20 Poorest Countries in Europe

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20 Poorest Countries in Europe.

Europe is known for its immense affluence, yet the continent is not immune to poverty. In an analysis of data from the International Monetary Fund, it is clear that many eastern European countries face pervasive economic distress.

To identify the poorest countries in Europe, we examined data from Credit Suisse's Global Wealth Databook, specifically focusing on the GDP per Adult. GDP per adult helps identify countries with lower average income levels, indicating that individuals in those countries may have limited financial resources. We selected the 20 poorest countries in Europe based on this metric, ranking the list in descending order of GDP per adult. It is important to acknowledge that some of these countries may appear relatively prosperous because Europe is generally a wealthy continent.

Nevertheless, poverty encompasses a wide range of factors, including the availability of essential needs such as food, clean water, healthcare, education, housing, and social services. To obtain a more comprehensive understanding of poverty in a country, it is vital to consider multiple indicators and measures. These aspects cannot be fully captured by GDP per capita alone.

#europe #countries #top20
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I'm from South Africa, been to lots of European countries, but most of these "poor" countries have the kindest people, nice food, slow life, basically life cheap and slow which is not a bad thing at all. They are much happier than people in Germany and Switzerland. People in these poor countries own property and land in rural villages. They are usually very naturally beautiful i love their kind people mostly

n.m
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Idk dude, but being a biracial person, felt much more safe visiting Vilnius, Cluj, Budapest, Plovdiv, Belgrade. Yes, you see poverty, but still authentic Europe. I visited Paris with my Brazilian colleague and we were shocked and scared in the metro with dodgy individuals. The same feeling was felt in Belgium and parts of Netherlands. Central and Eastern Europe managed to maintain their identity and traditions. We visited Balkan dances and walk on fire festival in Bulgaria and amazing Szentendre in Hungary. We heard very good things about the Slovak Tatry mountains region but were unable to go. Big surprise was Vilnius, a mix of Scandinavian, Soviet and lots of churches and greenry similar to the Balkans. I would say, those countries may be poor economically but have a lot of spirit. The Western part of Europe is in definitive decline especially France, Sweden, UK, Germany, Benelux.
Do not blame Poland and Hungary of wanting to be who they are and preserve their cultures....nothing worse than economic migrants seeking benefits especially from poorer countries.

limazulu
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I used to live in Ukraine before the war. Most people of my age (35-45) were living pretty descent lives, although because of low income (if compared to advanced economies, average salary in Kiev before the war was about USD $800) they felt themselves quite unhappy because of stuff they couldn't buy (like smartphones every year, big TVs or mid-priced cars).

But when I moved to Canada, then when I realised what real poverty is. Many of my friends here work on a survival job with monthly salary of CAD 1.8k (about USD 1.3k), live in a f... basement (cold, noisy, expensive) and pay about 2k (rent+bills) for it. Food is expensive as hell. We work much, much harder here than we ever used to in Ukraine, and don't make any money at all. I work in IT and we came a year ago (family of four) and we managed to save only 7k, just rent+food takes almost all of my salary.

What I can say for sure, in Ukraine people have more dignity in life than here in North America. We don't live in basements. Also, same as in the most European countries, we "work to live" (compared to "work to consume" in NA). A friend of mine in Ukraine (her and her husband) payed off mortgage for 2-bedroom apartment in 10 years working on jobs with average income. Here in Canada I need to work at least 5 years to save for a downpayment, and my friends are unlikely to ever qualify to mortgage. Prices for food in Ukraine were much lower than in other European countries with nearly identical quality. Food here in Canada is dogshit compared to Ukraine and especially EU.

So, my conclusion is: GDP per capita means nothing. Literally, nothing.

eugeneo
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I have travelled extensively and have visited and stayed for extended periods in #20 Lithuania, #18 Latvia, #15 Hungary, #14 Poland, #12 Romania, #11 Russia, #10 Bulgaria, and #2 Ukraine.
I would be very happy to live in any of these countries. It is the people of these countries that make them great not their GDP!

aussiebloke
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I live in Romania and I feel very rich having a big beautyful house and an apartment, 2 cars and a good job. I was in America few years ago and is poor and dangerous. After 2 months I left and came back in my beautyful and safe country, of wich I am proud.

elenisya
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Im living in Serbia in my own flat, its small but Its mine, I don't owe money nobody, I don't owe banks, Im happy, I spend what I earn...I dont earn much but Im happy, I can afford cloths, food, bills to pay and sometimes to travel. Btw our food is good, somebody mentioned that food in Canada is dogshit, I heard it also from my friend that moved in Canada. Greets from Novi Sad, Serbia 👋

Vladz
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Slovakia is a rich country. Each family has own house with garden and each member of family has his own car. Prizes are low. Not important is GDP. We are living fantastic.

Hlava
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The poorest countries in Europe are the most beautiful and safe countries in Europe. Better poor and happy than reach and not being able to live on your homeland, east Europe will be the "promise land " on the next 10 -20 years. Money is not everything, the freedom is.

stefandutcovici
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Interesting facts, poor countries have best food, kind people, cheap and less stressful life. Those are the best things in life

n.m
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I'm Ukrainian and used to work/live in Poland. The difference between UA and PL is immense... people are much more kind and supportive in Poland, life is cheaper and incomes are higher. Love Poland 🤍❤

p.t.
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I don’t see any poverty in these European countries. I see beauty and high end infrastructure and incredible cities.

zandilenkabinde
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Fortunately, as a Macedonian who has lived in one of the richest countries in the world (Switzerland) for more than 20 years, I cannot confirm that life is better in Western Europe than in the Balkans. It may be that your income is lower but you can afford more and live better. Everyone has property and a second house in the village. A farmland to grow.... Measuring wealth by GDP is ridiculous😂

marjancomateski
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Living in 20th "most poor" country in Europe (Lithuania) I am still richer than 90 percent of worlds population 😅

arunassilkas
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You must be an American to talk nonsense. "Poorest countries" with virtually no homelessness and universal health care. Free university level education too. And public transportation us could only dream of. GDP per capita is not everything and certainly doesn't make a country poor or rich. I've never seen poverty like the US poverty, and yet GDP is higher, so it must be a fantastic country to live in😅😅😅😅. I lived there and I'd never go back!

moni
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As s Bulgarian myself I don`t agree we are poor. Everyone owns at least 1 or even 2 apartments/houses. If that`s poor what is not? The rents are not high as well so we can afford them unoike the western ''developed'' countries. In Germany for instance just 40-50% of the population has its own estates. So I believe the richest are actually among the poorest in Europe:) A point of view.

ivantrankarov
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In most of these countries everybody owns house or apartment. Medical care is taken care off and doctors are very well educated. Overall you can live decent even in "poorest" European countries. And you forgot most important thing - most of europeans work to live, not the other way around. We do not need latest Iphones or Mercedes models and we consume way less them Americans or Canadians. Also a lot of people are debt free, and most of our universities are almost completely free.

gptjokes
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GDP not adjusted for purchasing power is misleading. I lived in Poland and except of smaller apartments and colder weather the quality of life is higher than in Midwest of US.
It is safer, has better food and average people are less stressed out.

tomjkoby
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The poorest countries in Europe are way richer than an average one outside Europe 😅

Hugomad
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Most Bulgarians live in their own houses and apartments. What benefit does the average resident of Berlin or Paris from earning several times more than the average resident of Sofia if he spends half of his income on rent? What is the use of a higher salary if expenses for utilities and food are many times higher? We need to look not only at income, but also at how much remains after all payments.

Rostislav-sxhm
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I'll say this as an 'outsider'. I've been back to Europe after 30 years and what I can tell you that all the listed countries have remained a true blue Europe. Budapest doesn't only have the natural beauty but they managed to keep most of their people in the country. It feels pretty safe in comparison Austria, Germany, Sweden and the UK. It was quote scary walking at night as a female through the parts of Austria, Germany and Sweden. I hope that the Eastern Europe will preserve their culture and won't let the illegal immigration in. May their people be blessed and without the wars. Btw, Kosovo isn't a country

SabineWald_NowHere