Global Poverty Scenario 

  • The proportion of people in different countries living in extreme economic poverty — defined by the World Bank as living on less than $1.90 per day—has fallen from 36 percent in 1990 to 10 percent in 2015.

  • Poverty declined substantially in China and Southeast Asian countries as a result of rapid economic growth and massive investments in human resource development.

  •  In the countries of South Asia (India, Pakistan, Sri Lanka, Nepal, Bangladesh, Bhutan) the decline has also been rapid 34 percent in 2005 to 15.2 percent in 2014.

  • Because of different poverty line definitions, poverty in India is also shown higher than the national estimates.

  • Poverty has also resurfaced in some of the former socialist countries like Russia, where officially it was non-existent earlier. 

  • Above table shows the proportion of people living in poverty in different countries as defined by the international poverty line.
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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.