what is the poorest country in the world?

Answer 1

List of Poorest countries alongwith their GDP/ capita
1. East Timor $ 500
2 Somalia $ 500
3 Sierra Leone $ 500
4 Malawi $ 600
5 Tanzania $ 600
6 Burundi $ 600
7 Congo, Republic of the $ 700
8 Congo, Democratic Republic of the $ 700
9 Comoros $ 700
10 Eritrea $ 700
11 Ethiopia $ 700
12 Afghanistan $ 700
13 Niger $ 800
14 Yemen $ 800
15 Madagascar $ 800
16 Guinea-Bissau $ 800
17 Zambia $ 800
18 Kiribati $ 800
19 Nigeria $ 900
20 Mali $ 900

Answer 2

East Timor, officially the Democratic Republic of Timor-Leste, is a country in Southeast Asia comprising the eastern half of the island of Timor, the nearby islands of Atauro and Jaco, and Oecussi-Ambeno, an exclave of East Timor on the northwestern side of the island, surrounded by Indonesian West Timor. The small country of 5,376 square miles (14,609 square kilometres) is located about 400 miles (640 km) northwest of Darwin, Australia.

East Timor has the lowest per capita GDP (Purchasing Power Parity adjusted) in the world of only $400 (which corresponds to the 192nd, and last, position). However, regarding the Human Development Index, or HDI, it is in 140th place among the world's nations, which corresponds to medium human development.

Answer 3

Burkina Faso is among the poorest, per capita. There are other countries that have a smaller GDP, but the wealth is distributed more equally.

Burkina Faso has few natural resources and a weak industrial base. About 90% of the population is engaged in subsistence agriculture, which is vulnerable to harsh climatic conditions. Cotton is the key crop and the government has joined with other cotton producing countries in the region to lobby for improved access to Western markets. GDP growth has largely been driven by increases in world cotton prices. Industry remains dominated by unprofitable government-controlled corporations. Following the CFA franc currency devaluation in January 1994, the government updated its development program in conjunction with international agencies; exports and economic growth have increased. The government devolved macroeconomic policy and inflation targeting to the West African regional central bank (BCEAO), but maintains control over fiscal and microeconomic policies, including implementing reforms to encourage private investment. The bitter internal crisis in neighboring Cote d'Ivoire continues to hurt trade and industrial prospects and deepens the need for international assistance.

2005 GDP was estimated at only $16 Billion- (compared to $12.5 TRILLION for the USA).

45% of Burkinas are below the poverty line, by Africa's standards.

The average family there lives on less than the equivalent of $350 US Dollars per year.

Answer 4

Nicaragua keeps trading places with Haiti for the poorest country in the Western Hempishere, but there's probably poorer ones elsewhere in the world.

Answer 5

East Timor and Somalia and Sierra Leone

all 3 have a GDP per capita of around $500

Answer 6

East Timor

Answer 7

Somalia

Answer 8

If it is the national wealth, well it is relative. Till oil was discovered, the middle east looked like quite poor.
So, if it the people, an interesting aspect is : India has the largest number of "voluntarily poor" people, who consciously decided to not to store tomorrow's meal today !

Answer 9

world's poorest country is "East Timor"

Answer 10

Timor Leste. Its nearby Indonesia.