1. Congo
Population: 70.9 million
GDP (PPP): $20.6 billion
GDP per capita: $332
Even though it has rich economic resources, the
Democratic Republic of Congo has suffered from war and corruption since its
independence in 1960.
Congo was one of the second most industrialised countries in Africa. Today,
it has the lowest GDP per capita in the world.
Poor infrastructure and business, reflects the ill-effects of what has been
termed as Africa's 'world war,' where an estimated 3 million lives were
lost.
2. Zimbabwe
Population: 11.6 million
GDP (PPP): $332 million
GDP per capita:
$354
Zimbabwe is not one of the poorest nations in the world.
However, its economy has suffered from war with the Democratic Republic of Congo
and hyperinflation.
Further, a violent land redistribution campaign has scared away most
potential foreign investors.
3. Burundi
Population: 9.8 million
GDP (PPP): $3 billion
GDP per capita:
$400
Burundi has recently come out of a civil war between the
Hutu and Tutsi factions. Thus, its economy faces many challenges.
It also lacks in resources and is largely uneducated (only one in two
children attends school). Further, one in every fifteen adults has HIV/Aids.
Even though, recent political stability has proven beneficial, poverty
remains extremely prominent.
4. Liberia
Population: 3.7 million
GDP (PPP): $1.4 billion
GDP per capita:
$424
Liberia has suffered extensive economic hardships since a
1980 military coup, which was led by Samuel Doe.
But, it has an abundance supply of water, timber and mineral resources. This
gives Liberia a chance for salvation, a chance to rebuild its war-ravaged
infrastructure.
5. Eritrea
Population: 5.8 millionGDP (PPP): $3.7 billionGDP
per capita: $679
Eritrea gained its independence from Ethiopia 17 years
ago.
It suffers from problems that arise from its position as a small,
underdeveloped country that continues to experience military conflict since its
sovereignty.
The country's single party government, run by the People's Front for
Democracy and Justice, has total control over the economy through military force
and the expansion of government-owned businesses.
6. Niger
Population: 15.9 millionGDP (PPP): $10.1 billionGDP
per capita: $719
Niger, which suffers from poor economy, has an arid
climate that suffers from drought cycles and desertification.
Further, its economy is consistently undercut by price fluctuations in
uranium, the country's primary export.
These facts, in addition to Niger's prolonged history of post-independence
military rule, makes the nation as one of the poorest in the world - devastated
by disease and corruption.
7. Central African Republic
Population: 4.8 millionGDP (PPP): $3.2 billionGDP
per capita: $745
The Central Republic of Africa has undergone three
decades of military dictatorships, a decade of unruly civilian government, and
an unstable transitional government established by a military coup. All these
events have happened since CAR gained independence from France in 1960.
CAR shows great potential for economic growth within timber and diamond
industries. But, it is still surrounded by political instability and concerns
like corruption, which hamper CAR's progress.
8. Republic of Sierra Leone
Population: 5.2 millionGDP (PPP): $4.3 billionGDP
per capita: $759
Victim of a 10-year old war - which ended in 2002 -
Sierra suffers from poverty and unemployment. The nation, which has rich
minerals and agricultural resources, is recovering from the after effects of
war.
The export of diamonds, often referred to as 'blood diamonds,' benefits only
a small minority of the country.
But, for much of the general population, peace and prosperity seems
unattainable.
9. Togo
Population: 6.2 millionGDP (PPP): $5.3 billionGDP
per capita: $826
Togo has been experiencing political unrest since it
gained independence from France in 1960.
One of the world's poorest countries, Togo is led by the universally
condemned President Faure Gnassingbe, son of the corrupt political leader
Gnassingbe Eyadema.
The nation, however, has only recently begun to rebuild its relationship with
the international community.
With help from the World Bank and the IMF, Togo aims at improving its
economic growth through increased privatisation, government transparency and
support from foreign donors.
10. Malawi
Population: 15.4 millionGDP (PPP): $11.3 billionGDP
per capita: $884
Extreme poverty, the rampant spread of HIV/AIDS and the
widespread corruption are the banes of Malawi.
The country is one of the world's least developed nations and also one of the
most densely populated.
11. Madagascar
Population: 21.3 millionGDP (PPP): $19.7 billionGDP
per capita: $932
Madagascar had a socialist-oriented government until the
1990s. This was later replaced by a government, which relied heavily on the IMF
for economic guidance.
Even though, a burgeoning tourism industry was developed, several political
crisis, as well as global recession, hurt the nation's best hope for growth in
the past few years.
12. Mozambique
Population: 22 millionGDP (PPP): $18.6 billionGDP
per capita: $933
Mozambique became independent in 1975. Since, then it has
struggled to bring itself out of extreme poverty.
The nation is working against massive foreign debt with the aid of
international organisations. It has also managed to garner some attention from
investors and has developed a sizable aluminium industry.
However, Mozambique was hit by economic recession, as the growth and export
potential of the aluminium industry was hampered by a sharp drop in the price of
the metal.
13. Ethiopia
Population: 88 millionGDP (PPP): $70.9 billionGDP
per capita: $954
One of the largest and poorest of the African nations,
Ethiopia relies heavily on agricultural exports (particularly coffee) to sustain
GDP.
However, the country is hurt by heavy droughts, poor farming practices and
price fluctuations. Ethiopia was also heavily affected by a two-year war with
Eritrea.
In 2005, the International Monetary Fund waived off the country's debt, which
has led to improved conditions.
14. Guinea
Population: 10.3 millionGDP (PPP): $10.3 billionGDP
per capita: $991
Guinea retains significant potential in agricultural and
mineral resources, as well as hydroelectric development.
But, the nation suffers from a poor literacy rate of less than 30 per cent.
It is also engulfed by political uncertainty. As a result of which, industries
are left underdeveloped in this nation.
15. Rwanda
Population: 11,055,976GDP (PPP): $9.9 billionGDP per
capita: $1,149
Rwanda is one of the countries on this list that shows
signs of hope and improvement.
The genocide in 1994 affected Rwanda's infrastructure and left its people in
great depths of poverty.
Efforts to develop this resource rich nation, aided by the international
perception of increased stability after nearly 1 million deaths during the
genocide, have caused mineral production to replace coffee and tea as Rwanda's
main export.
16. Mali
Population: 13.7 millionGDP (PPP): $15 billionGDP
per capita: $1,172
Mali has a rich agricultural influence. This nation
relies heavily on its tobacco industry, which makes up at least 50 per cent of
the nation's total exports.
But, the effort extended by the government to develop Mali into an industrial
infrastructure aided by the IMF, the UN, and several other philanthropic
organisations, has faced major setbacks.
The nation experiences some significant issues like unpredictable and
unreliable availability of utilities, including electricity, water and
telecommunications. These problems have deterred many foreign investors, thus
hampering the overall development.
17. Uganda
Population: 33.4 millionGDP (PPP): $36.9 billionGDP
per capita: $1,195
Its vast natural resources, particularly precious metals
and minerals, offer Uganda a great deal of potential.
But, over 80 per cent of its population is employed in agriculture.
The underdevelopment of a mining infrastructure, as well as overall lack of
industrialisation, is mainly due to major civil unrest and international
conflict with neighbouring countries.
18. Nepal
Population: 28.9 millionGDP (PPP): $31.5 billionGDP
per capita: $1,205
Like Burkina Faso, Nepal has also experienced much
political instability over the past few decades.
While Nepal has significant potential for development of a hydroelectric
power infrastructure, the political instability coupled with the nation's
propensity for natural disasters, has left this resource largely untapped.
For now, one-third of the nation's GDP comes from small-time agriculture.
19. Burkina Faso
Population: 16.2 millionGDP (PPP): $17.7 billionGDP
per capita: $1,304
The infrastructure of this West African nation has been
affected by frequent droughts and several coups since the 1980s.
The country's main export is cotton. However, partly due to these intense
droughts and heavy fluctuations in the industry, this has been an unreliable
cash crop.
20. Haiti
GDP (PPP): $11.5 billionGDP per capita: $1,338
The poorest nation outside the African continent, Haiti
has been plagued by natural disasters, poor health conditions, drought and
famine.
Adding to the natural calamity, the country has witnessed some of its worst
years under the 30-year rule of physician and brutal dictator Francois 'Papa
Doc' Duvalier, who was later succeeded by his son, 'Baby Doc' Jean-Claude.
Under their rule, Haiti experienced a massive brain drain. It is still
recovering from the effects.
Once again hit by a natural catastrophe, the recent 7.0 earthquake in
Port-au-Prince has not helped matters.