What is the POOREST COUNTRY in the WORLD

What is the poorest country in the world

The best indicator to evaluate which is the poorest country in the world is the Gross Domestic Product (GDP) per capita of each country. This indicator refers to the value of goods and services produced by an economy in a current year to determine the measure of economic activity in a country through the disposable income for each person who lives in it.

Would you like to know which is the country with the highest poverty rate in the world? In oneHOWTO we discover you what is the poorest country in the world and, in addition, we explain why.

The poorest country in the world

Burundi is the poorest country in the worldWell, it has the Lower GDP per capita of the planet (approximately 275.48 dollars or 230 euros). Here we mention more data to better understand the situation of the poorest country in the world, Burundi or Republic of Burundi:

  • This African country has 11,215,578 inhabitants.
  • It has a debt of 1,117 million euros, which is equivalent to 38.08% of its GDP.
  • The people of this country are facing a humanitarian crisis with serious economic deterioration, extreme food insecurity and, if that were not enough, they are also currently suffering a malaria epidemic.
  • According to FAO data, 7 out of 10 households in this country have difficulties getting a daily meal and 2 out of 10 households spend several whole days without eating.
  • In 2018, Burundi’s death rate was 7.93 ‰ and life expectancy was just 61.25 years.
  • The birth rate in this country is 39.01 ‰, which places it among the countries with the highest birth rate in the world. In fact, a high birth rate is one of the main characteristics of poor countries.
What is the poorest country in the world - The poorest country in the world

Poorest countries in America

More than 250 million inhabitants suffer from poverty in Latin America, of which some 60 million people suffer extreme poverty, a figure that has been continuously increasing since 2017. This list is headed by the Republic of Haiti.

In Haiti more than half of the population is in rural areas working in the fields; however, the soils are not very fertile, since in many parts the land is eroded. In this way, we see how the majority of people cultivate for their own family consumption. Also, in recent years this island has been hit by hurricanes and devastating earthquakes like that of 2010, events that have notably increased poverty in this Central American country.

Despite all this, Haiti exports coffee, cocoa, edible oils of various kinds, sugar and artisan products to the rest of the world, as well as minerals such as bauxite. For its part, the textile sector represents a little more than 70% of exports and 85% of the GDP of this region.

These are the 10 poorest countries in the Americas in 2019, measured according to their GDP per capita in dollars:

  1. Haiti: $ 893.97
  2. Nicaragua: $ 2,140
  3. Honduras: $ 2,870
  4. Venezuela: $ 3,100
  5. Bolivia: $ 3940
  6. The Savior: $ 4190
  7. Guatemala: $ 4700
  8. Belize: $ 4890
  9. Guyana: $ 4940
  10. Jamaica: $ 5480
What is the poorest country in the world - America's poorest countries

Poorest countries in Europe

Moldova, a European country belonging to the former Soviet Union and located between Ukraine and Romania, is considered the poorest country in Europe, since its GDP per capita is 2,000 dollars. In this country, professionals are undervalued and must work mainly as laborers, either for a company or on their own account, since in Moldova working as a worker is more monetarily productive than exercising any other profession.

This country has suffered a strong emigration towards other European countries such as Italy, Spain and Portugal. Of the 3.5 million people who lived in Moldova in 2017, almost half have gone abroad. One of the main sources of income in this country are remittances sent by people who have left the country in search of a better life, also to be able to help their loved ones in Moldova.

Here is a list of the 10 poorest countries in Europe, measured according to its GDP per capita in dollars. It should be noted that most of these countries made up the former Soviet Union:

  1. Moldova with 2000 $ of GDP.
  2. Ukraine with $ 3,130 of GDP.
  3. Armenia with $ 4450 of GDP.
  4. Azerbaijan with $ 4,780 of GDP.
  5. Georgia with $ 4,810 of GDP.
  6. Albania with $ 5450 of GDP.
  7. Bosnia and Herzegovina with $ 5,920 of GDP.
  8. Macedonia with $ 6,140 of GDP.
  9. Belarus with $ 6,370 of GDP.
  10. Serbia with $ 7,200 of GDP.
What is the poorest country in the world - The poorest countries in Europe

Asia’s poorest countries

Asia is the largest continent on earth with a population of more than 3.5 billion people. It also has a large number of countries affected by extreme poverty.

The poorest country in Asia is AfghanistanAccording to data from the International Monetary Fund, it has a GDP per capita of $ 577.21. Afghanistan is a country that depends mainly on agriculture, with more than 60% of the inhabitants working in the cultivation of cereals.

Afghanistan has large gas reserves and could improve its economy with its reserves, but this is extremely difficult due to the constant wars in the country. Other economic activity that takes place in Afghanistan is textiles, a field that has declined notably in recent years for warlike reasons. Afghanistan is also one of the most dangerous countries in the world.

The 10 poorest countries in Asia According to their GDP per capita published by the International Monetary Fund in 2019 they are:

  1. Afghanistan: $ 577.21
  2. Tajikistan: $ 815.41
  3. Nepal: $ 1010
  4. Yemen: $ 1080
  5. Kyrgyzstan: $ 1,310
  6. Burma / Myanmar: $ 1,390
  7. Uzbekistan: $ 1560
  8. Cambodia: $ 1600
  9. Bangladesh: $ 1880
  10. India: $ 2,190
What is the poorest country in the world - Asia's poorest countries

The 20 poorest countries in the world

Next, in a HOWTO, we show you a list of the 20 poorest countries in the world, that is, those with the lowest GDP per capita index in the first quarter of 2020, measured in US dollars:

  1. Burundi: $ 275.48
  2. Malawi: $ 395.26
  3. Eritrea: $ 401.25
  4. South Sudan: $ 430.00
  5. Central African Republic: $ 482.70
  6. Madagascar: $ 535.40
  7. Sierra Leone: $ 541.39
  8. Afghanistan: $ 542.59
  9. Democratic Republic of Congo: $ 544.98
  10. Mozambique: $ 550.97
  11. Niger: $ 615.65
  12. Liberia: $ 687.51
  13. Togo: $ 688.71
  14. Chad: $ 739.02
  15. Gambia: $ 739.02
  16. Yemen: $ 762.97
  17. Rwanda: $ 794.11
  18. Guinea-Bissau: $ 814.48
  19. Burkina faso: $ 832.44
  20. Tajikistan: $ 838.43

If you have been interested in this article, you may also want to discover What is the richest country in the world.

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