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Jun 12, 2024 · Poverty, the state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty is said to exist when people lack the means to satisfy their basic needs. Learn more about types and causes of poverty in this article.
Poverty is a state or condition in which an individual lacks the financial resources and essentials for a certain standard of living. Poverty can have diverse environmental, legal, social, economic, and political causes and effects.
Apr 2, 2024 · Around 700 million people live on less than $2.15 per day, the extreme poverty line. Extreme poverty remains concentrated in parts of Sub-Saharan Africa, fragile and conflict-affected areas, and rural areas. After decades of progress, the pace of global poverty reduction began to slow by 2015, in tandem with subdued economic growth.
The scale of global poverty today, however, remains vast. The latest global estimates of extreme poverty are for 2019. In that year the World Bank estimates that around 650 million people – roughly one in twelve – were living on less than $2.15 a day.
After several decades of continuous global poverty reduction, a period of significant crises and shocks resulted in around three years of lost progress between 2020-2022. Low-income countries, which saw poverty increase during this period, have not yet recovered and are not closing the gap.
The Poverty and Inequality Platform website allows you to explore data and indicators based on different poverty lines.
Eradicating extreme poverty for all people everywhere by 2030 is a pivotal goal of the 2030 Agenda for Sustainable Development. Extreme poverty, defined as surviving on less than $2.15 per...
The Poverty and Inequality Platform (PIP) helps data users find historical and current information related to key development indicators such as poverty, inequality, and shared prosperity. In addition, PIP can be used for following trends and monitoring progress towards development targets.
May 10, 2021 · The low-income urban families are showing signs of recovery, but it has yet to recover to the pre-crisis level. The recovery is partial, uneven, and uncertain. A sizeable number of workers remain unprotected. The COVID-19 crisis has pushed more families into poverty.
Poverty. More than 700 million people — or 10 per cent of the global population — still live in extreme poverty, which means they are surviving on less than $1.90 a day. Experts predict these figures will continue to rise as a result of the COVID-19 crisis alongside the ongoing impacts of conflicts and climate change.
