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The greatest cases of inequity typically would involve an impoverished and politically unstable country neighbouring a resource-rich and relatively stable one, although neither may be recognised as a high-income economy. As an extreme example, the GDP per capita for Saudi Arabia, is over 42 times greater to that of its neighbour Yemen.
Marshall Islands: Micronesia: Upper middle income 35.5 2019 35.48 2020 North Macedonia: Southern Europe: Upper middle income 33.5 2019 33.51 2020 Mali: Western Africa: Low income 35.7 2021 35.28 2021 Malta: Southern Europe: High income 31.4 2020 31.64 2022 Myanmar: South-eastern Asia: Lower middle income 30.7 2017 30.70 2017
Definitions of the poverty line vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Even among rich nations, the standards differ greatly. Thus, the numbers are not comparable among countries. Even when nations do use the same method, some issues may remain. [10]
Kuwait was the world's biggest exporter of sulfonated, nitrated and nitrosated hydrocarbons in 2019. [121] Kuwait was ranked 63rd out of 157 countries in the 2019 Economic Complexity Index (ECI). [121] Iraq was Kuwait's leading export market in 2019 and food/agricultural products accounted for 94.2% of total export commodities. [122]
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Heavily indebted poor countries – IMF and World Bank classification for special eligibility; Human Development Index – Composite statistic of life expectancy, education, and income indices; Human Poverty Index – Former indication of the poverty of community in a country; List of countries by GDP (PPP) per capita
Abagbo Island is the last island on the outskirt of Lagos. The island has been perturbed by its riverine area, which has caused less than stellar improvements in terms of modernisation and seemingly slow pace of development. The ex-governor of Lagos State, Bola Tinubu, took up a project to develop and modernize riverine areas like Abagbo. [1]