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What is the UNCTAD's Least Developed Countries Report 2023?
What is the economic classification of the world's countries by UNCTAD?
What are the subgroups of developing countries?
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- Democratic Republic of the Congo. Human Development Index (2021): 0.479. GDP per Capita (2024): $710.16. Insider Monkey Score: 12.0 out of 100. Democratic Republic of the Congo ranks 11th on our list.
- Sudan. Human Development Index (2021): 0.508. GDP per Capita (2024): $479.04. Insider Monkey Score: 12.5 out of 100. Located in North Africa, Sudan is one of the least developed countries on our list.
- Madagascar. Human Development Index (2021): 0.501. GDP per Capita (2024): $548. Insider Monkey Score: 12.5 out of 100. Madagascar ranks 13th on our list. As of 2024, the country reports a GDP per capita of $548.
- Malawi. Human Development Index (2021): 0.512. GDP per Capita (2024): $472. Insider Monkey Score: 13.0 out of 100. Located in East Africa, Malwai is ranked 14th on our list.
- Sana Ijaz
- Liberia. HDI Ranking: 178. GDP Per Capita: $545. Composite Score: 11. Liberia's economic growth, primarily fueled by sectors such as mining and construction, has decelerated, leading to an expanding fiscal deficit.
- South Sudan. HDI Ranking: 191. GDP Per Capita: $1071. Composite Score: 12. South Sudan has the world's highest poverty rate, with approximately 76.4% of its population living on less than $2.15 a day.
- Burkina Faso. HDI Ranking: 184. GDP Per Capita: $832. Composite Score: 13. Burkina Faso's economic downturn is attributed to security challenges leading to mine closures and political instability.
- Madagascar. HDI Ranking: 173. GDP Per Capita: $505. Composite Score: 14. In Madagascar, economic growth is hindered by frequent natural disasters and a predominantly unskilled workforce, a consequence of the country's inadequate education system.
Countries by 2023 GDP (nominal) per capita. Development can be measured by economic or human factors. Developing countries are, in general, countries that have not achieved a significant degree of industrialization relative to their populations, and have, in most cases, a medium to low standard of living.
List of Least Developed Countries (as of 18 December 2023)* The list will be updated when new decisions by the General Assembly become available.
Mar 26, 2023 · Insider Monkey Development Score: 174.00. The Yemeni Civil War has made Yemen one of the least developed countries in the world, with the crisis continuing to the present day and being one of the ...
Jan 10, 2023 · January 10, 2023. 7 min read. Strong headwinds suggest that 2023 will be a difficult year for global economic development. Avoiding setbacks will be at least as important as making renewed...
Least developed countries | UNCTAD. Home. Topics. Least developed countries. We support the least developed countries to achieve structural economic transformation, increase productive capacity, reduce poverty and build resilience to adverse factors. UN recognition of LDCs. List of LDCs. Map of the LDCs. Country profiles of LDCs.
