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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.
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.
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.
Share of global population living in extreme poverty including and excluding China. Share of government consumption in GDP vs. share of population living in extreme poverty. Share of gross national income donated toward poverty reduction. Share of gross national income from poverty reduction grants.
Target: By 2030, “eradicate extreme poverty for all people, everywhere”. The UN defines this based on the international poverty line.1. More research: Further data and research can be found on the Our World in Data topic page on poverty.
GDP per capita is a very comprehensive measure of people’s average income. This indicator reveals how large the inequality between people in different countries is. In the poorest countries, people live on less than $1,000 per year, while in rich countries, the average income is more than 50 times higher.
The latest global data tells us that 85% of the world population live on less than $30 per day. These are 6.5 billion people. Relying on a higher poverty line of $45 per day you find that 92% live in poverty, and using a lower poverty line of $20 per day you find that 78% live in poverty.
This data explorer provides a range of indicators obtained from the World Bank Poverty and Inequality Platform. Depending on the country and year, the data relates to income measured after taxes and benefits, or consumption, per capita.
Total of population living in extreme poverty by world region. Number of people in households with an income or consumption per person below $2.15 a day. World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
Here we show global poverty estimates for four poverty lines, constructed in the way described above, using different data sources for the Gini coefficient for more recent decades. The blue lines show again our baseline estimates which use GCIP data for income inequality.