Global Extreme Poverty
According to household surveys, 44 percent of the global population lived in absolute poverty in 1981. Since then, the share of poor people has declined faster than ever in world history. By 2013, the share of people living in extreme poverty had fallen below 11 percent. The latest
World Bank estimates suggest that the incidence of extreme poverty is now below 10 percent. In this publication by
Our World Data, Max Roser and Esteban Ortiz-Ospina highlight the link between the improvement in material living conditions, better global health and expanded global education, over the past two centuries.
https://ourworldindata.org/extreme-poverty/
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