World's 7 Least Expensive Countries

BANGALORE: With the soaring expenses and rising fluctuations in the economy, many countries are facing difficulty in maintaining their economic parity. However, according to the new World Bank Report released, out of 177 countries, there are some countries with the least expenses with lowest purchase price, and less GDP per capita in the world. These countries are bound to be less costly and can be considered as the cheapest places to live in. Below listed are some of the least expensive countries in the world, reports Yahoo.

Egypt: With its changing political scenario, Egypt's economy is witnessing ups and downs. However, the expenses in the Egypt are pretty less as compared to other countries. With no people seen starving there, the food is cheap and readily available to all classes of people. With a rich culture, and strong tourist attraction, tourism employs more than 12 percent of its population. The economic conditions through various government policies in Egypt are seen improving. Though there is unequal distribution of income among the population, the prices of basic goods are relatively less.