10 Poorest Countries in The World in The World 2017
2 years ago curradmin 3
The word poor is derived from two words pauper and poure from Latin and Old French respectively. people living with lack of sufficient fund for their needs and cannot live at a standard considered normal or comfortable according to the society. there are many countries which are considered poor in the world due to the situation over there. Most of the poorest countries are in Africa. In the following article we are going to discuss about the poorest countries in the world.
these are the 10 poorest countries in the world 2017
10 – Guinea ($523.10 of GDP per capita)
The wealth of a country is measured by its Gross Domestic Product (GDP) per capita, with a GDP per capita of $523.10 Guinea is on the 10th position in this list . since 1990s Guinea has seen a lot of ups and downs. it has never been stable since 1990s. It was the time when Guinea did really well in mining and agriculture. most of the people in Guinea are dependent on agriculture, due to outdated technology and lack of information they could not do well.
09 Ethiopia ($505.00 of GDP per capita)
Ethiopia has always been considered relatively wealthy nation. Ethiopia has seen a lot changes, it has seen it’s worst time. in the past few years Ethiopia has gone through a lot of political and economical reforms. theoretically, Ethiopia is in the right direction but it the still one of the poorest countries in the world.
08 The Gambia ($488.60 of GDP per capita)
The Gambia is the next country on the list.The Gambia is one of the smallest and one of the poorest countries on the African continent. It has a population of 1.8 million and with a GDP per capita of $488.60 it holds the 8th position on the list of poorest countries in the world.
07 Democratic Republic of the Congo ($484.20 of GDP per capita)
Democratic republic of the Congo is the next country on the list with the 7th position on the list of poorest countries in the world with a GDP per capita of $484.20. It has a population of roughly 77 millions. A large population is not a good thing always. A large population in a poor nation means crisis of food and basic amenities at a larger scale.
06 Madagascar ($463.00 of GDP per capita)
Madagascar is the 6th country on the list with a GDP per capita of $463.00. There are poor countries which are making reforms and improving, but this is not the with Madagascar . It has a population of more than 20 millions people and the standard of living has declined rapidly.
05 Liberia ($454.30 of GDP per capita)
Liberia holds the 5th position on the list of poorest countries in the world with a GDP per capita of $454.30. Liberia has been into civil wars for past few years and it destroyed the entire country. The civil wars has snatched the life of people in Liberia
04 Niger ($415.40 of GDP per capita)
Niger is the 4th country on the list of poorest countries in the world with a GDP per capita of $415.40. Niger is one of the poorest country in the world and on the African continent. It continues to make developments in reducing infant mortality and education, still it needs a lot of reforms.
03 Central African Republic ($333.20 of GDP per capita)
Central African Republic is on the 3rd position on the list of poorest nations in the world with a GDP per capitata of $333.20 . Just like Liberia Central African Republic has also been a victim of wars and political instability. The country is naturally very rich and needs reforms in other to be a better nation.
2 Burundi ( $267.10 of GDP per capita)
suffering from recurring violence and political disputes, Burundi is the 2nd position holder in the list of poorest countries in the world with a GDP per capita of $267.10. The country is working tirelessly to rebuild itself, still it has not seen much improvements. It has an estimated population of 300,000 civilian casualties resulting in a 67 percent poverty rate.
01 Malawi (of $226.50 of GDP per capita)
With a population of 16 millions, it holds the 1st position on the list of poorest countries in the world. it has a GDP per capita of $226.50. There is nothing like standard of living in Malawi. living itself is a challenge in Malawi. Things like infrastructure, education and health care are dying in Malawi. The most of the economy of Malawi depends on the agriculture.