SDG #1: No poverty

Foreign workers provide service to a customer at a booth for currency exchange and money transfers.     Credit : ILO/Apex Image  Date : 2009/07  Country : United Arab Emirates
Remittances—an important income source for millions of households—have become one of the largest forms of external financing for developing countries, with total inflows in 2023–2024 exceeding the combined value of net foreign direct investment inflows and official development assistance.
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This paper proposes using the existing Global Multidimensional Poverty Index for a global comparison for developing countries.
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The global economic outlook as of mid-2025 has deteriorated notably, according to the latest World Economic Situation and Prospects (WESP) update. Global growth is now forecast to slow to 2.4 per cent in 2025, down from 2.9 per cent in 2024 and 0.4 percentage points below the January forecast.
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Population ageing is a defining global trend of our time. People are living longer, and more are older than ever before.
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The paper examines whether the planned eradication of poverty to the year 2030 part of the SDG strategy is compatible with the expected trends in key economic variables such as GDP growth, population growth, income inequality and food prices.