According to 2012 data released on Wednesday by the U.S. Census Bureau, 15% of individuals in the United States live below the poverty line. While down from 15.1% last year, it remains statistically unchanged and near a record high. Today, more than 46 million people live in poverty in America, more than at any point in the countrys history.
However, compared to the poorest countries in the world, the poverty rate in the U.S. is relatively modest. In some countries, the poverty rate is more than five times the U.S. current figures. In Haiti, the highest in the world, 77% of residents live in poverty. Based on data from the World Bank, 24/7 Wall St. identified the 10 countries with the highest poverty rates.
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However, compared to the poorest countries in the world, the poverty rate in the U.S. is relatively modest. In some countries, the poverty rate is more than five times the U.S. current figures. In Haiti, the highest in the world, 77% of residents live in poverty. Based on data from the World Bank, 24/7 Wall St. identified the 10 countries with the highest poverty rates.
Read MORE »
