Published on Oct 21, 2024
Current Affairs
Global Multidimensional Poverty Index
Global Multidimensional Poverty Index

According to the 2024 Global Multidimensional Poverty Index (MPI) report, approximately 1.1 billion people live in acute multidimensional poverty, with 455 million residing in conflict-affected regions. This report was jointly released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).

 The report contains updated data from 112 countries and over 1,359 subnational regions.

South Asian countries in the MPI 2024 report:

 India: 0.105 MPI value, with 234 million people living in multidimensional poverty (23.8% incidence)

 Pakistan: 0.198 MPI value, with 93 million people living in poverty (38.3% incidence)​

 Nepal: 0.092 MPI value, with about 7.5 million people living in poverty (22.5% incidence).

 Bangladesh: 0.104 MPI value, with 41.7 million people living in poverty (24.6% incidence).