Qatar ranked among top 10 richest countries in the world
The Peninsula
Doha: Qatar has been recognized as one of the world s wealthiest nations, securing a spot in the top 10 richest countries based on Gross Domestic Prod...
Doha: Qatar has been recognized as one of the world’s wealthiest nations, securing a spot in the top 10 richest countries based on Gross Domestic Product (GDP) per capita.
The report that assesses global wealth based on GDP per capita adjusted for Purchasing Power Parity (PPP), highlighted Qatar’s substantial economic achievements, positioning it among the richest countries in the world.
This ranking reflects a significant recognition of the nation’s economic stability and the high standard of living enjoyed by its residents.
Initially, Qatar ranked fourth as per a report issued by Global Finance magazine in January 2024.
However, it was placed seventh in more recent updates shared by Forbes India and NDTV World in April 2024, based on the International Monetary Fund (IMF) data.
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