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- Ukraine. With a per capita GNI of $3,540, Ukraine is the poorest country in Europe as of 2020. Ukraine once had the second-largest economy in the USSR.
- Georgia. Georgia posted a GNI per capita of $4,290 in 2020, lower than any European country except Ukraine. Geographically bordered by Russia, Turkey, Armenia, and the Black Sea, this former member of the USSR is enduring some difficult times.
- Kosovo. Assuming, for the purpose of this discussion, that it is a sovereign country and not an independent Serbian territory, Kosovo had a per capita GNI of $4,440 in 2020, making it the third-poorest country in Europe.
- Moldova. Moldova is one of the poorest countries in Europe, with a GNI per capita of $4,570 in 2020. Formerly part of the USSR, Moldova faced political instability, economic decline, trade obstacles, and other hardships following the Soviet Union's collapse in 1991.
- The 10 Poorest Countries in Europe
- Moldova - GDP Per Capita (PPP): $17,779
- Armenia - GDP Per Capita (PPP): $18,007
- Bosnia and Herzegovina - GDP Per Capita (PPP): $18,956
- Albania - GDP Per Capita (PPP): $19,009
- North Macedonia - GDP Per Capita (PPP): $21,103
- Belarus - GDP Per Capita (PPP): $22,644
- Serbia - GDP Per Capita (PPP): $25,718
- Montenegro - GDP Per Capita (PPP): $27,616
- Bulgaria - GDP Per Capita (PPP): $31,302
Population: 2,553,000GDP per capita (PPP): $17,779GNI per capita: $5,370Population: 2,964,000GDP per capita (PPP): $18,007GNI per capita: $4,850Population: 3,443,000GDP per capita (PPP): $18,956GNI per capita: $6,810Population: 2,806,000GDP per capita (PPP): $19,009GNI per capita: $6,110Population: 1,829,000GDP per capita (PPP): $21,103GNI per capita: $6,190Population: 9,274,000GDP per capita (PPP): $22,644GNI per capita: $6,940Population: 6,807,000GDP per capita (PPP): $25,718GNI per capita: $8,460Population: 619,100GDP per capita (PPP): $27,616GNI per capita: $9,340Population: 6,855,000GDP per capita (PPP): $31,302GNI per capita: $11,200- Cory Price
Key findings from the data include: Among the poorest countries in Europe, Ukraine has the lowest GNI per capita at just $3.5K, followed closely by Moldova and Albania at $4.6K and $5.2K respectively. A pattern of economic struggle is evident in Eastern Europe and the Balkans.
Map of sovereign states in Europe by projected 2024 GDP (PPP) per capita based on international dollars. An interactive map with estimated data for 2024 from the IMF, using GDP based on purchasing power parity (PPP) per capita, shown in current international dollars.
Country2023143,304137,63889,53784,135- 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.
Apr 19, 2024 · Ukraine is the poorest country in Europe. Its poverty rate has increased by over 400% since war broke out in the country in 2022. Political instability, corruption, and conflict in Eastern Ukraine have hampered economic growth.
The ten poorest countries in Europe, based on GNI per capita, are Ukraine, Moldova, Albania, Republic of Macedonia, Bosnia and Herzegovina, Belarus, Serbia, Montenegro, Bulgaria, and Russia. Among the poorest countries in Europe, Ukraine ranks as the poorest with a GNI per capita of $3,540.
