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Bookmark or Share- Poverty Overview: Development news, research, data | World BankThree-quarters of all people in extreme poverty live in Sub-Saharan Africa or in fragile and conflict-affected countries. 44 percent of the global population – around 3.5 billion people – live today on less than $6.85 per day, the poverty line relevant for upper-middle-income countries.
- Poverty : Development news, research, data | World BankAlmost 700 million people – 8.5 percent of the global population – live today on less than $2.15 per day, the extreme poverty line for low-income countries. Around 3.5 billion people – 44 percent of the global population – live on less than $6.85 per day, the poverty line more relevant for upper-middle-income countries.
- Trade has been a powerful driver of economic development and poverty ...From 1990 to 2017, developing countries increased their share of global exports from 16 percent to 30 percent; in the same period, the global poverty rate fell from 36 percent to 9 percent. Not all countries have benefited equally, but overall, trade has generated unprecedented prosperity, helping to lift some 1 billion people out of poverty in ...
- 2023 in Nine Charts: A Growing Inequality - World Bank GroupIf 2022 was a year of uncertainty, 2023 is the year of inequality.For countries hoping to bounce back from the devastating losses of the COVID-19 pandemic, the battle has been made tougher by the compounding threats of climate change, fragility, conflict and violence, or food insecurity, to name a few—that make it difficult for economies across the board to fully recover.
- Heavily Indebted Poor Countries (HIPC) Initiative - World Bank GroupThe World Bank, the International Monetary Fund (IMF) and other multilateral, bilateral and commercial creditors began the Heavily Indebted Poor Countries (HIPC) Initiative in 1996. The program was designed to ensure that the poorest countries in the world are not overwhelmed by unmanageable or unsustainable debt burdens.
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