10 Poorest Countries in Asia, Is Indonesia Included?

JAKARTA – Asia is one of the few regions that is expected to perform better than the rest of the world. Asian economies face a mix of economic instability and economic growth.
The Asian economy is estimated to grow 5.2% in 2024 with various recovery challenges from the Covid-19 pandemic to heated global geopolitics.

However, the large number of poor countries in Asia shows a reality that reflects economic inequality on this continent. The status of the poorest country in Asia refers to countries with the lowest Gross National Income (GNI) per capita in the region.

The following are the 10 poorest countries in Asia based on GDP per capita, quoted by SINDOnews from Insider Monkey, Monday (17/6/2024).

1. Afghanistan

Afghanistan is the poorest country in the world and has suffered from decades of war. In 2021, Afghanistan had a GDP per capita of USD356 in 2021.

2. Syria

Syria had a GDP per capita of USD 421 in 2021. The country has suffered a lot from the war and continues to face more threats. Syria ranks second among the poorest countries in Asia based on GDP per capita.

3. Wealth

Yemen has a GDP of USD 21.89 billion and is one of the poorest countries in the world. According to the World Bank, Yemen experienced a 52% contraction in real GDP per capita from 2015 to 2022, leaving much of its population in crisis.

4. Sri Lanka

Sri Lanka’s economy has suffered. However, on March 22, Reuters reported that economic conditions in debt-ridden Sri Lanka were gradually improving, as per the IMF. Sri Lanka is one of the poorest countries in Asia based on GDP per capita. GDP per capita in 2022 USD3,354