World economics is a weird thing. Well, actually it’s kind of like regular people economics but on a much larger scale and with much larger numbers. And just like people, countries can be either rich or poor.
Let’s take a look at some of the poorest countries in the world, determined by the one true factor: GDP per capita (based on numbers for 2019).
Haiti is still ravaged by the massive earthquake that hit them almost 10 years ago. Their economy hasn’t really recovered from it, to say the least. At an annual income per capita of $923, I doubt they’ll be able to fix much of their problems.
This African country is sadly most known for its famine and poverty. Despite it not being the worst country on this list with a GDP per capita of 1123 dollars, it’s still not doing too good. It is a very strong economic grower however, having its GDP rise about 7-8% for several years on end now, with similar projections for the future.
DR Congo is the poorest country in the world with a GDP per capita of only $475. This country has been ravaged by civil war and corruption for decades, which is keeping the money in the pockets of the few and out of the economy.
Tajikistan is one of the middle eastern countries whose economy is really suffering from the long wars that have been playing out in the region. Currently this country has a GDP per capita of only 861 dollars.
The 759 dollars per capita GDP isn’t exactly something that makes many Ugandans happy, I wager. The country has known some moderate economic growth in recent years, but it’s still dangling way on the bottom of the list when it comes to economic power.
Another country stricken by huge poverty, Mozambique only has a GDP per capita of 502 dollars. Not only does it have one of the lowest GDP in the world, it also has a very low economic growth. This country will probably be bottom of the list in 5 years or so.
At a GDP per capita of 1350 US dollars, Uzbekistan isn’t doing too bad compared to some other countries on this list. This country is about 2 times as rich as Uganda!
Yemen has also known its fair share of civil war, and its economic situation serves as a reminder of this. At a GDP per capita of $913 – but a strong economic growth in upcoming years – it’s set solidly at the bottom of the class.
Kyrgyzstan has also known some economic setbacks, mainly due to the fact that half of the country is over 3000 meters above sea level. You try growing some crops in that environment. It’s actually pretty impressive they still managed to get a GDP per capita of 1266 dollars.
The last one on this list has a GDP per capita of 1159 dollars. Most of this is probably royalties from the Toto song “Africa”, because this is the place where mount Kilimanjaro rises like Olympus above the Serengeti.