5 Eritrea
Eritrea may have gold and copper to mine, but 80 percent of its citizens
farm and fewer than seven out of 10 can read and write. In this land that
borders Sudan and Ethiopia along the Red Sea, farmers struggle with repeated
droughts and a lack of labor caused by the government's strict military draft.
Eritrea's poverty is evidenced by its per capita GDP of $777.
4 Burundi
Twice as many people live in Burundi as in the state of Maryland, although
the two are similar in size. Nine out of 10 Burundians rely on farming to
survive. Droughts and commodity prices affect their income from major crops
such as tea and coffee, one reason why the country's per capita PPP gross
national product of $640 makes it the world's fourth poorest. Less than 2
percent of the population has electricity in this rural society.
3 Zimbabwe
Landlocked Zimbabwe's $516 per capita PPP gross national product makes it
the third least affluent nation. This African country, rich in natural
resources, underwent a turbulent decade that included war and ineffective
economic policies. Primarily an agrarian economy, Zimbabwe experiences frequent
droughts, which play havoc with its ability to meet its own food needs and
produce cash crops such as grain and tobacco. Mining copper, gold, coal and diamonds
offers potential for job creation and economic expansion
2 Liberia
Nearly two-thirds of Liberians live on less than $1 a day. This
civil-war-ridden country, about the size of Tennessee, has a per capita GDP of
$490. Located along the Atlantic coast of Africa, Liberia has an ideal climate
for agriculture—its primary industry—and rice, its number one crop. Timber
harvesting and diamond mining represent prime opportunities for Liberia to
capitalize on its natural resources.
1 Democratic Republic of Congo
Despite achieving a decade of economic growth, the Democratic Republic of
Congo, formerly Zaire, ranked dead last in GDP per capital in 2011, according
to "Global Finance" magazine. Congo's economy generates $364 per
person. This African nation, the 19th most populous in the world, sits on vast
deposits of gold, coltan and other natural resources. Corruption within its
mining industry has pushed away foreign buyers and shackled employment
prospects.
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