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Top 10 Poorest Countries in the World 2023: A Global Overview

Top 10 Poorest Countries in the World 2023: A Global Overview

Many countries have become poor in the world due to many conflicts, terrorism, dictatorship, and mismanagement of the economy.

Here are the top 10 countries that face these crises.

Burundi:

The GDP per capital was 221.48 USD in 2021. It is a landlocked country in the Great Rift Valley at the junction of the African Great Lakes region and East Africa, one of the smallest countries in Africa. It was independent on 11 July 1962 until the early 20th century when it became a German colony but after World War First, the Germans defeated the League of Nations and occupied Belgium’s territory and after World War II it turned into a United Nations Trust Territory.

Both the Germans and the Belgians ruled Burundi and Rwanda as European colonies, known as Rwanda-Urundi. After the failed coup, the Tutsi took control and removed 34 Hutu officials, consolidating their power in July 1966 when Michel Mikombero was appointed prime minister. In April and May 1972, the Hutu initially killed 2,000 Tutsi and retaliated by killing 100,000 to 200,000 Hutus. Over 10,000 Tutsi were killed.

Due to the war between the communities, the economic situation started deteriorating from here, and today it is one of the poorest countries in the world.

According to the Reports, it is a low-income economy country and there is no human rights progress where 80% of the people depend on agriculture & 70% are below the poverty line, and have food insecurity where children in rural communities suffer from high malnutrition levels.

Somalia:

The GDP per capital was 447 USD in 2021, It has the longest coastline on the African mainland, bordering Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and Keni to the southwest. The country has warm weather with monsoon wind and little rainfall. Most of the population of the capital Mogadishu was culturally described as the most ethnically homogeneous country.

Somalia became independent in 1960. Between 1969 and 1980, the military government of Mohamed Siad Barre introduced a system of “scientific socialism” in which they categorized nationalized banks, insurance companies, oil companies, and large industrial companies, established state-owned enterprises, farms, and trading companies; and organizing state-controlled cooperatives.

Shortly after the fall of the military regime, it began to undermine the Somalian economy and the country could not recover from this situation and was listed among the poorest countries in the world. Its main sources of income are foreign aid, remittances, and the informal sector.</span >

Mozambique:

The GDP per capital was 491.84 USD in 2021. It is also a South African country bordering the Indian Ocean to the east. It comes under the monsoon trade winds and is influenced by disruptive weather. Swahili port cities flourished in the 7th and 11th centuries, contributing to the development of Swahili culture. In the late medieval period, often traded with Somalia, Ethiopia, Egypt, Arabia, Paris, and India. The country is rich in extensive natural resources, but the economy is based mainly on fisheries—mollusks, crustaceans echinoderms—agriculture, food beverage, and chemical manufacturing, aluminum, and oil.

In the past, the colonial economy was characterized by private monopolies(Portuguese), central planning, and state planning of key products – all planned to promote capital accumulation but exclude most Africans from highly skilled managerial positions. After the independence 1975 of the Mozambique Liberation Front, the government tries to change the economic pattern. Despite their changes, the public stood against ethnic discrimination—government policies threatened Portugal’s residents and traders, and the result was abandoned by thousands of people.

In 1990 the country became the poorest country in the world, with 80% of the total population considered below the poverty line. It was independent on 25 June 1975.

Madagascar:

The GDP per capital was 500.51 USD (2021), It is the world’s fourth-largest island and the second-largest island country. It lies on the southeastern coast of Africa. During the Early Jurassic period about 180 million years ago it separated from the African continent and 90 million years ago, separated from the Indian continent. Madagascar gained independence in 1960.

There are many significant problems here such as most of the population living in poverty and poor infrastructure also undermines the economy, only 11% of the roads are built, and the rest cannot pass through the area during the rainy season, causing most of the children to suffer malnutrition. But in the report of 2018, there has been an increase in development but the situation is not sustainable.

Sierra Leone:

The GDP per capita was 480.04 USD (2021). The country was independent by the British on 27 April 1961. The country has a tropical climate with diverse environments ranging from savanna to rainforest, rich in natural resources. Most of the three-fifths population is dependent on agriculture. In the 1970s, the government tried to increase the productivity of agriculture, but it declined drastically due to the civil war.

The country has faced various conflicts and injustices, including a civil war from 1991 to 2002. This had a profound impact on the economy, due to which the country did not get a chance for development, and they are facing food insecurity, employment, and infrastructure development, etc., Because of these issues country is listed in the top 10 poor countries.

Afghanistan:

The GDP per capital was 368.75 USD (2021). This country is located in the middle of South and Central Asia. It is located on an important trade route that links South and East Asia to Europe and the Middle East. Afghanistan is rich in natural resources opium, saffron, cashmere, and other solids such as lithium, iron, and copper. Many Muslim empires and rulers (British, Russian) made a lot of efforts to take this country under their control, whose effect we see on the country’s economy.

The country faced many battles and as a result, a civil war broke out amidst his successes. It had little international recognition before the Islamic State of Afghanistan was overthrown by the US invasion of Afghanistan in 2001.

But in 2021 the Taliban returned to power and captured Kabul (the country’s capital) and overthrew the government of the Islamic Emirate of Afghanistan. After taking control, the Taliban re-established the government with its own Taliban member of parliament. After taking control, the Taliban re-established the government with its own Taliban member of parliament. However, the Taliban government is still not recognized on the international stage. Due to the effect of all these things the country is suffering from terrorism, poverty, and child malnutrition. Afghanistan is listed as the poorest country in the world.

Central African Republic:

The GDP per capital was 461.14 USD (2021). The country covers a land area of about 6,20,000 square meters. meter. And as per the 2021 report, the estimated population is around 5.5 million. It has to face many conflicts and civil wars which are still going on.

It began when the country bordered France, as the colony which started in the 19th century. In 1990 the first multi-party democratic elections, Ange-Félix Patasse became president but was later ousted by General François Bozize. In the Central African Republic, civil war began in 2004 and a peace treaty was in place from 2007 to 2011, but the civil war resumed in 2012.

Due to the country’s weakened state, several military group abuses are rampant in the country, including arbitrary imprisonment and torture, and no freedom of the press and no freedom of movement as well. This situation makes the country among the poorest countries in the world.

Liberia:

The GDP per capital was 675.66 USD (2021). It is situated on the coast of the West Island. The country of Liberia is rich in flora and fauna and also consists of a tropical rainforest. The country was established in 1821-22 by the American Colonization Authority, where freed slaves were resettled. That is why it is not included in the European and because of the American connection, it is different from other African countries. In 1847 the freed slaves established a new nation and a government modeled on the United States of America. They named their capital James Monrovia after America’s fifth president. During the American Civil War in 1861, over 15,000 freed slaves and free-born African-Americans migrated to Liberia and were newly identified as American Liberians. The resident follows their culture and tradition.

Liberia declared its independence on 16 July 1847. During World War II, the people of Liberia supported America against Germany, and America helped them in the development of the country. But from the 1990s and 2000 to 2003, 14 years of civil war and mismanagement of the Liberian economy broke down the country’s infrastructure, and the Ebola pandemic(for 5 years) left the country among the poorest in the world.

Niger:

The GDP per capital was 590.63 USD (2021), It is a West African country bordered by Libya to the northeast, Chad to the east, Nigeria to the south and Benin and Burkina Faso to the southwest, Mali to the west, Algeria to the northwest.”Niamey” is the capital of Niger which means “flowing water”.The country’s 80% land area Lies in the Sahara desert. The Population is around 20 million and 97% are Muslims. People are mostly dependent on agriculture but due to desertification or facing drought, it may not be helpful for the people. The country has to face many problems like terrorism, poverty, a very low literacy rate in the world, and birth control due to which the population is increasing day by day, this country is listed among the poorest countries in the world.

Democratic Republic of the Congo:

The GDP per capital was 577.21 USD (2021). This county known as “Zaire” is located in Central Africa known as “Zaire”, the county is located in Central Africa and is bordered by the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania (across Lake Tanganyika), Zambia, Angola, the Cabinda exclave of Angola, and the South Atlantic Ocean.

The capital Kinshasa is located on the Congo River, considered the economic center. The country has faced many conflicts between emperors to rule the country. In 1885, King Leopold II of Belgium took over the Congo and was concerned because his private property had been renamed the Free-Congo State. It gained independence on 30 June 1960.

After the killing of Prime Minister Patrice Lumumba by Mobutu Sese Seko in 1965, he took over the country and renamed it “Zaire”, and performed a dictatorial role in the First Congo War in 1997. During the Second Congo War from 1998 to 2003, 45 lakh people died. Because of these situations, the country is listed as the poorest country in the world.

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