Question: Is Iran A Low Income Country?

Is Philippines a low income country?

Having sustained average annual growth of 6.4% between 2010-2019 from an average of 4.5% between 2000-2009, the country is on its way from a lower middle-income country with a gross national income per capita of US$3,850 in 2019 to an upper middle-income country (per capita income range of US$4,046–$12,535) in the near ….

What is the richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

Which country has highest income?

High-income groupRankCountryGNI per capita (US$)1Liechtenstein116,430—Bermuda (UK)106,1402Switzerland85,5003Norway82,50031 more rows

What is the poorest country in Africa?

Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger once again topping the UN’s human development report as the world’s poorest country.Central African Republic. … Chad. … South Sudan. … Burundi. … Mali. … Eritrea. … Burkina Faso. … More items…•

What is the average income in Iran?

517,377,206Average salary in Iran is IRR 517,377,206. Average take home earning is IRR 429,348,299 (Net). The most typical salary is IRR 467,476,294 (Gross). If you are an employer this page can help you with the decision how much to pay employees.

What is philippines average income?

The survey results showed that the average annual family income of Filipino families was approximately 267 thousand pesos. In comparison, the average annual family expenditure for the same year was 215 thousand pesos. Hence, Filipino families has savings of 52 thousand pesos in a year, on average.

What country has the lowest annual income?

The 20 countries with the lowest gross domestic product (GDP) per capita in 2019 (in U.S. dollars)GDP per capita in U.S. dollarsSouth Sudan275.18Burundi309.87Eritrea342.6Malawi370.759 more rows•Jun 2, 2020

Is China a low income country?

Today, China is an upper-middle-income country and the world’s second largest economy. But its per capita income is still only about a quarter of that of high-income countries, and about 373 million Chinese are living below the upper-middle-income poverty line of US$5.50 a day.

Is Iran a successful country?

Iran’s economic freedom score is 49.2, making its economy the 164th freest in the 2020 Index. … Iran is ranked 13th among 14 countries in the Middle East and North Africa region, and its overall score is well below the regional and world averages.

Is Iran a wealthy country?

Many believe Iran is one of the richest countries in the world and in the region. … Its wealth is not limited to oil and gas, as it enjoys having several other mineral resources but since the country has not exploited those Heavenly wealth, most people know the country only for its oil and gas.

Is China richer than the US?

The United States still has many more millionaires — 18.6 million, or 40% of the world’s total, versus 4.4 million in China. … The average American is also still much richer than their Chinese counterparts, with US wealth per adult at $432,365 compared with $58,544 in China.

What rank is the Philippines in poverty?

AdvertisementRankCountryGDP-PPP ($)73Guyana9,09474Morocco9,23575Libya9,35876Philippines9,471105 more rows•Jul 22, 2020

Is the Philippines 3rd world country?

In the 2019 Human Development Report, the Philippines, with an HDI value of 0.712, placed 106th out of the 189 countries and territories. … The Philippines is historically a third world country and is currently a developing country based on these reports.

Is Mexico considered a low income country?

Mexico has the 11th to 13th richest economy in the world and ranks 4th with most number of poor among richest economies. Mexico is the 10th to 13th country with the most number of poor in the world.

Is there poverty in Iran?

In 2010, Iran’s Department of Statistics announced that 10 million Iranians live under the absolute poverty line and 30 million live under the relative poverty line.

Is Iran a developing country?

Iran has a broad and diversified industrial base. … According to the International Monetary Fund, Iran is a “transition economy”, i.e., changing from a planned to a market economy. The United Nations classifies Iran’s economy as semi-developed.

Which countries are low income countries?

List of Low-Income CountriesAfghanistan.Bangladesh.Benin.Burkina Faso.Burundi.Central African Republic.Chad.Comoros.More items…

What is considered a low income country?

According to the World Bank, low-income countries are nations that have a per capita gross national income (GNI) of less than $1,026. … The high-income group has the highest income in the world with a GNI per capita of at least $12,476. The upper-middle-income group has per capita incomes between $4,038 and $12,475.

Is India a low income country?

India is a low middle-income country with a GNI per capita of around $2,000. Even if India reaches $5 trillion in GDP by 2024-25 — GoI’s stated and laudable objective — it will still be a lower middle-income country.

With 83 million inhabitants, Iran is the world’s 17th most populous country. Spanning 1,648,195 km2 (636,372 sq mi), it is the second largest country in the Middle East and the 17th largest in the world.

Where does Iran rank in education?

DefinitionsSTATIranUnited StatesPupil-teacher ratio, secondary31.31 Ranked 4th. 2 times more than United States14.49 Ranked 56th.Secondary education, duration > Years7 Ranked 31st. 17% more than United States6 Ranked 102nd.Child care (preschool) > Duration1 Ranked 194th.3 Ranked 47th. 3 times more than Iran19 more rows