All of them are in sub-Saharan Africa, and partly in Asia (e.g. Afghanistan and Bangladesh). In addition, countries in “extreme (extreme) poverty”, i.e. living on less than $2.15 a day and with severe limitations on nutrition, housing and utilities, and infrastructure (so-called “multidimensional poverty”), are separately identified.
Twenty-six countries in the world are among the poorest. Notably, about 50% of the world’s population lives on less than $6.85 a day (the so-called “poverty threshold for developing countries”). At the same time, the number of people in the world living below the poverty line has remained almost unchanged since 1990.
All of these countries are either in debt distress or at very high risk of debt distress.
Moreover, in recent years, the decline in extreme poverty has slowed to a near standstill. And experts believe that 2020-2030 could be the “lost decade” for the poorest countries.
The World Bank estimates that it will take at least 30 years to bring the living standards of about 700 million people in the world out of “extreme poverty”.
The share of the RM population living below the international poverty line of 4.3 dollars per day at PPP (PPP). US$ 4.3 per day at PPP (Purchasing Power Parity)
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