World Day for the Eradication of Poverty falls on October 17th, providing an opportunity to promote understanding and dialogue between people living in poverty and society.

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The theme for World Day for the Eradication of Poverty in 2023 is “Decent Work and Social Protection: Dignity at Work for Everyone.” It is based on direct testimonies revealing that those trapped in extreme poverty often work long and exhausting hours in hazardous and unregulated conditions but still cannot earn sufficient income to adequately support themselves and their families.

This year’s theme calls for everyone to have access to decent work and social protection as a means to support human dignity for all people and emphasizes that decent work should empower individuals, provide fair wages, safe working conditions, and fundamentally recognize the inherent and human value of all workers.

According to the United Nations, “poverty is not just an economic issue but a multidimensional phenomenon that includes a lack of income and basic capabilities to live with dignity.”

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It mentions that people living in poverty experience various interconnected deprivations, including hazardous working conditions, unsafe housing, lack of nutritious food, inequality in accessing justice, and limited access to healthcare.

Facts and Figures about Poverty The United Nations highlights some important numbers related to the World Day for the Eradication of Poverty, including:

• Extreme poverty is defined as living on less than $2.15 per person per day based on the 2017 purchasing power parity.
• By the end of 2022, it was expected that 575 Million People of the world’s population (up to 670 million people) would live in extreme poverty.
• Approximately 7% of the world’s population (about 575 million people) may find themselves trapped in extreme poverty by 2030.
• In response to the cost of living crisis, 105 countries and territories announced nearly 350 social protection measures from February 2022 to February 2023.

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The United Nations Development Programme highlights some numbers regarding the global poverty crisis and steps to address it, noting:

• Global efforts to free people from the grip of poverty have achieved significant success, as the proportion of the world’s workers living in extreme poverty declined from 14.3% in 2010 to 7.1% in 2019.
• However, for one in every five global workers, a job does not guarantee decent living conditions.
• The COVID-19 pandemic reversed recent positive trends, which were later exacerbated by the devastating cost-of-living crisis that pushed millions of people into poverty worldwide.
• If current trends continue, approximately 7% of the world’s population will still be living in extreme poverty by the end of this decade.
• An analysis by the United Nations Development Programme found that 165 million people fell into poverty between 2020 and 2023, as debt servicing crowded out spending in critical areas such as social protection, health, and education.