Whenever you think of poor countries your mind would instantly go to towards the war torn and bereft of resources countries in the African part of the world. Some would think about a few Asian countries and then your mind would go to the poor Caribbean and Latin American nations. Europe is generally the only continent that one wouldn’t think of poverty as an issue. But no matter the quality of the crate of apples, there are some that are bound to be either tasteless or ruined. Same is the case with some of the European countries where economy has failed to thrive in recent years. Still, one might argue that even the poorest country in Europe doesn’t feature in the top 25 poorest countries in the world. The only thing that remains is that the countries listed below aren’t as attractive for the potential immigrants all over the world as the rest of the Europe may be.
The list below is compiled using GDP per Capita.
Note: The figures may change over time and are the approximation of the average GDP in recent years.
Do you know which the poorest country in Europe is?
1. Moldova ($2,000)
As a heavily agricultural nation, Moldova has failed to become as sophisticated as other European countries when it comes to industrialization and capitalism. Another reason for the poor economy is little international involvement following conflicts from separatists that are funded, allegedly, by Russian groups.
2. Kosovo ($3,000)
Kosovo is a fairly new country following its independence from Serbia in 2008. The separation proved to be in bad tastes in both of the countries which made them slump amongst the top 5 poorest countries in Europe. Kosovo has failed to be recognized as a strong independent nation and international investment opportunities have been scarce.
|List of Top Ten Poorest European Countries 2015|
(Per Capita )
|9.||Bosnia and Herzegovina||Sarajevo||$7,200|
3. Macedonia ($3,800)
Economic thriftiness has eluded Macedonia for much of its existence. When it was a part of Yugoslavia it accounted for merely 5% of the soviet nation’s total income. The blanket effect protected the country before but ever since the separation and recession the country has been in a massive economic slump.