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9.1 percent
- About 97 million more people are living on less than $1.90 a day because of the pandemic, increasing the global poverty rate from 7.8 to 9.1 percent; 163 million more are living on less than $5.50 a day.
www.weforum.org › agenda › 2021How has COVID-19 impacted world poverty? - The World Economic ...
As a result of the revised data, the estimate of the global $1.90 headcount ratio for 2015 increases slightly from 9.94% to 9.98%, whereas the number of poor increases from 731.0 million to 734.5 million people, which is a small change relative to past updates.
- Poverty Overview: Development news, research, data | World Bank
In 2022, a total of 712 million people globally were living...
- COVID-19 leaves a legacy of rising poverty and widening ...
Between 2019 and 2021, the average income of the bottom 40...
- Poverty Overview: Development news, research, data | World Bank
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- Where Is This Data Sourced from?
- About The Comparability of Household Surveys
- Income vs Expenditure Surveys
- Other Comparability Issues
- Global and Regional Poverty Estimates
- Absolute vs Relative Poverty Lines
This data explorer is collated and adapted from the World Bank’s Poverty and Inequality Platform(PIP). The World Bank’s PIP data is a large collection of household surveys where steps have been taken by the World Bank to harmonize definitions and methods across countries and over time.
There is no global survey of incomes. To understand how incomes across the world compare, researchers need to rely on available national surveys. Such surveys are partly designed with cross-country comparability in mind, but because the surveys reflect the circumstances and priorities of individual countries at the time of the survey, there are som...
One important issue is that the survey data included within the PIPdatabase tends to measure people’s income in high-income countries, and people’s consumption expenditure in poorer countries. The two concepts are closely related: the income of a household equals their consumption plus any saving, or minus any borrowing or spending out of savings. ...
There are a number of other ways in which comparability across surveys can be limited. The PIP Methodology Handbookprovides a good summary of the comparability and data quality issues affecting this data and how it tries to address them. In collating this survey data the World Bank takes a range of steps to harmonize it where possible, but comparab...
Along with data for individual countries, the World Bank also provides global and regional poverty estimates which aggregate over the available country data. Surveys are not conducted annually in every country however – coverage is generally poorer the further back in time you look, and remains particularly patchy within Sub-Saharan Africa. You can...
This dataset provides poverty estimates for a range of absolute and relative poverty lines. An absolute poverty line represents a fixed standard of living; a threshold that is held constant across time. Within the World Bank’s poverty data, absolute poverty lines also aim to represent a standard of living that is fixed across countries (by converti...
- 15 countries lifted 800 million people out of extreme poverty. More than a third of the world lived in extreme poverty 30 years ago. Today, less than 10% of people live on $1.90 a day or less.
- 85% of the world’s poor live in South Asia and Sub-Saharan Africa. Half of the world’s 736 million extremely poor people lived in just 5 countries in 2015: India, Nigeria, Democratic Republic of Congo, Ethiopia, and Bangladesh, according to the most recent comprehensive data available.
- Climate change took to the streets. Millions of people in over 150 countries around the world took to the streets demanding urgent action on climate change in September, ahead of the United Nations Climate Action Summit in New York.
- 89% of the world’s population has access to electricity. Over the last decade, the number of people living without electricity has fallen from 1.2 billion in 2010, to 840 million in 2017, according to the 2019 Tracking SDG7 Report.
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.
Aug 27, 2023 · The poorest people today live in countries that have achieved no economic growth. This stagnation of the world’s poorest economies is one of the largest problems of our time. Unless this changes, hundreds of millions of people will continue to live in extreme poverty.
Oct 26, 2022 · Estimates of the share of people living in extreme poverty globally for 2019 – the latest available year – are slightly lower using the updated methodology: 8.4% as compared to 8.7%. That translates to 20 million fewer people living in extreme poverty.
Oct 7, 2021 · Between 2019 and 2021, the average income of the bottom 40 percent fell by 2.2 percent, while the average income of the top 40 percent fell by 0.5 percent. The decline in income has translated into a sharp increase in global poverty.
