Poverty - Statistics & Facts

Poverty can be defined as the state of a person or a group of people that lacks a specified amount of money or material possessions. The World Bank defines poverty more specifically as follows: “Poverty is pronounced deprivation in well-being, and comprises many dimensions. It includes low incomes and the inability to acquire the basic goods and services necessary for survival with dignity. Poverty also encompasses low levels of health and education, poor access to clean water and sanitation, inadequate physical security, lack of voice, and insufficient capacity and opportunity to better one’s life.”

The World Bank definition follows the concept of absolute poverty. This approach is usually used to measure poverty in developing countries, where poverty is often a matter of subsistence. According to this concept, poverty is defined as follows: extreme poverty is living on less than 1.25 U.S. dollars a day (Purchasing Power Parity) and moderate poverty is living on less than 2 U.S. dollars a day. Developed countries normally report poverty rates based on relative poverty. Relative poverty is typically determined based on a certain percentage of a society’s median income. Every person living of an income underneath this poverty line is considered poor.

The U.S. Census Bureau follows a similar approach when calculating the poverty rate of the United States. According to this measure, 13.5 percent of the population lived in poverty in 2015. The child poverty rate in the United States was at 19.7 percent as of 2015, up from 16.2 percent in 2000. The poverty rate in the U.S. greatly varies across different ethnic groups. While only 9.1 percent of the white population lived below the poverty line in 2015, the poverty rates for Blacks and Hispanics were 24.1 and 21.4 percent respectively.

In other parts of the world the level of poverty is far more dramatic. In 2016, more than 792 million people worldwide suffered from hunger and malnutrition according to the United Nation’s Food and Agriculture Organization. While the situation is continuously improving in South and East Asia, Sub-Saharan Africa still suffers from extremely high poverty levels. In addition to the high prevalence of HIV, malnutrition and extreme poverty are the main reasons for the low life expectancy in Africa compared to other regions of the world.

Read more

Poverty and Income in the United States - Important statistics

The whole topic in one document

Poverty and Income in the United States
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

The whole topic in one document

Poverty and Income in the United States
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

Recommended statistics

Infographics on the topic

Poverty Infographic - In-work poverty is outpacing employment in the UK
December foodbanks UKThe places most dependent on foodbanks UKIreland has a major issue with homeless issue

Infographics on the topic

Poverty Infographic - In-work poverty is outpacing employment in the UK
December foodbanks UKThe places most dependent on foodbanks UKIreland has a major issue with homeless issue

More interesting topics from the industry "Income & Expenditure"

More interesting topics from the industry "Income & Expenditure"

About Statista

Learn more about how Statista can support your business.

Request webinar

Any more questions?

Any more questions?

Get in touch with us quickly and easily. We are happy to help!

Get in touch with us quickly and easily. We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

News
News