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Brazil is the largest country in South America and has a low to moderate poverty rate [citation needed]. Poverty in Brazil is concentrated in the north-eastern region of the country, with 60% of the country's poorest. The majority of those in poverty are of Afro-Brazilian heritage. [23] Over 8.9 million Brazilians live on less than $2 a day. [24]
The new extreme poverty line of $2.15 per person per day is based on 2017 PPPs. [7] This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty. About 692 million people globally were in this situation in 2024. [8]
Map of the Latin American countries by Human Development Index in 2021. The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, knowledge, and a decent standard of living.
Flemish people also emigrated at the end of the fifteenth century, when Flemish traders conducted intensive trade with Spain and Portugal, and from there moved to colonies in America and Africa. [28] The newly discovered Azores were populated by 2,000 Flemish people from 1460 onwards, making these volcanic islands known as the "Flemish Islands".
According to the ECLAC, Latin America is the most unequal region in the world. [3] Inequality is undermining the region's economic potential and the well-being of its population, since it increases poverty and reduces the impact of economic development on poverty reduction. [4]
The World Bank Group aims to cure “extreme” poverty by financing development in the planet’s poorest places. It is an ambitious goal. More than 1 billion people around the world live on less than $1.25 a day. The IFC has said the developing world needs 600 million new jobs by 2020 just to keep up with surging population growth.
The system is organized so that the people living in upper layers (strata 5 and 6) pay more for services like electricity, water and sewage than the groups in the lower strata. [10] Critics of the system say that it impedes social mobility through stigmatization, while its proponents argue that it allows the poor to locate to areas where they ...
[2] [3] [4] The data is filtered according to the list of countries in South America. The values in the World Bank Group tables are rounded. All calculations are based on raw data, so due to the nuances of rounding, in some places illusory inconsistencies of indicators arose, with a size of 0.01 year.