Poorest Country In The World

List of the poorest countries of the world.

Poorest country in the world. Poor people can be found in every country of the world but there are some countries where poverty is especially acute. However if you figured that every country that is listed as one of the poorest countries in the world is also a third world country or a nation with a public debt problem then you are not that far from the truth. While scrutinizing the list of top poorest countries the latest results from imf were taken as reference. Some of them even don t have the liberty to enjoy three meals every day.

The country is entirely landlocked and is surrounded by rwanda tanzania and the democratic republic of congo. All of the world s poorest countries are located in the southern. The world has enough wealth and resources to ensure that the entire human race enjoys a basic standard of living. Illustrating the poorest countries of the world requires certain benchmark like ppp or per capita gdp.

Poverty is seen in most parts of these countries. Ongoing conflict and the effects of climate change mean that nearly 48 of chadians live in a state of economic vulnerability per world bank data from 2011. The world now has almost one billion people that live below the world bank poverty line of u s. Poverty is determined by gdp gross domestic product literacy rate and employment rate which are the parameters to determine the level of poverty of a country.

This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita i e the purchasing power parity ppp value of all final goods and services produced within a country in a given year divided by the average or mid year population for the same year. Despite a 4 billion pipeline that links the country s oil fields to coastline terminals chad is one of the world s poorest countries thanks to poor infrastructure and conflict most notably from the militant group boko haram. Its unemployment rate is 35 and 42 of the population live on less than 1 a day. Some of the poorest countries in the.

The poorest countries in the world might not be as obvious as you may have assumed. Due to the decades of war and nearly complete lack of foreign investment the nation sgdp per capita stands at 956. Despite how grim that may sound these countries stand to benefit the most in the coming years as emerging markets will become vitally important to the global economy although per capita gdp will still be the highest in the developed world by 2023 the fastest growth in gdp per capita will indeed come from many of the world s poorest economies currently. Burundi located in central africa is the number one poorest country in the world by current figures.

Afghanistan is probably the only poorest country in the world that doesn t need any introduction.