World's 7 Least Expensive Countries

Pakistan: As assumed, this developing country has the strong potential of becoming the world’s largest economy in the21st century. But it seems a far-away dream with emerging conflicts in the region the effect is seen on its economy as there are unequal distribution of income and lack of descent jobs to the people with lack of excellent basic services like railways and transportation. The cost of living in Pakistan is very less as the food and living is comparatively cheaper.

Myanmar: The major agricultural product is rice and accounts for 97 percent of total food grain and is the producer of precious stones such as rubies, sapphires, pearls and jade. After decades under a repressive military regime, Myanmar is on its way of recovery. The reforms inducted by the government after the 2010 elections helped the country’s foreign relations, particularly with western nations, which was quite stressed. The country is one of the poorest nations in Southeast Asia suffering from stagnant economy and growth with very little exposure to the outer world. With lack of education, adequate infrastructure and sufficient skills for modern technology, people are trying hard to earn a good income.