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5 Most Poorest Countries With High Economic Challenges In The World (Full List)

Some countries, grappling with economic challenges, are home to some of the world’s poorest people, where poverty remains a pressing issue.

Spotlighting the nations with the largest populations living in extreme poverty sheds light on the magnitude of the challenge and the need for sustainable economic reforms to change the narrative in the affected countries.

These figures, as per the latest report from the United Nations, illustrate the ongoing struggles faced by communities and emphasise the need for a closer examination of the factors contributing to poverty in different regions.

Here are the top 5 countries with the poorest people in the world:

1, INDIA

India has the largest number of people living in extreme poverty, with approximately 234 million individuals affected in a population of 1.4 billion. Despite some economic growth in recent years, a substantial portion of the population remains vulnerable.

Factors such as unemployment, inadequate access to healthcare, and educational disparities contribute to the persistence of poverty in both urban and rural areas.

2, PAKISTAN

Following India, Pakistan has about 93 million people living in extreme poverty. With a population of over 240 million, many Pakistanis face challenges such as inflation, limited access to education, and health services.

Political instability and economic hardships further exacerbate the situation, leaving many families struggling to meet their basic needs.

3, ETHIOPIA

Ethiopia is home to over 130 million people with almost 67 percent [83 million] of that population living in acute poverty.

Despite progress in recent years, including improvements in agricultural production and access to education, the country still grapples with food insecurity and the impacts of climate change.

Droughts and other environmental challenges can severely disrupt livelihoods, pushing vulnerable populations deeper into poverty.

4, NIGERIA

Nigeria, with approximately 74 million individuals in extreme poverty, is the most populous country in Africa.

Economic challenges, including high unemployment rates, and a crippling economy, contribute to widespread poverty.

Additionally, high levels of corruption, conflicts, terrorism, and widespread carnage in various regions hinder development efforts and disrupt access to essential services, leaving many without adequate support.

Democratic Republic of the Congo (DRC)
The Democratic Republic of the Congo has about 66 million people living in extreme poverty. Despite its vast natural resources, the DRC faces ongoing political instability, conflict, and corruption, which significantly impede economic growth and development.

Many Congolese lack access to basic services such as clean water, education, and healthcare, perpetuating the cycle of poverty. Full Details

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