The World's Poorest Country is Sitting on $24 Trillion - podcast episode cover

The World's Poorest Country is Sitting on $24 Trillion

May 05, 202417 min
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Episode description

With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals including Cobalt, which is an essential input to the production of lithium-ion batteries. The mineral resources are estimated to be worth $24 trillion. So why is the DRC so poor? Learn more about your ad choices. Visit megaphone.fm/adchoices
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The World's Poorest Country is Sitting on $24 Trillion | Economics Explained podcast - Listen or read transcript on Metacast