5 Poorest Countries In The World

5 Poorest Countries In The World
What are the poorest countries in the world?

Poverty line or poverty threshold is the minimum level of income deemed to be met to obtain an adequate standard of living in a country. In practice, the official or common understanding of the community regarding poverty line (and also the definition of poverty) is higher in developed countries than in developing countries.
Almost every community has people who live in poverty. The poverty line is useful as an economic device that can be used to measure and considering the poor socio-economic reforms.


5 Poorest Countries In The World :

5 . Eritrea
GDP Per Capita : $ 735 ( in 2011 )

Eritrea is a country located in the northeastern part of Africa . Eritrea is bordered by Sudan in the west , Ethiopia in the south , and Djibouti in the southeast . Red Sea in the east of the country Eritrea separating the Middle East region . Eastern and northeastern parts of the country has a long line of seafront overlooking the Red Sea , really dealing with Saudi Arabia and Yemen . Dahlak Islands and many islands in the Hanish Islands are part Eritrea .

The Eritrean current economic conditions do not improve and the real gross domestic product growth average of 1.2 percent between 2005 and 2008 , in 2009 an estimated 2.0 percent GDP growth . -5 Poorest Countries In The World

4 . Burundi
GDP Per Capita : $ 615 ( in 2011 )

Burundi is a country with no sea in the Great Lakes region in the middle of the African continent . The country is bordered by Rwanda to the north , Tanzania to the south and east , and the Democratic Republic of Congo in the west . Although the country does not have sea boundary , much of its western border is adjacent to Lake Tanganyika .

Without the sea boundary , facing population pressures and having little natural resources , Burundi is one of the poorest and most have many conflicts in Africa and in the world . Its small size cover major problem encountered in seeking settlement of claims supremacy of the ruling Tutsi minority to demand political participation of the majority Hutu tribe . - 5 Poorest Countries In The World

3 . Zimbabwe
GDP Per Capita : $ 487 ( in 2011 )

Republic of Zimbabwe is a country in southern Africa . This landlocked country bordered by South Africa to the south , Botswana to the west , Zambia to the north and Mozambique to the east .

Zimbabwe's economy continued to slump for some time . Inflation in this country continues to increase to 2.2 million per cent , which became the highest inflation in the world . Due to the high inflation , the central bank of Zimbabwe has issued 4 versions currencies until now . The last time the central bank of Zimbabwe issued a fractional $ 100,000,000,000,000 ( 100 trillion ), which became the world's largest nominal money which is then replaced by the 4th version of the dollar where each $ 100,000,000,000,000 ( 100 trillion dollars ) replaced the old money new money , $ 1 . As the economy continues to worsen now Zimbabwe central bank decided to allow people to use the U.S. dollar as their currency back to stabilize the economy of Zimbabwe . - 5 Poorest Countries In The World

2 . Liberia
GDP Per Capita : $ 456 ( in 2011 )

Republic of Liberia is a country on the west coast of Africa bordered by Sierra Leone , Guinea , and Ivory Coast . Liberia recently hit by two civil wars (1989-1996 and 1999-2003) which resulted in hundreds of thousands of inhabitants fled Liberia and destroy the economy . Today, Liberia is recovering from the lingering effects of the civil war and related economic dislocation , with about 85 % of the population living under $ 1 per day . - 5 Poorest Countries In The World

1 . Democratic Republic of Congo
GDP Per Capita : $ 348 ( in 2011 )

Democratic Republic of Congo has been the poorest country in the world in 2010 .

Democratic Republic of Congo ( formerly called Zaire between 1971 and 1997 ) , is a country in Central Africa . It shares borders with the Central African Republic and Sudan to the north ; Uganda , Rwanda , Burundi , and Tanzania in the east, Zambia and Angola to the south , and the Republic of Congo in the West .
Protracted civil war taking place in the Congo since 1998, which destroy and drag the whole region and the surrounding countries . The violence has destroyed the country's infrastructure and economy until the UN takes over the problems in the country and force President Joseph Kabila of the General Election held on July 30, 2006 .- 5 Poorest Countries In The World

You Read : 5 Poorest Countries In The World

;