{"id":118662,"date":"2016-04-01T13:19:15","date_gmt":"2016-04-01T11:19:15","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=118662"},"modified":"2016-04-01T13:19:15","modified_gmt":"2016-04-01T11:19:15","slug":"south-africa-vs-the-richest-countries-in-the-world-in-2016","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/118662\/south-africa-vs-the-richest-countries-in-the-world-in-2016\/","title":{"rendered":"South Africa vs the richest countries in the world in 2016"},"content":{"rendered":"

Global Finance has ranked the world’s 10 richest countries by GDP per capita – taking purchasing power parity into account.<\/p>\n

The group’s data<\/a> is based on estimates of 2015 GDP, spread across a country’s populace, which is seen as the fairest way to run a nation-against-nation comparison.<\/p>\n

South Africa is ranked 87th on list, with an estimated GDP per capita of $13,078 (R) in PPP terms.<\/p>\n

This is above countries such as Egypt and Tunisia – but is below Mauritius, making it only the second-highest on the African continent. The continent’s GDP leader, Nigeria, only has a GDP per capita of $6,467 – 124th in the ranking.<\/p>\n

Leading by some margin is Qatar, which has an estimated GDP per capita of over $146,000.<\/p>\n

According to Global Finance, Qatar has a rapidly-growing economy that received a boost from infrastructure projects around the 2022 FIFA World Cup, as well as being shielded by lower oil prices thanks to gas exports.<\/p>\n

The closest nation to creep up on Qatar is Luxembourg, which, thanks to a strong financial services sector and low debt, has an estimated GDP per capita of $94,167 (PPP).<\/p>\n

Here are the richest – and poorest – countries in the world.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nCountry<\/th>\nGDP per capita (USD, PPP)<\/th>\n<\/tr>\n
1<\/td>\nQatar<\/td>\n146 011<\/td>\n<\/tr>\n
2<\/td>\nLuxembourg<\/td>\n94 167<\/td>\n<\/tr>\n
3<\/td>\nSingapore<\/td>\n84 821<\/td>\n<\/tr>\n
4<\/td>\nBrunei Darussalam<\/td>\n80 335<\/td>\n<\/tr>\n
5<\/td>\nKuwait<\/td>\n71 600<\/td>\n<\/tr>\n
6<\/td>\nNorway<\/td>\n67 619<\/td>\n<\/tr>\n
7<\/td>\nUnited Arab Emirates<\/td>\n67 201<\/td>\n<\/tr>\n
8<\/td>\nHong Kong<\/td>\n57 676<\/td>\n<\/tr>\n
9<\/td>\nUnited States<\/td>\n56 815<\/td>\n<\/tr>\n
10<\/td>\nSwitzerland<\/td>\n57 045<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
87<\/td>\nSouth Africa<\/td>\n13 078<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
176<\/td>\nMadagascar<\/td>\n1 477<\/td>\n<\/tr>\n
177<\/td>\nGuinea<\/td>\n1 388<\/td>\n<\/tr>\n
178<\/td>\nEritrea<\/td>\n1 210<\/td>\n<\/tr>\n
179<\/td>\nMozambique<\/td>\n1 208<\/td>\n<\/tr>\n
180<\/td>\nNiger<\/td>\n1 069<\/td>\n<\/tr>\n
181<\/td>\nBurundi<\/td>\n951<\/td>\n<\/tr>\n
182<\/td>\nLiberia<\/td>\n934<\/td>\n<\/tr>\n
183<\/td>\nMalawi<\/td>\n819<\/td>\n<\/tr>\n
184<\/td>\nDemocratic Republic of Congo<\/td>\n753<\/td>\n<\/tr>\n
185<\/td>\nCentral African Republic<\/td>\n639<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

More on South Africa<\/h3>\n

The best brands in South Africa 2016<\/a><\/strong><\/p>\n

South Africa has the lowest life expectancy in the world<\/a><\/strong><\/p>\n

Most popular mobile phones in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Global Finance has ranked the world’s ten richest countries by GDP per capita – taking purchasing power parity into account.<\/p>\n","protected":false},"author":10,"featured_media":114832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2720,11296,26,5723],"class_list":["post-118662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-gdp","tag-global-finance","tag-headline","tag-money"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/118662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=118662"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/118662\/revisions"}],"predecessor-version":[{"id":118688,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/118662\/revisions\/118688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/114832"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=118662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=118662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=118662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}