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? asked in Social ScienceEconomics · 1 decade ago

Where are the rich and poor countries in the world? Can we divide them?

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  • 1 decade ago
    Favourite answer

    geography isn't really a good indicator most rich countries are the countries which are most heavily industrialized or have oil. A few are small economies that have tourism or heavy finance sectors/ports. In economics its long understood that investment (acquisition of capital resources or industrialized resources) is tied to saving rates in developing stage of the economy which means a rapidly developing finance sector. Poor countries have the problem that they don't have the money to save in the first place.

    America, Canada, Western Europe + East Asia (Japan, S. Korea, Taiwan, Singapore, Hong Kong, Brunei, macau) + Australia + New Zealand Kuwait + Equitorial Guinea + Bermuda + United Erab Emirates+ Israel+ The richest countries in the old soviet (Czech republic, Slovenia)

    All of these coutnries have Per capita G.D.P.s that are at least 25K and most closer to 30-40K

    High Middle Income Countries G.D.P per Capita is 10,000$ to 20,000$.

    Most of Eastern Europe (Poland, Estonia, Russia ect.) + Most of Latin America (Brasil Argentina, Chile) + most middle east countries west of afghanistan/khajistan. (Saudi Arabia, Lebanon, Turkey, Iran) South Africa, Libya, Botswana, Malaysia.

    Low Middle incom 7000$-10,000$ range

    China, Most of South East Asia (singapore being rich, and Malaysia being high middle income), Jamaica, and Cuba. The worse parts of latin america

    Fairly Poor Countries below 6500$.

    Iraq, India, Indonesia, Vietnam Random places in latin america. Some parts of Eastern Europe

    Phillipines

    Poorest Countries Below 2500$ ( Average person lives on under 5$.)

    Pakistan, Afghanistan, Most of Africa, Bangladesh.

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  • Anonymous
    1 decade ago

    The rich countries are located in the Temperate Zones of the world. The poor countries are located in the Tropics.

    Don't believe me, just look at a map. Somebody let me know when the GDP of Nigeria surpasses that of South Africa.

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  • 1 decade ago

    Rich North

    Poor South

    For now, that is.

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