Top 20 richest countries in the world for 2016- See where Nigeria is despite recession

8. Switzerland

Rich, peaceful and perpetually neutral, Switzerland has a modern economy with a learned labor force with per-capita income of $44,452.  Its banks are acclaimed the world over. Along with low taxes, efficient markets, predictable rules and modern infrastructure, these characteristics have allowed Switzerland’s economy to continuously progress.

9. San Marino

San Marino’s tourism and banking sectors have accounted for its economy’s success with per-capita income of $43,090.  It faces a challenge, however, because of pressure from the international community for the country to improve the transparency of its banking industry. Foreign companies are keen on setting up shop here because of its low tax rates.