Money is a crucial aspect of today’s life. From a common person to gigantic nations, money runs everything. Good finances assure great stability, purchasing, and procuring power which overall aids in development and happiness. In a study, it has been observed that people who are financially stable are considered more content with their lives. Moreover, nations that are very good at managing their budgets often provide more security, health, and education to their people. Today, we will check out the most privileged nations in the world.
- Switzerland
Switzerland is a country blessed with nature. Its high Alps peaks, huge snowy mountains, clean river, and overall greenery incite lots of tourists to visit every year. The disposable household income per capita is around $42,100 while the median wealth of Adults per year is over $227k. It’s staggering to know that Switzerland has the highest percentage of USD millionaires in its adult population which goes beyond 11%. Even though it is considered a very expensive country, it is also the least corrupt country in the world.
- Australia
With a population of 25 million and an area of 7.6 million square kilometers, Australia is the only country in the world that is also a continent. More than 30% of the country’s total population is made of immigrants. The disposable household income per capita in Australia is $41000 while per capita wealth is around $181360. The country has a high percentage of millionaires which is more than 6%. The 2021 estimates show that the overall GDP of the nation is 1.61 trillion United States dollars.
- Iceland
The population density of Iceland is 3.5 per square kilometer which is lower than 90% of the nations around the globe. With a population of 371,000, the total GDP of Iceland is $19.8 billion United States dollars. The per capita disposable income of households is 42.7k and the millionaire percentage in the adult population is 6.50% which is higher than that of Australia. The country reserves a very special spot on the globe as it is located in the middle of the Arctic Ocean and the North Atlantic Ocean. Being the 18th largest island in the world, Iceland comprises several smaller islands. Most of its region is tundra.
- United States
The United States is not only one of the biggest countries in the world but also one of the most powerful and wealthiest too. The per capita income is more than 68,000 United States dollars. The total population of the country is 327 million while the number of USD dollars millionaire % of the adult population is 7.60%. The United States is known for its vast greenery and wildlife. Made of 50 states, a federal district, and five territories, the country focuses primarily on building its economic and military strength. The low rate of corruption encourages several startups to grow and get unicorn status.
Enough finances provide better business opportunities to the people of a nation which further contributes to the economy of the country.
