Countries hit hardest by poverty are often countries that are also caught in political crises, including conflict, hunger, and climate change. These often become aggravating factors that keep communities trapped in cycles of poverty because their economic sources (Agriculture, Industry and Services) do not have sufficient infrastructures to sustain their productivity.
Despite the extremely low standard of living in these countries, it’s still safe to say that there’s economic potential for future growth as poverty does not ultimately define a person, a family, or a community. In addition, many experts have observed that Africa’s infrastructure is currently improving at a rapid rate, opening the door to foreign direct investment and increased industrialization capacity. Much of this progress is due to the China Belt and Road Initiative and investment in several African countries.
Another proof of Africa’s potential is the extremely large share of young people on the continent. This could translate into a sizeable future workforce, a growing internal market and potential for innovation and economic progress.
This article looks at the bottom 25 countries by this metric. Unsurprisingly, all but four of these countries are located on the African continent. The UN also considers the 25 poorest countries, except for Zimbabwe and Tajikistan, to be Least Developed Countries (LDCs). LDCs are classified as low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
|Country||GDP per capita (USD)|
|Democratic Republic of the Congo (DRC)||$456.89|
|Central African Republic||$480.50|