10 Major Facts About Poverty Everyone Should Know
What to Know About Poverty:
10 Striking Facts Poverty is one of the most pressing issues of our time. It affects more than 800 million people worldwide, and it is estimated that more than 1.3 billion people live in extreme poverty. Here are 10 striking facts about poverty that everyone should know.
1. Poverty is a global issue, and it is increasing.
According to the World Bank,648 million people in the world, about eight percent of the global population, live in extreme poverty, which means they subsist on less than US$2.15 per day. This is the current international poverty line (IPL), the World Bank’s most widely reported measure of global poverty that reflects the median of poverty lines in low-income countries (LICs)..
2. Most of the world’s poorest live in developing countries.
Around 550 million people in Sub-Saharan Africa live in extreme poverty, and more than 400 million people in South Asia are poor.
3. Poverty is a gender issue.
Women are disproportionately affected by poverty, and they are more likely to live in poverty than men.
4. Poverty is a generational issue.
Children are more likely to be poor than adults, and poverty is a major cause of child mortality.
5. Poverty is linked to a lack of basic services.
Around 2.4 billion people lack access to basic sanitation, and 800 million people do not have access to safe drinking water.
6. Poverty is linked to a lack of education.
Around 264 million children of primary school age are not in school, and more than 750 million adults are illiterate.
7. Poverty is linked to a lack of healthcare.
Around 1.2 billion people lack access to basic health services, and 100 million people are pushed into extreme poverty due to health expenses.
8. Poverty is linked to malnutrition.
More than 820 million people are chronically undernourished, and around 155 million children under the age of five are stunted.
9. Poverty is linked to climate change.
Climate change is expected to drive an additional 100 million people into extreme poverty by 2030.
10. Poverty is linked to inequality.
The richest 1% of people in the world control 45% of the world’s wealth, while the bottom 50% of people control just 1%. These 10 facts about poverty provide a glimpse into the harsh realities of life for the world’s poorest people. Poverty is a complex and multifaceted issue, but it is clear that it must be addressed if we are to achieve a more equitable and prosperous world.
Conclusion
Poverty is a global issue, and it affects more than 800 million people worldwide. The facts outlined above demonstrate the far-reaching impact of poverty, and the need to address it. Poverty is linked to a lack of basic services, education, healthcare, and nutrition, as well as increasing inequality and the effects of climate change. It is clear that poverty must be addressed if we are to achieve a more equitable and prosperous world.
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