Tuesday , 25 October 2016

These Countries Are The World’s Poorest

19 of the 23 poorest countries in the world are located in Africa. The foreign-policy DRC (Democratic Republic of Congo) is the poorest with its citizens earning on average $394.25 a year (compared with Qatar where people earn an average of $105,091.42 a year). Afghanistan is the first non-African country (10th place) and also the first country where the average annual income passes the $1,000 threshold ($1072.19). HERE‘s the complete list.

The above edited excerpts, and the copy below, are from an article* by Barbara Tasch (businessinsider.com) originally entitled The 23 poorest countries in the worldwhich can be seen in its entirety HERE.

Based on data from the IMF, Global Finance Magazine ranked the world’s countries according to their GDP per capita (and on a Purchasing Power Parity basis to take into account living cost and inflation rates in order to compare living standards between different nations) and determined the following poorest ones. (Some small territories, such as Liechtenstein, Nauru, Vatican City, Monaco, San Marino and Andorra were not included in the study.)

Here is the list of the 23 poorest countries in the world (and here’s the full study):

23 poorest countries in the world


Related Articles from the munKNEE Vault:

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The infographic below shows the difference in living costs around the world using CPI data as a relative indicator of a country’s living costs compared to New York (for example, if a country has a CPI of 70, on average, it enjoys 30% cheaper living costs compared to New York).

3. Monthly Personal Income (After Taxes) by Country Worldwide

This infographic shows the difference in Monthly Personal Disposable Income around the world using data from 2014. In this context personal disposable income refers to the income per person after all taxes have been paid.

4. Average U.S. Individual & Household Incomes Surprisingly Low – Take A Look

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5. How much does the typical American household make?

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7. How Many Minutes of Work Does It Take to Buy a Pack of Cigarettes in Your Country?

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