Tajikistan ranked 43rd in the list of countries by poverty rate

In the ranking of the poorest countries in the world, Tajikistan ranks 43rd, positioned lower than all its neighbors in Central Asia. The ranking was published by Global Finance.

The ranking, compiled by financial analyst Luca Ventura based on data from the International Monetary Fund, uses a unique indexing system.

At the top of the list are countries with the highest levels of poverty, while at the bottom are the most prosperous states. Thus, Kazakhstan ranks 128th, demonstrating the best indicators among Central Asian countries.

The GDP per capita in Kazakhstan is $34,534 per year, which is significantly higher than in Tajikistan ($5,832), Kyrgyzstan ($6,790), and Uzbekistan ($10,936). Kazakhstan also surpasses countries such as Ukraine, Vietnam, Azerbaijan, Brazil, China, and Belarus. Its neighbor in the ranking is Russia, which ranks 125th with a GDP per capita of $38,292.

The closest of the Central Asian republics to Kazakhstan in the ranking is Turkmenistan, which is in 101st place. Uzbekistan and Kyrgyzstan rank 67th and 48th, respectively. The poorest country in Central Asia in the ranking is Tajikistan, which is in 43rd place.

The poorest in the world

South Sudan, where the average citizen lives on $1.12 a day, ranks first in the list. Civil wars, crime, and corruption that have plagued the country since its formation in 2011 have led to more than 60% of the population suffering from hunger, according to the ranking, as reported by golos-naroda.kz.

The second place in the ranking of the poorest countries is occupied by tiny Burundi, which has no access to the sea. The country suffers from a lack of natural resources and was affected by a civil war that lasted from 1993 to 2005.

In third place is the Central African Republic. Although the country is rich in gold, oil, uranium, and diamonds, for some reason it is populated by very poor people and has been among the poorest countries in the world for much of the decade.

The top ten poorest countries in the world also include the Democratic Republic of the Congo, Mozambique, Niger, Malawi, Liberia, Madagascar, and Yemen.

At the opposite end of the ranking are Luxembourg, Macao, Ireland, Singapore, Qatar, the UAE, Switzerland, San Marino, and the USA. In these countries, the average income per capita significantly exceeds the figures of South Sudan. For example, a resident of Luxembourg can spend $394 a day.

6 reasons for the poverty of countries

Expert Luca Ventura notes that the reasons for long-term poverty can be diverse:

– Corruption: Corrupt governments can turn rich countries into poor ones by squandering resources and hindering economic development.

– Colonial past: The history of exploitative colonization has left many countries with a devastated economy and infrastructure.

– Weak rule of law: The lack of order and protection of property rights deters investors and hinders economic growth.

– Wars and social unrest: Conflicts lead to destruction, casualties, and displacement of populations, which causes serious damage to the economy.

– Harsh climatic conditions: Unfavorable climatic conditions, such as droughts or floods, can limit agricultural production and access to resources.

– Aggressive neighbors: External threats and conflicts with neighboring countries create instability and divert resources from development.

According to the analyst, these factors often reinforce each other, creating a vicious cycle of poverty. For example, countries with high debt levels cannot afford to invest in education, leading to a shortage of skilled labor and limiting opportunities for economic growth.