poorest asian countries 2022

Around 700,000 people, the majority of whom are women, are employed in the garment and footwear sector. Later it spread further to Germany, United States, France and other Western European countries. Cambodia has experienced strong economic growth over the last decade; GDP grew at an average annual rate of over 8% between 2000 and 2010 and about 7% since 2011. The per capita accounts of the GDP were R$22,813.47 or US$11.521,95 in nominal terms, and Int$14,537.40 in PPP terms. While Africa is the poorest continuously inhabited continent in the world, it has plenty of untapped potentials. ), total: 21.1% (2020 est. ), total petroleum production: 0 bbl/day (2021 est. )proven reserves: 0 metric tons (2019 est. This is an alphabetically sorted list of Asian countries, with their factual and estimated gross domestic product data by the International Monetary Fund. Some of the countries in Asia are China, India, Japan, Singapore, and Taiwan. A peer-reviewed study published in the Journal of Political Economy in October 2022 found signs of manipulation of economic growth statistics in the majority of countries. The first industrialized country was the United Kingdom, followed by Belgium. ), 13.844 million metric tonnes of CO2 (2019 est. [1] All sovereign states with United Nations membership and territory in either Asia or Oceania are included on the list apart from those who are also members of the Council of Europe. Cambodia Asian Development Bank [30] The following OECD member countries are DAC members: According to the International Monetary Fund, 40 countries and territories are officially listed as "advanced economies",[2][31] with the addition of 7 microstates and dependencies modified by the CIA which were omitted from the IMF version:[19]. One such criterion is the income per capita; countries with the high gross domestic product (GDP) per capita would thus be described as developed countries. Most commonly, the criteria for evaluating the degree of economic development are [6] Which criteria are to be used and which countries can be classified as being developed are subjects of debate. )tide and wave: 0% of total installed capacity (2020 est. According to 2020 data, the country with the highest GDP per capita (PPP int.$) is Luxembourg, with a value of $118,356which is more than 150 times higher than Burundi's $771. This situation tends to lower the ranking of some of the most advanced countries, such as the G7 members and others.[9][10]. 20 countries and territories in the Americas: eight countries and territories in Oceania: * Between 1994 and 2009, as a part of the Netherlands Antilles. The Fact Sheets summarize ADB's partnerships with member economies, providing key facts and figures and an overview of activities and future directions. According to some economists such as Jeffrey Sachs, however, the current divide between the developed and developing world is largely a phenomenon of the 20th century. (approximately $1.2 billion)2.2% of GDP (2018 est.) The latter is not included here because its association of developed countries with countries with both high incomes and developed markets is not deemed as directly relevant.[why? The following countries ranked from 1 to 66 in the year 2021 are considered to be of "very high human development":[17], Some institutions have produced lists of developed countries: the UN (list shown above), the CIA,[19] and some providers of stock market indices (the FTSE Group, MSCI, S&P, Dow Jones, STOXX, etc.). It is merely a thoughtless and destructive endorsement of GDP fetish. 28 countries and dependencies in Europe classified by the IMF, 6 others given by the CIA: three countries and territories in the Americas classified by the IMF, one territory given by the CIA: d The CIA has modified an older version of the IMF's list of 38 Advanced Economies, noting that the IMF's Advanced Economies list "would presumably also cover the following nine smaller countries of Andorra, Bermuda, Faroe Islands, Guernsey, Holy See, Jersey, Liechtenstein, Monaco, and San Marino[]". In 2022, there were 157 CSs and CSSs with individual funding of over 500 crore (US$63 million) each. Urban migration focuses on the pursuit of unskilled or semi-skilled jobs in Phnom Penh, with men working mainly in the construction industry and women working in garment factories. )$10.3 billion (31 December 2016 est. Poorest Countries They are contrasted with developing countries, which are in the process of industrialisation or are pre-industrial and almost entirely agrarian, some of which might fall into the category of Least Developed Countries. The proper way of establishing who the poorest countries in the world are is to look at the GDP Per Capita figures which explain the living conditions of the people of the countries making up the continents in question. The Asian experience with inequality reflects the fact that the incomes of Asians near the top increased about nine times faster than the incomes of Asians near the bottom from 1970 to 2016, 96% compared with 11%. )male: 36.1% (2020 est. ), fresh water lake(s): Tonle Sap - 2,700-16,000 sq km, Mekong (shared with China [s], Burma, Thailand, Laos, and Vietnam [m]) - 4,350 kmnote [s] after country name indicates river source; [m] after country name indicates river mouth, Pacific Ocean drainage: Mekong (805,604 sq km), population concentrated in the southeast, particularly in and around the capital of Phnom Penh; further distribution is linked closely to the Tonle Sap and Mekong Rivers, monsoonal rains (June to November); flooding; occasional droughts, a land of paddies and forests dominated by the Mekong River and Tonle Sap (Southeast Asia's largest freshwater lake), Khmer 95.4%, Cham 2.4%, Chinese 1.5%, other 0.7% (2019-20 est.). On the other hand, there is poverty in Europe, even if not talked about. With Africas society being disrupted, the people carted away, and the resources plundered; Africa was not able to develop like other continents. )permanent crops: 0.9% (2018 est. About ADB, how were organized, transparency, Projects, publications, products and services, operational priorities, and development knowledge, Countries with operations and subregional programs, country planning documents, Careers, business opportunities, and investor relations, Brunei, Indonesia, Malaysia, Philippines East ASEAN Growth Area (BIMP-EAGA), Central Asia Regional Economic Cooperation (CAREC) Program, Indonesia, Malaysia, Thailand Growth Triangle (IMT-GT), South Asia Subregional Economic Cooperation (SASEC), Civil Society/Non-government Organizations, Asian Development Bank and Nepal: Fact Sheet. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. The figures provided are quoted in US dollars and are 2016 estimates unless otherwise noted. Cambodia signed a multi-million dollar agreement with Australia in 2014 to voluntarily resettle refugees seeking shelter in Australia. The economy of Europe is led by Britain, Germany, and France, and they make up the bulk of Europes financial reports. [14], Mathis Wackernagel calls the binary labeling of countries as "neither descriptive nor explanatory. The original order of Brazilian states in this list is in accordance with the respective state's number code defined by IBGE. North Korea Buddhist (official) 97.1%, Muslim 2%, Christian 0.3%, other 0.5% (2019 est.). Economy of the European Union Of these, seven states; So Paulo, Rio de Janeiro, Minas Gerais, Rio Grande do Sul, Paran, Bahia and Santa Catarina; with the Federal District, constitute almost 80% of the national economy. (approximately $1.02 billion), information varies; approximately 100,000 total active troops including less than 5,000 Navy and Air Force personnel; approximately 10,000 Gendarmerie (2022), the RCAF is armed largely with older Chinese and Russian-origin equipment; since 2010, it has received limited amounts of more modern equipment from a variety of suppliers, particularly China (2022)note: in December 2021, the US Government halted arms-related trade with Cambodia, citing deepening Chinese military influence, corruption, and human rights abuses by the government and armed forces; the policy of denial applied to licenses or other approvals for exports and imports of defense articles and defense services destined for or originating in Cambodia, with exceptions (on a case-by-case basis) related to conventional weapons destruction and humanitarian demining activities, 18 is the legal minimum age for compulsory and voluntary military service (conscription only selectively enforced since 1993); women may volunteer (2022)note: in 2018, women made up an estimated 6% of the active duty military and 88 women held the rank of general, 225 Central African Republic (MINUSCA); 180 Lebanon (UNIFIL); 290 Mali (MINUSMA) (May 2022), the Royal Cambodian Armed Forces (RCAF) was re-established in 1993 under the first coalition government from the merger of the Cambodian Governments military forces (Cambodian Peoples Armed Forces) and the two non-communist resistance forces (Sihanoukist National Army, aka National Army for Khmer Independence, and the Khmer People's National Liberation Armed Forces); thousands of communist Khmer Rouge fighters began surrendering by 1994 under a government amnesty program and the last of the Khmer Rouge forces (National Army of Democratic Kampuchea) were demobilized or absorbed into the RCAF in 1999Cambodia was once one of the most land mined countries in the world; by the early 1990s, various aid organizations estimated there were 8 to 10 million landmines scattered throughout the country; the mines were laid during Cambodias decades-long war by the Cambodian army, the Vietnamese, the Khmer Rouge, the non-communist fighters, and US forces; part of Cambodia's defense policy is demining the territory with the intent of having the entire country cleared of unexploded ordnances by 2035; over 1 million landmines and over 3 million explosives were discovered and removed from 1992 to 2018 (2022), Cambodia-Laos: Cambodia is concerned that Laos' extensive upstreamdam construction will affect Cambodian waters downstream, Cambodia-Thailand: Cambodia and Thailand have agreed to maintain peace along the border regardless of the decision of the International Court of Justice (ICJ) over territorial dispute near Cambodia's Preah Vihear Temple; the ICJ decision of 11 November 2013 determined that Cambodia had sovereignty over the whole territory of the promontory of Preah Vihear; the borderdisputes do not involve large amounts of territory, and most of the issues were settled by the Nov. 11, 2013 ICJ ruling, Cambodia-Vietnam: issues include casinos built in Cambodia near the border (gambling and prostitution); narcotics (criminals, crime, and abuse); trafficking of women and children, petrol smuggling into Cambodia from Vietnam, illegal logging, and illegal migration; a positive development is the special economic Zone in Bavet, Svay Rieng Province, Cambodia that is being developed by the Manhattan (Svay Rieng) International Group of Taiwan, stateless persons: 57,444 (mid-year 2021), current situation: human traffickers exploit Cambodian men, women, and children in forced labor and sex trafficking in Cambodia and abroad, and foreign nationals are trafficked in Cambodia; Cambodian adults and children migrate to other countries in the region or increasingly to the Middle East where traffickers force them to work in agriculture, fishing, construction, manufacturing, and domestic servitude; significant numbers of Cambodian men and boys are subject to forced labor on Thai ships in international waters and may experience physical abuse, nonpayment or underpayment of wages, and confinement at sea for years; brick kiln owners exploit thousands of Cambodians, including children, through debt-based coercion; children from poor families are vulnerable to forced labor, often with the complicity of their parents, in domestic servitude, forced begging, or street vending in Thailand and Vietnam; Cambodian and ethnic Vietnamese women and girls from rural areas move to cities and tourist areas where they are sex traffickedtier rating: Tier 2 Watch List Cambodia does not fully meet the minimum standards for the elimination of trafficking but is making significant efforts to do so; authorities continued to prosecute and convict traffickers and utilized new victim identification and data collection technologies; the government enacted a five-year national action plan to combat human trafficking; however, corruption continued to impede law enforcement efforts, criminal proceedings, and services to victims; some corrupt officials may have profited directly from sex and labor trafficking or accepted bribes to dismiss charges or reduce sentences; insufficient judicial monitoring systems enabled suspected traffickers to flee before trial; authorities failed to issue formal guidance allowing the use of undercover techniques in anti-trafficking investigations (2020), manufacture of methamphetamine expanding due to transnational crime syndicates moving from China to evade the law; drugs destined for Australia, Japan, New Zealand and the Republic of Korea and the rest of East and South-East Asia, total population growth rate v. urban population growth rate, 2000-2030, Children under the age of 5 years underweight, School life expectancy (primary to tertiary education), International law organization participation, Gini Index coefficient - distribution of family income, Household income or consumption by percentage share, Civil aircraft registration country code prefix, Military and security service personnel strengths, Military equipment inventories and acquisitions, Refugees and internally displaced persons, Center for the Study of Intelligence (CSI). ), 19.29 births/1,000 population (2022 est. Hover over Click on a tile for details. )solar: 1.2% of total installed capacity (2020 est. As of the 2022 fiscal year, high-income economies are those that had a GNI per capita of $12,696 or more in 2020.[25]. It is located south of the Antarctic Circle and contains the geographic South Pole. Brazil is formed by the union of 27 federative units26 states and the Federal District, which contains the capital city, Braslia. )7% (2016 est. Antarctica has no real population; between 1000 and 4000 people stay there from winter to summer, and these are mostly scientists working at the many research stations, or explorers working on commercial missions. It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. The poorest continents in the world reflect quite accurately the current state of affairs in the world today. However, despite its size, Asia is still one of the poorest continents in the world; it has a relatively low human development index, and overall, there is a high rate of poverty. In that year, the Brazilian economy grew 1.0% in real terms according to revised figures of the IBGE. Most Cambodians who migrate abroad do so illegally using brokers because it is cheaper and faster than through formal channels, but doing so puts them at risk of being trafficked for forced labor or sexual exploitation. Population Poorest Continents In The World Differences in health indicators are pronounced between urban and rural areas, which experience greater poverty. Africas economy is led by Nigeria, South Africa, and Egypt, while countries like Algeria, Tunisia, and Morocco are also making progress economically. Scottish perspective on news, sport, business, lifestyle, food and drink and more, from Scotland's national newspaper, The Scotsman. )imports of goods and services: -73% (2017 est. note: data are in current year dollars$18.41 billion (2018 est.) )arable land: 22.7% (2018 est. The Basic Statistics brochure presents data on selected social, economic, and SDG indicators such as population, poverty, annual growth rate of gross domestic product, inflation, and government finance for economies in Asia and the Pacific. A Microsoft 365 subscription offers an ad-free interface, custom domains, enhanced security options, the full desktop version of Office, and 1 Because there is no real population; there is no economy. ), household consumption: 76% (2017 est. List of Asian and Pacific countries by GDP (PPP), The latest available estimate is from 2015, List of Oceanian countries by GDP (nominal), https://en.wikipedia.org/w/index.php?title=List_of_Asian_and_Pacific_countries_by_GDP_(PPP)&oldid=1119647772, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 2 November 2022, at 17:48. )exports of goods and services: 68.6% (2017 est. This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest years recorded in the CIA World Factbook. More recently, another measure, the Human Development Index (HDI), which combines an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. The African Great Lakes region member has been rocked with political instability in the recent years due to poor governance and military coups. ), definition: age 15 and over can read and writetotal population: 80.5%male: 86.5%female: 75% (2015), total: 11 yearsmale: 11 yearsfemale: 10 years, total: 2.5%male: 2.7%female: 2.3% (2019 est. GDP and GNI are typically expressed in either U.S. dollars (US$) or purchasing power parity (PPP) "international dollars" (int.$), a hypothetical currency that makes country-to-country comparisons easier. )$9.122 billion (31 December 2016 est. The king placed the country under French protection in 1863, and it became part of French Indochina in 1887. Some of their products include; livestock, processed beef, timber, energy, technology, and weaponry. [13], Terms linked to the concept developed country include "advanced country", "industrialized country", "'more developed country" (MDC), "more economically developed country" (MEDC), "Global North country", "first world country", and "post-industrial country". )crude oil and lease condensate exports: 0 bbl/day (2018 est. The economy of the European Union is the joint economy of the member states of the European Union (EU). The country's western border is formed by the Yellow Sea, while its Welcome to books on Oxford Academic | Journals | Oxford Central sector scheme actual spending in 2017-18 was 587,785 crore (US$74 billion), [8] in 2019-20 it was 757,091 crore (US$95 billion) while the budgeted amount for 2021-22 is 1,051,703 crore (US$130 billion). Asian countries A few African countries have seen significant economic growth and development over the past two decades. note: data are in current year dollars$25.52 billion (2019 est.) )4,058.7 (2015 est. )2.5% of GDP (2020 est. Unfortunately, most of Asia has not been able to keep pace with the development; many people still practice subsistence agriculture, and most of Asia still has the undeveloped infrastructure, and vices such as child labor, sex trafficking, and even organ harvesting. This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest years recorded in the CIA World Factbook. Unlike GDP per capita or per capita income, the HDI takes into account how income is turned "into education and health opportunities and therefore into higher levels of human development.". This is because despite being the worlds oldest human-inhabited continent on earth, there has not been much development within the continent for the last few centuries. The UN HDI is a statistical measure that gauges an economy's level of human development. Tens of thousands of Cambodians fled to Thailand; more than 100,000 were resettled in the US in the 1980s. The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. North America has some of the biggest companies in the world, and so controls much of the worlds wealth. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea.Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at 1,904,569 square kilometres (735,358 square of countries by GDP (nominal) per capita World Economic Outlook, April 2016, p. 148", "The Hungarian Quarterly, VOLUME XLI * No. The list below features some outstanding countries selected from the comparative table above with average data of quality (best place in rankings) and quantity (considered in how many of the 36 rankings) with an average between quality and quantity greater than 60%. ), 22.4 years (2014 est. Tourism has continued to grow rapidly with foreign arrivals exceeding 2 million per year in 2007 and reaching 5.6 million visitors in 2017. The term low and middle-income country (LMIC) is often used interchangeably but refers only The baby boom was followed by a sustained fertility decline starting in the early 1990s, eventually decreasing from 3.8 in 2000 to 2.9 in 2010, although the rate varied by income, education, and rural versus urban location. )crude oil estimated reserves: 0 barrels (2021 est. )spirits: 0.41 liters of pure alcohol (2019 est. )wine: 0.03 liters of pure alcohol (2019 est. Geographically a part of Asia, geopolitically a part of Europe. ), improved: urban: 99.3% of populationrural: 80.6% of populationtotal: 85.1% of populationunimproved: urban: 0.7% of populationrural: 19.4% of populationtotal: 14.9% of population (2020 est. Antarctica is the southernmost landmass on the planet. ), general assessment: Cambodias mobile-dominated telecoms sector spent much of 2020 battling two major challenges: the global pandemic, and the governments retraction of trial licenses for the rollout of 5G; citing concerns about waste and inefficiency occurring if each operator built a separate 5G infrastructure in order to maximize their own networks coverage (and, presumably, to capture greater market share), the regulator withdrew the licenses that the operators had been using for their 5G trials; this was despite all of the operators having already announced a successful completion of their trials; more than a year later, the market is still waiting on the government to release its 5G policy and roadmap, along with the allocation of spectrum and approvals to permit commercial operation; there is little expectation of any further progress happening before the start of 2022; the mobile network operators have maintained their focus and investment strategies on upgrading and expanding their existing LTE networks around the country, and to 5G-enable their base stations; when the 5G market eventually arrives, the underlying infrastructure will at least be ready to support a rapid adoption of the higher-value applications and services; the mobile market fell back slightly during 2020 and 2021 (in terms of total subscriber numbers) as the Covid-19 crisis wore on, but it remains in relatively good health as mobile users increased their data usage over the period; the mobile broadband market experienced a small but very rare contraction in 2020, although rates were already very high in this area; there is likely to be a quick rebound to previous levels once economic conditions stabilize, followed by a modest rates of growth over the next five years; the number of fixed telephony lines in service continues to fall sharply as customers migrate to mobile platforms for both voice and data; the lack of any widespread fixed-line infrastructure has had a flow-on effect in the fixed-line broadband market, a sector that also remains largely under-developed (2021)domestic: fixed-line connections stand at less than 1 per 100 persons; mobile-cellular usage, aided by competition among service providers, is about 130 per 100 persons (2020)international: country code - 855; landing points for MCT and AAE-1 via submarine cablesproviding communication to Asia, the Middle East, Europe and Africa;satellite earth station - 1 Intersputnik (Indian Ocean region) (2019)note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced a downturn, particularly in mobile device production; progress toward 5G implementation has resumed, as well as upgrades to infrastructure; consumer spending on telecom services has increased due to the surge in demand for capacity and bandwidth; the crucial nature of telecom services as a tool for work and school from home is still evident, and the spike in this area has seen growth opportunities for development of new tools and increased services, mixture of state-owned, joint public-private, and privately owned broadcast media;27 TV broadcast stations with most operating on multiple channels, including 1 state-operated station broadcasting from multiple locations, 11 stations either jointly operated or privately owned with some broadcasting from several locations; multi-channel cable and satellite systems are available (2019);84 radio broadcast stations - 1 state-owned broadcaster with multiple stations and a large mixture of public and private broadcasters;one international broadcaster isavailable (2019) as well as one Chinese joint venture television station with the Ministry of Interior; several television and radio operators broadcast online only (often via Facebook) (2019), total: 5,440,559 (2019 est. Still, Cambodia remains one of the poorest countries in Asia, and long-term economic development remains a daunting challenge, inhibited by corruption, limited human resources, high income inequality, and poor job prospects. United Nations Conference on Trade and Development, List of countries by Human Development Index, List of countries by GNI (nominal) per capita, Learn how and when to remove this template message, https://www.insead.edu/faculty-research/research/gtci, "World Economic and Financial Surveys World Economic Outlook DatabaseWEO Groups and Aggregates Information", "Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia", "Advanced Countries Will Benefit Most from Progress in Technology, with Lesser Benefits to Other Nations", "Constant GDP per capita for the United States", "Report for Selected Country Groups and Subjects", "Millennium Development Indicators: World and regional groupings", "Standard Country and Area Codes Classifications (M49): Developed Regions", "Neither developed nor emerging: Dual paths for outward FDI and home country innovation in emerged market MNCs", "Appendix B. Following Japanese occupation in World War II, Cambodia gained full independence from France in 1953. More than 50% of the population is less than 25 years old. ", "National Statistics, Republic of China (Taiwan) - Statistical Tables", "Quality of Living City Ranking | Mercer", "Human Development Report 2018 "Human Development Indices and Indicators", "World Economic Outlook Database April 2019", https://relial.org/ici-indicedecalidadinstitucional-2022/, "Legatum Prosperity Index 2019:: Legatum Prosperity Index 2019", "Country Rankings: World & Global Economy Rankings on Economic Freedom", "Freedom House rates 210 countries and territories in Freedom in the World, and 65 countries in Freedom on the Net", "SPARTACUS Gay Travel Index 2019 | Spartacus Gay Travel Blog", "Downloads | Environmental Performance Index", "Speedtest Global Index Monthly comparisons of internet speeds from around the world", "EF EPI 2018 EF English Proficiency Index Downloads", List of countries, United Nations Statistics Division, Number of broadband Internet subscriptions, Risk of death from non-communicable disease, Discrimination and violence against minorities, Time devoted to leisure and personal care, https://en.wikipedia.org/w/index.php?title=Developed_country&oldid=1120356872, Wikipedia pending changes protected pages, Wikipedia articles needing clarification from May 2015, Articles that may contain original research from August 2022, All articles that may contain original research, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 6 November 2022, at 15:44.
Garner Health Insurance, Mid South Wrestling Territory, Novotel Christchurch Cathedral Square Tripadvisor, Standard Deviation Calculus, Man Utd Ladies Squad Numbers, Lille University Of Science And Technology, Library Of Ruina Cookie Run, Speedo Endurance Mens Swim Briefs,