POOREST NATIONS

Submitted by ub on

These are some of the Poorest Countries in the World this calendar year 2024 and humanity should have learned our lesson.

The world has enough wealth and resources to ensure that the entire human race enjoys a decent standard of living. Yet, people in countries like Burundi, South Sudan and the Central African Republic continue to live in desperate poverty.  For other likely contenders for the undesirable title of the world’s poorest country—Afghanistan, Syria and Eritrea—years of political instability and conflict make it impossible to even attempt an assessment due to the lack of reliable economic figures.

International Monetary Fund, World Economic Outlook April 2024. Values are expressed in current international dollars, reflecting the corresponding exchange rates and PPP adjustments. A list of 190 nations in order of wealth.

According to Global Finance, The world’s poorest countries suffer from civil wars, ethnic and sectarian strife. COVID-19, soaring inflation and the war in Ukraine made their bad situations worse. Would you rather be rich in a poor country or poor in a rich one? Measuring the wealth of nations is not that easy (spoiler: it is not just about gross domestic product, or GDP). Determining the world’s richest countries how rich you are depends to a large degree on how rich and poor countries are defined.

https://gfmag.com/data/economic-data/poorest-country-in-the-world/

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