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6. Niger – $736
 Niger is one of the poorest countries in Africa – over 80% of its land is covered by the giant desert of Sahara. While it might seem like a hostile place to live it is actually even worse – ongoing droughts are leading to more desertification. One day the whole Republic of Niger might be swallowed by the mighty desert. Currently most of its terrain is made up of desert plains and sand dunes with some savanna around the Niger river. Over 5000 years ago the same land was actually covered with fertile grasslands – the desertification has took place in the last 2000 years.
While the country is over twice the size France, it only has less than 10 000 km of roads of which less than 800 km is paved. All the paved roads are inside the cities. There are no paved roads connecting the cities to each other. Niger is the worlds largest exporter of uranium. Just like other countries in the top 10 poorest countries of the world list, only about 1 in 4 persons have ever attended school. Niger also boasts a small army – it has about 12000 troops and 4 aircrafts  .
5. Somalia – $600
Traditional house in poor Somalian village
 Unlike many African countries Somalia has never been officially colonized by any country. The efforts of the British Empire were successfully driven back at least 4 times. While Somalia is situated in Eastern Africa it has close ties to the Arab world. As a Muslim country it also belongs to the Arab League. Probably because of its Islamic background Somalia has one of the lowest HIV and Aids infection rates. Somalia’s friendship with the Soviet Union enabled it to build the largest military in Africa – unfortunately it proved ineffective to withhold the civil war that broke out in 1991.
In recent years the poor people of Somalia have found a new way to make money – hijacking international boats and taking the crew and the cargo as hostage. Piracy in Somalia has become so common that when young boys grow up they wish to become pirates because that’s where the money is. International companies are known to pay pirates from 1 to 20 million dollars just to get the ships back. An oil tanker filled with oil can be worth a few hundred million dollars.
4. Burundi – $401
People dancing in Burundi Village
 In addition to being one of the poorest countries in the world this small landlocked African country is known for its wars between the inhabiting competing tribes. The reason Burundi is so poor is because they have never really had any peaceful time between the everlasting civil wars. Corruption, poor access to education, and a high percentage of HIV and AIDS are all the things that Burundi is known for. Approximately 80% of Burundians live in poverty and according to the World Food Programme 57% of children under 5 years suffer from chronic malnutrition. 93% of Burundi’s exports revenues come from selling coffee.
According to a study done in 178 countries the people of Burundi have the lowest life satisfaction in the world. As a result of poverty it is almost entirely dependent on foreign aid. No wonder Burundi is the 4th poorest country in the world.
3. Liberia – $379
A rebel in Monrovia, Liberia, keeping watch in front of a house and car full of bullet holes
 Liberia is one of the few countries in Africa that have not been colonized by Europe. Instead, Liberia was founded and colonized by the slaves who escaped from America. These slaves made up the elite of the country and they established a government that closely resembled that of the United States of America. In 1980 the president of Liberia was overthrown and a period of instability and civil war followed. After the killings of hundreds of thousands Liberia is in a deep economic crisis. Statistics indicate that about 90% of the population lives below $1.25 a day.
As the 3rd poorest country in the world, Liberia has an unemployment rate of 85%. Just as its neighbor Sierra Leone, Liberia was known for its blood diamonds during the civil war. As a results the United Nations banned diamond exports from the country. Compared to the 7 children each women gives birth to on average – the life expectancy of 44 years seems incredibly short. No wonder Liberia is one of the poorest countries in the world!
2. Democratic Republic of the Congo – $334
A child in Congo riding a self made wooden bike
 Not to be mixed with the neighboring Republic of Congo, the Democratic Republic of the Congo was known as Zaire until 1997. Congo is the largest country in the world that has French as an official language – the population of Congo is about 1 million larger than the population of France (66 million people in Congo vs 65 million in France). The Second Congo War beginning in 1998 has devastated the country. The war that involves at least 7 foreign armies is the deadliest conflict in the world since World War II – it has already killed 5.4 million people. In Africa the war is called African World War. It is estimated that in 2010 at least 45 000 people in Congo are killed monthly.
Congo is also one of the last places on earth with tribes of cannibals. An Mbuti pygmy testified before the UN that their people were hunted down and eaten like animals by neighboring tribes. Eating other people is a way to survive the famines that is affecting about 67% of the population. Congo is also believed to be the worst place in the world for women – it has the most rapes per women in a year. Locals believe that sleeping with a virgin girl will cure AIDS.
1. Zimbabwe – $0.1
A traditional house in a village in Zimbabwe
 Thanks to hyperinflation Zimbabwe has become the poorest country in the world. It used to one of the 10 poorest countries but the 87.9 sextillion percent inflation has left the countries economy into ruins. The inflation worrying the country since 2007 saw the government printing 100 billion dollar bills that were only good enough to buy a few eggs. In August 2008 there was even a time where the government simply decided to take 10 zeroes off of every bank not – simply because they didn’t fit very well. Just 6 months later they removed an additional 12 zeroes. The 87 sextillion percent inflation meant that throughout the year prices kept doubling every 1.1 days. In other words – when an apple would cost 1 dollars on Monday it would already cost 64 dollars on Sunday. In a month the same apple would cost just over 1 billion dollars.
A boy in Zimbabwe going shopping with the equivalant of 3 US dollars
The largest bank note that the government of Zimbabwe released was the 100 trillion dollar bill issued on January 2009. In addition to the economic problems the life expectancy of Zimbabwe is the lowest in the world – 37 years for men and just 34 for women. One of the problems for the early deaths are the 20.1% of the population with HIV and AIDS. The health issues aren’t seeing any improvement – in 2009 3 of the 4 largest hospitals and the countries only medical school was shut down.
For more information about inflation in Zimbabwe check out my post and pictures in my article Inflation in Zimbabwe
Other Notable Poor Countries
- Pakistan – 49th poorest country in the world
- India – 53rd
- Philippines – 55th
- China – 84th
- Russia – 130th
Source:financialjesus.com |
