10 Countries With Highest Rates Of Poverty

1. South Sudan

Below $2.15 Poverty Rate: 76.4% 

Although South Sudan’s GDP has grown from $3 billion in 2018 to around $7 billion in 2023, a huge portion of the country’s population still lives in extreme poverty. Conflict, displacement, and external involvement are said to be the biggest causes of South Sudan’s feeble economy. Also, according to the World Bank, poverty in the country is primarily rural as the population lacks access to better work opportunities that can raise their buying power. 

Staying in the know about investment and finance news is the easiest with Insider Monkey. If you add your email address below, it will subscribe you to the Insider Monkey newsletter, and moving forward, you’ll get fresh insights right into your inbox. If you want more insights about the world’s poverty status, read our overviews on 20 Poorest Countries in Asia and 50 Poorest Countries in the World.