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.