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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: +0.2% Q4 2019
Consumer price inflation: 2.3% January 2020
Trade (G20): -0.1% exp, -1.3% imp, Q4 2019
Unemployment: 5.1% January 2020
Last update: 11 March 2020

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