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More than a billion people world-wide live in extreme poverty and preventable diseases are a major cause of mortality in developing countries, so why should we care about the environment? The answer becomes obvious once we recall that in developing countries activities based on natural resources, such as agriculture, forestry and fisheries, still contribute more to the economy than industry or services. And since many of the world’s poor depend directly on these activities for a living, environmental degradation hurts the poor disproportionately.

Economic data

GDP growth: +0.5% Q2 2019 year-on-year
Consumer price inflation: 1.9% August 2019 annual
Trade: +0.4% exp, -1.2% imp, Q1 2019
Unemployment: 5.1% August 2019
Last update: 9 September 2019

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