Which is the poorest country in the world | Top ten poorest country in the world 2022-2023

Have you ever wondered which is the poorest country in the world? let’s see which is the poorest country in the world.

The poverty of a nation depends on several factors such as natural resources, political, social, environmental, economic, and physical. Accordingly, Burundi is the poorest country in the world. Besides, In this article, you will learn about the 14 poorest countries globally.

Table

World’s 14 poor countries by GDP (PPP) per capita:

Below is the list of the 14 poor countries in the world.

  1. Burundi
  2. Somalia
  3. The central African Republic
  4. DR Congo
  5. Malawi
  6. South Sudan
  7. Niger
  8. Mozambique
  9. Liberia
  10. Chad
  11. Madagascar
  12. Sierra Leone
  13. Yemen
  14. Afghanistan

Burundi (1st poorest country)

It is a landlocked country in the Great Rift Valley, and it is also the poorest country in the world. The population of Burundi is In this country, the occupation of 89% of the labor force in agriculture, so the economy is heavily dependent on agriculture. GDP per capita based on purchasing power parity was $733 in 2018, and about 53% population of the country is below the poverty line. At the same time, the Position of Burundi in the list of countries by Human Development Index was 185 out of 189 countries. Besides, Burundi’s rank in the list of countries by GDP (PPP) per capita was 226 out of 226 in 2021. While the GDP (nominal) per capita position was 215 out of 216 countries in 2021. So it is the poorest in the list of countries by GDP (PPP) per capita. And the 2nd most impoverished country in terms of GDP (nominal) per capita.

Somalia (2nd poorest country)

Somalia’s rank in the list of countries by GDP (PPP) per capita was 225 out of 226 in 2021. While the GDP (nominal) per capita position was 214 out of 216 countries in 2021. So it is the 2nd poorest in the list of countries by GDP (PPP) per capita. And the 3rd most impoverished country in the world in terms of GDP (nominal) per capita.

The central African Republic (3rd poorest country)

The central African Republic’s rank in the list of countries by GDP (PPP) per capita was 224 out of 226 in 2021. While the GDP (nominal) per capita position was 211 out of 216 countries in 2021. So it is the 3rd poorest in the list of countries by GDP (PPP) per capita. And the 6th most impoverished country in the world in terms of GDP (nominal) per capita.

DR Congo (4th poorest country)

DR Congo’s rank in the list of countries by GDP (PPP) per capita was 223 out of 226 in 2021. While the GDP (nominal) per capita position was 206 out of 216 countries in 2021. So it is the 4th poorest in the list of countries by GDP (PPP) per capita. And the 11th most impoverished country in the world in terms of GDP (nominal) per capita.

Malawi (5th poorest country)

Malawi’s rank in the list of countries by GDP (PPP) per capita was 222 out of 226 in 2021. While the GDP (nominal) per capita position was 209 out of 216 countries in 2021. So it is the 5th poorest in the list of countries by GDP (PPP) per capita. And the 8th most impoverished country in the world in terms of GDP (nominal) per capita.

South Sudan (6th poorest country)

South Sudan’s rank in the list of countries by GDP (PPP) per capita was 221 out of 226 in 2021. While the GDP (nominal) per capita position was 216 out of 216 countries in 2021. So it is the 6th poorest in the list of countries by GDP (PPP) per capita. And the poorest country in the world in terms of GDP (nominal) per capita.

Niger (7th poorest country)

Niger is a landlocked West African nation and among the world’s poorest and least developed countries. Niger’s rank in the list of countries by GDP (PPP) per capita was 220 out of 226 in 2021. While the GDP (nominal) per capita position was 204 out of 216 countries in 2021. So it is the 7th poorest in the list of countries by GDP (PPP) per capita and the 13th poorest country in GDP (nominal) per capita.

Mozambique (8th poorest country)

It is among the poorest and least developed nations in the world. In addition, the economy of Mozambique was severely affected by the Mozambican Civil War (1977–1992). As a result, Mozambique’s rank in the list of countries by GDP (PPP) per capita was 219 out of 226 in 2021. While the GDP (nominal) per capita position was 213 out of 216 countries in 2021. So it is the 8th poorest in the list of countries by GDP (PPP) per capita and the 4th poorest country in GDP (nominal) per capita.

Liberia (9th impoverished country)

Liberia is among the poorest and least developed countries in the world. So, It is the 9th impoverished nation in the world. This nation’s population is approximately 5 million and covers a land area of 111,369 square kilometers. Liberia’s Human Development Index (HDI) ranking is 175th, and GDP (PPP) total was $6.468 billion in 2019. Besides, the nation’s GDP (PPP) per capita was $1,413. 

Chad (10th poorest country)

Chad is a landlocked nation with a population of 16 million and an area of 1,284,000 square kilometers. Besides, Chad is one of the world’s poorest and least developed countries. It is the 10th poorest country in GDP (PPP) per capita. Besides, GDP per capita in PPP was $2,442 in 2018. It is poor due to its geographic remoteness, drought, lack of infrastructure, and political turmoil. Roughly 85% of the residents rely on agriculture, including the herding of livestock. In 2018, the GDP of this country was $11.051 billion in nominal terms and $30.507 billion in PPP terms. Besides, Chad’s GDP (nominal) per capita rank was 201 in 2021. 52.7% of Chad’s GDP comes from the agriculture sector, 6.7% from the industry sector, and 40.6% from the service sector. 

Which is the poorest country in the world

Madagascar (11th poorest country)

Madagascar is an island nation in the Indian Ocean with 28,427,328 inhabitants and a 226,658 sq mi area. This country’s total GDP (PPP) was $45.948 billion in 2019, and GDP (PPP) per capita was $1,697. According to the United Nations, it is among poor and least developed countries. 60.3% of the country’s GDP comes from the service sector, 23% from the agriculture sector, and 16% from the industry sector. Madagascar’s rank in the list of countries by GDP (PPP) per capita was 216 out of 226 in 2021. while the GDP (nominal) per capita position was 212 out of 216 countries in 2021. So it is the 11th poorest country according to its GDP (PPP) per capita and the 5th poorest country according to its GDP (nominal) per capita. In addition, the country ranked 164 out of 189 countries in the list of countries by human development index (HDI). 

Sierra Leone (14th poorest country)

Sierra Leone is among the poorest and least developed nations globally. The population of this country is 7,092,113, and it covers an area of 71,740 square kilometers. Besides, The gross domestic product (GDP) of Sierra Leone was around US$1.9 billion in 2009. Sierra Leone Civil War had a terrible impact on the country’s economy. Sierra Leone’s rank in the list of countries by GDP (PPP) per capita was 213 out of 226 in 2021. while the GDP (nominal) per capita position was 210 out of 216 countries in 2021.

So it is the 14th poorest country according to its GDP (PPP) per capita and the 7th poorest country according to its GDP (nominal) per capita. The nation’s GDP per capita (PPP) was about $1,616, and GDP per capita nominal was $539 in 2018. Besides, the main export partners of the country are China (50.9%), Belgium (18.1%), Japan (7.9%), Turkey (5.9%), Netherlands (4.5%), Indonesia (4.5%). At the same time, the main import partners of this country are China (18.4%), India (12.1%), South Africa (8.1%), United States (7.6%), United Kingdom (6.6%), Côte d’Ivoire (5.6%), and Belgium (4.5%).

Afghanistan (17th poorest country)

Afghanistan is among the least developed and poorest countries in the world. Nowadays, The nation is under the control of the Taliban, which came back to power after a long war of 20 years. As a result, the economy of Afghanistan is among the world’s poorest, and it has high levels of child malnutrition, terrorism, and poverty. The unemployment rate of Afghanistan is over 23%, and nearly half of its inhabitants live below the poverty line. 

The unemployment rate of this nation is very high, so about half of its population lives below the poverty line. Afghanistan’s rank in the list of countries by GDP (PPP) per capita was 210, while the position in terms of GDP (nominal) per capita was 207 in 2021. So it is the 17th poorest country according to its GDP (PPP) per capita and 10th poorest country according to its GDP (nominal) per capita. The nation’s GDP per capita (PPP) is about $2,000.

Yemen (18th poorest country)

Yemen is among the least-developed and poorest countries in the world. The People’s Democratic Republic of Yemen was united with the Yemen Arab Republic and formed the Republic of Yemen. The economy of Yemen was affected by Yemen’s support for Iraq during the 1990–91 Persian Gulf War. As a result, Saudi Arabia and Kuwait significantly reduced financial help to Yemen. In addition, Saudi Arabia removed nearly 1 million Yemeni workers.

Furthermore, The 1994 civil war also had a terrible impact on the economy of Yemen. The population of Yemen is about 28 million, and 46% of the population is under 15 years old. Besides, the country covers an area of 555,000 square kilometers. The religion of 99% of residents in Yemen is Islam, and the official language is Arabic. Yemen’s rank in the list of countries by GDP (PPP) per capita was 209, while the position in terms of GDP (nominal) per capita was 208 in 2021. So it is the 18th poorest in the list of countries by GDP (PPP) per capita and the 9th poorest country in GDP (nominal) per capita. The nation’s GDP per capita (PPP) is about $2,253, and GDP per capita nominal is $895.

So guys, in the article “Which is the poorest country in the world,” you learned about the most impoverished and least developed countries in the world.

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