Key Takeaways
- In 2022, approximately 712 million people worldwide lived in extreme poverty, defined as less than $2.15 per day in 2017 PPP terms
- The global extreme poverty rate fell from 38% in 1990 to 8.7% in 2022
- 44% of the world's extreme poor lived in just two countries, Nigeria and the Democratic Republic of Congo, in 2022
- Global Multidimensional Poverty Index (MPI) shows 1.1 billion in acute multidimensional poverty in 2019-2021
- 25 countries have 1/3 of multidimensionally poor population
- MPI intensity averages 44.5% across poor households globally
- Sub-Saharan Africa has 40% of global extreme poor, 429 million people
- In South Asia, 101 million in extreme poverty in 2022
- East Asia and Pacific has 23 million extreme poor, lowest regional rate
- 333 million children under 5 in extreme poverty globally in 2022
- 1 in 6 children worldwide lives in extreme poverty
- Women and girls are 15% more likely to be poor than men
- Extreme poverty declined from 36% in 1990 to 10% in 2015
- COVID reversed 3 years of progress, adding 97 million poor 2020-2021
- By 2030, projected 575 million still in extreme poverty, mostly SSA
Extreme poverty has dropped globally but remains deeply persistent in many regions.
Dimensions
- Global Multidimensional Poverty Index (MPI) shows 1.1 billion in acute multidimensional poverty in 2019-2021
- 25 countries have 1/3 of multidimensionally poor population
- MPI intensity averages 44.5% across poor households globally
- 584 million multidimensionally poor live in Sub-Saharan Africa
- 390 million in South Asia are multidimensionally poor
- Nutrition deprivation affects 57% of multidimensionally poor people
- 65% of multidimensionally poor lack access to clean cooking fuel
- 45% of poor lack sanitation, 35% lack clean water per MPI
- MPI covers 110 countries, 1.3 billion poor in 2023 update
- Child MPI shows 644 million children multidimensionally poor
- MPI in India: 234 million poor, 16.4% HDI
- In Pakistan, MPI 38.3%, affects 53 million
- Ethiopia MPI 67.5%, 70 million poor
- Nigeria MPI 32%, 67 million poor
- School attendance deprivation in 27% poor children globally
- Housing materials deprivation 56% among poor
- Assets deprivation affects 82% multidimensionally poor
- In SSA, 66% poor lack electricity
- South Asia 40% poor without sanitation
- Child undernutrition 25% in poor households MPI
- MPI global H=15.5%, affecting 1.1 billion
- 350 million poor in conflict countries MPI
- Drinking water deprivation 25% poor, sanitation 43%
- Child mortality deprivation 15% among poor
- Years of schooling <6 years for 33% poor adults
- In Latin America, MPI average 3.8%
- East Asia MPI 1.4%, lowest
- 67% poor deprived in at least 4 indicators
Dimensions Interpretation
Populations
- 333 million children under 5 in extreme poverty globally in 2022
- 1 in 6 children worldwide lives in extreme poverty
- Women and girls are 15% more likely to be poor than men
- Rural poverty rate is 17.2% vs urban 5.3% globally
- 80% of world's poor live in rural areas
- Indigenous peoples 19% more likely to be poor
- Elderly poor face higher rates in low-income countries, 20-30%
- People with disabilities twice as likely to be poor
- Youth unemployment exacerbates poverty for 1.3 billion under 25
- Female-headed households 10-20% poorer on average
- Refugees and IDPs: 70% in poverty
- Farmers comprise 75% of extreme poor
- 356 million children in extreme poverty in SSA alone
- In South Asia, 98 million children extreme poor
- Globally, 9% of children in extreme poverty vs 6% adults
- 50% of extreme poor are children under 18
- Adolescent girls 20% more deprived in education
- Rural children 3x more likely poor than urban
- 40 million children in conflict zones extreme poor
- Orphaned children 2x poverty risk
- Migrant children face 15% higher poverty
- Poor children 3x stunting rate
- 167 million girls not in school, poverty linked
- Poor households 2x dropout rate
- 815 million poor lack healthcare access
- Single mothers 30% higher poverty risk
- Ethnic minorities 2-3x poverty rates
- Urban slums house 1 billion poor
- Fishers and pastoralists 50%+ poverty
- Poor women work 2x hours unpaid
- SSA child poverty rose 20 million 2015-2022
Populations Interpretation
Prevalence
- In 2022, approximately 712 million people worldwide lived in extreme poverty, defined as less than $2.15 per day in 2017 PPP terms
- The global extreme poverty rate fell from 38% in 1990 to 8.7% in 2022
- 44% of the world's extreme poor lived in just two countries, Nigeria and the Democratic Republic of Congo, in 2022
- Between 2019 and 2022, extreme poverty increased by 70 million people due to COVID-19
- In 2019, 648 million people were in extreme poverty pre-COVID
- Global poverty headcount ratio at $2.15 a day was 9.2% in 2020
- 1.1 billion people live on less than $3.65 per day globally in 2022
- Nearly 700 million people endure extreme poverty in 2023 estimates
- Extreme poverty affects 8.5% of the world population as of latest PIP data
- In 2022, 2.8 billion people were moderately or severely food insecure, linked to poverty
- Nigeria's poverty increased 10 million 2018-2021
- Pakistan has 40% population below $3.65/day
- Yemen: 80% in poverty due to conflict
- Afghanistan: 23.7 million need aid, half in poverty post-2021
- Bangladesh: reduced extreme poverty to 0.9% by 2022
- Global moderate poverty ($3.65/day) affects 44% of population
- 3.5 billion live below $6.85/day upper-middle line
- In SSA, 59% below $2.15/day
- 1.2 billion in acute food insecurity linked to poverty
- In 2022, 700 million in extreme poverty, stable post-COVID
- Madagascar highest poverty rate 77.3% at national line
- South Sudan 76% extreme poverty
- Central African Republic 71% poverty
- Burundi 65% extreme poor
- Rwanda reduced poverty from 77% to 38% 2006-2017
- Global $6.85/day poverty 47%
- 4.2 billion below $10/day living wage line
Prevalence Interpretation
Regions
- Sub-Saharan Africa has 40% of global extreme poor, 429 million people
- In South Asia, 101 million in extreme poverty in 2022
- East Asia and Pacific has 23 million extreme poor, lowest regional rate
- Latin America and Caribbean: 25 million extreme poor at $2.15/day
- Middle East and North Africa: 40 million in extreme poverty
- Europe and Central Asia: under 3 million extreme poor
- In Nigeria, 87 million in extreme poverty, world's highest
- India reduced extreme poor from 16% to 12% 2011-2019
- DRC has 75 million extreme poor
- Ethiopia: 25 million extreme poor despite growth
- In Sub-Saharan Africa, poverty rate is 35% at $2.15/day
- Haiti: 59% extreme poverty, highest in LAC
- Madagascar: 80% below $2.15/day
- Mozambique: 63% extreme poor
- Niger: 45% extreme poverty rate
- Burkina Faso: 37 million multidimensionally poor
- Tanzania: 26% extreme poverty, 15 million people
- Uganda: 21 million below poverty line
- Zambia: 54% poverty rate national line
- Malawi: 71% below $2.15/day
- Sierra Leone: 53% extreme poverty
- In West Asia, 7 million extreme poor
- China: <1% extreme poverty now
- Brazil: 5% extreme poverty
- Indonesia: 9.5% national poverty
- Philippines: 18% poverty rate
- Vietnam: reduced to 5% extreme poverty
- Ghana: 24% below $2.15/day
- Kenya: 34% extreme poverty
Regions Interpretation
Trends
- Extreme poverty declined from 36% in 1990 to 10% in 2015
- COVID reversed 3 years of progress, adding 97 million poor 2020-2021
- By 2030, projected 575 million still in extreme poverty, mostly SSA
- Annual decline in poverty rate slowed to 0.6% pre-COVID from 1.1%
- SDG 1.1 target: eradicate extreme poverty by 2030 unlikely
- $3.65/day poverty projected to affect 3.5 billion by 2030
- Climate change may push 100 million more into poverty by 2030
- Social protection reached 52% of extreme poor in 2020s, up from 18%
- East Asia lifted 784 million out of poverty since 1981
- Global poverty rate halved between 1990-2015
- In 2023, 47% decline in extreme poverty since 1990
- Sub-Saharan Africa poverty rate rose from 54% in 1990 to peak then 35% now
- South Asia poverty dropped 70% since 1990
- 689 million extreme poor in 2019, peaked at 759m in 2020
- In 2023, extreme poverty rate at 8.5%
- Extreme poverty rate dropped 1% annually 2013-2019
- By 2015, 1 billion lifted out since 1990
- China alone lifted 800 million since 1978
- India: 415 million escaped poverty 2005-2021
- SSA needs to halve poverty every 5 years for SDG
- Conflict drives 75% of poverty increase since 2015
- Digital financial services reduced poverty 2% in poor countries
- Cash transfers cut poverty 10% in recipient countries
- Remittances $831 billion to low/middle income, poverty buffer
- Global poverty fell 20% 2010-2019
- By 2030, 7.3% extreme poverty if trends continue
- Universal basic income pilots cut poverty 20-30%
- Microfinance reaches 140 million poor
- Agriculture growth reduces poverty 1.6x more in poor countries
Trends Interpretation
Sources & References
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