1. The world has made remarkable progress in reducing extreme poverty in the past 75 years.
Between 1950 and 2025, the world has experienced remarkable progress in reducing the proportion of the population living in extreme poverty from 60 percent to 10 percent.
Consider the lifetime of someone in their 70s today. When they were born, six out of ten people were living in extreme poverty globally. Today, one out of ten people are living in extreme poverty. The world has made remarkable progress in reducing extreme poverty over the past 75 years, despite the global population more than tripling (from 2.5 billion to 8.3 billion). Today, more than 800 million people are living in extreme poverty; that is, they live on less than $3.00 a day (2021 PPP).
The changing patterns in reducing extreme poverty are driven by a few regions in the world. Extreme poverty has been consistently low in Europe, North America, and Latin America since 1990; rapid progress against extreme poverty is explained by East Asia and the Pacific and South Asia, while the recent stagnation is driven by Sub-Saharan Africa and the Middle East and North Africa.
2. The changing patterns in reducing extreme poverty are driven by a few regions in the world.
Extreme poverty has been consistently low in Europe, North America, and Latin America since 1990; rapid progress against extreme poverty is explained by East Asia and the Pacific and South Asia, while the recent stagnation is driven by Sub-Saharan Africa and the Middle East and North Africa.
