20 Richest Cities in the World by 2015 GDP Per Capita

Did you know that the wealthiest cities in the world are not based on the population, culture or expenditures? How do you determine whether a city is rich then? In most cases, the state of wealth of a certain city is measured by its Gross Domestic Product (GDP). What is a GDP? GDP is the total dollar value of all the output and services produced over a certain course of time or simply, it is the size of the economy. Unsurprisingly, these cities belong to the countries with a stable, well-performing economy, high literacy rates, high employment and low crime rates. Moreover, these cities have a high standard of living with extremely low rate of poverty. Now, the experts of Insidermonkey make a list of 20 richest cities in the world by 2015 GDP per Capita. Discover the cities with the highest GDP per capita.

A small size, a large endowment of natural resources and/or a highly developed banking system appear to be key ingredients for countries that hope to achieve high standards of living, not necessarily an easy model to replicate. In fact, according to the International Monetary Fund, the ranking of nations by per-capita income is dominated by those that possess such characteristics, starting with Qatar, which, in 2015, has an estimated per-capita GDP (PPP) more than 50% higher than second placed Luxembourg. The United States, which comes in at number nine is the only truly large and diverse economy on the list.You can also check our this article top 10 richest cities in the world.