Size doesn’t always mean wealth when it comes to the world’s richest countries, according to data published in April by the International Monetary Fund.

Twice a year the IMF releases a huge dump of data about the economic power of the world’s nations, with gross domestic product (GDP) per capita a key statistic. The IMF ranks the world’s countries according to their GDP based on purchasing power parity (PPP) per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

The small countries that dominate the top ten all have small populations compared to countries that lead the world purely in terms of GDP – such as the United States, China, or Germany.

Most of these small nations heavily depend on immigrant workers who often do not reside in the country they are working in or are not granted resident status, and are therefore not counted in the GDP per capita calculations.

We've included all the countries with a GDP per capita higher than $45,000 per year. Check them out below.

29. France — $45,473

Foto: source Jose Ignacio Soto / Shutterstock

28. United Kingdom — $45,565

Foto: source Ian Wilson/Flickr

27. Oman — $45,723

Foto: source Shutterstock/lkpro

26. Finland — $46,342

Foto: The Northern Lights over Kuopio, Finland. source Unsplash/Niilo Isotalo

25. Belgium — $48,258

Foto: source Mapics/Shutterstock

24. Canada — $49,775

Foto: source Jeff Vinnick/Getty Image

23. Bahrain — $50,102

Foto: source trabantos/Shutterstock

22. Denmark — $51,643

Foto: People biking along the lakes in Copenhagen, Denmark source Kristoffer Trolle/Flickr

21. Austria — $51,936

Foto: source minnystock/

20. Australia — $52,190

Foto: source kitsada wetchasart/Shutterstock

19. Taiwan — $52,304

Foto: source Sean Pavone / iStock

18. Germany — $52,801

Foto: source Getty Images

17. Sweden — $53,077

Foto: Fans of Sweden ahead of the FIFA 2018 World Cup Qualifier between Sweden and France at Friends Arena on June 9, 2017 in Solna, Sweden. source Nils Petter Nilsson/Ombrello/Getty Images

16. Iceland — $54,121

Foto: source Wow Air

15. Saudi Arabia — $55,859

Foto: source

14. Netherlands — $56,435

Foto: source JeniFoto/Shutterstock

13. San Marino — $61,169

Foto: Guaita, the First Tower of San Marino source Shutterstock / Leonid Andronov

12. United States of America — $62,152

Foto: source Flickr / Zach Dischner

11. Switzerland — $63,379

Foto: source Getty Images

10. Hong Kong — $64,533

Foto: A cityscape of Hong Kong is see from the Peak on August 8, 2000, moments after sunset. source Bobby Yip/Reuters

9. Kuwait — $66,673

Foto: source meSohrab/Flickr

8. United Arab Emirates — $68,662

Foto: An aerial view taken from a sea plane shows Swiss pilot and original Jetman Yves Rossy and Vince Reffett flying over Dubai's Palm Island, Dubai, United Arab Emirates source Lara Sukhtian

7. Norway — $74,065

Foto: Norway's team supporters hold a giant national flag during their 2012 IIHF men's ice hockey World Championship game with Latvia in Stockholm May 12, 2012. source Reuters

6. Brunei — $79,726

Foto: Sultan Omar Ali Saifuddien Mosque, Brunei. source Flickr/bvi4092

5. Ireland — $79,924

Foto: source Stefano_Valeri/Shutterstock

4. Singapore — $98,014

Foto: Singapore's port. source Wikimedia Commons

3. Luxembourg — $110,870

Foto: source Will Martin/Business Insider

2. Macau — $122,489

Foto: source Unsplash/Healthycliff Syndor

1. Qatar — $128,702

Foto: A traditional dhow floats at the Corniche Bay area as tall buildings of the financial district provide a back drop, a day ahead of the start of AFC Asian Cup soccer tournament in Doha, Qatar, Thursday Jan. 6, 2011. source AP Photo/Saurabh Das