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Poorest Asian Countries 2024

Snapshot

  • Afghanistan, burdened by ongoing conflict, corruption, and inequality, consistently ranks as the poorest country in Asia by nearly any measure.

  • Ongoing conflicts, poor governance, and corruption are three common factors contributing to poverty in nations like Afghanistan, North Korea, and Yemen which consistently rank among the poorest in Asia.

  • Several Asian nations, including Nepal, Kyrgyzstan, and Myanmar, struggle with poverty despite having abundant natural resources, hindered by poor planning and corruption.

Asia is the largest continent on Earth. Spanning over 17.2 million square miles (44.58 square kilometers), Asia comprises about 30% of Earth's total land area and 8.7% of Earth's total surface area. It is also home to more than 4.6 billion people as of June 2019. Asia contains 49 countries—though that number is open to interpretation—as well as a handful of sovereign territories and special administrative regions.

Many Asian nations, such as China, India, Japan, and South Korea, are influential figures on the global stage. China and India have the world's largest populations, with 1.44 billion and 1.39 billion people, respectively. They also boast two of the largest economies in the world. China's economy is the largest in Asia and second largest globally, while India's ranks second largest in Asia and fifth largest globally. Other countries in Asia are notably less prosperous. Several metrics can be used to measure the financial health of a given country, including GDP per capita, GDP per capita (PPP), and GNI per capita. While these are distinct methods, their results are remarkably consistent. Each method may reorder the countries but pinpoints the same 12 countries as the poorest countries in Asia.

Top 10 poorest countries in Asia (World Bank, by GNI per capita, PPP

Country
PPP (int)
Afghanistan$1,690
Nepal$4,750
Myanmar$4,760
Timor Leste$4,780
Tajikistan$5,680
Kyrgyzstan$5,830
Pakistan$6,350
Bangladesh$7,690
Palestine$8,170
India$8,210

Top 10 poorest countries in Asia (by GNI per capita, Atlas Method)

Country
Atlas Method
Afghanistan$390
Syria$760
Yemen$840
Myanmar$1,210
Tajikistan$1,210
Nepal$1,340
Kyrgyzstan$1,410
Pakistan$1,580
Cambodia$1,700
Timor Leste$1,970

The table towards the bottom of this page shows a full ranking of Asian countries based on their economic health. Additionally, the list of the poorest countries in Africa can provide a comparative perspective.

Profiles: The poorest countries in Asia

Afghanistan

This mountainous nation is burdened by ongoing armed conflict, government corruption, and prolific income inequality. After the United States and United Nations withdrew their troops in mid-2021, the Taliban retook control of Afghanistan's government. The long-term impact of this change on Afghanistan's economic situation has yet to be seen. However, the Taliban's ongoing conflicts with ISIL, its forcible shuttering of female-owned businesses, and refusal to allow girls to attend school are widely viewed as conditions unlikely to lead to a more robust and stable economy.

North Korea

North Korea may actually be the poorest country in Asia, but the nation's notoriously secretive government rarely shares its data, so economists must rely upon expert estimates. Poverty in North Korea is attributed to poor governance by the totalitarian regime. The free market is nearly non-existent in North Korea. As of 2020, it is estimated that some 60% of North Korea's population lives below the poverty line.

Nepal

Nepal's poverty stems from political instability and corruption, a lack of industry, and its dependence on agriculture. Despite being rich in natural resources, Nepal has not utilized and capitalized on them by exporting them to other countries.

Tajikistan

By nearly any measure, Tajikistan consistently ranks as the second- or third-poorest country in Asia. A lack of infrastructure causes Tajikistan's economy to stagnate. Many skilled people go abroad to search for better work opportunities, leaving Tajikistan with one of the world's largest remittance economies. Additionally, Tajikistan's civil war during the 1990s destroyed approximately one-fifth of schools in the country, taking away children's ability to receive an education, one of the largest factors in reducing poverty.

Yemen

Yemen is ranked 183rd out of 191 countries on the United Nations' 2021/22 Human Development Index (HDI), which indicates that Yemen is one of the world's least-developed nations. Yemen's poverty stems from its ongoing civil war, corruption, and economic mismanagement. Because of the civil war, more and more Yemen residents are falling below the poverty line. About 79% of the population lives under the poverty line, and 65% are classified as extremely poor.

Kyrgyzstan

Ranked by GDP per capita (current US$), Kyrgyzstan is the fifth-poorest country in Asia. About 32% of Kyrgyzstan's population lives below the poverty line. The largest causes of poverty in Kyrgyzstan are its dependence on agriculture and the gaps in knowledge and resources among its people. Kyrgyzstan also has few natural resources that are desirable to the rest of the world, and can only export cotton and tobacco. Additionally, many areas of Kyrgyzstan lack adequate banking and financial services, which prevents people from investing and hinders economic growth.

Cambodia

Cambodia has very few human resources and widespread income inequality. Despite recent economic achievements, the country continues to struggle with poverty, and the government has done little to build the necessary infrastructure required to lift millions of its people out of impoverishment.

Myanmar

About 26% of Myanmar's population lives in poverty, particularly in rural areas, where about 70% of the population lives. The main factors contributing to slow economic growth are poor government planning, internal unrest, the lack of foreign investment, a large trade deficit, and inadequate infrastructure and know-how to take advantage of the country's natural resources.

Syria

Syria rarely shares official economic data, so economists must rely on their best estimates—which paint a bleak picture. About 80% of Syrians lived at or below the poverty level as of 2017, a 45% increase since 2007. The main cause of the sharp rise in poverty is the Syrian Civil War, which has destroyed health care infrastructure and educational facilities. Education is one of the best ways out of poverty, and roughly 50% of Syrian children no longer attend school because of the conflict. In recent years, Syria has also experienced very high levels of inflation which reached its highest level of 121.29% in 2014.

Pakistan

Although Pakistan is very rich in natural resources, about 40% of its population lives in extreme poverty. Reasons for this dysfunction include governmental corruption and elitism, religious and secular conflict, and a lack of democratic ideals. The country also spends the largest part of its national budget on defense, allocating only 2.6% of its total GDP to education. As a result, roughly half of Pakistan's people are uneducated.

India

Despite having the fifth-largest economy globally in terms of GDP, about 21% of India's population (269 million people) lives below the poverty line. Causes for poverty in India include illiteracy, gender discrimination, unequal distribution of wealth, and the country's ever-increasing population.

Uzbekistan

A former member of the Soviet Union, Uzbekistan is an up-and-coming producer of commodities including gold, copper, uranium, petroleum gas, cotton, and grapes. However, due to rampant bureaucratic corruption, the profits from these industries are largely going into the pockets of a small subset of citizens. This corruption, along with the income inequality it engenders, is considered by economists to be a major obstacle in the country's journey out of poverty.

Timor-Leste

Having just become independent from Indonesia in 2002, this half-island nation in the South Pacific (which could easily be considered part of Oceania rather than Asia) is still developing. While Timor-Leste (also called East Timor) exports substantial amounts of coffee, as well as marble, sandalwood, and a growing amount of oil and gas, many of its citizens still rely upon subsistence farming. A rudimentary legal system, low-but-improving adult literacy rate, and a particularly poor telecommunications infrastructure are often cited as additional impediments to economic growth.

Source

Two main sources of data used in this article - International Monetary Fund and the World Bank - provide comprehensive yet not exhaustive or definitive data on Asian countries. Thus, reports on some countries, such as North Korea and Turkmenistan, must rely on expert estimates.

  • GNI per capita is gross national income (GNI) divided by mid-year population. GNI is the gross domestic product (GDP) plus net primary income from abroad. GDP is the sum of the value of all goods and services rendered by a country's residents.
  • PPP GNI is gross national income converted to international dollars using purchasing power parity rates. An international dollar is a theoretical monetary unit that has the same purchasing power over GNI as a U.S. dollar in the United States.

49 Rows

Country
PPP (int)
Year
Atlas Method
Year
Afghanistan$1,6902021$3902021
Nepal$4,7502022$1,3402022
Myanmar$4,7602022$1,2102022
Timor Leste$4,7802022$1,9702022
Tajikistan$5,6802022$1,2102022
Kyrgyzstan$5,8302022$1,4102022
Pakistan$6,3502022$1,5802022
Bangladesh$7,6902022$2,8202022
Palestine$8,1702022$4,6102022
India$8,2102022$2,3802022
Laos$8,8102022$2,3602022
Uzbekistan$9,6402022$2,1902022
Philippines$10,7302022$3,9502022
Iraq$10,8202022$5,2702022
Jordan$10,8902022$4,2602022
Bhutan$11,3002021$3,0402021
Mongolia$12,4702022$4,2102022
Vietnam$12,8102022$4,0102022
Lebanon$13,4002021$4,9702021
Sri Lanka$14,0302022$3,6102022
Indonesia$14,2502022$4,5802022
Turkmenistan$15,4002019$7,0802019
Azerbaijan$16,5302022$5,6302022
Armenia$18,1202022$5,9602022
Iran$18,1302022$3,9002022
Georgia$18,8302022$5,6202022
Thailand$20,0702022$7,2302022
China$21,2502022$12,8502022
Maldives$22,5302022$11,0302022
Kazakhstan$27,0802022$9,4702022
Malaysia$32,2502022$11,7802022
Russia$35,7702022$12,8302022
Turkey$36,9202022$10,5902022
Oman$38,8902022$20,1502022
Japan$48,4702022$42,4402022
Israel$48,8202022$54,6502022
South Korea$50,7302022$35,9902022
Bahrain$57,3702022$27,1802022
Saudi Arabia$59,6602022$27,5902022
Kuwait$64,5902022$39,5702022
Brunei$67,7402022$31,4102022
Macau$70,9302021$44,9802021
Hong Kong$73,9402022$54,3702022
United Arab Emirates$87,3002022$48,9502022
Singapore$107,0302022$67,2002022
Qatar$110,6402022$70,5002022
Yemen2018$840
Syria2020$760
Cambodia2022$1,700

What is the poorest country in Asia?

Afghanistan Afghanistan is Asia's poorest country, with a GNI(PPP) of $1,690.

Frequently Asked Questions

Sources