“Global poverty estimates up to 2023 were updated today on the Poverty and Inequality Platform (PIP), including nowcasted estimates up to 2025. The update includes three main changes to the PIP data (See the What’s New document for more details): First, the update brings new survey data for several country-years, including important updates to data from India; second, it includes the adoption of the 2021 Purchasing Power Parities (PPPs); and third, based on the new PPPs and new survey data, including new national poverty lines, the update revises the global poverty lines.

As a result of these combined changes, 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…

While revised poverty lines, underlying data revisions, and changes in PPPs affect the level of poverty, from a historical lens, the trends remain similar. The following graph shows the estimated poverty rates by regions since 1990. The graph also depicts the updated nowcasts of poverty following the methodology introduced in the September 2024 update. The nowcast suggests a modest decline in the global extreme poverty rate from 10.5 percent in 2022 to 9.9 percent in 2025. Based on the latest data, the South Asia region experienced the most significant decline in extreme poverty between 2022 and 2025. Conversely, the Middle East and North Africa was the only region to experience an increase in poverty during this period, up from 8.5 percent in 2022 to 9.4 percent in 2025.”

From World Bank.

“Jamaica’s poverty prevalence for 2023 was estimated at 8.2 per cent, a decline from 16.7 per cent in 2021.

Planning Institute of Jamaica (PIOJ) Director General, Dr. Wayne Henry, disclosed that it was ‘the lowest figure ever recorded since poverty rates were first measured in 1989.'”

From Magnetic Media.

“The High Commission for Planning (HCP) has unveiled a new map of multidimensional poverty in Morocco, drawing on data from the 2014 and 2024 general censuses. This initiative aims to offer a clearer picture of the various forms of deprivation tied to deficits in education, health, housing, and access to basic infrastructure.

According to HCP, Morocco has seen a substantial decline in multidimensional poverty between 2014 and 2024. The proportion of the population experiencing poverty fell from 11.9% to 6.8%, representing a drop from around 4 million to 2.5 million people. The intensity of poverty, measured by the average deprivation rate, also saw a slight decrease, from 38.1% to 36.7%. As a result, the overall Multidimensional Poverty Index was nearly cut in half, falling from 4.5% to 2.5%.”

From Yabiladi.

“The report highlights Bhutan’s remarkable progress in poverty reduction, with the national poverty rate declining from 28 percent to 11.6 percent during this period. Key drivers include robust economic growth, improved labor market outcomes, enhanced agricultural productivity, effective COVID-19 relief programs, and strong remittance inflows.”

From World Bank.