10 Poorest Country in Africa 2024

10 Poorest Country in Africa | The Poorest Countries In Africa Many of the countries on this list suffer from government corruption and poor resource management. 10 Poorest Country in Africa♠

10 Poorest Country in Africa

Despite being rich in natural resources, the economies of some African countries are negatively impacted by high rates of corruption, lack of proper medical and education facilities, underdeveloped infrastructure, civil wars, political unrest and other such problems. Many of the poorest countries in Africa also are among the poorest countries within the world. Here we discuss a number of these nations, their economies, and therefore the factors impeding economic progress.

10. Togo – $670

Togo may be a small country in West Africa. Its residents have a per capita income of 610 US dollars, which makes it one among the poorest countries on the continent. the bulk of Togo’s 7 million people sleep in rural areas, and therefore the majority of those residents suffer from high levels of poverty. the explanations behind this include a coffee access to education, government corruption, a poor healthcare system (and resulting low life expectancy), and high rates of kid labor.

9. Sierra Leone – $516

Sierra Leone may be a small country in West Africait’s one among the poorest countries on the continent, with a per capita income of just over 500 US dollars. Although the explanations for this are complicated, the country was ravaged by a brutal war from 1991 to 2002 which left its economy and infrastructure in shambles. Other reasons for the country’s persistent poverty include widespread internal corruption, a scarcity of civil liberties, and a scarcity of accessible education.

8. Niger – $477

Niger may be a west African landlocked nation with a population of 17,138,707. Over 80% of the country’s acreage is roofed by the Sahara. The non-desert sections of the country are threatened by frequent periods of drought and also increasing desertification. Niger’s economy is especially supported subsistence with some export of raw materials like ore and a couple of agricultural commodities. Niger is one among the poorest countries in Africa. High fertility rates, poor health infrastructure, lack of education, landlocked status, desert terrain and overpopulation are only a couple of problems that end in the poor economic status of Niger.

Read also: 10 Poorest Country for Education in Africa

7. Mozambique – $476

Mozambique may be a southeast African country with a population of just over 24 million. The country is one among the poorest and least developed countries within the world. However, with aid from organizations just like the International Bank for Reconstruction and Development and therefore the International fund , Mozambique has exhibited a positive growth trend.

The minimum legal salary in Mozambique is around $60 USD per month. The country faces the issues of chronic child malnutrition, poor literacy rates, improper access to health facilities, and more

6. Madagascar – $459

Madagascar is an island nation and biodiversity hotspot located off the coast of southeast Africa. Though Madagascar features a rich diversity of unique flora and fauna, it’s one among the poorest countries in Africa from an economic point of view. Approximately 69% of the population of the country lives below the poverty line threshold of $1 each day.

5. Democratic Republic of the Congo – $449

The Democratic Republic of the Congo (DRC), one among the poorest countries in Africa, maybe a Central African country with a population of around 80 million. it’s the continent’s second-largest country by area. Though nature has endowed DRC with rich natural resources, the country is politically unstable. The high rates of corruption, lack of infrastructure, long years of colonial and commercial exploitation have weakened the economy of the state . Raw minerals are the most important exports of DRC with China being the most important export partner of the country and accepting quite 50% of the exports. DRC features a low ranking within the HDI, ranking 176 among the 187 countries of the planet . Its average annual income is around $449 US dollars.

4. Central African Republic – $430

The Central African Republic is among the poorest countries in Africa, with a mean income of $430 per annum . The country houses a population of around 4.7 million and encompasses a acreage of 240,000 square miles. Though the country features a significant volume of natural resource and sufficient quantities of arable land, it ranks 187th out of 188 nations within the human development ranking.

The landlocked geography and poor economic development of the Central African Republic hinder the export trade the country. Though diamonds are the foremost important export of the country, accounting for quite 50% of the export revenue, it’s estimated that an outsized a part of it leaves the country clandestinely. The annual real GDP growth of the state is merely about 3%. Though the country is almost self-sufficient in food crops, the high presence of the tsetse makes the country poor in livestock quality.

3. Malawi – $351

Malawi may be a landlocked country in southeast Africa that covers a neighborhood of 118,000 square km and features a population of around 16 million. Malawi is among the world’s least developed nations. Agriculture contributes to over 90% of the export revenues of the country. Previously, Malawi was heavily hooked in to the planet Bank and therefore the International fund for aid. The high rates of corruption prevalent within the country soon discouraged the international agencies from providing monetary help to the country. High rates of HIV/AIDS, poor literacy rates, poor health and hygiene, corruption, landlocked geography, etc., are a number of the factors liable for the country low per capita income levels.

See also: The 10 Most Educationally Developed Countries In Africa

2. Burundi – $307

Burundi is an East African landlocked country with a population of about 11,178,921. Burundi may be a resource-poor country where the manufacturing sector is very underdeveloped. The nation’s economy is especially supported agriculture which employs 90% of the people but accounts for less than slightly over 30% of the GDP. Coffee and tea are the country’s primary export items.The country’s landlocked geography, low literacy rates, poor system , lack of economic freedom, and high rates of HIV/AIDS are barriers to the economic progress of Burundi. Burundians even have to affect high rates of corruption, poor health facilities, scarcity of food, and weak infrastructure. Its average income is around $307 US dollars.

1. South Sudan – $303

South Sudan is the poorest country in Africa with a per capita income of $303 per annum . Having become an independent country only in 2011, Sudan is one among the world’s youngest countries. As such, the country’s economy is quite underdeveloped. It also has a number of the world’s least developed infrastructure.

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