Africa is the world’s poorest and least developed continent; most of its countries are underdeveloped and rely on traditional sources of revenue such as agriculture and mining, which lack modern technologies. Terrorism, smuggling, and corruption are big blemishes on the countries that are still underdeveloped.
Africa is home to 54 countries with a many languages, and 36% of the population lives on less than $1 per day. Congo is the world’s poorest country, with an annual income per capita of US $300. According to a recent poll, Africa has the world’s fastest-expanding economy (in some regions of the continent). Burundi was the poorest country in the world in 2011, yet its income increased from $300 to $400.
Rank | Name of the Countries | GDP(PPP) Per Capital | Year |
---|---|---|---|
1 | Congo, Democratic Republic of the | $300 | 2011 |
2 | Burundi | $400 | 2011 |
3 | Liberia | $400 | 2011 |
4 | Zimbabwe | $500 | 2011 |
5 | Somalia | $600 | 2010 |
6 | Eritrea | $700 | 2011 |
7 | Sierra Leone | $800 | 2011 |
8 | Central African Republic | $800 | 2011 |
9 | Niger | $800 | 2011 |
10 | Malawi | $900 | 2011 |
11 | Madagascar | $900 | 2011 |
12 | Togo | $900 | 2011 |
13 | Ethiopia | $1,100 | 2011 |
14 | Guinea | $1,100 | 2011 |
15 | Mozambique | $1,100 | 2011 |
16 | Guinea-Bissau | $1,100 | 2011 |
17 | Comoros | $1,200 | 2011 |
18 | Rwanda | $1,300 | 2011 |
19 | Mali | $1,300 | 2011 |
20 | Burkina Faso | $1,500 | 2011 |