Key Takeaways
- In 2022, approximately 712 million people worldwide lived in extreme poverty, defined as living on less than $2.15 per day (2017 PPP)
- As of 2023 estimates, 8.5% of the global population is in extreme poverty, down from 10% in 2019
- Sub-Saharan Africa accounts for 67% of the world's extreme poor, with 429 million people affected in 2022
- In Sub-Saharan Africa, poverty rate is 35% at $2.15/day, affecting 429 million in 2022
- South Asia extreme poverty rate 5.9%, 103 million people in 2022
- East Asia and Pacific at 1.2% extreme poverty, 28 million in 2022
- Children under 5 in extreme poverty number 333 million globally, 59% of under-5s in poorest households multidimensional poor
- 356 million children live in extreme poverty under $2.15/day in 2022, half of all extreme poor
- 148 million stunted children linked to poverty, 22% globally in 2022
- Extreme poverty fell from 36% in 1990 to 8.5% in 2023, lifting 1.3 billion since 1990
- Annual poverty reduction 1-2% pre-COVID, stalled to 0.5% 2020-2022
- 1990-2015 SDG era saw 1.9 billion escape poverty, fastest decline ever
- Cash transfers reduced poverty 20% in recipient countries average
- Poverty costs global economy $2.5tn yearly in lost productivity
- Malnutrition from poverty causes 45% child deaths, 3.1m yearly
Poverty is declining globally, but remains concentrated and devastating in certain regions.
Impacts
- Cash transfers reduced poverty 20% in recipient countries average
- Poverty costs global economy $2.5tn yearly in lost productivity
- Malnutrition from poverty causes 45% child deaths, 3.1m yearly
- Extreme poor spend 50% income on food, vulnerable to shocks
- Poverty linked to 2.8bn lacking clean water, 485k deaths yearly
- Poor education traps: 250m children out of school, perpetuating cycle
- Health poverty: 3.5bn lack essential services, $500bn catastrohpic costs
- Gender impacts: Poor women 10% less calories, higher anemia 40%
- Child labor 160m, mostly poor households
- Homelessness 1.6bn inadequate housing, poverty driver
- Mental health: Poverty doubles depression risk, 280m affected
- Inequality impact: Top 1% hold 45% wealth, slowing poverty reduction
- Climate-poverty nexus: 26m pushed poor yearly by disasters
- Migration from poverty: 281m international migrants, remittances mitigate but not solve
- Debt distress in 60% poorest countries hampers growth
- Urban poverty growth 11% faster than rural decline
- Food poverty: 2.4bn can't afford healthy diet
- Conflict poverty trap: Recovery takes 20+ years post-war
- Digital divide: Poor 37% less internet access, hindering jobs
- Social cohesion eroded: Crime 3x higher in poor areas
Impacts Interpretation
Prevalence
- In 2022, approximately 712 million people worldwide lived in extreme poverty, defined as living on less than $2.15 per day (2017 PPP)
- As of 2023 estimates, 8.5% of the global population is in extreme poverty, down from 10% in 2019
- Sub-Saharan Africa accounts for 67% of the world's extreme poor, with 429 million people affected in 2022
- In 2021, 1.2 billion people experienced poverty across 111 countries using the Multidimensional Poverty Index (MPI)
- Globally, 46% of people in multidimensional poverty are children under 18, totaling around 552 million children in 2021
- Extreme poverty rate stood at 9.3% in 2020 due to COVID-19 reversal, affecting 711 million people
- In low-income countries, 54% of the population lives below $2.15/day as of 2022 data
- 3.3 billion people, or 44% of the world, lived on less than $6.85/day (upper-middle income poverty line) in 2022
- Rural areas host 80% of the world's extreme poor, with 568 million rural dwellers under $2.15/day in 2022
- Women and girls represent 52% of those in extreme poverty globally, approximately 370 million in 2022
- In 2023, 648 million workers and 8 million children live in extreme poverty despite employment
- 1.1 billion people lack access to electricity, correlating highly with poverty levels in 2022
- Global poverty headcount at $3.65/day was 23% or 1.8 billion people in 2022
- In fragile and conflict-affected states, 40% of people live in extreme poverty, twice the global average
- 836 million people in extreme poverty in 2019, rising to 712 million by 2022 post-adjustment
- Asia hosts 30% of global extreme poor, with 231 million in 2022
- Latin America has 4% extreme poverty rate, affecting 26 million in 2022
- Middle East and North Africa extreme poverty at 3.7%, 13 million people in 2022
- Europe and Central Asia at 1.2% extreme poverty, 5 million affected in 2022
- In India, 10% of population or 140 million in extreme poverty in 2021
- Nigeria has 40% extreme poverty rate, 87 million people in 2022
- DRC with 63% extreme poverty, 66 million in 2022
- Ethiopia 27% extreme poverty, 32 million affected in 2022
- Bangladesh reduced extreme poverty to 0.9%, 1.6 million in 2022
- Pakistan 5% extreme poverty, 12 million in 2022
- Mozambique 65% extreme poverty rate, 19 million in 2022
- Madagascar 80% below $2.15/day, 20 million poor in 2022
- Haiti 60% extreme poverty, 7 million in 2022
- Yemen 80% in poverty due to conflict, 24 million affected in 2022
Prevalence Interpretation
Regional
- In Sub-Saharan Africa, poverty rate is 35% at $2.15/day, affecting 429 million in 2022
- South Asia extreme poverty rate 5.9%, 103 million people in 2022
- East Asia and Pacific at 1.2% extreme poverty, 28 million in 2022
- Latin America and Caribbean 3.8% extreme poverty, 25 million in 2022
- Middle East and North Africa 5.8% at $2.15/day, 20 million poor in 2022
- In West Africa, 37% poverty rate, 130 million affected in 2022
- East Africa poverty at 32%, 150 million in extreme poverty 2022
- Southern Africa 45% poverty rate, 60 million poor in 2022
- Central Asia poverty 4.5%, 12 million at $2.15/day in 2022
- South Asia rural poverty 7.2%, urban 2.8% in 2022
- In Sahel region, 42% extreme poverty, 50 million in 2022
- Horn of Africa poverty average 40%, affecting 80 million in 2022
- Andean region Latin America 5% poverty, 10 million poor 2022
- Brazil 4.5% extreme poverty, 10 million in 2022
- Mexico 1.7% extreme poverty, 2 million affected 2022
- Indonesia 9.4% poverty at national line, 25 million poor 2022
- Philippines 18.1% poverty rate, 19 million poor in 2021
- Vietnam reduced to 4.4% extreme poverty, 4 million in 2022
- China lifted 800 million out of poverty since 1978, near 0% extreme poverty 2022
- Egypt 29.7% poverty rate, 31 million poor in 2022
- Afghanistan 50% poverty post-2021, 20 million affected 2022
- Syria 80% poverty due to war, 15 million in 2022
Regional Interpretation
Trends
- Extreme poverty fell from 36% in 1990 to 8.5% in 2023, lifting 1.3 billion since 1990
- Annual poverty reduction 1-2% pre-COVID, stalled to 0.5% 2020-2022
- 1990-2015 SDG era saw 1.9 billion escape poverty, fastest decline ever
- COVID-19 pushed 97 million more into extreme poverty 2020-2021
- Climate shocks reversed poverty gains for 26 million yearly
- Digital poverty down 15% since 2015, but 2.6bn offline in 2023
- Food insecurity rose from 8.9% to 9.8% 2020-2022, 735m undernourished
- Remittances grew 7% yearly to $831bn in 2022, aiding poverty reduction
- ODA totaled $204bn in 2022, but 0.36% GNI, below 0.7% target
- Extreme poverty projected to 575m by 2030 if trends continue
- Multidimensional poverty down 18% 2000-2021 in MPI countries
- SSA poverty rose from 27% to 35% 2015-2022
- India halved extreme poverty 2011-2021, from 21% to 10%
- China extreme poverty from 66% in 1990 to <1% 2020
- Sub-Saharan Africa to host 90% of extreme poor by 2030
- Gender poverty gap narrowing 0.5% yearly since 2000
- Child poverty down 50% in East Asia 1990-2020
- Conflict drove 50m into poverty since 2010
- Electricity access up from 75% to 90% 2000-2022, aiding poverty drop
- Social protection coverage 45% globally, up 10% since 2010
- ODA to poorest countries 12% of total, stagnant since 2015
Trends Interpretation
Vulnerable Groups
- Children under 5 in extreme poverty number 333 million globally, 59% of under-5s in poorest households multidimensional poor
- 356 million children live in extreme poverty under $2.15/day in 2022, half of all extreme poor
- 148 million stunted children linked to poverty, 22% globally in 2022
- Women-headed households 10-25% more likely to be poor globally
- 40% of extreme poor are employed, working poor total 648 million adults
- Indigenous peoples 19% more likely to be poor, affecting 476 million globally
- Elderly poverty rate 12% globally, 150 million over 60 in poverty 2022
- Disabled people twice as likely to live in poverty, 15-20% higher rates
- Refugees and IDPs 70% live in poverty, 100 million displaced in 2023
- Female youth unemployment 16.2% vs 13.2% male, exacerbating poverty
- In rural areas, 75% of poor children lack safe water
- Orphaned children 20% more poverty prone, 140 million orphans globally
- LGBTQ+ individuals face 2-3x poverty risk due to discrimination
- Landless farmers 50% in poverty in developing countries
- Migrants remit $800bn but origin poverty persists, 272m international migrants
- In conflict zones, 75% of poor are vulnerable groups
- Adolescent girls 120 million in poverty face child marriage risk
- Poor with chronic illness 4x more likely to stay poor
- Urban slum dwellers 55% poor, 1 billion in slums 2022
- Caste-based discrimination doubles poverty in South Asia
Vulnerable Groups Interpretation
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