Source: Public domain Santa Cruz de la Sierra is the financial and economic hub of Bolivia.
In Guinea, the infant mortality rate of 64.9 per 1,000 births is more than double the worldwide rate of 28.9 per 1,000. Additionally, at just 54.3 years, life expectancy at birth in the country is nearly the lowest in the world and about 18 years below the global average.Though it has a population of 2.3 million people, The Gambia has a GDP of $1.8 billion.
Less than half of the 15 and older population is literate.The East African country of Ethiopia ranks among the poorest in the world, with a GNI per capita of just $2,300. Life expectancy at birth is only 66.2 years, over half a decade below the global average.While each of the countries on this list is facing different challenges that impede economic development, often stemming from years of struggles, these countries also often share many common elements. Gross domestic product (GDP) per capita is a measure of the economic output of a country that accounts for its population. Median Income: $48,059 (Fifth... 3. In 2001, the extreme poverty rate was at 40% but decreased to 17.4% by 2011. The country had just $272 million in exports in 2018, far less than most other countries, 41.5% of which was in gold.Haiti is the only North American country to rank on this list and is one of only 13 countries with a GNI per capita of less than $2,000. But in The Gambia, 61.9% of the population lives in urban areas.
The actual purchasing power of any currency is the quantity of that currency needed to buy a specified unit of a good or a basket of common goods and services. However, according to a report by the nonprofit corruption watchdog Transparency International, government corruption is rampant in many of these countries. The country, which was a All maps, graphics, flags, photos and original descriptions © 2020 worldatlas.comThe Richest and Poorest Countries of Southeast AsiaLocated in the northwestern part of South America, Ecuador has the fifth lowest GDP per capita in the continent at $6,315. Bolivia is the second poorest country in South America in terms of GDP per capita. Despite relatively poor soil quality and frequent droughts, the majority of the population relies on subsistence farming to some degree. The African nation had just $118 million in total exports in 2018, largely in agricultural products like nuts and fruits. The riches country in north America is the united states America. Though the country is rich in natural resources like oil, water, and fertile soil, the vast majority of goods in the country are imported. Its gross national income per capita is just $780, as compared to a worldwide GNI per capita of $17,591. © officek_ki / iStock via Getty Images Only about 41% of Zimbabwe's mostly rural population has access to electricity. Median Income:... 2. Despite sharing an island with Haiti, the Dominican Republic is in a much better financial state than its neighbor; however, the Dominican Republic is the seventh-poorest country in North America.
The West African nation of Mali has a $17.5 billion economy -- smaller than that of many countries with home to far fewer people. Togo also exported over $300 million in gold that year.Gross national income, or GNI, represents the sum of money earned by a nation’s people and businesses within a given year. Its economic recovery is taking a long time, what with the severe effects of the recession and all the other hurdles the country has face Venezuela is the poorest country in South America, with a per capita GDP of only $3,374. Home to international destinations such as Mount Kilimanjaro, the Serengeti, and the Ngorongoro Crater, Tanzania's economy depends largely on tourism. Population: 4,663,616.
With a per capita GDP of $6,898, Saint Vincent and the Grenadines is the eighth-poorest country in North America. Petroleum accounted for over half of its $2.5 billion in exports in 2018.
With a GDP per capita of $8525USD, Bolivia is the poorest … Poverty is not just a lack of money or food; it is a lack of opportunities or resources to meet one’s needs.
Its GNI per capita is just $2,520, about one-seventh of the worldwide GNI per capita of $17,591. The country is heavily forested, and wood accounts for 70% of its exports.
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