Poverty is an issue that affects the entire world, and some areas are impacted by poverty more than others. The following is a list of the 10 poorest countries across the globe based on their national GDP (gross domestic product) per capita. Investopedia defines the GDP per capita as a “primary indicator of a country’s economic performance.”
Afghanistan, whose national currency is the Afghan afghani, saw $1,072.19 GDP per capita in 2013. Much of Afghanistan’s economic distress stems from their lengthy history of warfare that spans the last three decades, including the ten-year Soviet war. Despite the nation’s efforts in rebuilding itself, they still suffer the long-term effects — especially the economic effects — of these wars.
Madagascar (Malagasy ariary) saw $972.07 GDP per capita in 2013. Although on the list, Madagascar is on the rise; they have seen improvements in their economy from providing increased emphasis on education and better accessibility to health care.
Malawi (Kwacha) saw $893.84 GDP per capita in 2013. Around 85 percent of the population live in rural areas. Malawi is a still-developing nation that is dealing with the stress of an HIV/AIDS problem. Much of their economy is agriculturally oriented.
Niger, who also uses the CFA Franc, saw $853.43 GDP per capita in 2013. Niger has several detriments of a thriving economic system, including a lack of education and poor health care. Because of its high fertility rate, almost half of the population of Niger are 15 years old or younger. The literacy rate in Niger, 28.7 percent in 2005, is one of the lowest in the entire world.
6. Central African Republic
The Central African Republic (CFA Franc) saw $827.93 GDP per capita in 2013. The CAR has been experiencing the strife of war for the past several years, especially in recent years under the government of General François Bozizé, the Central African Republic Bush War, and the very recent Central African Republic conflict. Government has almost dissolved completely. The Prime Minister has even gone as far as calling the country an anarchy. With no government and an abundance of war, it is easy to see how economic and living conditions could plummet.
Eritrea (Nakfa) saw $792.13 GDP per capita in 2013. Eritrea has had a difficult political history, including extended militaristic conflicts with neighboring nations, which has impacted its economy.
Liberia (Liberian Dollar) saw $716.04 GDP per capita in 2013. A large portion of the population of Liberia live below the poverty threshold. Liberia has also faced political instability and a civil war of its own.
Burundi (Burundi Franc) saw $648.58 GDP per capita in 2013. Burundi has suffered economically not only from the corruption of their government, but also war, HIV/AIDS, and a lack of accessible education. Only 13 percent of the population of Burundi live in urban cities; the vast majority live in rural areas.
Zimbabwe (Zimbabwean Dollar) saw $589.46 GDP per capita in 2013. In the last 10-15 years, Zimbabwe has been experiencing a sharp economic decline, in part due to their involvement in the civil wars occuring in the Democratic Republic of the Congo.
1. The Democratic Republic of the Congo
The Congo (Congolese Franc) saw $394.25 GDP per capita in 2013. The capital city, Kinshasa, is home to over 9 million citizens and sits along the Congo River. Plagued with crime, corrupt government, and a lengthy recovery from civil war, it becomes easy to see how poverty can run rampant in an area such as this.
– Ryan Miller