Poorest Countries In The World
Monday, Aug 24, 2020, 1:24 pm
By:
Tony Williams
#11 Madagascar
Despite being a favoured holiday destination for many, this country is stricken by poverty. Over 80% of its inhabitants live on around $1 per day. Part of their revenue is secured from tourism and also from agriculture which constitutes 29% of their annual budget. Due to the uncertainty of foreign investors input into tourism Madagascar has seen a drop in tourist activity. Their GDP is around $800.The main causes are a large population with little employment and a lack of foreign investors.
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