Poverty Rate 1960-2024

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international 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.
  • poverty rate for 2022 was 1.20%, a 0.1% decline from 2021.
  • poverty rate for 2021 was 1.30%, a 0.3% decline from 2020.
  • poverty rate for 2020 was 1.60%, a 0.1% decline from 2019.
  • poverty rate for 2019 was 1.70%, a 0.1% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2022 1.20% -0.10%
2021 1.30% -0.30%
2020 1.60% -0.10%
2019 1.70% -0.10%
2018 1.80% -0.20%
2017 2.00% -0.20%
2016 2.20% -0.30%
2015 2.50% -0.10%
2014 2.60% 0.00%
2013 2.60% -0.10%
2012 2.70% 0.00%
2011 2.70% 0.10%
2010 2.60% 0.00%
2009 2.60% -0.10%
2008 2.70% -0.30%
2007 3.00% -0.50%
2006 3.50% -0.30%
2005 3.80% -0.10%
2004 3.90% -0.40%
2003 4.30% -0.20%
2002 4.50% -0.10%
2001 4.60% -0.20%
2000 4.80% -0.10%
1999 4.90% 0.60%
1998 4.30% -0.60%
1997 4.90% -1.50%
1996 6.40% 1.50%
1995 4.90% -2.10%
1994 7.00% 1.00%
1993 6.00% 1.90%
1992 4.10% 0.30%
1991 3.80% 0.20%
1990 3.60% 0.00%
1989 3.60% -0.30%
1988 3.90% -0.30%
1987 4.20% -0.50%
1986 4.70% -0.20%
1985 4.90% -0.30%
1984 5.20% -0.20%
1983 5.40% -0.20%
1982 5.60% -0.10%
1981 5.70% 5.70%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%