In this piece, we will take a look at the 5 worst countries in the world. For more countries, head on over to the 30 worst countries in the world.
5. Burkina Faso
Poorest countries ranking: 25
Life expectancy ranking: 12
Emigration rate ranking: 39
Dangerous countries ranking: 29
Burkina Faso is currently in turmoil with armed Islamist groups launching deadly attacks, with the government ceding some portion of control to such groups, according to Human Rights Watch. However, Burkina Faso still had a growth rate of 6.9% in 2021, though it declined to 2.5% in 2022.
4. Mali
Poorest countries ranking: 22
Life expectancy ranking: 9
Emigration rate ranking: 54
Dangerous countries ranking: 3
Many African nations are plagued by armed Islamist groups and Mali is no exception. Add the fact that Mali’s military junta is tightening control, Mali may be a risky proposition to invest in, recording modest growth of between 3% to 4% in 2021 and 2022.
3. Democratic Republic of Congo
Poorest countries ranking: 24
Life expectancy ranking: 11
Emigration rate ranking: 49
Dangerous countries ranking: 2
The Democratic Republic of Congo has been home to several internal conflicts across decades, which have played a huge part in it being counted among the worst countries in the world. DRC was also impacted severely by Covid-19 but in 2021, rebounded well to record a growth rate of 6.2% in 2021, followed by 8.9% in 2022, and is a perfect example of how rewarding and risky it is to invest in such economies.
2. Somalia
Poorest countries ranking: 4
Life expectancy ranking: 6
Emigration rate ranking: 38
Dangerous countries ranking: 5
Considered to be one of the most corrupt countries in the world, Somalia is home to one of the biggest global humanitarian crises across the globe, as decades of conflict have wreaked havoc on the country. However, despite all of these issues, it’s growth rate in 2021 was 4%, and was 7.5% in 2019 before the pandemic struck.
1. Afghanistan
Poorest countries ranking: 9
Life expectancy ranking: 28
Emigration rate ranking: 7
Dangerous countries ranking: 4
Topping the list of the 30 worst countries in the world is Afghanistan, which is currently in a terrible state right now. Afghanistan has been home to civil strife for decades now and the Taliban taking power in the early 200s, followed by the U.S. invading the nation crippled an already struggling nation. However, things went from bad to worse in 2021 when the U.S. abandoned Afghanistan without a proper plan, resulting in the Taliban immediately regaining control and Afghanistan’s economy further nosediving, declining by 20.7% in 2021.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 25 Most Health-Conscious States in the US and 10 Oversold Growth Stocks To Buy.
