- Mali
Total GDP (in billions): $19.1
GDP Per Capita: $874
5 Year CAGR: 4.5%
Mali is a country located in West Africa. It is bordered by Algeria to the north, Niger to the east, Burkina Faso and Côte d’Ivoire to the south, Guinea to the southwest, and Senegal and Mauritania to the west. The capital city of Mali is Bamako. Mali needs to really work on improving its educational infrastructure which is extremely poor. The average daily wage in the country is $1.25 per day. Agriculture, including crops such as millet, rice, and maize, 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. Mali also has some mineral resources, including gold, phosphates, and limestone.
- Yemen
Total GDP (in billions): $21.6
GDP Per Capita: $702
5 Year CAGR: -4.2%
Yemen is a country located in the Middle East, on the southwestern tip of the Arabian Peninsula. It is bordered by Saudi Arabia to the north, Oman to the east, the Arabian Sea to the south, and the Gulf of Aden to the west. Yemen has experienced significant economic challenges in recent years due to ongoing conflict and political instability. The country has been embroiled in a civil war since 2015, which has severely damaged infrastructure, disrupted trade and agriculture, and led to widespread shortages of food, water, and other basic necessities. As a result, the country’s economy has contracted significantly, and the poverty rate has increased dramatically.
Yemen is home to one of the biggest malnutrition crises in the world right now, due to a lack of resources which makes it difficult to impossible for many in the country to afford even basic necessities. The International Monetary Fund (IMF) estimates that Yemen’s economy contracted by approximately 50% between 2014 and 2020, and that the poverty rate rose from 52% in 2014 to 78% in 2020. The IMF has also warned that the economic and humanitarian crisis in Yemen could deepen further unless a resolution to the conflict is reached.
- Comoros
Total GDP (in billions): $1.3
GDP Per Capita: $1,577
5 Year CAGR: 3.8%
The Comoros is a country located in the Indian Ocean, off the eastern coast of Africa. It is made up of four main islands and several smaller ones, and is situated between Mozambique and Madagascar. The capital city of the Comoros is Moroni. The economy of Comoros is dependent on agriculture and fishing, with a fast-increasing population and lack of infrastructure contributing to it being one of the poorest countries in the world.
- Togo
Total GDP (in billions): $8.4
GDP Per Capita: $973
5 Year CAGR: 5.6%
Togo is a country located in West Africa. It is bordered by Ghana to the west, Benin to the east, and Burkina Faso to the north. The capital city of Togo is Lomé. Agriculture, including crops such as cassava, maize, and yams, 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. Togo also has some mineral resources, including phosphates, limestone, and marble.
Togo has seen its development be impacted by political instability and external debts, but it has still posted a healthy CAGR over the previous five years. This growth has been supported by increased foreign investment, particularly in the mining and construction sectors, and by improved infrastructure.
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