5 Poorest Countries in Europe

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In this article, we discuss the 5 poorest countries in Europe. If you want to see more of the poorest countries in this region, check out 20 Poorest Countries in Europe

5. Bosnia and Herzegovina

GDP per Adult in 2021: $8,453

Bosnia and Herzegovina, commonly known as Bosnia, is a nation located in Southeastern Europe within the Balkans region. The capital and largest city of the country is Sarajevo. It is classified as a developing country, with its economy predominantly influenced by the industrial and agriculture sectors. Bosnia holds memberships in various international organizations, including the United Nations, the Organization for Security and Co-operation in Europe, and the Council of Europe. The Bosnian War inflicted substantial material damages on the country’s economy, amounting to billions of dollars. As a result, Bosnia faces the dual challenge of rebuilding a war-torn nation and implementing transitional liberal market reforms to transform its priorly mixed economy. In 2021, the GDP per adult in Bosnia and Herzegovina amounted to $8,453, positioning it as one of the poorest countries in Europe.

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