Poverty rates in OECD countries 2016
Poverty rates in OECD countries as of 2016
Out of all OECD countries, the United States had the highest poverty rate as of 2016, at 17.8 percent. The country with the second highest poverty rate was Israel, with 17.7 percent.
The significance of the OECD
The OECD, or the Organisation for Economic Co-operation and Development, was founded in 1948 and is made up of 36 member countries. It seeks to improve the economic and social well-being of countries and their populations. The OECD looks at issues that impact people’s everyday lives and proposes policies that can help to improve the quality of life.
Poverty in the United States
In 2016, there were 40.6 million people living below the poverty line in the U.S. About 21 percent of the African American population lived in poverty in 2017, the most out of any ethnicity. In addition, more young women lived in poverty than young men. It is clear that poverty in the United States is a complex, multi-faceted issue that affects millions of people and will require a solution for the country to move forward.
Poverty rates in OECD countries as of 2016
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| Percentage of population | |
|---|---|
| United States | 17.8% |
| Israel | 17.7% |
| Turkey* | 17.2% |
| Lithuania | 16.9% |
| Latvia | 16.8% |
| Mexico** | 16.7% |
| Chile* | 16.1% |
| Japan* | 15.7% |
| Estonia | 15.7% |
| Spain | 15.5% |
| Greece | 14.4% |
| Korea* | 13.8% |
| Italy | 13.7% |
| Portugal | 12.5% |
| Canada | 12.4% |
| Australia | 12.1% |
| Luxembourg | 11.1% |
| United Kingdom | 11.1% |
| New Zealand** | 10.9% |
| Poland | 10.3% |
| Germany * | 10.1% |
| Hungary ** | 10.1% |
| Ireland* | 9.8% |
| Austria | 9.8% |
| Belgium | 9.7% |
| Switzerland* | 9.1% |
| Sweden | 9.1% |
| Slovenia | 8.7% |
| Slovak Republic | 8.5% |
| Netherlands*** | 8.3% |
| France | 8.3% |
| Norway | 8.2% |
| Finland | 5.8% |
| Czech Republic | 5.6% |
| Denmark * | 5.5% |
| Iceland * | 5.4% |
Source
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