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Overview of global poverty
736 million people live in extreme poverty. About half of the world’s poor, around 368 million, live in just five countries: India, Nigeria, the Democratic Republic of the Congo, Ethiopia and Bangladesh.
In developing regions, one in 10 people live on less than $1.90 a day.
An estimated 2.5 billion people lack access to improved sanitation (more than 35 percent of the world’s population).
One billion people live without electricity and hundreds of millions more live with unreliable or expensive power.
Poverty reduction rates are expected to slow down over the next decade.
According to the report, launched today in Kampala, about 30% of Ugandans were poor in 2019/20, a percentage only slightly lower than 31% in 2012/13.
The poverty rate used in the World Bank study is based on revisions made to the poverty line by the Uganda Bureau of Statistics in 2021
In developing regions, one in 10 people live on less than $1.90 a day.
An estimated 2.5 billion people lack access to improved sanitation (more than 35 percent of the world’s population).
One billion people live without electricity and hundreds of millions more live with unreliable or expensive power.
Poverty reduction rates are expected to slow down over the next decade.
Poverty in Uganda
Uganda is currently ranked 94 of the major economies. If this is calculated using purchasing power parity, Uganda falls among the poorest countries in the world. Inflation in Uganda in 2022 was around 7.20%. Within the EU, the average in the same year was 8.83 percent.According to the report, launched today in Kampala, about 30% of Ugandans were poor in 2019/20, a percentage only slightly lower than 31% in 2012/13.
The poverty rate used in the World Bank study is based on revisions made to the poverty line by the Uganda Bureau of Statistics in 2021
