Why Burkina Faso Is Classified as a Least Developed Country (LDC)
- Poverty & Inequality: 25.3% poverty rate; ~40% live on <$1.90/day; GNI $690, GDP per capita $1,756.
- Insufficient Infrastructure: Limited, poorly maintained roads; <25% electricity access.
- Agriculture Dependence: >80% workforce in farming; vulnerable to commodity prices and weather.
- Limited Natural Resources: Main exports cotton, gold, livestock; price volatility.
- High Illiteracy: 43.5% adult literacy; hampers human capital.
- Poor Healthcare: Shortage of facilities, professionals, supplies.
- Political Instability: Coups and unrest deter investment.
- Environmental Challenges: Desertification, deforestation, soil degradation.
- High Population Growth: 3.86% annually strains resources.
- Foreign Aid Dependency: Aid fluctuations destabilize budget.
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