Tuesday, February 15, 2011

Richest Countries in the World

According to the International Monetary Fund data for the year 2010, Luxembourg comes in at the number one spot for the richest country based on their GDP or Gross Domestic Product.  Lottery winners looking at investing their money in business, etc. may take into account that this country is known for its stability - high income economy, moderate growth, low inflation rates, as well as low unemployment.

Countries Norway, Qatar, Switzerland and Denmark follow the list. However, Qatar seems to be catching up quickly with Luxembourg, with its growing budget surplus. Proved oil reserves of 15 billion barrels should enable continued output at current levels for 37 years. Qatar's proved reserves of natural gas are nearly 26 trillion cubic meters, about 14% of the world total and third largest in the world. Win the lotto and invest your money!


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