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Least Developed Countries*

The notion of Least Developed Countries (LDCs) originated in the 1970s when the international community recognized the existence of a group of twenty-five developing countries suffering the most from profound structural impediments to growth and had a high prevalence of acute poverty. The number of LDCs has, ever since, nearly doubled, with only two countries having graduated out of the category.

The current 49 LDCs comprise more than 850 million people, about 12 per cent of the world’s population, but account for less than 2 percent of world GDP and about 1 percent of global trade in goods. This group of countries represents the poorest and most vulnerable segment of humanity, lying at the epicenter of the developmental crises.

Their low level of socio-economic development is characterized by low and unequally distributed income and scarcity of domestic financial resources. They often suffer from governance crises, political instability and, in some cases, internal and external conflicts. Their, largely agrarian, economies are affected by a vicious cycle of low productivity and low investment. They rely on the export of few primary commodities as a major source of export and fiscal earnings, which makes them highly vulnerable to external terms-of-trade shocks. Only a handful has been able to diversify into the manufacturing sector, though with a limited range of products in labour-intensive industries (i.e. textiles and clothing). These constraints are responsible for insufficient domestic resource mobilization, low economic management capacity, inadequate local private sector development, chronic external deficits, high debt burdens and heavy dependence on external financing that have kept the LDCs in a poverty trap.

The Economic and Social Council of the United Nations uses the three criteria below to identify LDCs:

  • Low Income
  • Human Resource Weakness criterion
  • Economic Vulnerability

For more detailed information about the LDC criteria, please see the UN-OHRLLS website.

List of Least Developed Countries (February 2011)

Africa  
Angola Madagascar
Benin Malawi
Burkina Faso Mali
Burundi Mauritania
Central African Republic Mozambique
Chad Niger
Comoros Rwanda
Democratic Republic of the Congo Sao Tome and Principe
Djibouti Senegal
Equatorial Guinea Sierra Leone
Eritrea Somalia
Ethiopia Sudan
Gambia Tanzania
Guinea Togo
Guinea-Bissau Uganda
Lesotho Zambia
Liberia  
Asia
 
Afghanistan Nepal
Bangladesh Samoa
Bhutan Solomon Islands
Cambodia Timor-Leste
Kiribati Tuvalu
Lao People’s Democratic Republic Vanuatu
Myanmar Yemen
Latin America and the Caribbean
 
Haiti  

 

*Source: United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and the Small Island Developing States (UN-OHRLLS)

Contact

ldc@unglobalcompact.org

Last updated: 16 February 2011