64% of World's Extreme Poor Live in Just 5 Countries (Includes Nigeria, China)

The World Bank Group (WBG) and the International Monetary Fund (IMF) continue to hold their annual spring meetings in Washington, D.C., this weekend. Thousands of government officials and and NGOs are there to discuss the global economy and international development.

Gearing up for the event, the WBG released a new report Thursday. It focuses on the progress that has been made in reducing global poverty, and what challenges remain.

Using the most recent data from 2010, the report shows that nearly two-thirds of the extremely poor — that is, those who live on less than $1.25 a day — live in just five countries: India, China, Nigeria, Bangladesh and the Democratic Republic of Congo.

The report also makes sure to note that there are smaller countries with very high extreme poverty rates, including Liberia, Burundi, Madagascar and Zambia. A more detailed version will be released later this year.

Global poverty as a whole is in decline. In 1990, 36% of the world's population lived in extreme poverty; in 2010, that number decreased to 18%. This year, the WBG President set an interim target to reduce global poverty to 9% by 2020.

The following chart, created by Statista, shows the five countries with the highest populations of people living in extreme poverty, as well as the percent of the world's total population living in each.

Posted: at 13-04-2014 10:25 PM (10 years ago) | Gistmaniac

 nawa ooh

Posted: at 13-04-2014 10:37 PM (10 years ago) | Hero

War need in Nigeria

Posted: at 13-04-2014 10:38 PM (10 years ago) | Upcoming

Aibeg make Una make sure say our leaders read dis ooo.

Posted: at 13-04-2014 10:52 PM (10 years ago) | Hero

Very bad for nigeria, up biafra!!

Posted: at 14-04-2014 12:37 AM (10 years ago) | Hero

Õĸ ooooo

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Posted: at 14-04-2014 02:21 AM (10 years ago) | Upcoming

SHAME ON AFRICA AND ITS LEADERS FOR THE CONTINENT HAVING THE MOST NUMBER OF NATIONS LISTED.

Posted: at 14-04-2014 02:51 AM (10 years ago) | Gistmaniac

Mr Biafra YOU ARE JUST A STUPID HUMAN BEING... WHAT DO YOU HAVE IN BIAFRA? IS BIAFRA A COUNTRY OR ANIMAL NAME.... I SEE YOU ARE IN ONE OF THOSE STUPID COUNTRY E.G MALAYSIA THAT IS WHY YOU CARELESS ABOUT YOUR PEOPLE TO SUFFER IN THAT BIAFRA OF YOURS YOU CALL A COUNTRY... YOU CAN GO TO HELL AND MAY GOD PUNISH YOUR LIFE WITH YOUR BIAFRA MOUTH..

Posted: at 14-04-2014 03:28 AM (10 years ago) | Newbie

stupid man must we biafrans be united with your animal kingdom call nigeria ,weather you like it or not biafra must be librated  from zoo called nigeria

Posted: at 14-04-2014 08:11 AM (10 years ago) | Upcoming

Sad true.... 

Posted: at 14-04-2014 09:34 AM (10 years ago) | Upcoming