What countries have poor economy?

The Poorest Countries in the World

1. Democratic Republic of the Congo: USD 558 GDP per capita in 2025.
2. Mozambique: USD 607 GDP per capita in 2025.
3. Uganda: USD 1,100 GDP per capita in 2025.
4. Rwanda: USD 1,122 GDP per capita in 2025.
5. Zimbabwe: USD 1,185 GDP per capita in 2025.

Who has the poorest economy in the world?

South Sudan. South Sudan is the poorest country in the world with a poverty rate of 82.3\% in 2021 (Poverty Rate By Country 2021, 2021).

What does it mean if a country is poor?

Poverty means that the income level from employment is so low that basic human needs can’t be met. Poverty-stricken people and families might go without proper housing, clean water, healthy food, and medical attention. Each nation may have its own threshold that determines how many of its people are living in poverty.

What is poverty in economics?

Poverty is about not having enough money to meet basic needs including food, clothing and shelter. However, poverty is more, much more than just not having enough money. The World Bank Organization describes poverty in this way: “Poverty is hunger. These are all costs of being poor.

Where are the world’s poorest countries located?

It is sadly unsurprising that all 10 of the world’s poorest countries are found in Africa. Three of them are within the Sahel region, where persistent and widespread droughts cause food shortages and associated medical and social problems.

Which country is the poorest in the world 2021?

Poorest Countries in the World 2021. 1 1. Burundi. Current International Dollars: 759 | Click To View GDP & Economic Data. 2 2. South Sudan. 3 3. Somalia. 4 4. Central African Republic. 5 5. Malawi.

Is Botswana really the poorest country in the world?

But it’s not all bleak. Look at diamond-rich Botswana—they were formerly ranked as one of the 25 poorest countries in the world, but now they’re classified as an upper-middle income economy. And then there’s Ghana, in West Africa.

What do you know about poverty in developing countries?

You’ve probably seen pictures of poverty in developing nations. Children in tattered clothing. Mountains of trash and filth, and rivers so dirty they look more like murky oil than water. Have you ever wondered why some countries seem so incredibly poor and dirty, while others don’t?