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Destinations -> The Poorest Countries in the World -> Sierra Leone

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Sierra Leone is a very poor country. The gross domestic product was amounted to approx. $ 2.5 billion, less than $ 500 per capital. Below the poverty line there is more than 70% of the population. Approximately two thirds of the population lives exclusively on subsistence agriculture. Agriculture provides 49% of GDP, industry - 31% (and manufacturing - only 4%), services - 20%. Deposits of diamonds, chromite, bauxite, gold, iron, platinum, as well as some of the world's largest reserves of rutile (titanium ore) were discovered in Sierra Leone. The war destroyed much of the country's infrastructure, so that the active development of its mineral resources of Sierra Leone will go on. Today diamonds are mined and the export of it gives most of the foreign exchange earnings. The manufacturing industry is represented by small enterprises of food and textile industries. In agriculture, the dominant plants which grow are: rice, coffee, cocoa, palm oil, peanuts. Fisheries are fairly well developed. The development of livestock is limited to the spread of tsetse flies. The main foreign trade partners of Sierra Leone are: Belgium, Germany, Great Britain and the Netherlands. The capital of the country, the city of Freetown has about 700 thousand inhabitants. It was founded in 1787 ,one of the cities in the world, located "on the seven hills", and it was called "African Athens." It is the most important industrial and transport center of the country: through its port is the lion's share of both imports and exports of Sierra Leone.

 

Sierra Leone is an extremely poor country with tremendous inequality in income distribution. Although it has significant reserves of mineral, agricultural and fishery resources, its physical and social infrastructure has not yet recovered from the Civil War. Serious social unrest continues to hamper the economic development. Almost half of the working population is engaged in agriculture. Manufacturing consists mainly of raw material processing and light industries in the domestic market. Placer diamonds remain the main source of hard currency exports account for nearly half of Sierra Leone. The fate of the economy depends on the maintenance of internal peace and receiving substantial aid from abroad to compensate for the severe imbalance of trade and government revenue. IMF in 2010 approved a new program of assistance of $ 45 million over three years. Political stability has led to a revival of economic activity in areas such as the restoration of bauxite, which are set to benefit from the planned tax breaks.


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The level of the economy in various countries around the world is not the same , somewhere it is very high and somewhere very low. GDP, literacy rate and employment are the main parameters to determine the level of a country's economy. According to the report of the United Nations, hunger causes the death of about 25,000 people daily. Unfortunately, more children die than adults. 982 million of the 4.8 billion people in the developing world live on $ 1 a day. Another 2.5 billion people live on less than $ 2 per day. What factors influence the level of the economy? These are the geography of the country, industrialization, colonialism, education, natural resources, infrastructure, overcrowding, investment, government debts.   Here is a list of the most-most of the world's poorest countries: There are 9 in Asia: Afghanistan Bangladesh Butane East Timor Yemen Cambodia Laos Myanmar Nepal   In Africa 33: Angola Burkina Faso Mali Burundi Benin Chad Sudan CAR Democratic Republic of Congo Ethiopia Niger Djibouti Comoros Somalia Equatorial Guinea Togo Tanzania Uganda Eritrea Madagascar Malawi Guinea-Bissau Lesotho Rwanda Mauritania Mozambique Southern Sudan Sao Tome and Principe Zambia   Oceania has 5: Vanuatu Samoa Tuvalu Kiribati Solomon Islands   The North America only one: Haiti   And 2 of the 4 th in the world: Cape Verde Botswana   The world's poorest countries belong to their ratings, so it makes sense to select the top 10 most such, the number of GDP. This list begins with the very poor and can be a little different: Congo Liberia Zimbabwe Solomon Islands Somalia Comoros Guinea CAR Niger Ethiopia   It is known by everybody that the economy is developing in different countries in different ways. The factors that make compiled rating may be noted by the gross domestic products, by the literacy rate and the percentage of the population of working citizens. Summing these factors in a special way, without any problems, can determine the level of the development of a region. Actually it was done. Based on some worldly reports it becomes clear to us that tens of thousands of people die every day directly from hunger. By the way, more than half of the world's population spends at least 30 rubles per day. These indicators are mainly related to poor developing countries of the world, because they are very backward and people do not want to work properly. In some cases this can be attributed to the nature and the lack of minerals.   Congo is a leader of the poorest state from the economy point of view. There always were constant wars and chaos.   Liberia has serious problems with the export, losing its diamond resources. It has a large number of debts and bad lives.   Zimbabwe is not much better than others. There is most inflation and a small amount of money, as a result, unemployment and related phenomena.   In Solomon Islands, then things are a little better. In this country there are a lot of fish, so it caught almost all the inhabitants of the country. From fossils, too, all very good. However, technological progress, or something else does not allow to live normally.   Somalia is the most militant. Usually people are engaged in agriculture and cattle breeding. However, there were many pirates who robbed everyone who came across their path. However, such a laugh did not improve their lives in general.   Disaster occurred in Comoros because of an increase in population. The result was a lack of jobs and defaults.   People in Guinea are engaged in agriculture and fishing. This is the only thing by which they can survive. As an additional problem may be noted viruses.   Summing up our ranking of the world's poorest places, we tried to make you understand their general backwardness. In these places, residents never shone with mind and they do not understand anything in modern technologies. The level of literacy suggests that schools are not the main places to get life skills. What they wanted got it. Just do not know how to create good living conditions, then let it grow at least something. The fact that there are rich and poor countries is known to many. But ordinary citizens do not realize how poor countries are ... poor . The fact that living standards in these countries is poor, often referred to international organizations. Well, try to find out about the top 10 poorest countries in the world, consisting of ten states.

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Sierra Leone - Impoverished country
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