Top 10 Poorest Countries in The World 2018
By GDP Per Capita. The richest countries have one thing in common,
a proper and well established political environment supported by clear legislations, a corrupt-free
government, and a strong judicial system. While these factors are only a drop in the
ocean regarding what makes a country economically successful, the poorest countries in the world
get these factors all wrong. While the availability of natural resources
is the foundation of an economically robust country, utilising the resources well is a
whole other aspect. This is not civic education 101, so we will
get straight to the point and list the countries yet to realise self-actualisation. Here are the top 10 poorest countries in the
world as of 2018. 10: Madagascar – $1477. Madagascar’s economy is largely founded
on their huge agricultural potential. Madagascar has performed relatively well in
limiting its trade barriers so that they can protect their agricultural base. Over the years poor economic reforms and political
instability have negatively affected the economy. There has been uneven growth in various sectors
of the economy and this has hindered their growth. Large spread poverty and corruption has hindered
growth in the private sector due to lack of enough funds for the common people to do business. 9: Guinea – $1388. Since independence Guinea has made little
progress economically. This has been attributed to poor structural
reform of the economy. This has led to uneven economic development. This is evident in the private sector. This dynamic sector has stagnant growth mainly
because of the very weak government institutions. Furthermore, their judicial system has bowed
down to political interference and it has been poor in dealing with corruption. Guinea is rich in minerals such as bauxite,
iron, diamond and gold but due to major civil strife they haven’t been able to fully tap
the potential of their mining industry. Guinea’s external debt level is over $1.358
billion. 8: Eritrea – $1210. Eritrea’s economy is one of the most stagnant
economies in growth. The sector has been hugely underdeveloped. The judicial system is very weak in dealing
with corruption and their rulers have been poor in developing and bringing major economic
reforms. This has led to major emigration since 1998
and this has affected their labour base. The public sector is still the major source
of employment because the private sector has defoliated significantly. Severe drought in the region has hindered
significant agricultural growth in the country. Poor economic laws such as state ownership
of land only will continue to distort the economy. 7: Mozambique – $1208. Mozambique has made major reforms so as to
improve its current economic status but huge unsustainable public debt and rampant inflation
have hindered these reforms. In 2016 they had the slowest economic growth
since their independence. They are currently unable to pay external
debts under the agreed timelines. But economist project that in the coming years
their situation will improve because of better prices and a greater demand for gas and coal
products. The private sector has gained huge progress
since independence and better government reforms will see an increase in Foreign Direct Investments. 6: Niger – $1069. Niger is a best case example of countries
that are mineral – rich but have poor economic growth. Niger has vast reservoirs of uranium and oil
but unstable global prices have severely crippled the economy. Lack of a diverse economy has hindered Niger’s
growth. A poor judicial system and poor reforms have
led to widespread corruption. Poor economic policies and institutions have
failed to provide an adequate base to nurture a broad-based private sector. Niger also faces a poorly developed labor
market which is mostly concentrated in the informal sector. 5: Burundi – $951. Burundi is overly dependent on agriculture. Over 80%of the population gets jobs from this
sector. Unfortunately, agriculture in Burundi is fluctuating
and is very unpredictable. This has hindered the private sector from
generating enough jobs and employment opportunities. Political instability has also rocked the
nation with the current president refusing to step down. This has discouraged business in the country
as most people are fleeing the country. Wide spread corruption has also destroyed
the countries hopes of achieving significant economic growth. With poor governance, no notable growth will
be achieved in the future years to come. 4: Liberia – $934. Liberia’s economy is largely under developed. With futuristic leaders at the helm of the
country Liberia is on the path to economic growth. With the dismantling of trade barriers and
simplified business licensing they have achieved a growth rate of over 5% for the past five
years. The country made huge changes in the education
sector so as to have better-skilled laborers. With all these reforms underway Liberia cannot
deal with short-term crises. Huge corruption scandals and bad debt have
crippled Liberia for years. This has made Liberia one of the poorest countries
in the world. 3: Malawi – $819. Malawi has embarked on major reforms to decentralize
the economy. The government has embarked on policies that
will ensure significant private sector growth and also more Foreign Direct Investment. Lingering state interference may affect long-term
development. Standards of living in Malawi are relatively
low as well as lack of services like education, infrastructure and the general standard of
health. Persistent corruption and poor judicial services
may prove to be a major hindrance to their growth. Furthermore, the huge tax burden has sometimes
scared away investors. In the coming years Malawi might see huge
development achievements if they can fully implement their reforms. 2: The Democratic Republic of Congo – $753. This has been the country that has been severely
hit by civil wars and unrest. Since independence DRC has not had political
stability. Their former rulers exploited the national
coffers and made a way with huge sums of money. Even though DRC is minerally rich civil wars
have prevented any significant exploration. Due to its large ethnicity with over 80 different
ethnic groups it has been difficult uniting them. Poor economic reforms have continued to undermine
DRC’s economic potential. Its large external debt and high inflation
rates have significantly hindered its growth. 1: Central African Republic – $636. Political violence for the last 3 years in
the Central African Republic has shattered their already volatile economy. The government has been unable to manage the
economy as well as inflation prices. An unstructured regulatory system has hindered
access to much-needed finances so as to build a strong private sector. The CAR is mostly dependent on agriculture
and diamond mining but political instability has prevented growth in these sectors. Huge taxes both personal and corporate tax
has shied off Foreign Direct Investment and has contributed to slow economic growth.

Top 10 Poorest Countries in The World 2018 By GDP Per Capita
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100 thoughts on “Top 10 Poorest Countries in The World 2018 By GDP Per Capita

  • November 9, 2018 at 4:35 am
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    Its strange countries with lots of nature and everything grows are poor and countries that has six month heavy snow or dry deserts are rich.. Are these countries made poor ….

    Reply
  • November 9, 2018 at 6:25 am
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    our true nationality is mankind.

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  • November 9, 2018 at 8:28 am
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    the bigest problems is corruption but idint see uganda

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  • November 9, 2018 at 10:45 am
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    ເຫັນແລ້ວຫລືຍັງ ຄວາມຍາກ ເດືອດຮ້ອນ ເນື່ເງຈາກຍຸຍສຸດທານຂອງ ລັດທິ ມາກເລນີນ ທີ່ຜີປີສາດຊາຕານຄວບຄູມ ຕ້ອງທຸກໄກຕະລອດ.

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  • November 9, 2018 at 7:56 pm
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    Seen

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  • November 10, 2018 at 6:14 am
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    Maximum kids in the world die of polio n drinking unclean water in Pakistan ..

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  • November 12, 2018 at 10:24 am
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    plz help india

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  • November 13, 2018 at 7:48 pm
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    low iQ countries

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  • November 14, 2018 at 11:41 am
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    Thanks god 🙏 not in the list 🙏 Indonesia 🙏

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  • November 17, 2018 at 5:43 am
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    AFRICA is rich only if our leaders could find a way of getting more from the minerals and stop CORRUPTION

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  • November 18, 2018 at 9:47 pm
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    Why are all poorest countries in Africa? What is the reason?

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  • November 20, 2018 at 2:11 pm
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    thanks God Kenya isn't on the list

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  • November 21, 2018 at 2:09 pm
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    Dirtiest country in the world is india obvious

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  • November 24, 2018 at 3:48 am
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    Faster pls

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  • November 24, 2018 at 3:46 pm
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    I m from Ethiopia am sorry i wish good life for them. really I love all African country. but the poor people very touch heart because they don't have full life or happiness. fore whatever i wish God biless them

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  • November 26, 2018 at 7:03 am
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    many African countries like Equatorial Guinea,south Africa,namibia,etc have higher GDPs than Ukraine,moldova,romania

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  • November 26, 2018 at 12:33 pm
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    Where is Ethiopia?

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  • November 26, 2018 at 12:52 pm
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    Africa is a burial place /continent. African dictators are corrupting their own country and deposed the money in Europe and America, their child are live and learn in most expense universities in Europe and America and live in luxuriates home, they invest in outside their
    country …………. and so so so and we can say that they settled in Europe. while the people are living in under poverty in a very bad situation. African leaders come to their country when they are die. therefore Africa is a burial state/place. So it is impossible/ it can not imagine development in burial place.

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  • November 27, 2018 at 6:56 am
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    satyadeoekta work income

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  • November 28, 2018 at 10:12 am
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    read your facts right where is naru,kiripati, Solomon like what are you on about…

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  • November 28, 2018 at 2:20 pm
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    So it like all the 10 poorest countries of this world are Africa? ? When Africa is like really rich in natural resources 🙁

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  • November 28, 2018 at 4:53 pm
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    All these countries is not poorest countries in the world. As we know india is poorest and dirty country with large number of ppl

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  • November 29, 2018 at 8:29 am
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    Corruption and lack of good governance are the major reasons of Africa development backward.

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  • December 3, 2018 at 2:39 pm
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    I don't care about poor cities in word .

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  • December 3, 2018 at 11:03 pm
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    Africa is the most blessed continent..but the gods just gave us thieves and corrupt individuals as our leaders. I hope one day the gods will wake up from their slumber😭😭

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  • December 7, 2018 at 8:15 pm
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    my country Liberia is always among the negatives we God intervention.

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  • December 7, 2018 at 8:16 pm
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    Africa need God intervention

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  • December 10, 2018 at 5:38 pm
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    Beautiful people, shame their fellows rip them off (corruption appears in every description). It appears that the number of “capitas” is a significant part of the problem….too many ways to divide what the country can produce….the UN answer seems to be to export the capitas to richer places…??
    I looked it up…Honduras is $2480…not far out of the ten…not all of the poorest nations are in Africa…not all are black. I am struck by the land areas of many of the countries cited…my first thought is “agriculture,” but I sign petitions to preserve the jungles and bio-diversity, rather than create a monolithic plant structure. I want to save Madagascar for the Lemurs….am I condemning other primates….US? What is the FULCRUM that can be used to lever more from what these countries have, without TAKING more….in developed economies the answer is PRODUCTIVITY INCREASES. In these economies, you can’t just “run the machines faster.”
    If I were Al Sharpton, I would be thanking Strom Thurmond’s great grand parents for having taken my ancestors off of the slaver’s ship.

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  • December 13, 2018 at 9:45 pm
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    Half of my family is from Malawi I lived there for 6 months

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  • December 16, 2018 at 7:41 am
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    This is a false information Every time IMF report has been wrong for example what about Ethiopia ? By the way Ethiopian Government had reported a false Economic data to cover their political problem and IMF was trusted so the real thing is what Ethiopia is the poorest nation in the world.

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  • December 17, 2018 at 5:10 pm
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    Why was Albania left out. ? I know it is the poorest nation in Europe. Next, you should check the economy of Moldova.

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  • December 19, 2018 at 9:01 am
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    Am from Cameroon (British Southern Cameroon) Britain and France are the main cause of poverty in Africa. Today Southern Cameroon is struggling to separate from French Cameroon because of Britain. Setting traps everywhere and when they become poor because of war and political instability, they step in to classify them as the poorest people on earth. Shame on you.

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  • December 24, 2018 at 7:02 pm
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    All these countries made poor by Europeans who is doing smuggling also selling arms and creating instability political system

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  • December 29, 2018 at 1:03 am
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    What is that Yemen 🇾🇪

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  • December 29, 2018 at 5:07 am
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    thanks for the information

    Reply
  • December 29, 2018 at 9:25 pm
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    Potus claims to be one of richest presidents. He is least talentest/admired. The President past of Chilli holds position of most intelligent,professional and career minded. He is also a professor. Therefore, trump does not belong in this elitist group of men. I bet he never read the responsibilities of the President. All of his faults/handicaps are the failure of of our country to assure the role of the highest position is indeed held by one who is qualified and according to a through background check is not prone to be a traitor or in a position to sell out our United States.
    People applying for jobs in fast food or maintenance are given a more security/extensive background check. No one who's major contribution was in a reality show and several bankruptcies should have been allowed to even run for President. Business man. Really? I'm more fit honest and qualified for President. Of course I'm not interested. But I'm watching to see what the politician are going to do to save and protect our country next and in the future. Putin is also paying attention. God Bless America and all the good citizens of this country. We'll be alright. I trust in God.

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  • December 29, 2018 at 10:37 pm
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    Good job

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  • January 3, 2019 at 8:58 pm
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    and people blame it on the richer countries I think its the politicians the reason for this

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  • January 9, 2019 at 9:21 pm
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    yep poor africa

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  • January 9, 2019 at 11:27 pm
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    They all look happy to me, remember, money can not buy you happiness! Trust Jesus always and God bless (:

    Matthew 6:19-21 “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also."

    Mark 10:25 "It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God."

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  • January 10, 2019 at 6:38 am
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    Please add Pakistan in this list.

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  • January 11, 2019 at 5:50 am
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    Gh

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  • January 11, 2019 at 7:36 pm
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    What about somalia?

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  • January 13, 2019 at 4:11 am
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    I love Filipino and Israel and
    Thank you jesus😊

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  • January 13, 2019 at 4:13 am
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    Where ,s nepal

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  • January 14, 2019 at 8:54 pm
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    The whole of Africa is in that quagmire, leaders unwilling to relinquish their positions.

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  • January 15, 2019 at 7:03 pm
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    Thanks God they don't say Haiti because I'm know Haiti not poor countries how people think its is

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  • January 16, 2019 at 10:55 pm
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    the poorest countries are only in Africa

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  • January 19, 2019 at 9:40 am
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    Thank God south sudan is not included I am proud of my lovely country south and I hope we will develop our New born nation some years to come

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  • January 19, 2019 at 4:09 pm
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    Wow Somalia has grown it was classed as a failed state some few years ago.

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  • January 20, 2019 at 11:31 pm
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    You forgot about Haiti

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  • January 21, 2019 at 8:13 pm
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    wake up Africa otherwise whole world will eat ur resources ..love from pakistan

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  • January 23, 2019 at 7:21 am
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    I will never beleive this documentary, there are some countries in South America and Asia countries that are poorer like some of this countries mentioned in Africa
    Also in Europe countries , they were poor to the extetend they can not even afford money to buy grasses for their Animals to eat ,it is was some missionaries that use to give them money to buy grasses for their Animals
    Thank you

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  • January 27, 2019 at 2:49 pm
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    As a beliver in God i must help you ! I am trying with my postion which I have ! I am saying a lot of usfull things and I am trying my best ! But the situtaion which i am in becamme very stubid and Impossible ! But I will continue my Fight ! But its not up to me to change and help ! Its up for the World and the people ! I told them my Message ! But if the World and People believe or want to help or change the World in the right way we can Stop Suffering ! I am trying my Best !

    Reply
  • January 30, 2019 at 2:24 pm
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    Zimbabwe must have moved into this list by the end of 2018 !!!

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  • February 2, 2019 at 2:49 pm
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    most of countries of african continent reason for poor only one that's dictators corruption, presidents are still to power minimum 30to 40 years, no democratic rulling, no get to chance opposition party to ellection,brutal genocides of general people,no publish population opinion on journal,and many other reason obstruct to development

    Reply
  • February 3, 2019 at 4:28 pm
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    GDP wrong measurement of poverty.

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  • February 6, 2019 at 1:10 am
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    Somalia is not poor country I'm From Somalia😍😂

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  • February 8, 2019 at 1:33 am
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    What is coruption" it"s a greed of man , not wanting to give up sometin or power

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  • February 14, 2019 at 11:45 am
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    Hope all country coming soon richest and happiness

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  • February 16, 2019 at 5:12 pm
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    Y do u take only African countries while u are the ones who stills our mines

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  • February 17, 2019 at 10:50 am
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    Season 2 episode 5 Island Define
    The moment is here women made himself known in Washington DC the famous spot adults Martin Luther King give his speech as far as the eye can see there were women standing there speeches made by actors CEO Mothers Daughters granddaughters generations of 4-3 all their Standing Tall and strong making their self known and I stand for the rights Jews in the office Simone Island was present front-and-center it was a glorious day all the rest newspaper magazine entertainment Works front and center the platform was stronger than ever
    😎💪😎 the Moment of Truth the air was still you can drop a pin she stood up there and she says Today is the Day of Reckoning we are women empowerment we've been this way for Generation from the first woman on this planet until the last no more when we rely on any man to make our dreams come true I don't want to hear you say it depends on this man for this to happen we have the power the strength in it in the visual and make our dreams happen and come true we can do this applause applause applause and cheering cheering then she continued on sit I am empowered to do the impossible I am empowered to do the invisible an Empower for Liberty Justice independent and free though I am in power no you want use any excuse for being intimidated by a male, to stop you from going forward to do what you need to do, and you know 🙏 you have a dream and this man tell you that you have to sell your soul 👋 to get the job done,😎😉😉 not you anybody else can stop me.✋ through him stand up and say I will do 👍' I don't need you I can make this happen: a strong woman I can move mountains I can clear the field my strength is deeper than the ocean wider than the sea my knowledge higher than any stars in the galaxy my wisdom is there and I will share it I will let you see what I need to do I am in power and no one can take this away from me I am not defined by a man I'm an Interventional and stand strong seeing me conquer.
    Now it comes to the end apart one that's amazing episode and story is just the beginning belaying it's for real have to stop feeling that we cannot do anything especially in entertainment business you don't need to rely on no man to produce or something we can do with use your resource your knowledge your wins now just to see and Achieve and make your song come through your videos you don't have to go through any brand you have to technology to do this until next time episode 6 season 2 island Define

    Reply
  • February 21, 2019 at 5:54 pm
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    So what the rastafari think about porvrety ?

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  • February 21, 2019 at 6:22 pm
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    Where is somalia

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  • February 25, 2019 at 7:16 pm
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    Thanks Somlia isn't on the list 👌👏💪 i love my country SOMALIA 🇸🇴

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  • March 3, 2019 at 5:10 pm
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    Thanks to Tanzania!

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  • March 8, 2019 at 4:36 am
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    Who is know nepal hit like here

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  • March 26, 2019 at 9:52 pm
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    sorry evreyone in these places

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  • April 4, 2019 at 9:17 am
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    All are black people sad 😢

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  • April 7, 2019 at 11:31 am
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    Why Sierra leone is not on this list? I'm from there

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  • April 11, 2019 at 12:00 am
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    why are all of them in africa?

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  • April 19, 2019 at 4:40 pm
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    My country Malawi God bless Malawi

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  • April 22, 2019 at 1:45 pm
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    NICARAGUA

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  • April 28, 2019 at 5:31 pm
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    This is not the world is only Africa so were are the rest of counties fake research

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  • May 9, 2019 at 5:09 am
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    I am glad that philipines is Not on the list

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  • May 27, 2019 at 12:11 am
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    I think number one is turkey, because in 17 years, there has been a huge loss of power and Economic collapse in the turkey. All the state-owned factories were sold, cities filled with concrete, high taxes, collapse of the education system, an ignorant people, religion in politics, unable to produce, indebted, tired, exhausted country. '' Sick man. "
    Let's look at that.: a dollar to Turkish lira (TL) 1$= 6,09TL. And more, 1€=6,82TL. and this is incredible 1£ =7,74TL. Now think this, if you live in turkey How hard to live?.

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  • May 31, 2019 at 8:48 am
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    why are they making too much circles

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  • May 31, 2019 at 8:49 am
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    i bet england is the richest

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  • May 31, 2019 at 8:49 am
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    i have 100 pound in my moneybox

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  • May 31, 2019 at 8:50 am
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    can i paypal the poor

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  • May 31, 2019 at 8:51 am
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    but i dont hava a phone

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  • May 31, 2019 at 8:51 am
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    my mam was poor before

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  • May 31, 2019 at 8:52 am
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    then she had two hundred pound

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  • June 3, 2019 at 9:34 am
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    They are poor but they have a great heart to each other

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  • June 13, 2019 at 4:51 am
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    Thanks india and pak not included both are corrupt and corrupt politicians have massed huge amounts of money stashed them in swiss accounts

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  • June 13, 2019 at 7:10 pm
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    Why are all these just African countries

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  • June 13, 2019 at 7:11 pm
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    Insulting man

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  • June 14, 2019 at 12:14 am
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    So the top 10 poorest nations in the world are in Africa .. I don’t believe that..

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  • June 14, 2019 at 5:44 am
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    What about kyrguistan?
    Kazahkstan?
    Uzbekistan?
    Those countries are very poor now!

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  • June 14, 2019 at 6:23 am
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    These countries are poor becouse they don't let them grow properly,without Europe market over them and without cheap oil prices of arabs they sure will stop poverty to increase…but is(as always) westerns fault(most likely:France,UK,UN,Belgium,Netherlands,USA,Saudi babaria,qatar,kuwait and italy)

    Reply
  • June 16, 2019 at 1:39 am
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    Today they're poor countries in the world, but what was stole that has never told! Shame on you evils

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  • June 18, 2019 at 12:16 pm
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    Somalia might be poor.

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  • July 2, 2019 at 8:11 pm
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    And these countries many years ago were rich, I hope they can be rich again one day

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  • July 27, 2019 at 1:03 pm
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    You are projecting wrong images to the world, despite African are still struggling in terms of development but there are very fantastic and beautiful cities in Africa, stop bringing African down before the rest of the world

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  • August 5, 2019 at 6:21 am
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    africa

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  • August 5, 2019 at 4:15 pm
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    Why top ten poorest countries all of them control by the black peoples Does black peoples IQ is shorts

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  • August 11, 2019 at 5:21 am
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    All of these are from only Africa. Where is asia Europe Oceania America etc?

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  • August 12, 2019 at 7:54 am
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    I knew they would just mention African countries

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  • August 25, 2019 at 5:26 am
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    África has very beateful landscapes with many natural resources and africans are poors while european countries and USA are very rich. Corruption is suported by these rich countries.

    Reply

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