Definition: National estimates of the percentage of the population falling below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020See also: Population below poverty line map
Covid-19: Rise of the Super Rich & Fall of the World’s Poor
Inter Press Service - 5/23/2022 6:15:00 AM
Michael Bloomberg, the three-term Mayor of New York city and a billionaire philanthropist, was once quoted as saying that by the time he dies, he would have given away all his wealth to charity – so that his cheque to the funeral undertaker will bounce for lack of funds in his bank account.
1 in 6 US kids are in families below the poverty line
Tulsa World - 5/20/2022 1:01:00 PM
In the United States, children are more likely to experience poverty than people over 18. In 2020, about 1 in 6 kids, 16% of all children, were living in families with incomes below the official poverty line – an income threshold the government set that year at about US$26,
Half a million Kenyans out of extreme poverty
Business Daily Africa - 5/12/2022 12:00:00 AM
World Bank macro poverty outlook estimates the country ... the population in 2020 to 18.8 million or 34.3 percent in 2021. The global lender projects Kenyans living below the poverty line ...
Lebanese state violated human rights by mismanaging crisis, UN poverty envoy says
Reuters on MSN.com - 5/11/2022 11:56:36 AM
Lebanon's government and its central bank have committed human rights violations by impoverishing people through the "callous destruction" of the country's economy, an independent United Nations report said on Wednesday.
If war lasts longer than a year, 90% of Ukrainians will fall into poverty – UN
Yahoo News - 5/16/2022 1:02:00 PM
A long-term conflict might lead to nine out of 10 Ukrainians falling below ... poverty line,” the UN said. Read also: Ukraine’s infrastructure losses are estimated to amount to over $94 billion and are increasing weekly The World Bank defines a country ...
Explained | Why countries like the Central African Republic are adopting cryptocurrencies as legal tender
The Hindu - 5/14/2022 6:17:00 AM
A transition towards cryptocurrencies by the Central African Republic and El Salvador is spurred by the urge to circumvent inflationary pressures and move away from colonial currency mechanisms. However,
Lebanese State Violated Human Rights by Mismanaging Crisis, UN Poverty Envoy Says
U.S. News & World Report - 5/11/2022 12:05:00 PM
Lebanon's economic implosion has seen the local currency lose more than 90% of its value, food prices rise 11-fold and more than three-quarters of the population sink below the poverty line.