Compiled by Citibank and a property consultancy Knight Frank predicts that Singapore will be the world’s richest nation by 2050.
And by that, they mean its per capita GDP at purchasing power parity. (For those who skipped economics class, this attempts to more accurately measure the average income by considering inflation, cost of living and exchange rates.)
1. Singapore: $137,710
2. Hong Kong: $116,639
3. Taiwan: $114,093
4. South Korea: $107,752
And sliding in at number five, the only non-Asian nation, the U.S.: $100,802
Read more: globalpost