What is the poorest country in the world 2016?
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Charlotte Robinson
Studied at the University of Lagos, Lives in Lagos, Nigeria.
As an expert in global economics and development, I can provide you with an informed response regarding the poorest country in the world in 2016. The term "poorest" can be measured in various ways, such as Gross Domestic Product (GDP) per capita, GDP (nominal), or GDP (PPP), as well as by the Human Development Index (HDI), which takes into account life expectancy, education, and income.
In 2016, according to the World Bank data, the country with the lowest GDP per capita was likely to be a nation in sub-Saharan Africa, as this region has been historically characterized by lower economic development. The World Bank's data often points to countries like Burundi, Liberia, or Madagascar as having very low GDP per capita figures.
However, it's important to note that GDP per capita does not necessarily reflect the overall well-being of a country's citizens, as it does not account for income inequality or the cost of living.
To answer your question more specifically, we would need to look at the most recent data from reliable sources such as the World Bank or the International Monetary Fund (IMF) for the year 2016. Unfortunately, I do not have real-time access to databases to provide the exact ranking for that year.
Nonetheless, it is generally acknowledged that the poorest countries face significant challenges such as political instability, lack of infrastructure, high levels of poverty, and limited access to education and healthcare.
In 2016, according to the World Bank data, the country with the lowest GDP per capita was likely to be a nation in sub-Saharan Africa, as this region has been historically characterized by lower economic development. The World Bank's data often points to countries like Burundi, Liberia, or Madagascar as having very low GDP per capita figures.
However, it's important to note that GDP per capita does not necessarily reflect the overall well-being of a country's citizens, as it does not account for income inequality or the cost of living.
To answer your question more specifically, we would need to look at the most recent data from reliable sources such as the World Bank or the International Monetary Fund (IMF) for the year 2016. Unfortunately, I do not have real-time access to databases to provide the exact ranking for that year.
Nonetheless, it is generally acknowledged that the poorest countries face significant challenges such as political instability, lack of infrastructure, high levels of poverty, and limited access to education and healthcare.
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Studied at the University of Zurich, Lives in Zurich, Switzerland.
To see just exactly how powerful this is, here are the Top 10 Poorest Countries in the World.5 �C Liberia (GDP per capita of $454.30) ... 4 �C Niger (GDP per capita of $415.40) ... 3 �C Central African Republic (GDP per capita of $333.20) ... 2 �C Burundi (GDP per capita of $267.10) ... 1 �C Malawi (GDP per capita of $226.50)More items...
2023-04-14 07:59:54
Benjamin Davis
QuesHub.com delivers expert answers and knowledge to you.
To see just exactly how powerful this is, here are the Top 10 Poorest Countries in the World.5 �C Liberia (GDP per capita of $454.30) ... 4 �C Niger (GDP per capita of $415.40) ... 3 �C Central African Republic (GDP per capita of $333.20) ... 2 �C Burundi (GDP per capita of $267.10) ... 1 �C Malawi (GDP per capita of $226.50)More items...