Taiwan was listed in 14th place among the world's wealthiest country in terms of GDP per capita, in the latest rankings released on Monday by Forbes magazine.
Taiwan's GDP per capita was US$76,860, which put it at No. 14 on the list of the World's 100 Richest Countries this year, one spot above Hong Kong with US$75,130.
Photo: CNA
The magazine's list of the richest countries in the world is compiled based on GDP per capita data, as estimated by the IMF.
However, for a more precise measure of a nation's wealth, the magazine also considers purchasing power parity, which is a metric used to compare economic productivity and standards of living between countries.
Luxembourg topped this year's Forbes list with a GDP per capita of US$143,740, followed by Macau with US$134,140, Ireland US$133,900, Singapore US$133,740 and Qatar US$112,280.
The United Arab Emirates was No. 6 with a GDP per capita of US$96,850, ahead of Switzerland with US$91,930, San Marino US$86,990, the US US$85,370 and Norway US$82,830.
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