The Poorest Countries in the World 2018

Guinea (GDP per Capita- $534)

Also known as the Republic of Guinea, this country is located in western parts of Africa. The population of the country is over 10 million. It is believed to be rich in natural resources but due to the economic instability of the region, investors find it too risky to invest here. Even the infrastructure development is poor and makes it vulnerable to growth. More than 75% of the population is engaged in agricultural activities still it is not sufficient to feed the people. To meet the food demands the country imports it from its Asian counterparts. Due to non-fulfillment of demands made by IMF, Guinea was rejected by the IMF. Excessive corruption and unsuccessful attempts to complete the current projects have hampered the growth of Guinea.