Search results
648 million people
- 648 million people in the world, about eight percent of the global population, live in extreme poverty, which means they subsist on less than US$2.15 per day.
blogs.worldbank.org › en › developmenttalkHalf of the global population lives on less than US$6.85 per ...
Preliminary estimates produced by researchers at the World Bank suggest that the number of people in extreme poverty rose by around 70 million in 2020 – the first substantial rise in a generation – and remains around 70-90 million higher than would have been expected in the pandemic’s absence.
People also ask
How many people are in extreme poverty in 2020?
What are the poverty estimates from the September 2020 povcalnet update?
How many people are living in extreme poverty in 2022?
Why are global poverty estimates increasing in 2023?
Oct 7, 2020 · It is estimated that 9.2% of the world population (689 million people) lived below the International Poverty Line (IPL) in 2017. More than 60% of the world’s poorest people live in Sub-Saharan Africa, which at 41% has the highest regional poverty rate.
The share and number of people living in extreme poverty; Total population living in extreme poverty by world region; Total shortfall from extreme poverty; Use of interpolation and extrapolation on Maddison GDP per capita data; Vaccination coverage vs. share in extreme poverty
Oct 26, 2022 · To track progress towards its goal of eradicating extreme poverty by 2030, the UN relies on World Bank estimates of the share of the world population that fall below the International Poverty Line. In September 2022, the figure at which this poverty line is set shifted from $1.90 to $2.15.
Apr 2, 2024 · In 2022, a total of 712 million people globally were living in extreme poverty, an increase of 23 million people compared to 2019. We cannot reduce poverty and inequality without also addressing intertwined global challenges, including slow economic growth, fragility and conflict, and climate change.
Mar 26, 2024 · We estimate that COVID-19 increased extreme poverty in the world, as measured by the international poverty line of $2.15, from 8.9 percent in 2019 to 9.7 percent in 2020 (see Figure 1). This is the first increase in global poverty in decades.
Mar 29, 2023 · At $6.85, the global poverty rate increases by 0.2 percentage points to 46.9 percent, representing 44 million people living in poverty. The upward revisions in poverty estimates at the higher lines are largely driven by South Asia and Sub-Saharan Africa.