Poverty

WB definition of absolute poverty 2025

$3 international dollars /day/person = £2.20

WB previous definition of absolute poverty

$2 international dollars /day/person

2025 definition of relative poverty

• Less than 60% of national median household income post-housing costs

1800 — % of world in extreme poverty

85%

1800 — % of world in extreme poverty

1850 — % of world in extreme poverty

80%

1900 — % of world in extreme poverty

70%

1950 — % of world in extreme poverty

55%

1970 — % of world in extreme poverty

50%

1990 — % of world in extreme poverty

35%

2015 — % of world in extreme poverty

12%

WB 1980 — % of world in extreme poverty

36%

WB 2019 — % of world in extreme poverty

9.2%

WB 2025 — % of world in extreme poverty

9.9%