Top 10 Poorest Countries in Africa 2020
Description
Ten 10 poorest countries in Africa 2020
Welcome to Displore and Thanks watching. In this video, we shall be looking at the Top 10 poorest countries in Africa in 2020. Africa is a rich continent when it come to natural resources but due to Bribery, corruption and Mis management of most of the continent’s natural resources, the continent is currently the poorest in the world with most of its inhabitants living below the poverty line of less than a dollars a day. The United Nations Development Program sets various indicators in its Human Development Index (HDI) to measure poverty in Africa and all other countries in the world. This includes life expectancy, average school attendance period, as well, per capita income.
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Going by the Nominal GDP Per capita here are the Top 10 poorest countries in Africa as o 2020.
10. Niger – GDP Per Capita $510
Niger is a west African landlocked nation with a population of about 22.4 millon people with Niamey as its capital city. Over 80% of the country’s land area is covered by the Sahara Desert. The non-desert sections of the country are threatened by frequent periods of drought and also increasing desertification.
Niger’s economy is mainly based on subsistence with some export of raw materials like uranium ore and a few agricultural commodities. Niger is one of the poorest countries in Africa. High fertility rates, poor health infrastructure, lack of education, landlocked status, desert terrain and overpopulation are only a few problems that result in the poor economic status of Niger.The country currently has a nominal per capita income of about 510 dollars making it the 10th Poorest country in Africa.
9. Sierra Leone - GDP per capita - $505
Sierra Leone is a small country in West Africa. It is one of the poorest countries on the continent with a per capita income of about 505 US dollars. Although the reasons for this are complicated, the country was ravaged by a brutal civil 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 lack of civil liberties, and a lack of accessible education. Sierra leone has a population of over 7 million dollars and currently ranks as the 9th poorest country in Africa.
8. Democratic Republic of Congo – GDP per capita - $ 505
The Democratic Republic of the Congo (DRC), the 8th poorest country in Africa, is a Central African country with a population of around 101 million people and a GDP of about 46.1 Billion. DRC is also 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 nation. Raw minerals are the biggest exports of DRC with China being the biggest export partner of the country and accepting more than 50% of the exports. DRC has a low ranking in the Human Development Index, ranking 176 among the 187 countries of the world. Its average annual income is around $501 US dollars.
7. Mozambique – GDP Per Capita - $493
Mozambique is a southern African country with a population of just over 29 million. The country is one of the poorest and least developed countries in the world. However, with financial aid from organizations like the World Bank and the International Monetary Fund, Mozambique has exhibited a positive growth trend.
Though Mozambique is one of the Poorest country in Africa the country is however the blessed with lots of natural resources. The minimum legal salary in Mozambique is around $60 USD per month. The country faces the problems of chronic child malnutrition, poor literacy rates, improper access to health facilities, and more.
6. Gambia – GDP per capita -$488
The Gambia is a small West African country, bounded by Senegal, with a narrow Atlantic coastline. The country has a population of about 2.1 million with life expectancy of 66years and Nominal GDP per capita of $488. Compared to most countries on this list – and most countries in West Africa – The Gambia is relatively stable socially and politically. Still, it ranks among the poorest countries in the world. The Gambia has limited natural resources and relies heavily on agriculture, with wood, brasil nuts, and cashews accounting for 80% of its exports. Access to education and health facilities is still a dream in the country.
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