Search results
Results From The WOW.Com Content Network
The estimates can therefore differ from other estimates, like the national poverty rate. Nigeria is the country with the most people living in extreme poverty worldwide since 2019, overtaking much more populous India. [1] The poverty rate in Nigeria remains one of the world's highest and is especially high in the north of the country.
Poverty is the lack of, or the inability to achieve socially acceptable standard of living. [34] Officially, there is no poverty line put in place for Nigeria but for the sake of poverty analysis, the mean per capita household is used. So, there are two poverty lines that are used to classify where people stand financially.
This article presents two lists of Nigerian states by Human Development Index (HDI), including the Federal Capital Territory. The first list from the Radboud University Nijmegen ranks the states by the international HDI-methology. The second list ranks the states by an own methology from the United Nations Development Programme.
Poverty may therefore also be defined as the economic condition of lacking predictable and stable means of meeting basic life needs. As a result of the adoption of the 2017 PPPs, the global poverty lines have been revised in 2022: The international poverty line, used to define extreme global poverty, was revised to US$2.15 from US$1.90. Poverty ...
Presenting its six-monthly update on development in Africa's most populous country, the organisation gave a GDP growth forecast for Nigeria of 1.9% in 2021 and 2.1% in 2022, compared with 3.4% ...
List of African countries by Human Development Index Rank Country Human Development Index (HDI) Region World 2022 data (2024 report) Change in HDI value 2023-2024 [3] Very high human development 1 67 Seychelles: 0.802 0.007 High human development 2 72 Mauritius: 0.796 0.006 3 92 Libya: 0.746 4 93 Algeria: 0.745 0.005 5 101 Tunisia: 0.732 0.003
The depth of poverty is the average 'gap' (G) between the level of deprivation poor people experience and the poverty cut-off line. M1 = H x A x G. Adjusted Squared Poverty Gap (M2): This measure reflects the incidence, intensity, and depth of poverty, as well as inequality among the poor (captured by the squared gap, S). M2 = H x A x S.
Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. [1]