Qatar has been ranked as the world's richest country per capita in a new list compiled by US-based Forbes magazine. Blessed with the third-largest natural gas reserves in the world, the Arab Gulf emirate of 1.7 million people is benefitting from a rebound in oil prices. Adjusted for purchasing power (PPP), Qatar has an estimated gross domestic product per capita of $88,222.
In second place on the list is Luxembourg, with a per capita GDP on a purchasing-power parity (PPP) basis of $81,466.
Technology, manufacturing and finance hub Singapore is ranked third on the list. The country’s GDP (PPP) per capita is $56,694
