povertyrates
nounUK /ˈpɒvəti reɪts/
US /ˈpɑːvərti reɪts/
Poverty rates are numbers that show how many people in a place are poor.
The poverty rates in the region have fallen since the new jobs arrived.
RELATED WORDS
OTHER MEANINGS
2. The percentage of a population living below the official poverty threshold.
Official poverty rates are calculated each year by the government.
3. A measure used by economists to compare living standards between countries.
Comparing poverty rates helps researchers understand global inequality.
4. Figures reported by charities to highlight financial hardship in communities.
The charity published poverty rates for each district in its annual report.