Which country is the poorest in terms of individual standard of living?
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2 Answers
According to the International Monetary Fund (IMF), Burundi is considered one of the poorest countries in terms of individual standard of living, with a significant portion of the population living below the poverty line due to low income levels, limited access to basic services, and high unemployment rates.
Determining the poorest country in terms of individual standard of living can be complex and subjective. However, countries such as Burundi, South Sudan, and Malawi are often considered among the poorest based on various indicators such as GDP per capita, poverty rates, and human development indices. It's important to note that poverty and standard of living can vary within countries, and there are multiple factors to consider when assessing a nation's economic well-being.