What percentage of Bolivia lives poverty?

Approximately 39 percent of Bolivians live in poverty, one of the highest rates in South America. The Bolivian government’s work toward a stronger economy has helped reduce poverty from 59 percent, but poverty rates remain significantly higher in rural areas. Most of Bolivia’s people live in rural villages.

Is poverty a problem in Bolivia?

Bolivia is a state plagued with inequality and inadequate development, making it the poorest nation in South America. Poverty affects the majority of the population, with almost 40 percent of Bolivians living in extreme poverty.

Is Bolivia the poorest country in the world?

Bolivia is the second poorest country in South America in terms of GDP per capita. The per capita income in the country was $3,682 in 2018 according to the records of the International Monetary Fund. … Santa Cruz de la Sierra is the financial and economic hub of Bolivia.

Which country has the highest percentage of poverty?

Out of all OECD countries, Cost Rica had the highest poverty rate as of 2019, at 19.9 percent. The country with the second highest poverty rate was Hungary, with 17.9 percent as of 2018. The OECD, or the Organisation for Economic Co-operation and Development, was founded in 1948 and is made up of 36 member countries.

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Is Bolivia poor or rich?

Bolivia is one of the poorest and most unequal countries in Latin America. This article discusses several dimensions of Bolivia’s poverty, including income poverty and inequality, lack of access to safe water and sanitation, high infant mortality, malnutrition, and a lack of basic infrastructure.

Which country is richest country?

World’s 5 Richest Nations By GDP Per Capita

  • Luxembourg. GDP per capita: $131,781.72. GDP: $84.07 billion. …
  • Switzerland. GDP per capita: $94,696.13. GDP: $824.74 billion. …
  • Ireland. GDP per capita: $94,555.79. GDP: $476.66 billion. …
  • Norway. GDP per capita: $81,995.39. GDP: $444.52 billion. …
  • United States.

Who is the poorest country in Asia?

Poorest Asian Countries 2021

  1. North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651. …
  2. Nepal. Nepal is the second-poorest country in Asia. …
  3. Tajikistan. …
  4. Yemen. …
  5. Kyrgyzstan. …
  6. Cambodia. …
  7. Myanmar. …
  8. Syria.

What country has no poverty?

Again, we see the Scandinavian countries having the lowest rates of child poverty, with Denmark seeing only 2.9 percent of its children falling into poverty. Finally, the third column indicates the poverty gap, which is defined as the percentage by which the average income of the poor falls below the poverty line.

What is the country with the lowest level of poverty?

Country Comparison > Population below poverty line

Rank Country Population below poverty line (%)
1 Syria 82.5
2 Zimbabwe 72.3
3 Madagascar 70.7
4 Sierra Leone 70.2

Where does America rank in poverty?

The United States has the fourth-highest poverty rate of 17.8%.

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