Malawi’s poverty rate has been a critical dilemma, especially in its rural areas. Although the following issues below contribute to Malawi’s poverty rate, a great focus remains on promoting growth and improving Malawians’ standard of living.
7 Facts about Malawi’s Poverty Rate
- Malawi’s poverty rate has remained stubbornly high. More than half of the country’s population, about 52 percent, live on less than $0.32 per day.
- Malawi has a population of 6.8 million children, which is about 51 percent of the total population. Around 4 million of those children are among the poor, and poverty hits them the hardest. Intense poverty threatens their health, education and safety.
- The average life expectancy for Malawian’s has improved in recent years. Life expectancy for women increased from 49 years in 2005 to 63 years as of 2016. For men, life expectancy has increased from 47 years to now 58 years.
- As of 2013, Malawi, also known as the Republic of Malawi, is the 18th least developed country in the world. Despite this status, Malawi has improved its rural poverty rate from 44 percent in 2011 to 40.9 percent in 2013– an especially admirable feat considering the presence of conflicts that undermine years of progress.
- Malawi’s poverty rate in urban areas is 20 percent. However, the country ranked 170 out of 188 countries on the 2016 Human Development Index of the United Nations Development Program.
- Malawi’s people living in rural areas make up 85 percent of its population, making its economy largely based on agriculture. A decline in agriculture production due to droughts caused Malawi’s gross domestic product growth to slow from 5.7 percent growth to 2.5 percent in 2016. An estimate of 6.5 million people will require food assistance due to recent droughts.
- The International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, has dedicated more than $160 million to 11 programs in Malawi to promote agricultural growth in an effort to reduce poverty.
Malawi is slowly developing despite its many conflicts. Malawi’s poverty rate is decreasing and progress is being made towards improving agriculture more and more every day. With these developments, Malawians have the potential to achieve economic independence.
– Brandi Gomez