Mapped: The 25 Poorest Countries in the World - Visual Capitalist
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Mapped: The 25 Poorest Countries in the World

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poorest countries by GDP per capita

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The Briefing

  • The poorest country in the world is Burundi with a GDP per capita of $264
  • Nearly all of the world’s poorest countries are in Africa, though Haiti, Tajikistan, Yemen, and Afghanistan are notable exceptions

Mapped: The 25 Poorest Countries in the World

Having looked at the richest countries in the world, which nations are at the bottom of the list in terms of GDP per capita, in nominal terms?

This map looks at the world’s 25 poorest countries by this metric.

Country GDP per capita (USD)
🇧🇮 Burundi$263.67
🇸🇸 South Sudan$303.15
🇲🇼 Malawi$399.10
🇲🇿 Mozambique$455.01
🇨🇩 Democratic Republic of the Congo (DRC)$456.89
🇨🇫 Central African Republic$480.50
🇦🇫 Afghanistan$499.44
🇲🇬 Madagascar$514.85
🇸🇱 Sierra Leone$518.47
🇳🇪 Niger$535.83
🇪🇷 Eritrea$585.16
🇹🇩 Chad$639.85
🇾🇪 Yemen$645.13
🇱🇷 Liberia$653.60
🇹🇬 Togo$690.28
🇭🇹 Haiti$732.07
🇸🇩 Sudan$734.60
🇬🇲 The Gambia$746.33
🇬🇼 Guinea-Bissau$766.75
🇧🇫 Burkina Faso$768.83
🇷🇼 Rwanda$823.40
🇹🇯 Tajikistan$833.55
🇲🇱 Mali$899.22
🇺🇬 Uganda$915.35
🇿🇼 Zimbabwe$921.85

All but four of these countries are located on the African continent.

Additionally, all of the 25 poorest countries, with the exception of Zimbabwe and Tajikistan, are considered Least Developed Countries (LDCs) by the UN. LDCs are categorized by criteria based on per capita income, human assets (such as education level), and economic vulnerability. Today, more than 75% of the population in LDCs live below the poverty line.

For added perspective, the average GDP per capita of all developing economies and emerging markets globally is $5,172.

Emerging Markets

Developing countries, while having much smaller economies, have one thing that the richest countries don’t have: immense room for economic growth.

Most of the poorest countries’ strongest industries are agriculture, mining, manufacturing, and so on, and the world is heavily reliant on the flow of raw materials and resources coming from developing nations.

Focusing on the African countries listed, the economic potential is significant. Africa’s infrastructure is currently improving at a rapid rate, opening the door for foreign direct investment and increased capacity for industrialization. In large part, this progress is thanks to China’s Belt and Road initiative and investment in multiple African countries.

Another signal of Africa’s potential is the extremely large share of young people on the continent. Here’s a look at the five countries in the world with the highest shares of their population aged younger than 15, all of which are in Africa:

  • 🇳🇪 Niger: 49.8%
  • 🇲🇱 Mali: 47.3%
  • 🇹🇩 Chad: 46.8%
  • 🇦🇴 Angola: 46.6%
  • 🇺🇬 Uganda: 46.5%

In Niger, an astounding near half of the population is under the age of 15 years old. This could translate into a large future workforce, a growing domestic market, and potential for innovation and economic progress.

Overall, while today the poorest countries still have extremely low standards of living, the economic potential is there for future growth.

Where does this data come from?

Source: IMF
Details: GDP per capita is measured in $USD, 2020.

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Datastream

Charting the Continued Rise of Remote Jobs

Remote job postings are up nearly across the board, but a few key industries are have seen a significant shift over the last year.

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which industries are embracing remote work

The Briefing

  • Four industries saw massive growth in the proportion of remote-friendly job postings
  • Nearly one-third of new software and IT service jobs are listed as remote / work-from-home

Charting the Continued Rise of Remote Jobs

When the pandemic first took hold in 2020, and many workplaces around the world closed their doors, a grand experiment in work-from-home began.

Today, well over a year after the first lockdown measures were put in place, there are still lingering questions about whether remote work would now become a commonplace option, or whether things would generally return to the status quo in offices around the world.

New data from LinkedIn’s Workforce Report shows that remote work may be here to stay, and could even become the norm in a few key industries.

Broadly speaking, 12% of all Canadian paid job postings on LinkedIn offered remote work in September 2021. Prior to the pandemic, that number sat at just 1.3%.

While this data was specific to Canada, the country’s similarity to the U.S. means that these trends are likely being seen across the border as well.

Which Industries are Embracing Remote Work?

The nature of work can vary broadly by job type—for example, mining is tough to do from one’s living room sofa—so remote jobs were not distributed equally across industries.

Here are the numbers on job postings that were geared towards remote work:

Industry% Remote (Sept 2020)% Remote (Sept 2021)Change (p.p.)
Software & IT Services12.5%30.0%17.5
Media & Communications12.5%21.3%8.8
Wellness & Fitness3.3%21.2%17.9
Healthcare3.2%14.4%11.2
Nonprofit4.6%14.1%9.5
Hardware & Networking2.2%12.9%10.7
Corporate Services5.2%9.5%4.3
Education9.4%8.8%-0.6
Entertainment3.0%7.7%4.7
Finance1.8%6.5%4.7
Consumer Goods2.2%6.0%3.8
Recreation & Travel0.2%3.7%3.5
Manufacturing1.4%3.0%1.6
Energy & Mining1.0%2.7%1.7
Retail0.5%0.7%0.2

Tech and healthcare industries are showing big shifts towards remote work, with the latter being influenced by a number of tech-driven changes, including telemedicine.

Physical distancing measures forced some industries to pivot quickly. Whether virtual fitness and wellness options (e.g. Peloton and Headspace) would remain popular beyond the pandemic was a big question mark, but this jobs data seems to indicate continued digital growth in these industries.

What the Future Holds

Since COVID-19 outbreaks are still underway, the true test for this trend will be whether these numbers hold up a year or two from now. When offices and gyms are reliably open again, will companies dial back the work-from-home options?

Today, hybrid solutions are proving popular amidst worries that fully distributed teams suffer from lower levels of collaboration and communication between colleagues, and that innovation could be stifled by lack of in-person collaboration.

Of course, employees themselves are reporting being more productive and happy at home, with 98% of people wanting the option to work remotely for the rest of their careers.

It’s clear that the culture of work is undergoing an evolution today, and companies and employees will continue to seek the perfect balance of productivity and happiness.

Where does this data come from?

Source: LinkedIn’s Workforce Report for September 2021 (Canada)
Data Note: LinkedIn analyzed hundreds of thousands of paid remote job postings in Canada posted on LinkedIn between February 2020 and September 21, 2021. A “remote job” is defined as one where either the job poster explicitly labeled it as “remote” or if the job contained keywords like “work from home” in the listing.

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Print Has Prevailed: The Staying Power of Physical Books

When e-books hit the mainstream in the early 2000s, many predicted they’d eventually make print books obsolete. So far, that prediction has not come true.

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Print Books Have Prevailed

The Briefing

  • Survey data from 10 different countries shows that a majority of people still prefer print books over e-books.
  • 42.5% of respondents purchased at least one print book in 2020—that’s significantly more than the 15.5% who’d bought at least one e-book.
  • Out of the 10 countries surveyed, Germany has the most print book lovers. 58% of German respondents bought a print book in 2020.

The Staying Power of Print Books

E-books are certainly not a new phenomenon. In fact, they’ve been around longer than the internet.

Yet, while the emergence of e-books dates back to the early 1970s, they didn’t hit the mainstream until the 2000s, when big companies began launching their own e-book readers, and digital libraries started to become more accessible to the public.

Around this time, sales for e-books started to soar, and by 2013, e-book sales made up 20% of all books sales in America. Many wondered if this was the end for print books.

But fast forward to 2021, and e-books haven’t made print books obsolete. At least, not yet.

E-book versus Print Book Purchases

A recent poll found that people still favor print books over e-books, at least when it comes to their purchasing behavior.

Of the 10 countries included in the survey, an estimated 42% of people had purchased at least one print book in 2020, while only 15.5% had bought an e-book that same year.

Here’s a look at all 10 countries, and the estimated share of their population who bought physical versus e-books in 2020:

CountryPhysical BooksE-books
🇨🇳 China32.0%24.4%
🇺🇸 United States44.5%22.7%
🇬🇧 United Kingdom48.7%20.0%
🇯🇵 Japan40.1%17.3%
🇰🇷 South Korea34.6%16.8%
🇦🇺 Australia41.2%15.9%
🇪🇸 Spain49.3%14.3%
🇩🇪 Germany58.0%10.4%
🇫🇷 France52.1%7.5%
🇮🇳 India24.5%5.6%
Average42.5%15.5%

China had the highest portion of e-book lovers—an estimated 24.4% of its population purchased an e-book in 2020, which is more than 8 percentage points higher than the average across the whole list.

On the other end of the spectrum, e-books are least popular in India, where an estimated 5.6% of the country’s population purchased an e-book in 2020. Keep in mind, the country has a lower percentage of book purchasers in general.

Why Print Has Prevailed

Why are print books still more popular than e-books? There are many theories. One study suggests that readers retain information better from a print book versus an e-book, while other consumer surveys found that e-books haven’t yet managed to fully simulate the tactile experience of a print book.

However, while e-books might not eradicate print books entirely, the market for digital books is expected to grow in the near future. By 2025, global revenue from e-books could reach $18.4 billion, with 1.2 billion users across the globe.

Where does this data come from?

Source: Statista

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