Connect with us


Nigeria Overtakes India To Become World’s Poorest Country



Which is the World’s Poorest Country? India is no longer the home to the largest population dwelling in extreme poverty. As per latest data, Nigeria has gone past India to become the nation with the largest number of people living in extreme poverty. After remaining on top for decades, India has been displaced by Nigeria to take the embarrassing spot. While India has 70.6 million people living in extreme poverty, the number in Nigeria goes up to 87 million.

This report was carried The Washington Post based on findings of the Brookings Institution. This analysis is based on per day income of citizens. People living in extreme poverty are defined as those who earn less than $ 1.90 day. This covers those who strive for even the most basic of things like food, shelter and clothing. The analysis also takes into account the parity in the purchasing power of citizens of different nations.

While the number of those living in extreme poverty in India is decreasing, however in Nigeria the number is quickly escalating. As per the estimations of the World Poverty Clock, the number of extremely poor people in India is going down by 44 per minute while in Nigeria it is shooting up by 6 people per minute.

Alarms Ringing For Africa

While this report of Brooking Institution brings a good news for India, it raises alarms for Nigeria at the same time as well as other African nations. Africans at present account for two-thirds of the world’s extremely poor population. If these trends are to continue then Africa will be home to nine-tenths of the world’s extremely poor population as noted by the Brookings.

Asia, on the other hand, has seen improvements. Asian nations including China, India, Indonesia, Vietnam and others have done well as per the findings of the Brookings Institution. This brings cheer for Asia as this hints at improved standards of living.

Must Read at EurAsian Times




usa-taiwan usa-taiwan
Asia Pacific2 hours ago

Amid China Threat, Taiwan’s First Homegrown Submarine To Be Equipped With US’ Torpedoes, Harpoon Missiles

Amid China’s muscle-flexing, Taiwan has started building its first indigenous submarine. The Island nation will be receiving imported components for...

EurAsian Region2 hours ago

Russian Army Receive 1st Batch Of Deadly ‘Terminators’ That Can Spread Terror On The Battleground

The Russian Ministry of Defense announced that its military had received the first batch of Terminator tank support fighting vehicle...

Featured5 hours ago

Did Russian Missiles ‘Hit’ F-35 ‘Stealth’ Fighter Jet Operated By The Israeli Air Force Over Syria?

The world has its eyes on the new American F-35 jet that has already cemented its place in the elite...

Chandrayaan-2 Chandrayaan-2
Asia Pacific8 hours ago

India’s Venus Orbiter ‘Shukrayaan’ May Get A Piggyback Ride On Heavy-Duty Rocket, GSLV-Mk III

In September, NASA administrator Jim Bridenstine had said it’s time to prioritize Venus, one of our closest planetary neighbors. His...

Featured10 hours ago

Pakistan Hits Out At India For War-Mongering Even During Covid-19 Pandemic

Pakistani foreign minister lambasted arch-rival India and – said that some countries, including India, defied international calls for peace and...

Asia Pacific10 hours ago

Chinese PLA Deploys ‘Assault Boats’ In Pangong Lake After Indian Army Stations MARCOS Commandos?

As Indian and Chinese diplomats and top military commanders are trying ways to disengage in the Ladakh region, there are...

rafale-jets rafale-jets
Asia Pacific13 hours ago

Indian Rafales ‘Far Superior’ To Pakistan’s JF-17 Thunder — Chinese Military Experts Make Rare Admission

In what seems to be a rare admission, Chinese experts have said that the French-built Rafale fighter jets, procured by...

china-moon-mission china-moon-mission
Featured13 hours ago

ISRO’s Chandrayaan Looks To Catch-Up In Space Race As China Surges Ahead With Chang’e-5 Moon Mission

China’s Chang’e-5 probe has successfully landed on the moon, in a landmark mission to bring lunar surface samples back to...

Americas22 hours ago

Why Is The US Constructing A New Military Base Right Next To Its Biggest Airbase Near China?

With its eyes on China, the US Department of Defense (DoD) will build an alternative military base on Tinian island,...

Americas23 hours ago

The US ‘Apple’ Turns Sour As China’s Xiaomi Heads For Global Domination In Smartphone Markets

Xiaomi replaced Apple for the first time to reach the third spot globally, after Samsung and Huawei, in the list...