Philippines has a GDP per capita of $8,400 as of 2017, while in Colombia, the GDP per capita is $14,400 as of 2017.
Is Colombia a poor country?
Colombia is classified as an upper middle-income economy and is one of Latin America’s largest economies, according to the International Monetary Fund. The country’s economy is shaped by its land and like many South American nations is based in its rich natural resources.
Is Colombia bigger than Philippines?
Philippines is approximately 300,000 sq km, while Colombia is approximately 1,138,910 sq km, making Colombia 280% larger than Philippines. Meanwhile, the population of Philippines is ~109.2 million people (60.1 million fewer people live in Colombia).
Is Philippines cheaper than Colombia?
Philippines is 45.6% more expensive than Colombia.
Is the Philippine a rich or poor country?
The economy of the Philippines is the world’s 32nd largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand.
Is Philippines a poor country 2021?
Many factors contribute to a nation’s wealth, including its natural resources, educational system, political stability, and national debt.
Poorest Countries in the World 2022.
| Country | Philippines |
|---|---|
| GNI per capita, Atlas method (current US$) | $3,430 |
| Latest Year | 2020 |
| GNI per capita, PPP (current international $) | $9,040 |
| Latest Year (PPP) | 2020 |
Why is Columbia so poor?
The unequal distribution of the country’s wealth and welfare resources affects Colombian people and is a cause of poverty. The country’s income concentration is very high compared to the international averages. The per capita income of the richest ten percent is 46 times greater than those of the poorest ten percent.
Is Indonesia richer than Philippines?
Indonesia has a GDP per capita of $12,400 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017. In Indonesia, 10.9% live below the poverty line as of 2016. In Philippines, however, that number is 21.6% as of 2017.
What rank is the Philippines in the world?
The Philippines ranked 50th in 2020, up four notches from its ranking in 2019. The country ranked 73rd in 2018 and 2017. “Based on the (GII) report, the Philippines produces more innovative outputs relative to its level of investments.
Is Philippines richer than Nigeria?
Philippines has a GDP per capita of $8,400 as of 2017, while in Nigeria, the GDP per capita is $5,900 as of 2017.
What is the poorest country in Asia?
Top 13 poorest countries in Asia (World Bank, by 2020 GDP per capita, current US$)*
- Nepal ($1155.14)
- Kyrgyzstan ($1173.61)
- Pakistan ($1193.73)
- Timor-Leste ($1381.17)
- Myanmar ($1400.21)
- Cambodia ($1512.72)
- Uzbekistan ($1685.76)
- India ($1900.71)
What country is #1 in poverty?
According to World Bank, the countries with the highest poverty rates in the world are: South Sudan – 82.30% Equatorial Guinea – 76.80% Madagascar – 70.70%
What is the poorest city in the Philippines?
The 15 poorest stated in the article is:
- Lanao del Sur – 68.9%
- Apayao – 59.8%
- Eastern Samar – 59.4%
- Maguindanao – 57.8%
- Zamboanga del Norte – 50.3%
- Davao Oriental – 48%
- Ifugao – 47.5%
- Sarangani – 46.5%
Is Colombia poorer than India?
India has a GDP per capita of $7,200 as of 2017, while in Colombia, the GDP per capita is $14,400 as of 2017. In India, 21.9% live below the poverty line as of 2011.
Is Colombia a poor city?
The population living below the poverty line is 34 percent. Though the economic growth of Colombia is among one of the world’s emerging economies, more than three out of ten Colombians still live in poor conditions. Colombia is also the world’s seventh most inequitable country.
Is Bogota poor?
Regional poverty distribution
Peripheral provinces with a relatively large indigenous population like La Guajira and Cauca also saw extraordinarily high levels of poverty. The poverty rate in the capital Bogota and Colombia’s five biggest provincial capitals is historically considerably lower than on the countryside.
Is Vietnam more developed than Philippines?
As per IMFs (International Monetary Fund) 2020 year-end reports, Vietnam’s per capita income has grown by $3,500 leaving behind the Philippines which has been stagnant at $3,380.
What is the poorest country in Southeast Asia?
By contrast, Myanmar is the poorest country in the region, with a GDP per capita of $1,408. East Timor and Cambodia also have a GDP per capita of less than $2,000. The five dominant Southeast Asian countries refer to their economies as Tiger Cub Economies.
What is the richest country in Asean?
Indonesia
List 2021
| Rank | Country | GDP (PPP) per capita USD |
|---|---|---|
| — | ASEAN | 13,626 |
| 1 | Indonesia | 13,099 |
| 2 | Thailand | 19,209 |
| 3 | Singapore | 116,487 |
Is Mexico richer than Philippines?
Philippines has a GDP per capita of $8,400 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.
Is New Zealand richer than Philippines?
Philippines has a GDP per capita of $8,400 as of 2017, while in New Zealand, the GDP per capita is $39,000 as of 2017.
