Over the past three decades, the number of people living on less than 2.15 U.S. dollars a day in terms of 2017 Purchasing Power Parities has fallen remarkably. Whereas around two billion people lived on less than this amount a day in 1990, the number had fallen to around 711 million by 2022. Although much progress has been made and this figure is falling, this number increased slightly in light of the COVID-19 pandemic, going from around 689 million in 2019 to 762 million in 2020 and 749 million by 2021.
In 2023, **** percent of Black people living in the United States were living below the poverty line, compared to *** percent of white people. That year, the total poverty rate in the U.S. across all races and ethnicities was **** percent. Poverty in the United States Single people in the United States making less than ****** U.S. dollars a year and families of four making less than ****** U.S. dollars a year are considered to be below the poverty line. Women and children are more likely to suffer from poverty, due to women staying home more often than men to take care of children, and women suffering from the gender wage gap. Not only are women and children more likely to be affected, racial minorities are as well due to the discrimination they face. Poverty data Despite being one of the wealthiest nations in the world, the United States had the third highest poverty rate out of all OECD countries in 2019. However, the United States' poverty rate has been fluctuating since 1990, but has been decreasing since 2014. The average median household income in the U.S. has remained somewhat consistent since 1990, but has recently increased since 2014 until a slight decrease in 2020, potentially due to the pandemic. The state that had the highest number of people living below the poverty line in 2020 was California.
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<li>World poverty rate for 2022 was <strong>48.00%</strong>, a <strong>0.6% decline</strong> from 2021.</li>
<li>World poverty rate for 2021 was <strong>48.60%</strong>, a <strong>1.8% decline</strong> from 2020.</li>
<li>World poverty rate for 2020 was <strong>50.40%</strong>, a <strong>4.1% increase</strong> from 2019.</li>
</ul>Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Goal 1End poverty in all its forms everywhereTarget 1.1: By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a dayIndicator 1.1.1: Proportion of the population living below the international poverty line by sex, age, employment status and geographic location (urban/rural)SI_POV_DAY1: Proportion of population below international poverty line (%)SI_POV_EMP1: Employed population below international poverty line, by sex and age (%)Target 1.2: By 2030, reduce at least by half the proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitionsIndicator 1.2.1: Proportion of population living below the national poverty line, by sex and ageSI_POV_NAHC: Proportion of population living below the national poverty line (%)Indicator 1.2.2: Proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitionsSD_MDP_MUHC: Proportion of population living in multidimensional poverty (%)SD_MDP_ANDI: Average proportion of deprivations for people multidimensionally poor (%)SD_MDP_MUHHC: Proportion of households living in multidimensional poverty (%)SD_MDP_CSMP: Proportion of children living in child-specific multidimensional poverty (%)Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerableIndicator 1.3.1: Proportion of population covered by social protection floors/systems, by sex, distinguishing children, unemployed persons, older persons, persons with disabilities, pregnant women, newborns, work-injury victims and the poor and the vulnerableSI_COV_MATNL: [ILO] Proportion of mothers with newborns receiving maternity cash benefit (%)SI_COV_POOR: [ILO] Proportion of poor population receiving social assistance cash benefit, by sex (%)SI_COV_SOCAST: [World Bank] Proportion of population covered by social assistance programs (%)SI_COV_SOCINS: [World Bank] Proportion of population covered by social insurance programs (%)SI_COV_CHLD: [ILO] Proportion of children/households receiving child/family cash benefit, by sex (%)SI_COV_UEMP: [ILO] Proportion of unemployed persons receiving unemployment cash benefit, by sex (%)SI_COV_VULN: [ILO] Proportion of vulnerable population receiving social assistance cash benefit, by sex (%)SI_COV_WKINJRY: [ILO] Proportion of employed population covered in the event of work injury, by sex (%)SI_COV_BENFTS: [ILO] Proportion of population covered by at least one social protection benefit, by sex (%)SI_COV_DISAB: [ILO] Proportion of population with severe disabilities receiving disability cash benefit, by sex (%)SI_COV_LMKT: [World Bank] Proportion of population covered by labour market programs (%)SI_COV_PENSN: [ILO] Proportion of population above statutory pensionable age receiving a pension, by sex (%)Target 1.4: By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resources, appropriate new technology and financial services, including microfinanceIndicator 1.4.1: Proportion of population living in households with access to basic servicesSP_ACS_BSRVH2O: Proportion of population using basic drinking water services, by location (%)SP_ACS_BSRVSAN: Proportion of population using basic sanitation services, by location (%)Indicator 1.4.2: Proportion of total adult population with secure tenure rights to land, (a) with legally recognized documentation, and (b) who perceive their rights to land as secure, by sex and type of tenureSP_LGL_LNDDOC: Proportion of people with legally recognized documentation of their rights to land out of total adult population, by sex (%)SP_LGL_LNDSEC: Proportion of people who perceive their rights to land as secure out of total adult population, by sex (%)SP_LGL_LNDSTR: Proportion of people with secure tenure rights to land out of total adult population, by sex (%)Target 1.5: By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disastersIndicator 1.5.1: Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 populationVC_DSR_MISS: Number of missing persons due to disaster (number)VC_DSR_AFFCT: Number of people affected by disaster (number)VC_DSR_MORT: Number of deaths due to disaster (number)VC_DSR_MTMP: Number of deaths and missing persons attributed to disasters per 100,000 population (number)VC_DSR_MMHN: Number of deaths and missing persons attributed to disasters (number)VC_DSR_DAFF: Number of directly affected persons attributed to disasters per 100,000 population (number)VC_DSR_IJILN: Number of injured or ill people attributed to disasters (number)VC_DSR_PDAN: Number of people whose damaged dwellings were attributed to disasters (number)VC_DSR_PDYN: Number of people whose destroyed dwellings were attributed to disasters (number)VC_DSR_PDLN: Number of people whose livelihoods were disrupted or destroyed, attributed to disasters (number)Indicator 1.5.2: Direct economic loss attributed to disasters in relation to global gross domestic product (GDP)VC_DSR_GDPLS: Direct economic loss attributed to disasters (current United States dollars)VC_DSR_LSGP: Direct economic loss attributed to disasters relative to GDP (%)VC_DSR_AGLH: Direct agriculture loss attributed to disasters (current United States dollars)VC_DSR_HOLH: Direct economic loss in the housing sector attributed to disasters (current United States dollars)VC_DSR_CILN: Direct economic loss resulting from damaged or destroyed critical infrastructure attributed to disasters (current United States dollars)VC_DSR_CHLN: Direct economic loss to cultural heritage damaged or destroyed attributed to disasters (millions of current United States dollars)VC_DSR_DDPA: Direct economic loss to other damaged or destroyed productive assets attributed to disasters (current United States dollars)Indicator 1.5.3: Number of countries that adopt and implement national disaster risk reduction strategies in line with the Sendai Framework for Disaster Risk Reduction 2015–2030SG_DSR_LGRGSR: Score of adoption and implementation of national DRR strategies in line with the Sendai FrameworkSG_DSR_SFDRR: Number of countries that reported having a National DRR Strategy which is aligned to the Sendai FrameworkIndicator 1.5.4: Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategiesSG_DSR_SILS: Proportion of local governments that adopt and implement local disaster risk reduction strategies in line with national disaster risk reduction strategies (%)SG_DSR_SILN: Number of local governments that adopt and implement local DRR strategies in line with national strategies (number)SG_GOV_LOGV: Number of local governments (number)Target 1.a: Ensure significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensionsIndicator 1.a.1: Total official development assistance grants from all donors that focus on poverty reduction as a share of the recipient country’s gross national incomeDC_ODA_POVLG: Official development assistance grants for poverty reduction, by recipient countries (percentage of GNI)DC_ODA_POVDLG: Official development assistance grants for poverty reduction, by donor countries (percentage of GNI)DC_ODA_POVG: Official development assistance grants for poverty reduction (percentage of GNI)Indicator 1.a.2: Proportion of total government spending on essential services (education, health and social protection)SD_XPD_ESED: Proportion of total government spending on essential services, education (%)Target 1.b: Create sound policy frameworks at the national, regional and international levels, based on pro-poor and gender-sensitive development strategies, to support accelerated investment in poverty eradication actionsIndicator 1.b.1: Pro-poor public social spending
In 2023, about 36.79 million people were living below the poverty line in the United States, a considerable decrease from the previous year. The number of people living in poverty peaked in 2014, but had been trending downwards until the year of the COVID-19 pandemic began.
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Sweden SE: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 16.100 % in 2022. This records an increase from the previous number of 16.000 % for 2021. Sweden SE: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 15.900 % from Dec 2007 (Median) to 2022, with 16 observations. The data reached an all-time high of 17.100 % in 2018 and a record low of 13.500 % in 2007. Sweden SE: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Social: Poverty and Inequality. National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.;World Bank, Poverty and Inequality Platform. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.;;This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
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Uganda UG: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 21.400 % in 2016. This records an increase from the previous number of 19.700 % for 2012. Uganda UG: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 32.450 % from Dec 1992 (Median) to 2016, with 8 observations. The data reached an all-time high of 56.400 % in 1992 and a record low of 19.700 % in 2012. Uganda UG: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uganda – Table UG.World Bank.WDI: Poverty. National poverty headcount ratio is the percentage of the population living below the national poverty lines. National estimates are based on population-weighted subgroup estimates from household surveys.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
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Brazil BR: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 26.500 % in 2017. This records an increase from the previous number of 25.700 % for 2016. Brazil BR: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 26.100 % from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 26.500 % in 2017 and a record low of 25.700 % in 2016. Brazil BR: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Social: Poverty and Inequality. National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.;World Bank, Poverty and Inequality Platform. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.;;This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
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Graph and download economic data for Estimated Percent of People of All Ages in Poverty for United States (PPAAUS00000A156NCEN) from 1989 to 2023 about percent, child, poverty, and USA.
In 2023, the around 11.1 percent of the population was living below the national poverty line in the United States. Poverty in the United StatesAs shown in the statistic above, the poverty rate among all people living in the United States has shifted within the last 15 years. The United Nations Educational, Scientific and Cultural Organization (UNESCO) defines poverty as follows: “Absolute poverty measures poverty in relation to the amount of money necessary to meet basic needs such as food, clothing, and shelter. The concept of absolute poverty is not concerned with broader quality of life issues or with the overall level of inequality in society.” The poverty rate in the United States varies widely across different ethnic groups. American Indians and Alaska Natives are the ethnic group with the most people living in poverty in 2022, with about 25 percent of the population earning an income below the poverty line. In comparison to that, only 8.6 percent of the White (non-Hispanic) population and the Asian population were living below the poverty line in 2022. Children are one of the most poverty endangered population groups in the U.S. between 1990 and 2022. Child poverty peaked in 1993 with 22.7 percent of children living in poverty in that year in the United States. Between 2000 and 2010, the child poverty rate in the United States was increasing every year; however,this rate was down to 15 percent in 2022. The number of people living in poverty in the U.S. varies from state to state. Compared to California, where about 4.44 million people were living in poverty in 2022, the state of Minnesota had about 429,000 people living in poverty.
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Uruguay UY: Poverty Headcount Ratio at National Poverty Lines: Urban: % of Urban Population data was reported at 10.100 % in 2014. This records a decrease from the previous number of 12.000 % for 2013. Uruguay UY: Poverty Headcount Ratio at National Poverty Lines: Urban: % of Urban Population data is updated yearly, averaging 24.400 % from Dec 2002 (Median) to 2014, with 13 observations. The data reached an all-time high of 39.900 % in 2004 and a record low of 10.100 % in 2014. Uruguay UY: Poverty Headcount Ratio at National Poverty Lines: Urban: % of Urban Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uruguay – Table UY.World Bank.WDI: Poverty. Urban poverty headcount ratio is the percentage of the urban population living below the national poverty lines.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
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Yemen YE: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 48.600 % in 2014. This records an increase from the previous number of 34.800 % for 2005. Yemen YE: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 41.700 % from Dec 2005 (Median) to 2014, with 2 observations. The data reached an all-time high of 48.600 % in 2014 and a record low of 34.800 % in 2005. Yemen YE: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Yemen – Table YE.World Bank: Poverty. National poverty headcount ratio is the percentage of the population living below the national poverty lines. National estimates are based on population-weighted subgroup estimates from household surveys.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
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Poverty Headcount Ratio at Societal Poverty Lines: % of Population data was reported at 19.000 % in 2021. This records a decrease from the previous number of 20.900 % for 2020. Poverty Headcount Ratio at Societal Poverty Lines: % of Population data is updated yearly, averaging 31.700 % from Dec 1990 (Median) to 2021, with 19 observations. The data reached an all-time high of 72.000 % in 1990 and a record low of 19.000 % in 2021. Poverty Headcount Ratio at Societal Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Social: Poverty and Inequality. The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2017 U.S. dollars and defined as max($2.15, $1.15 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $2.15. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
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Nigeria NG: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 46.000 % in 2009. This records a decrease from the previous number of 48.400 % for 2003. Nigeria NG: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 47.200 % from Dec 2003 (Median) to 2009, with 2 observations. The data reached an all-time high of 48.400 % in 2003 and a record low of 46.000 % in 2009. Nigeria NG: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Poverty. National poverty headcount ratio is the percentage of the population living below the national poverty lines. National estimates are based on population-weighted subgroup estimates from household surveys.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
Over the past 30 years, there has been an almost constant reduction in the poverty rate worldwide. Whereas nearly ** percent of the world's population lived on less than 2.15 U.S. dollars in terms of 2017 Purchasing Power Parity (PPP) in 1990, this had fallen to *** percent in 2022. This is even though the world's population was growing over the same period. However, there was a small increase in the poverty rate during the COVID-19 pandemic in 2020 and 2021, when thousands of people became unemployed overnight. Moreover, the rising cost of living in the aftermath of the pandemic and spurred by the Russian invasion of Ukraine in 2022 meant that many people were struggling to make ends meet. Poverty is a regional problem Poverty can be measured in relative and absolute terms. Absolute poverty concerns basic human needs such as food, clothing, shelter, and clean drinking water, whereas relative poverty looks at whether people in different countries can afford a certain living standard. Most countries that have a high percentage of their population living in absolute poverty, meaning that they are poor compared to international standards, are regionally concentrated. African countries are most represented among the countries in which poverty prevails the most. In terms of numbers, Sub-Saharan Africa and South Asia have the most people living in poverty worldwide. Inequality on the rise How wealth, or the lack thereof, is distributed within the global population and even within countries is very unequal. In 2022, the richest one percent of the world owned almost half of the global wealth, while the poorest 50 percent owned less than two percent in the same year. Within regions, Latin America had the most unequal distribution of wealth, but this phenomenon is present in all world regions.
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Austria AT: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 14.700 % in 2020. This records an increase from the previous number of 13.900 % for 2019. Austria AT: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 14.100 % from Dec 2002 (Median) to 2020, with 19 observations. The data reached an all-time high of 15.200 % in 2007 and a record low of 12.000 % in 2006. Austria AT: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Social: Poverty and Inequality. National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.;World Bank, Poverty and Inequality Platform. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.;;This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
In 2025, around ***** million people in Africa were living in extreme poverty, with the poverty threshold at **** U.S. dollars a day. The number of poor people on the continent dropped slightly compared to the previous year. Poverty in Africa is expected to decline slightly in the coming years, even in the face of a growing population. The number of inhabitants living below the extreme poverty line would decrease to around *** million by 2030.
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<li>El Salvador poverty rate for 2022 was <strong>32.70%</strong>, a <strong>0.8% decline</strong> from 2021.</li>
<li>El Salvador poverty rate for 2021 was <strong>33.50%</strong>, a <strong>1.2% decline</strong> from 2019.</li>
<li>El Salvador poverty rate for 2019 was <strong>34.70%</strong>, a <strong>4.4% decline</strong> from 2018.</li>
</ul>Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Out of all OECD countries, Cost Rica had the highest poverty rate as of 2022, at over 20 percent. The country with the second highest poverty rate was the United States, with 18 percent. On the other end of the scale, Czechia had the lowest poverty rate at 6.4 percent, followed by Denmark.
The significance of the OECD
The OECD, or the Organisation for Economic Co-operation and Development, was founded in 1948 and is made up of 38 member countries. It seeks to improve the economic and social well-being of countries and their populations. The OECD looks at issues that impact people’s everyday lives and proposes policies that can help to improve the quality of life.
Poverty in the United States
In 2022, there were nearly 38 million people living below the poverty line in the U.S.. About one fourth of the Native American population lived in poverty in 2022, the most out of any ethnicity. In addition, the rate was higher among young women than young men. It is clear that poverty in the United States is a complex, multi-faceted issue that affects millions of people and is even more complex to solve.
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South Africa ZA: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 55.500 % in 2014. This records an increase from the previous number of 53.200 % for 2010. South Africa ZA: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 58.800 % from Dec 2005 (Median) to 2014, with 4 observations. The data reached an all-time high of 66.600 % in 2005 and a record low of 53.200 % in 2010. South Africa ZA: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Poverty. National poverty headcount ratio is the percentage of the population living below the national poverty lines. National estimates are based on population-weighted subgroup estimates from household surveys.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.
Over the past three decades, the number of people living on less than 2.15 U.S. dollars a day in terms of 2017 Purchasing Power Parities has fallen remarkably. Whereas around two billion people lived on less than this amount a day in 1990, the number had fallen to around 711 million by 2022. Although much progress has been made and this figure is falling, this number increased slightly in light of the COVID-19 pandemic, going from around 689 million in 2019 to 762 million in 2020 and 749 million by 2021.