African and Middle Eastern countries remain world's poorest, IMF data shows
In 28 countries, people live on less than £750 per year
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Your support makes all the difference.African and Middle Eastern countries ravaged by war and famine remain the poorest in the world, according to data published by the International Monetary Fund.
Twice a year the IMF releases a huge dump of data about the economic power of the world's nations, with gross domestic product (GDP) per capita a key statistic.
The IMF ranks the world's countries according to purchasing power parity (PPP) per capita.
The PPP takes into account the relative cost of living and the inflation rates of the countries to compare living standards among the different nations.
Most of the countries populating the top of this ranking are under authoritarian regimes where corruption is rampant. This a big deterrent to foreign investors, even if some of those countries have huge amounts of natural resources.
We've included all the countries with a GDP per capita is below $1,000 per year.
28. Sudan -- GDP per capita: $992
27. Benin -- $966
26. Chad -- $919
25. Nepal -- $918
24. Mali -- $917
23. Guinea-Bissau -- $910
22. Ethiopia -- $909
21. Comoros -- $869
20. Tajikistan -- $848
19. Haiti -- $847
18. Rwanda -- $819
17. Guinea -- $816
16. Burkina Faso -- $750
15. Liberia -- $722
14. Uganda -- $711
13. Togo -- $698
12. Afghanistan -- $601
11. Niger -- $510
10. Sierra Leone -- $505
9. The Gambia -- $500
8. Madagascar -- $479
7. Democratic Republic of Congo -- $477
6. Mozambique -- $472
5. Yemen -- $449
4. Central African Republic -- $425
3. Malawi -- $342
2. Burundi -- $339
1. South Sudan -- $246
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Read the original article on Business Insider UK. © 2018. Follow Business Insider UK on Twitter.
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