Zimbabwe among the 50 poorest countries in the world but you will be surprised at which countries it is better than

42. Nicaragua

Total GDP (in billions): $14

GDP Per Capita: $2,046

5 Year CAGR: 0.3%

Nicaragua is the second poorest country in the Western hemisphere and relies on the US for two thirds of its exports. Nicaragua is a significant exporter of coffee to the United States, with the country exporting a variety of coffee including specialty coffee, organic coffee, and fair trade coffee (see 12 countries that produce the best coffee). Nicaragua also exports a wide range of fresh and frozen fruits and vegetables to the United States, including bananas, pineapples, avocados, and beans. Political instability, conflicts and inequality between urban and rural areas have all contributed to poverty in Nicaragua.

41. Myanmar

Total GDP (in billions): $65.1

GDP Per Capita: $1,210

5 Year CAGR: 1.2%

Myanmar (also known as Burma) is a country in Southeast Asia. Myanmar is one of the poorest countries in the world and the ethnic cleansing of Rohingya Muslims followed by a coup by one of the most brutal armies in the world means that there is very little likelihood that things will improve in the near future. Myanmar’s main exports are petroleum gas, rice, textiles, and refined copper. China is Myanmar’s main trading partner.

40. Ethiopia

Total GDP (in billions): $111.3

GDP Per Capita: $925

5 Year CAGR: 6.4%

Ethiopia is a landlocked country in East Africa with a large and underdeveloped economy. Ethiopia is one of the countries where colonization has been a major contributor to the place where it finds itself right now. Agriculture is a significant contributor to the economy of Ethiopia, with crops such as coffee, teff, and oilseeds being important exports.

39. Cabo Verde

Total GDP (in billions): $1.9

GDP Per Capita: $3,293

5 Year CAGR: 1.8%

Cabo Verde (also known as Cape Verde) is a small, island nation in the Atlantic Ocean with a small and underdeveloped economy. Since 1990, Cabo Verde has experienced significant economic growth, largely due to the rapid expansion of tourism, which accounts for 25% of the country’s GDP. Tourism is an increasingly important sector of the economy in Cabo Verde, with the country’s stunning beaches, cultural attractions, and rich history attracting visitors from around the world.

38. Cambodia

Total GDP (in billions): $27

GDP Per Capita: $1,625

5 Year CAGR: 4.0%

Cambodia is a country in Southeast Asia. Cambodia’s economy has grown at an average annual rate of 7.7% between 1998 and 2019, making it one of the fastest-growing economies in the world. This growth has been driven by exports of garments and an increase in tourism. 18% of Cambodians live below the poverty line.

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