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Which position is Uganda in the poorest countries?

Which position is Uganda in the poorest countries?

With an average GDP per capita of US$332 in 1998, Uganda is one of the poorest countries in the world. The vast majority of Ugandans are farmers on small plots of land which are used for subsistence agriculture or for the cultivation of cash crops such as coffee and tea.

Who is the richest man in Uganda?

Uganda’s richest man in 2020 is Sudhir Ruparelia, the giant of Uganda’s real estate and banking industries. He holds a wealth of over $1.3 billion and has been holding a solid first place among the richest businessmen in the region since 2012.

What is the current poverty rate in Uganda?

Uganda has achieved significant milestones in its fight against poverty over the past three decades, with poverty rates standing at 21.4% in 2016, down from 56.0% in 1993 (Figure 2) – according to the national poverty line. Although levels are higher according to the international poverty line, the trend is also an overall decline in this period.

Which is the poorest country in the world?

Uganda remains among the poorest nations in the world despite reducing its poverty rate. In 1993, 56.4% of the population was below the national poverty line, this decreased to 19.7% by 2013. Although poverty rates overall fell between 1993 and 2016, they rose slightly between 2013 and 2016.

Where does Uganda rank in GDP per capita?

About Uganda, the report states, “Uganda finds itself in third place on the list with a 2018 projected GDP per capita of USD 738. Although this represents a large leap from the level of the first two on the list, Uganda is a bit of a strange case.

Where can I find the Uganda Poverty Assessment Report?

The material includes a fact sheet. © 2016 International Bank for Reconstruction and Development / International Development Association or The World Bank Group 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 www.worldbankgroup.or g iii CONTENTS