In a new report by the World Poverty Clock, Nigeria has overtaken India as the country with the most extreme poor people in the world – 86.9 million people, with the number increasing by six people every minute.
The report added that the Democratic Republic of the Congo could soon take over the number 2 spot.
By the end of 2018 in Africa as a whole, there will probably be about 3.2 million more people living in extreme poverty than there are today, the report added.
The report stated that with the rate people living in extreme poverty is reducing, it’ll be extremely difficult to achieve SDG 1 – No Poverty.
Each April and October, the World Poverty Clock data are updated to take into account new household surveys (an additional 97 surveys were made available this April) and new projections on country economic growth from the International Monetary Funds’s World Economic Outlook. These form the basic building blocks for poverty trajectories computed for 188 countries and territories, developed and developing, across the world.
See the top nations below:
Nigeria – 86.9m
India – 71.5m
Democratic Republic of Congo – 60.9m
Ethiopia – 23.9m
Tanzania – 19.9m
Mozambique – 17.8m
Bangladesh – 17m
Kenya – 14.7m
Indonesia – 14.2m
Uganda – 14.2m
Photo Credit: Brookings Institute