Richest countries of the world and why the 80-20 rule exists with 20% rich and 80% (between Middling and below)

[Abdulaziz Al-Karimi]

There are middling countries and Poor countries but there is huge different between a middling country and a poor one but they make up of the 80% together and if you spread them into groups they would probably become 40 and 40 but that is not our goal here but instead the main 80-20% rule which is rich(20%) and the rest (80%).

What's the 80-20 Rule? The 80-20 rule is a principle that states 80% of all outcomes are derived from 20% of causes. It's used to determine the factors (typically, in a business situation) that are most responsible for success and then focus on them to improve results. The 80-20 Rule (aka Pareto Principle): What It Is, How It Works.

Now lets move onto this and also one thing to note is that a GDP per capita doesn't say everything in many cases example like China it is a rich country and developed just because it has large population which lowers the per capita GDP doesn't mean China is poor but wealthy because you have to factor in the infras of China which is outstanding. Shenzen, Shanghai, Hong Kong etc etc.

Now lets dive deep into this place and name the richest countries in the world.

Asia and Oceania:

1.Taiwan
2. South Korea
3. Japan
4. Singapore
5. Malaysia
6. Brunei
7. China
8. New Zealand
9. Australia

Middle East and Central Asia:

10. United Arab emirates
11. Saudi Arabia
12. Qatar
13. Israel
14. Kuwait
15. Oman
16. Bahrain
17. Kazakhstan


North America:

18. US
19. Canada

Europe:

20.Germany
21.Denmark
22.Sweden
23. Norway
24. Finland
25. Holland
26. Belgium
27. France
28. Switzerland
29. Austria
30. Poland
31. Czech Republic
32. Turkey
33. Greece
34. Hungary
35. Spain
36. Portugal
37. UK
38. Ireland

 

[Titanium100]

western economic domination is reality.. They have 22 wealthy while 5 for asia and 10 muslim and one jewish.. Together they are 17 meaning the West has more then them all combined

 

[Abdulaziz Al-Karimi]

With Dollar change things will shake up differently in the next 10 years and countries I believe will enter the higher list is the following countries.

Panama, Indonesia, Vietnam, Romania, (All of the Balkan and currently they lack infras big time) Georgia, Azerbaijan and Argentina (This one is a big if)

I think Vietnam, Indonesia and Panama will get there in the next 10 years they are higher up middling and on the road they are making big infras build up and monetary revolutions and developing at faster pace. While Romania is already here but needs infras upgrading.

As for Africa Bostwana will rise

 

[lydian fall]

Israel is not a country

 

[BHAN85]

money is not a richness.

100 millions dollars in one person means a lot less real resources consumption than 1 dollar in 100 millions people (and it's the same amount of money).

if you are so rich, you can't eat 1 ton of wheat by day, but one million poor people certainly will eat more than 1 ton of wheat by day.