The economy of Kuwait is a wealthy petroleum-based economy. Europe's history features many innovations and civilizations, and it continues to dominate in areas such as technology, exports, industrialization, engineering, and services. China's Richest. The vast majority of economic activity in this urban area takes place in the services sector, which really began to grow just after the end of World War II. Quality of Life is defined as the general well-being of people that outlines the positive and negative aspects of life. China's Richest ... what might make life blissful for a city lover could be close to purgatory for a dedicated lover of rural life. The Norwegian government extensively regulates the nation's petroleum resources, and the sector accounts for 37% of the exports, 12% of GDP, 9% of the labor force, and 13% of the country's revenue. Luxembourg has been stable for decades, and good governance has facilitated its economic development. Quality of Life has a wider and broad range of contexts and are used in fields such as politics, healthcare, employment, and international development. Luxembourg City in Luxembourg, ranked as Europe's richest country. Quality of Life is not the same as Standard of Living which is primarily based on income. But the report also uses statistics to explain why one country is happier than another. The "Strengberg" tobacco factory. The country further sets aside a portion of petroleum state revenue in a sovereign wealth fund worth $900 billion making it the world's largest. The town ... who also became one of the richest men in Finland. The health and wealth of an economy may be measured using a number of factors. The Greater London metropolitan area of England is the second richest city in Europe. Its members have a combined area of 4,233,255.3 km 2 (1,634,469.0 sq mi) and an estimated total population of about 447 million. All maps, graphics, flags, photos and original descriptions © 2021 worldatlas.com. In fact, London is now often considered the global hub for financial services. This figure represents 15% of the national GDP. The economy of this city has grown primarily through the industrial sector throughout the 20th century and today, this sector has become a leader in the production of high technology goods. This position as the richest city is an increase from its 2011 rank when it came in second place to the Nordrhein-Westfalen region in Germany. Its iron and steel sector represents 7% of its economy, and it is home to ArcelorMittal which is the world's largest steelmaker. Non-petroleum industries include financial services. Luxembourg enjoys an extremely high-speed communication infrastructure coupled with many data centers, which enables the country to provide enormous global connectivity to the international network. Paris and its surrounding metropolitan area top the list of richest cities in Europe based on its 2012 GDP of $715.265 billion. This is an updated list of top 100 richest countries in the world by GDP (nominal) per capita . The average result is the country's score - ranging from Finland's 7.6 to Burundi's 2.9. The Kuwaiti dinar is the highest-valued unit of currency in the world. Harvard Management Company: $59,327,153,000 Ensign Peak Advisors, Inc. $124,000,000,000: Endowment: North America: 2. Switzerland is renowned for its high-end watches and clocks which are exported to countries in the Americas, Oceania, Europe, Africa, and Asia. An estimated 155 banking companies have operations in the State, many of which are foreign-owned. Europe's history features many innovations and civilizations, and it continues to dominate in areas such as technology, exports, industrialization, engineering, and services. The vast majority of economic activity in this urban area takes place in the services sector, which really began to grow just after the end of World War II. More recently, this city has seen a shift in economic activities, which has resulted in the service sector taking over as the primary revenue generator. The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. Most of the economic activity in this metropolitan region takes place in Cologne, Essen, and Düsseldorf. The country enacted widespread free market reforms in the 1990s which initially proved successful. Apr 15, ... Outside of Chile and Finland, most countries land somewhere between $14 and $26 to … Its exported watches in 2011 were valued at more than $20 billion. Rank Profile Total Assets Type Region; 1. The pharmaceuticals, financial services, software, medical technologies, and aircraft leasing are some of the country's other major sectors. Kuwait is the second richest GCC country per capita (after Qatar). More than 60 credit institutions are incorporated in the country. Of the roughly 841,000 company headquarters located in this city, around 15% are construction-based while 18% are science and technology-related or professional in nature. In the above list, you can see the current highest earning snooker players in the world. America's Richest Self-Made Women. Norway has one of the world's lowest-income inequalities as its policies facilitate education and innovation, and it has been able to reduce poverty and ensure that the majority of the inhabitants have jobs. The biggest industry in the Paris metropolitan area is services and commerce, which make up just over 80% of the companies in operation here. The country is home to Nestlé which is ranked as one of the biggest food companies in the world. One of the reliable ways of measuring a Nation’s wealth is through their GDP (which means Gross Domestic Product) per capita. America's Richest Self-Made Women. Many countries in continental Europe are ranked as some of the world's richest nations. Iceland has exploited its rich hydroelectric and geothermal energy sources to power its industries with the most important of these being aluminum smelting. Financial information of snooker players from tournaments prize money gathered from top sources of snooker. A financial crisis that lasted from 2007 to 2010 placed the nation in economic uncertainty that it had to acquire emergency funding from some European nations and the IMF. Industries in the nation also produce roof coating chemicals, pharmaceuticals, and chemicals for construction and industrial use. Mukesh Ambani, the chairman of Reliance Industries Ltd secured the first spot on the Forbes 10 richest billionaires 2021 list while Adani Group chairman Gautam Adani is in second place. According to the World Bank, Kuwait's economy it's the twenty seventh-largest by GDP per capita. Bordered by Scandinavia, Russia, the Baltic Sea and the Gulf of Bothnia, Finland and its vast stretches of heavily forested open land acts as a northern gate between West and East. The Swedish name literally means Jacob's City or Jacob's Town, in reference to Jacob De la Gardie. The 2021 Report includes data from the ICL-YouGov Behaviour Tracker as part of the COVID Data Hub from the Institute of Global Health Innovation. With a 2012 GDP of $356.372 billion, the metropolitan region of Madrid in Spain comes in as the 4th richest city in Europe. In 2012, this city reported a GDP of $714.975 billion, which makes up around 22% of the national GDP. The country is currently on course to full recovery. Ireland is among the top producers of lead and zinc in Europe which dominate its exports. Fisheries account for over 20% of Iceland's economy. Quality of Life touches upon life satisfaction, which includes attributes such as physical health, education, religious belief, employment, wealth, environment, and finance. Government incentives, low corporate taxes, a favorable business environment, and a stable labor force all sustain the country's economic prosperity. The third richest city in Europe is the Rhine-Ruhr metropolitan area of Germany which produced a GDP worth $415.772 billion in 2012. More than 7.000 tons of glittering gold bars, which is equivalent to about 5% of all the world’s gold ever mined. Many countries in continental Europe are ranked as some of the world's richest nations. How Many Countries Are Recognized By The United States. The Perfect City Motorcycle For 2021. Another wealthy European nation is Switzerland with a GDP per capita of 82,950 international dollars. The alcoholic beverage sector is one of Ireland's primary industries with a workforce of about 92,000. Total 40, richest snooker players with highest career earnings listed. The inhabitants of the rich European nations can afford a high standard of living thanks to the high GDP per capita. The economy of Paris is so large that it comprises roughly one-third of the national economy. One of the most common indicators of economic wealth is the gross domestic product (GDP) of a nation or region. Luxembourg has been keen on developing its technology and financial services industries in a move to diversify its economy. Iceland's GDP per capita is estimated at $74,278. Most of the European nations mentioned above ensure a high Quality of Life for their citizens. As the most important economic center in France, Paris is home to the vast majority of Fortune 500 headquarters located in this country (29 out of 31). The Greater London metropolitan area of England is the second richest city in Europe. This city serves as the largest financial center in Spain and hosts the headquarters of nearly three-quarters of the biggest companies located in this country. The city of Vaasa is located 98 km (61 mi) southwest of Jakobstad. Other important economic activities here include education, health, government, and financial services. READ MORE GDP The GDP is the total value of all the finished goods and services provided or manufactured within a particular region and period of time. Norway is highly endowed with natural gas, minerals, oil, fish, hydropower, and forests. New York City’s Federal Reserve Bank has the largest gold storage in the world Deep down in the heart of the financial district Wall Street, sits the largest storage of gold in the whole world. 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