SHARE

Top 7 Of The Poorest Countries In The World

Must Read

Savika – The Extremely Dangerous Traditional Bull Wrestling Culture in Madagascar

In the island country of Madagascar, there exists an incredible and little-known form of bullfighting called 'Savika'.

Black Billionaires: Top 15 Richest Black People in the World (2021)

Nigerian Cement tycoon 'Dangote' is the richest black person in the world, with a fortune estimated at $11.9 billion (as of January, 2021).

7 Little Known Facts About The Atlantic Slave Trade

Here are 7 Little known facts about the atlantic slave trade that saw a vast majority of africans transported...
SHARE



Based on data gathered from Global Finance magazine, here are the 30 richest and the 20 poorest countries in the world

poverty
7. MOZAMBIQUE – Average Annual Income per person: $1,209

In the last decade, Mozambique’s economy has been strengthened by the boost in its construction, transportation and some other sectors of the economy. Unfortunately, this hasn’t done much to combat the presence of widespread poverty among its own people.

6. NIGER – Average Annual Income Per Person: $1,070

Political instability continues to hinder any real progress when it comes to Niger’s economy despite some growth within the agricultural sector in recent years, the country has a very low living standards and economic growth.

5. BURUNDI – Annual Income Per Person: $951

Due to an ongoing political crisis, this African country continues to struggle with low levels of development, widespread poverty and high levels of corruption. This country is also one of the hungriest country of the world and is rising on the global hunger index with every passing year.

4. Liberia – Average annual income per person: $934

Liberia continues to struggle with poverty and corruption following the 1989-2003 civil war that killed over 200,000 people

3. Malawi – Average annual income per person: $820

High inflation, low living standards and strong reliance on donor financing continue to plague Malawi’s economic sector.
Life expectancy is also very low.

2. DR Congo – Annual income per person: $754

Long-running conflicts continually inhibit political, institutional and economic development in this country.

Related:   Malawi Has Been Named Country of the Year
Related:   Black Billionaires: Top 15 Richest Black People in the World (2021)

1. CENTRAL AFRICAN REPUBLIC – Average Annual Income Per Person: $640
Sparsely populated and landlocked, the nation is overwhelmingly agrarian. The vast bulk of the population engages in subsistence farming and 55% of the country’s GDP arises from agriculture.
SOURCES:
www.msn.com/en-au/news/photos/the-worlds-richest-and-poorest-countries-of-2016/ss-CCvMuW?index=50

https://www.gfmag.com/global-data/economic-data/the-poorest-countries-in-the-world



Uzonna Anele
Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world.

Leave a Reply

Subscribe to receive email updates

With a subscription profile, you automatically receive updates without having to return to the website and check for changes

Just In

Savika – The Extremely Dangerous Traditional Bull Wrestling Culture in Madagascar

In the island country of Madagascar, there exists an incredible and little-known form of bullfighting called 'Savika'.

More Articles Like This