comes third

The Global Finance Magazine declared Qatar first richest country in the region and fourth in the world with a per capita share of $93,508 followed by the UAE, which ranked 11th globally with a share of $58,753.

According to the Global Finance Magazine, Bahrain ranked third richest country in the region and 23rd globally with a share of $48,766 followed by Saudi Arabia, which ranked 25th with a share of $46,811.

Kuwait has also been declared the fifth richest country in the Gulf and the Arab world; while it ranked 32nd globally in terms of GDP per capita according to purchasing power parity (PPP) with a share of $41,621.

Source
gulfnews

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button