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The 20 Poorest Counties in Africa in 2022. The largest number of the world’s poor live in Africa. The poorest of the poor live in abject poverty, on a total income of less than US $1 a day. The countries in the poorest of the poor in Africa are scattered across the continent, from West Africa to the Indian Ocean, throughout sub-Saharan Africa ...
Snapshot. Africa is the poorest continent with 22 of the 26 low-income economies as per the World Bank. Burundi is the poorest country not only in Africa but also in the world, with Somalia close behind. In 2020, Luxembourg's GDP per capita (PPP) of $118,356 (the world's highest) was over 150 times that of Burundi's $771.
CountryPer Capita (imf '23)Per Capita (un '21)Ppp (int)-$744$4,150-$624-$235$297$840$392$388$1,900Notably, this update includes for the first time poverty estimates based on imputed consumption data for three countries in Sub-Saharan Africa (Somalia, South Sudan, and Zimbabwe), including data on Somalia that previously had no survey estimate available in PovcalNet.
Oct 7, 2020 · More than 60% of the world’s poorest people live in Sub-Saharan Africa, which at 41% has the highest regional poverty rate. Around a quarter of the world’s population (24.1%; 1,811 million people) live on less than $3.20/day, while almost half (43.6%; 3,271 million people) live on less than $5.50/day.
Meanwhile, Malawi and Chad, with respective GNIs per capita of $645.2 and $716.8, completes the list of the top 10 poorest countries in Africa. 10 Poorest Countries in Africa (GNI per Capita): Burundi - $238.4; Central African Republic - $427.1; Sierra Leone - $461.4; Somalia - $461.8; Madagascar - $505.0; Niger - $533.0; Mozambique - $541.5
English. Français. STORY HIGHLIGHTS. A new World Bank report shows that poverty in Africa may be lower than current estimates suggest and no systematic increase in inequality, given the available data. Challenges remain substantial: more people are poor today than in 1990, two in five adults are still illiterate, and violence is on the rise.
Apr 8, 2024 · The Macro Poverty Outlook (MPO) analyzes macroeconomic and poverty developments in 48 developing countries in Sub-Saharan Africa. The report is released twice annually for the Spring and Annual Meetings of the World Bank and the International Monetary Fund.
