Every twelfth person in the world still lives in extreme poverty. That means surviving on less than $2.15 per day (adjusted for differences in living costs between countries).
Global military spending hit $2.7 trillion last year, according to the latest data by the Stockholm International Peace Research Institute (SIPRI), Statista reports.
South Korea, together with Hong Kong, Macau and Puerto Rico, is one of only a few places in the world with a fertility rate below 1, data by the World Bank shows, Statista reports.
After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates, the International Monetary Fund said in its latest World Economic Outlook.
When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere, the International Monetary Fund (IMF) said in a blog. Migration has always been an integral part of humanity’s history and success.
The Trump administration's recent move to impose tariffs on Chinese, Mexican and Canadian goods as well as steel and aluminium imports in general is once again breaking with long-standing US trade policy, Statista reports.
The world's population has more than doubled over the last 60 years, but global food production has managed to keep up, Our World in Data (OWID) reports.
Foreign farmers and agricultural workers are increasingly migrating to South Africa from neighbouring countries, attracted by higher wages and better opportunities.
The United States imposed a fresh wave of sanctions on Iran’s oil sector, targeting over 30 individuals and tankers, including the CEO of the National Iranian Oil Co. (NIOC), for facilitating the sale and transportation of Iranian crude.
Oil production plays an important role in the economy of many African countries. The chart shows oil rents as a percentage of gross domestic product (GDP) for the nine African nations most reliant on it, Our World in Data reports.