4 ms·
> Their GDP per capita places them at #95 (below Iraq) - around $5,500 - they're a very impoverished low-income nation. That's nominal not adjusted for cost of
by sweeneyrod 6y ago
> Their GDP per capita places them at #95 (below Iraq) - around $5,500 - they're a very impoverished low-income nation.
That's nominal not adjusted for cost of living. For the latter they're close to the world average, above Brazil and not far below Argentina. Possibly more relevantly, "middle-income" is defined by the World Bank (https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups https://datahelpdesk.worldbank.org/knowledgebase/articles/90...), which in fact categorises Iran as "upper-middle-income".
Iraq isn't actually that poor, it's just terrible for mysterious other reasons.