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24/7 Wall St. 20 Nations With the Most Children Living in Extreme Poverty

“Extreme poverty remains a worldwide social and economic scourge. According to a report from the World Bank and UNICEF, 767 million people around the world live on less than $1.90 per day — a grossly inadequate sum of money to meet basic survival needs in most countries. Approximately half of the world’s extremely poor are children, and almost all of them live in just 20 countries. 24/7 Wall St. reviewed “Ending Extreme Poverty: a Focus on Children,” a briefing note published in October 2016 from the World Bank in partnership with UNICEF.  Data was used from 89 countries representing approximately 84% of the developing world’s population. If countries without data could be included, the estimated share of children around the world living in extreme poverty might have been far higher. Further, in many countries, $1.90 or even $5.00 per day is still too low for most households to meet basic needs. If each country’s poverty line were used to determine how many people live in poverty, the number would be much higher than the World Bank’s estimate…”

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