THE RICHEST PEOPLE IN THE WORLD



Housing area of common man in Luxembourg

The following are the richest people in the world in GDP per capita income of 2022.

1. Luxembourg        $1,42,214
2. Singapore            $1,27,565
3. Ireland                  $1,26,905
4. Norway                 $1,14,899
5. Qatar                     $1,14,648
6. UAE                          $87,729
7. Switzerland             $83,598
8. USA                          $76,399
9. Denmark                  $74,005
10.Netherlands           $69,577

When the above are the richest countries in the world we may find where India stands in the list. The rankings of India and some selected countries are also given below for the readers to evaluate the economic growth of the people of our country.

120. India                          $8,379
72. China                          $21,476
43. Israel                          $49,509
56. Malaysia                    $33,434
96. Indonesia                  $14,653
101.Vietnam                   $13,457

Though India have large GDP and stands fifth in the world, the huge population makes our GDP per capita income low is the argument brought by some of our economists and politicians. This does not seems to be reliable when we compare the population of India and China as both countries have current population above 1.40 billion (India- 1.45 bn and China 1.41 bn). Despite this the GDP pci of China is about three times that of India. The GDP pci of Sri Lanka is also much more than that of India.

However our political stalwarts loudly speak that India is about to be the richest among the top countries in the world. Country becoming rich without people having sufficient food and roof to live in can only be seen as a comedy.

K V George 

 



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