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Tajikistan’s Remarkable Poverty Reduction over past Decade

World Bank | Poverty Rates

Tajikistan’s Remarkable Poverty Reduction over past Decade

“Over the past decade, Tajikistan has achieved a remarkable poverty reduction, with the national poverty rate dropping from 56 percent in 2010 to just below 20 percent in 2024.

During the same period, the share of middle-class households — defined as those living on more than $15 per person a day — quadrupled from 8 to 33 percent, signaling profound improvements in living standards.”

From World Bank.

World Bank | Poverty Rates

Uzbekistan’s Poverty Rate Fell Sharply

“This report highlights Uzbekistan’s remarkable progress in reducing poverty and expanding the middle class between 2021 and 2025. Strong growth in household consumption, rising wage employment, and pro-poor income gains reduced the national poverty rate from 17.0 percent to 5.8 percent, lifting approximately 3.7 million people out of poverty. The middle-class share more than doubled, reaching over 72 percent of the population.”

From World Bank.

South China Morning Post | Poverty Rates

Philippines’ Poverty Rate Falls to Single Digits for First Time

“The Philippines has cut its official poverty rate to below 10 per cent for the first time, a milestone officials hailed as proof that millions of Filipinos are climbing the economic ladder…

The Philippine Statistics Authority said poverty incidence fell to 9.7 per cent in 2025 – or about 11 million people – down from 15.5 per cent, or 17.5 million, in 2023. It marked the first time the national individual poverty rate had fallen into single digits.

Meanwhile, the percentage of families living in poverty also dropped from 10.9 per cent to 6.4 per cent over the same period.

The milestone comes a month after the World Bank reclassified the Philippines as an upper-middle-income country, after its gross national income reached US$4,850 per capita – above the bank’s US$4,636 threshold.”

From South China Morning Post.

World Bank | Poverty Rates

Poverty Falls in Laos

“Laos has reduced poverty over the past decade, even through the shocks of COVID-19, high inflation, and a depreciating currency…

The national poverty rate fell from 24.6% in 2012 to 15% in 2024. About 500,000 fewer people live in poverty than a decade ago, despite population growth. More households now have better housing, improved sanitation, access to grid electricity, and durable assets. Inequality has also fallen, reversing a two-decade upward trend, thanks to stronger welfare gains among rural and less well-off households.”

From World Bank.

Citi Newsroom | Poverty Rates

950,000 Ghanaians Lifted Out of Multidimensional Poverty

“Finance Minister Dr. Cassiel Ato Forson has disclosed that about 950,000 Ghanaians moved out of multidimensional poverty between 2024 and 2025, attributing the improvement to the country’s strengthening economic performance and better living conditions.

According to the Finance Minister, the decline in multidimensional poverty reflects progress in addressing deprivation across key indicators, including education, health, employment and overall living conditions.

Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr. Forson said Ghana’s multidimensional poverty rate fell from 24.9% in the third quarter of 2024 to 21.9% during the same period in 2025.”

From Citi Newsroom.