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5 Poorest Countries in the World 1. Burundi. Burundi is the world's poorest country. It has over 13.2 million people and is growing at a rate of 2.87%, making it one of the fastest-growing countries in the world; however, Burundi faces the threat of overpopulation. The country's largest industry is agriculture, making up 32.9% of its GDP and ...
- Burundi - $905.01
- South Sudan - $993.23
- Central African Republic - $1,140
- Somalia - $1,370
- The Democratic Republic of The Congo - $1,420
- Mozambique - $1,540
- Niger - $1,550
- Malawi - $1,640
- Liberia - $1,760
- Chad - $1,790
The small, landlocked country of Burundi, gained independence from Belgium in 1962 but is still ridden with violence. In 1965 there was the infamous Hutu-Tutsi ethnic conflict. Although the civil war ended over 15 years ago, the world's poorest country is wrought with endemic corruption and security concerns. Citieslack infrastructure, with very li...
South Sudan was born out of an agreement that ended Africa's longest-running civil warand formed on July 9, 2011, from Sudan's ten southernmost territories. It is the world's newest nation and already second-poorest with 11.5 million inhabitants including 60 indigenous ethnic groups living amidst poverty and persistent violence. The 2018 conflict e...
Central African Republic is the third poorest by GDP/capita but the world's hungriestwith the 2018 Global Hunger Index (GHI) indicating "extremely alarming" levels. The majority of the 5.4 million residents live at or below the poverty line, with a life expectancy of only 52.9 years. Residents manage to complete 4.3 years of schoolingamidst lives d...
The country in the "Horn of Africa" is full of poverty and wrecked with violence from decades-worth of conflict while the government focused on security. By the time troops pushed back the Islamist Al-Shabaab, the nation was knees-deep in poverty. A smooth election in May landed the quasi-independent Republic of Somalia, and DP World's new containe...
The Democratic Republic of the Congois home to over 80 million hectares of arable land, thousands of minerals, and valuable metals. It is also the world’s largest producer of cobalt and Africa’s leading source of copper, with the potential to drive the economy of the whole continent. The country emerged independent from Belgium in 1960 only to go t...
The over 30 million citizens of the former Portuguese colony receive 3.5 years of mean education. Despite plenty of arable lands, mineral resources, energy, and water access, large sections of the population live in poverty. After the 15-year-long civil war ended in 1992, corruption and political instability stayed, while intensified fighting from ...
Niger is a landlocked country with an 80% desert landscape and rapid population growth contested by small-scale agriculture. Climate change and desertification led to three major agricultural crises within ten years and food insecurity like never before. Niger is an unstable state since independence, with military coups, army clashes, and the Islam...
Malawi is economically-constrained from relying singularly on one agricultural crop subsistence of tobacco. The limited financial abilities and poor business environment cannot support the populace. There is immense public debt in fiscal and current account imbalances with heavy reliance on international financing. People lack services from crowded...
Africa’s oldest republic exhibits a long history of suffering with a period of civil wars from 1989 to 2003. Liberia was later hit by West African Ebola with 10,675 infected and 4,809 dead between 2014 and 2016. Finally achieving peace, the country still struggles with poverty with every-third child stunted from malnutrition. In 2016, half of the p...
Upon oil-discovery early this century, the former agrarian country became the tenth-largest oil holderon the continent. There was a law requiring to consult before spending public money, and reserve 80% of royalties and 85% of dividends to fight poverty. Instead, the autocratic government since 1990, Déby, spent most funds on militia in lieu of fin...
Apr 22, 2021 · Having looked at the richest countries in the world, which nations are at the bottom of the list in terms of GDP per capita, in nominal terms? This map looks at the world’s 25 poorest countries by this metric. Country. GDP per capita (USD) Burundi. $263.67. South Sudan. $303.15. Malawi.
- 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.
Guatemala. 59.3%. Eswatini. 58.9%. Haiti. 58.5%. Sierra Leone. 56.8%. The majority of countries in the world, as well as organizations such as World Bank, the OECD (Organization for Economic Co-operation and Development), and the European Union, set the national poverty line at 50% of a given year's median income.
Country% Less Than $10/day% Less Than $3.65/dayPoverty Rate99.5%90.2%54.4%99.1%89.1%50.7%98.8%86.5%82.3%97.6%81.1%40.8%Mar 29, 2023 · The Briefing. Global GDP per capita continues to grow every year, and is projected to sit at $13,920 for 2023 (current prices) There are as many as 123 countries whose per capita GDP is below the global average. Burundi is the poorest country in the world with a per capita GDP of about $308.
Country% Less Than $10/day% Less Than $3.65/dayPoverty Rate99.5%90.2%54.4%99.1%89.1%50.7%98.8%86.5%82.3%97.6%81.1%40.8%According to World Bank data, in 1990 there were 2.00 billion people living in poverty, and in 2019 that had fallen to 0.648 billion. The average fall over the 29 years in between is: (2.00 billion – 0.648 billion)/29 = 46.6 million.
