Top 10 Poorest countries
By iastoppers.com
in the world: 2023
The GDP Dilemma
Per capita GDP using Purchasing Power Parity (PPP) for a fair comparison unveils the poorest countries globally in 2023
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1. South Sudan
Political instability, conflicts, and reliance on traditional agriculture contribute to economic challenges in this young nation
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2. Burundi
Rapid population growth, political instability, and a reliance on subsistence agriculture worsen economic struggles
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3. Central African Republic
Despite abundant natural resources, conflicts and infrastructure challenges hinder economic development
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4. Somalia
Political instability, armed conflicts, and a lack of infrastructure impede progress in the Horn of Africa
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5. Democratic Republic of the Congo
Despite natural resource wealth, poverty persists due to malnutrition, limited access to education, and healthcare
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6. Mozambique
Natural disasters, disease, population growth, and wealth inequality contribute to ongoing poverty
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7. Niger
Limited resources, frequent droughts, and a predominantly agricultural economy pose economic challenges
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8. Malawi
Vulnerability to climate change, reliance on rain-fed agriculture, and fluctuating commodity prices impact the economy
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9. Chad
Economic challenges persist despite substantial oil reserves, with vulnerability to weather-related shocks and food insecurity
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10. Liberia
Enduring poverty results from violent conflicts, outbreaks, and forced migration, disrupting agriculture and contributing to food insecurity
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