Poorest Countries In The World 2020

The poorest countries in the world might not be as obvious as you may have assumed. However, if you figured that every country that is listed as one of the poorest countries in the world is also a third world country, or a nation with a public debt problem, then you are not that far from the truth. While there are instances in which the two overlap, it is not fair to automatically assume that all of the poorest countries in the world are also underdeveloped. This is mostly due to the negative connotations associated with countries classified as third world nations.

According to the news outlet, USA Today, the top twenty-five poorest countries in the world are...

  1. Liberia (GNI per capita: $710)
  2. The Central African Republic (GNI per capita: $730)
  3. Burundi (GNI per capita: $770)
  4. The Democratic Republic of the Congo (GNI per capita: $870)
  5. Niger (GNI per capita: $990)
  6. Malawi (GNI per capita: $1,180)
  7. Mozambique (GNI per capita: $1,200)
  8. Sierra Leone (GNI per capita: $1,480)
  9. Madagascar (GNI per capita: $1,510)
  10. Comoros (GNI per capita: $1,570)

The only country that did not make it onto both lists is the African country of Zimbabwe. All the other twenty-four poorest countries are also third world countries, which goes to show that the two characteristics do have some common ground between them. If you think about it, money is not everything, but it does allow for a basic level of upkeep. As unfortunate as it is, everything in the world needs money to uphold a certain level of care and maintenance.

Money is not solely for elaborate funding or exuberance. The hardest part about a world that revolves around money is that it becomes a necessity, to the point where countries cannot sustain a permanent state of cleanliness, invest in industries that could help the country flourish, or develop specific attributes that would elevate a developing country to a place of prosperity. It takes an awful lot of time, energy, and money to raise a country from the ground up, and without a national budget that is reasonable, countries fall short of funding.

The physical location of a country also has a lot to do with the wealth -- as well as the lack thereof -- of a country. The reason for this pulls the aspect of underdeveloped governments, systems, and infrastructures in a country into play. See, the financial status of a country has nearly everything to do with a nation’s GDP or gross domestic product. This is a value that correlates to the monetary value of a country’s goods, services, and products over the course of a year.

So the GDP of every country is calculated annually, and it is very similar to credit scores in a sense, albeit on a much larger scale. Still, the GDP of the nation has the potential to severely mess with a country’s future, as does a poor credit score for people like you and me. The gross domestic product of a country is such a substantial influential factor, and a weak GDP can do quite a load of damage to a country’s economy. When a country has a low GDP value, other nations do not revere the low-ranking country as worth doing business with at any level.

This has been the cause of great division between countries because it starts to create a sort of divide between countries with impressively high GDP values and countries with GDP values that are everything but admirable. It is rather unfortunate, mainly because this outlook makes it that much harder for countries with low GDP values to make a comeback. If you have ever experienced the downward spiral of credit card debt and lower-than-preferred credit scores, then the GDP might register with you on a level that is easier to understand from that perspective.

Here are the twenty-five poorest countries in the world, alongside their most recent gross domestic product values. There are technically three different GDP values for each country, and the reason for this is that three separate organizations release lists that rank countries by GDP values based on their own calculations. These organizations are as follows:

  • The International Monetary Fund
  • The United Nations
  • The World Bank

Though the exact values differ, the discrepancies are minimal enough to ignore. The GDP values you see below are the values reported by the International Money Fund.

Rank Country 2019 Population GDP (IMF '19) GDP (UN '16) Per Capita
1Tanzania59,734,218$61.03 billion--
2Taiwan23,816,775$601.43 billion--
3Tuvalu11,792$49.00 million$36.70 million$3,112
4Montserrat4,992-$62.05 million$12,430
5Nauru10,824$114.00 million$103.47 million$9,559
6Kiribati119,449$187.00 million$173.66 million$1,454
7Marshall Islands59,190$220.00 million$183.00 million$3,092
8Cook Islands17,564-$290.19 million$16,522
9Palau18,094$310.00 million$310.25 million$17,146
10Micronesia115,023$383.00 million$329.90 million$2,868
11Anguilla15,003-$337.52 million$22,497
12Sao Tome and Principe219,159$477.00 million$342.78 million$1,564
13Tonga105,695$493.00 million$401.46 million$3,798
14Dominica71,986$542.00 million$581.48 million$8,078
15Saint Vincent and the Grenadines110,940$864.00 million$765.32 million$6,898
16Samoa198,414$902.00 million$822.23 million$4,144
17Vanuatu307,145$942.00 million$837.52 million$2,727
18Saint Kitts and Nevis53,199$1.06 billion$909.85 million$17,103
19Turks and Caicos Islands38,717-$917.55 million$23,699
20British Virgin Islands30,231-$971.24 million$32,127
21Gambia2,416,668$1.74 billion$985.83 million$408
22Grenada112,523$1.27 billion$1.02 billion$9,031
23Sint Maarten42,876-$1.07 billion$25,004
24Guinea-Bissau1,968,001$1.54 billion$1.12 billion$570
25Solomon Islands686,884$1.51 billion$1.13 billion$1,651
26Comoros869,601$726.00 million$1.15 billion$1,322
27Somalia15,893,222$7.90 billion$1.32 billion$83
28Saint Lucia183,627$1.97 billion$1.40 billion$7,608
29Seychelles98,347$1.65 billion$1.43 billion$14,579
30Antigua and Barbuda97,929$1.72 billion$1.46 billion$14,910
31San Marino33,931$1.62 billion$1.59 billion$46,882
32Cape Verde555,987$2.04 billion$1.64 billion$2,948
33Belize397,628$2.00 billion$1.74 billion$4,379
34Central African Republic4,829,767$2.29 billion$1.81 billion$375
35Djibouti988,000$2.39 billion$1.89 billion$1,914
36Bhutan771,608$2.84 billion$2.21 billion$2,868
37Lesotho2,142,249$2.81 billion$2.24 billion$1,046
38Greenland56,770-$2.28 billion$40,214
39Aruba106,766$2.88 billion$2.67 billion$24,980
40East Timor1,318,445$3.15 billion$2.70 billion$2,050
41Liberia5,057,681$3.22 billion$2.76 billion$545
42Andorra77,265-$2.86 billion$36,995
43Burundi11,890,784$3.57 billion$2.87 billion$242
44Curaçao164,093-$3.12 billion$19,022
45Suriname586,632$3.68 billion$3.28 billion$5,589
46Guyana786,552$3.83 billion$3.44 billion$4,369
47Sierra Leone7,976,983$4.00 billion$3.67 billion$461
48Cayman Islands65,722-$3.84 billion$58,490
49Eswatini1,160,164$4.66 billion$4.01 billion$3,454
50Maldives540,544$5.75 billion$4.22 billion$7,815
51Montenegro628,066$5.44 billion$4.37 billion$6,964
52Togo8,278,724$5.59 billion$4.45 billion$537
53Barbados287,375$5.21 billion$4.55 billion$15,843
54Mauritania4,649,658$5.57 billion$4.67 billion$1,004
55Fiji896,445$5.32 billion$4.67 billion$5,211
56Malawi19,129,952$7.44 billion$5.32 billion$278
57Eritrea3,546,421$7.72 billion$5.41 billion$1,527
58French Polynesia280,908-$5.42 billion$19,287
59Bermuda62,278-$6.13 billion$98,387
60Liechtenstein38,128-$6.19 billion$162,444
61Monaco39,242-$6.47 billion$164,823
62South Sudan11,193,725$3.15 billion$6.53 billion$584
63Kyrgyzstan6,524,195$8.33 billion$6.55 billion$1,004
64Moldova4,033,963$12.04 billion$6.77 billion$1,679
65Tajikistan9,537,645$7.70 billion$6.95 billion$729
66Niger24,206,644$9.72 billion$7.53 billion$311
67Haiti11,402,528$9.60 billion$7.65 billion$671
68Republic of the Congo5,518,087$11.16 billion$7.78 billion$1,410
69Rwanda12,952,218$10.21 billion$8.47 billion$654
70Guinea13,132,795$12.62 billion$8.48 billion$645
71Benin12,123,200$11.18 billion$8.89 billion$734
72New Caledonia285,498-$9.45 billion$33,085
73Armenia2,963,243$13.11 billion$10.57 billion$3,568
74Equatorial Guinea1,402,985$12.43 billion$10.68 billion$7,611
75North Macedonia2,083,374$12.88 billion$10.75 billion$5,158
76Mozambique31,255,435$15.37 billion$10.93 billion$350
77Namibia2,540,905$13.96 billion$10.95 billion$4,308
78Malta441,543$15.13 billion$11.00 billion$24,909
79Mongolia3,278,290$13.70 billion$11.16 billion$3,404
80Madagascar27,691,018$12.73 billion$11.22 billion$405
81Bahamas393,244$13.26 billion$11.26 billion$28,638
82Chad16,425,864$11.37 billion$11.27 billion$686
83Brunei437,479$13.32 billion$11.40 billion$26,059
84Burkina Faso20,903,273$14.88 billion$11.70 billion$559
85Albania2,877,797$15.96 billion$11.86 billion$4,123
86Mauritius1,271,768$14.81 billion$12.22 billion$9,606
87Nicaragua6,624,554$12.61 billion$13.23 billion$1,997
88Palestine5,101,414-$13.40 billion$2,626
89Gabon2,225,734$16.71 billion$13.86 billion$6,229
90Mali20,250,833$17.83 billion$14.00 billion$691
91Jamaica2,961,167$16.15 billion$14.06 billion$4,747
92Georgia3,989,167$17.21 billion$14.33 billion$3,593
93Senegal16,743,927$25.32 billion$14.60 billion$872
94Botswana2,351,627$19.65 billion$15.57 billion$6,619
95Laos7,275,560$20.15 billion$15.81 billion$2,172
96Zimbabwe14,862,924$22.29 billion$16.12 billion$1,085
97North Korea25,778,816-$16.79 billion$651
98Bosnia and Herzegovina3,280,819$20.15 billion$16.91 billion$5,154
99Papua New Guinea8,947,024$21.45 billion$19.69 billion$2,201
100Cambodia16,718,965$26.98 billion$20.02 billion$1,197
101Cyprus1,207,359$24.64 billion$20.05 billion$16,603
102Afghanistan38,928,346$19.99 billion$20.24 billion$520
103Iceland341,243$24.54 billion$20.27 billion$59,399
104Nepal29,136,808$28.92 billion$20.91 billion$718
105Zambia18,383,955$24.61 billion$21.06 billion$1,146
106Honduras9,904,607$24.65 billion$21.52 billion$2,172
107Syria17,500,658-$22.16 billion$1,266
108Estonia1,326,535$31.03 billion$23.34 billion$17,593
109Trinidad and Tobago1,399,488$22.44 billion$24.09 billion$17,211
110Uganda45,741,007$30.37 billion$25.31 billion$553
111Yemen29,825,964$29.08 billion$25.37 billion$851
112El Salvador6,486,205$26.99 billion$26.80 billion$4,131
113Paraguay7,132,538$42.35 billion$27.17 billion$3,809
114Latvia1,886,198$35.72 billion$27.57 billion$14,618
115Bahrain1,701,575$38.95 billion$32.18 billion$18,911
116Cameroon26,545,863$39.22 billion$32.22 billion$1,214
117Bolivia11,673,021$43.69 billion$33.81 billion$2,896
118Turkmenistan6,031,200$50.35 billion$36.18 billion$5,999
119Ivory Coast26,378,274$45.25 billion$36.77 billion$1,394
120Azerbaijan10,139,177$45.25 billion$37.85 billion$3,733
121Serbia8,737,371$52.42 billion$38.30 billion$4,383
122Jordan10,203,134$44.26 billion$38.65 billion$3,789
123DR Congo89,561,403$48.46 billion$40.34 billion$450
124Tunisia11,818,619$36.20 billion$41.70 billion$3,529
125Lithuania2,722,289$54.24 billion$42.77 billion$15,712
126Ghana31,072,940$68.26 billion$42.79 billion$1,377
127Libya6,871,292$44.96 billion$42.96 billion$6,252
128Slovenia2,078,938$55.09 billion$44.71 billion$21,505
129Macau649,335$58.05 billion$45.31 billion$69,781
130Belarus9,449,323$60.95 billion$47.41 billion$5,017
131Lebanon6,825,445$58.28 billion$50.46 billion$7,393
132Croatia4,105,267$61.25 billion$51.23 billion$12,479
133Uruguay3,473,730$60.23 billion$52.42 billion$15,090
134Bulgaria6,948,445$67.04 billion$53.24 billion$7,662
135Panama4,314,767$70.16 billion$55.19 billion$12,790
136Costa Rica5,094,118$60.46 billion$57.44 billion$11,275
137Luxembourg625,978$69.63 billion$58.63 billion$93,664
138Oman5,106,626$79.46 billion$63.17 billion$12,370
139Myanmar54,409,800$65.67 billion$65.70 billion$1,207
140Uzbekistan33,469,203$49.20 billion$67.78 billion$2,025
141Guatemala17,915,568$82.33 billion$68.76 billion$3,838
142Ethiopia114,963,588$90.97 billion$70.31 billion$612
143Kenya53,771,296$99.25 billion$70.53 billion$1,312
144Dominican Republic10,847,910$84.84 billion$71.58 billion$6,599
145Sri Lanka21,413,249$84.16 billion$81.32 billion$3,798
146Sudan43,849,260-$82.89 billion$1,890
147Cuba11,326,616-$89.69 billion$7,918
148Slovakia5,459,642$109.86 billion$89.77 billion$16,442
149Ukraine43,733,762$134.89 billion$93.27 billion$2,133
150Ecuador17,643,054$106.29 billion$98.01 billion$5,555
151Morocco36,910,560$121.35 billion$103.61 billion$2,807
152Puerto Rico2,860,853$103.51 billion$105.03 billion$36,714
153Angola32,866,272$92.19 billion$106.92 billion$3,253
154Kuwait4,270,571$136.94 billion$110.35 billion$25,839
155Hungary9,660,351$168.78 billion$125.82 billion$13,024
156Kazakhstan18,776,707$164.21 billion$135.01 billion$7,190
157Qatar2,881,053$193.50 billion$152.45 billion$52,915
158Algeria43,851,044$183.69 billion$159.05 billion$3,627
159Iraq40,222,493$225.26 billion$160.02 billion$3,978
160Romania19,237,691$244.16 billion$186.69 billion$9,704
161New Zealand4,822,233$210.47 billion$187.52 billion$38,886
162Peru32,971,854$232.08 billion$192.21 billion$5,830
163Greece10,423,054$219.75 billion$192.69 billion$18,487
164Czech Republic10,708,981$246.16 billion$195.31 billion$18,238
165Portugal10,196,709$239.47 billion$204.84 billion$20,089
166Vietnam97,338,579$260.30 billion$205.28 billion$2,109
167Bangladesh164,689,383$314.66 billion$220.84 billion$1,341
168Finland5,540,720$276.57 billion$238.50 billion$43,045
169Chile19,116,201$295.61 billion$247.05 billion$12,923
170Egypt102,334,404$299.59 billion$270.14 billion$2,640
171Colombia50,882,891$336.60 billion$282.46 billion$5,551
172Pakistan220,892,340$278.02 billion$282.51 billion$1,279
173Venezuela28,435,940$76.46 billion$291.38 billion$10,247
174South Africa59,308,690$371.30 billion$295.44 billion$4,981
175Malaysia32,365,999$373.45 billion$296.53 billion$9,162
176Singapore5,850,342$372.81 billion$296.95 billion$50,757
177Ireland4,937,786$381.57 billion$304.82 billion$61,732
178Philippines109,581,078$356.68 billion$304.91 billion$2,782
179Denmark5,792,202$349.52 billion$306.90 billion$52,985
180Israel8,655,535$381.57 billion$317.75 billion$36,710
181Hong Kong7,496,981$381.72 billion$320.91 billion$42,806
182United Arab Emirates9,890,402$427.88 billion$348.74 billion$35,261
183Norway5,421,241$427.04 billion$371.07 billion$68,447
184Austria9,006,398$459.59 billion$390.80 billion$43,391
185Nigeria206,139,589$444.92 billion$404.65 billion$1,963
186Thailand69,799,978$516.66 billion$407.03 billion$5,831
187Iran83,992,949$484.66 billion$425.40 billion$5,065
188Belgium11,589,623$531.81 billion$467.96 billion$40,377
189Poland37,846,611$593.29 billion$471.40 billion$12,456
190Sweden10,099,265$547.12 billion$514.48 billion$50,942
191Argentina45,195,774$477.74 billion$545.87 billion$12,078
192Saudi Arabia34,813,871$762.26 billion$639.62 billion$18,372
193Switzerland8,654,622$707.57 billion$668.85 billion$77,283
194Netherlands17,134,872$914.00 billion$777.23 billion$45,359
195Turkey84,339,067$706.24 billion$863.71 billion$10,241
196Indonesia273,523,615$1.10 trillion$932.26 billion$3,408
197Mexico128,932,753$1.24 trillion$1.08 trillion$8,353
198Spain46,754,778$1.43 trillion$1.24 trillion$26,463
199Russia145,934,462$1.61 trillion$1.25 trillion$8,538
200Australia25,499,884$1.42 trillion$1.30 trillion$51,156
201South Korea51,269,185$1.66 trillion$1.41 trillion$27,526
202Canada37,742,154$1.74 trillion$1.53 trillion$40,532
203Brazil212,559,417$1.96 trillion$1.80 trillion$8,449
204Italy60,461,826$2.03 trillion$1.86 trillion$30,745
205India1,380,004,385$2.97 trillion$2.26 trillion$1,637
206France65,273,511$2.76 trillion$2.47 trillion$37,771
207United Kingdom67,886,011$2.83 trillion$2.65 trillion$39,005
208Germany83,783,942$3.96 trillion$3.48 trillion$41,509
209Japan126,476,461$5.18 trillion$4.94 trillion$39,029
210China1,439,323,776$14.22 trillion$11.22 trillion$7,794
211United States331,002,651$21.34 trillion$18.62 trillion$56,267