Tag Archives: Poor Economics

Percentage of the Population Living on $2 or Less a Day

surviving on a few dollars per day worldMIT economists Abhijit V. Banerjee and Esther Duflo, conducted surveys in developing nations to see which countries survive on a few dollars per day. The cities or countries where people are known to live on meager dollar amounts on a daily bases are not that surprising, but the percentage of the population living under these conditions is.

In Udaipur and Hyderabad (India) a staggering 94% of the population survive on $2 or less per day. In Bangladesh, 69.4% go on $2 or less per day. In Ghana, 67.7% survive on $2 or less per day. In Guatemala, 64.8% of the population survive on $2 or less per day.

Source: GOOD: Living on Less