In the list of top 10 poorest countries by gdp per capita. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. The 10 poorest countries in the world:-
1. Central African Republic
The Central African Republic is a landlocked country in Central Africa. It is bordered by Chad to the north, Sudan to the northeast, South Sudan to the southeast, the Democratic Republic of the Congo to the south, the Republic of the Congo to the southwest and Cameroon to the west. The Gross Domestic Product (GDP) in Central African Republic was worth 2.45 billion US dollars in 2020, according to official data from the World Bank and projections from Trading Economics.
2. Liberia
Liberia is a country in West Africa, bordering Sierra Leone, Guinea and Côte d'Ivoire. On the Atlantic coast, the capital city of Monrovia is home to the Liberia National Museum, with its exhibits on national culture and history. Around Monrovia are palm-lined beaches like Silver and CeCe. The Gross Domestic Product (GDP) in Liberia was worth 3.30 billion US dollars in 2020, according to official data from the World Bank and projections from Trading Economics.
3. South Sudan
South Sudan, officially known as the Republic of South Sudan, is a landlocked country in East-Central Africa. GDP in South Sudan is expected to reach 2.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
4. Eritrea
Eritrea is a northeast African country on the Red Sea coast. It shares borders with Ethiopia, Sudan and Djibouti. The capital city, Asmara, is known for its Italian colonial buildings, like St. Joseph's Cathedral, as well as art deco structures. GDP in Eritrea is expected to reach 7.70 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
5. Chad
Chad is one of the poorest and most corrupt countries in the world; most inhabitants live in poverty as subsistence herders and farmers. Chad, officially known as the Republic of Chad, is a landlocked country in north-central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon to the south-west, Nigeria to the southwest, and Niger to the west.
6. Uganda
Uganda is a landlocked country in East Africa whose diverse landscape encompasses the snow-capped Rwenzori Mountains and immense Lake Victoria. Its abundant wildlife includes chimpanzees as well as rare birds. GDP in Uganda averaged 7.61 USD Billion from 1960 until 2019, reaching an all time high of 28.50 USD Billion in 2019 and a record low of 0.42 USD Billion in 1960. GDP in Uganda is expected to reach 33.930 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
7. Burundi
Burundi, officially the Republic of Burundi, is a landlocked country in the Great Rift Valley where the African Great Lakes region and East Africa converge. Burundi itself is a landlocked, resource-poor country with an underdeveloped manufacturing sector. ... Although Burundi is potentially self-sufficient in food production, the ongoing civil unrest, overpopulation, and soil erosion have contributed to the contraction of the subsistence economy by 25% in recent years.
GDP in Burundi is expected to reach 3.05USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
8. Sierra Leone
Sierra Leone is a country in West Africa, on the Atlantic Ocean. It’s known for the white-sand beaches lining the Freetown Peninsula. The capital city, Freetown, commemorates the nation’s slave-trade history with the Cotton Tree landmark and King’s Yard Gate. Sierra Leone remains among the world's poorest countries, ranking 180th out of 187 countries in the Human Development Index in 2011. GDP in Sierra Leone is expected to reach 4.20USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
9. Haiti
Haiti is a Caribbean country that shares the island of Hispaniola with the Dominican Republic to its east. Though it’s still recovering from a 2010 earthquake, many of Haiti's landmarks dating to the early 19th century remain intact. Instability has hindered Haiti's economic and social development. GDP is estimated to have contracted by 0.9% in 2019, and the country has experienced rapid currency depreciation, (25.5% at the end of fiscal year) and rampant inflation (20% at the end of the fiscal year).
10. Malawi
Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands split by the Great Rift Valley and enormous Lake Malawi. The lake’s southern end falls within Lake Malawi National Park – sheltering diverse wildlife from colorful fish to baboons – and its clear waters are popular for diving. Malawi is one of the poorest countries in the world with 50.7 percent of the population living below the poverty line and 25 percent living in extreme poverty. It also observed that the majority of the rural people are poor. GDP in Malawi is expected to reach 7.30USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations.
In the list of top 10 poorest countries by gdp per capita. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. The 10 poorest countries in the world.
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