Kuwait came in Forbes magazine’s list of America’s richest countries in the world, ranked 15. When dissolved in Qatar in the first place worldwide, and the United Arab Emirates on the sixth of the world .
said «Forbes»: The classification of these rich countries was in accordance with each individual share of gross domestic product (GDP), and amended according to the purchasing power of about 182 countries.
The magazine used data issued by the International Monetary Fund for the year 2010, the last available data, while the GDP figures for some countries only predictions. And take the magazine into account in the classification of this cost of living is relatively high, and inflation rates, rather than the exchange rate only, which may distort the real differences in wealth .
Commenting on this, says Assistant Professor of Science in Economics at the University of New York, Gian Luca Clementi, that’s the way The only available to compare GDP between countries, the most acceptable means in the calculations. There are a range of issues that are used to compare GDP between one country and another may be misleading, including the contrast quality of the goods from one country to another ».
Add to that in some countries, the distribution of wealth fairly, while in others this is not done, as seen Clemente .
at the same magazine pointed out that Kuwait is dependent on its oil reserves in the formation of half its gross domestic product, at least, and all their revenues from oil exports , as well as government revenue almost. The per capita income reached about 38.7 thousand dollars .
on the other hand, the magazine said that if the force is measured by wealth, have the right of the State of Qatar to review its muscles, as the richest country in the world. Although the number of a population of no more than 1.7 million, the GDP per citizen, which is the highest among the other rates thanks to booming oil prices and the huge reserves of natural gas. After adjusting for purchasing power, Qatar has a domestic product total for each person over 88 thousand dollars as in 2010 .
The poorest countries are located in the continent of Africa, which suffers some of the countries of economic weakness and political, namely, Burundi, Liberia and the Democratic Republic of Congo, with a GDP per capita to 400, and 386, and $ 312 per year respectively .