Affluent Savvy
Photo by Dan Hadley Pexels Logo Photo: Dan Hadley

Who is the poorest country on earth?

Burundi is the world's poorest country followed by Central African Republic, DR Congo, South Sudan and Somalia as the poorest. The richest countries are Luxembourg, Singapore, Ireland, Qatar and Switzerland. Soberingly, 19 of the 20 poorest countries are all located in Africa.

What generation will live the longest?
What generation will live the longest?

Generation X may live longer than their boomer elders but their health will be poorer. Do you want the good news or the bad news Generation X?...

Read More »
Which planet rules skin?
Which planet rules skin?

Mercury: Nervous system, skin, face, thyroid. It has a direct influence over mental disorders, ear problems, etc. Sep 26, 2020

Read More »
Awaken your dormant DNA ability to attract wealth effortlessly
Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »

African nations dominate the ranking of the poorest countries in the world based on the latest data from the World Bank We all have preconceptions about places. Take Ethiopia for example. As children of the eighties, Kia and I were only too aware of the struggles Ethiopia has faced historically: political unrest, civil war and, of course, famine. It was easy then to imagine a vast desolate dust bowl ahead of our visit in 2017. Ethiopia is perceived by many as a representation of wider Africa: still developing, still struggling. In reality, it is a land of lush mountains, dazzling architecture and jaw-dropping natural wonders.

There is poverty, but there is also hope.

Our visit prompted us to ask if Ethiopia is still ranked as one of the poorest countries in the world. Data from the World Bank shows that it ranks at number 23.

Which is the world’s poorest country?

Burundi is the world’s poorest country followed by Central African Republic, DR Congo, South Sudan and Somalia as the poorest. The richest countries are Luxembourg, Singapore, Ireland, Qatar and Switzerland. Soberingly, 19 of the 20 poorest countries are all located in Africa. The first non-African country on the list is Afghanistan, ranked 15th. The World Bank is able to rank the poorest countries in the world using GDP per capita based on purchasing power parity (PPP). The actual purchasing power of any currency is the quantity of that currency needed to buy a specified unit of a good or a basket of common goods and services. PPP is determined in each country based on its relative cost of living and inflation rates. Therefore, using GDP PPP, it is possible to compare disparate regions and rank the poorest countries in the world. International dollars are used as a global currency for comparison.

Atlas & Boots Ethiopia is the world’s 23rd poorest country

Poorest countries in the world The World Bank does not have sufficient data for a number of countries including Andorra, Cuba, Liechtenstein, Monaco, North Korea and Syria, but otherwise ranks the poorest countries in the world as below, based on 2020 data unless stated otherwise. Rank Country International $ 1 Burundi 771 2 Central African Rep. 988 3 DR Congo 1,142 4 South Sudan** 1,235 5 Somalia 1,246 6 Niger 1,288 7 Mozambique 1,297 8 Liberia 1,468 9 Madagascar 1,544 10 Malawi 1,592 11 Chad 1,602 12 Eritrea**** 1,626 13 Sierra Leone 1,727 14 Guinea-Bissau 1,949 15 Afghanistan 2,079 16 Rwanda 2,214 17 Togo 2,223 18 Burkina Faso 2,274 19 Gambia, The 2,275 20 Uganda 2,294 21 Mali 2,348 22 Kiribati 2,383 23 Ethiopia 2,423 24 Lesotho 2,444 25 Solomon Islands 2,619 26 Tanzania 2,780 27 Guinea 2,817 28 Vanuatu 3,011 29 Haiti 3,095 30 Comoros 3,153 31 Zambia 3,458 32 Senegal 3,503 33 Benin 3,505 34 Zimbabwe 3,537 35 Micronesia 3,553 36 Congo 3,622 37 Yemen*** 3,689 38 Tajikistan 3,858 39 Cameroon 3,868 40 Nepal 4,009 41 Timor-Leste 4,141 42 Sudan 4,142 43 Marshall Islands 4,148 44 Sao Tome & Principe 4,274 45 Papua New Guinea 4,287 46 Cambodia 4,421 47 Kenya 4,578 48 Tuvalu 4,653 49 Pakistan 4,813 50 Kyrgyzstan 4,974 51 Myanmar 5,124 52 Bangladesh 5,139 53 Nigeria 5,186 54 Mauritania 5,390 55 Honduras 5,420 56 Cote d’Ivoire 5,466 57 Nicaragua 5,570 58 West Bank & Gaza 5,690 59 Ghana 5,744 60 Djibouti 5,782 61 Cabo Verde 6,377 62 Angola 6,445 63 Belize 6,458 64 India 6,504 65 Tonga 6,695 66 Samoa 6,769 67 Morocco 7,369 68 Uzbekistan 7,734 69 Laos 8,239 70 Bolivia 8,275 71 Philippines 8,390 72 El Salvador 8,420 73 Vietnam 8,650 74 Guatemala 8,854 75 Eswatini 8,866 76 Jamaica 9,242 77 Namibia 9,298 78 Iraq 9,507 79 Jordan 10,355 80 Tunisia 10,823 81 Libya 10,846 82 Dominica 10,853 83 Ecuador 10,896 84 Bhutan 11,130 85 Kosovo 11,294 86 Algeria 11,324 87 Peru 11,879 88 Indonesia 12,073 89 Fiji 12,079 90 Lebanon 12,119 91 Mongolia 12,367 92 Egypt 12,607 93 St. Vincent & Gren. 12,705 94 St. Lucia 12,710 95 Moldova 13,000 96 Ukraine 13,055 97 Paraguay 13,069 98 Sri Lanka 13,225 99 Armenia 13,312 100 Iran 13,338 101 Barbados 13,350 102 South Africa 13,361 103 Albania 13,412 104 Maldives 13,443 105 Nauru 14,340 106 Azerbaijan 14,480 107 Georgia 14,732 108 Brazil 14,835 109 Colombia 14,931 110 Gabon 15,106 111 Grenada 15,283 112 Botswana 15,458 113 Bosnia & Herz. 15,592 114 Turkmenistan* 16,196 115 Palau 16,322 116 Suriname 16,735 117 North Macedonia 16,926 118 China 17,211 119 Venezuela**** 17,528 120 Dominican Rep. 17,936 121 Equatorial Guinea 17,941 122 Thailand 18,233 123 Antigua & Barbuda 18,242 124 Mexico 18,444 125 East Asia & Pacific 18,541 126 Serbia 19,094 127 Guyana 19,705 128 Montenegro 19,990 129 Belarus 20,239 130 Mauritius 20,531 131 Argentina 20,771 132 Curacao 21,423 133 Costa Rica 22,132 134 Turks & Caicos Islands 22,286 135 Uruguay 22,794 136 Bulgaria 24,564 137 Trinidad & Tobago 25,024 138 Chile 25,110 139 St. Kitts & Nevis 25,653 140 Seychelles 25,768 141 Kazakhstan 26,754 142 Panama 26,782 143 Turkey 27,235 144 Malaysia 27,924 145 Greece 27,949 146 Croatia 28,780 147 Russia 29,812 148 Oman 31,120 149 Slovakia 31,356 150 Latvia 31,483 151 Romania 32,099 152 Bahamas, The 32,539 153 Hungary 33,076 154 Portugal 34,177 155 Poland 34,287 156 Puerto Rico 34,337 157 Estonia 37,645 158 Spain 37,756 159 Lithuania 38,881 160 Cyprus 39,373 161 Israel 39,489 162 Slovenia 39,725 163 Czech Rep. 41,608 164 Italy 41,902 165 Japan 42,390 166 Malta 42,461 167 Bahrain 43,756 168 New Zealand 44,491 169 South Korea 45,226 170 UK 46,483 171 Canada 46,572 172 Saudi Arabia 46,760 173 France 46,991 174 Kuwait 47,307 175 Finland 50,517 176 Belgium 53,089 177 Australia 53,317 178 Iceland 53,617 179 Germany 54,845 180 Sweden 55,038 181 Austria 55,686 182 Hong Kong SAR, China 59,234 183 Netherlands 59,267 184 Denmark 60,230 185 Macao SAR, China 60,896 186 Norway 62,645 187 USA 63,207 188 San Marino* 63,420 189 Brunei Darussalam 65,613 190 UAE 66,771 191 Cayman Islands 71,594 192 Switzerland 71,745 193 Bermuda 80,830 194 Qatar 89,969 195 Ireland 93,350 196 Singapore 98,520 197 Luxembourg 117,846

* 2018 data

Why is it so hard to find a 2009 penny?
Why is it so hard to find a 2009 penny?

The collapse of the economy in late 2008 reduced new circulating coin demand to the lowest levels in 50 years in 2009. Cent production's decline...

Read More »
Should I buy YouTube subscribers?
Should I buy YouTube subscribers?

So, there is a huge risk in buying YouTube subscribers. Another reason is, most of the time, you will end up with fake subscribers. These are...

Read More »

** 2015 data

*** 2013 data

**** 2011 data

More rankings and articles can be found in our remote work area:

► 100 best cities in the world

► Most dangerous countries in the world

► Countries with the best healthcare in the world

► World’s worst countries to drive in

► Happiest countries in the world

► Best countries for women

► Poorest countries in the world – ranked

► World’s most powerful passport

► Countries with the fastest internet in the world

► Most stressed countries in the world

► Most expensive cities for expats

► World’s most democratic countries

Enjoyed this post? pin it for later…

Lead image: World Bank

How do you know if someone is poor?
How do you know if someone is poor?

Poverty is measured in the United States by comparing a person's or family's income to a set poverty threshold or minimum amount of income needed...

Read More »
Which zodiac is cold blooded?
Which zodiac is cold blooded?

Scorpio, Virgo, Taurus: 5 cold hearted Zodiac signs who almost NEVER show any emotions. Aug 28, 2019

Read More »
Awaken your dormant DNA ability to attract wealth effortlessly
Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »
What happens if you always see 444?
What happens if you always see 444?

The recurring presence of 444 could indicate a spiritual awakening or personal growth. In the Bible, the number 4 refers to time and seasons, so...

Read More »
Awaken your dormant DNA ability to attract wealth effortlessly
Awaken your dormant DNA ability to attract wealth effortlessly

The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

Learn More »
What house number is the luckiest?
What house number is the luckiest?

There are many numbers that are considered perfect for properties. Numbers such as 3, 6, 8, 9, 11 and house number 38 numerology are all considered...

Read More »