Search results
Oct 22, 2019 · South Sudan - $303. South Sudan is the poorest country in Africa with a per capita income of $303 per year. Having become an independent country only in 2011, Sudan is one of the world's youngest countries. As such, the country's economy is rather underdeveloped.
Nov 21, 2018 · The average poverty rate for sub-Saharan Africa stands at about 41 percent, and of the world’s 28 poorest countries, 27 are in sub-Saharan Africa all with a poverty rate above 30 percent.
Jan 23, 2020 · Poorest Countries in Africa. Data from 2017 shows that the poorest nation in Africa was the Central African Republic with a GDP per capita of only $681. The Democratic Republic of the Congo was the second poorest with only $785, Burundi was third with $808, and Liberia fourth with $867.
Apr 8, 2022 · This revision is largely driven by Sub-Saharan Africa, whose poverty rate is revised downward from 41.2 to 40.0 percent with the number of extreme poor changing from 433 (March 2021 vintage) to 420 million, and, more specifically, in the Western Africa poverty rate, which has been revised from 36.7 percent to 33.2 percent.
Estimates for Sub-Saharan Africa show that while the poverty rate continues to decrease, the number of poor increased by 18 million people between 2015 and 2018, continuing a trend documented in recent analysis. Most of the poor in Sub-Saharan Africa live in the East Africa region, which is home to 60% of the Sub-Saharan African population and ...
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.
May 12, 2022 · The principal messages of this report are that poverty in Africa is highly dynamic and that poor people move into and out of poverty because of consumption volatility arising from exposure to risks caused by shocks like the COVID-19 pandemic and that their inability to manage uninsured risks only increases their vulnerability.
