A century of extreme poverty: five facts from 1950 to 2050 Christoph LaknerSamuel Kofi Tetteh Baah October 26, 2026 This page in: English

https://blogs.worldbank.org/en/opendata/five-facts-about-extreme-poverty-in-the-world-in-long-time-horiz 1. The world has made remarkable progress in reducing extreme poverty in the past 75 years. Between 1950 and 2025, the world has experienced remarkable progress in reducing the proportion of the population living in extreme poverty from 60 percent to 10 percent. Consider the lifetime of someone in their 70s today. When they were born, six out of ten people were living in extreme poverty globally. Today, one out of ten people are living in extreme poverty. The world has made remarkable progress in reducing extreme poverty over the past 75 years, despite the global population more than tripling (from 2.5 billion to 8.3 billion). Today, more than 800 million people are living in extreme poverty; that is, they live on less than $3.00 a day (2021 PPP).