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Rise in Conflicts Fuel Extreme Poverty - World Bank
- The World Bank released a June 27 report showing that 39 economies face conflict or instability, with 21 in active conflict, causing widespread poverty and economic loss.
- Since the early 2000s, the number of conflicts and associated deaths has increased more than threefold, leading to economic stagnation in affected areas and driving a rise in extreme poverty.
- The report indicates that severe conflicts resulting in the deaths of over 150 individuals per one million population are often followed by an approximate 20% reduction in GDP per capita over a five-year period, leading to deteriorating economic conditions.
- In 2025, 421 million people live on less than $3 a day in conflict zones, a figure projected to reach 435 million by 2030, with nearly two-thirds of these countries enduring conflict for 15+ years.
- The World Bank highlights the significant benefits of conflict prevention and plans to hold a major international summit in 2026 focused on closing financial shortfalls for rebuilding efforts and reducing poverty in affected areas.
14 Articles
14 Articles
War-torn nations face growing poverty and hunger crisis
WASHINGTON: The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are growing deadlier and more frequent. That is the sobering conclusion of the World Bank’s first comprehensive study of how 39 countries contending with “fragile and conflict-affected situations’’ have fared since the COVID-19 pandemic struck in
Extreme poverty rising fast in Nigeria, conflict-hit economies – World Bank - News360 Info - Breaking News, Nigerian News and Multimedia, World News.
The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The bank made this known in a statement released on Friday titled “Extreme Poverty is Rising Fast in Economies Hit by Conflict, Instability”, […] The post Extreme poverty rising fast in Nigeria, conflict-hit economies – World Bank appeared fi…
Extreme Poverty Rising Fast In Economies Hit By Conflict, Instability – World Bank
June 27, (THEWILL) – Conflict and instability are taking a devastating toll on the 39 economies afflicted by them, driving up extreme poverty faster than anywhere else, intensifying acute hunger, and pushing several key development goals farther out of reach, the World Bank stated in its latest report. The report, released on Friday, is the […] The post Extreme Poverty Rising Fast In Economies Hit By Conflict, Instability – World Bank appeared f…
Progress against poverty has stagnated for 15 years; the World Bank predicts that a group of countries will be home to 60% of people living in extreme poverty by the end of this decade; up to 420 million survive on less than US$3 a day in conflict-torn nations. Source of original article: United Nations (news.un.org). Photo […]
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