2) Luxembourg – $79,785 (GDP per capita)

Luxembourg has a stable and high income market economy. Its iron and steel industry has contributed significantly to its economy.

1) Qatar – $96,993 (GDP per capita)

Qatar is the richest country in the world. This sovereign Arab nation relies heavily on foreign labor to grow its economy. The nation has proven oil reserves of 15 billion barrels.

The policies of some of the above-mentioned nations are worth emulation.