Introduction

Poverty rates serve as an essential indicator of a country’s socio-economic well-being and the living conditions of its population. They provide valuable insights into the extent of economic inequality and the effectiveness of poverty alleviation measures. Understanding global poverty rates allows us to identify regions and countries that require urgent attention and targeted interventions to uplift vulnerable populations.

While significant progress has been made in reducing global poverty over the past few decades, the challenge remains daunting. According to the World Bank, approximately 9.2% of the world’s population, or around 689 million people, were living in extreme poverty in 2020, defined as surviving on less than $1.90 per day. This figure represents a decline from 10% in 2015 but underscores the persistence of poverty as a global issue.

The distribution of poverty is uneven across regions, with Sub-Saharan Africa and South Asia being the most affected. These two regions account for the majority of the world’s poor, facing significant challenges related to limited access to basic services, inadequate infrastructure, political instability, and conflicts. However, poverty exists in varying degrees in every corner of the globe, including developed nations, where income inequality can still leave a substantial portion of the population struggling to meet their basic needs.

It is crucial to note that poverty is a multi-dimensional issue that goes beyond income levels. It encompasses inadequate access to education, healthcare, clean water, sanitation, and decent housing. Poverty also disproportionately affects certain demographic groups, such as women, children, ethnic minorities, and individuals with disabilities, further exacerbating social inequalities.

Countries by Poverty Rate

# Country Poverty Rate
1 Equatorial Guinea 76.8%
2 South Sudan 76.4%
3 Madagascar 70.7%
4 Guinea-Bissau 69.3%
5 Eritrea 69%
6 Burundi 64.9%
7 Democratic Republic of the Congo 63.9%
8 Central African Republic 62%
9 Guatemala 59.3%
10 Eswatini 58.9%
11 Haiti 58.5%
12 Sierra Leone 56.8%
13 South Africa 55.5%
14 Togo 55.1%
15 Afghanistan 54.5%
16 Zambia 54.4%
17 Malawi 51.5%
18 Liberia 50.9%
19 Lesotho 49.7%
20 Yemen 48.6%
21 Honduras 48.3%
22 Senegal 46.7%
23 Sudan 46.5%
24 Mozambique 46.1%
25 Guinea 43.7%
26 Comoros 42.4%
27 Chad 42.3%
28 Mali 42.1%
29 Mexico 41.9%
30 Burkina Faso 41.4%
31 Republic of the Congo 40.9%
32 Niger 40.8%
33 Nigeria 40.1%
34 Papua New Guinea 39.9%
35 Ivory Coast 39.5%
36 Benin 38.5%
37 Zimbabwe 38.3%
38 Rwanda 38.2%
39 Cameroon 37.5%
40 Bolivia 37.2%
41 Kenya 36.1%
42 Colombia 35.7%
43 Argentina 35.5%
44 Syria 35.2%
45 Gabon 33.4%
46 Venezuela 33.1%
47 Egypt 32.5%
48 Angola 32.3%
49 Mauritania 31%
50 Fiji 29.9%
51 Palestine 29.2%
52 Mongolia 28.4%
53 Lebanon 27.4%
54 Brazil 26.5%
55 Armenia 26.4%
56 Tanzania 26.4%
57 Tajikistan 26.3%
58 Tuvalu 26.3%
59 Seychelles 25.3%
60 Nepal 25.2%
61 Ecuador 25%
62 Saint Lucia 25%
63 Nicaragua 24.9%
64 Palau 24.9%
65 Myanmar 24.8%
66 Montenegro 24.5%
67 Bangladesh 24.3%
68 Pakistan 24.3%
69 Bulgaria 23.8%
70 Romania 23.8%
71 Ethiopia 23.5%
72 Paraguay 23.5%
73 Ghana 23.4%
74 Serbia 23.2%
75 Latvia 22.9%
76 El Salvador 22.8%
77 Tonga 22.5%
78 Panama 22.1%
79 India 21.9%
80 Kiribati 21.8%
81 Estonia 21.7%
82 Uganda 21.4%
83 Djibouti 21.1%
84 Costa Rica 21%
85 Dominican Republic 21%
86 Spain 20.7%
87 Lithuania 20.6%
88 Samoa 20.3%
89 Peru 20.2%
90 Italy 20.1%
91 Kyrgyzstan 20.1%
92 Jamaica 19.9%
93 Georgia 19.5%
94 Botswana 19.3%
95 Iraq 18.9%
96 United Kingdom 18.6%
97 Croatia 18.3%
98 Laos 18.3%
99 Greece 17.9%
100 United States of America 17.8%
101 Cambodia 17.7%
102 Luxembourg 17.5%
103 Namibia 17.4%
104 Portugal 17.2%
105 Malta 17.1%
106 Sweden 17.1%
107 Bosnia and Herzegovina 16.9%
108 Israel 16.9%
109 Philippines 16.7%
110 Switzerland 16%
111 Japan 15.7%
112 Jordan 15.7%
113 Poland 15.4%
114 Tunisia 15.2%
115 Belgium 14.8%
116 Germany 14.8%
117 Cyprus 14.7%
118 Turkey 14.4%
119 Albania 14.3%
120 Uzbekistan 14.1%
121 France 13.6%
122 Netherlands 13.6%
123 Austria 13.3%
124 Ireland 13.1%
125 People’s Republic of China 13%
126 Norway 12.7%
127 Solomon Islands 12.7%
128 Vanuatu 12.7%
129 Russia 12.6%
130 Denmark 12.5%
131 Australia 12.4%
132 Hungary 12.3%
133 Finland 12.2%
134 Slovenia 12%
135 Canada 11.6%
136 Mauritius 10.3%
137 Czech Republic 10.1%
138 Thailand 9.9%
139 Indonesia 9.4%
140 Iceland 8.8%
141 Uruguay 8.8%
142 Chile 8.6%
143 Bhutan 8.2%
144 Maldives 8.2%
145 Moldova 7.3%
146 Vietnam 6.7%
147 Azerbaijan 6%
148 Malaysia 5.6%
149 Algeria 5.5%
150 Belarus 5%
151 Morocco 4.8%
152 Kazakhstan 4.3%
153 Sri Lanka 4.1%
154 Ukraine 1.1%

Countries With Highest Poverty Rates

The ten countries with the highest poverty rates in the world are Equatorial Guinea, South Sudan, Madagascar, Guinea-Bissau, Eritrea, Burundi, the Democratic Republic of the Congo, the Central African Republic, Guatemala, and Eswatini. Equatorial Guinea tops the list with a poverty rate of 76.80%, followed closely by South Sudan at 76.40%. Madagascar ranks third with a poverty rate of 70.70%, while Guinea-Bissau and Eritrea hold the fourth and fifth positions with poverty rates of 69.30% and 69% respectively. Burundi and the Democratic Republic of the Congo follow closely with poverty rates of 64.90% and 63.90% respectively. The Central African Republic ranks eighth with a poverty rate of 62%, while Guatemala and Eswatini complete the top ten with poverty rates of 59.30% and 58.90% respectively.

The ten countries with the highest poverty rates are :

1. Equatorial Guinea – 76.80%
2. South Sudan – 76.40%
3. Madagascar – 70.70%
4. Guinea-Bissau – 69.30%
5. Eritrea – 69%
6. Burundi – 64.90%
7. Democratic Republic of the Congo – 63.90%
8. Central African Republic – 62%
9. Guatemala – 59.30%
10. Eswatini – 58.90%

Country With the Highest Poverty Rate

Equatorial Guinea currently holds the unfortunate distinction of having the highest poverty rate in the world. With a staggering poverty rate of 76.80%, the country faces significant challenges in ensuring the well-being of its population. Despite being one of the wealthiest nations in terms of GDP per capita in Africa, the benefits of the country’s vast oil wealth have not been equally distributed among its citizens. High levels of income inequality, coupled with limited access to basic services such as education, healthcare, and sanitation, contribute to the persistently high poverty rate in Equatorial Guinea.

Poverty Rate by Country

Afghanistan

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Ranked in the World

#15

With a poverty rate of 54.50%, Afghanistan ranks fifteenth. Decades of conflict, political instability, and limited infrastructure have hindered the country’s socio-economic progress, leading to widespread poverty and vulnerability for its population.

Albania

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Ranked in the World

#119

Algeria

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Ranked in the World

#149

Angola

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Ranked in the World

#48

Argentina

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Ranked in the World

#43

Armenia

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Ranked in the World

#55

Australia

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Ranked in the World

#131

Austria

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Ranked in the World

#123

Azerbaijan

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Ranked in the World

#147

Bangladesh

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Ranked in the World

#67

Belarus

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Ranked in the World

#150

Belgium

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Ranked in the World

#115

Benin

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Ranked in the World

#36

Bhutan

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Ranked in the World

#143

Bolivia

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Ranked in the World

#40

Bosnia and Herzegovina

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Ranked in the World

#107

Botswana

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Ranked in the World

#94

Brazil

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Ranked in the World

#54

Bulgaria

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Ranked in the World

#69

Burkina Faso

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Ranked in the World

#30

Burundi

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Ranked in the World

#6

With a poverty rate of 64.90%, Burundi is ranked sixth on the list. The country faces multiple challenges, including political instability, limited access to education and healthcare, and a high population density, which contributes to its high poverty levels.

Cambodia

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Ranked in the World

#101

Cameroon

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Ranked in the World

#39

Canada

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Ranked in the World

#135

Central African Republic

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Ranked in the World

#8

With a poverty rate of 62%, the Central African Republic holds the eighth position among countries with the highest poverty rates. The country faces numerous socio-economic challenges, including political instability and weak governance, hindering poverty alleviation efforts.

Chad

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Ranked in the World

#27

Chile

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Ranked in the World

#142

Colombia

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Ranked in the World

#42

Comoros

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Ranked in the World

#26

Costa Rica

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Ranked in the World

#84

Croatia

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Ranked in the World

#97

Cyprus

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Ranked in the World

#117

Czech Republic

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Ranked in the World

#137

Democratic Republic of the Congo

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Ranked in the World

#7

The Democratic Republic of the Congo ranks seventh with a poverty rate of 63.90%. Despite its abundant natural resources, the country faces a range of challenges, including conflict, corruption, and inadequate infrastructure, leading to widespread poverty.

Denmark

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Ranked in the World

#130

Djibouti

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Ranked in the World

#83

Dominican Republic

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Ranked in the World

#85

Ecuador

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Ranked in the World

#61

Egypt

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Ranked in the World

#47

El Salvador

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Ranked in the World

#76

Equatorial Guinea

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Ranked in the World

#1

Equatorial Guinea holds the unfortunate distinction of having the highest poverty rate in the world. With a poverty rate of 76.80%, the country faces significant challenges in ensuring the well-being of its population.

Eritrea

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Ranked in the World

#5

Eritrea ranks fifth among countries with the highest poverty rates, with a poverty rate of 69%. The country’s economy heavily relies on agriculture, which is vulnerable to climate change and natural disasters, exacerbating poverty and food insecurity.

Estonia

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Ranked in the World

#81

Eswatini

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Ranked in the World

#10

Eswatini, formerly known as Swaziland, completes the top ten with a poverty rate of 58.90%. Despite its rich cultural heritage, the country faces challenges related to high unemployment rates, limited economic opportunities, and a high prevalence of HIV/AIDS, impacting poverty levels.

Ethiopia

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Ranked in the World

#71

Fiji

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Ranked in the World

#50

Finland

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Ranked in the World

#133

France

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Ranked in the World

#121

Gabon

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Ranked in the World

#45

Georgia

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Ranked in the World

#93

Germany

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Ranked in the World

#116

Ghana

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Ranked in the World

#73

Greece

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Ranked in the World

#99

Guatemala

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Ranked in the World

#9

Ranked ninth, Guatemala has a poverty rate of 59.30%. The country grapples with issues such as income inequality, limited access to quality education and healthcare, and high levels of violence, which contribute to its high poverty levels.

Guinea

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Ranked in the World

#25

Guinea-Bissau

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Ranked in the World

#4

Guinea-Bissau holds the fourth position with a poverty rate of 69.30%. The country faces numerous challenges, including political instability, inadequate infrastructure, and limited access to education and healthcare, which contribute to its high poverty levels.

Haiti

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Ranked in the World

#11

Haiti ranks eleventh among countries with high poverty rates, with a poverty rate of 58.50%. The country has faced significant socio-economic challenges, including natural disasters, political instability, and limited access to basic services, which contribute to its persistent poverty levels.

Honduras

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Ranked in the World

#21

Hungary

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Ranked in the World

#132

Iceland

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Ranked in the World

#140

India

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Ranked in the World

#79

India, one of the world’s most populous countries, faces significant challenges in addressing poverty. With a poverty rate of 21.90%, India struggles to lift a substantial portion of its population out of poverty. Despite sustained economic growth in recent years, income inequality, limited access to quality education and healthcare, and regional disparities contribute to the persistence of poverty in various parts of the country.

Indonesia

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Ranked in the World

#139

Iraq

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Ranked in the World

#95

Ireland

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Ranked in the World

#124

Israel

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Ranked in the World

#108

Italy

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Ranked in the World

#90

Ivory Coast

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Ranked in the World

#35

Jamaica

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Ranked in the World

#92

Japan

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Ranked in the World

#111

Jordan

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Ranked in the World

#112

Kazakhstan

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Ranked in the World

#152

Kenya

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Ranked in the World

#41

Kiribati

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Ranked in the World

#80

Kyrgyzstan

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Ranked in the World

#91

Laos

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Ranked in the World

#98

Latvia

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Ranked in the World

#75

Lebanon

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Ranked in the World

#53

Lesotho

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Ranked in the World

#19

With a poverty rate of 49.70%, Lesotho ranks nineteenth. The country faces challenges such as high unemployment rates, limited economic diversification, and a high prevalence of HIV/AIDS, all of which contribute to its high poverty levels.

Liberia

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Ranked in the World

#18

Liberia holds the eighteenth position among countries with high poverty rates, with a poverty rate of 50.90%. The country faces challenges such as weak infrastructure, limited access to basic services, and a history of civil conflict, which contribute to its persistent poverty levels.

Lithuania

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Ranked in the World

#87

Luxembourg

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Ranked in the World

#102

Madagascar

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Ranked in the World

#3

With a poverty rate of 70.70%, Madagascar ranks third on the list. Despite its rich biodiversity and natural resources, the country faces widespread poverty due to limited access to basic services and economic opportunities.

Malawi

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Ranked in the World

#17

With a poverty rate of 51.50%, Malawi ranks seventeenth. The country faces challenges related to agricultural productivity, climate change impacts, limited access to education and healthcare, and widespread food insecurity, all of which contribute to its high poverty rates.

Malaysia

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Ranked in the World

#148

Maldives

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Ranked in the World

#144

Mali

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Ranked in the World

#28

Malta

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Ranked in the World

#105

Mauritania

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Ranked in the World

#49

Mauritius

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Ranked in the World

#136

Mexico

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Ranked in the World

#29

Moldova

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Ranked in the World

#145

Mongolia

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Ranked in the World

#52

Montenegro

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Ranked in the World

#66

Morocco

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Ranked in the World

#151

Mozambique

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Ranked in the World

#24

Myanmar

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Ranked in the World

#65

Namibia

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Ranked in the World

#103

Nepal

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Ranked in the World

#60

Netherlands

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Ranked in the World

#122

Nicaragua

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Ranked in the World

#63

Niger

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Ranked in the World

#32

Nigeria

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Ranked in the World

#33

Norway

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Ranked in the World

#126

Pakistan

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Ranked in the World

#68

Palau

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Ranked in the World

#64

Palestine

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Ranked in the World

#51

Panama

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Ranked in the World

#78

Papua New Guinea

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Ranked in the World

#34

Paraguay

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Ranked in the World

#72

People’s Republic of China

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Ranked in the World

#125

Peru

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Ranked in the World

#89

Philippines

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Ranked in the World

#109

Poland

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Ranked in the World

#113

Portugal

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Ranked in the World

#104

Republic of the Congo

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Ranked in the World

#31

Romania

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Ranked in the World

#70

Russia

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Ranked in the World

#129

Rwanda

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Ranked in the World

#38

Saint Lucia

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Ranked in the World

#62

Samoa

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Ranked in the World

#88

Senegal

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Ranked in the World

#22

Serbia

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Ranked in the World

#74

Seychelles

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Ranked in the World

#59

Sierra Leone

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Ranked in the World

#12

With a poverty rate of 56.80%, Sierra Leone occupies the twelfth position. The country faces challenges related to weak infrastructure, limited access to education and healthcare, and the lingering effects of a civil war, all of which contribute to its high poverty rates.

Slovenia

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Ranked in the World

#134

Solomon Islands

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Ranked in the World

#127

South Africa

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Ranked in the World

#13

South Africa ranks thirteenth with a poverty rate of 55.50%. Despite being the continent’s most developed economy, the country continues to grapple with high levels of income inequality, unemployment, and poverty, particularly in disadvantaged communities.

South Sudan

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Ranked in the World

#2

Ranked second among countries with the highest poverty rates, South Sudan struggles with a poverty rate of 76.40%. The country’s ongoing conflicts and political instability contribute to the dire living conditions experienced by a significant portion of its population.

Spain

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Ranked in the World

#86

Sri Lanka

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Ranked in the World

#153

Sudan

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Ranked in the World

#23

Sweden

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Ranked in the World

#106

Switzerland

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Ranked in the World

#110

Syria

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Ranked in the World

#44

Tajikistan

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Ranked in the World

#57

Tanzania

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Ranked in the World

#56

Thailand

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Ranked in the World

#138

Togo

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Ranked in the World

#14

Togo holds the fourteenth position with a poverty rate of 55.10%. The country faces challenges related to limited economic diversification, low agricultural productivity, and inadequate access to essential services, contributing to its high poverty levels.

Tonga

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Ranked in the World

#77

Tunisia

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Ranked in the World

#114

Turkey

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Ranked in the World

#118

Tuvalu

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Ranked in the World

#58

Uganda

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Ranked in the World

#82

Ukraine

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Ranked in the World

#154

United Kingdom

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Ranked in the World

#96

United States of America

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Ranked in the World

#100

Uruguay

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Ranked in the World

#141

Uzbekistan

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Ranked in the World

#120

Vanuatu

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Ranked in the World

#128

Venezuela

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Ranked in the World

#46

Vietnam

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Ranked in the World

#146

Yemen

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Ranked in the World

#20

Yemen completes the top twenty with a poverty rate of 48.60%. The country’s ongoing conflict, political instability, and limited access to basic services have created a severe humanitarian crisis, leading to widespread poverty and food insecurity for its population.

Zambia

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Poverty Rate

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Ranked in the World

#16

Zambia occupies the sixteenth spot with a poverty rate of 54.40%. Despite being rich in natural resources, the country faces challenges such as high unemployment rates, limited access to quality education and healthcare, and inadequate infrastructure, contributing to its high poverty levels.

Zimbabwe

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Poverty Rate

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Ranked in the World

#37

FAQs

What percentage of the world lives in poverty ?

As of 2020, approximately 9.2% of the world’s population, or around 689 million people, were living in extreme poverty. This figure represents individuals living on less than $1.90 per day. While this percentage signifies progress compared to previous years, it underscores the ongoing challenge of poverty on a global scale.