- Kiribati
Total GDP (in billions): $0.2
GDP Per Capita: $1,606
5 Year CAGR: 1.9%
Kiribati is a small island nation located in the Pacific Ocean. It is made up of 33 coral atolls and islets, and is located about halfway between Australia and Hawaii. Kiribati is known for its pristine beaches, clear blue waters, and unique cultural traditions.
Kiribati is also known for its vulnerability to the impacts of climate change, particularly sea level rise. The country’s low-lying islands are at risk of being inundated by rising seas, which could lead to the displacement of its population and the loss of critical infrastructure. Kiribati has been at the forefront of efforts to address climate change and advocate for the rights of small island developing states.
Kiribati’s imports are more than double the level of its exports, which is not a sustainable for a country if it wants to develop in the long term.
- Chad
Total GDP (in billions): $11.8
GDP Per Capita: $686
5 Year CAGR: 3.3%
Chad is a landlocked country located in Central Africa. Chad is known for its vast oil reserves, which have been a significant source of revenue for the country in recent years. However, Chad has also faced a number of challenges, including political instability, conflict, and a lack of infrastructure. Internal conflict and high levels of corruption has ensured that more than two-thirds of the population living below the poverty line, and has been working to address challenges such as food insecurity, limited access to education and healthcare, and inadequate infrastructure.
- Mozambique
Total GDP (in billions): $15.8
GDP Per Capita: $492
5 Year CAGR: 3.6%
Mozambique is a country located in Southeast Africa. It is known for its long coastline, which stretches along the Indian Ocean, and its diverse landscape, which includes a number of national parks and wildlife reserves. Mozambique is also home to a number of ethnic groups and languages, and has a rich cultural heritage.
Mozambique is known for its natural resources, including coal, natural gas, and hydroelectric power, which have been a significant source of revenue for the country in recent years. However, Mozambique has also faced a number of challenges, including political instability, conflict, and a lack of infrastructure. The country has a high poverty rate, with more than two-thirds of the country have to live in poverty and even in Sub-Sahara Africa, it is one of the poorest nations.
- Malawi
Total GDP (in billions): $12.6
GDP Per Capita: $635
5 Year CAGR: 7.1%
Malawi is a low-income, developing country with a largely agrarian economy. Agriculture, including crops such as maize, tobacco, and legumes, as well as livestock and forestry, accounts for a significant share of the country’s Gross Domestic Product (GDP) and employs a large proportion of the labor force. Malawi also has some mineral resources, including limestone and uranium. Malawi has one of the highest CAGRs among the poorest countries in the world, which it needs to maintain to sustain its high population growth.
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