What is the story about?
What's Happening?
A report by the World Literacy Foundation reveals a 2.2% increase in global illiteracy rates over 2024 and 2025, with 773 million people unable to read. Released on International Literacy Day, the report highlights that 61% of children from low socioeconomic backgrounds lack access to books, and two billion people struggle with basic reading. The economic impact of illiteracy is estimated at $1.4 trillion annually. The report emphasizes the importance of literacy for economic growth and societal development, noting disparities in literacy rates across regions, with Sub-Saharan Africa having the highest illiteracy rates.
Why It's Important?
The rise in global illiteracy poses significant challenges for economic development and social progress. Literacy is crucial for individuals to participate in economic and democratic processes, access information, and make informed decisions. The report calls for increased efforts from governments, NGOs, and private sectors to address literacy gaps, highlighting the potential economic benefits of investing in literacy. Technology is identified as a key tool in improving literacy rates, offering access to e-books and online resources. Addressing illiteracy is vital for reducing poverty and inequality, particularly in developing regions.
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