10 Least Developed Countries in the World Heading into 2024

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1. Burundi

HDI Ranking: 187

GDP Per Capita: $238

Composite Score: 1

In Burundi, economic conditions are fragile and vulnerable to external shocks. Economic growth, primarily propelled by agriculture and services, is hampered by limited industrial development and energy challenges. Burundi also grapples with high inflation, especially in food and fuel prices, which affects private consumption. Despite efforts to reduce the fiscal deficit and manage public debt, the economy still encounters significant obstacles.

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