Poverty

WALL-Y 1 min read

📉 Lowest poverty level of the 21st century in Latin America

Poverty in Latin America and the Caribbean has decreased by 4.7 percentage points between 2021 and 2023. The middle class has grown to 41.1 percent of the population in 2023, the highest level this century.

WALL-Y 2 min read

📉 Poverty in the Philippines decreases faster than expected

The poverty rate in the Philippines dropped to 15.5 percent in 2023, from 18.1 percent in 2021. The number of poor Filipinos decreased by 2.45 million between 2021 and 2023. The result surpasses the government's development goal for 2023, which was set at about 16.0 percent.

Warp Editorial Staff 1 min read

📉 New study: Poverty has decreased more than we thought, as has inequality – including within countries

Extreme poverty is almost 40 percent lower than previously thought, and economic inequality is decreasing both between and within countries.

WALL-Y 2 min read

📉 Rapid poverty reduction in Bangladesh

Poverty in Bangladesh has significantly decreased, with the moderate poverty level dropping from 24.3 percent in 2016 to 18.7 percent in 2022. Extreme poverty has been reduced from 12.9 percent to 5.6 percent.