Top ten poorest countries in Europe
No.10 Romania
GDP equals seven thousand seven hundred dollars home to the colonial structures several castles beautiful architecture and Bucharest sixth largest city in Europe Romania is what you might call a surprise entry in the bid for the poorest country in Europe the GDP of Romania took a severe hit during the 2008 financial crisis like many other European countries fortunately the things seem to be looking up as the recent GDP figures for the country have shown to be inching towards $10,000 per capita.
No.9 Bosnia and Herzegovina
Bosnia and Herzegovina GDP equals 7200 . the economic struggles in Bosnia and Herzegovina go way deeper and back then the 2008 financial crisis their struggles to regain a proper foothold in the international market stemmed from the split with Yugoslavia over 25 years ago the country is gaining ground in recent years but it hasn't been easy going for the dual named nation.
No.8 Ukraine
Ukraine GDP equals $7,000 the second largest country in Europe Ukrainian economy is another that was hit badly by the recession on top of that the country has been battling with Russian interventions ever since its separation the failure to become a member of EU also dented their economy while their foreign reserves are also chump change compared to other countries with their size and population.
No.7 Albania
Albania GDP equals $6,400 Albania has
failed to grow as an economy because of the lack of industrialization and exploitation of abundant natural resources like iron and natural gas the reliance on agriculture as your economic mainstay can only get you so far
NO.6 Montenegro
Montenegro GDP equals $5,900
Montenegro's economy has seen itself rise from the dead in recent years with an increased interest of English Russian aristocracy as well as a positive shift in tourism however the country is still recovering from the post Yugoslavian era and it could still be some time before the economy is out of shambles.
No.5 Bulgaria
Bulgaria GDP equals $5,200 the consistent Bulgarian presence in the poorest of the European countries has been an anomaly given the country's strong non euro currency the main problem in Bulgaria is the corrupt political system which means that almost 30 percent of the country lives under the poverty line nobody needs to be a rocket scientist to figure out that that many people under the poverty line spells hazard for a country's economy
No.4 Serbia
Serbia GDP equals $4,600 Serbia is on the rise when it comes to shift in economy during the recent years the country suffered badly from the Yugoslavian separation and then the 2008 recession however an interest from several fortune 500 companies looking to set base in the country has lowered unemployment and brought some stability to the country in recent years.
No.3 Macedonian
Macedonia GDP equals $3,800 economic thriftiness has eluded Macedonia for much of its existence when it was a part of Yugoslavia it accounted for merely five percent 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.
No.2 Kosovo
Kosovo GDP equals $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 count rise 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.
No.1 Moldova
Moldova GDP cools 2000 dollars 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.
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