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with lowest economic class based on the World Bank's international poverty lines of $2.15 and $3.65 a day Country Region World Bank Income group (2024) Extremely poor: Less than $2.15 a day Moderately poor: $2.15 to less than $3.65 a day Not extremely or moderately poor: $3.65 or above a day Afghanistan: South Asia Low income
The economy of Malawi is $7.522 billion by gross domestic product as of 2019, and is predominantly agricultural, with about 80% of the population living in rural areas. The landlocked country in south central Africa ranks among the world's least developed countries and poorest countries. [11]
Malawi is a landlocked country in southern Africa. Malawi is one of the world's undeveloped countries and is ranked 170 out of 187 countries according to the 2010 Human Development Index. [1] It has about 16 million people, 53% of whom live under the national poverty line and 90% of whom live on less than $2 per day. [2]
The IHDI, estimated for the world and specific countries, captures the losses in human development due to inequality in health, education and income. Losses in all three dimensions vary across countries, ranging from just a few percent (e.g. Czech Republic and Slovenia) up to over 40% (e.g. Angola and Comoros). Overall loss takes into account ...
There are 32 countries that are classified as least developed countries in Africa, 8 in Asia, 3 in Oceania, and 1 in the Americas. The list of "least developed countries" according to the United Nations with some that are categorized into the landlocked developing countries and the Small Island Developing States: [23] Africa Angola Benin
Malawi is one of the world's least-developed countries. The economy is heavily based on agriculture, and it has a largely rural and growing population. Key indicators of progress in the economy, education, and healthcare were seen in 2007 and 2008. Malawi has a low life expectancy and high infant mortality.
Malawi is one of the world's least-developed countries. The economy is heavily based on agriculture, and it has a largely rural and growing population. Key indicators of progress in the economy, education, and healthcare were seen in 2007 and 2008. Malawi has a low life expectancy and high infant mortality.
According to the World Bank Group in 2020, more than 40% of the poor live in conflict-affected countries. [4] Even when countries experience economic development , the poorest citizens of middle-income countries frequently do not gain an adequate share of their countries' increased wealth to leave poverty.