Kelci Melinda

Income Inequality And Poverty Articles 2024. Today, 8.5 percent of the world lives in extreme poverty (those living on less than $2.15 per person per day) (figure 1, panel a). This is the first increase in global.

Between 2019/20 and 2021/22, the average person in poverty had an income 29% below the poverty line, with the gap up from 23% between 1994/95 and 1996/97. In fact, in this country the one per cent’s share of income has fallen since 2007, whether you look at market income, total income (earnings plus government transfers) or after.