Poverty Rate By Country 2021

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Poverty is defined as not having enough material possessions or income to cover a person's basic personal needs, sometimes so extreme where a person lacks food, clothing, and shelter. The poverty rate is the ratio of the number of people in a given age group whose income falls below the poverty line.

Poverty can be a cyclical trap. For people to rise above poverty, they need education, proper health care, access to clean water, and job opportunities to help their financial situation. Unfortunately, many people in poverty are too poor to afford education or are stuck in areas without these resources. If a natural disaster or conflict strikes an impoverished area, then the already scarce resources are even more depleted.

Around the world, poverty is on the decline. Since 1990, one-quarter of the world has risen above extreme poverty. Today, estimates for global poverty are approximately 8.6% of the world. People who live in extreme poverty live on $1.90 or less per day.

Progress does not exist across all countries, as some countries with political instability or conflict or are plagued by natural disasters have seen an increase of people living in poverty.

The Organization for Economic Co-operation and Development (OECD) collected data from its member countries around the world to see what the poverty rate was in each country. The OECD defines the poverty rate as the ratio of the number of people in a given age group whose income falls before the poverty line, determined as half the total population's median household income.

Among OECD countries, South Africa has the highest poverty rate of 26.6%. South Africa has the largest wealth inequality gap worldwide, where the top 1% of earners take home almost 20% of income, and 90% of South African earners take home only 35% of all income. Costa Rica follows at 20.9%, then Romania at 17.9% and the United States at 17.8%.

The United States has the fourth-highest poverty rate of 17.8%. Despite being the largest economy in the world, the U.S. also has a significant wealth inequality gap. The current poverty threshold in the United States is $25,700 for a family of four. This means that households of four with a pre-tax income under $25,700 are considered to be living in poverty. Some states are more impoverished than others, and their poverty is exacerbated by high unemployment rates and a lack of high-paying jobs.

While poverty rates have made significant improvements over the past few decades, 736 million people live in extreme poverty, surviving on less than $1.90 per day. 413 million of these people live in sub-Saharan Africa. Nineteen countries worldwide have poverty rates over 50%. Organizations such as World Bank and World Vision are actively working to reduce poverty around the world.

According to World Bank, the countries with the highest poverty rates in the world are:

  1. South Sudan - 82.30%
  2. Equatorial Guinea - 76.80%
  3. Madagascar - 70.70%
  4. Guinea-Bissau - 69.30%
  5. Eritrea - 69.00%
  6. Sao Tome and Principe - 66.70%
  7. Burundi - 64.90%
  8. Democratic Republic of the Congo - 63.90%
  9. Central African Republic - 62.00%
  10. Guatemala - 59.30%

Poverty Rate By Country 2021

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Poverty Rate By Country 2021

Country Poverty Rate 2021 Population
Turkmenistan0.20%6,117,924
China0.60%1,444,216,107
Ukraine1.30%43,466,819
Kazakhstan2.50%18,994,962
Sri Lanka4.10%21,497,310
Morocco4.80%37,344,795
Algeria5.50%44,616,624
Malaysia5.60%32,776,194
Belarus5.60%9,442,862
Azerbaijan6.0%10,223,342
Vietnam6.70%98,168,833
Bhutan8.20%779,898
Maldives8.20%543,617
Chile8.60%19,212,361
Uruguay8.80%3,485,151
Indonesia9.80%276,361,783
Thailand9.90%69,950,850
Czech Republic10.10%10,724,555
Iceland10.10%343,353
Mauritius10.30%1,273,433
Iran10.90%85,028,759
Finland11.60%5,548,360
Slovenia12.0%2,078,724
Canada12.10%38,067,903
Slovakia12.20%5,460,721
Hungary12.30%9,634,164
Australia12.40%25,788,215
Denmark12.50%5,813,298
Saudi Arabia12.70%35,340,683
Solomon Islands12.70%703,996
Vanuatu12.70%314,464
Russia12.90%145,912,025
Norway12.90%5,465,630
Netherlands13.20%17,173,099
Austria13.30%9,043,070
France13.40%65,426,179
Uzbekistan14.10%33,935,763
Albania14.30%2,872,933
Turkey14.40%85,042,738
Switzerland14.60%8,715,494
Cyprus14.70%1,215,584
Ireland14.90%4,982,907
Tunisia15.20%11,935,766
Poland15.40%37,797,005
Japan15.70%126,050,804
Jordan15.70%10,269,021
Germany16.0%83,900,473
Belgium16.40%11,632,326
Israel16.90%8,789,774
Bosnia And Herzegovina16.90%3,263,466
Sweden17.10%10,160,169
Malta17.10%442,784
Portugal17.20%10,167,925
South Korea17.40%51,305,186
Namibia17.40%2,587,344
Cambodia17.70%16,946,438
United States17.80%332,915,073
Greece17.90%10,370,744
Laos18.30%7,379,358
Croatia18.30%4,081,651
Luxembourg18.30%634,814
United Kingdom18.60%68,207,116
Iraq18.90%41,179,350
Botswana19.30%2,397,241
Georgia19.50%3,979,765
Brazil19.90%213,993,437
Jamaica19.90%2,973,463
Peru20.20%33,359,418
Italy20.30%60,367,477
Samoa20.30%200,149
Hong Kong20.40%7,552,810
Lithuania20.60%2,689,862
Spain20.70%46,745,216
Dominican Republic21.0%10,953,703
Costa Rica21.0%5,139,052
Djibouti21.10%1,002,187
Uganda21.40%47,123,531
Philippines21.60%111,046,913
Estonia21.70%1,325,185
Kiribati21.80%121,392
India21.90%1,393,409,038
North Macedonia21.90%2,082,658
Panama22.10%4,381,579
Kyrgyzstan22.40%6,628,356
Tonga22.50%106,760
Bulgaria22.60%6,896,663
El Salvador22.80%6,518,499
Latvia22.90%1,866,942
Moldova23.0%4,024,019
Ghana23.40%31,732,129
Ethiopia23.50%117,876,227
Armenia23.50%2,968,127
Montenegro23.60%628,053
Romania23.80%19,127,774
Paraguay24.20%7,219,638
Pakistan24.30%225,199,937
Bangladesh24.30%166,303,498
Serbia24.30%8,697,550
Myanmar24.80%54,806,012
Nicaragua24.90%6,702,385
Palau24.90%18,169
Ecuador25.0%17,888,475
Saint Lucia25.0%184,400
Nepal25.20%29,674,920
Tajikistan26.30%9,749,627
Tuvalu26.30%11,931
Tanzania26.40%61,498,437
Colombia27.0%51,265,844
Lebanon27.40%6,769,146
Mongolia28.40%3,329,289
Palestine29.20%5,222,748
Mauritania31.0%4,775,119
Grenada32.0%113,021
Angola32.30%33,933,610
Egypt32.50%104,258,327
Venezuela33.10%28,704,954
Gabon33.40%2,278,825
Fiji34.0%902,906
Bolivia34.60%11,832,940
Guyana35.0%790,326
Syria35.20%18,275,702
Argentina35.50%45,605,826
Kenya36.10%54,985,698
Cameroon37.50%27,224,265
Rwanda38.20%13,276,513
Zimbabwe38.30%15,092,171
Benin38.50%12,451,040
Seychelles39.30%98,908
Ivory Coast39.50%27,053,629
Papua New Guinea39.90%9,119,010
Nigeria40.10%211,400,708
Belize41.30%404,914
Burkina Faso41.40%21,497,096
Timor Leste41.80%1,343,873
Mexico41.90%130,262,216
Mali42.10%20,855,735
Chad42.30%16,914,985
Comoros42.40%888,451
Guinea43.70%13,497,244
Mozambique46.10%32,163,047
Sudan46.50%44,909,353
Senegal46.70%17,196,301
Honduras48.30%10,062,991
Yemen48.60%30,490,640
Gambia48.60%2,486,945
Lesotho49.70%2,159,079
Liberia50.90%5,180,203
Malawi51.50%19,647,684
Zambia54.40%18,920,651
Afghanistan54.50%39,835,428
Togo55.10%8,478,250
South Africa55.50%60,041,994
Sierra Leone56.80%8,141,343
Haiti58.50%11,541,685
Eswatini58.90%1,172,362
Guatemala59.30%18,249,860
Central African Republic62.0%4,919,981
Burundi64.90%12,255,433
Sao Tome And Principe66.70%223,368
Eritrea69.0%3,601,467
Guinea Bissau69.30%2,015,494
Madagascar70.70%28,427,328
Equatorial Guinea76.80%1,449,896
South Sudan82.30%11,381,378

Poverty Rate By Country 2021