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TwitterIn 2021, the poverty rate in Japan was **** percent. The rate had been on a downward trend since it peaked in 2012 at **** percent. The poverty rate refers to the ratio of the number of people whose income is less than half the median household income of the total population.
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TwitterOut of all OECD countries, Cost Rica had the highest poverty rate as of 2022, at over 20 percent. The country with the second highest poverty rate was the United States, with 18 percent. On the other end of the scale, Czechia had the lowest poverty rate at 6.4 percent, followed by Denmark.
The significance of the OECD
The OECD, or the Organisation for Economic Co-operation and Development, was founded in 1948 and is made up of 38 member countries. It seeks to improve the economic and social well-being of countries and their populations. The OECD looks at issues that impact people’s everyday lives and proposes policies that can help to improve the quality of life.
Poverty in the United States
In 2022, there were nearly 38 million people living below the poverty line in the U.S.. About one fourth of the Native American population lived in poverty in 2022, the most out of any ethnicity. In addition, the rate was higher among young women than young men. It is clear that poverty in the United States is a complex, multi-faceted issue that affects millions of people and is even more complex to solve.
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World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see pip.worldbank.org., World Bank ( WB ), uri: pip.worldbank.org, note: Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database.
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Facebook
TwitterIn 2021, the poverty rate in Japan was **** percent. The rate had been on a downward trend since it peaked in 2012 at **** percent. The poverty rate refers to the ratio of the number of people whose income is less than half the median household income of the total population.