Myanmar Population living below the poverty line – 2023 est.

Description: 

"Nearly half country below poverty line In the past six years the est. percentage of population living below the national poverty line, set at 1,590 MMK/Day (approx. 0.75 USD/Day), almost doubled, from the 24.8% of 2017 to the 49.7% of 2023, nearly half of Myanmar’s population (UNDP, 2024). In the same period, reduced labor productivity, lack of labor demand and high inflation, caused workers' earnings to decline by 15 percent in real terms (World Bank Myanmar Economic Monitor). As result of the combination of these factors, the estimated national median income per capita in 2023 was only 75,000 MMK per month (approx. 35 USD), which in rural areas is further reduced of an average 24%..."

Source/publisher: 

MA-UK Myanmar via Reliefweb (New York)

Date of Publication: 

2024-04-17

Date of entry: 

2024-04-17

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

Resource Type: 

text

Text quality: 

    • Good