Poverty Rate By Country 2020

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, medical facilities, access to clean water, and job opportunities that will help their financial situation. Unfortunately, many people in poverty are too poor to afford education or are stuck in areas that do not have 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 median household income of the total population. The ten countries with the highest poverty rates are:

  1. South Africa (26.6%)
  2. Costa Rica (20.9%)
  3. Israel (17.9%)
  4. United States (17.8%)
  5. Korea (17.4%)
  6. Turkey (17.2%
  7. Lithuania (16.9%)
  8. Latvia (16.8%)
  9. Mexico (16.6%)
  10. Chile (16.5%)

South Africa ha the highest poverty rate in the world of 26.6%. South Africa has the largest wealth inequality gap in the world, 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. 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 that have a pre-tax income under $25,700 are considered to be living in poverty. Some regions and cities in the United 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, there are still 736 million people living in extreme poverty, surviving on less than $1.90 per day. 413 million of these people live in sub-Saharan Africa. Organizations such as World Bank and World Vision are actively working to reduce poverty around the world.

Poverty Rate By Country 2020

Country Population 2020
China1,439,323,776
India1,380,004,385
United States331,002,651
Indonesia273,523,615
Pakistan220,892,340
Brazil212,559,417
Nigeria206,139,589
Bangladesh164,689,383
Russia145,934,462
Mexico128,932,753
Japan126,476,461
Ethiopia114,963,588
Philippines109,581,078
Egypt102,334,404
Vietnam97,338,579
Dr Congo89,561,403
Turkey84,339,067
Iran83,992,949
Germany83,783,942
Thailand69,799,978
United Kingdom67,886,011
France65,273,511
Italy60,461,826
Tanzania59,734,218
South Africa59,308,690
Myanmar54,409,800
Kenya53,771,296
South Korea51,269,185
Colombia50,882,891
Spain46,754,778
Uganda45,741,007
Argentina45,195,774
Algeria43,851,044
Sudan43,849,260
Ukraine43,733,762
Iraq40,222,493
Afghanistan38,928,346
Poland37,846,611
Canada37,742,154
Morocco36,910,560
Saudi Arabia34,813,871
Uzbekistan33,469,203
Peru32,971,854
Angola32,866,272
Malaysia32,365,999
Mozambique31,255,435
Ghana31,072,940
Yemen29,825,964
Nepal29,136,808
Venezuela28,435,940
Madagascar27,691,018
Cameroon26,545,863
Ivory Coast26,378,274
North Korea25,778,816
Australia25,499,884
Niger24,206,644
Taiwan23,816,775
Sri Lanka21,413,249
Burkina Faso20,903,273
Mali20,250,833
Romania19,237,691
Malawi19,129,952
Chile19,116,201
Kazakhstan18,776,707
Zambia18,383,955
Guatemala17,915,568
Ecuador17,643,054
Syria17,500,658
Netherlands17,134,872
Senegal16,743,927
Cambodia16,718,965
Chad16,425,864
Somalia15,893,222
Zimbabwe14,862,924
Guinea13,132,795
Rwanda12,952,218
Benin12,123,200
Burundi11,890,784
Tunisia11,818,619
Bolivia11,673,021
Belgium11,589,623
Haiti11,402,528
Cuba11,326,616
South Sudan11,193,725
Dominican Republic10,847,910
Czech Republic10,708,981
Greece10,423,054
Jordan10,203,134
Portugal10,196,709
Azerbaijan10,139,177
Sweden10,099,265
Honduras9,904,607
United Arab Emirates9,890,402
Hungary9,660,351
Tajikistan9,537,645
Belarus9,449,323
Austria9,006,398
Papua New Guinea8,947,024
Serbia8,737,371
Israel8,655,535
Switzerland8,654,622
Togo8,278,724
Sierra Leone7,976,983
Hong Kong7,496,981
Laos7,275,560
Paraguay7,132,538
Bulgaria6,948,445
Libya6,871,292
Lebanon6,825,445
Nicaragua6,624,554
Kyrgyzstan6,524,195
El Salvador6,486,205
Turkmenistan6,031,200
Singapore5,850,342
Denmark5,792,202
Finland5,540,720
Republic Of The Congo5,518,087
Slovakia5,459,642
Norway5,421,241
Oman5,106,626
Palestine5,101,414
Costa Rica5,094,118
Liberia5,057,681
Ireland4,937,786
Central African Republic4,829,767
New Zealand4,822,233
Mauritania4,649,658
Panama4,314,767
Kuwait4,270,571
Croatia4,105,267
Moldova4,033,963
Georgia3,989,167
Eritrea3,546,421
Uruguay3,473,730
Bosnia And Herzegovina3,280,819
Mongolia3,278,290
Armenia2,963,243
Jamaica2,961,167
Qatar2,881,053
Albania2,877,797
Puerto Rico2,860,853
Lithuania2,722,289
Namibia2,540,905
Gambia2,416,668
Botswana2,351,627
Gabon2,225,734
Lesotho2,142,249
Macedonia2,083,374
Slovenia2,078,938
Guinea Bissau1,968,001
Latvia1,886,198
Bahrain1,701,575
Equatorial Guinea1,402,985
Trinidad And Tobago1,399,488
Estonia1,326,535
Timor Leste1,318,445
Mauritius1,271,768
Cyprus1,207,359
Swaziland1,160,164
Djibouti988,000
Fiji896,445
Reunion895,312
Comoros869,601
Guyana786,552
Bhutan771,608
Solomon Islands686,884
Macau649,335
Montenegro628,066
Luxembourg625,978
Western Sahara597,339
Suriname586,632
Cape Verde555,987
Maldives540,544
Malta441,543
Brunei437,479
Guadeloupe400,124
Belize397,628
Bahamas393,244
Martinique375,265
Iceland341,243
Vanuatu307,145
French Guiana298,682
Barbados287,375
New Caledonia285,498
French Polynesia280,908
Mayotte272,815
Sao Tome And Principe219,159
Samoa198,414
Saint Lucia183,627
Guam168,775
Curacao164,093
Kiribati119,449
Micronesia115,023
Grenada112,523
Saint Vincent And The Grenadines110,940
Aruba106,766
Tonga105,695
United States Virgin Islands104,425
Seychelles98,347
Antigua And Barbuda97,929
Isle Of Man85,033
Andorra77,265
Dominica71,986
Cayman Islands65,722
Bermuda62,278
Marshall Islands59,190
Northern Mariana Islands57,559
Greenland56,770
American Samoa55,191
Saint Kitts And Nevis53,199
Faroe Islands48,863
Sint Maarten42,876
Monaco39,242
Turks And Caicos Islands38,717
Saint Martin38,666
Liechtenstein38,128
San Marino33,931
Gibraltar33,691
British Virgin Islands30,231
Palau18,094
Cook Islands17,564
Anguilla15,003
Tuvalu11,792
Wallis And Futuna11,239
Nauru10,824
Saint Barthélemy9,877
Saint Pierre And Miquelon5,794
Montserrat4,992
Falkland Islands3,480
Niue1,626
Tokelau1,357
Vatican City801