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Global Wealth Report: Belarus Among Poorest Nations In The World

Belarus is among the poorest nations in the world, according to Credit Suisse’s latest report on global wealth.

At the bottom of the list.

world wealth report

Lagging behind

Belarusians, together with Ukrainians, are at the bottom of the list of 140 countries in terms of wealth per adult. In the world wealth ranking, the countries share the 123rd position.

International economists assess the level of wealth of our citizens at $1,563 per person. Belarus is in the same group with Mali, Niger, Chad, Sudan, Egypt, Ethiopia, and Nigeria. Interestingly, residents of Nepal, Cameroonians, and Kenyans are richer than Belarusians.

Read also: Beyond poverty. Number of Belarusians living on $50 or less keeps growing

The poorest countries are Democratic Republic of Congo ($331), Ethiopia ($167) and Malawi ($141). Despite depressing figures, our country has achieved a significant progress over the past decade in combating poverty.

Outperformers

Meanwhile, Switzerland remains the world’s richest nation with a wealth of $530,240 per adult. It is followed by Australia and the United States. The remaining top ten places include Belgium, Norway, New Zealand, Canada, Denmark, Singapore, and France.

The United States ($6.3 trillion) and China ($2.3 trillion) are the main contributors to global wealth. Overall, during the twelve months to mid-2018, aggregate global wealth rose by $14.0 trillion (4.6%) to a combined total of $317 trillion.

Read also: Apart from Minsk, these are top 5 cities to live in Belarus

Belarus has been recently included in a number of world rankings that show our country from different sides. To present a full picture of the day BelarusFeed collected all of them in one list.