5 Least Developed Countries in Latin America

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1. Haiti

HDI Ranking: 1

GDP Per Capita Ranking: 1

Average Ranking: 1

Haiti has the lowest GDP per Capita in Latin America as of 2021, at $1,830. Haiti’s underdevelopment is the result of income inequality, corruption, political instability and lack of access to quality education and healthcare, among other factors. Haiti’s economy is also largely informal, comprising 55% of the country’s GDP. 

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