Thursday, January 16, 2020

Poverty Inflation GDP by Country


Poor countries in Africa, Asia, South America and the Middle East show nominal per capita GDP under $1000 per year. The lack of property rights is the cause of this poverty.

Poverty is all about Africa. 22 of the countries in Africa have nominal per capita GDP in 3 digits. 29 of African countries are in 4 digits and only 4 are in 5 digits.

Countries in this posting are listed by Poverty Rate in 2019. The second column shows the 2019 Inflation. The third column shows Nominal GDP for 2019. 

185 countries are included in this posting.  95 countries reported inflation below 3%.  42 countries reported inflation of 3% to 4%.  29 countries reported inflation from 2% to 9%. 20 countries reported inflation from 10% to 39,114%.
Countries with high poverty and inflation rates are the worst.

Economies are decimated by inflation, poverty, corruption, socialism and war.  Increases in national prosperity require economic growth measured in Nominal GDP by country. This requires operating within the rule of law. Citizen wealth attainment requires private property rights.

26 Countries have poverty rates from 50% to 90%, inflation from -0.7% to 72,000% Per Capita GDP from $115 to $9,888 and Nominal GDP from $430M to $445.5B.

Country       Poverty    Inflation    Per Cap    GDP
Venezuela       90.0%  72,000%   $2,430     $70.2B
Syria                82.5%      12%         $831     $17.1B
Somalia           73.0%       4%          $497     $8.45B
Zimbabwe       72.3%       481%    $1.316     $12.8B
Sierra Leone   70.2%       15%        $648        $3.8B
Nigeria            70.0%       12%      $2692    $123.4B
Madagascar    70.7%        5%         $444      $12.6B
Suriname         70.0%       4%        $6,311      $3.8B
Guinea Bissau 67.0%     -0.7%        $877       $1.5B
Sao Tome P    66.2%       5%       $1,987      $430M
Burundi            64.6%       4%          $439       $3.6B
C Afr Rep         63.0%       3%          $490       $2.3B
Eswatini Sw     63.0%       2%       $3,443       $4.7B
R Congo          63.0%       1%       $2,646      $11.6B
Zambia            60.5%      11%      $1,542      $23.9B
Guatemala      59.3%        3%       $4,520     $81.3B
Haiti                 58.5%      20%         $844       $8.8B
Sudan              58.0%     46.5%    $3,999     $30.9B
Lesotho            57.0%      5%        $1,574       $5.4B
Liberia              54.1%     31%          $495       $3.3B
Yemen             54.0%      1%           $905      $29.9B
N Korea            n/a          55%          $115     $29.6B
Argentina         51.0%     32.2%     $9,888  $445.5B
Malawi             50.7%     10%           $351      $7.5B
South Sudan    50.6%    171%         $213     $3.68B
Eritrea              50.0%       9%        $1,253      $2.1B

37 Countries have poverty rates from 30% to 49%, inflation from –5.8% to 40%, Per Capita GDP from $502 to $20,578 and Nominal GDP from $755k to $1.274T

Country       Poverty    Inflation    Per Cap   GDP
Gambia           48.4%     8%         $761        $755k
Guinea            47.0%     9%         $779       $13.4B
Congo DR       46.5%     4%         $502       $11.6B
Mexico            46.2%     3%     $10.493     $1.274T
Mozambique   46.1%     3%          $511       $15.1B
Senegal          46.7%     1%       $1,145       $23.9B
Chad               46.7%   -2.8%       $918        $11.0B
Ivory Coast     46.3%     1%       $1,880       $44.4B
Niger               45.4%   -1.9%       $466          $9.4B
Comoros         44.8%      2%         $854         $1.2B
Eq Guinea       44.0%     1%     $15,137       $12.1B
Kenya             43.4%      6%       $1,898       $98.6B
Belize              41.0%   -0.10       $4,819        $2.0B
Burkina Faso   40.1%    -3.8%       $799      $14.6B
Angola            40.5%    16%        $3,038       $3.6B
Iran                 40.0%    40.0%     $5,506    $458.5B
Seychelles      39.3%     2%       $17,116        $1.6B
Rwanda          39.1%    12%           $794      $10.2B
Bolivia             38.6%     3%         $3,878      $42.4B
P N Guinea     37.0%     4%         $2,831      $23.6B
Benin               36.2%   -1.7%         $969      $14.4B
Mali                  36.1%   -2.2%         $858      $17.6B
Greece            36.0%    0.2%     $20,578       $214B
Afghanistan     35.8%    2%            $513       $18.7B
Guyana           35.0%     2%         $5,043        $4.1B
El Salvador      34.9%   -5.8%      $4,189      $26.9B
Gabon             34.3%     1%         $8.556      $16.9B
Kyrgyzstan      32.1%     3%         $1,213        $8.2B
Armenia           32.0%    1%         $4,046       $13.4B
Tajikistan         31.5%     7%           $826         $7.4B
Bangladesh      31.5%    6%         $1,906    $317.5B
Mauritania        31.0%    3%         $1,287        $5.7B
Fiji                    31.0%   -0.3%      $6,231        $5.7B
Dom Rep         30.5%     3%         $7,681     $89.5B
Botswana        30.3%     2%          $8,164     $18.7B
Cameroon       30.0%     2%         $1,386      $38.6B
Palestine         30.0%     2%         $2,981      $14.6B

38 Countries have poverty rates from 20% to 29.9%, inflation from -0.10% to 21%, Per Capita GDP from $769 to $34,671 and Nominal GDP from $3.2B to $14.17T.

Country       Poverty   Inflation   Per Cap    GDP
Italy                29.9%     2%      $34,671    $1.989T
Nicaragua      29.6%     6%       $2,442       $12.5B
Honduras       29.6%     4%       $2,835       $24.5B
Ethiopia          29.6%    21%        $922        $91.2B
Pakistan         29.5%    12%      $1,388     $284.2B
Namibia          28.7%     3%       $5,884       $14.4B
Lebanon         28.6%     3%      $12,478      $58.6B
China              28.0%     5%      $10,099    $14.14T
Colombia        27.8%     4%        $7,049     $327.9B
Ecuador          25.6%   0.04%     $6,268    $107.9B
Latvia              25.5%     2%      $18,406      $35.0B
Nepal              25.2%      6%          $934      $29.8B
Egypt              25.2%      4%       $3,047     $302.3B
S Africa           25.2%      4%       $6,418     $358.8B
Ghana             24.2%      8%       $1,777      $67.1B
Ukraine           24.1%      5%       $2,818     $150.4B
Djibouti           23.0%       4%       $2,218        $3.2B
Algeria            23.0%       2%       $3,980    $172.8B
Panama          23.0%    -0.3%    $16,362      $68.5B
Iraq                 23.0%    -0.9%      $5,738    $224.5B
Tanzania        22.8%      4%         $1,195      $62.2B
Peru               22.7%      2%         $7,361      $5.05B
Romania        22.4%      4%       $12,754    $243.7B
Paraguay       22.2%      2%         $6,229      $40.7B
Lithuania        22.2%      2%       $19,634      $53.6B
Laos               22.0%      5%         $2,974      $19.1B
Bulgaria          22.0%      3%        $9,204      $66.3B
Turkey            21.9%     11%      $11,707    $743.7B
India               21.9%      6%         $2,172    $2.936T
Costa Rica     21.7%      2%        $12,567     $61.0B
Philippines     21.6%      1%          $3,597   $356.8B
Mongolia        21.6%      5%          $3,951     $13.6B
Macedonia     21.5%   -0.10%       $6,257     $12.7B
Uganda          21.4%      3%             $769     $30.7B
Estonia           21.3%      2%        $23,654     $31.0B
Spain              21.1%     0.4%      $32,024   $1.398T
Moldova          20.8%      7%          $2,625    $11.7B
Trinidad T       20.0%      1%        $15,555     $22.6B



55 Countries have poverty rates from 0.2% to 19%, inflation from -0.4% to 14%, Per Capita GDP from $1,635 to $84,265 and Nominal GDP from $430M to $445.5B.

Country       Poverty    Inflation    Per Cap    GDP


Hong Kong     19.6%      3%     $47,512     $373B
Croatia            19.5%      1%    $15,137     $60.7B
Portugal          19.0%     0.3%  $22,495   $236.4B
Cambodia       17.7%      2%      $1,635     $26.7B
Poland            17.6%      3%    $15,835   $565.9B
Kosovo           17.6%      2%      $3,836       $8.0B
Bosnia H        17.2%     0.1%    $5,076     $20.1B
Germany        16.7%      1%    $46,564    $3.863T
Jamaica         16.5%      5%      $5,467      $15.7B
Malta              16.3%      1%    $32,348      $14.9B
Japan             16.1%      1%    $41,314     $5.15T
Maldives         16.0%      0%    $13,875       $5.8B
Tunisia           15.5%      6%       $3,565       $9.7B
US                  15.1%      2%     $63,810     $21.5B
Belgium          15.1%      1%     $47,812   $517.6B
Sweden          15.0%      2%     $59,853   $528.9B
UK                  15.0%      2%     $44,177    $2.744T
Morocco         15.0%     0.4%     $3,538       $119B
Hungary         14.9%      3%      $15,460   $170.4B
Chile               14.4%      3%     $16,778    $294.2B
Albania           14.3%      1%       $5,373      $15.4B
Slovenia         14.3%      1%      $26,481     $54.2B
Jordan            14.2%    -0.4%      $6,011     $44.2B
France            14.0%      1%      $41,761   $2.707T
Uzbekistan     14.0%     14%      $2,222       $60.5B
Denmark        13.4%       1%     $62,041    $247.2B
Russia            13.3%       4%     $11,082    $1.638T
Bhutan            13.3%       3%      $3,672       $2.8B
S Korea          12.5%      0.2%   $34,268     $1.63T
Slovakia          12.3%       3%    $20,239    $106.6B
Australia         12.0%       2%     $53,825    $1.376T
Vietnam          11.3%       4%       $2,677     $261.6B
Bermuda        11.0%       1%        n/a           n/a
Indonesia        9.82%       3%      $4,164    $1.112T
Uruguay           9.7%        8%     $19,766   $59.9B
Czech Rep       9.7%        3%     $24,938    $247B
Canada            9.4%        2%     $46,213   $1.731T
Bahamas          9.3%        2%     $26,040   $12.7B
Georgia            9.2%        7%       $4,806    $15.9B
Serbia               8.9%        2%      $6,471     $51.5B
Netherlands      8.8%        3%     $53,666   $902.4B
Montenegro      8.6%       1%        $8,011       $5.4B
Ireland              8.2%        1%      $77,742   $384.9B
Mauritius           8.0%      0.3%    $10,629     $14.4B
Thailand           7.2%       0.2%      $8,794   $529.2B
Sri Lanka          6.7%       4%        $4,336      $86.6B
Switzerland       6.6%    -0.1%    $84,665    $715.4B
Belarus             5.7%        5%       $6,021     $62.6B
Azerbaijan        4.9%        3%       $4,752     $47.2B
Austria              4.0%        1%    $51,375    $447.7B
Malaysia           3.8%        1%    $12,241    $365.3B
Brazil                3.7%        3%      $8,797    $1.847T
Kazakhstan      2.7%        5%      $9,859    $170.3B
Taiwan             1.5%        1%    $25,539     $586.1B
Turkmenistan   0.2%        9%      $9,045      $46.7B

29 countries do not report their Poverty Rate.  They are listed below by GDP.  They have inflation from -600% to 9%, Per Capita GDP to from $881 to $117,161 and Nominal GDP from $38k to $779.3B. 

Country        Inflation  Poverty  Per Cap    GDP
Saudi Arabia  -0.20%    n/a      $21,764     $779.3B
Norway               2%      n/a      $76,818    $417.6B
UAE              -1.90%     n/a      $39,342    $405.8B
Israel                0.3%     n/a       $41,377    $387.7B
Singapore         1%       n/a      $56,679     $362.8B
Finland              1%       n/a      $50,879     $269.7B
New Zealand     2%      n/a      $45.834     $204.7B
Qatar             -0.70%    n/a      $68,255     $191.9B
Kuwait               2%       n/a     $29,258     $137.6B
Puerto Rico       0%       n/a     $30,665      $99.9B
Cuba                 6%       n/a           $881     $96.9B
Oman              -0.22%   n/a      $18,064     $76.6B
Luxembourg     1%        n/a    $117,161     $69.5B
Myanmar          9%        n/a        $1,540     $66.0B
Macau              3%        n/a      $92,492     $55.1B
Bahrain             2%        n/a     $26,167     $38.2B
Libya              -6.00%    n/a       $8,852      $33.0B
Cyprus            -0.50%   n/a      $28,888     $24.3B
Iceland             2%        n/a      $89,389    $23.9B
Brunei            -0.30%    n/a       $29,152    $12.5B
Togo                0.4%     n/a           $708       $5.5B
Barbados         6%        n/a      $18,769      $5.2B
Cayman           3%        n/a      $78.788      $5.2B
Cape Verde     1%         n/a        $3,612      $3.6B
Aruba              5%         n/a       $28,037      $3.0B
E Timor           0.3%      n/a         $2,255      $2.9B
Vanuatu          3%         n/a         $3,238     $951M
New Caledonia -0.40%  n/a         n/a
Liechtenstein    -0.30%  n/a         n/a


Norb Leahy, Dunwoody GA Tea Party Leader

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