20 Countries with the Lowest Slum Population in the World [Yahoo! Finance]
Lowe's Companies, Inc. (LOW)
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Source: Yahoo! Finance
If you would like to skip our detailed analysis of slum populations, you can directly go to 5 Countries with the Lowest Slum Population in the World We have previously covered the definition of slums when discussing countries with the largest slum populations . In a nutshell, slums are impoverished urban areas that are densely populated and tightly packed. They are characterized by a lack of adequate fundamental services such as water and sanitation. For a more in-depth definition and analysis, you can take a look at our earlier article. According to UN-Habitat's data , 24% of the world's population lived in slums in 2018, which amounted to more than one billion people. Why Do Slums Develop? According to the World Bank , rising conflicts can contribute to excessive pressure on cities, as 50% of forcibly displaced individuals find refuge in urban areas, often in slums and informal settlements. According to the Cities Alliance , slums develop due to two main reasons: rapid rural-t
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