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As the eleventh largest country in the world, Democratic Republic of the Congo lacks infrastructure, political stability, honest officials etc. It’s natural development have been ruined due to misuse of resources.
Zimbabwe is globally recognized for its rural poverty. Political and economic rises have been quoted as the reasons behind the rising poverty and social decline.
In the process of recovering from the aftereffects of the 14-year civil war that ended in 2003, Liberia has 80 per cent of its residents surviving on less than 1.25 USD on a per day basis.
Since 10 years, poverty has been a problem for more than 50% of the population. In 1980, a little less than 30% of Nigerians were actually living below the poverty line.
With a history of violence and troubles, Burundi has seven out of ten Burundians living below the line of poverty. It also ranks in 167th place among 177 countries on the 2007 UN Human Development Index.
Amidst the availability of natural resources like uranium, minerals, crude oil and gold/diamonds, Central African Republic accounts for the poorest country due to low economic growth and little human development.
With 60% of its economy dependent on subsistence agriculture, Eritrea has about 60 per cent of its population deriving income and food from agricultural activities.
High population growth and an entire decade of civil war that ended in 2002 has made Sierra Leone one of the poorest countries in the world.
Malawi ranks 160th out of 182 countries on the Human Development Index. It has 74 per cent of its population living below the income poverty line of US$1.25 a day.
After suffering through a socio-political crisis during 1990s, Togo witnessed economic regression and a downfall in public and international aid. 62 per cent of its population is living below the poverty line.
About Top Ten Poorest Countries in the World
Countries of the world do not have a uniform economy. With variations reaching to extreme ends, countries economic conditions can be mapped on the basis of their GDP per capita.
GDP is the value of all final goods and services produced within a country in a given year. A country with a GDP per capita of $765 dollars or less is defined as a low-income or poor country. And it is on the basis of this GDP, that the top ten poorest countries map has been prepared. Industrialization, overpopulation, investment, infrastructure, geography, resources, colonialism, education, government and debt are few of the most critical aspects that make poorest countries retain their poverty.