What's New

The real price of food has risen dramatically in 21st century, with the FAO food price index peaking at an all-time high in March 2022 at 116% above its 2000 value (Figure 1). While food inflation has long been a cause of concern for nutrition agencies in low- and middle-income countries (LMICs), new evidence is shedding light on the potential impacts of rising food prices on child malnutrition in LMICs.

Figure 1

An estimated 122 million more people around the world faced hunger in 2022 than in 2019, according to the 2023 State of Food Security and Nutrition in the World (SOFI) report, released in December. While progress in reducing hunger was made in Asia and Latin America between 2021 and 2022, hunger continued to rise in Africa, as well as in Western Asia and the Caribbean.

If these trends continue, the report’s authoring organizations[1] warn, the world will not be able to achieve the Sustainable Development Goal of ending hunger by 2030.

Global and Regional Trends

This post is part of a series examining key issues involving climate and agrifood systems tied to the 2023 UN Climate Change Conference (COP28) in Dubai (November 30-December 12). To learn more about IFPRI’s engagement at the Conference, visit our COP28 Spotlight page. 

The Global Report on Food Crises (GRFC) 2023 Midyear Update finds that while some countries have seen improvements in hunger and malnutrition in the first half of 2023, high levels of acute food insecurity remain worldwide. As in previous years, conflict, climate change, and economic shocks continue to be the main drivers of food crisis, with conflict playing the predominant role from January through August 2023.

The number of people facing hunger around the world has increased by more than 122 million from 2019, according to the newly released annual State of Food Security and Nutrition in the World (SOFI) report, , a joint publication by the UN Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), UNICEF, World Food Programme, and World Health Organization (WHO).