List Of 10 Poorest Countries In The World: Where Do India and Pakistan Rank

Poorest Countries In The World:  The world's poorest countries face numerous challenges, from world conflicts and corruption to economic instability and much more. The following aspects of living, influence the development and increase poverty in the country. Here, in this article, we have curated a list of the top 10 poorest countries in the world, as per their falling GDP per capita, which represents the average economic output per person. The lower the GDP per capita the poorest the country. Therefore, let’s take a look at the World Bank's rankings of the top 10 poorest countries in the world along with India and Pakistan’s ranking in the list.

List of the top 10 poorest countries in the world:

1. South Sudan

South Sudan is the poorest country in the world with a $455 GDP per capita. The reason for the significant failure in GDP is because of prolonged civil war and economic instability in the nation. Despite being a resource curse with several oil reserves, the country is the poorest in the world because of ongoing violence since its creation in 2011.

2. Burundi

A country in East Africa, Burundi is the second poorest country in the world with a GDP per capita of $916. Rapid population growth, lack of natural resources, the civil war of 1993 to 2005 and limited access to modern farming techniques contribute to the country’s poverty.

3. Central African Republic (CAR)

Despite being packed with gold, oil, uranium and diamonds, the Central African Republic has a GDP per capita of as low as $1,123 and the reason is its political instability that has turned the CAR into a failed state.

4. Democratic Republic of the Congo (DRC)

As per the World Bank, the DRC has the resources and potential to become one of the richest countries in Africa. However, ongoing corruption and conflicts have landed the nation on the list of poorest countries in the world with a GDP per capita of $1,552.

5. Mozambique

Mozambique ranks fifth on the list of the world’s poorest countries due to terrorism, natural disasters, and economic inequality. The East African country has a GDP per capita of $1,649.

6. Niger

Niger has a GDP per capita of $1,675. The country’s economic struggles are largely because of the Sahara Desert, which covers nearly half of its land area, coupled with a rapidly growing population that strains limited agricultural resources. These factors are the prime reason for the country’s failed growth rate.

7. Malawi

Currently, the smallest nation in Africa Malawi is going through an economic crisis with scarcity in almost all sectors of development and is also highly vulnerable to climate change. The nation’s GDP per capita is around $1,712.

8. Liberia

Liberia's economy is affected by past conflicts and health crises like Ebola. The Africa’s oldest republic has a GDP of $1,882.

9. Madagascar

Madagascar's economy is heavily dependent on tourism and mining, but it is still on the struggling side of development due to natural disasters and poor infrastructure. The country has a GDP per capita of $1,979.

10. Yemen

Yemen has a GDP of $1,996 and a population of almost 36 million all thanks to decades of civil war that have devastated its economy and led to widespread destruction and reliance on humanitarian aid.

India And Pakistan Rank On The List Of Poorest Countries:

India stands at the 62nd position globally by $10,123 in GDP per capita on the list of poorest countries. Developing neighbouring nations, India and Pakistan are not among the top 10 poorest countries. India has a diverse economy with a significant rise in sectors like technology and manufacturing. On the other hand, Pakistan faces economic challenges but has a more stable GDP per capita of $6,955 and ranks in the 50th position compared to other poor countries.

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