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UNDERSTANDING POVERTY

Millions of people still live on less than $1.90 a day, which is defined as extreme poverty. A number of challenges remain if we are to meet the World Bank’s twin goals of ending poverty and boosting shared prosperity.

Open Data

Free and open access to global development data

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Fewer people live in extreme poverty than ever before. Even as the world's population has grown, the number of poor has gradually fallen. In 1990 almost 4 in 10 people were living under the international extreme poverty line of US$1.90 a day. In 2013, that figure had fallen to just over 1 in 10. In spite of this progress, with more than 767 million people living on less than $1.90 a day in 2013, poverty remains unacceptably high.

Research and Publications

Analysis and advice for developing countries.

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Essential Reading

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Climate Change

Discover how the World Bank Group Climate Change Action Plan will support countries to identify green transport solutions, develop climate-smart agriculture plans, boost coastal and urban resilience, and more.

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Energy

Access to energy is essential to reduce poverty. Globally, around 1.1 billion people still do not have access to electricity.

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Fragility, Conflict and Violence

The challenge of fragility, conflict, and violence is widespread, and not confined to low-income countries.

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Financial Inclusion

Around 2 billion people don’t use formal financial services and more than 50% of adults in the poorest households are unbanked. Financial inclusion is a key enabler to reducing poverty and boosting prosperity.