30 Countries With Extreme Poverty [Yahoo! Finance]
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Source: Yahoo! Finance
The World Bank 's research about poverty, last updated in October 2023, finds that about eight percent of the global population lives in extreme poverty, which means that around 700 million people in the world survive on less than $2.15 per day. According to another Poverty and Shared Prosperity report published by the organization in 2022, almost a quarter of the global population lived below the lower-middle-income countries' poverty line of $3.65. Moreover, almost half of the global population, precisely 47 percent, lived below the upper-middle-income countries' poverty line of $6.85. Although the scale of extreme global poverty remains vast, the number of extremely poor people has declined significantly over the past three decades. As reported by the World Bank , 2 billion people were living in extreme poverty in 1990, and from 1990 to 2019, the number was reduced to around 700 million. While poverty is decreasing on a global level, in some parts of the world, the poverty rat
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