Uganda
One of the poorest countries on the planet, Uganda has a total GDP of $33.57 billion and a GDP per capita of $828.06. This makes things difficult for its 45.74 million inhabitants, which makes it one of the most populated African nations. The country recently saw changes in its economy, thanks to the protection of its natural resources. Can you believe that 56% of the population lived below the poverty line in 1992? It is reassuring to see that this has since gone down to 25%. In the ‘80s, there was a push to liberalize the economy. Still, things could be improved in more ways than one. In 2019, the country at least saw growth of 6.3%. This can be attributed to the expansion of the industrial and service sectors.
Uganda
The Democratic Republic of Congo
Agriculture, mining, copper, cobalt, forestry, and fishing make up the economy of the Democratic Republic of Congo. While its total GDP is $48.46 billion, it is not very impressive when you consider the fact that it has a huge population of 89.56 million people. Its GDP per capita is only $495.08, which explains why it is among the ten poorest countries in the continent. With its mixed economy, there is still hope for the country. The African Development Bank Group said that its growth went from 5.8% to 4.3% from 2018 to 2019. The country is suffering from low productivity and energy shortages.
The Democratic Republic Of Congo
