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Showing posts from April, 2019

The Poorest Countries in Asia

Asia is the  largest continent  in the world as well as the most populous. While Asia is home to some of the strongest economies in the world, such as China, there are also some weaker economies. For the purposes of this analysis, a country’s measure of wealth is calculated based on the nominal gross domestic product (GDP) per capita at purchasing power parity (PPP). The GDP per capita method based on the PPP is preferred because it provides a clearer picture of a nation by accounting for inflation and the cost of living. According to this measure, the poorest country in Asia is Afghanistan, followed by Yemen and Nepal. The Poorest Countries in Asia Data from the 2017  International Monetary Fund  shows that Afghanistan was the poorest country in Asia with a GDP per capita of $1,889. The second poorest country was Yemen with $2,300 while Nepal was third with about $2,690. Closing the top five was Tajikistan and Kyrgyzstan with $3,131 and $3,652 in the fourth and the fifth po

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