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Saturday, June 02, 2018

The Poorest Nations

African and Middle Eastern countries ravaged by war and famine remain the poorest in the world, according to the International Monetary Fund.

Twice a year the IMF releases a huge dump of data about the economic power of the world's nations, with gross domestic product (GDP) per capita a key statistic. The IMF ranks the world's countries according to purchasing power parity (PPP) per capita. The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.

All the countries with a GDP per capita is below $1,000 per year.

28. Sudan -- GDP per capita: $992

27. Benin -- $966

26. Chad -- $919

25. Nepal -- $918

24. Mali -- $917

23. Guinea-Bissau -- $910

22. Ethiopia -- $909

21. Comoros -- $869

20. Tajikistan -- $848

19. Haiti -- $847

18. Rwanda -- $819

17. Guinea -- $816

16. Burkina Faso -- $750

15. Liberia -- $722

14. Uganda -- $711

13. Togo -- $698

12. Afghanistan -- $601

11. Niger -- $510

10. Sierra Leone -- $505

9. The Gambia -- $500

8. Madagascar -- $479

7. Democratic Republic of Congo -- $477

6. Mozambique -- $472

5. Yemen -- $449

4. Central African Republic -- $425

3. Malawi -- $342

2. Burundi -- $339

1. South Sudan -- $246

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