Yahoo Web Search

  1. About 10,400,000 search results

  1. People also ask

    Which country is the poorest in Western Europe?

    What are the wealthiest countries in Europe?

    Where is the poorest part of Europe?

    What are the top 10 countries in Europe?

    • Moldova. Moldova is the poorest country in Europe, with a GDP per capita of $2,289. Part of the USSR, Moldova faced political instability, economic decline, trade obstacles, and other hardships following the Soviet Union's collapse in 1991.
    • Ukraine. With a per capita GDP of $2,639, Ukraine is the second-poorest country in Europe. Ukraine had the second-largest economy in the USSR; however, after its collapse, Ukraine had difficulty transitioning into a market economy, sending much of the population into poverty.
    • Kosovo. Kosovo has a per capita GDP of $3,893, making it the third-poorest country in Europe. Kosovo is a partially recognized state that declared itself independent from Serbia in 2008.
    • Albania. Albania has a GDP per capita of $4,537. After the USSR's disintegration in the 1990s, Albania shifted from a socialist economy to a capitalist market economy.
    • Oishimaya Sen Nag
    • Ukraine - 2,963. Though the Ukrainian economy was the second largest in the Soviet Union, after the dissolution of the union, independent Ukraine made a major transition from a planned economy to a market economy which plunged a major section of the country into poverty.
    • Moldova - $3,218. Moldova is an Eastern European landlocked nation that is bordered by Ukraine and Romania. Chișinău is the capital city of the country.
    • Kosovo - $4,403. Kosovo ranks third among the poorest countries in Europe. The country is a landlocked region located in the central Balkan Peninsula. It is a disputed territory and a partially recognized state.
    • Albania - $5,289. Albania is a Southeast European nation bordered by Kosovo, North Macedonia, Greece, and Montenegro. It also has a coastline on the Ionian Sea and the Adriatic Sea.
    • UKRAINE. With the lowest GDP per capita, Ukraine is considered the poorest country in Europe in 2021. The largest European country by area (excluding Russia) with once huge economic potential.
    • MOLDOVA. The state of Moldova is located between Romania and Ukraine. It has no access to the sea. The economy is very weak and mainly focused on agriculture.
    • ALBANIA. The Republic of Albania is located in the southeastern part of Europe on the Balkan Peninsula, bordering the Adriatic and Ionian Seas. A small country with a population of slightly less than 3 million people was in the "captivity" of the planned socialist economy until the early 90s of last century, so the transition to market relations is proceeding rather slowly.
    • BOSNIA AND HERZEGOVINA. The military and political turmoil in Bosnia and Herzegovina decades ago still does not allow the country to reach a high level of development and provide its citizens a decent life by European standards.
    • Kosovo - GDP per capita $10,766. Kosovo is the poorest country in Europe. It is located in the central Balkan Peninsula. Its population is estimated at 1.8 million.
    • Moldova - GDP per capita $12,325. Moldova is one of the worst economies in Europe. The landlocked country located in Eastern Europe has a population of 2.6 million people.
    • Ukraine - GDP per capita $12,377. Ukraine is one of the poorest EU countries. It has an estimated population of 44.13 million people. Since the fall of the Soviet Union, widespread poverty is one of the most acute socio-economic problems for the country.
    • Albania - GDP per capita $13,295. Albania is one of the worst European countries in terms of GDP per capita. Its population is estimated at 2.8 million people.
    • Bulgaria
    • Montenegro
    • Belarus
    • Serbia
    • North Macedonia
    • Bosnia and Herzegovina
    • Albania
    • Kosovo
    • Ukraine
    • Moldova

    The tenth most poverty-stricken country in Europe is Bulgaria and one of the developing countries. Its market economy is a subpart of the single European market. Its per capita gross domestic product is approximately $ 8,031. It mainly depends on services, after machinery manufacturing, mining and agriculture. It is also considered the most corrupt...

    As per the World Bank, it is an upper-middle-income country. Mostly its economy is based on the service sector. The nation undertook the slump in 2008 as part of the global recession, with a 4% decrease in GDP. Even so, Montenegro is the only country in the Balkans that becomes a target to enhance foreign direct investment. Urban development and de...

    In 1990, industrial output fell due to imports, investment, and the need for Belarusian goods from its trading partners. In 1996, its GDP improved, and in terms of its economy, the country became the fastest former Soviet republic.

    Serbia has an upper-middle-income economy with a significant employment sector. The global economic crisis has made a dramatic change in its economy. The GDP per capita of Serbia is $5,900. In early 2000, Serbia endured an eight-year economic decline until the global recession in 2008. Natural catastrophes like floods and earthquakes have also decr...

    North Macedonia is a middle-income country, and the growth of an open economy has gone through an ample financial recovery since independence in 1991. From 1996, North Macedonia has observed constant and slow economic development with a GDP growth of 3.1%. The government succeeded in its trials to deal with inflation and implemented policies to att...

    After the tourism and service sectors, the industry and agriculture sectors overtook Bosnia and Herzegovina economies, of which there has been considerable growth in recent years. The main cause of its economic downfall is the transitional economy and material destruction during the Bosnian war. The Bosnian economy underwent a dramatic change since...

    In 1990, it undertook a transition process after communism ended, ranging from centralized planning to a market-based economy. Italy, Greece, China, Spain, Kosovo, and the United States are Albania’s largest trading partners. However, Albania is the fourth-lowest country in Europe; its economy is growing steadily as of its rich natural resources or...

    In 2008, A disputed territory and a partially known state announced its independence from Serbia. Kosovo has a transitional economy. Rather than toppling foreign aid, GDP grew mostly after the Declaration of Independence. This was due to the economic hardship of 2007–2008 and the following European debt situation. Also, the rate of inflation was lo...

    Europe’s second-largest country is Ukraine, after Russia. In 1991, Ukraine obtained its independence after the dissolution of the Soviet Union and became a neutral state. It goes through a lot of poorness and severe corruption. Despite this, Ukraine is one of the world’s largest grain exporters due to its extensive fertile farmland. It also holds t...

    The poorest country in Europe is Moldova. After the downfall of the Soviet Union, Moldova underwent a political crisis, financial fall, business crisis, and other problems. The major reasons contributing to poverty contain shortage of large-scale industrialization, economic ruin during the change to a market economy, and misconceptions in social st...

  1. People also search for