Angola poverty rate at 41%

Angola’s poverty rate stands at 41 percent, meaning that about 4 out of 10 Angolans have a consumption level below the poverty line of 12,181 kwanzas (21 U.S. dollars) per month, said the 2020 Poverty Report for Angola on Tuesday.

The poverty rate in rural areas is 57.2 percent, almost double that in urban areas, which is 29.8 percent, according to the report released by Angola’s National Statistics Institute.

Luanda has the lowest poverty rate of 20 percent, while Cunene Province and Moxico province have the highest rate of 62 percent, the report said.