Quick Answer: What Is The Poorest Country In The Middle East?

Which is the richest country in Arab?

ListRankCountry/TerritoryGDP per capita (US$)—World11,355—Arab League6,3581Saudi Arabia22,8652United Arab Emirates37,74919 more rows.

Is UAE richer than Saudi Arabia?

The economy of the United Arab Emirates (UAE) is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $377 billion (AED1.38 trillion) in 2012.

How wealthy is the Middle East?

This caused both the number of billionaires and their total wealth to shrink. The ripple effects of this have been felt by the Middle East’s Billionaires 2019, with their aggregate net worth shrinking by nearly 5% to reach $191.3 billion compared with $201.4 billion in 2018.

What is the best Arab country to live in?

UAEThe UAE was ranked the most desired country to live in out of 20 global countries, including the UK, USA and Germany, according to an annual survey unveiled at a press conference in Dubai today.

Is Kuwait richer than USA?

The economy of Kuwait is a small but wealthy petroleum-based economy. … Non-petroleum industries include financial services. According to the World Bank, Kuwait is the fourth richest country in the world per capita. Kuwait is the second richest GCC country per capita (after Qatar).

What are the 5 poorest countries?

That is particularly true for the world’s 10 poorest. All of them are found in Africa, where per-capita purchasing power is on average $1,181….Burundi.Central African Republic (CAR) … Democratic Republic of the Congo (DRC) … Eritrea. … Niger. … Malawi. … Mozambique. … Liberia. … More items…•

Who is richest country in the world?

QatarMany of the world’s richest countries are also the world’s smallest. What do people think when they think about the richest countries in the world?…Advertisement.RankCountryGDP-PPP ($)1Qatar132,8862Macao SAR114,3633Luxembourg108,9514Singapore103,181105 more rows•Aug 3, 2020

Who is the richest man in the whole world?

Jeff BezosJeff Bezos – U.S. Jeff Bezos, 56, is the richest man in the world, despite transferring a quarter of his Amazon stake to his ex-wife MacKenzie last summer, according to Forbes. He was worth $113 billion on March 18.

What social groups exist in the Middle East?

Ethnic diversity at the crossroads of civilizations Major ethnic groups in the Middle East today include Arabs, Iranians (also known as Persians), Turks, Jews, Kurds, Berbers, Armenians, Nubians, Azeris, and Greeks. Most of the countries in this region are multiethnic.

How poor is Yemen?

“If fighting continues through 2022, Yemen will rank the poorest country in the world, with 79 percent of the population living under the poverty line and 65 percent classified as extremely poor,” according to the United Nations Development Programme report, published on Wednesday.

What is the poorest Arab country?

YemenYemen. With a GDP per capita that has plummeted to $2,400, Yemen ranks at no. 1 on the poorest Arab country list.

What is the richest country in the Middle East?

The UAEThe UAE has emerged as the wealthiest country in the Middle East, with Dubai the richest city, according to latest data from New World Wealth.

How poor is the Middle East?

According to ESCWA data, 116 million people across 10 Arab countries, or 41 percent of the total population, were classified as poor, while another 25 percent were vulnerable to poverty. … This translates to an estimated 250 million people who may be poor or vulnerable out of a population of 400 million.

Is Kuwait richer than Dubai?

Kuwait is richer and has more oil reserves than the UAE.

What are the 10 poorest countries in the world?

With that said, let’s have a look at the poorest countries in the world according to the FocusEconomics Consensus Forecast for 2019 nominal GDP per capita.Democratic Republic of Congo. 2017 GDP per Capita: USD 439. … Mozambique. 2017 GDP per Capita: USD 429. … Uganda. … Tajikistan. … Yemen. … Haiti. … Ethiopia. … Tanzania.More items…