This is a list of Nigerian states by poverty rate as of 2018. The international poverty rate used by the World Bank is used in the following list. 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 2018, 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.
Percent of population living on less than $2.15, $3.65 and $6.85 a day, international dollars (2017 PPP) as per the World Bank. [2]
| State | $2.15 | $3.65 | $6.85 | Year of estimate |
|---|---|---|---|---|
 Nigeria | 30.9% | 63.5% | 95.0% | 2018 |
| Taraba | 80.4% | 95.8% | 99.3% | 2018 |
| Sokoto | 79.9% | 95.7% | 99.2% | 2018 |
| Jigawa | 78.8% | 95.7% | 99.5% | 2018 |
| Ebonyi | 72.8% | 92.9% | 99.4% | 2018 |
| Adamawa | 63.7% | 92.7% | 99.1% | 2018 |
| Zamfara | 62.0% | 93.2% | 99.3% | 2018 |
| Yobe | 59.0% | 92.2% | 99.2% | 2018 |
| Niger | 55.3% | 86.9% | 98.7% | 2018 |
| Bauchi | 49.7% | 88.5% | 99.0% | 2018 |
| Gombe | 47.3% | 84.1% | 96.5% | 2018 |
| Nasarawa | 44.2% | 83.5% | 98.4% | 2018 |
| Plateau | 43.3% | 75.8% | 94.3% | 2018 |
| Katsina | 41.6% | 85.8% | 98.5% | 2018 |
| Kano | 40.9% | 79.3% | 96.6% | 2018 |
| Enugu | 39.9% | 85.8% | 98.6% | 2018 |
| Kebbi | 38.9% | 76.7% | 96.5% | 2018 |
| Kaduna | 37.3% | 68.6% | 91.6% | 2018 |
| Federal Capital Territory | 26.1% | 63.0% | 92.8% | 2018 |
| Cross River | 25.4% | 66.9% | 93.5% | 2018 |
| Benue | 21.5% | 59.2% | 92.0% | 2018 |
| Abia | 19.6% | 66.8% | 95.6% | 2018 |
| Imo | 19.3% | 58.5% | 94.2% | 2018 |
| Akwa Ibom | 18.4% | 55.4% | 88.6% | 2018 |
| Ekiti | 17.7% | 54.4% | 89.8% | 2018 |
| Kogi | 16.2% | 64.9% | 95.0% | 2018 |
| Rivers | 15.7% | 48.0% | 85.6% | 2018 |
| Bayelsa | 13.3% | 52.7% | 89.2% | 2018 |
| Kwara | 11.7% | 56.0% | 93.4% | 2018 |
| Anambra | 8.8% | 47.2% | 90.8% | 2018 |
| Edo | 8.8% | 35.3% | 83.5% | 2018 |
| Ondo | 6.7% | 41.9% | 89.2% | 2018 |
| Oyo | 5.5% | 33.0% | 78.3% | 2018 |
| Ogun | 5.0% | 30.3% | 81.2% | 2018 |
| Osun | 3.8% | 36.3% | 86.0% | 2018 |
| Delta | 2.9% | 25.5% | 72.1% | 2018 |
| Lagos | 1.3% | 15.5% | 66.7% | 2018 |
The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 39th-largest economy in the world in terms of nominal GDP, the second largest in Africa and the 27th-largest in terms of purchasing power parity.
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries.
The poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult. The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries.
The standard of living in India varies from state to state. In 2021, extreme poverty was fully eradicated to as low as 0.8% and India is no longer the nation with the largest population under poverty.
Poverty in Australia deals with the incidence of relative poverty in Australia and its measurement. Relative income poverty is measured as a percentage of the population that earns less in comparison to the median wage of the working population.
Poverty in India remains a major challenge despite overall reductions in the last several decades as its economy grows. According to an International Monetary Fund paper, extreme poverty, defined by the World Bank as living on US$1.9 or less in purchasing power parity (PPP) terms, in India was as low as 0.8% in 2019, and the country managed to keep it at that level in 2020 despite the unprecedented COVID-19 outbreak. According to World Bank, extreme poverty has reduced by 12.3% between 2011 and 2019 from 22.5% in 2011 to 10.2% in 2019. A working paper of the bank said rural poverty declined from 26.3% in 2011 to 11.6% in 2019. The decline in urban areas was from 14.2% to 6.3% in the same period.The poverty level in rural and urban areas went down by 14.7 and 7.9 percentage points, respectively. According to United Nations Development Programme administrator Achim Steiner, India lifted 271 million people out of extreme poverty in a 10-year time period from 2005–2006 to 2015–2016. A 2020 study from the World Economic Forum found "Some 220 million Indians sustained on an expenditure level of less than Rs 32 / day—the poverty line for rural India—by the last headcount of the poor in India in 2013."
The economy of Ivory Coast is stable and currently growing, in the aftermath of political instability in recent decades. The Ivory Coast's economy is largely market-based and depends heavily on the agricultural sector. Almost 70% of the Ivorian people are engaged in some form of agricultural activity. GDP per capitaArchived 4 May 2012 at the Wayback Machine grew 82% in the 1960s, reaching a peak growth of 360% in the 1970s, but this proved unsustainable and it shrank by 28% in the 1980s and a further 22% in the 1990s. This decline, coupled with high population growth, resulted in a steady fall in living standards. The Gross national product per capita, now rising again, was about US$727 in 1996. It was substantially higher two decades before.
Bangladesh is an under-devoloped nation. Despite rapid economic growth, poverty remains a major issue. However, poverty has declined sharply in recent history. Shortly after its independence, approximately 90% of the population lived under the poverty line. However, since economic reforms and trade liberalization of early 1990s, along with accelerated economic growth since early-2000s, Bangladesh have experienced a dramatic progress in reducing poverty. The remarkable progress in poverty alleviation has been recognized by international institutions. According to World Bank, more than 33 million Bangladeshi people have been lifted out of poverty since 2000; as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.
Nigeria had one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report that was released in July 2019 by the World Bank. Following the oil price collapse in 2014–2016, combined with negative production shocks, the gross domestic product (GDP) growth rate dropped to 2.7% in 2015. In 2016 during its first recession in 25 years, the economy contracted by 1.6%. Nationally, 43 percent of Nigerians live below the poverty line, while another 25 percent are vulnerable. For a country with massive wealth and a huge population to support commerce, a well-developed economy, and plenty of natural resources such as oil, the level of poverty remains unacceptable. However, poverty may have been overestimated due to the lack of information on the extremely huge informal sector of the economy, estimated at around 60% more, of the current GDP figures. As of 2018, the population growth rate is higher than the economic growth rate, leading to a slow rise in poverty. According to a 2018 report by the World Bank, almost half the population is living below the international poverty line, and unemployment peaked at 23.1%.
Poverty in Niger is widespread and enduring in one of the world's most impoverished countries. In 2015, the United Nations (UN) Human Development Index ranked Niger as the second least-developed of 188 countries. Additionally, in 2015 the Global Finance Magazine ranked Niger 7th among the twenty-three poorest countries in the world. Two out of three residents live below the poverty line and more than 40 percent of the population earn less than $1 a day. Civil war, terror, illness, disease, poverty and hunger plague Niger. Hunger is one of the most significant problems the population faces daily. With a national population of 19,899,120, 45.7% of this population live below the poverty line.
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