The poorest countries are the countries with a low level of development and in which the populations lives are hard. Their economy is vulnerable, and they receive little foreign direct investment and their exports are weak. In this article, you will know more about the poorest country with low Economy.
Burundi is on the first step of this sad podium. Due to their gross domestic product per capital. The capital that worth 267 dollars of GDP. According to estimates published by the IMF in October 2020. The East African country now has a GDP of $3.3 billion. They are having low economy because of their low Income. They have 11.53 million Population inhabitants in the year 2019.
South Sudan assume to itself, that they took the second place in the ranking of the poorest countries on this planet with a GDP per capital of 323 dollars (+ 6.6% contrast to 2020). The East African country has a gross domestic product of 4.6 billion dollars. As at 2021 their GDP 2021 is $4.6 billion and the Population as at 2019 is 13.38 million inhabitants
Malawi, the third poorest country in the world. © mark52 - 123RF
Malawi comes first among the poorest countries in the world, with 397 dollars of GDP per capita in 2021. The African country has in this year a GDP of 8.5 billion dollars. As reported by the international Bank, 70.8% of the Malawian population lived below the poverty line in 2018. This is the ratio of the population with less than $1.90 per day (2011, acquired the ability of equality). But as of 2021 the GDP per capital is $397, and the GDP 2021 is $8.5 billion. Their population as at 2019 is 20.29 inhabitants.