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The Poorest Countries in Asia: 2024 Report

One of the main factors of poverty in the world is the economic crisis that has hit the country, including in countries in Asia. It is not surprising that there are several countries in Asia that are classified as poor countries.

World Population Review 2024, states that there are several indicators that cause a country to experience poverty, starting from the economic crisis, prolonged conflict, to piling up state debt. This is what makes this country one of the poorest countries in Asia.

Curious about which countries? Is Indonesia included in this group? Come on, see the explanation here!

1. Afghanistan

Afghanistan/ Photo: REUTERS/Saeed Ali Achakzai

Who would have thought, the first poorest country in Asia was Afghanistan. This country’s per capita income is only USD 508 or around IDR 7.77 million. The causes are prolonged armed conflict, government corruption, and large income gaps.

As a result, this country is experiencing difficult and unstable economic conditions. This is what puts most Afghans on the poverty line, and their lives are even threatened because of the lack of daily income they can earn.

2. North Korea

North Korea/ Photo: VOA News

This is far from the condition of neighboring South Korea. The country led by Kim Jong Un actually has quite difficult economic conditions. The poverty that occurs in this country is influenced by bad government and there is no access to free markets there.

This condition is further exacerbated by the country’s government being so closed and it is difficult to know the economic situation in the country. Currently, North Korea is known to have a per capita income of USD 642 or around IDR 9.82 million.

Meanwhile, in 2020, it is estimated that around 60% of North Korea’s population lives below the poverty line and is hungry.

3. Nepal

Nepal/ Photo: Nepali Times/Nimendra Shahi

Rich in natural resources, Nepal is still a favorite among tourists to enjoy beautiful mountain views. Unfortunately, this is not accompanied by income stability in the country.

Nepal has a per capita income of USD 1,155 or around IDR 17.67 million. Poverty that occurs in Nepal is caused by political instability, high levels of corruption, lack of industry, and dependence of income on the agricultural sector.

So it is very unfortunate that the Nepalese government has not been able to utilize the natural resources there by exporting them to other countries to increase the country’s income.

4. Tajikistan

Tajikistan/ Photo: Asia-Plus

Tajikistan is a cotton-producing mountainous country. The natural beauty and expanse of mountains that are able to spoil the eyes are apparently not in harmony with the economic conditions in the country.

Poverty in Tajikistan stems from a lack of infrastructure which caused their economy to fail and a civil war which destroyed a number of the country’s schools. As a result, many residents of Tajikistan choose to go abroad to seek better job opportunities.

5. Wealth

Yaman/ Photo: World Vision/Karam Kamal

The poverty that has hit Yemen is largely caused by civil war, corruption and the government’s inability to manage the country’s economy. This is what makes Yemen called one of the most underdeveloped countries in Asia in the world.

As is known, the per capita income there is only USD 824 or around IDR 12.6 million. As a result, more and more Yemeni residents are below the poverty line. Around 79% of the population there lives below the poverty line and 65% is classified as very poor.

6. Kyrgyzstan

Kyrgyzstan/ Photo: Central Asia Guide

Not having enough income from natural resources, Kyrgyzstan can only export cotton and tobacco abroad. In addition, Kyrgyzstan relies heavily on the agricultural sector and the lack of education in the country is the reason why the country experiences poverty.

Kyrgyzstan itself has a per capita income of USD 1,173 or around IDR 17.94 million. So, there are around 32% of the population in Kyrgyzstan who live below the poverty line.

7. Cambodia

Kamboja/ Photo: Borgen Magazine/Mary Barringer

Recently, Cambodia has achieved quite impressive economic achievements to be able to fight poverty.

Unfortunately, the Cambodian government has done little to build the infrastructure necessary to help its citizens escape the poverty line. As a result, Cambodia continues to experience income inequality and human resources that continue to decrease.

8. Myanmar

Myanmar/ Photo: Borgen Project/Michael Straus

The main factors causing Myanmar’s population to live in poverty are poor government planning, internal unrest, lack of foreign investment, a large trade deficit, inadequate infrastructure, and a lack of knowledge regarding the use of the country’s natural resources.

As a result, around 26% of Myanmar’s population lives below the poverty line, especially those in rural areas. So, this country’s per capita income is USD 1,400 or around IDR 21.42 million.

9. Syria

Syria/ Photo: Unicef ​​USA

Not much information and economic data can be obtained from this country. However, it is estimated that around 80% of Syria’s population lives below the poverty line. This figure has continued to increase by 45% since 2007.

The reason is because of the prolonged civil war which has destroyed the health service infrastructure and educational facilities in the country. Thus, Syria experienced a high inflation rate of 121.29% in 2014. Therefore, Syria is estimated to have a per capita income of USD 870 or around IDR 13.31 million.

10. Pakistan

Pakistan/ Photo: Meer/Mahrukh Sanai

Pakistan is a country rich in natural resources. Unfortunately, around 40% of the population lives in extreme poverty. Pakistan itself is recorded as having a per capita income of USD 1,193 or the equivalent of IDR 18.25 million.

This is apparently caused by high levels of government corruption and elitism, religious and secular conflicts, as well as a lack of democracy in the country which makes the population live in poverty.

11. India

India/ Photo: CNBC/Yen Nee Lee

Although the top ranking of the richest people in Asia is occupied by an Indian, namely Mukesh Ambani. However, this does not apply to the economic equality of the population there. The reason is, there are around 21% of India’s population who still live below the poverty line.

This is because in India there are still many people who do not have an education, which is discrimination gendersocial inequality, to a population that continues to increase every year.

12. Uzbekistan

Uzbekistan/ Photo: KUN.UZ

This country has adequate natural resources, ranging from gold, copper, natural gas, cotton and wine. However, it is very unfortunate because bureaucratic corruption is rampant in Uzbekistan, so that the profits from these industries can only be enjoyed by a small number of people.

In fact, cases of corruption and social inequality in Uzbekistan are said to be one of the country’s biggest obstacles to getting out of poverty.

13. Timor Leste

Timor Leste/ Foto: Asian Development Bank

After independence from Indonesia in 2002, this country apparently still underwent imperfect government development. Timor Leste is known to have a per capita income of USD 1,381 or around IDR 21.12 million.

The country’s legal system is still weak, as well as poor telecommunications infrastructure are said to be obstacles facing Timor Leste in increasing economic growth in the country.

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2024-01-16 01:00:21
#List #Poorest #Countries #Asia #World #Population #Review #Indonesia #Included

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