
Considering the per capita income, Qatar is the richest country in the world. After the fall of Ottoman Empire in the First World War, Qatar became a British protectorate in 1916 and finally became a sovereign nation in 1971. The tiny peninsular country owns world's third largest natural gas reserves and is widely perceived to be a prominent power center in the Arab world. Facing Saudi Arabia from the South and the Persian Gulf from three sides, Qatar is presently embroiled in a crisis with it's neighbouring Arab giant which has had repercussions on the highly competitive geopolitics of the Middle East.

Luxembourg is the richest European country in the world with respect to per capita income.

Singapore is technically the richest country in South East Asia, according to the per capita income.

Brunei is the second richest country in the Middle East according to it's per capita income.

Ireland is the second richest European country according to it's per capita income.

Norway is the richest country in the Scandinavia according to it's per capita income.

Kuwait is the third richest country in the Gulf after Qatar and Brunei according to it's per capita income.

UAE is the seventh richest country in the world according to it's per capita income.

The 'Playground of Europe', Switzerland is the fourth richest country in the continent according to it's per capita income.

Hong Kong is the tenth richest country in the world according to it's per capita income.

San Marino is the fifth richest country in Europe according to it's per capita income.

United States, the biggest economy in the world is technically the twelfth richest country in the world taking the per capita income into consideration.

US is followed by Saudi Arabia as the thirteenth richest country in the world according to it's per capita income.

Netherlands is the fourteenth richest country in the world according to it's per capita income.

The list ends with Iceland which made its mark in the fifteen richest countries in the world according to it's per capita income.