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According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
The October 2015 report notes that just over 900 million people (12.8 percent of the world population) were living in extreme poverty (less than $1.90 a day) in 2012, compared with 987 million (14.2 percent of the world population) in 2011. It also projects that by 2015 less than 10% of the world's population will fall under the poverty line.
The World Development Report (WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development . Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies , labour, infrastructure ...
The bank expects the world economy to expand 2.7% in 2025 and again in 2026. ... to ease global poverty. The World Bank noted that growth has been decelerating for years in the developing world ...
The level of extreme poverty on the planet is set to climb for the first time in more than two decades this year, as coronavirus pushes millions of people to the brink, the World Bank said Wednesday.
Similarly, 'ultra-poverty' is defined by a 2007 report issued by International Food Policy Research Institute as living on less than 54 cents per day. [21] The poverty line threshold of $1.90 per day, as set by the World Bank, is controversial.
The bank expects the world economy to expand 2.7% in 2025 and again in 2026. World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty Skip to main content
A World Bank report into climate change in 2012 noted that (p. xiii) "even with the current mitigation commitments and pledges fully implemented, there is roughly a 20 percent likelihood of exceeding 4 °C by 2100."