economics, human rights facts, poverty

Human Rights Facts (51): Dramatic Decrease in World Poverty

I already mentioned some data about the evolution of world poverty (see here). Also interesting is this study:

World poverty is falling. Between 1970 and 2006, the global poverty rate has been cut by nearly three quarters. The percentage of the world population living on less than $1 a day (in PPP-adjusted 2000 dollars) went from 26.8% in 1970 to 5.4% in 2006.

one dollar a day poverty rate

one dollar a day poverty rate from 1970 to 2006

And this is notwithstanding an increase of world population by 80% over the same time. Somehow you never hear about this from the overpopulation hysterics.

The decrease in poverty rates is mostly thanks to China:

From 1970 to 2006, poverty fell by 86% in South Asia, 73% in Latin America, 39% in the Middle East, and 20% in Africa.

The study also estimates relative poverty, not only absolute poverty, or – in other words – income inequality, which is also decreasing:

world gini coefficient from 1970 to 2006

world gini coefficient from 1970 to 2006

This is despite rising inequality in countries such as the U.S. (see here, here, and here). More on the gini coefficient here.

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8 thoughts on “Human Rights Facts (51): Dramatic Decrease in World Poverty

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  2. lionnel says:

    I dont like these graphs. Not a good way to represent data as far as i know.
    Even if the data might be correct they make it look like the decrease in poverty is massive, when its actually pretty low: they dont start from 0 and the gradation is in the decimals.

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