July 25, 2021

46% of the world population lives with less $ 5.50 per day, according to the BM

46% of the world population lives with less $ 5.50 per day, according to the BM



46% of the world population, that is, 3.400 million people live on less than $ 5.50 a day, which means they have "great difficulties" to meet their basic needs, according to a World Bank (WB) report published today.

In its study, the WB establishes as parameters that having less than $ 3.20 a day means being in a situation of poverty in low middle income countries, while $ 5.50 is the limit amount that marks a condition of indigence.

In 2015, more than 1,900 million people, that is, 26.2% of the world's population, lived on less than $ 3.20 a day, while about 46% of the planet's inhabitants had less than 5, 50 dollars a day.

"Our goals are to end extreme poverty no later than 2030 and boost shared prosperity, and we remain committed to them," World Bank Group President Jim Yong Kim said in a statement.

Beyond measures of poverty in monetary terms, the document analyzes how access to adequate water and sanitation, education or electricity services affects the wellbeing of families.

In the case of the area of ​​the African region south of the Sahara, WB analysts determined that its poor inhabitants suffer deprivation in many aspects, such as low levels of consumption and lack of access to education and basic infrastructure services.

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