Madagascar – $1,505 per capita per year
The fourth largest island in the world has essentially low levels of economic activity.
Eritrea – $1,410 per capita per year
Even though Eritrea has seen a degree of growth in its economy in recent years, the small country still ranks among the list of the world’s poorest countries.
The 80% of the population of Eritrea works in agriculture, while large percent of its GDP consists of remittance.
Guinea – $1,265 per capita per year
Guinea is located on Africa’s west coast and is a country very rich of natural resources. Although, Guinea’s low per capita GDP of $1,265 USD per year is mostly a result of poor management, corruption, and lack of safe infrastructure.
Mozambique – $1,215 per capita per year
Located in southern Africa, Mozambique has a per capita annual GDP of just $1,215.
Malawi – $1,134 per capita per year
Located on the south-eastern edge of Africa, Malawi is a landlocked country.
Niger – $1,107 per capita per year
Even though the largest country in West Africa, Niger is mostly covered by the Sahara Desert, which limits the economic activities.
Liberia – $855 per capita per year
The economy of Liberia has depended heavily on foreign aid, while was also ravaged by the Ebola epidemic. With the employment rate to be as low as 15%,
Burundi – $814 per capita per year
The landlocked African country has a history of strife and coupes that have consistently impeded its long-term prospects for development.
Democratic Republic of the Congo – $773 per capita per year
The DRC has probably the most dysfunctional economic system in the world. It features rich natural resources, including diamonds and precious stones
Central African Republic – $652 per capita per year
The economy of the landlocked African country mainly dependent on the export of diamonds, which consists of the country’s about 40-55% export revenues.