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Multidimensional Poverty Index 2023
July 14 , 2023
491 days
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- The global Multidimensional Poverty Index (MPI) was released by the UNDP and the Oxford Poverty and Human Development Initiative (OPHI).
- 1.1 billion out of 6.1 billion people (just more than 18%) live in acute multidimensional poverty across 110 countries.
- Sub-Saharan Africa (534 million) and South Asia (389 million) are home to approximately five out of every six poor people.
- Nearly two-thirds of all poor people (730 million people) live in middle-income countries.
- Although low-income countries constitute only 10% of the population included in the MPI, these are where 35% of all poor people reside.
- Children under the age of 18 account for half of MPI-poor people (566 million).
- The poverty rate among children is 27.7%, while among adults, it is 13.4%.
- Poverty predominantly affects rural areas, with 84% of all poor people living in rural areas.
- Rural areas are poorer than urban areas across all regions of the world.
- Cambodia, Peru, and Nigeria showed significant reductions in their most recent periods.
- In Cambodia, the most encouraging case among these, the incidence of poverty fell from 36.7% to 16.6%.
- It halved the number of poor people, from 5.6 million to 2.8 million, all within 7.5 years.
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