The 30 Least Prosperous Countries In The World
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The 30 Least Prosperous Countries In The World

Prosperity is the key to bring peace in the world but due to deterioration in safety, security and freedom, most nations are come under threat of least development and consequently become least prosperous. Health and economic growth have strong link and countries, which spend the least on healthcare are in sub-Saharan Africa, are facing highest incidences of tuberculosis and of respiratory diseases and vulnerable to an outbreak like Ebola that eventually retard economic growth and prosperity. Increase in state violence, refugee numbers, weak health infrastructure, grievances, security risk and limited freedom is the common characteristics of least prosperous countries.

The Legatum Institute, a London think tank, attempted to rank the least happiest countries in the world based on The Prosperity Index that provide unique insight into how prosperity is forming and changing across the world and take eight basic variables into account while defining real happiness. Economy, entrepreneurship plus opportunity, governance, education, health, safety plus security, personal freedom and social capital are main focus of this index that have strong relation with prosperity.

According to the Prosperity Index, sub-Saharan Africa is the home to most of the least prosperous nations of the world. Of the 30 nations ranking at bottom of the index, 23 of those were African nations. The remaining are those struggling with freedom and economy or facing revolution and war.  Norway is the most prosperous nation in the world for the sixth year in a row, according to the report. Here are the 30 least prosperous nations.

The least prosperous countries are predominantly found in sub-Saharan Africa, with the Central African Republic bottom of the rankings, followed by Chad and Congo (DR).

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0 0 2731 18 January, 2015 Economy January 18, 2015

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