All these extremely fragile and underdeveloped economies have either recently been through a civil war or are suffering from ongoing sectarian or ethnic conflicts.
3. Burundi
Current International Dollars: 818 | Click To View GDP & Economic Data
The small landlocked country of Burundi, scarred by Hutu-Tutsi ethnic conflict and civil war, has moved two places down the table since last year. President Pierre Nkurunziza, a former Hutu rebel who won a third term last year in controversial elections boycotted by the opposition after a failed coup, has come under international pressure. In March 2016 the European Union, Burundi’s largest donor, cut funding to the government in an attempt to force Nkurunziza into talks over the political deadlock. The political crisis has pushed the country back into recession and the Burundian government’s ban on trade with neighbouring Rwanda in July 2016, citing concerns over food security, has contributed to rising prices for staple foodstuffs such as potatoes. There has also been a fall in the production of coffee, the country’s main export. According to the latest UNDP Burundi survey, 82.1% of the populations live on $1.25 a day or less and 90% of the Burundian population rely on agriculture. As a result, the population is exceedingly vulnerable to price fluctuations, export restrictions, and food scarcity.
