Ranked: The 15 Poorest Countries by GDP per Capita
Gross Domestic Product (GDP) per capita is one of the key indicators of economic development and prosperity. It is the measure of the total economic output of a country divided by its population. A higher GDP per capita indicates higher living standards, better access to resources and better overall quality of life. However, not all countries have the same level of GDP per capita. In this blog, we will look at the 25 poorest countries in the world ranked by their GDP per capita.
- Burundi – $261
Burundi is a landlocked country in East Africa and has the lowest GDP per capita in the world. It is one of the most densely populated countries in Africa and is plagued by political instability and civil war.
- South Sudan – $303
South Sudan is the youngest country in the world and has been in a state of conflict and political instability since its independence in 2011. It has a largely rural population and is heavily dependent on agriculture.
- Malawi – $381
Malawi is a landlocked country in Southeast Africa and is one of the least developed countries in the world. It has a largely rural population and is heavily dependent on agriculture for its economy.
- Central African Republic – $422
The Central African Republic is a landlocked country in Central Africa and has been plagued by political instability and civil war. It has a largely rural population and is heavily dependent on agriculture.
- Mozambique – $498
Mozambique is a country in Southeast Africa and has a largely rural population. It is heavily dependent on agriculture and has a large informal economy.
- Niger – $566
Niger is a landlocked country in West Africa and is one of the poorest countries in the world. It has a largely rural population and is heavily dependent on agriculture.
- Liberia – $605
Liberia is a country in West Africa and has a largely rural population. It has been plagued by political instability and civil war.
- Madagascar – $626
Madagascar is an island country in the Indian Ocean and has a largely rural population. It is heavily dependent on agriculture and has a large informal economy.
- Democratic Republic of Congo – $680
The Democratic Republic of Congo is a country in Central Africa and has a largely rural population. It has been plagued by political instability and civil war.
- Guinea – $707
Guinea is a country in West Africa and has a largely rural population. It is heavily dependent on agriculture and has a large informal economy.
- Eritrea – $766
Eritrea is a country in the Horn of Africa and has a largely rural population. It has a command economy and is heavily dependent on agriculture.
- Sierra Leone – $789
Sierra Leone is a country in West Africa and has a largely rural population. It has been plagued by political instability and civil war.
- Togo – $808
Togo is a country in West Africa and has a largely rural population. It is heavily dependent on agriculture and has a large informal economy.
- Afghanistan – $845
Afghanistan is a country in South Asia and has a largely rural population. It has been in a state of conflict and political instability since the Soviet invasion in 1979.
- Guinea-Bissau – $858
Guinea-Bissau is a country in West Africa and has a largely rural population. It is heavily dependent on agriculture and has a large informal economy.
- Rwanda – $925
Rwanda is a landlocked country in East Africa and has a largely rural population. It is heavily dependent on agriculture and has a growing service sector.
- Haiti – $945
Haiti is a country in the Caribbean and has a largely rural population.
