10 Most Rich Countries In The World

P eople says they have discovered the secret to overall happiness and it has nothing to do with money. “Money cannot buy happiness”, this phase is true but there is another truth behind this statement that shows money can definitely lead you to feel happier overall.

Everything in the world claims money and that is the true statement. Let's talk about the countries. Do you know the ranks are given to the countries according to the metrics: GDP ( gross domestic product ), it is the value of all services and goods produced by a country within a year and is divided by the mean of the population of that year. The GDP value of a country is a great way of measuring the wealth of a country as it takes the standard of living.

Do you know which are the richest countries in the world? Let's have a look:

Luxembourg ( Europe )

Luxembourg, the country in Europe has been classified as the richest country in the world by the IMF a, the GDP of the country in 2017 was 107,053 USD and in 2019, the country's GDP increased to 119,719 USD that is approximately 2.8% till 2020 .

Luxembourg is not great in wealth but it has a diverse culture, fine wine, and unexpected beauties. This city is rich in great medieval architecture, many natural wonders, and authentic charm.

Not only this, there are hearty meals which you can enjoy in the restaurants and even street food will make you fully satisfied. The local freshwater fish, baked pastries, mouthwatering desserts and fine wine can make a perfect evening in this beautiful city of Europe .

Slovakia ( Central Europe )

Slovakia is expected to continue enjoying the economic expansion over the next two years declared by the IMF. As the estimated GDP growth rate is 2.7% in 2020 . This is due to the increase in the foreign market, and also improvements in the labor market.

Slovakia is an awesome country to visit. Though the area is small, there is nothing that you can't find and enjoy in this city. Everything from natural treasures and historical monuments to amazing food and rich folk culture. This place is full of entertainment.

Qatar ( Western Asia )

Qatar managed to avoid detaining its economy, following an economic blockade imposed by a Saudi-led coalition in 2017, in accusations that the country had been funding terrorism. GDP growth of this country it is expected to reach 2.8% by 2020 and was 2% in 2019. This is due to the country is hosting the FIFA World Cup in 2022.

Qatar is a traditional rich country, within forty years the small country turned out to be the best tourist place. The ancient pursuit of falconry, watch camels race across the desert, and wooden cargo boats bobbing on the water, the country is growing rapidly with many mega malls and multinational brands are in here. And if you a foodie and nonveg lover, then this place is for you. Mouthwatering lamb or chicken stews, cheese, olives, and coffee.

Estonia ( Northern European )

Estonia's economic growth got down from 3.2% in 2019 to 2.9% in 2020 . This was because of slow investment activity and a decline in household consumption. But they recover with the sectors like IT, professional, scientific and technical and wholesale.

Estonia is located on the Baltic Sea and the Gulf of Finland has made it a desirable place of real estate. Estonian cuisine is traditionally based on meat and potatoes, and on fish in coastal and lakeside areas. The natural beauty of this city attracts a lot of tourist every year.

United State Of America ( USA)

The US economy falls off by an annualized 4.8 percent in the first quarter of 2020 due to pandemic COVID 19, and it was the longest period of expansion in the country's history. But still, the country gains its GDP by 2.9 % in 2020 . And the GDP value of the US represents 17.50 % of the world economy.

United States can only depend on your personal interests as there is too much to see in this awesome country USA. Starting from the Eastern Seaboard, we have New York and Washington D.C. which offers two uniquely different city experiences. Then along the West Coast, San Francisco and Los Angeles are the hot spots for tourists. Southwest, Las Vegas brings the desert to life, and the Grand Canyon is one the nature's greatest creations.

These are just a few locations but you will find much more in there and you can have almost every type of cuisine while enjoying such wonderful destinations. Must try some traditional dishes of this place like apple pie, hamburger, clam chowder, etc.

Slovenia ( Balkans )

Slovenia's economy is anticipated to expand by 2.9% in 2020 . And there will increase in wages and higher rate of employment and moreover household consumption will be boosted. However, wage increases may be a barrier to export growth but will surely help in the expansion of GDP.

Slovenia is a scenic country with a fantastic locations. Plan your trip to this beautiful country and you can enjoy vibrant cities, charming villages, snow-capped mountains, and beaches.

Not only this, you can explore a lot in food as the food here is to delight your tastebud. Dishes like local dumplings, cheese, sausages, and a glass of wine. Do plan a trip to this eye-catchy place.

Chile ( South America )

The Chilean economy has seen rapid growth over the last few years. As a result, the percentage of the citizen living in poverty is less and has reduced from 30% in 2000 to 6.4% in 2017 declared by the World Bank. The economy of the country is expected to see further growth of up to 3% in 2020.

Chile is a beautiful country and there are many places which can give you a glimpse of South America. Chile has attracted a lot of tourists towards itself and is now one of the most interesting travel locations. Places like Torres Del Paine National Park, Valle de la Luna, and Santiago are must-visit places of this beautiful country and yes don't forget about the food do try local street food like Ajiaco, Caldillo de congrio, and Chapelle.

Ireland ( Europe )

Ireland's economic expansion is due the growth in consumer spending, increased wages and moreover investment in construction is a big factor and the expected rate of GDP is 3.5% in 2020 . Though, the rate of growth was slow down due to the reason for weaker global growth and less business investment.

Ireland is ranked the top 17 tourist attracted location. Places to visit which attracted the tourists a lot are The state museums, heritage sites and there are many outdoor pursuits to enjoy countrywide, such as horse riding, golf, sailing.

Talking about the food Irish food is liked by many: soya bread, shellfish, Colcannon and champ, and many more. One should try these mouthwatering dishes when in Ireland.

China ( East Asia )

The IMF reported the growth GDP around 5.8% in 2020 which can be set down by 5.6% till 2023. This economic slowdown is due to weaker demand from both domestic and international sectors. However, as the country is implementing significant structural reforms, for the future growth to be more sustainable.

China can give you epic travel experience as there are many places that can amaze you in many ways. Mysterious destinations that take travelers back in time to see the world’s oldest places like Forbidden City, Temple of Heaven, Great Wall Of China, and Leshan Giant Buddha and many more are must-visit places of china.

Let's talk about the food which you can enjoy while traveling in this country of treasures. Street food is much popular than the food of fine dining, dishes like Dumpling, Chow Mein, and Sweet and Sour Pork Fillet. Chinese food is quite famous and favorite in many other countries too. So do try the food of the origin.

India ( South Asia )

India is the fastest-growing trillion-dollar economy in the world with a nominal GDP of $2.94 trillion. The predicted GDP rate is 7% in 2020 , from 6.1%. The country has seen huge economic expansion within last two decades due to its focus on the services industry, and large investment from international companies.

Culture rich country India with such a vast diversity is at top position when it comes to places to must visit. Tourists take a tour of India to endure the beauty and simplicity of this country. If you plan a tour to India do visit Goa is the place for party lovers, Manali if you want to enjoy the heaven amidst the hills, Kerala the state own's by god beauty. There are more than 100 places that you can enjoy.

India is multi-cuisine national and Indian good is one of the most tasty food which you should try . Dishes like Masala Dosa, Rogan Josh, Indian chaats, Tunde ke Kabab, Beef roast and Parotta and Dhokla are such a mouthwatering dishes.