10 Least Developed Countries in the World Heading into 2024

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2. Central African Republic

HDI Ranking: 188

GDP Per Capita: $427 

Composite Score: 2

The Central African Republic’s economy exhibits signs of stagnation, characterized by minimal growth in 2022 attributed to extensive flooding and fuel shortages. This standstill has perpetuated a persistently high rate of extreme poverty. The country continues to rank among the world’s poorest, with a significant majority of its population living below the poverty line.

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