100 years ago the world absolute poverty rate was as bad as the poorest country today

Here is data tracking the world absolute poverty rate from 1820 to 2015. The data shows vast improvement in the reduction of absolute poverty( living on less than US$1 per day in 1996).

People are considered to live in extreme poverty at a consumption (or income) level below 1.90 international-$ per day. International $ are adjusted for price differences between countries and for price changes over time (inflation).

The highest absolute poverty rate in the world today is Madagascar at 81.8% living on less than $1.90 per day (US$1 per day in 1996) This is about the overall world level of absolute poverty 100 years ago.

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100 years ago the world absolute poverty rate was as bad as the poorest country today

Here is data tracking the world absolute poverty rate from 1820 to 2015. The data shows vast improvement in the reduction of absolute poverty( living on less than US$1 per day in 1996).

People are considered to live in extreme poverty at a consumption (or income) level below 1.90 international-$ per day. International $ are adjusted for price differences between countries and for price changes over time (inflation).

The highest absolute poverty rate in the world today is Madagascar at 81.8% living on less than $1.90 per day (US$1 per day in 1996) This is about the overall world level of absolute poverty 100 years ago.

About The Author