Explore Austria's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks

Population Living Below $1.90 in Austria (2010 - 2021, %)

  • Austria had 0.55% of the population living below $1.90 in 2021
  • The percentage of population living below $1.90 in Austria decreased by 5.1% on a year-on-year basis in 2021
  • Between 2010-2021, the percentage of the population living below $1.90 in Austria increased by 10%

 Austria: Population Living Below $1.90

Population Living Below $1.90 in Austria

Austria had 0.55% of the population living below $1.90 in 2021. The percentage of the population living below $1.90 in Austria decreased by 5.1% on a year-on-year basis in 2021. Between 2010-2021, the indicator increased by 10%. The proportion of population living below $1.9 was highest during the years 2015 and 2016 and lowest in the year 2014, between 2010 and 2021.

This indicator refers to the percentage of the population of a country living on less than $1.90 a day on a 2011 Purchasing Power Parity basis.

Population Living Below $1.90: Global Scenario

According to GlobalData, the countries with the highest percentage of the population living below $1.90 in 2021 are Burundi, Madagascar, Malawi, South Sudan, the Democratic Republic of the Congo, Mozambique, Rwanda, Central African Republic, Zambia, and Togo.

Countries with the lowest percentage of the population living below $1.90 are Cyprus, Mauritius, Romania, Poland, Malta, Hungary, Finland, Greece, Thailand, and the Netherlands in 2021.

Between 2010 and 2021, Albania, Portugal, the United Kingdom, Egypt, South Sudan, Angola, Australia, Argentina, Austria, and Denmark were the countries with the highest growth in the population living below $1.90. Romania, Philippines, China, Guinea, Mauritius, Panama, Greece, Solomon Islands, Tunisia, and Croatia were the countries with the lowest growth between 2010 and 2021.

Impact of COVID-19 on Global Poverty Levels

According to the United Nations, the proportion of people worldwide living in extreme poverty decreased from 10.1% in 2015 to 9.3% in 2017, indicating that the number of people living on less than $1.90 per day declined from 741 million to 689 million.

The COVID-19 pandemic has increased the threats to progress raised by conflict and climate change. Estimates suggest that there were between 119 million and 124 million more poor people worldwide in 2020, with 60% of them living in Southern Asia. According to current estimates, the world's poverty rate will be 7% (or roughly 600 million people) in 2030.

Explore Austria's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Explore Austria's latest macroeconomic trends and forecasts to inform business strategy and pinpoint opportunities and risks Visit Report Store
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