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700 million people lives in extreme poverty (below $2.15 per day)
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12 comments
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@oliverweiss
20 Mar
charts_and_numbers
https://m.stacker.news/21971
Most of us doing just fine.
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82 sats
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@Undisciplined
20 Mar
That's a beautiful trendline.
I think a better description is something like "30 years ago 1/3 people lived in extreme poverty, today less than 1/10".
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4 replies
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@0xbitcoiner
20 Mar
FUN FACT
2011: Over twice as many poor people live in middle-income countries
OXFORD POVERTY & HUMAN DEVELOPMENT INITIATIVE Multidimensional Poverty Index 2011 - pdf
https://ora.ox.ac.uk/objects/uuid:3088bda4-c003-46d2-9240-3011ca728426/files/m25285207a42067bf96a095a4d90fdd13
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@oliverweiss
OP
20 Mar
I guess, the data could follow a normal distribution in this case.
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@0xbitcoiner
20 Mar
this ?
https://m.stacker.news/21989
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@oliverweiss
OP
20 Mar
Yep, something like this. Did you just draw a line on top of the bar plot? :)
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@0xbitcoiner
20 Mar
win Paint skills :)
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@Coinsreporter
20 Mar
I believe that more than this number are only living in South Asia. Mostly in Pakistan, Afganistan, Nepal, Bhutan, Myanmar and Bangladesh.
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@TheBTCManual
21 Mar
How is this data adjusted for inflation?
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@oliverweiss
OP
21 Mar
I would say it’s the International Poverty Line that is adjusted for inflation.
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@BlokchainB
21 Mar
Progress but still a long way to go
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@Bell_curve
20 Mar
And world population has grown since 1990.
6 billion to 8 billion today?
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@oliverweiss
OP
20 Mar
Could be. Still, $2.15 is ridiculously low. It’s like what families including working children earned per day in the US 100, 150 years ago.
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FUN FACT