Europe is not all about high class living, fast cars and beautiful faces and here is a list of 11 Most Underdeveloped Countries in Europe by Per Capita GDP that might add a great deal to your information about this continent.
Europe is considered as one of the richest when it comes to continents. Most of the people living in Europe have a higher standard of living as oppose to continents like Africa or Asia. Some of the most developed countries in the world are in Europe. Famous countries like Switzerland, Norway, Denmark and Luxembourg are in the same continent. These along with many other European countries are also extremely popular for tourism and are ranked amongst the most liberal countries in the world but not all that glitters is gold. There are some countries in Europe that are struggling in terms of economic growth. It is certainly hard to believe but just like any other continent in the world poor countries exist in Europe as well. We have made a list of 11 countries that are amongst the poorest in Europe but before we get into the complete list we are sure that you would also like to read our list of 10 Most Underdeveloped Countries in the World.
Moldova is the poorest in Europe with Per Capita GDP of only $3,800 (Estimates of 2014). The country is entirely dependent on its export of agriculture goods, which is why most of the people in the country are employed in the agricultural sector. The residents of this country do not enjoy the same standard of living as many others in Europe. Thus, the country stands at the top of the table of the poorest nations in Europe. It’s time to tell you about other countries which makes up the negative side of this great continent.
11. Romania
Despite the fact that Romania is attracting a lot of students towards its universities, the country still stays behind in the race of economic growth in Europe. The last recorded Per Capita GDP was as low as $18,365.
10. Slovakia
With the population of over 5 million, the country of castles, Slovakia takes the 10th spot in our list, with its Per Capita GDP of $16, 138.
9. Bulgaria
Bulgaria is home to 7.265 million people and although it is one of the naturally beautiful countries in the world it is still considered as one of the poorest nations in Europe with per Capita GDP of only$ 16,041.
8. Montenegro
An underrated country when it comes to scenic places, Montenegro is nothing less than a heaven on earth with some jaw-dropping sceneries for tourists. Having said that the country’s Per Capita GDP is $11,900 only, and this puts it on number 8 amongst the poorest European countries.
7. Serbia
Located right in the middle of Romania and Bosnia and Herzegovina, Serbia is a country of 7.164 million people. Despite scenic places and amazing nightlife the country is still struggling to keep up with the best of economies in Europe. With Per Capita GDP of only $ 11,100 the country takes the 7th spot.
6. Albania
Albania is a small country with some of the most fantastic beaches, resorts and splendid nightlife. The country’s population is 2.774 million with Per Capita GDP of $ 10,700 only.
5. Macedonia
Undoubtedly Macedonia is one of the best places you can be in if you enjoy rich history and culture. The country’s capital Skopje is pretty famous for its museums and old buildings. However, it stands no way near the economic giants of Europe. With per Capita GDP of almost $ 10,600, the country stands at number five in our list of 11 Most Underdeveloped Countries in Europe.
4. Bosnia and Herzegovina
If you love sports like mountain biking, hiking skiing or white-water rafting, then there is no better place to go in Europe than Bosnia and Herzegovina. The country is blessed with natural beauty and is one of the best places to visit in Europe. However, it’s Per Capita GDP of $ 8,300 tells the story of the country’s financial state.
3. Ukraine
Ukraine is home to 45.49 million people and located in the east of Europe. Just like Romania, Ukraine has also attracted a lot of foreign students in their universities lately. The country, however, has failed to make any substantial financial progress as its Per Capita GDP has just revolved around the $ 7,500 figure.
2. Kosovo
A country of only 1.824 million people, Kosovo has not been able to make any sort of major economic impact in Europe so far. With per Capita GDP of just over $ 7,400, the country stands at number 2 in the rankings.
1. Moldova
With Per Capita GDP of only $ 3,800, as mentioned above, Moldova takes the first spot in our list of 11 Most Underdeveloped Countries in Europe.
