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Poorest Countries in Europe 2024. Snapshot. In 2020, Ukraine was Europe's poorest country, followed by Georgia and Kosovo. The European Union's economy is among the top three globally, with such individual countries as Germany leading.
The data reveal that the ten poorest countries in Europe are Ukraine, Moldova, Albania, North Macedonia, Bosnia and Herzegovina, Belarus, Serbia, Montenegro, Bulgaria, and Romania. These nations demonstrate unique economic landscapes and face a diverse array of challenges.
Mar 29, 2023 · Nominal world GDP per capita is expected to go from $13,400 in 2022 to $13,920 in 2023, but in contrast to the rest of the world, per capita economic output in Africa is much lower than in continents such as North America or Europe.
- South Sudan🇸🇸 Current International Dollars: 476 | View South Sudan’s GDP & Economic Data. The very poorest of the world’s poorest countries, South Sudan has been wracked by violence since its creation in 2011.
- Burundi🇧🇮 Current International Dollars: 890 | View Burundi’s GDP & Economic Data. Tiny landlocked Burundi lacks natural resources and has been scarred by a 12-year civil war, contributing to its ranking of second-poorest country in the world.
- Central African Republic (CAR)🇨🇫 Current International Dollars: 1,127 | View CAR’s GDP & Economic Data. Rich in gold, oil, uranium and diamonds, the Central African Republic is a very wealthy country inhabited by very poor people, and has been among the poorest countries in the world for the better part of a decade.
- Democratic Republic of the Congo (DRC)🇨🇩 Current International Dollars: 1,510 | View DRC’s GDP & Economic Data. Since gaining independence from Belgium in 1960, the DRC has suffered decades of rapacious dictatorship, political instability and constant violence, making it a regular in our rankings of the world’s poorest countries.
- Macedonia. GDP per Adult in 2021: $8,624. Macedonia, commonly known as North Macedonia, is a landlocked country positioned in Southeastern Europe. Its capital and largest city is Skopje.
- Belarus. GDP per Adult in 2021: $9,129. The Republic of Belarus is a landlocked country located in Eastern Europe. Minsk serves as both its capital and largest city.
- Serbia. GDP per Adult in 2021: $11,538. Serbia, known officially as the Republic of Serbia, is a landlocked country located in Southeastern and Central Europe.
- Montenegro. GDP per Adult in 2021: $12,231. Montenegro is located in Southeastern Europe. It is a member of several organizations including the UN, NATO, and the WTO.
This is a map and list of European countries by GDP per capita at purchasing power parity . Map of sovereign states in Europe by projected 2024 GDP (PPP) per capita based on international dollars.
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The World Bank updated the global poverty lines in September 2022. The decision follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert different currencies into a common, comparable unit and account for price differences across countries.
