The poorest countries in the world

(EN) Poverty levels in these countries have increased over the years. They have had a history of political instability, slow economic growth and sanctions from the international community since their independence. In addition, poor governance, corruption and political slander hinder the provision of basic services to its citizens. There is also an overdependence on international aid from the World Bank, the International Monetary Fund and benefactors

Democratic Republic of Congo

Democratic Republic of Congo

The most reliable measure of poverty levels in the world is GDP (gross domestic product), which represents the size of a country’s economy, and PPP (purchasing power parity), which takes levels into account. inflation and the standard of living of countries rather than just exchange rates. Other parameters include low literacy rates, high unemployment rates and high external debts.

However, it is no longer disputable that global organizations like the IMF are helping to improve the macroeconomic conditions in these countries. For example, most debts are written off while others are exempt from interest rates. Some countries also support their private companies and attract foreign investment.

In this list, we will explore the poorest countries in the world using a number of interactive tools

Islamic Republic of Afghanistan

Islamic Republic of Afghanistan

This locked Central Asian country is the 42nd most populous country in the world. Since the 1970s, it has been marked by bad governance, terrorism and political instability. This has resulted in great poverty for its citizens, who depend heavily on the working population. However, the life expectancy of the inhabitants of this country is estimated at 60 years, with only 32% of its population literate. The per capita income of the United Nations is estimated at less than $ 1,885. Afghanistan’s external debt stock represents 12.3% of its gross national income (GNI)

Burundi

Burundi infant

The member of the African Great Lakes region has been shaken by political instability in recent years due to poor governance and military coups. It is also one of the most unhappy countries in the world. The country has 10.5 million people, 81% of whom live on less than $ 1.25 a day. In addition, the country is frequently affected by natural disasters and the life expectancy of 56 years. However, its per capita income is $ 758.2 and its outstanding external debt represents 23.5% of its GNI.

Liberia

Liberia

Although this food-deficit country is recovering from years of political turmoil, it remains a country with high levels of poverty. In addition, the country is tainted with corruption after 20 years of civil unrest which has claimed more than 200,000 lives. Average per capita income is $ 804, with a small population of 4.4 million, 80% of whom earn less than $ 1.25 a day. Liberia has an external debt which represents 30% of its GNI although almost 59% of its population is employed

Haiti

Haiti

The weakness of the Haitian economy can be attributed to poor governance, inaccessibility to quality education and constant natural disasters. There was the 7.0 magnitude earthquake that hit the country in 2010, knocking its struggling economy to its knees. The country has nearly 10.5 million inhabitants, with a per capita income of $ 1,850. Since the country has been grappling with poverty, the stock of external debt has increased over the years, reaching 15% of its GNI.

Uganda

Uganda Africa Children Village Uganda Mbale Child

Although Uganda boasts of having natural resources and minerals such as petroleum, gold, copper, among others, little has been done by the country to stimulate its economy. The government has not addressed the levels of extreme poverty observed in rural areas such as northern Uganda. Much of the country’s development takes place in central Uganda, where the country’s capital, Kampala, is located. It enjoys a better standard of living thanks to industrial and agricultural development. Its average income per capita is 1,836 dollars, its population is 39 million inhabitants and its outstanding external debt represents 21% of the GNI.

Burkina Faso

Burkina Faso Africa Burkina Faso Houses

The West African nation is grappling with unstable governments and recurrent severe droughts that result in a constant economic crisis, year after year. However, the country enjoys good arable land which cultivates cotton without speaking about the numerous gold reserves of the country. The country has a population of 18 million, but a child labor force which represents 40% less than this figure. Its per capita income is $ 1,825, but its external debt stock represents 23% of GNI.

Rwanda

The new member of the East African Community recently laid the foundation for economic growth, dubbed “Vision 2020”. This aims to improve a number of things: youth employment, reduced education and the promotion of good governance. However, according to the World Bank, this country has a per capita income of $ 1,782, or a population of 12.1 million.

The poorest countries in the world

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The poorest countries in the world