June 5, 2025 – The World Bank released the global poverty estimates up to 2023 on the Poverty and Inequality Platform (PIP), including estimates up to 2025.
The global extreme poverty rate in 2022 is revised up from 9.0 to 10.5 percent, corresponding to an increase in the number of individuals living below the international poverty line from 713 to 838 million.
At the regional level, all regions see upward revisions, most notably Sub-Saharan Africa (where the extreme poverty rate goes from 37.0 percent to 45.5 percent in 2022), except for South Asia (with a downward revision from 9.7 to 7.3 percent). Based on nowcasted estimates, global extreme poverty is projected to decrease from 10.5 percent in 2022 to 9.9 percent in 2025.