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What is the Poorest Country in Asia?

Published in Asian Economies 2 mins read

The poorest country in Asia is Yemen.

Yemen: Asia's Poorest Nation

Based on available data, Yemen is identified as the country with the lowest economic standing in Asia. The nation faces significant challenges that contribute to its poverty levels.

Economic Situation in Yemen

According to recent information, Yemen has an estimated GDP per capita of $2,000. This figure is often used as a key indicator of a country's economic output per person and serves to rank nations by wealth.

However, it is important to note that obtaining precise and up-to-date economic statistics for Yemen is inherently difficult.

Factors Affecting Economic Assessment

The primary reason for the challenge in accurately assessing Yemen's economy is the prolonged period of instability and conflict.

  • Ongoing Conflicts: Years of internal and regional conflicts have devastated infrastructure, disrupted trade, displaced populations, and severely hindered economic activity.
  • Humanitarian Crisis: The conflict has also triggered a widespread humanitarian crisis, which further strains the economy and makes reliable data collection extremely challenging.

Despite these difficulties in getting exact figures, the existing information points to Yemen as having the lowest GDP per capita among Asian nations, positioning it as the poorest country in the continent.

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