Friday, September 09, 2016

Poverty figures

The number of people living on less than $1.90 a day in developing countries is estimated to be 702 million in 2015.

Over 2.1 billion people in the developing world lived on less than $3.10 a day in 2012.

Poverty in Sub-Saharan Africa has hardly declined, standing at around 42.6% in 2012.

Moreover, many of the poor in this region are estimated to be very far below the poverty line as the average consumption of Africa’s poor is only about 70 cents a day—barely more than twenty years ago. 

A quarter of Africans are expected to still be deemed poor in 2030.

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