GDP – Poor Nations Per Capita Income

Using data from the World Bank, I was working on a GDP per capita, Poor Nations Quiz for this post (follow-up to Rich Nations Quiz as well as my post on the book Plastic: A Toxic Love Story).

It turns out 32 countries on our planet have a GDP per income capita of less than $1,000 per year.  This was surprising, at least to me — and way too depressing.  So…no quiz for this post, just information.

The country with the lowest per capita income is Burundi at $189 per year, population 8,518,862.  Other countries in this below $1,000 range — that you may have heard of:

  • Kenya – $769 per year, population 40,862,900
  • Bangladesh – $609 per year, population 164,425,491
  • Nepal – $526, population 29,852,682
  • Uganda – $503 per year, population 33,796,461
  • Mozambique – $410 per year, population 23,405,670
  • Ethiopia – $350 per year, population 84,975,606

Below is a world map showing population percentage living on less than $2 per day (annual income less than $730 per year).

Data is from United Nations estimates.  The Philippines falls in the red group — with 41% to 60% of the population living on less than $2 per day.

More poverty maps can be viewed on this link to Wikipedia’s List of countries by percentage of population living in poverty.

There are 21 countries with annual per capita under $2,000, including:

  • India – $1,477, population 1,170,438,000
  • Sudan – $1,425, population 43,551,941
  • Nigeria $1,224, population 158,258,197
  • Vietnam $1,172, population 88,361,983

And 16 countries with per capita incomes under $3,000 (the Philippines falls in this range, listed as $2,132, population 93,616,853).  Others in this range include:

  • Egypt – $2,591,  population 84,474,427
  • Iraq – $2,544, population 32,297,391
  • Sri Lanka – $2,423, population 20,451,826
  • Morocco – $2,771, population 32,381,283

A reminder, the World Bank’s tag line is Working for a World Free of Poverty.

  • The World Bank’s defines per capita as the “gross domestic product divided by mid year population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

With all our modern technology, when we have so much information, and are connected in so many ways, is there still so much poverty in the world?  There must be a group of very smart people out there working on the answers…

What are your thoughts on why (updated as of May, 2014) we still cannot find the answer to address poverty worldwide?

Poverty-related Lola Jane post:

There is some good news!  See the blog post (here) on the UN’s Millennium Development Goals (MDG) for 2015. Excerpt:  Back in the year 2000, 189 nations promised to free people from extreme poverty and other deprivations.  This pledge  is the basis for the United Nations’ Millennium Development Goals (MDG) — a blueprint agreed to by the world’s countries and all the world’s leading development institutions — with a target for the year 2015.

A GDP, Rich Nations Per Capita Income Quiz

There is a lot of interesting information on the World Bank’s Countries and Economies section — which I visited for my blog post on Plastic, A Toxic Love Story.  The most glaring being the income disparity between countries.

Here is a little quiz for you….with the answers at the bottom of this post.  Data is in US Dollars and from 2010 unless noted otherwise.

  1. Can you guess the 3 countries that have the highest incomes (over $100,000 per capita) in the world?
  2. Name the top 5 by per capita income countries in Europe.  And oh…not counting the answers to question #1 –which makes this a clue to the answer to #1…highest income countries are all in Europe.
  3. The top 5 by per capita income countries in Asia?
  4. The top 5 by per capita income countries in the Middle East?
  5. The Caribbean country with a per capita income of over $88,000?

 Answers

  1. Monaco ($186,175 for 2009, population 32,904), Liechtenstein ($134,392 for 2009, population 36,190), Luxembourg ($108,747, population 506,640)
  2. Norway ($84,880, population 4,882,930), Switzerland ($67,236, population 7,790,010), Denmark ($55,778, population 5,565,020), Sweden ($48,754, population 9,394,130), Netherlands ($47,130, population 16,622,560)
  3. Singapore ($43,324, population 5,140,300) Japan ($43,161, population UN Data 127,450,459), Australia ($42,279 for 2009, population 22,327,200), Hong Kong SAR, China ($31,877, population 7,041,270), New Zealand ($29,352 for 2009, population 4,370,700)
  4. Qatar ($69,754 for 2009, population 1,508,322), Kuwait ($54,260 for 2008, population 2,863,00), United Arab Emirates ($50,070 for 2009, population 4,707,307), Israel ($28,683, population 7,577,000), Bahrain ($26,021 for 2009, population 807,131).
  5. Bermuda ($88,747 for 2009, population 64,600)

Note:  The World Bank Website defines per capita as the “gross domestic product divided by mid year population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

The World Bank tag line is: Working for a World Free of Poverty.

Next time, GDP, Per Capita Income Quiz, at the other end of the spectrum.

Did any of the quiz answers surprise you?  Let me know.

Lola Jane