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What is the Poorest Country in Asia 2024?

Published in Poorest Countries Asia 2 mins read

The poorest country in Asia in 2024, based on GDP per capita, is Yemen.

According to data cited by Forbes India, "The poorest country in Asia is Yemen, with a GDP per capita of $2,000." This figure places Yemen at the bottom among Asian nations when using Gross Domestic Product (GDP) per person as the primary indicator of economic well-being.

Understanding GDP Per Capita

GDP per capita is a widely used metric to gauge the average economic output and, by extension, the average standard of living within a country. It is calculated by dividing the country's total GDP by its population. A lower GDP per capita generally suggests:

  • Lower average income levels.
  • Limited access to essential services like healthcare and education.
  • Higher prevalence of poverty.

Yemen's Economic Situation

Yemen's designation as the poorest country in Asia reflects severe economic challenges, often stemming from conflict, instability, and humanitarian crises. A GDP per capita of $2,000 indicates significant economic hardship for the majority of its population.

Metric Value
Country Yemen
Continent Asia
GDP Per Capita $2,000
Source Forbes India

This economic status highlights the urgent need for humanitarian aid and long-term development initiatives in the country.

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