Measured through a period of the last 30 years, Thailand has successfully improved the income of its people making it to the top 3 measured from large countries with more than 50 million citizens. The information was published by Gzeromedia on 17 June 2019 under the headline “Graphic Truth: The Biggest Winners Against Poverty”. The chart is based on information from the World Bank.
Thailand loses to China coming in as the winner and Vietnam coming in at 2nd. The information compares how the poverty rate has improved in countries with more than 50 million citizens. Thailand has successfully decreased citizens with income less than 165 THB per day down by 56.9% compared to the poverty rate from 1990 to 1995.
During the period from 1990 to 1995 Thailand had 63% of its citizens receiving an income of less than 165 THB per day, now in the year 2019, Thailand has only 9% of its citizens receiving less income than 165 THB per day. Although the number seems very small and almost impossible to live on. Outside of Bangkok and outside of the main cities in each province, a large proportion of Thai citizens are farmers whether it be rice farmers or other types of farmers. Many of the citizens live with their families making sharing possible.
The world average poverty rate has decreased by 21.1%. The winner China takes over all nations in improving the lives of their people with 71.1% average increase across the nation. Vietnam the first runner up comes in with an impressive number of 65.4%, followed by Thailand as second runner up.
Gzero states that compared to 30 years ago, at least a billion people have stepped out of poverty. This is a great step forward to a world where everyone can have equal opportunities in life and a possibility to design their own future.
FB Caption: During the period from 1990 to 1995 Thailand had 63% of its citizens receiving an income of less than 165 THB per day, but in 2019 Thailand has decreased the number to only 9%.
Source: Gzero Media, Workpoint News
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