A relatively advanced developing economy of 1.3 billion people.
Because when you divide their GDP by the number of Chinese people you get a small number. There are a LOT of people in China.
The GDP per capita in Romania is low; for 2009 was cca. 7 300 US $.
The GDP per capita of Nigeria is low however is rapidly growing. As of 2009 it was $2,249 and 140th largest in the world.
The GDP per Capita of India is low but rapidly growing. Currently it is $2,941 the 128th highest in the world and comparable to that of Moldova and Vietnam.
A country is considered richer if it has a high GDP per capita, strong economic growth, low levels of poverty and inequality, and a high standard of living. Conversely, a country is considered poorer if it has a low GDP per capita, limited economic opportunities, high poverty rates, and low standards of living.
Because the the GDP is very modest.Because the GDP per capita is very low and the economy was destroyed after 1990 by the so called "democrats".
No, Haiti wasn't the poorest country, but was definitely having economic troubles. Haiti has always had a low GDP and GDP per capita, but a moderate GDP growth rate and a considerably low debt rate.
Such statistics are not calculated since it would not be correct at all. See the GDP per capita of South Africa. That might help.
By the end of 2014, it is relatively healthy, with a manageable debt (36.9% of GDP), a decent growth (2.2%) and a stable GDP per capita (USD 8,519). Inflation is relatively low for an emerging market (4.17%) and unemployment remains low (4.53%).
The GNP per capita for last fiscal year (2008) was $599. It is expected to increase at 6% this year to $635
The type of economy significantly influences the level of GDP per capita, as economies based on advanced industries and services typically generate higher productivity and income compared to those reliant on agriculture or low-skilled labor. For instance, developed economies with robust technological sectors often exhibit higher GDP per capita due to innovation and efficiency. Conversely, developing economies may struggle with lower GDP per capita due to limited access to resources, education, and infrastructure. Thus, the economic structure directly impacts overall economic output and individual wealth.
As of the latest data, Burundi often ranks as the country with the lowest Gross Domestic Product (GDP) per capita. This is due to a combination of factors including political instability, limited access to resources, and economic challenges that hinder growth. Other countries with similarly low GDP per capita include South Sudan and Malawi, but Burundi typically has the lowest figures in recent reports.