Poverty

According to the World Inequality Report 2018, inequality within world regions varies greatly. In 2016, the share of total national income accounted for by just that nation’s top 10% earners (top 10% income share) was 37% in Europe, 41% in China, 46% in Russia, 47% in US-Canada, and around 55% in sub-Saharan Africa, Brazil, and India. In the Middle East, the world’s most unequal region according to our estimates, the top 10% capture 61% of national income.

45.3

Million People in the U.S.

Officially poor. According to the most recent data from 2013, US poverty rate is 14.5 percent of the population, with 45.3 million people officially poor. Among the poor, 19.9 million people are in deep poverty, defined as income below 50 percent of the poverty threshold.

U.S. Economic Inequality

Households in the lowest quintile had incomes of $24,638 or less in 2017. Households in the second quintile had incomes from $24,639 to $47,110, those in the third quintile had incomes from $47,111 to $77,552, and those in the fourth quintile had incomes from $77,553 to $126,855. Households in the highest quintile had incomes of $126,856 or more. The top 5 percent of households in the income distribution had incomes of $237,035 or more. Source: US Census Bureau

1.2

Billion People

Live in extreme poverty (less than US $1.25/day), (World Bank)

Global Economic Inequality

People living on less than $1.90-a-day, Extreme Poverty, International Poverty Line, World Bank's Upper Middle-Income and Lower Middle-Income country poverty lines correspond to $5.50 and $3.20 per person per day, Middle class defined as earning between $13 and $70-a-day (2011 PPP). [Source: The World Bank]

All People Deserve a Life of Prosperity