World Poverty Through a Broader Lens

Income-based poverty measures have failed to capture the full extent of global deprivation. New metrics show poverty is more widespread than previously believed. While income poverty declined from 1995 to 2024, over half the worldʼs population remains poor or vulnerable, with nearly 300 million living in destitution on less than US$1.50 a day. Progress has been uneven; East Asia and the Pacific major gains, while poverty rose in the Arab region. Accelerating reduction requires aligned efforts, inclusive income-boosting policies, stronger international cooperation and support for the poorest countries. To measure poverty, a multidimensional approach, backed by robust data, is essential.