World Poverty Rate

World poverty rate for 2023 was 47.00%, a 1% decline from 2022.
  • World poverty rate for 2022 was 48.00%, a 0.6% decline from 2021.
  • World poverty rate for 2021 was 48.60%, a 1.8% decline from 2020.
  • World poverty rate for 2020 was 50.40%, a 4.1% increase from 2019.
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.