ASIATODAY.ID, JAKARTA – Asia is listed as one of the few regions that is predicted to perform better than other regions in the world. Asian economies face a mix of economic instability and economic growth.
The Asian economy is expected to continue to grow with various recovery challenges from the Covid-19 pandemic to heating up global geopolitics. However, the large number of poor countries in Asia shows a reality that reflects economic inequality on this continent.
The status of the poorest country in Asia refers to countries with the lowest Gross National Income (GNI) per capita in the region.
The following are the 5 poorest countries in Asia based on GNI per capita, quoted from Insider Monkey.
Afghanistan
Afghanistan is the poorest country in the world and has suffered from decades of war. As of 2021, Afghanistan had a GNI per capita of US$356 in 2021.
Syria
Syria had a GNI per capita of US$421 in 2021. The country has suffered greatly from the war and continues to face more threats. Syria ranks second among the poorest countries in Asia based on GNI per capita.
Yemen
Yemen has a GNI of US$21.89 billion and is one of the poorest countries in the world. According to the World Bank, Yemen experienced a 52% contraction in real GNI per capita from 2015 to 2022, leaving much of its population in crisis.
Sri Lanka
Sri Lanka’s economy has suffered. However, as of March 22, the condition of Sri Lanka’s debt-ridden economy has gradually started to improve, as per the IMF. Sri Lanka is one of the poorest countries in Asia based on GNI per capita. GNI per capita in 2022 is US$3,354.
Timor Leste
Timor Leste has a GNI of US$2.04 billion and a GNI per capita of US$3,706. Timor Leste is ranked fifth among the poorest countries in Asia. Timor Leste is a country that separated from Indonesia. Timor Leste was previously part of East Timor Province. (AT Network)
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