10 Countries with the Lowest Poverty Rate in the World

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2. Cyprus

Poverty Rate (2021): 0%

Global Average Poverty Rate (2021): 9.5%

GDP per capita Growth Rate (2023): 10.58%

Even though the COVID-19 pandemic increased poverty within Cyprus, the country has managed to keep absolute poverty below the first international poverty line of $2.15, which is why it is one of the countries with the lowest poverty in the world.

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