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RANKED: The 28 poorest countries in the world — where people live on less than $1,000 per year


Follow @BiNordic Will Martin

01 Jun 2018 8:00 AM
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A cityscape of Dakar is seen from the top of African Renaissance hill, Senegal December 19, 2016.REUTERS/Afolabi Sotunde

African and Middle Eastern countries ravaged by war and famine remain the poorest in the world, according to data published by the International Monetary Fund.

Twice a year the IMF releases a huge dump of data about the economic power of the world's nations, with gross domestic product (GDP) per capita a key statistic.

The IMF ranks the world's countries according to purchasing power parity (PPP) per capita.

The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

Most of the countries populating the top of this ranking are under authoritarian regimes where corruption is rampant. This a big deterrent to foreign investors, even if some of those countries have huge amounts of natural resources.

We've included all the countries with a GDP per capita is below $1,000 per year.

28. Sudan — GDP per capita: $992



Mosa'ab Elshamy/AP

27. Benin — $966



REUTERS/Akintunde Akinleye

26. Chad — $919



Reuters

25. Nepal — $918



Navesh Chitrakar/Reuters

24. Mali — $917



Afolabi Sotunde/Reuters

23. Guinea-Bissau — $910

22. Ethiopia — $909

21. Comoros — $869



Wikimedia Commons

20. Tajikistan — $848



Sergey Ponomarev/AP Images

19. Haiti — $847



Spencer Platt / Getty

18. Rwanda — $819



Flickr/Joachim Huber

17. Guinea — $816



Reuters

16. Burkina Faso — $750



REUTERS/Zoe Tabary

15. Liberia — $722

John Moore/Getty

14. Uganda — $711

Darrin Zammit Lupi/Reuters

13. Togo — $698

David Stanley/flickr

12. Afghanistan — $601

Reuters

11. Niger — $510

AP Photo/Carley Petesch

10. Sierra Leone — $505

Reuters

9. The Gambia — $500

REUTERS/Afolabi Sotunde

8. Madagascar — $479

REUTERS/Thomas Mukoya

7. Democratic Republic of Congo — $477

Reuters

6. Mozambique — $472

Grant Lee Neuenburg/Reuters

5. Yemen — $449

Brent Stirton/Getty Images

4. Central African Republic — $425

REUTERS/Goran Tomasevic

3. Malawi — $342

Luca Sola

2. Burundi — $339

Evrard Ngendakumana/Reuters

1. South Sudan — $246

Write to Us:

Advisory Committee: Yves Berthelot (France),  PV Rajagopal (India), Vandana Shiva (India), Oliver de Schutter (Belgium), Mazide N’Diaye (Senegal), Gabriela Monteiro (Brazil), Irakli Kakabadze (Georgia), Anne Pearson (Canada), Liz Theoharis (USA), Sulak Sivaraksa (Thailand), Jagat Basnet (Nepal), Miloon Kothari (India),  Irene Santiago (Philippines), Arsen Kharatyan (Armenia), Margrit Hugentobler (Switzerland), Jill Carr-Harris (Canada/India), Reva Joshee (Canada), Sonia Deotto (Mexico/Italy),Benjamin Joyeux (Geneva/France), Aneesh Thillenkery, Ramesh Sharma, Ran Singh (India)