Ranked: The 20 poorest countries in the world

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The world’s 20 poorest countries according to the Global Finance Magazine.

Published in February 2017 and based on data from the International Monetary Fund, the ranking is once again dominated by African countries.

 

The magazine ranked the world's countries according to their gross domestic product (GDP) based on 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.

Even if some of those countries have huge amounts of natural resources, the corruption is destroying their wealth.

Take a look at the full list:

 

20. Rwanda — GDP per capita: $1,905

 

 

19. Kiribati — GDP per capita: $1,820

 

 

18. Burkina Faso — GDP per capita: $1,790

 

 

17. Haiti — GDP per capita: $1,784

 

 

16. South Sudan — $1,670

 

 

15. The Gambia — GDP per capita: $1,664

 

 

14. Sierra Leone — GDP per capita: $1,651

 

 

13. Guinea-Bissau — GDP per capita: $1,568

 

 

12. Togo — GDP per capita: $1,545

 

 

11. Comoros — GDP per capita: $1,529

 

 

10. Madagascar — GDP per capita: $1,504

 

 

9. Eritrea — GDP per capita: $1,321

 

 

8. Guinea — GDP per capita: $1,271

 

 

7. Mozambique — GDP per capita: $1,228

 

 

6. Malawi — GDP per capita: $1,139

 

 

5. Niger — GDP per capita: $1,113

 

 

4. Liberia — GDP per capita: $882

 

 

3. Burundi — GDP per capita: $818

 

 

2. Democratic Republic of Congo — GDP per capita: $784

 

 

1. Central African Republic — GDP per capita: $656