The magazine ranked the world's countries according to their gross domestic product (GDP) based on purchasing power parity (PPP) per capita. The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
African countries dominate the ranking of the 30 poorest countries in the world, ... The ranking of the world's poorest ... Liberia — GDP per capita: $882 (£719)
The magazine ranked the world's countries according to their gross domestic product (GDP) based on purchasing power parity (PPP) per capita. The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
The GDP per capita of Democratic Republic of the Congo in 2016 was €451 $499, €3 $5 less than in 2015, when it was €454 $504. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Democratic Republic of the Congo was €201 $253.
African countries dominate the ranking of the 30 poorest countries in the world, according to an analysis by Global Finance Magazine. African countries dominate the ranking of the 30 poorest countries in the world, according to an analysis by Global Finance Magazine.
Mozambique - $1,215 per capita per year Mozambique, in southern Africa, has a per capita annual GDP of just $1,215. Corruption is said to be a massive problem in the country, with hinders the economic success of individual citizens.
GDP (PPP) per capita - Central African Republic ($652) Average Annual Income - Madagascar (?) ($400) These are the 4 ‘poorest’ countries on the planet based on the 5 aforementioned parameters. I would not consider Tuvalu or Madagascar as the poorest countries, but rather look at the Central African Republic, South Sudan, and maybe Malawi.
Niger - $1,107 per capita per year While Niger is the largest country in West Africa, most of its territory is covered by the Sahara Desert, limiting the economic activities which the country's populace can engage in.
Liberia - $855 per capita per year Located in West Africa, the economy of Liberia was ravaged by the Ebola epidemic. However, even before this, the Liberian economy has depended heavily on foreign aid.
Burundi - $814 per capita per year Burundi is a landlocked African country with an overwhelming majority of its population depending on subsistence agriculture. Located in the Great Lakes region of Africa, Burundi has a history checkered with ethnic strife and military coupes that have consistently derailed its long-term prospects for development.
Two-thirds of the world’s poorest people live in just five countries, according to a new World Bank study. Poverty is on the decline globally and those who are subsisting on less than $1.25 a day are concentrated in five areas-- India, China, Nigeria, Bangladesh and the Democratic Republic of Congo.