Poorest countries in the world – The 10 poorest countries in the world unfortunately all comes from Africa and are suffering deeply of hunger and starvation.As cliché as it may be, many believe that money makes the world go round. Upon second thought, this notion really doesn’t seem to be too farfetched at all. In general, some of the most powerful people in the world tend to be the richest ones, and some of the richest people in the world tend to become some of the most powerful.
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Whether an accurate unit of measurement or not, a multitude of people around the world will end up defining their success through the money they’ve made throughout their lives. If not anything else, money is an easy unit of measurement to work with because it’s probably the only directly quantifiable measure of success there is.
With all of being said, quite possibly the only thing as powerful as having money, is lacking it. There is such an obvious disparity between rich and poor all over the world. Furthermore, even the definition of the word “poor” is relative to the context and location. Having money can surge a nation forward, while not having it can hold a nation back.
To see just exactly how powerful this is, here are the Top 10 Poorest Countries in the World.
10 – Guinea (GDP per capita of $523.10)
Typically, the wealth of a country is measured by its Gross Domestic Product (GDP) per capita, which is the purchasing power of all goods and services produced in a country, divided by its population. In essence, this defines the purchasing power of a single person within the country. To begin this list is Guinea, with a GDP per capita of $523.10. Guinea hasn’t seen a period of economic stability since the 1990’s, when their mining and agricultural industries did them well. Since then however, Guinea has fallen victim to sever sociopolitical crises, which rapidly decayed the state of their economy. Much of their economy is still largely based on agriculture, which is difficult because farmers only have access to outdated information and obsolete technology, as investors tend to shy away from the nation entirely.