Shaohua Chen and Martin Ravallion, Update of World Bank about poverty in the World, Development Research Group, World Bank (03-01-12).
The share of world population living in extreme poverty* declined from 34.1% in 1999 to 22.4% in 2008, according to the latest World Bank estimates. The number of extreme poor has also declined, despite population growth : 1.3 billion are under the extreme poverty line, against 1.7 billion in 1999, a decrease of 400 million people.
Poverty declined in all regions of the world. The reduction the most spectacular concerns East Asia (including China) : the number of extremely poor people is 284 million (14.3% of the population) in 2008 against 655 million (35.6%) in 1999. South Asia (including India and especially Pakistan) is always the region where the number of poor people is the most important with 570 million people (36%) in 2008, against 619 million (45.1%) in 1999. At last, 386 million people in sub-Saharan Africa are affected by extreme poverty, 47.5% of the population. Ten years ago, extreme poverty affected 377 million people (58% of the population).
This decrease is very good news. It should however not be forgotten that more than one billion people still live in the greatest deprivation. But these figures must be treated with caution : the World Bank does not have data for all countries of the world (only 70% of countries from sub-Saharan Africa and a little more than a half of the countries from Middle East and North Africa...
* The extreme poverty line is equivalent to living on less than $ 1 25 per day per person.
|Please click below to read the update of World Bank about poverty in the World, by Shaohua Chen and Martin Ravallion, Development Research Group, World Bank (03-01-12).|