In ppp data, 26 economies, 10 more than nominal, would have gdp above $1 trillion. 85 economies would have gdp greater than $100 billion and 182 have greater than $1 billion. top 5 economies share 48.92% of the world's economy, top 10 economies add up to over 61%, and the top 20 economies add up to over 75.8%. 82 smallest economies only share 1 % in global wealth and 150 lowest ranked share only 10 % of total.
The magazine ranked the world's countries according to their gross domestic product (GDP) based on purchasing power parity (PPP) per capita. The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
African countries dominate the ranking of the 25 poorest countries in the world, according to an analysis by Global Finance Magazine. African countries dominate the ranking of the 25 poorest countries in the world, according to an analysis by Global Finance Magazine.
7. Mozambique - $1,215 per capita per year . Mozambique, in southern Africa, has a per capita annual GDP of just $1,215. Corruption is said to be a massive problem in the country, with hinders the economic success of individual citizens. Much of rural Mozambique lives on less than $1.25 US per day.
10. Madagascar - $1,505 per capita per year . Madagascar is unique as being among the only island nations in this list of countries with substantially low levels of economic activity. The island country, located just off the coast of southern Africa, is comprised of the island of Madagascar, which is the fourth largest island in the world, as well as a large number of much smaller islands in ...
The Poorest Countries In The World 10. Madagascar - $1,505 per capita per year. ... 9. Eritrea - $1,410 per capita per year. ... 8. Guinea - $1,265 per capita per year. ... 7. Mozambique - $1,215 per capita per year. ... 6. Malawi - $1,134 per capita per year. ... 5. Niger - $1,107 per capita per year. ... 4. Liberia - $855 per capita per year. ...
The Democratic Republic of Congo is the poorest country in the world, with the lowest GDP per capita than any other country. The Borgen Project tackles top global poverty data and analyzes the alarming level of poverty in the Democratic Republic of Congo.
Click to see the countries with the widest gap between the rich and the poor. The income redistribution structure of each country, which includes taxes, as well as transfers like welfare, social security, and unemployment insurance, can make a big difference in how severe the gap between rich and poor is.
In case you wondered, here are the 10 poorest counties in the state of West Virginia. These are based on the latest U.S. Census data (2010). This list shows the counties with the 10 lowest per capita income, meaning its the number you get if you add everyone’s income together and divide it by the number of people.
The very small town of Victoria, Arkansas is located on State Highway 158 in Mississippi County and reported a population of 59 as of the 2000 census. Despite none of the population being reported as living below the poverty line, Victoria's per capita income was reported as $8,721 - one of the lowest in the state.