Top 10 Least-Developed Countries In The World and Their HDI 2023
What’s the least developed country in the entire world today?.
Here is the list ranking of the top 10 world’s most undeveloped nations this year United Nations data by HDI.
What is a HDI?
HDI is a summary measure of human development. How is it defined? The HDI is a summary composite measure of a country’s average achievements in three basic aspects of human development: health, knowledge and standard of living
The least developed countries are a list of developing countries that, according to the United Nations, exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world
In other words, Least developed countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development.
They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
What are the characteristics of least developed countries?
Characteristics of LDCs (cont) include;
Inadequate technology & capital.
Low saving rates.
Varying dependence on international trade.
Rapid population growth (1.6% to DCs’ 0.1% yearly)
Low literacy & school enrollment rates.
Unskilled labor force.
And Poorly developed institutions.
With that being said, ranked by each country’s HDI, these are the top 10 most least developed countries.
Most Undeveloped Countries In The World:
- Niger 🇳🇪 — .394
- Central African Republic — .397
- Chad 🇹🇩 — .398
- Burundi i — .433 (tie w/ South Sudan)
- South Sudan 🇸🇩 — .433 (tie w/ Burundi)
- Mali 🇲🇱 — .434
- Burkina Faso — .452 (tie w/ Sierra Leone)
- Sierra Leone — .452 (tie w/ Burkina Faso)
- Mozambique 🇲🇿 — .456
- Eritrea 🇪🇷 — .459