UNDP: Global Multi-dimensional Poverty Index 2023

Recently, the United Nations Development Programme (UNDP) has published the Global Multidimensional Poverty Index (MPI) with estimates for 110 countries. The analysis of trends from 2000 to 2022, focused on 81 countries with comparable data over time, reveals that 25 countries successfully halved their global MPI values within 15 years, showing that rapid progress is attainable.

About Global Multidimensional Poverty Index, 2023

  • Published on- July 11, 2023
  • Published by The United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford

Methodology

  • The global Multidimensional Poverty Index (MPI) is an international measure of acute multidimensional poverty covering over 100 developing countries.
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Key highlights

Global Scenario

  • As per report, 1.1 billion out of 6.1 billion people (just over 18%) live in acute multidimensional poverty across 110 countries.
  • Nearly two-thirds of all poor people (730 million people) live in middle-income countries.
  1. Although low-income countries constitute only 10% of the population included in the MPI, these are where 35% of all poor people reside.
  • Children under 18 years old account for half of MPI poor people (566 million)
  1. The poverty rate among children is 27.7%, while among adults it is 13.4%

India

  •  In India, 415 million people moved out of poverty during 2005/2006-2019/2021.
  • Incidence fell from 55.1 percent to 16.4 percent.
  • ‘India is among 25 countries, including Cambodia, China, Congo, Honduras, Indonesia, Morocco, Serbia, and Vietnam, that successfully halved their global MPI values within 15 years.