Belarus Poverty rate at national poverty line, 1960-2023 - knoema.com (2024)

FAQs

What is the poverty rate in Belarus? ›

Belarus poverty rate for 2020 was 1.30%, a 1.1% decline from 2019. Belarus poverty rate for 2019 was 2.40%, a 0.5% increase from 2018. Belarus poverty rate for 2018 was 1.90%, a 1.4% decline from 2017.

As a result, the poverty rate–that is, the proportion of all persons living in households whose total incomes were judged insufficient to meet minimum U.S. living standards–has fallen even more sharply, from 22 percent in 1959 to 15 percent in 1966.

The ten countries with the highest poverty rates in the world are Equatorial Guinea, South Sudan, Madagascar, Guinea-Bissau, Eritrea, Burundi, the Democratic Republic of the Congo, the Central African Republic, Guatemala, and Eswatini.

At 10.5%, 2019 saw the lowest poverty rate in the U.S. since records began, which was quickly reversed by the pandemic. The highest-ever poverty rate nationwide was back in 1959 when 22.4% of the population was living in poverty.

In 2021, International Trade Union Confederation listed Belarus among top 10 worst countries for working people in the world (Global Rights Index). Reasons for worsening of the situation included state repression of independent union activity, arbitrary arrests, and severe cases of limited or no access to justice.

Belarus Annual Household Income per Capita reached 4,693.348 USD in Dec 2022, compared with the previous value of 4,292.948 USD in Dec 2021. Belarus Annual Household Income per Capita data is updated yearly, available from Dec 1995 to Dec 2022, with an averaged value of 3,607.816 USD.

For the country as a whole, the average (median) income of familiesin1960 was $5,600; but, for families headed by persons 65 years and over, the average was only $2,900, according to estimates released today by the Bureau of the Census, Department of Comnerce.

In July 1963, Orshansky had published "Children of the Poor," describing an initial version of her poverty thresholds for families with children only; this article was cryptically referred to in the Council of Economic Advisers' January 1964 discussion of its $3,000/$1,500 poverty line.

Poverty, as defined by the official poverty measure, has decreased overall since President Lyndon B. Johnson's Declaration of War on Poverty, from 19.0 percent in 1964 to 14.8 percent in 2014.

Current International Dollars: 476 | View South Sudan's GDP & Economic Data. The very poorest of the world's poorest countries, South Sudan has been wracked by violence since its creation in 2011.

What is the 1 poorest country? ›

1. Burundi. Burundi consistently ranks among the poorest countries globally. Economic instability, political unrest, and reliance on subsistence agriculture contribute to its economic struggles.

Poverty rates were highest in the states of New Mexico (18.2%), Mississippi (17.8%), Louisiana (16.9%), Arkansas (15.9%), Kentucky (15.8%), Oklahoma (15.8%), and West Virginia (15.6%) and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%).

The latest annual data show: o An estimated 1,579,000 people in Ohio were poor – that was 13.9 percent of all persons for whom poverty status was determined, a poverty rate slightly greater than the national rate of 13.1 percent.

According to the U.S. Census Bureau, the national poverty rate was 12.4% in 2022, up from 11.2% in 2021. These states have the highest percentages of poverty in the country: Mississippi, Louisiana, West Virginia, New Mexico, Arkansas, Kentucky, Alabama, Oklahoma, Texas, and New York.

GDP per capita Growth Rate (2023): 10.17%

With a poverty rate of 0.3%, Estonia is one of the countries with the lowest poverty rates in the world. It also has a GDP per capita growth rate of 10.17%, which is among the highest on this list.

The biggest risk factors for both Belarusian men and women are alcohol consumption, tobacco use and a lack of exercise. Alcoholism is a Major Problem: Belarus is one of the heaviest alcohol consuming countries in the world.

South Sudan has the highest poverty rate at 82.3%, indicating severe economic challenges and a need for significant humanitarian and developmental aid. The United States, with a significant wealth inequality gap, has varying poverty rates, up to 17.8%, pointing to challenges even in the world's largest economy.

On the Human Development Index, which is a well-recognized tool for comparing the living standards in different countries, Belarus ranks 60^th out of 191 countries and is in top tier of countries with the very high level of human development, according to the UN classification.