Why do countries such as vietnam and ethiopia remain considerably poorer if they have higher growth rates?

Niken asked Dec 22, 2023

453,996 views

5 votes

Niken asked Dec 22, 2023

by Niken

2.6k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

23 votes

Answer:

Because Vietnam and Ethiopia are starting from a much smaller level of GDP.

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers