Everyone knows that after the coronavirus pandemic, the whole world is facing several problems. The top 2 most severe problems that affected each country are Health and Finance.
After this situation there arose a question, which is the poorest country in the world? Here in this article, we will tell you the top 10 poorest countries in the world.
These all poor countries are not facing financial problems but are also affected by many other crises like the use of drugs, health problems, crimes, unemployment, etc.
Following is the list of the top 10 poorest countries around the world.
Table of Contents
Niger is the 10th poorest country in the world. The GNI per capita is $540n according to 2020 stats. Niger is a landlocked country. It means, there is no ocean in this country. All the area is surrounded by land.
Import and Export are unavailable from the ocean. The whole population of Niger is 25 million. It is difficult for the government to handle this population with limited resources that is why Niger is among the poorest countries.
Liberia holds 9th position among the poorest countries in the world. The Civil war ended up in 2003 in Liberia. The country was financially strong till the end of the Civil War.
The total population of Liberia is 5.2 million according to 2021 stats. This is not so difficult for the government to grow up the economy as Niger.
The economic growth rate increased last year with a rate of 3.5% and the aim is to take the growth at 4.7% this year (2022).
Malawi is the 8th poorest country in the world. The GDP per capita of Malawi in 2021 was $12.15 billion. Malawi is also a landlocked country like Niger and is located in Southeastern Africa. The former name of Malawi was Nyasaland.
The poverty rate of Malawi is very high which makes it one of the poorest countries. Of 19 million of the population 54.6% are under the international poverty line. More than 80% of people are living with 2 US dollars.
You may also like: Biggest problems in the world
Madagascar is the 7th poorest country in the world. Madagascar is the 4th biggest Island on the Earth. The main source of income for this country is Tourism and Fishing. While only revenue from tourism is not enough to remove Madagascar from the list of poorest countries.
The poverty rate of Madagascar in 2021 is 75%. The poverty rate is decreased from the stats of 2021. Climate change also affecting Madagascar. The water level is rising day by day.
Mozambique is the sixth poorest country in the world. Mozambique’s poverty rate according to 2021 stats is 60%. The country is facing this poverty after the Mozambican war. Even after plenty of natural resources, the country is facing with high poverty rate.
The poverty rate has been increased from 2015 to 2019. Of the 32 million of the population, around 20 million people are under the international poverty line.
5. The Democratic Republic of the Congo:
The Democratic Republic of the Congo is the second-largest country in Central Africa by area. The estimated poverty rate of the Democratic Republic of the Congo is 73%.
By counting the population of poor people in each country, the Democratic Republic of the Congo holds third position. While the Democratic Republic of the Congo is the 5th poorest country in the world.
4. Central African Republic:
The Central African Republic is the 4th poorest country. The country is slightly fading out from the list of poorest countries in the world for some years.
The Central African Republic has rich natural resources like diamond, gold, uranium, etc.
The poverty rate in the Central African Republic is 62%.
You may also like: Most spoken language in the world
Somalia is facing climate change effects. High crime rates, violence, and floods are the primary issue in Somalia. Somalia is the 3rd poorest country in the world.
The poverty rate in Somalia according to 2021 stats is 73%. The recent Civil War badly affected the economy of the country.
2. South Sudan:
South Sudan is the 2nd poorest country. Oil is the main source of income for South Sudan. Of 11 million people, 76% people live under the International poverty line.
99 percent of people in South Sudan are living with less than $10 per day. Around 83% of inhabitants belong to rural areas.
1. Burundi-Poorest country in the world:
Burundi is the poorest country in the world. The population of Burundi is 12 million. Located in East Africa, Burundi is also a landlocked country. The GDP rate of Burundi according to 2021 stats is 3.10 USD billion.
The poverty rate in Burundi is 65 percent. Burundi is the poorest country because of 86% inhabitants of rural areas.
Also read: Largest cities in the world
This is the list of the top 10 poorest countries in the world. If there will be any update, we will update the information in the article.
You may also like: Biggest countries in the world
Last Updated on November 16, 2022